Bioplastics & Biopolymers Companies

The bioplastics & biopolymers market is projected to reach USD 45.04 billion by 2030 from USD 17.58 billion in 2025, at a CAGR of 20.07% during the forecast period. Market growth is driven by increasing environmental concerns and the global effort to cut dependence on fossil fuels. Growing government regulations and policies supporting sustainable materials, along with bans on single-use plastics in many regions, are speeding up adoption. Consumer demand for eco-friendly products, along with rising awareness of plastic pollution and the need to reduce carbon footprints, is further boosting market growth. Advances in technology and improvements in the performance and cost-effectiveness of bioplastics are also making them more practical for use in packaging, automotive, agriculture, and consumer goods industries. Additionally, major brands and manufacturers are incorporating biobased materials into their sustainability strategies, creating significant growth opportunities.

Bioplastics & Biopolymers Market Companies

The bioplastics & biopolymers market is dominated by key manufacturers including NatureWorks LLC (US), Braskem (Brazil), BASF SE (Germany), TotalEnergies Corbion (Netherlands), Versalis S.P.A (Italy), Biome Bioplastics Limited (UK), Mitsubishi Chemical Group Corporation (Japan), Biotec Biologische Naturverpackungen GmbH & Co. (Germany), Plantic Technologies Limited (Australia), and Toray Industries, Inc. (Japan), among others. These players have followed many product launches, deals, and expansions from January 2020 to August 2025 to expand the market share and global reach.

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• In February 2025, Natureworks launched Ingeo 3D300, the newest specially designed 3D printing grade. It is specifically designed for faster printing without compromising quality.
• In November 2023, Braskem partnered with Oxiteno, one of the world's leading petrochemical producers. Through this partnership, the company provided sustainable solutions in the petrochemical sector and strengthened its geographical presence.

NatureWorks LLC (US) is a leading global supplier and innovator of biopolymers. Cargill and PTT Global Chemical jointly own it. The company manufactures biopolymers from renewable resources such as corn, starch, and vegetable oils. Its product line includes thermoplastic resins, paper coating products, biopolymers, films, and more. It offers biopolymers made from renewable, abundant feedstocks that deliver performance and cost competitiveness with oil-based intermediates, plastics, and fibers. The company serves industries including beauty and household, building and construction, food service ware, electronics and appliances, food and beverage, landscape and agriculture, medical, and hygiene plants.

Braskem (Brazil) is the largest producer of thermoplastic resins in the Americas and the leading manufacturer of polypropylene in the US. It is a pioneer in the industrial-scale production of biopolymers. Braskem has a diverse portfolio of petrochemicals and thermoplastics, including polyethylene, green polyethylene (biopolymer), polypropylene, and PVC. The company supplies products to agriculture, automotive, civil construction, aerospace, electrical and electronics, textiles, cosmetics, healthcare, and packaging sectors. It has an annual production capacity of 12 million tons of chemicals and 9.3 million tons of thermoplastic resins. The company serves clients in more than 70 countries. It operates in South America, North America, and Europe. Braskem manages 40 industrial facilities, 29 of which are in Brazil—located in the states of Alagoas, Bahia, Rio de Janeiro, Rio Grande do Sul, and São Paulo—along with four in Mexico, five in the US, and two in Germany. It also manages seven innovation centers, including three in Brazil, one in Mexico, two in the US, and one in Germany.

Market Ranking

The bioplastics & biopolymers market is highly competitive, with the main players collectively holding 30.0–35.0% of the total market share. NatureWorks, Braskem, BASF SE, TotalEnergies, Corbion, and Versalis hold significant market shares. These companies play a crucial role in supplying advanced bioplastics & biopolymers for various industrial applications. Their expertise in designing bioplastics & biopolymers has positioned them as key contributors to market growth.

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Bioplastics & Biopolymers Market by Product Type (Biodegradable, Non-biodegradable), End-use Industry (Packaging, Automotive, Textile, Consumer Goods, Agriculture), Raw Material (Sugarcane, Wheat, Corn Starch), & Region - Global Forecast to 2030