Starch-Based Plastics Market
Starch-Based Plastics Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Starch-Based Plastics Market Size and Growth
The starch-based plastics market is experiencing significant growth, driven by increasing environmental concerns and regulatory support for biodegradable materials. Valued at approximately $2.6 billion in 2023, it is projected to expand at a CAGR of around 12% over the next five years, fueled by demand in packaging and automotive applications. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Novamont
◍ Warner-Lambert
◍ Paper Foam
◍ Ecoplast Technologies Inc
◍ Suzhou Hanfeng New Material Co., Ltd.
◍ Shandong Bikecheng Environmental Protection Industry Co.,Ltd.
◍ .
The starch-based plastics market features companies like Novamont, Warner-Lambert, and Ecoplast Technologies inc, focused on biodegradable solutions. They innovate sustainable products, enhancing market growth through eco-friendly alternatives. Notable revenues include Novamont at ~$250 million and Ecoplast around $30 million, driving demand and investment in the sustainable materials sector. Request Sample Report
Market Segmentation
By Application
By Product
◍ Bio-based Plastics ◍ Biodegradable Plastic ◍ Packing Industry ◍ Automotive Industry ◍ Bottles Manufacturing
Others
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Market Growth
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$ X Billion USD
