Starch Polymer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Starch Polymer Market is segmented by Polymer Type (Bio-degradable and Durable), End-user Industry (Packaging, Textile, Agriculture, Medical, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Market Snapshot

Starch Polymer Market - Market Concentration
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: 5 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The market for starch polymer is expected to register a CAGR of 5% globally during the forecast period. Increasing demand from the packaging industry and the growing demand for bio-degradable polymers are driving the market growth. On the flip side, higher manufacturing costs are hindering the growth of the market.

  • The starch polymer market is expected to grow during the forecast period, owing to the increasing demand from the packaging industry.
  • The Asia-Pacific region is expected to dominate the market across the world, with the largest consumption from countries, such as China, India, and Japan.

Scope of the Report

The starch polymer market report includes:

Polymer Type
Bio-degradable
Durable
End-user Industry
Packaging
Textile
Agriculture
Medical
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand from the Packaging Industry

  • Starch-based polymers are widely used in the packaging industry, owing to its bio-degradable characteristics, and the market is expected to grow rapidly during the forecast period.
  • Starch is naturally obtained from stable foods, like potatoes, wheat, corn, and rice, consisting of several glucose units linked by glycosidic bonds.
  • Starch is mainly used in the manufacturing of biodegradable polymers by combining starch with synthetic polymers. For a polymer to be bio-degradable, the end-product should contain more than 60% of starch. By varying the starch content, the obtained product can either durable or biodegradable.
  • Starch blended with polyesters produces starch bioplastics, which have similar properties to that of LDPE (low-density polyethylene). These bio-degradable starch polymers are used for sustainable packaging for medical, cosmetics, food, shopping bags, and electronic goods, as well as in logistics and agriculture, owing to its eco-friendly characteristics.
  • The increase in demand for bio-degradable packaging in the packaging industry, owing to stringent environmental regulations, is expected to drive the market during the forecast period.
Starch Polymer Market Revenue Share

The Asia-Pacific Region to Dominate the Market

  • The Asia-Pacific region is expected to dominate the market for starch polymer during the forecast period, as a result of the increase in the demand from the packaging industry in countries, like India and China.
  • The starch polymer as an elastomer is widely used in the packaging and textile industries. The growing demand for e-commerce in China is expected to drive the market for starch polymers during the forecast period.
  • China’s e-commerce market is dominated by Alibaba, whose market share is around 59%. The company’s annual revenue in FY 2019 has seen 51% year-on-year growth and the growing e-commerce industry requires packaging solutions, and this is expected to drive the market during the forecast period.
  • The Indian e-commerce industry is expected to reach USD 120 billion by 2020. The increase in penetration of the internet and the change in government policies allowing 100% foreign direct investments in the e-commerce sector are expected to boost the market
  • The aforementioned factors, coupled with government support, are contributing to the increasing demand for starch polymer in the Asia-Pacific region during the forecast period.
Starch Polymer Market Regional Trends

Competitive Landscape

The global starch polymer market is partially fragmented with players accounting for a marginal share of the market. Few companies include Novamont SpA, Rodenburg Biopolymers, JAPAN CORN STARCH CO. LTD, United Biopolymers SA, and Plantic.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand from the Packaging Industry

      2. 4.1.2 Growing Demand for Bio-degradable Polymers

    2. 4.2 Restraints

      1. 4.2.1 Higher Manufacturing Costs

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Polymer Type

      1. 5.1.1 Bio-degradable

      2. 5.1.2 Durable

    2. 5.2 End-user Industry

      1. 5.2.1 Packaging

      2. 5.2.2 Textile

      3. 5.2.3 Agriculture

      4. 5.2.4 Medical

      5. 5.2.5 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share(%)/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Balson Industries

      2. 6.4.2 BASF SE

      3. 6.4.3 BIOTEC

      4. 6.4.4 Biome Bioplastics

      5. 6.4.5 Eco-Products Inc.

      6. 6.4.6 JAPAN CORN STARCH CO. LTD

      7. 6.4.7 Novamont SpA

      8. 6.4.8 Plantic

      9. 6.4.9 Rodenburg Biopolymers

      10. 6.4.10 United Biopolymers SA

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Use of Bio-Degradable Polymers to Deliver Drugs in the Healthcare Sector

    2. 7.2 Other Opportunities

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Starch Polymer Market market is studied from 2016 - 2026.

The Starch Polymer Market is growing at a CAGR of 5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Novamont S.p.A., Rodenburg Biopolymers, JAPAN CORN STARCH CO., LTD. , United Biopolymers, S.A, Plantic are the major companies operating in Starch Polymer Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!