The Global Biodegradable Bioplastics Market was valued at USD 6.05 Billion in 2024 and is projected to reach USD 14.37 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 15.5% during the forecast period (2024–2030). This robust growth is being propelled by stringent global regulations on single-use plastics, escalating consumer demand for environmentally friendly packaging, and significant advancements in biopolymer technologies.

As the world intensifies its fight against plastic pollution and carbon emissions, the focus has shifted to the pioneering material science companies developing viable, sustainable alternatives. In this blog, we profile the Top 10 Companies in the Biodegradable Bioplastics Industry—a dynamic mix of chemical giants, specialized innovators, and agricultural processors shaping the circular economy.

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🔟 1. NatureWorks LLC

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

NatureWorks is a world-leading producer of PLA biopolymers, derived from renewable plant sugars instead of fossil fuels. Their Ingeo™ portfolio is widely used in compostable foodservice ware, fiber applications, and durable goods, offering a lower carbon footprint alternative to traditional plastics.

Sustainability Initiatives:

• World’s first and largest PLA production facility

• Development of next-generation feedstocks, including agricultural waste

• Certified compostable products for a circular economy

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio® (compostable bioplastic), ecoflex® (biodegradable copolyester)

BASF is a global chemical leader with a strong portfolio of certified compostable and biodegradable polymers. Their ecovio® is particularly designed for organic waste bags, flexible packaging, and agricultural films, breaking down into water, CO₂, and biomass in industrial composting facilities.

Sustainability Initiatives:

• Integration of certified compostable plastics into global waste management systems

• R&D focused on marine biodegradability and soil-biodegradable mulching films

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8️⃣ 3. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi®, Origo-Bi® (biodegradable and compostable bioplastics)

Novamont is a pioneer in the European bioplastics scene, renowned for its Mater-Bi family of bioplastics. These materials are designed to integrate seamlessly with organic waste streams, providing solutions for shopping bags, food packaging, and agriculture that biodegrade without leaving microplastics.

Sustainability Initiatives:

• Pioneering the “biorefinery” model, integrating chemical production with local agriculture

• Active advocacy for policies supporting separate organic waste collection and composting

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7️⃣ 4. Braskem S.A.

Headquarters: São Paulo, Brazil
Key Offering: Green ethylene, I’m green™ bio-based PE (Polyethylene)

Braskem is the largest producer of thermoplastic resins in the Americas and a leader in bio-based polymers. While its flagship I’m green™ PE is not inherently biodegradable, the company is heavily invested in developing sustainable solutions and has active R&D programs for biodegradable polymers, leveraging its vast experience in sugar cane-based feedstocks.

Sustainability Initiatives:

• World’s first industrial-scale green ethylene plant using sugarcane ethanol

• Commitment to carbon neutrality by 2050 and expanding the circular economy portfolio

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6️⃣ 5. Corbion N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Luminy® Polylactic Acid (PLA) resins

Corbion is a leading supplier of lactic acid, lactic acid derivatives, and a key producer of high-performance PLA bioplastics. Its Luminy® PLA resins are used in a wide array of applications, from rigid packaging and textiles to 3D printing filaments, offering brand owners a renewable and compostable material choice.

Sustainability Initiatives:

• Focus on producing PLA with a significantly reduced environmental footprint

• Partnerships across the value chain to enhance PLA performance and end-of-life options

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5️⃣ 6. Danimer Scientific, Inc.

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

Danimer Scientific is a leading developer and manufacturer of PHA, a family of biopolymers that are both bio-based and biodegradable in a wide range of environments, including soil, freshwater, and marine settings. Nodax® PHA is seen as a crucial material for mitigating plastic pollution.

Sustainability Initiatives:

• Commercial-scale PHA production certified as marine biodegradable

• Expansion of manufacturing capacity to meet growing demand for truly biodegradable plastics

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4️⃣ 7. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Rilsan® PA11 (bio-based polyamide), Pebax® Rnew (bio-based thermoplastic elastomers)

While Arkema is known for its high-performance bio-based polymers, it is actively expanding into biodegradable solutions through its polyamide 11 value chain derived from castor beans. The company invests in advanced materials that offer durability alongside sustainable credentials.

Sustainability Initiatives:

• Development of high-performance biomaterials for demanding applications like electronics and automotive

• Commitment to sourcing sustainable castor beans through responsible farming initiatives

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3️⃣ 8. Kingfa Science & Technology Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: Full range of biodegradable plastics (PLA, PBAT, PBS blends)

Kingfa is one of Asia’s largest modified plastic producers and has become a major force in biodegradable plastics. The company produces a comprehensive portfolio of compostable resins, capitalizing on China’s ambitious policies to phase out conventional single-use plastics.

Sustainability Initiatives:

• Massive production capacity for PBAT and PLA compounds to meet domestic and global demand

• Investment in R&D for cost-effective and high-performance biodegradable blends

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2️⃣ 9. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: BioPBS™ (Polybutylene Succinate), DURABIO™ (bio-based engineering plastic)

Mitsubishi Chemical offers BioPBS™, a compostable bioplastic known for its flexibility and heat resistance, making it suitable for films, sheets, and molded products. The company leverages its strong chemical engineering expertise to advance bio-based and biodegradable material science.

Sustainability Initiatives:

• Development of bio-succinic acid technology as a key building block for biodegradable polyesters

• Corporate vision aligned with the KAITEKI philosophy, promoting sustainability and well-being

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1️⃣ 10. Plantic Technologies Ltd. (Part of Kuraray)

Headquarters: Melbourne, Australia (Parent: Tokyo, Japan)
Key Offering: High-barrier biodegradable plastics based on renewable starch

Plantic Technologies, now part of Kuraray Group, specializes in novel biodegradable packaging materials derived from corn starch. Their products are known for exceptional oxygen barrier properties, making them ideal for sensitive food packaging, and they are fully compostable.

Sustainability Initiatives:

• Proprietary technology for creating high-performance bioplastics from renewable resources

• Focus on providing sustainable packaging solutions that extend food shelf life and reduce waste

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Biodegradable Bioplastics Market – View in Detailed Research Report

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🌍 Outlook: The Future of Bioplastics Is Circular and Innovative

The biodegradable bioplastics market is at a pivotal juncture. While traditional plastics still dominate volume, regulatory pressures and consumer consciousness are driving unprecedented investment in bio-based and compostable alternatives, advanced recycling technologies, and circular economy models.

📈 Key Trends Shaping the Market:

• Expansion of production capacity for key biodegradable polymers like PLA, PBAT, and PHA globally

• Implementation of stringent single-use plastic bans and extended producer responsibility (EPR) schemes

• Innovation in feedstock sourcing, including the use of non-food biomass and waste streams

• Brand owner and retailer commitments to incorporating recycled and biodegradable content in packaging

Get Full Report Here:
Biodegradable Bioplastics Market – View in Detailed Research Report

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