Starch Polymers Market: By Technology (Blow Moulding, Extrusion, Injection Molding, and Others), By Type (Starch Blended with PLA, Starch Blended with PHA, and Others), and By Application (Rigid Packaging, Flexible Packaging, Textile, Agriculture & Horticulture, Consumer Goods, Automotive Transport, Electrical & Electronics, Building & Construction, and Others) and Geography

Starch Polymers Market size was valued at USD 4.6 billion in 2022 and is poised to grow at a CAGR of 5.7% from 2023-2029. The increased application of starch polymers in various food industries and pharmaceutical industries. Development and launch of innovative products by the market players enable a surge in the global stearic acid market demand over the forecast years. For instance. In 2018, Novamont launched the biodegradable and compostable Cuki Gelo bag made of Mater-Bi. MATER-BI products improve the quality and quantity of organic waste collection, thus contributing to the reduction of CO2 emissions and soil desertification. Based on end-user, the market is segmented into rigid packaging, flexible packaging, textile, agriculture & horticulture, consumer goods, automotive transport, electrical & electronics, building & construction, and others. Flexible packaging represents the largest and fastest-growing segment as these polymers are used in manufacturing food packaging and edible films which are odorless, tasteless, colorless, non-toxic, and biodegradable.

Starch Polymers Market Key Developments:

In June 2017, DuPont and Sumitomo Chemical collaborated to accelerate the development and commercialization of novel seed-applied technologies.