Global Thermoplastic Starch (TPS) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Manufacturing Type, the thermoplastic starch market is categorized into starch-based and blended TPS. Starch-based TPS is derived primarily from renewable plant sources such as corn and potatoes, making it an eco-friendly alternative to petroleum-based plastics. This type of TPS is gaining popularity in industries focused on reducing their environmental impact. Blended TPS, on the other hand, is created by combining starch with other biodegradable polymers or additives to enhance its properties, such as water resistance and strength. This type of TPS is used in more demanding applications, where enhanced performance is required. The development of advanced manufacturing techniques and new starch formulations continues to drive the growth of both types of TPS, offering versatility across various industries.

By Application, the global thermoplastic starch market is segmented into several key industries, including packaging, automotive, agriculture, and others. The packaging sector is a major driver for TPS demand, as the material is used in the production of biodegradable films, containers, and packaging materials. As sustainability becomes a top priority, industries are increasingly adopting TPS-based solutions to reduce their plastic waste. In the automotive sector, TPS is used for manufacturing interior components and parts, offering a lightweight and eco-friendly alternative to traditional materials. In agriculture, TPS is used in producing biodegradable mulch films and other products designed to reduce environmental impact. Other applications of TPS include textiles, consumer goods, and medical products, with continuous innovation driving new uses for this sustainable material.

By Geography, the thermoplastic starch market is segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and Latin America. North America and Europe are leading regions in the adoption of thermoplastic starch, driven by strong environmental regulations and a growing focus on sustainability. In these regions, TPS is increasingly used in packaging, automotive, and agricultural applications, as companies strive to meet environmental standards and consumer demand for eco-friendly products. Asia Pacific is expected to witness significant growth, particularly in the packaging and agriculture sectors, with countries like China and India investing in biodegradable material solutions. The Middle East and Africa, though smaller markets, are emerging as key regions for TPS adoption, particularly in agriculture and packaging, as the demand for sustainable materials continues to rise. Latin America also presents opportunities for market growth, particularly in the agricultural sector, where TPS is used in biodegradable films and products.

Global Thermoplastic Starch (TPS) Segment Analysis

In this report, the Global Thermoplastic Starch (TPS) Market has been segmented by Manufacturing Type, Application, and Geography.

Global Thermoplastic Starch (TPS) Market, Segmentation by Manufacturing Type

The Global Thermoplastic Starch (TPS) Market has been segmented by Manufacturing Type into Extrusion Molding and Injection Molding.

Extrusion molding is a widely used technique for processing thermoplastic starch, where the material is heated and forced through a mold to create continuous shapes such as films, sheets, and profiles. This process allows for the mass production of TPS products with consistent dimensions, making it ideal for applications in packaging, agriculture, and consumer goods. Extrusion molding offers several advantages, including high production speed, low production costs, and the ability to produce a wide range of shapes and sizes. The flexibility and scalability of extrusion molding make it the preferred method for TPS-based packaging materials, including biodegradable films and containers, as well as agricultural mulch films. The demand for sustainable packaging solutions is a key driver for the growth of extrusion molding in the TPS market.

Injection molding, on the other hand, is a process where thermoplastic starch is melted and injected into molds to form complex shapes, such as automotive parts, containers, and consumer goods. This method is particularly effective for producing small to medium-sized parts with high precision and intricate designs. Injection molding offers greater versatility in terms of product design and material properties, making it suitable for a wide array of applications, including automotive interior components and specialized industrial products. Although the initial setup cost for injection molding can be higher compared to extrusion, its ability to produce detailed and customized products makes it a valuable method for manufacturers looking to create high-performance TPS products. The growing use of TPS in the automotive and industrial sectors is expected to boost the demand for injection molding techniques in the coming years.

Global Thermoplastic Starch (TPS) Market, Segmentation by Application

The Global Thermoplastic Starch (TPS) Market has been segmented by Application into Bags, Films, 3D Print and Others.

Bags made from thermoplastic starch are increasingly popular as a sustainable alternative to plastic bags, especially in the packaging industry. These TPS-based bags are biodegradable, reducing the environmental impact of single-use plastics. They are commonly used for shopping, food packaging, and waste collection. The demand for biodegradable and compostable bags has been rising globally, driven by increasing consumer awareness and stringent environmental regulations aimed at reducing plastic waste. As many countries impose bans or restrictions on plastic bags, the adoption of TPS-based bags is expected to continue growing, providing an eco-friendly solution that aligns with sustainability goals.

Films produced from thermoplastic starch are another significant application in the market. TPS films are used for packaging products like food, consumer goods, and medical supplies. They offer the benefit of biodegradability, which helps mitigate plastic pollution. TPS films can be used in flexible packaging, which is highly preferred due to its lightweight nature and cost-effectiveness. Additionally, advancements in TPS processing technologies have enhanced the performance of these films, such as improving their moisture resistance and durability, making them suitable for a wider range of applications. The growing demand for sustainable packaging solutions in both developed and emerging markets is a key driver for the expansion of TPS film applications.

3D printing is an emerging application for thermoplastic starch, where the material is used to create biodegradable 3D printed objects. TPS offers several advantages in 3D printing, such as biodegradability and the ability to create complex structures with minimal waste. The material is particularly attractive for industries focused on producing sustainable, customized, and environmentally friendly products. With the rise of the maker movement and increasing use of 3D printing in sectors like automotive, healthcare, and consumer goods, TPS is becoming an essential material for creating eco-conscious 3D printed items. The versatility and low environmental impact of TPS-based 3D printing filaments are expected to drive growth in this application area.

Global Thermoplastic Starch (TPS) Market, Segmentation by Geography

In this report, the Global Thermoplastic Starch (TPS) Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Thermoplastic Starch (TPS) Market Share (%), by Geographical Region, 2024

North America is one of the leading regions in the adoption of thermoplastic starch due to the strong emphasis on sustainability and environmental concerns. Governments in countries like the United States and Canada have implemented stringent regulations aimed at reducing plastic waste, driving the demand for biodegradable materials like TPS. The packaging industry, particularly in the U.S., has been a major adopter of TPS-based products such as biodegradable films and bags. Additionally, sectors like automotive and agriculture are increasingly incorporating TPS into their manufacturing processes, further contributing to the growth of the market. The presence of key players in the bioplastics industry and the increasing investment in sustainable technologies are expected to fuel continued market expansion in North America throughout the forecast period.

Europe is another significant market for thermoplastic starch, with countries like Germany, France, and the United Kingdom leading the way in adopting eco-friendly alternatives to traditional plastics. Europe has been at the forefront of promoting sustainability, with the European Union enacting several policies to encourage the use of biodegradable materials and reduce plastic consumption. TPS is widely used in the packaging, automotive, and agricultural sectors, with a growing focus on replacing conventional plastic products with biodegradable options. The region’s strong industrial base and commitment to environmental sustainability make it a key contributor to the global TPS market, and the demand for TPS is expected to continue to rise as regulations and consumer preferences evolve.

Asia Pacific is projected to be the fastest-growing region in the thermoplastic starch market during the forecast period. Countries like China and India, which have large agricultural sectors and rapidly expanding manufacturing industries, are increasingly turning to sustainable materials like TPS to meet both environmental goals and market demand. The packaging industry in Asia Pacific is witnessing a growing shift toward eco-friendly materials, and TPS is gaining traction as an alternative to plastic in food packaging and other products. Additionally, as governments in the region begin to implement stricter environmental regulations, the demand for biodegradable solutions is expected to grow significantly. The growing middle class and changing consumer preferences in emerging economies are also contributing to the region’s rapid adoption of TPS-based products.

Middle East and Africa is a smaller market for thermoplastic starch, but it is gradually gaining momentum as industries in the region recognize the benefits of biodegradable materials. The agriculture sector in countries like Saudi Arabia and South Africa is beginning to adopt TPS for applications such as mulch films and other biodegradable products, driven by sustainability efforts and the need for environmentally friendly alternatives in arid regions. Similarly, the packaging industry is seeing increasing interest in TPS as an alternative to plastic products. As more businesses in the Middle East and Africa adopt sustainable practices, the demand for TPS is expected to grow in the coming years.

Latin America is another emerging market for thermoplastic starch, particularly in countries like Brazil and Argentina, where there is a strong agricultural presence. TPS is being utilized in the production of biodegradable agricultural films, a growing segment due to the demand for sustainable farming solutions. The packaging sector is also beginning to embrace TPS as a more eco-friendly alternative to traditional plastics. As consumer awareness about sustainability rises and environmental regulations tighten, the market for TPS in Latin America is expected to expand, contributing to the region’s overall growth in the bioplastics sector.

This report provides an in depth analysis of various factors that impact the dynamics of Global Thermoplastic Starch (TPS) Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Growing demand for biodegradable and eco-friendly materials
• Increasing adoption in packaging and agricultural sectors

• Rising consumer preference for sustainable products - The rising consumer preference for sustainable products is one of the key drivers fueling the growth of the global thermoplastic starch (TPS) market. As consumers become more aware of the environmental impact of their purchasing decisions, there is a noticeable shift towards products that are biodegradable, recyclable, and made from renewable resources. TPS, being a biodegradable and eco-friendly alternative to traditional plastics, aligns perfectly with these growing consumer demands. This shift towards sustainability is prompting manufacturers to explore more sustainable materials, with TPS gaining popularity as an attractive option in sectors like packaging, food, and agriculture.

  In particular, the demand for sustainable packaging solutions is driving the adoption of TPS in the packaging industry. Consumers are increasingly avoiding plastic packaging due to its long environmental lifespan, and as a result, companies are seeking alternative materials that have a lower environmental impact. TPS provides an excellent solution because it is derived from natural, renewable resources like starch and can be composted or degraded in a relatively short time. As a result, businesses that focus on sustainability are increasingly turning to TPS as a key material in their product lines to meet consumer expectations for environmentally friendly solutions.

  This growing consumer preference for sustainability is not limited to the packaging sector. Industries such as textiles, agriculture, and even automotive are exploring TPS applications to reduce their environmental footprint. The versatility and renewability of TPS make it an attractive material for products ranging from biodegradable mulch films in agriculture to sustainable components in the automotive industry. As consumer awareness of sustainability issues continues to rise, the demand for TPS is expected to grow, offering a promising opportunity for industries to align with eco-conscious trends and regulations.

Restraints

• Limited mechanical strength compared to synthetic polymers
• High production costs

• Sensitivity to moisture and environmental conditions - One of the key challenges associated with thermoplastic starch (TPS) is its sensitivity to moisture and environmental conditions. Since TPS is derived from natural starch, it is inherently hydrophilic, meaning it absorbs moisture from the environment. This can significantly impact its mechanical properties, leading to a reduction in strength, flexibility, and overall durability. When exposed to high humidity or wet conditions, TPS can lose its structural integrity, making it less suitable for applications where moisture resistance is critical. This limitation restricts its use in certain environments, particularly in packaging or construction materials where exposure to water is frequent.

  The sensitivity of TPS to environmental conditions also affects its performance in outdoor applications. As TPS is biodegradable, it may degrade more rapidly when exposed to harsh weather conditions, such as rain or extreme temperatures, which could limit its lifespan. For example, in agricultural applications, biodegradable mulch films made from TPS might break down too quickly under prolonged exposure to moisture or UV radiation, reducing their effectiveness. As a result, industries relying on TPS must carefully manage environmental exposure and design products with protective coatings or additives to improve their moisture resistance.

  Despite these challenges, ongoing research is focused on enhancing the performance of TPS through various modification techniques. One such approach is the incorporation of plasticizers, crosslinkers, or other additives that can improve the material's water resistance and environmental stability. These innovations aim to expand the range of TPS applications, making it more adaptable to diverse conditions. As these technological advancements continue, it is likely that the sensitivity of TPS to moisture and environmental factors will decrease, enabling broader adoption in industries requiring higher durability and performance.

Opportunities

• Expansion in bioplastics and green packaging applications
• Technological advancements in starch modification

• Increasing demand in the automotive and textiles industries - The increasing demand for thermoplastic starch (TPS) in the automotive and textiles industries is driven by the growing focus on sustainability and the need for eco-friendly materials. In the automotive sector, there is a strong push toward lightweight and renewable materials to reduce carbon emissions and improve fuel efficiency. TPS, with its biodegradable and renewable properties, is an attractive option for various automotive applications, such as interior components, dashboards, and upholstery. By incorporating TPS into vehicle parts, manufacturers can reduce their reliance on traditional plastics and metals, contributing to a more sustainable and environmentally friendly automotive industry.

  The textiles industry is experiencing a shift toward sustainable production methods, with an emphasis on reducing the environmental impact of clothing and fabrics. TPS is gaining traction in textiles as a biodegradable alternative to conventional synthetic fibers, offering a more eco-friendly option for fashion and home textiles. It is being used in the production of nonwoven fabrics, coatings, and finishes, where its biodegradability makes it a preferable choice for consumers and manufacturers aiming to reduce waste. As consumer awareness of sustainability in fashion continues to rise, TPS provides a viable solution for companies seeking to meet the demand for environmentally responsible products.

  Both the automotive and textiles industries are increasingly recognizing the benefits of TPS, not only for its sustainability but also for its performance characteristics, such as flexibility, lightweight nature, and ease of processing. This has led to a growing interest in incorporating TPS into a variety of products, from automotive interior parts to clothing and accessories. As technological advancements continue to improve the material's properties, such as enhancing its durability and moisture resistance, the adoption of TPS in these industries is expected to increase, driving the growth of the global TPS market.

Key players in Global Thermoplastic Starch (TPS) Market include :

• Agrana Beteiligungs AG
• Biome Bioplastics Limited
• BIOTEC
• Cardia Bioplastics
• Kuraray Co. Ltd
• Novamont SpA
• Rodenburg Biopolymers
• Wittenburg Group

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis