The Global Bioplastic Composites Market was valued at US$ 23,740 million in 2022 and is projected to reach US$ 36,000 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2024–2029). This growth is being driven by increasing environmental regulations, rising consumer demand for eco-friendly products, and the accelerating adoption of biodegradable composite materials across packaging, automotive, construction, and consumer goods sectors.
As global industries transform toward low-carbon operations and circular economy principles, the spotlight is on the key material innovators who are driving sustainable product development and environmentally responsible manufacturing. In this blog, we profile the Top 10 Companies in the Bioplastic Composites Industry—a mix of chemical giants, specialty material producers, and sustainability pioneers shaping the future of green materials.
🔟 1. Arkema
Headquarters: Colombes, France
Key Offering: Biobased polyamides, specialty composites
Arkema is a global leader in specialty materials and innovative bioplastic composites. The company’s high-performance biobased polyamides, including the Rilsan® range, are derived from castor oil and offer exceptional mechanical properties, thermal stability, and environmental sustainability characteristics.
Sustainability Initiatives:
- Advanced bio-circular materials development
- Castor oil-based polymer technology leadership
- Committed to carbon neutrality by 2050 with 65% reduction target by 2030
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Bioplastic Composites Market – View in Detailed Research Report
9️⃣ 2. BASF
Headquarters: Ludwigshafen, Germany
Key Offering: Biodegradable composites, bio-PBS, ecovio®
BASF develops bioplastic composites that combine biobased content with advanced performance characteristics. Their ecovio® portfolio includes certified compostable bioplastics used in packaging, agricultural films, and consumer goods applications globally.
Sustainability Initiatives:
- Mass balance approach for biobased products
- Circular economy solutions and end-of-life management
8️⃣ 3. Mitsubishi Plastics
Headquarters: Tokyo, Japan
Key Offering: BIOFRONT®, plant-based composites
Mitsubishi Plastics (now Mitsubishi Chemical Corporation) specializes in high-performance bioplastic composites, particularly their BIOFRONT® material which offers heat resistance comparable to petroleum-based engineering plastics.
Sustainability Initiatives:
- Advanced bioplastic technology development
- Global partnerships for sustainable material solutions
7️⃣ 4. Toray Industries
Headquarters: Tokyo, Japan
Key Offering: Biodegradable polymers, green composites
Toray develops bioplastic composite materials that balance performance with environmental benefits. Their biomaterial portfolio includes PLA-based composites engineered for automotive, electronics, and packaging applications.
Sustainability Initiatives:
- Carbon fiber reinforced bioplastics development
- Sustainable material solutions for mobility and industrial applications
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Bioplastic Composites Market – View in Detailed Research Report
6️⃣ 5. Huntsman
Headquarters: The Woodlands, Texas, USA
Key Offering: Bio-based polyurethanes, composite systems
Huntsman’s advanced materials division develops biobased polyurethane systems and composite materials derived from renewable resources including soy, castor oil, and sugar cane.
Sustainability Initiatives:
- Renewable raw material integration
- Sustainable chemistry solutions across value chains
5️⃣ 6. Solvay
Headquarters: Brussels, Belgium
Key Offering: Biobased engineering polymers, high-performance composites
Solvay produces specialty bioplastic composites engineered for demanding applications in automotive, aerospace, and consumer electronics sectors.
Sustainability Initiatives:
- Green chemistry and circular economy focus
- Biobased polyamide and polymer development
4️⃣ 7. NatureWorks
Headquarters: Minnetonka, Minnesota, USA
Key Offering: Ingeo™ biopolymers, PLA composites
NatureWorks is a leading innovator in bioplastics manufacturing, producing Ingeo™ polylactic acid (PLA) biopolymers from renewable plant resources.
Sustainability Initiatives:
- Renewable resource-based polymer production
- Industrial-scale bioplastic manufacturing capacity
3️⃣ 8. Corbion
Headquarters: Amsterdam, Netherlands
Key Offering: PLA biopolymers, high-performance compounds
NatureWorks is a leading innovator in bioplastics manufacturing, producing Ingeo™ polylactic acid (PLA) biopolymers from renewable plant resources.
Sustainability Initiatives:
- Food chain integration with sustainable materials
- Biobased polymer technology and application development
2️⃣ 9. DowDuPont
Headquarters: Midland, Michigan, USA
Key Offering: Biobased packaging materials, composites
This company develops innovative bioplastic composite solutions for packaging, automotive, and consumer goods applications, leveraging extensive research capabilities.
Sustainability Initiatives:
- Advanced bio-material research and development
- Sustainable product portfolio expansion and innovation
1️⃣ 10. Braskem
Headquarters: São Paulo, Brazil
Key Offering: Green polyethylene, renewable composites
Braskem is the largest biopolymer producer in the Americas, manufacturing green polyethylene from sugarcane ethanol.
Sustainability Initiatives:
- Sugar cane-based polymer production leadership
- Renewable resource integration in plastics value chain
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Bioplastic Composites Market – View in Detailed Research Report
🌍 Outlook: The Future of Bioplastic Composites Is Sustainable and Innovative
The bioplastic composites market is undergoing a significant transformation. While traditional petroleum-based plastics still dominate in volume, the industry is rapidly advancing toward biodegradable alternatives, composite technologies, and circular economy networks.
📈 Key Trends Shaping the Market:
- Accelerated bioplastics adoption in packaging and automotive sectors
- Stringent environmental regulations driving material innovation
- Consumer preference shift toward eco-friendly products
- Green supply chain integration and sustainable manufacturing practices
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Bioplastic Composites Market – View in Detailed Research Report
The companies listed above are not only supplying sustainable materials—they’re pioneering the green materials revolution across global industries.
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