Thermoplastic Starch (TPS) Market, By Manufacturing Type (Extrusion, Injection Molding), By Application (Bags, Films, 3D Print, Others (Fibers, pots, clips and guides, cutlery)), and By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
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:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook