Thermoplastic starch (TPS) is a polymer made from starch. It is a biodegradable material. Thermoplastic starch can be used in various products. There are several ways to manufacture thermoplastic starch. One way is to melt it. Then, it is dispersed in water. This process results in a solid with a higher modulus than glycerol. The polymer addition also affects the modulus. This process can lead to a material that is pliable and flexible. Thermoplastic starch is the most common bioplastic.

Market Dynamics:

Thermoplastic starch market is expected to grow at a healthy rate in the coming years, owing to the favorable government policies to promote bio-plastics and increasing demand from packaging industry. It is a versatile and eco-friendly material with many applications. It has excellent potential in bio-medicine, food, and non-food applications. All these factors are projected to foster the market growth.

However, multiple challenges including technological constraints and overexploitation of food sources as raw materials is expected to hamper the market growth.

Key features of the study:

• This report provides in-depth analysis of the global thermoplastic starch (TPS) market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global thermoplastic starch (TPS) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include AGRANA Beteiligungs AG, Biome Bioplastics Limited, BIOTEC, Cardia Bioplastics, Novamont SpA, Kuraray Co. Ltd (Plantic), Rodenburg Biopolymers, and Wittenburg Group
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global thermoplastic starch (TPS) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global thermoplastic starch (TPS) market

Detailed Segmentation:

• Global Thermoplastic Starch (TPS) Market, By Manufacturing Type
  • Extrusion
  • Injection Molding
• Global Thermoplastic Starch (TPS) Market, By Application
  • Bags
  • Films
  • 3D Print
  • Others (Fibers, pots, clips and guides, cutlery)
• Global Thermoplastic Starch (TPS) Market, Geography
  • Asia-Pacific
  • North America
  • Europe
  • Rest of the World
• Company Profiles
  
  • AGRANA Beteiligungs AG
  • Biome Bioplastics Limited
  • BIOTEC
  • Cardia Bioplastics
  • Novamont SpA
  • Kuraray Co. Ltd (Plantic)
  • Rodenburg Biopolymers
  • Wittenburg Group