The thermoplastic starch (TPS) market has grown significantly over the past decade owing to the increasing use of TPS in bioplastics manufacturing. TPS is a biodegradable thermoplastic material produced from starch, a renewable resource that is fully biodegradable. TPS has gained widespread acceptance as an eco-friendly alternative to conventional petroleum-based plastics owing to its...
The global Thermoplastic Starch (TPS) market is estimated to be valued at US$ 200.56 million in 2021 and is expected to exhibit a CAGR of 7.88% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.A) Market Overview:Thermoplastic Starch (TPS) is a biodegradable polymer derived from renewable resources such as corn, wheat, potato, and cassava....
The global Thermoplastic Starch (TPS) Market is estimated to be valued at US$ 233.41 Mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
SWOT Analysis:
Strength:
- Thermoplastic starch is a biodegradable material and helps reduce reliance on petroleum-based...
The global Thermoplastic Starch Market is estimated to be valued at US$ 233.41 Mn or Mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:Thermoplastic starch is a biodegradable and sustainable bio-based plastic produced from vegetable starch blended with petroleum-based...
Thermoplastic starch (TPS) are biodegradable and biobased plastics derived from starch and can be processed similar to conventional plastics. TPS offer advantages over conventional plastics such as being eco-friendly as they are plant-based, renewable, compostable and biodegradable. TPS finds applications in food packaging, agricultural films and disposable tableware among others due to their...
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