Report Code : CVMI2412317 | Published Date : March 3, 2025
The global bioplastics market was valued at USD 10.2 billion in 2023 and is projected to reach USD 27.3 billion by 2031, growing at a CAGR of 13.1% (ClearView Market Insights, 2024). Stringent plastic bans, corporate sustainability commitments, and advancements in material performance are driving this growth.
2024 Material Innovations
1. Next-Gen Biopolymers
- PHA Marine Degradables: RWDC's Solon™ achieves 180-day seawater decomposition (OECD 306 certified)
- High-Temp PLA: Futerro's HeatRes 120 withstands 120°C for hot-fill applications
- Flexible PBS: Mitsubishi's BioPBS™ FZ91 matches LDPE elasticity
2. Production Breakthroughs
- Waste-to-Bioplastic: UBQ Materials converts 100% municipal waste into thermoplastic
- CO2 Utilization: LanzaTech's CarbonSmart™ polymers use industrial emissions
- Enzymatic Polymerization: Carbios' C-ZYME™ cuts production energy by 40%
3. Functional Enhancements
- Barrier Properties: BASF's ecovio® PS1606 extends food shelf life by 30%
- Printability: TotalEnergies' RE:new™ enables high-resolution flexographic printing
- Tensile Strength: NatureWorks' Ingeo™ 3D850 achieves 65 MPa (comparable to ABS)
Market Segmentation
Material Type |
2024 Share |
2031 Projection |
Key Applications |
PLA |
38% |
42% |
Packaging, 3D Printing |
PHA |
12% |
25% |
Marine, Medical |
Starch Blends |
XX% |
XX% |
Disposables, Agriculture |
Bio-PET |
XX% |
XX% |
Bottles, Textiles |
Others |
XX% |
XX% |
Automotive, Electronics |
Competitive Landscape
Company |
Market Share |
Flagship Product |
Certifications |
NatureWorks |
28% |
Ingeo™ |
OK Compost INDUSTRIAL |
BASF |
XX% |
ecovio® |
Marine Degradable |
TotalEnergies |
XX% |
RE:new™ |
Home Compostable |
Mitsubishi Chemical |
XX% |
BioPBS™ |
FDA Food Contact |
Emerging Innovators:
- Notpla: Seaweed-based packaging (Ooho edible water pods)
- Xampla: Plant protein films (replacing PET coatings)
- Shellworks: Crustacean shell biopolymers
Regional Analysis
- Europe (45% share): PPWR regulations driving adoption
- North America (XX% share): California's SB-54 mandating 65% plastic reduction
- Asia-Pacific (XX% share): Thailand's BIO-CIRCULAR-GREEN economy initiative
Reasons To Buy

Scope

Key Players
- Bioplastics Market – NatureWorks
- BASF SE
- Mitsubishi Chemical
- Corbion
- Novamont
- Biome Bioplastics
- TotalEnergies Corbion
- Danimer Scientific
- Plantic Technologies
- Eastman Chemical.
Global Bioplastics Market Report
Global Bioplastics Market Report
- 1. Global Bioplastics Market Research Report
- 1.1 Study Objectives
- 1.2 Global Bioplastics Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Bioplastics Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Application
- 2.1.3 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Application, By Country
- 3.3. Opportunities – By Type, By Application, By Country
- 3.4. Trends – By Type, By Application, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Bioplastics Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Biodegradable Plastics
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Non-biodegradable Plastics
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Packaging
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Agriculture
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Automotive
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.4 Consumer Goods
- 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.5 Others.
- 6.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 North America
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Europe
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Asia-Pacific
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.4 Latin America
- 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.5 Middle East & Africa
- 7.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.6 Global Bioplastics Market - Opportunity Analysis Index, By Type, By Application, and Region, 2024 - 2031
- 8.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 8.1.1 Biodegradable Plastics
- 8.1.2 Non-biodegradable Plastics
- 8.2.1 Packaging
- 8.2.2 Agriculture
- 8.2.3 Automotive
- 8.2.4 Consumer Goods
- 8.2.5 Others.
- 8.3.1 United States
- 8.3.2 Canada
8.5 Regional Trends Analysis
8.6 North America Global Bioplastics Market Research Report - Company Profiles- 8.6.1 Company 1 (United States)
- 8.6.2 Company 2 (Canada)
- 8.6.3 Company 3 (Canada)
- 9.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 9.1.1 Biodegradable Plastics
- 9.1.2 Non-biodegradable Plastics
- 9.2.1 Packaging
- 9.2.2 Agriculture
- 9.2.3 Automotive
- 9.2.4 Consumer Goods
- 9.2.5 Others.
- 9.3.1 Germany
- 9.3.2 United Kingdom
- 9.3.3 France
- 9.3.4 Spain
- 9.3.5 Italy
- 9.3.6 Russia
- 9.3.7 Netherlands
- 9.3.8 Poland
- 9.3.9 Rest of Europe
9.5 Regional Trends Analysis
9.6 Europe Global Bioplastics Market Research Report - Company Profiles- 9.6.1 Company 1 (Germany)
- 9.6.2 Company 2 (United Kingdom)
- 9.6.3 Company 3 (United Kingdom)
- 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 10.1.1 Biodegradable Plastics
- 10.1.2 Non-biodegradable Plastics
- 10.2.1 Packaging
- 10.2.2 Agriculture
- 10.2.3 Automotive
- 10.2.4 Consumer Goods
- 10.2.5 Others.
- 10.3.1 China
- 10.3.2 Japan
- 10.3.3 India
- 10.3.4 South Korea
- 10.3.5 Australia & NZ
- 10.3.6 ASEAN
- 10.3.7 Rest of Asia-Pacific
10.5 Regional Trends Analysis
10.6 Asia-Pacific Global Bioplastics Market Research Report - Company Profiles- 10.6.1 Company 1 (China)
- 10.6.2 Company 2 (Japan)
- 10.6.3 Company 3 (Japan)
- 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Biodegradable Plastics
- 11.1.2 Non-biodegradable Plastics
- 11.2.1 Packaging
- 11.2.2 Agriculture
- 11.2.3 Automotive
- 11.2.4 Consumer Goods
- 11.2.5 Others.
- 11.3.1 Brazil
- 11.3.2 Mexico
- 11.3.3 Argentina
- 11.3.4 Peru
- 11.3.5 Colombia
- 11.3.6 Rest of Latin America
11.5 Regional Trends Analysis
11.6 Latin America Global Bioplastics Market Research Report - Company Profiles- 11.6.1 Company 1 (Brazil)
- 11.6.2 Company 2 (Mexico)
- 11.6.3 Company 3 (Mexico)
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Biodegradable Plastics
- 12.1.2 Non-biodegradable Plastics
- 12.2.1 Packaging
- 12.2.2 Agriculture
- 12.2.3 Automotive
- 12.2.4 Consumer Goods
- 12.2.5 Others.
- 12.3.1 Saudi Arabia
- 12.3.2 UAE
- 12.3.3 South Africa
- 12.3.4 Egypt
- 12.3.5 Israel
- 12.3.6 Rest of Middle East and Africa
12.5 Regional Trends Analysis
12.6 Middle East & Africa Global Bioplastics Market Research Report - Company Profiles- 12.6.1 Company 1 (Saudi Arabia)
- 12.6.2 Company 2 (UAE)
- 12.6.3 Company 3 (UAE)
- 13.1 Strategic Dashboard of Top Market Players
13.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 13.2.1 Bioplastics Market – NatureWorks
- 13.2.2 BASF SE
- 13.2.3 Mitsubishi Chemical
- 13.2.4 Corbion
- 13.2.5 Novamont
- 13.2.6 Biome Bioplastics
- 13.2.7 TotalEnergies Corbion
- 13.2.8 Danimer Scientific
- 13.2.9 Plantic Technologies
- 13.2.10 Eastman Chemical.
15. Principal Presumptions and Acronyms