(MENAFN- GlobeNewsWire - Nasdaq) New York, March 08, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report 'Cationic Starch Global Market Report 2023' -
Ltd., Chemigate, Guangxi State Farms, Shandong Fuyang Biotechnology, Xilai-Starch, and Zhu Cheng Xing Mao Corn Developing Co., Ltd.
The global cationic starch market grew from $1.58 billion in 2022 to $1.66 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The cationic starch market is expected to grow to $1.96 billion in 2027 at a CAGR of 4.3%.
The cationic starch market consists of sales of cross-linked starch products, high-charge cationic starches, modified starch.Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers.
The value of goods in this market includes related services sold by the creators of the goods.
The cationic starch refer to a type of modified starch produced by combining a reactive chemical with a slurry of a partly swelled starch granules.It is used as wet end additives, rheology modifiers, paper binders, thickening agents, flocculants, emulsion stabilizers, and coating agents.
Cationic starch aims to enhance tear strength, help bind particles together on the base material, and increase fiber and filler retention.
North America was the largest region in the cationic starch market in 2022.Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The regions covered in the cationic starch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of cationic starch include corn cationic starch, tapioca cationic starch, potato cationic starch, and wheat & other cationic starch.Corn cationic starch refers to a type of starch in which derivatives with a high degree of substitution are prepared in an alkaline solution.
It has differnet nature that are organic and conventional, these are widely used in wet end additives in papermaking, as it assists in getting greater thickness. These cationic starches are used in paper-making performance, textile industry, mining & sewage treatment industries.
An increase in paper manufacturing is expected to propel the growth of the cationic starch market.The ongoing demand for education and literacy, expansion of organized retail, eCommerce, FMCG, pharma/healthcare, quality packaging, and the ban on plastic has bolstered the paper manufacturing activities across the globe.
Increasing paper manufacturing is expected to boost the utilization of cationic starch, as they play a prominent role in manufacturing fine papers, packaging board-carton board, corrugated papers, and coated and uncoated wood-containing publication papers.The cationic starch also acts as natural coating binders to provide printability and surface properties and serve as OBA carriers.
According to American Forest & Paper Association (AF&PA) released data, In January 2022, in the United States total paper products and materials, and containerboard production increased by 5.6% from 2020-2021. Therefore, the increase in paper production and manufacturing is expected to boost demand for cationic starch during the forecast period.
Technological innovation is a key trend gaining popularity in the cationic starch market.Major companies operating in the cationic starch market are focused on providing advanced solutions to meet end-customer demands and strengthen their market position.
These companies are implementing innovations into their end products, such as cross-linked starch products, high-charge cationic starches, anionic starches, and others, to provide additional value to the products.For instance, In June 2021, Roquette, an Indian pharmaceutical excipient provider, launched a new type of modified starches called STABILYS®.
This aids in producing new types of paper known as EVO 880, which has a high latex replacement rate. It also contributes to lowering paper production costs for paper production industries.
In February 2021, Tate & Lyle PLC., a UK-based provider of food and beverage ingredients acquired Chaodee Modified Starch Co. Ltd for an undisclosed amount. Through the acquisition, Tate & Lyle aims to strengthen its product portfolio in tapioca-based texturants and allows us to offer a broader range of tapioca-based solutions. Chaodee Modified Starch Co. Ltd is a Thailand-based tapioca-modified food starch manufacturer.
The countries covered in the cationic starch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The cationic starch market research report is one of a series of new reports that provides cationic starch market statistics, including cationic starch industry global market size, regional shares, competitors with a cationic starch market share, detailed cationic starch market segments, market trends and opportunities, and any further data you may need to thrive in the cationic starch industry. This cationic starch market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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