According to the report published by Allied Market Research, the global starch blended biodegradable polymer market generated $1.5 billion in 2020, and is predicted to reach $3.4 billion by 2030, manifesting a CAGR of 8.2% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.
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Increase in use of starch blended biodegradable polymer in the packaging market, favorable government regulations toward the use of bioplastic, eco-friendly nature, and rise in consumer adoption of biodegradable plastics fuel the global starch blended biodegradable polymer market. On the other hand, high cost of biodegradable plastic hinders market growth. On the contrary, surge in CSR activities and drop in the dependence on petroleum resources create new opportunities.
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COVID-19 Scenario:
Before Covid-19 pandemic, several multinational businesses such as Danone, Coca-Cola, and Nestlé planned to accept biodegradable plastics due to consumer demand and spreading awareness.
Since the pandemic, countries made many changes in their regulations regarding disposable and single-use plastics which impacted the demand for starch blended biodegradable polymer.
Disrupted supply chain due to irregular transport leads to increase in prices of raw materials. This delays the entire production process.
The report segments the global starch blended biodegradable polymer market on the basis of application and region.
Based on application, the packaging & bags segment accounted for the largest market share in 2020, contributing to nearly half of the total share, and is expected to maintain the lead throughout the forecast period. The segment is estimated to witness the fastest CAGR of 8.7% from 2021 to 2030. The report also covers segments such as consumer durables, agriculture & horticulture, textiles, and others.
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Based on region, Asia-Pacific, followed by Europe and North America, contributed to the highest share in 2020, holding nearly half of the total share, and is anticipated to maintain dominance throughout the forecast period. The global starch blended biodegradable polymer market across Europe is anticipated to exhibit the fastest CAGR of 9.2% during the forecast period.
Key players of the global starch blended biodegradable polymer market analyzed in the research include Stantec, AECOM, Geoquip Marine Group, Fugro, WSP, HDR, Gardline Limited, EGS Survey, Arup, and Kiewit Corp.
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The Disposable Protective Apparel Market 2021 research report gives emerging industry data, global segments and regional outlook.
The report generated using various analysis tools like porter’s five forces model, market attractiveness and value chain.
The report gives comprehensive review of the global market helping to club revenue generation and profitable business to transform client’s success.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the disposable protective apparel market include 3M Company, Dupont De Nemours Inc., Honeywell International, Inc., Kimberly Clark Corp., Lakeland Industries, Inc., Derekduck Industries Corp., International Enviroguard, Drager, Asatex, UVEX, Other Players.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Disposable Protective Apparel Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/disposable-protective-apparel-market/download-sampleMarket DynamicsThe increasing need to protect people, processes, and products across various industrial facilities will be crucial in elevating the market.
Introduction of government rules and regulations to standardize PPE to ensure workers’ safety will boost market growth.
