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Starch based Plastics Market Share

ID: MRFR//8960-CR | 449 Pages | Author: Priya Nagrale| March 2021

Introduction: Navigating the Competitive Landscape of Starch-based Plastics

The market for starch-based plastics is undergoing a major transformation, with the emergence of new technologies, stricter regulations and the growing demand for sustainable materials. The major players, the manufacturers of original equipment, the suppliers of materials and the new companies dedicated to the environment, are aiming to lead the market by deploying advanced digital solutions, such as artificial intelligence-based diagnostics and Internet of Things (IoT) integration, to enhance the performance and the efficiency of their products. The major manufacturers are investing more and more in green and automatic production, while new companies are challenging the old paradigms with new biopolymers. Strategic deployment is shifting towards local production and supply chain resilience, especially in the North American and European markets. The growing demand for sustainable packaging and consumer products will be a major opportunity for players in this field.

Competitive Positioning

Full-Suite Integrators

These manufacturers supply the whole range of products from the starch-plastics industry.

VendorCompetitive EdgeSolution FocusRegional Focus
AGRANA BETEILIGUNGS AG Strong agricultural base and expertise Starch-based bioplastics Austria, Europe
Corbion N.V. Leader in biobased ingredients Bioplastics and biochemicals Global
Novamont S.p.A Innovative bioplastics solutions Biodegradable plastics Italy, Europe

Specialized Technology Vendors

The following companies are devoted to the development of special plastics from starch.

VendorCompetitive EdgeSolution FocusRegional Focus
Kuraray Co. Ltd. Advanced polymer technology Functional polymers Japan, Asia
Rodenburg Biopolymers Expertise in biopolymer production Biopolymer solutions The Netherlands, Europe
Biome Bioplastics Limited Focus on sustainable materials Bioplastics development UK, Europe
Toray Industries, Inc. Diverse polymer applications Advanced materials Japan, Global

Infrastructure & Equipment Providers

These manufacturers supply the necessary equipment and machinery for the production of starch-plastics.

VendorCompetitive EdgeSolution FocusRegional Focus
Wittenburg Group Specialized machinery for bioplastics Production equipment Flevoland, Europe
Nihon Cornstarch Corporation Strong supply chain integration Starch production Tokyo, Asia
BioLogiQ Innovative biopolymer technology Biodegradable resins US, North America
Grabio Greentech Focus on eco-friendly solutions Bioplastics technology Taiwan, Asia
Sunar NP Local production capabilities Bioplastics manufacturing Turkey, Europe
Cardia Bioplastics Sustainable product offerings Biodegradable plastics Austria, Global
Multibax Public Co. Diverse product range Bioplastics and packaging Thailand, Asia
FuturaMat Innovative material solutions Bioplastics and composites France, Europe
BIOTEC GmbH & Co Expertise in biodegradable materials Bioplastics production Germany, Europe

Emerging Players & Regional Champions

  • Biologiq (USA): Starch-based resins for biodegradable plastics. Has obtained contracts with major packaging companies to supply sustainable materials, thus competing with traditional plastic manufacturers with a green alternative.
  • NOVAMONT (ITALY): Known for its Mater-Bi line, a bioplastic based on starch, NOVAMONT has teamed up with local governments in waste management projects, enhancing the circular economy.
  • Green Dot Bioplastics, Inc. (USA): Starch-based bioplastics that are compostable. The company has just won a contract to supply agricultural companies with protective films. Green Dot Bioplastics is a challenger to the suppliers of conventional plastics.
  • NatureWorks (USA): As a leader in biopolymer technology, NatureWorks has diversified its Ingeo product line, which focuses on starch-based materials for various applications, thus strengthening its position against the established petrochemical companies.
  • Futerro (Belgium): The company specializes in the production of PLA and starch blends. It has recently signed agreements with several European retailers on the subject of sustainable packaging solutions, thus complementing the products of other suppliers with its own, novel bioplastic products.

Regional Trends: In 2024, the use of starch-based plastics increases noticeably in Europe and North America, prompted by the stricter regulations on single-use plastics and by the increasing desire of consumers to favor sustainable products. In this context, the specialization of the industry shifts towards enhancing the biodegradability and performance of starch-based materials, especially in the field of packaging, agriculture and consumer products.

Collaborations & M&A Movements

  • The joint development of new biodegradable plastics from starch and the expansion of the product range of sustainable materials are the goals of this partnership.
  • In a strategic move to strengthen its position in the bioplastics market, Cargill acquired NatureWorks in order to expand its product range and to improve its competitiveness against traditional plastics manufacturers.
  • Total Energa and Braskem announced that they had entered into an agreement to undertake research and development on the manufacture of bio-based plastics from renewable resources. The agreement was aimed at strengthening their position in the growing market for sustainable packaging solutions.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Sustainability NatureWorks, BASF NatureWorks is a pioneer in the manufacture of Ingeo biopolymers from renewable resources, and is a strong supporter of sustainable development. As a result, it has developed a range of sustainable alternatives to conventional plastics.
Material Innovation Novamont, Corbion The starch-based bioplastic Mater-Bi from Novamont is a starch-based bioplastic with a versatile application, which is biodegradable and has a very good biocompatibility. It meets the strictest industry standards, thereby demonstrating Corbion's innovative approach.
Production Efficiency Cargill, Total Corbion PLA Cargill has developed a production method for starch-based plastics that is cost-effective. Total Corbion uses the latest technology to increase productivity while maintaining high quality.
Market Penetration Braskem, Futerro Braskem, for its part, has occupied a considerable part of the market with its Iโ€™m green polyethylene, a derivative of sugarcane, and Futerro is working to increase the scope of its operations in Europe with its new bioplastics.
Application Versatility Mitsubishi Chemical, Green Dot Bioplastics The starch-plastics developed by the Mitsubishi chemical company are used in a variety of fields, from containers to everyday household items. Customized products are also available.

Conclusion: Navigating the Starch-based Plastics Landscape

Competition is fragmented in the starch-based plastics market. The trend towards increased focus on eco-friendliness is reflected in the regional trends, especially in North America and Europe where the regulatory framework is becoming increasingly supportive of the use of eco-friendly materials. The major suppliers are strategically positioning themselves by deploying advanced capabilities such as automation and artificial intelligence to increase production efficiency and product innovation. The companies that can maintain a sustainable position in the market will be able to compete better. To remain competitive, the suppliers will need to offer a wide range of products to suit the changing preferences of consumers. The key to staying ahead will be to ensure that these capabilities are well deployed.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2023
Forecast Period 2024-2032
Growth Rate 8.07% (2024-2032)
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