Starch-Based Plastics Market Competitive Strategies & Forecasts 2023 to 2030: Demand and Future Industry Growth Analysis
Market Overview Global Starch-Based Plastics Market is expected to register a CAGR of 9.2% to reach around USD 2,353 Million by the end of 2027. Starch-based plastics are rigid blends of starch with biodegradable or compostable plastics such as polylactic acid, polybutylene adipate terephthalate, polybutylene succinate, polycaprolactone, and polyhydroxyalkanoates. They inhabit many properties such as excellent water resistance and processing and mechanical properties. Also, they can accommodate a vast range of physical properties such as tensile strength and heat tolerance. Hence, it is mainly used as an alternative to traditional plastics. Few end-use applications of starch-based plastics include automotive and transportation, agriculture, packaging, and consumer goods. Segmentation Type, End-Use, and Region have segmented the global Starch-Based Plastics Market. The global starch-based plastics market has been divided into thermoplastic starch and starch polymer blends. The therm