Corn-based plastics are primarily a biodegradable group of polymers that can be manufactured from renewable resources. Corn-based plastics are starch-based bioplastics in the form of disposable tableware and carrier bags. Bioplastics have widespread applications in various industries, including the packaging industry.
There are numerous advantages of corn-based plastics in the packaging industry. One of the key factors positively influencing preference for corn-based plastics is that they are 100% biodegradable, which results in less pollution. Another important property possessed by corn-based plastics is that they are carbon neutral which results in reducing the number of greenhouse gases significantly.
Corn-based plastics are free from toxic substances and do not leach harmful substances into the food even at high temperatures. Corn-based plastics are made up from polylactic acid, which is a plastic replacement made from fermented plant starch, and is expected to quickly emerge as a popular alternative to traditional petroleum-based plastics.
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Global corn-based plastics for packaging market: Key Players
Some of the players operating in the global Corn-Based Plastics packaging market are –
- CornWare UK LTD,
- Natureworks LLC, and
- Klockner Pentaplast, among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Global corn-based plastics for Packaging market: Dynamics
The major driver for the global corn-based plastics packaging market is the rising support given by the government, encouraging the incorporation corn-based plastics in place of conventional plastics. Amidst rising concerns regarding the pollution caused by the usage of conventional plastics, corn-based plastics have been widely regarded as an appropriate alternative.
Due to the various benefits of corn-based plastics mentioned above, it is anticipated that they will witness growth in the global packaging industry, during the forecast period. Growing awareness among the general population about the ecological impact of their lifestyle is another key driver for growth of the global corn-based plastics for packaging market.
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Global corn-based plastics for Packaging market: Segmentation
On the basis of end-user industry, the global corn-based plastics for packaging market has been segmented as:
- Food Industry
- Pharmaceutical Industry
- Agriculture Industry
- Textile Industry
Global corn-based plastics for Packaging market: Geographical Outlook
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
- Japan
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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