Bioplastics – A Global Market Overview

February 2025 | 298 pages | ID: B5995B98463EN
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Global Bioplastics Market Trends and Outlook

Bioplastic are biodegradable polymers that are made from renewable sources, such as cellulose, corn, sugarcane, potato, wheat, rice and vegetable oil, in contrast to conventional plastics, which are derived from fossil fuels, such as petroleum or natural gas. These polymers have the capacity to reduce carbon dioxide emissions by 30-70% and eventually help in cutting down the level of carbon footprint from the environment at least by 42%. As compared to the conventional plastics, Bioplastics need 65% less energy during production. There has also been a paradigm shift towards replacing conventional plastics with biomass-based plastics by manufacturers due to their immense potential of being used in various applications, including packaging, electronic components, textiles, furniture and automotive parts.

Biodegradable and Non-Biodegradable Bioplastics are two primary categories of Bioplastics. Biodegradable Bioplastics are those that can be broken down into water, carbon dioxide and biomass with the help of living organisms, such as microbes. Some of the common types include Polybutylene Adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polyhydroxyalkanoates (PHA), Polylactic Acid (PLA), Starch Blends and Other Biodegradable Bioplastics [Incl. Polycaprolactone (PCL) & Poly(lactide-co-glycolide) (PLGA)]. Non-Biodegradable Bioplastics are the ones derived from renewable sources, which are generally used in industrial applications, owing to their durability and strength rather than their biodegradability. Bio-Polyamides (Bio-PA), Bio-Polyethene (Bio-PE), Bio-Polyethylene Terephthalate (Bio-PET) and Other Non-Biodegradable Bioplastics [Incl. Bio-Polypropylene (Bio-PP); Bio-Polyethylene Furanoate (Bio-PEF)] are few examples of non-biodegradable plastics.

The global volume demand for Bioplastics is projected to reach 5.9 million tons by 2030 at a CAGR of 16.9% over 2024-2030. During the similar period, the value market for Bioplastics is likely to maintain a CAGR of 21% in standing at a projected US$44.3 billion by 2030 from an estimated US$14.1 billion in 2024 driven by increased awareness on environmental issues in order to mitigate carbon footprints, availability of sustainable options to conventional plastics, stringent rules and regulations implemented by governments for reducing plastic waste. Bioplastics forming lucrative substitutes for regular plastics due to fluctuating petroleum prices and high investments in research & development for developing versatile Bioplastics for wider applications. In addition, prohibition of single-use non-biodegradable plastics in developed and emerging economies, growing demand of Bioplastics in packaging industry and extensive use of biodegradable polymers in enhancing quality of soil are further factors that are propelling demand for them.

Bioplastics Regional Market Analysis

With regard to region, the global market for Bioplastics is led by Europe, the primary reasons for which include its dominance in consumption of the product, being a crucial hub for research & development, thriving automotive sector, growing demand for bio-based packaging materials from regional manufacturers and stringent environmental legislations, along with consumer concern for the environment. In addition, bioplastics are extensively used in various applications, including bottles, shopping bags, loose packaging and films for agricultural mulch. They are also widely accepted by both, consumers and end-use industries, such as packaging, textiles, consumer goods, automotive & transportation and healthcare. However, Asia-Pacific is expected to witness the fastest growth in demand for Bioplastics over the analysis period, owing to strict government regulations on curbing the use of plastic bags to facilitate to combat global warming, significant production capabilities, increasing demand due to growing population, inexpensive raw materials and labour and wider utilization among the major end-users, such as packaging, consumer goods, textiles, healthcare and automotive & transportation.

Bioplastics Market Analysis by Type

Among Biodegradable and Non-Biodegradable Bioplastics, the global demand for the former is anticipated to be the larger, owing to substantial demand from various end-users, such as textiles, packaging, consumer goods and agriculture & horticulture because of their versatility in terms of performance and sustainability. Increasing concerns about detrimental effects of plastic pollution on environment and human health and stringent regulations aimed at banning single-use plastics along with incentivizing investments in using biodegradable options would further stimulate the market. On the other hand, Non-Biodegradable Bioplastics also have significant use in automotive, food packaging and consumer goods industries. Their unmatched resilience, low production costs and wide range of uses, along with their natural resistance to deterioration, provide a long shelf life for products, making them essential in sectors, such as manufacturing and construction.

Bioplastics Market Analysis by Application

In terms of application, the global demand for Bioplastics is the largest for Packaging, due to their extensive use in the form of sheets & films to package a wide range of food & drink, household care and personal care products. The growing crisis with regard to disposal and management of plastic waste and consumer demands for eco-friendly packaging are compelling manufacturers to use Bioplastics as alternatives. However, the application of these materials in the Automotive & Transportation industry is anticipated to be the fastest growing, owing to their remarkable strength-to-weight ratio, durability, resistance to corrosion and self-heating qualities, enabling them to become more and more crucial for use in this sector. Reducing vehicular weight to enhance fuel efficiency, without compromising on performance, has for long been a priority issue for auto manufacturers, where Bioplastics are coming to their assistance. While the use of conventional plastics in automobiles for this purpose has been quite prevalent for some time now, the trend of shifting towards eco-friendlier Bioplastics has been catching on at a rapid pace and is likely to continue.

Bioplastics Market Report Scope

This global report on Bioplastics analyzes the global and regional markets based on type and application for the period 2021-2030 with projections from 2024 to 2030 in terms of volume in metric tons and value in US$. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.

Key Metrics

Historical Period: 2021-2023

Base Year: 2024

Forecast Period: 2024-2030

Units: Value market in US$

Companies Mentioned: 50+

Bioplastics Market by Geographic Region
  • North America (The United States, Canada and Mexico)
  • Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
  • South America (Argentina, Brazil and Rest of South America)
  • Middle East & Africa
Bioplastics Market by Type
  • Biodegradable
  • Polybutylene Adipate Terephthalate (PBAT)
  • Polybutylene Succinate (PBS)
  • Polyhydroxyalkanoates (PHA)
  • Polylactic Acid (PLA)
  • Starch Blends
  • Other Biodegradable Bioplastics [Incl. Polycaprolactone (PCL) & Poly(lactide-co-glycolide) (PLGA)]
  • Non-Biodegradable
  • Bio-Polyamides (Bio-PA)
  • Bio-Polyethene (Bio-PE)
  • Bio-Polyethylene Terephthalate (Bio-PET)
  • Other Non-Biodegradable Bioplastics [Incl. Bio-Polypropylene (Bio-PP) & Bio-Polyethylene Furanoate (Bio-PEF)]
Bioplastics Market by Application
  • Agriculture & Horticulture
  • Automotive & Transportation
  • Building & Construction
  • Consumer Goods
  • Electrical & Electronics
  • Packaging
  • Flexible Packaging
  • Rigid Packaging
  • Textiles
  • Other Applications (Incl. Adhesives & Coatings)
PART A: GLOBAL MARKET PERSPECTIVE

1. Introduction
Bioplastics Outline
Bioplastics Defined
Bioplastic Types
Biodegradable
Polybutylene Adipate Terephthalate (PBAT)
Polybutylene Succinate (PBS)
Polyhydroxyalkanoates (PHA)
Polylactic Acid (PLA)
Starch Blends
Other Biodegradable Bioplastics
Non-Biodegradable
Bio-Polyamides (Bio-PA)
Bio-Polyethene (Bio-PE)
Bio-Polyethylene Terephthalate (Bio-PET)
Other Non-Biodegradable Bioplastics
Bioplastics End-Use Applications
Agriculture & Horticulture
Automotive & Transportation
Building & Construction
Consumer Goods
Electrical & Electronics
Packaging
Flexible Packaging
Rigid Packaging
Textiles
Other Applications
2. Key Market Trends
3. Key Global Players
Advance Biomaterials P Ltd
An Phat Holdings
Arkema SA
Avantium NV
BASF SE
Bioapply Polymers SL
Biofase SA de CV
Biome Bioplastics Ltd
Biotec Biologische Naturverpackungen GmbH & Co
Braskem SA
Cardia Bioplastics
Cargill, Inc.
CJ CheilJedang Corp
Corbion NV
Danimer Scientific, Inc.
DSM NV
E. I. du Pont de Nemours and Company
Eastman Chemical Co
Evonik Industries AG
FKuR Kunststoff GmbH
Futamura Group
Futerro SA
Green Dot Bioplastics, Inc.
Indorama Ventures Public Co Ltd
Innovia Films Limited
Kaneka Corp
Kaneka Takasago Ltd
Kingfa Sci Co Ltd
Kuraray Co Ltd
LyondellBasell Industries Holdings BV
M&G Chemicals
Mitsubishi Chemical Corp
NatureWorks LLC
Novamont SpA
Plantic Technologies Ltd
Polymateria Limited
PTT Global Chemical Public Co Ltd
PTT MCC Biochem Co Ltd.
Rodenburg Biopolymers BV
Roquette Frres
RTP Co
SABIC
Showa Denko K.K.
Solvay SA
SUPLA (Jiangsu Supla Bioplastics Co Ltd)
Synbra Holding BV
Techno Polymer Co Ltd
Teijin Ltd
Teknor Apex
Toray Industries, Inc.
Total Corbion PLAIR
TotalEnergies Corbion PLA
Toyota Tsusho Corporation
Trifilon AB
Trinseo SA
Yield10 Bioscience (Metabolix)
4. Key Business & Product Trends
5. Global Market Overview
Global Bioplastics Market Overview by Type
Biodegradable
Polylactic Acid (PLA)
Polyhydroxyalkanoates (PHA)
Starch Blends
Poly(Butylene Adipate-Co-Terephthalate) (PBAT)
Polybutylene Succinate (PBS)
Other Biodegradable Bioplastics
Non-Biodegradable
Bio-Polyamides (Bio-PA)
Bio-Polyethene (Bio-PE)
Bio-Polyethylene Terephthalate (Bio-PET)
Other Non-Biodegradable Bioplastics
Global Bioplastics Market Overview by Applications
Agriculture & Horticulture
Automotive & Transportation
Building & Construction
Consumer Goods
Electrical & Electronics
Packaging
Flexible Packaging
Rigid Packaging
Textiles
Other Applications

PART B: REGIONAL MARKET PERSPECTIVE

Global Bioplastics Market Overview by Geographic Region
REGIONAL MARKET OVERVIEW
6. North America
North American Bioplastics Market Overview by Geographic Region
North American Bioplastics Market Overview by Type
North American Bioplastics Market Overview by Application
Country-wise Analysis of North American Bioplastics Market
The United States
United States Bioplastics Market Overview by Type
United States Bioplastics Market Overview by Application
Canada
Canadian Bioplastics Market Overview by Type
Canadian Bioplastics Market Overview by Application
Mexico
Mexican Bioplastics Market Overview by Type
Mexican Bioplastics Market Overview by Application
7. Europe
European Bioplastics Market Overview by Geographic Region
European Bioplastics Market Overview by Type
European Bioplastics Market Overview by Application
Country-wise Analysis of European Bioplastics Market
France
French Bioplastics Market Overview by Type
French Bioplastics Market Overview by Application
Germany
German Bioplastics Market Overview by Type
German Bioplastics Market Overview by Application
Italy
Italian Bioplastics Market Overview by Type
Italian Bioplastics Market Overview by Application
Russia
Russian Bioplastics Market Overview by Type
Russian Bioplastics Market Overview by Application
Spain
Spanish Bioplastics Market Overview by Type
Spanish Bioplastics Market Overview by Application
The United Kingdom
United Kingdom Bioplastics Market Overview by Type
United Kingdom Bioplastics Market Overview by Application
Rest of Europe
Rest of Europe Bioplastics Market Overview by Type
Rest of Europe Bioplastics Market Overview by Application
8. Asia-Pacific
Asia-Pacific Bioplastics Market Overview by Geographic Region
Asia-Pacific Bioplastics Market Overview by Type
Asia-Pacific Bioplastics Market Overview by Application
Country-wise Analysis of Asia-Pacific Bioplastics Market
China
Chinese Bioplastics Market Overview by Type
Chinese Bioplastics Market Overview by Application
India
Indian Bioplastics Market Overview by Type
Indian Bioplastics Market Overview by Application
Japan
Japanese Bioplastics Market Overview by Type
Japanese Bioplastics Market Overview by Application
South Korea
South Korean Bioplastics Market Overview by Type
South Korean Bioplastics Market Overview by Application
Rest of Asia-Pacific
Rest of Asia-Pacific Bioplastics Market Overview by Type
Rest of Asia-Pacific Bioplastics Market Overview by Application
9. South America
South American Bioplastics Market Overview by Geographic Region
South American Bioplastics Market Overview by Type
South American Bioplastics Market Overview by Application
Country-wise Analysis of South American Bioplastics Market
Argentina
Argentine Bioplastics Market Overview by Type
Argentine Bioplastics Market Overview by Application
Brazil
Brazilian Bioplastics Market Overview by Type
Brazilian Bioplastics Market Overview by Application
Rest of South America
Rest of South American Bioplastics Market Overview by Type
Rest of South American Bioplastics Market Overview by Application
10. Middle East & Africa
Middle East & Africa Bioplastics Market Overview by Type
Middle East & Africa Bioplastics Market Overview by Application

PART C: GUIDE TO THE INDUSTRY

PART D: ANNEXURE

1. RESEARCH METHODOLOGY
2. FEEDBACK


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