Natural Polymer Market Can Stride Ahead with Robust CAGR During the Forecast Period (2023-2032): MRFR

Pune, India, January 2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Natural Polymer Market

Overview:

The natural polymer market is set for a fast-track growth with downright impelling from the pharmaceutical application sector. It is becoming all the more popular as its utility is far-reaching, it spans across food & beverages, oilfields, cosmetics & personal care, construction, adhesive, paints & inks, packaging, and others. Obtained from plants, animals, or micro-organisms, these polymers have better stand against their synthetic counterpart as they are economical, non-toxic, and availability on a wide-scale. Natural polymers do not require petroleum which is why they are eco-friendlier and satiates the demands of industries who adhere to strict government norms regarding carbon footprint. The global natural polymer market is expecting robust growth during the forecast period (2023-2032), asserts Market Research Future (MRFR) in a detailed report. The report covered segmental analysis, expert inputs, competitive landscape, and drivers that can impact the natural polymer market significantly.

The natural polymer market can rely on several sectors for future growth as its market percolation is quite intensive and acceptance is higher than its counterparts. Its usage as a binder in pharmaceutical dosage, matrix formers or drug release modifiers, and as solubilizer, thickener, stabilizer, suspending agent, emulsifier, gelling agent, viscosity enhancer, and bio-adhesive in several other sectors are impacting its market growth. Also, in oilfields, natural polymers are used as corrosion inhibitors, mud thickener, and circulation loss control agents during the drilling process. The packaging industry is also having significant utility for natural polymers which has lessen their worries regarding non-biodegradable product waste. Its prolific use in cosmetics can be considered a substantial market booster as many are now preferring eco-friendly products.

However, the product gets a bit lost when it comes to maintaining a proper supply and demand chain. Supply uncertainties is a detractor that is prohibiting the product from encapsulating industries with great ease. At the same time, its inconsistencies can prevent the natural polymers market profit substantially during the forecast period.

Segmental Analysis:

The global natural polymers market can be segmented by type and application.

Based on the type, the natural polymer market is segmented into exudate & vegetable gums, starch & fermentation polymers, cellulose ether, and others (silk, marine polymers, pectin, protein-based polymers, and wool). Cellulose ether includes hydroxyethyl cellulose (HEC), carboxymethyl cellulose (CMC), microcrystalline cellulose (MCC), methylcellulose (MC), and others. Starch & fermentation polymers comprise xanthan gum, starch derivatives, polylactic acid, hyaluronic acid, and others. Exudate & vegetable Gums includes guar gum, gum arabic and other.

Application-wise, the global natural polymer market can be segmented into construction, packaging, cosmetic & personal care products, pharmaceutical, oilfield, food & beverages, textiles, and others.

Regional Analysis:

The regional analysis of the global natural polymers market has its focus on Asia Pacific (APAC), North America, Europe, the Middle East & Africa (MEA), and Latin America.

North America is dominating the global market with the maximum market revenue. Its burgeoning pharmaceutical industry, where a lot of investment is happening in a bid to discover new drugs, is providing significant traction to the regional market. At the same time, cosmetics and personal care products are also gaining mileage positing the region ahead of several countries.

The APAC market is also having a great run with emerging countries such as China and India creating space in the food & beverage, packaging, cosmetics & personal care segment for better market hold. In the MEA, the market is having a good time as the construction industry is witnessing a significant surge. For instance, Qatar is constructing stadiums to back their World Cup 2022 hosting plan. Europe’s market is driven by stringent environmental regulations.

Competitive Landscape:

Players impacting the global natural polymer market are Economy Polymers & Chemicals, Ashland, Cargill Incorporated, DowDuPont Inc., Plantic, Borregaard, Encore Natural Polymers, Novamont S.p.A., Archer Daniels Midland Company, Marine Polymer Technologies, Inc., and CP Kelco.

In May 2018, Bridgestone Corporation launched the world’s first polymer to bond rubber and resins at a molecular level. Its crack resistance is much greater than the regular ones.

In January 2018, Global Bioenergies and Clariant developed their new cosmetic polymer which has natural components as a source. Developed from sugar-based isobutene, it contains more than more than 50% renewable carbon.

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