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Starch Blended Biodegradable Polymers Market Expected to Experience a strong Growth during
by IVO Smith Business Analyst Starch blended biodegradable polymers are made by combining starch and its derivatives with certain synthetic polymers via physical blending or chemical modification. These polymers have the biodegradability of starch as well as the physical properties of synthetic polymers. After polylactic acid (PLA), starch based biodegradable polymers currently represent the second-largest category of biodegradable polymers. A new research report by IMARC Group, the market reached a volume of around 314 Thousand Tons in 2017. The report further anticipates the market to reach a volume of 588 Thousand Tons by 2023, at a projected CAGR of 11% over the forecast period.Global Starch Blended Biodegradable Polymer Market Drivers/Constraints:
The major demand driver fuelling the growth of the starch blended biodegradable polymer market is their extensive use in various applications such as food packaging, agriculture etc.
Owing to their declining costs, the use of starch blended biodegradable polymers has surpassed that of synthetic polymers. This is anticipated to propel the growth of the starch blended biodegradable polymers market globally.
In addition, the lower price and greater availability of starch coupled with its environment-friendly profile has made it as a viable alternative to petrochemical-based polymers. This is spurring the demand for starch blended biodegradable polymers worldwide.
The stringent regulations by the government regarding the production of these polymers will impede the market growth.
Apart from starch blended polymers, there are various other biodegradable polymers which can substitute these polymers in their applications, thereby posing a threat to the market growth.
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About IVO Smith 
Business Analyst
17 connections, 1 recommendations, 74 honor points.Joined APSense since, April 18th, 2019, From Brooklyn, United States.
Created on Sep 24th 2019 06:43. Viewed 333 times.
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