The global amphoteric starch market size is expected to gain momentum owing to the rising demand in the paper manufacturing industry during the projected period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Amphoteric Starch Market, 2022-2029.” When a chemical is dissolved in solution, it has both negative and positive ion groups, which is known as amphoteric. It is a modified starch which appears as a white powder. It also has improved dry strength qualities and improved drainage, which results in superior sheet formation, fines and filler retention, and print quality.
COVID-19 Impact-
Supply Chain Disruption to Hamper Growth
The COVID-19 outbreak has impacted demand for starch globally. The purchase and usage in the textile sector has changed considerably, and revenues have fallen. During the pandemic, consumers increased their exposure to cleaning products by cleaning more and spending more time in their homes and the need for amphoteric starch increased.
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Segments-
By raw material, the market is segmented into waxy maize, cassava starch, and others. On the basis of application, the market is segregated into paper manufacturing, textile industry, and others. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
What does the Report Offer?
The report includes detailed information on developing trends, market drivers, development opportunities, and market restraints that may affect the industry’s market conditions. It consists of new product development and market innovation.
Drivers & Restraints-
Increasing Demand in Paper Manufacturing to Stimulate Growth
The global amphoteric starch market growth is expected to grow due to the rising demand in paper manufacturing during the projected period. It is utilised to get effective results by maintaining a clean and ionically balanced atmosphere. It’s used as a size-press, wet-end paper making ingredient that helps with drainage, retention, and strength. In ore recovery activities, it’s also employed as a drilling fluid addition, a ceiling tile additive, an agent, and a viscosity modifier. Therefore, market expansion will be fuelled by increased demand for the product in the paper industry.
REGIONAL INSIGHTS
Increasing Sales and Production to Promote Growth in Asia Pacific
Asia Pacific is expected to hold the largest global amphoteric starch market share during the forecast period. This is due to the rising adoption of waxy maize for the production of amphoteric starch.
North America is expected to have a sizable share of the market. The growing consumption of amphoteric starch in paper manufacture in countries such as the United States and Canada will fuel market expansion.
Competitive Landscape-
Increasing Number of Mergers to Create Opportunities for Market Growth
Due to the existence of multiple companies, the market is extremely fragmented. Expansions, product innovations, and partnerships are the main strategies used by firms in the market. Product innovation accounts for the majority of the key players’ strategy.
Industry Development-
- January 2021: The Solvay Group announced that it has agreed to sell its amphoteric surfactant business in North America and Europe to OpenGate Capital, a Los Angeles-based private equity group.
List of Key Players Profiled in the Global Market for Amphoteric Starch:
- JAY SARDAR STARCH AND GUM PRODUCTS
- ADM
- ALLWYN CHEM INDUSTRIES
- Roquette Freres
- Saurashtra Specialties
- Universal Starch Chem
- FuWang Starch
- CCM
- Tate & Lyle
- Shubham Starch Chem
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