The global Thermoplastic Starch (TPS) Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Thermoplastic Starch (TPS) are manufactured through injection and extrusion molding process. It is biodegradable and renewable. It is majorly used across packaging applications such as films and bags. These are recyclable, biodegradable, sustainable and available at low cost. Moreover, Applications for thermoplastic starch polymers includes mulch film, overwrap, and shopping bag films. Moreover, it works well for packaging coatings, silverware, and other items. The Thermoplastic Starch (TPS) market is expanding because of factors such as the rising demand from the packaging industries and supportive government policies.
According to the Packaging Industry Association of India (PIAI), the packaging sector is rising with the growing rate of around 22-25%. Also, according to the Statista in 2020, the food packaging market attain revenue of around USD 305 billion which is projected to grow in the coming years. Whereas rising demand for lightweight packaging material and technological advancement & innovations create lucrative opportunities for the market. However, multiple technological constraints hamper the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Thermoplastic Starch (TPS) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing demand from the packaging industry, and rising consumption of packaged food. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing penetration of market players, rising growth activities by market players in the forecast period.
Major market players included in this report are:
- AGRANA Beteiligungs AG
- Biome Bioplastics Limited
- BIOTEC
- Cardia Bioplastics
- Novamont SpA
- Kuraray Co. Ltd (Plantic)
- Rodenburg Biopolymers
- Wittenburg Group
- Sunar Group of Companies
- Thai Wah Public Company Limited
Recent Developments in the Market:
- In July 2019, Agrana introduced AGENACOMP bioplastic. It is a blend of thermoplastic starch and biologically degradable polyester. It has enhanced the usage of bioplastic compounds which can be composed at home easily.
Global Thermoplastic Starch (TPS) Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Manufacturing Type, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters to detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Manufacturing Type:
- Extrusion Molding
- Injection Molding
By Application:
- Bags,
- Films,
- 3D Print,
- Other Applications
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Thermoplastic Starch (TPS) Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Thermoplastic Starch (TPS) Market, by Manufacturing Type, 2019-2029 (USD Billion)
- 1.2.3. Thermoplastic Starch (TPS) Market, by Application, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Thermoplastic Starch (TPS) Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Thermoplastic Starch (TPS) Market Dynamics
- 3.1. Thermoplastic Starch (TPS) Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand from the packaging industries
- 3.1.1.2. Supportive government policies
- 3.1.2. Market Challenges
- 3.1.2.1. Multiple technological constraints
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising demand for lightweight packaging material
- 3.1.3.2. Technological advancement and innovations
Chapter 4. Global Thermoplastic Starch (TPS) Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Thermoplastic Starch (TPS) Market, by Manufacturing Type
- 6.1. Market Snapshot
- 6.2. Global Thermoplastic Starch (TPS) Market by Manufacturing Type, Performance - Potential Analysis
- 6.3. Global Thermoplastic Starch (TPS) Market Estimates & Forecasts by Manufacturing Type 2019-2029 (USD Billion)
- 6.4. Thermoplastic Starch (TPS) Market, Sub Segment Analysis
- 6.4.1. Extrusion Molding
- 6.4.2. Injection Molding
Chapter 7. Global Thermoplastic Starch (TPS) Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Thermoplastic Starch (TPS) Market by Application, Performance - Potential Analysis
- 7.3. Global Thermoplastic Starch (TPS) Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Thermoplastic Starch (TPS) Market, Sub Segment Analysis
- 7.4.1. Bags
- 7.4.2. Films
- 7.4.3. 3D Print
- 7.4.4. Other Application
Chapter 8. Global Thermoplastic Starch (TPS) Market, Regional Analysis
- 8.1. Thermoplastic Starch (TPS) Market, Regional Market Snapshot
- 8.2. North America Thermoplastic Starch (TPS) Market
- 8.2.1. U.S. Thermoplastic Starch (TPS) Market
- 8.2.1.1. Manufacturing Type breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Thermoplastic Starch (TPS) Market
- 8.3. Europe Thermoplastic Starch (TPS) Market Snapshot
- 8.3.1. U.K. Thermoplastic Starch (TPS) Market
- 8.3.2. Germany Thermoplastic Starch (TPS) Market
- 8.3.3. France Thermoplastic Starch (TPS) Market
- 8.3.4. Spain Thermoplastic Starch (TPS) Market
- 8.3.5. Italy Thermoplastic Starch (TPS) Market
- 8.3.6. Rest of Europe Thermoplastic Starch (TPS) Market
- 8.4. Asia-Pacific Thermoplastic Starch (TPS) Market Snapshot
- 8.4.1. China Thermoplastic Starch (TPS) Market
- 8.4.2. India Thermoplastic Starch (TPS) Market
- 8.4.3. Japan Thermoplastic Starch (TPS) Market
- 8.4.4. Australia Thermoplastic Starch (TPS) Market
- 8.4.5. South Korea Thermoplastic Starch (TPS) Market
- 8.4.6. Rest of Asia Pacific Thermoplastic Starch (TPS) Market
- 8.5. Latin America Thermoplastic Starch (TPS) Market Snapshot
- 8.5.1. Brazil Thermoplastic Starch (TPS) Market
- 8.5.2. Mexico Thermoplastic Starch (TPS) Market
- 8.6. Rest of The World Thermoplastic Starch (TPS) Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. AGRANA Beteiligungs AG
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Biome Bioplastics Limited
- 9.2.3. BIOTEC
- 9.2.4. Cardia Bioplastics
- 9.2.5. Novamont SpA
- 9.2.6. Kuraray Co. Ltd (Plantic)
- 9.2.7. Rodenburg Biopolymers
- 9.2.8. Wittenburg Group
- 9.2.9. Sunar Group of Companies
- 9.2.10. Thai Wah Public Company Limited
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption