The Global Degradable Resin Market was valued at USD 5.83 Billion in 2024 and is projected to reach USD 10.12 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period (2024–2030). This robust expansion is fueled by escalating environmental regulations, rising consumer demand for sustainable packaging, and significant advancements in bio-based polymer technologies across various industries.

As the world pivots towards a circular economy, the focus intensifies on the key resin producers who are enabling the transition from conventional plastics to innovative, eco-friendly materials. In this blog, we profile the Top 10 Companies in the Degradable Resin Industry—a diverse group of chemical giants, biopolymer specialists, and technology innovators shaping the future of sustainable materials.

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🔟 1. NatureWorks LLC

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

NatureWorks is the world’s leading producer of PLA biopolymers, a versatile degradable resin derived from renewable resources like corn sugar. Their Ingeo™ portfolio serves a wide array of applications, including compostable food service ware, durable goods, fibers, and 3D printing filaments, positioning them as a cornerstone of the bioplastics industry.

Sustainability Initiatives:

• Pioneering the industrial-scale production of bio-based PLA
• Developing advanced recycling and composting technologies for PLA products
• Committed to achieving carbon-neutral operations and reducing reliance on fossil fuels

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/178143/global-degradable-resin-forecast-market-2022-2028-347

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio®, Biodegradable and compostable polymers

BASF is a global chemical powerhouse with a strong portfolio of certified compostable and biodegradable polymers. Their ecovio® range is specifically designed for applications such as organic waste bags, compostable packaging films, and agricultural mulch films, offering high-performance alternatives to conventional plastics.

Sustainability Initiatives:

• Extensive R&D in creating high-performance, compostable polymer blends
• Active partnerships across the value chain to promote closed-loop systems
• Integration of biodegradability into a broad spectrum of industrial applications

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8️⃣ 3. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: BioPBS™ (Polybutylene Succinate), DURABIO™

Mitsubishi Chemical is a major innovator in bio-based and biodegradable resins. Their BioPBS™ is a compostable bioplastic known for its flexibility and heat resistance, widely used in films, moldings, and disposable items. The company combines deep chemical expertise with a strong commitment to sustainability.

Sustainability Initiatives:

• Development of high-performance PBS from renewable succinic acid
• Focus on creating durable yet biodegradable materials for automotive and electronics
• Commitment to carbon neutrality by 2050 through bio-based product lines

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7️⃣ 4. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi®, Origo-Bi®

Novamont is a pioneer in the bioplastics sector, renowned for its Mater-Bi® family of biodegradable and compostable bioplastics. These resins are designed to integrate seamlessly with existing waste management systems, particularly composting, and are used in packaging, agriculture, and hygiene products.

Sustainability Initiatives:

• Championing the integrated biorefinery model for local sourcing
• Leading advocacy for standardized composting infrastructure in Europe
• Developing innovative solutions to mitigate plastic pollution in soil and marine environments

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/178143/global-degradable-resin-forecast-market-2022-2028-347

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6️⃣ 5. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: BIOFRONT®, PLAneo®

Teijin leverages its advanced polymer technology to produce high-performance biodegradable resins like BIOFRONT®, a heat-resistant PLA-based fiber, and PLAneo®, a modified PLA resin. The company focuses on applications requiring superior durability, such as automotive interiors and electronics housing.

Sustainability Initiatives:

• Investing in chemical recycling technologies for PLA-based products
• Developing bio-based alternatives for engineering plastics
• Aligning product development with the principles of a circular economy

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5️⃣ 6. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Ecodear®, PLA blends and compounds

Toray, a global leader in advanced materials, offers the Ecodear® line of PLA-based biodegradable resins. These materials are engineered to provide enhanced properties for films, fibers, and molded products, serving the packaging, textile, and consumer goods industries with sustainable solutions.

Sustainability Initiatives:

• Extensive R&D in bio-based monomers and polymer modification
• Commitment to reducing carbon footprint across its entire product lifecycle
• Strategic collaborations to expand the application scope of biodegradable resins

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4️⃣ 7. Danimer Scientific, Inc.

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

Danimer Scientific is a leading producer of PHA, a fully biodegradable polymer that breaks down in various environments, including soil, compost, and marine water. Their Nodax® PHA is used in a wide range of applications, from flexible packaging and food service products to agricultural films.

Sustainability Initiatives:

• Specialization in PHA production through microbial fermentation of plant oils
• Focus on creating resins that biodegrade in anaerobic and marine conditions
• Expanding production capacity to meet growing global demand for PHA

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3️⃣ 8. Plantic Technologies Ltd.

Headquarters: Melbourne, Australia
Key Offering: Starch-based bioplastics, High-barrier resins

Plantic Technologies specializes in developing high-performance, biodegradable plastics based on renewable starch. Their materials are known for excellent barrier properties against oxygen, making them ideal for food packaging applications where extending shelf life is critical.

Sustainability Initiatives:

• Utilizing proprietary thermoplastic starch technology
• Developing water-soluble and home-compostable resin formulations
• Focusing on creating drop-in solutions for existing packaging machinery

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2️⃣ 9. FKuR Kunststoff GmbH

Headquarters: Willich, Germany
Key Offering: Bio-Flex®, Biograde®, Terralene®

FKuR is a European specialist in compounding and distributing biodegradable and bio-based plastics. Their product portfolio includes blends like Bio-Flex® (PLA-based) and Terralene® (PP-compound), offering tailored solutions for film extrusion, injection molding, and thermoforming.

Sustainability Initiatives:

• Providing customized compound solutions to meet specific customer requirements
• Strong focus on certifying products according to international compostability standards
• Acting as a key distributor and technical partner for global resin producers

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1️⃣ 10. Anqing Hexing Chemical Co., Ltd.

Headquarters: Anqing, Anhui, China
Key Offering: PLA resins, PBS (Polybutylene Succinate)

Anqing Hexing is a significant player in the Asian degradable resin market, producing a range of bioplastics including PLA and PBS. The company benefits from the strong domestic push for plastic alternatives in China and is scaling up production to serve both local and international markets.

Sustainability Initiatives:

• Expanding manufacturing capabilities for bio-based and biodegradable polymers
• Contributing to China’s ambitious plans to reduce plastic waste
• Investing in R&D to improve the performance and cost-effectiveness of their resins

Get Full Report Here: https://www.24chemicalresearch.com/reports/178143/global-degradable-resin-forecast-market-2022-2028-347

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🌍 Outlook: The Future of Degradable Resins Is Innovative and Circular

The degradable resin market is experiencing a transformative phase. While traditional plastics still dominate, the industry is channeling significant investment into next-generation biopolymers, advanced composting technologies, and circular supply chain models.

📈 Key Trends Shaping the Market:

• Rising adoption of PHA and advanced PLA blends for enhanced performance
• Implementation of stringent government bans on single-use plastics globally
• Growing consumer brand commitments to sustainable and compostable packaging
• Innovations in chemical recycling and organic recovery for end-of-life management

Get Full Report Here: https://www.24chemicalresearch.com/reports/178143/global-degradable-resin-forecast-market-2022-2028-347

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