The Global Biodegradable Plastics and Polymers Market was valued at USD 7.9 Billion in 2024 and is projected to reach USD 16.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period (2024–2030). This robust growth is fueled by stringent global regulations on single-use plastics, rising consumer demand for sustainable packaging, and significant advancements in bio-based material technologies across diverse industries.

As the world intensifies its fight against plastic pollution, the focus shifts to the key material innovators who are developing viable, eco-friendly alternatives. In this blog, we profile the Top 10 Companies in the Biodegradable Plastics and Polymers Industry—a group of chemical giants, specialized bioplastics producers, and R&D pioneers shaping the circular economy for plastics.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio®, Ecovio F Blend, certified compostable polymers

BASF is a global leader in the chemical industry and a major force in biodegradable plastics. Its ecovio® product line is a high-quality, biodegradable and compostable polymer used extensively in organic waste bags, compostable packaging films, and agricultural mulch films.

Sustainability Initiatives:

• Global production of certified compostable polymers

• Strong focus on R&D for new biodegradable polymer applications

• Commitment to a circular economy through product design and recycling partnerships

Download FREE Sample Report: Biodegradable Plastics and Polymers Market – View in Detailed Research Report

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9️⃣ 2. NatureWorks LLC

Headquarters: Plymouth, Minnesota, USA
Key Offering: Ingeo™ PLA (Polylactic Acid) biopolymers

NatureWorks is one of the world’s leading producers of biopolymers, specifically its flagship Ingeo™ PLA, which is made from renewable resources like corn sugar. Ingeo is used in a wide array of applications, from food service ware and coffee capsules to fibers for textiles and hygiene products.

Sustainability Initiatives:

• Pioneering large-scale commercial production of PLA bioplastics

• Developing advanced recycling and composting pathways for PLA

• Investing in next-generation feedstocks to reduce environmental footprint

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8️⃣ 3. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi®, Origo-Bi®, bio-based and compostable polymers

Novamont is an Italian pioneer in the bioplastics sector, renowned for its Mater-Bi® family of biodegradable and compostable bioplastics. The company operates with an integrated biorefinery model, creating products for carrier bags, food service, agriculture, and hygiene.

Sustainability Initiatives:

• Integrated biorefinery model for local sourcing and production

• Strong advocacy for separate organic waste collection linked to compostable products

• Focus on developing products that regenerate natural systems

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7️⃣ 4. Danimer Scientific, Inc.

Headquarters: Bainbridge, Georgia, USA
Key Offering: Nodax® PHA (Polyhydroxyalkanoates)

Danimer Scientific is a leading developer and manufacturer of biodegradable plastic materials, primarily PHA. Its Nodax® PHA is a biodegradable and compostable polymer that breaks down in various environments, including soil, freshwater, and marine settings, making it a key solution for reducing plastic pollution.

Sustainability Initiatives:

• Commercial-scale production of PHA, a marine-degradable polymer

• Partnerships with major brands to replace conventional plastics in products

• Expansion of manufacturing capacity to meet growing global demand

Download FREE Sample Report: Biodegradable Plastics and Polymers Market – View in Detailed Research Report

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6️⃣ 5. Biome Bioplastics Ltd.

Headquarters: Southampton, United Kingdom
Key Offering: Bio-based and compostable plastics (PLA, PHA blends)

Biome Bioplastics is a UK-based company focused on creating high-performance, biodegradable, and compostable plastics from natural feedstocks. The company’s products are designed as direct replacements for oil-based plastics in applications such as coffee pods, teabags, and flexible packaging.

Sustainability Initiatives:

• Development of advanced bio-based polymers using non-food plant starches

• Focus on creating home-compostable materials

• Collaboration with brands to develop customized compostable solutions

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5️⃣ 6. Plantic Technologies Ltd.

Headquarters: Melbourne, Australia
Key Offering: Starch-based biodegradable polymers, high-barrier packaging

Plantic Technologies specializes in manufacturing biodegradable plastics derived from renewable corn and tapioca starch. Its materials are known for their excellent barrier properties, making them ideal for packaging demanding products like chocolates and other sensitive foods.

Sustainability Initiatives:

• Utilization of high-starch, non-GMO crops for polymer production

• Production of packaging with high renewable content and compostability

• Development of water-soluble and biodegradable barrier layers

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4️⃣ 7. BioLogiQ, Inc.

Headquarters: Idaho Falls, Idaho, USA
Key Offering: NuPlastiQ® BioPolymer, a plant-based biodegradable resin

BioLogiQ produces NuPlastiQ®, a bio-based polymer made from potato and tapioca starches. This resin can be blended with traditional plastics like PE and PP to create more sustainable, partially bio-based, and biodegradable products, offering a practical transition solution.

Sustainability Initiatives:

• Technology to blend bio-content with conventional plastics for reduced carbon footprint

• Focus on creating biodegradable plastics that work with existing manufacturing infrastructure

• Certified biodegradability in soil and marine environments

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3️⃣ 8. Corbion N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: PLA (Polylactic Acid) resins and lactide monomers

Corbion is a global market leader in lactic acid, lactic acid derivatives, and a key producer of PLA bioplastics. It supplies high-performance PLA resins used in rigid and flexible packaging, disposable food service ware, and fibers, promoting a bio-based and circular economy.

Sustainability Initiatives:

• Leading producer of biobased lactic acid, the building block for PLA

• Investment in high-performance PLA grades for demanding applications

• Commitment to sourcing sustainable, non-GMO feedstocks

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2️⃣ 9. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: BioPBS™ (Polybutylene Succinate), a compostable polymer

Mitsubishi Chemical is a major chemical conglomerate with a strong presence in biodegradable plastics through its BioPBS™ product. BioPBS is a highly flexible and compostable biopolymer suitable for film applications, coated paper, and injection-molded products.

Sustainability Initiatives:

• Global production and distribution of BioPBS, a fully biodegradable polymer

• Development of bio-based succinic acid for polymer production

• Integration of bioplastics into broader corporate sustainability goals

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1️⃣ 10. Futerro S.A.

Headquarters: Escanaffles, Belgium
Key Offering: PLA (Polylactic Acid) resins and recycling technology

Futerro is a specialist in the entire PLA value chain, from the production of lactic acid to the polymerization of PLA and its chemical recycling. The company offers a fully integrated and circular approach to bioplastics production.

Sustainability Initiatives:

• Integrated biorefinery model for PLA production with a low carbon footprint

• Pioneering a proprietary technology for the chemical recycling of PLA (Loopla®)

• Focus on creating a truly circular lifecycle for bioplastics

Get Full Report Here: Biodegradable Plastics and Polymers Market – View in Detailed Research Report

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🌍 Outlook: The Future of Biodegradable Plastics Is Circular and Innovative

The biodegradable plastics and polymers market is experiencing a paradigm shift. While traditional plastics still dominate, the industry is channeling significant investment into bio-based feedstocks, advanced composting infrastructure, and chemical recycling technologies to close the loop.

📈 Key Trends Shaping the Market:

• Expansion of legislative bans on single-use plastics across Europe, North America, and Asia

• Growing consumer and brand commitment to sustainable packaging solutions

• Technological advancements in PHA and PLA production, enhancing performance and reducing costs

• Development of efficient collection and industrial composting systems to ensure proper end-of-life for biodegradable products

Get Full Report Here: Biodegradable Plastics and Polymers Market – View in Detailed Research Report

The companies listed above are not only producing sustainable materials—they’re engineering the foundation for a waste-free future.