EINPresswire/ -- The global starch blended polymer market is experiencing robust growth, driven by the rising use of starch-based biodegradable polymers in packaging, supportive government policies promoting bioplastics, increasing consumer inclination toward eco-friendly alternatives, and the sustainable nature of these materials. However, the relatively high cost of biodegradable plastics continues to pose a challenge. On the brighter side, growing corporate social responsibility (CSR) initiatives and reduced reliance on petroleum resources are expected to unlock new opportunities.

According to Allied Market Research, the market was valued at $1.5 billion in 2020 and is projected to reach $3.4 billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030. The report provides a comprehensive analysis of market trends, growth drivers, restraints, opportunities, and competitive dynamics.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Market Segmentation:-

By Application:

- The packaging & bags segment dominated the market in 2020, accounting for nearly half of the total share, and is forecast to maintain its lead. This segment is also expected to register the fastest growth with a CAGR of 8.7% through 2030. Other key applications include consumer durables, agriculture & horticulture, textiles, and others.

By Region:

- Asia-Pacific emerged as the largest regional market in 2020, followed by Europe and North America, together accounting for nearly half of the global share. Looking ahead, Europe is projected to grow at the fastest pace, registering a CAGR of 9.2% during the forecast period.

Key Market Players:

Prominent players operating in the global starch blended polymer market include:

- Stantec
- AECOM
- Geoquip Marine Group
- Fugro
- WSP
- HDR
- Gardline Limited
- EGS Survey
- Arup
- Kiewit Corp.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: /purchase-options

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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