Starch Blends Biodegradable Plastic Market
Starch Blends Biodegradable Plastic Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Starch Blends Biodegradable Plastic Market Size and Growth
The Starch Blends Biodegradable Plastic market is experiencing significant growth, driven by increasing environmental awareness and demand for sustainable packaging solutions. Valued at approximately $500 million in 2022, the market is projected to expand at a CAGR of around 12% through 2030, influenced by innovations in biodegradable materials and regulatory support.
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Companies Covered
(Covid 19 Impact Covered)
◍ Dow
◍ NatureWorks LLC
◍ Braskem
◍ BASF SE
◍ TotalEnergies Corbion
◍ Novamont SpA
◍ Biome Bioplastics
The starch blends biodegradable plastic market features key players like Dow, NatureWorks LLC, and BASF SE, focusing on innovation and sustainable products. Companies invest in R&D, partnerships, and marketing to expand market reach. Revenue figures include NatureWorks at approximately $200 million and BASF around $78 billion, enhancing market growth.
◍ Mitsubishi Chemical Holding Corporation
◍ Biotec
◍ KURARAY
◍ Dupont
◍ Plantic
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Market Segmentation
By Application
By Product
◍ Blow Molding ◍ Injection Molding
◍ Extrusion Molding ◍ Others ◍ Packaging and Bags ◍ Agricultural ◍ Textile ◍ Toy Processing
◍ Food Tableware ◍ Others
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Market Growth
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$ X Billion USD
