Market Size of Starch Polymer Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Starch Polymer Market Analysis
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.