The Global Bio-based Polymers Market was valued at USD 3.28 Billion in 2024 and is projected to reach USD 7.99 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period (2024–2032). This robust growth is driven by stringent environmental regulations, rising consumer demand for sustainable packaging, and significant corporate investments in green materials as industries pivot away from conventional plastics.

As the world accelerates its transition toward a circular economy, the focus intensifies on the key material producers who are driving innovation in renewable feedstocks and advanced polymer technologies. In this blog, we profile the Top 10 Companies in the Bio-based Polymers Industry—a mix of chemical giants, specialized innovators, and regional leaders shaping the future of sustainable materials.

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🔟 1. Braskem

Headquarters: São Paulo, Brazil
Key Offering: Bio-based Polyethylene (I’m green™), Bio-based EVA

Braskem is the world’s leading producer of biopolymers, holding a significant market share with its pioneering bio-based polyethylene derived from sugarcane ethanol. Its I’m green™ portfolio is a benchmark in the industry, supplying major global brands in packaging, consumer goods, and automotive sectors. The company leverages Brazil’s abundant sugarcane resources to create a truly sustainable life cycle for its polymers.

Sustainability Initiatives:

• World’s largest biopolymer production capacity from renewable sources

• Committed to expanding portfolio to include bio-based PP and developing chemical recycling technologies

• Aims to become carbon neutral by 2050

Download FREE Sample Report: Bio-based Polymers Market – View in Detailed Research Report

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ecovio® (biodegradable), Ultramid® (bio-based polyamide)

BASF is a global chemical leader with a comprehensive portfolio of bio-based and biodegradable polymers. Its Ecovio® brand is widely used in compostable bags, packaging films, and agricultural mulch films, while its bio-based polyamides serve demanding applications in automotive and electronics industries. The company integrates bio-based raw materials into its Verbund production system for maximum efficiency.

Sustainability Initiatives:

• Mass balance approach for integrating bio-based feedstocks into existing production

• R&D focus on advanced bio-based engineering plastics and PU systems

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8️⃣ 3. NatureWorks LLC

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

NatureWorks is a world-leading innovator in bioplastics, specializing in the production of Ingeo™ PLA, a versatile biopolymer made from renewable plant sugars. The company’s technology platform enables a wide range of applications from compostable food service ware and 3D printing filaments to durable consumer goods and nonwovens.

Sustainability Initiatives:

• Pioneering next-generation lactic acid production with lower carbon footprint

• Developing advanced Ingeo™ grades with enhanced thermal and mechanical properties

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7️⃣ 4. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi® (biodegradable), Origo-Bi® (bio-based polyesters)

Novamont is a European pioneer in the bioplastics sector, renowned for its Mater-Bi® family of biodegradable and compostable bioplastics. The company follows an integrated biorefinery model, developing proprietary technologies that transform renewable raw materials into high-value biochemicals and bioplastics for packaging, agriculture, and hygiene products.

Sustainability Initiatives:

• Integrated biorefinery model utilizing marginal lands and underutilized biomass

• Strong focus on developing compostable solutions for organic waste collection

Download FREE Sample Report: Bio-based Polymers Market – View in Detailed Research Report

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6️⃣ 5. TotalEnergies Corbion

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

TotalEnergies Corbion is a joint venture between TotalEnergies and Corbion, specializing in the production of Luminy® PLA resins. The company operates one of the world’s largest PLA production plants and focuses on developing high-performance PLA solutions for rigid and flexible packaging, fibers, and durable applications, with a strong emphasis on certified compostable and recycled content.

Sustainability Initiatives:

• World-scale PLA production with significantly reduced carbon footprint

• Developing advanced PLA grades for high-heat applications and chemical recycling

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5️⃣ 6. Arkema

Headquarters: Colombes, France
Key Offering: Rilsan® Polyamide 11, Pebax® Rnew (bio-based elastomers)

Arkema is a global specialty chemicals leader with a strong portfolio of high-performance bio-based polymers. The company’s flagship Rilsan® Polyamide 11 is derived from castor oil and offers exceptional performance in demanding applications across automotive, consumer goods, and 3D printing sectors. Its Pebax® Rnew elastomers combine bio-based content with outstanding mechanical properties.

Sustainability Initiatives:

• World’s only producer of 100% bio-based polyamide 11 from castor beans

• Expanding castor bean sourcing through sustainable agriculture partnerships

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4️⃣ 7. DuPont

Headquarters: Wilmington, Delaware, USA
Key Offering: Sorona® (bio-based polymer), Hytrel® RS (renewable sourced)

DuPont offers innovative bio-based polymer solutions through its Sorona® and Hytrel® RS product lines. Sorona® contains 37% annually renewable plant-based ingredients and is widely used in textiles, carpets, and packaging films. The company leverages its strong R&D capabilities to develop bio-based alternatives that maintain the high performance expected from DuPont materials.

Sustainability Initiatives:

• Proprietary fermentation process for bio-based PDO (1,3-propanediol)

• Focus on drop-in bio-based solutions compatible with existing manufacturing

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3️⃣ 8. Kingfa Sci. & Tech. Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: Bio-based polyesters, PLA compounds, starch blends

Kingfa is China’s leading advanced materials company with a growing portfolio of bio-based polymers. The company leverages its massive production scale and vertical integration to offer cost-competitive bio-based solutions for packaging, electronics, and automotive applications. Kingfa’s strong presence in Asia-Pacific makes it a key player in the region’s rapidly growing bioplastics market.

Sustainability Initiatives:

• Significant investments in R&D for bio-based engineering plastics

• Strategic partnerships for developing sustainable material solutions

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2️⃣ 9. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: Bio-based polycarbonate, DURABIO™ (bio-engineering plastic)

Mitsubishi Chemical Group develops high-performance bio-based engineering plastics through its innovative DURABIO™ platform. This bio-based polycarbonate alternative offers excellent weatherability, transparency, and scratch resistance, making it ideal for automotive interiors, electronic displays, and optical applications. The company’s technology represents a significant advancement in durable bio-based materials.

Sustainability Initiatives:

• Proprietary technology for bio-based isosorbide production

• Focus on high-value applications where performance and sustainability converge

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1️⃣ 10. Corbion

Headquarters: Amsterdam, Netherlands
Key Offering: PLA monomers, bio-based additives, PURALACT® lactides

Corbion is a leading supplier of lactic acid and its derivatives, serving as the foundational building blocks for PLA bioplastics. While partnering in TotalEnergies Corbion for PLA production, Corbion also supplies high-purity lactides and other bio-based intermediates to the broader market. The company’s expertise in fermentation technology positions it as a critical enabler of the bioplastics value chain.

Sustainability Initiatives:

• World’s leading producer of lactic acid from renewable resources

• Developing advanced bio-based solutions for coatings, adhesives, and composites

Get Full Report Here: Bio-based Polymers Market – View in Detailed Research Report

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🌍 Outlook: The Future of Bio-based Polymers Is Diverse and Circular

The bio-based polymers market is undergoing a fundamental transformation as technology advances and regulatory pressures intensify. While packaging remains the largest application segment, new opportunities are emerging across diverse sectors from automotive to healthcare, driven by material innovations and changing consumer preferences.

📈 Key Trends Shaping the Market:

• Advanced bio-based engineering plastics for demanding technical applications

• Expansion into non-food biomass feedstocks and waste valorization

• Integration of biodegradability and recyclability in material design

• Brand-manufacturer partnerships for closed-loop material systems

Get Full Report Here: Bio-based Polymers Market – View in Detailed Research Report

The companies listed above are not only supplying sustainable materials—they’re redefining material science for a circular future.