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...
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...
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...