Market
Overview:
Industrial
starch when dissolved in warm water, has various application such as
thickeners, adhesive, and others. Moreover, industrial starches are highly used
as an adhesive in paper and packaging material manufacturing, packaging
material manufacturing, processed food which included snacks, baked food,
condiments and others etc. Industrial starch is converted into sugars by malting
& fermented to yield ethanol to manufacture biofuel, whisky and beer etc.
It is also treated to yield sweeteners which are used in various food
processes. There is rise in demand for adhesive from the packaging industry as
e-commerce industry is growing in recent years and higher demand for
convenience food as fast food chains are growing, are major driving forces for
industrial starches market. Globally the market for industrial starches is
expected to grow at the rate of about 4% from 2016 to 2022.
Competitive
Analysis:
This
report includes a study of strategies used in the market, mergers and acquisitions
in industrial starches, multiple product launch by industrial starches market
players. It further includes product portfolios and developments of leading
major players which includes
- Cargill, Incorporated (U.S.)
- Archer Daniels Midland Company (U.S.)
- Ingredion Incorporated (U.S.)
- Tate & Lyle PLC (U.K.)
- Agrana Beteiligungs-AG (Austria)
- Grain Processing Corporation (U.S.)
- Roquette Frères (France)
The Industrial
Starches Market is mainly occupied by some key manufacturers. The
competitive environment in this market is expected to increase with an increase
in product portfolio from current key players. Most of the companies
operating in this market are focusing on expanding its operations across the
geographies, augmenting its capabilities and investing in research and
development to offer products with better functionality.
Market
Forecast
Increase
in demand for adhesive from packaging industry are driving the industrial
starches market. Rise in the demand for industrial starches in construction
industry, along with increasing demand for food additive especially as
thickeners is responsible for the growth of the industrial starches market. Growing
demand for starch is used in coating of papers as one of the binders. Coated
paper has enhanced smoothness, stability, whiteness and hence improving the
printing quality has boosted sales of industrial starches. Urbanization and
versatility application of industrial starches is supporting the growth of this
market in various application sectors.
These
factors will play a key role in the growth of industrial starches market at the
CAGR of 4% during 2016-2022.
By
Application Analysis:
Industrial
starches are used as a depressant in the phosphate beneficiation process to
increase the effectiveness of the flotation separation. High-quality starches
are the standard for sizing and finishing of textile fabrics and to provide
superior quality in a laundry application. Starch-based adhesives are
extensively used in the bag industry. Specifically formulated to make
corrugating adhesives moisture resistance, is used in making corrugated boxes.
Ethylated starches are broadly used in a range of gypsum and ceiling tile, and
it also economical binders. Malto-dextrin and corn syrup are used in food and
beverage industries as additive and sweeteners. Extensive application of
industrial starches will support the growth of this market.
Regional
Analysis:
The Global
Industrial Starches Market is segmented into North America, Europe, Asia
Pacific and Rest of the World (RoW). Among this North America has the major
market share followed by APAC.
Market
Segmentation:
Global
industrial starches market is segmented by source, type, form, application and
region
Access
Report Details @ https://www.marketresearchfuture.com/reports/industrial-starches-market-2060
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