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Starch-based Bioplastics Market by Type (Starch Blended with PLA, Starch Blended with PHA, and Others), Technology (Injection Molding, Blow Molding, Extrusion, and Others), Application (Rigid Packaging, Flexible Packaging, Textile, Consumer Goods, Agriculture, Automotive, Building and Construction, Electronics, and Others), and Region 2024-2032
Market Report I 2024-04-08 I 136 Pages I IMARC Group
The global starch-based bioplastics market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.96% during 2024-2032. The significant growth in the food and beverage (F&B) industry, rising expenditure capacities of consumers, and extensive research and development (R&D) activities represent some of the key factors driving the market.
Starch-based bioplastics are a type of biodegradable plastic commonly used for packaging applications. These bioplastics are produced by combining starch with other biodegradable polymers, such as polylactic acid (PLA) or polyhydroxyalkanoates (PHA). They are extracted from various sources and then processed into a thermoplastic material that can be molded into various shapes using conventional plastic processing techniques such as extrusion, injection, and blow molding. As compared to traditional petroleum-based plastics, starch-based bioplastics are biodegradable and compostable, and environmentally friendly as they are made from renewable resources. They also are water-sensitive, have high water vapor permeability, and generally provide films with mechanical properties. As a result, they find extensive applications across the packaging, textile, consumer goods, agriculture, automotive, building and construction, and electronics industries.
Starch-based Bioplastics Market Trends:
The significant growth in the food and beverage (F&B) industry across the globe is one of the key factors creating a positive outlook for the market. Starch-based bioplastics are widely used for food packaging due to their enhanced tensile strength. In line with this, brand owners are opting for sustainable and eco-friendly options for food packaging, which in turn is favoring the market growth. Moreover, the rising environmental concerns regarding the negative environmental impact of traditional petroleum-based plastics are acting as another growth-inducing factor. Apart from this, the introduction of advanced starch-based bioplastics that exhibit better performance and properties, such as improved strength, flexibility, and heat resistance, is providing an impetus to the market growth. Additionally, the increasing product demand in the agriculture industry attributed to their water permeability and heat preservation properties is propelling the market growth. Furthermore, key players are focusing on the development of sustainable packaging solutions by making use of crops rich in starch, such as sugarcane and corn, to produce biodegradable bioplastic packaging, which in turn is positively influencing the market growth. Other factors, including the widespread product adoption in the textile industry, extensive research and development (R&D) activities, rising expenditure capacities of consumers, widespread product adoption due to its numerous advantages, increasing product application in the automotive industry, and the implementation of various government initiatives to reduce the use of single-use plastics and promote sustainable alternatives are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global starch-based bioplastics market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, technology, and application.
Type Insights:
Starch Blended with PLA
Starch Blended with PHA
Others
The report has provided a detailed breakup and analysis of the starch-based bioplastics market based on the type. This includes starch blended with PLA, starch blended with PHA, and others. According to the report, starch blended polylactic acid (PLA) represented the largest segment.
Technology Insights:
Injection Molding
Blow Molding
Extrusion
Others
A detailed breakup and analysis of the starch-based bioplastics market based on the technology has also been provided in the report. This includes injection molding, blow molding, extrusion, and others. According to the report, injection molding accounted for the largest market share.
Application Insights:
Rigid Packaging
Flexible Packaging
Textile
Consumer Goods
Agriculture
Automotive
Building and Construction
Electronics
Others
The report has provided a detailed breakup and analysis of the starch-based bioplastics market based on the application. This includes rigid packaging, flexible packaging, textile, consumer goods, agriculture, automotive, building and construction, electronics, and others. According to the report, rigid packaging represented the largest segment.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for starch-based bioplastics. Some of the factors driving the Asia Pacific starch-based bioplastics market included extensive research and development (R&D) activities, widespread product adoption in the textile industry, and the implementation of various government initiatives.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global starch-based bioplastics market. Detailed profiles of all major companies have also been provided. Some of the companies covered include BASF SE, Biome Bioplastics Limited (Biome Technologies plc), Corbion N.V., NatureWorks LLC, Novamont S.p.A., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global starch-based bioplastics market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global starch-based bioplastics market?
What is the impact of each driver, restraint, and opportunity on the global starch-based bioplastics market?
What are the key regional markets?
Which countries represent the most attractive starch-based bioplastics market?
What is the breakup of the market based on the type?
Which is the most attractive type in the starch-based bioplastics market?
What is the breakup of the market based on technology?
Which is the most attractive technology in the starch-based bioplastics market?
What is the breakup of the market based on the application?
Which is the most attractive application in the starch-based bioplastics market?
What is the competitive structure of the global starch-based bioplastics market?
Who are the key players/companies in the global starch-based bioplastics market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Starch-based Bioplastics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Starch Blended with PLA
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Starch Blended with PHA
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Technology
7.1 Injection Molding
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Blow Molding
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Extrusion
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Rigid Packaging
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Flexible Packaging
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Textile
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Consumer Goods
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Agriculture
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Automotive
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Building and Construction
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Electronics
8.8.1 Market Trends
8.8.2 Market Forecast
8.9 Others
8.9.1 Market Trends
8.9.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BASF SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Biome Bioplastics Limited (Biome Technologies plc)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Corbion N.V.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 NatureWorks LLC
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Novamont S.p.A.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Figure 1: Global: Starch-based Bioplastics Market: Major Drivers and Challenges
Figure 2: Global: Starch-based Bioplastics Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Starch-based Bioplastics Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Starch-based Bioplastics Market: Breakup by Type (in %), 2023
Figure 5: Global: Starch-based Bioplastics Market: Breakup by Technology (in %), 2023
Figure 6: Global: Starch-based Bioplastics Market: Breakup by Application (in %), 2023
Figure 7: Global: Starch-based Bioplastics Market: Breakup by Region (in %), 2023
Figure 8: Global: Starch-based Bioplastics (Starch Blended with PLA) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Starch-based Bioplastics (Starch Blended with PLA) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Starch-based Bioplastics (Starch Blended with PHA) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Starch-based Bioplastics (Starch Blended with PHA) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Starch-based Bioplastics (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Starch-based Bioplastics (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Starch-based Bioplastics (Injection Molding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Starch-based Bioplastics (Injection Molding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Starch-based Bioplastics (Blow Molding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Starch-based Bioplastics (Blow Molding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Starch-based Bioplastics (Extrusion) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Starch-based Bioplastics (Extrusion) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Starch-based Bioplastics (Other Technologies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Starch-based Bioplastics (Other Technologies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Starch-based Bioplastics (Rigid Packaging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Starch-based Bioplastics (Rigid Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Starch-based Bioplastics (Flexible Packaging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Starch-based Bioplastics (Flexible Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Starch-based Bioplastics (Textile) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Starch-based Bioplastics (Textile) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Starch-based Bioplastics (Consumer Goods) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Starch-based Bioplastics (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Starch-based Bioplastics (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Starch-based Bioplastics (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Starch-based Bioplastics (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Starch-based Bioplastics (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Starch-based Bioplastics (Building and Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Starch-based Bioplastics (Building and Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Starch-based Bioplastics (Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Starch-based Bioplastics (Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Starch-based Bioplastics (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Starch-based Bioplastics (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: North America: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: North America: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: United States: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: United States: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Canada: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Canada: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Asia-Pacific: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Asia-Pacific: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: China: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: China: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Japan: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Japan: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: India: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: India: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: South Korea: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: South Korea: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Australia: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Australia: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Indonesia: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Indonesia: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Others: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Others: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Europe: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Europe: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Germany: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Germany: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: France: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: France: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: United Kingdom: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: United Kingdom: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Italy: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Italy: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Spain: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Spain: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Russia: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Russia: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Others: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Others: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Latin America: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Latin America: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Brazil: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Brazil: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Mexico: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Mexico: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Others: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Others: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Middle East and Africa: Starch-based Bioplastics Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Middle East and Africa: Starch-based Bioplastics Market: Breakup by Country (in %), 2023
Figure 88: Middle East and Africa: Starch-based Bioplastics Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Global: Starch-based Bioplastics Industry: Drivers, Restraints, and Opportunities
Figure 90: Global: Starch-based Bioplastics Industry: Value Chain Analysis
Figure 91: Global: Starch-based Bioplastics Industry: Porter's Five Forces Analysis
Table 1: Global: Starch-based Bioplastics Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Starch-based Bioplastics Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Starch-based Bioplastics Market Forecast: Breakup by Technology (in Million US$), 2024-2032
Table 4: Global: Starch-based Bioplastics Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Starch-based Bioplastics Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Starch-based Bioplastics Market: Competitive Structure
Table 7: Global: Starch-based Bioplastics Market: Key Players
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