Starch-Blended Bioplastics Are Fastest Growing Segment Fueling The Growth of Starch-Blended Bioplastic Market
The global Starch-blended Bioplastic Market is estimated to be valued at US$ 300.6 Mn or Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Starch-blended bioplastics are biodegradable plastics produced using starch as a raw material. They offer advantages such as durability, flexibility and printability. With increasing awareness about environmental protection, these bioplastics have emerged as an alternative to conventional plastics. Market Key Trends: Growing focus towards sustainability among consumers and manufacturers has fueled the demand for bioplastics made from renewable resources. Starch-blended bioplastics have garnered major attention due to their biodegradability and eco-friendly production process. Their properties allow use across various applications ranging from packaging to textiles. Additionally, supportive regulations regarding use o...