The Global Marine Biodegradable Material Market was valued at USD 4.65 Billion in 2023 and is projected to reach USD 8.92 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period (2024–2030). This robust growth is propelled by stringent global regulations against single-use plastics, rising consumer demand for eco-friendly products, and significant technological advancements in biopolymer development.

As the world intensifies its battle against ocean plastic pollution, the focus shifts to the pioneering companies developing materials that break down safely in marine environments. In this blog, we profile the Top 10 Companies in the Marine Biodegradable Material Industry—a blend of chemical giants, specialty material innovators, and packaging leaders steering the transition to a circular economy.

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🔟 1. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi®, Novamont’s family of biodegradable and compostable bioplastics

Novamont is a global pioneer in the bioplastics sector, renowned for its Mater-Bi product line. These materials are designed to biodegrade in various environments, including soil and marine conditions, offering a viable alternative to conventional plastics for applications like bags, food packaging, and agricultural films.

Sustainability Initiatives:

• Development of certified marine-biodegradable grades of Mater-Bi

• Commitment to a circular bioeconomy model using renewable raw materials

• Active participation in international standards development for biodegradability

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ecovio®, a compostable polymer, and biobased alternatives

BASF, a leading chemical company, offers Ecovio, a certified compostable and biodegradable polymer. While primarily focused on industrial composting, research and development efforts are increasingly targeting marine biodegradability to address the specific challenge of ocean plastic waste.

Sustainability Initiatives:

• Investment in R&D for enhanced marine degradation profiles of biopolymers

• Partnerships with waste management and packaging companies to create closed-loop systems

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8️⃣ 3. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: BioPBS™ (Polybutylene Succinate), a biodegradable plastic

Mitsubishi Chemical is a major player in high-performance materials, offering BioPBS, a biobased and biodegradable polymer. It exhibits excellent biodegradability in various environments, including marine settings, making it suitable for films, molded products, and coated paper.

Sustainability Initiatives:

• Scaling production capacity for BioPBS to meet growing demand

• Focus on developing applications that meet stringent marine biodegradability standards

Download FREE Sample Report:
Global Marine Biodegradable Material Market – View in Detailed Research Report

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7️⃣ 4. Kaneka Corporation

Headquarters: Tokyo, Japan
Key Offering: PHBH™ (Polyhydroxyalkanoate) polymer

Kaneka produces PHBH, a biobased polyester that is biodegradable in soil, freshwater, and marine environments. Derived from plant oils, PHBH is gaining traction for use in flexible packaging, disposable utensils, and agricultural applications due to its natural origin and degradation properties.

Sustainability Initiatives:

• Commercial production of marine-biodegradable PHBH resin

• Collaborations with global brands to integrate PHBH into consumer products

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6️⃣ 5. FUTAMURA CHEMICAL CO.,LTD.

Headquarters: Tokyo, Japan
Key Offering: NatureFlex™, compostable and marine-biodegradable cellulose films

Futamura is a world leader in cellulose film production. Its NatureFlex™ range is derived from renewable wood pulp and is certified as both home compostable and, in specific grades, marine biodegradable. These films are widely used in packaging for food, beverages, and personal care products.

Sustainability Initiatives:

• Pioneering transparent films that meet marine biodegradability criteria

• Utilizing Forest Stewardship Council (FSC) certified wood pulp sources

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5️⃣ 6. Lactips

Headquarters: Saint-Jean-Bonnefonds, France
Key Offering: Plastic-free, water-soluble, and marine-biodegradable pellets

Lactips is an innovative company that produces a unique thermoplastic material derived from casein, a milk protein. Their material is fully biodegradable in various environments, including marine water, within weeks, offering a solution for applications like detergent packets and edible packaging.

Sustainability Initiatives:

• Focus on creating a “plastic-free” material with a positive end-of-life

• Development of products that dissolve harmlessly in water, leaving no microplastics

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4️⃣ 7. BioLogiQ, Inc.

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

BioLogiQ produces NuPlastiQ, a bio-based polymer made from potatoes and other starches. It can be blended with other plastics like PBAT to create compounds that are certified compostable and are being developed to meet marine biodegradation standards for products like bags and films.

Sustainability Initiatives:

• Promoting the use of renewable resources to reduce dependency on fossil fuels

• Collaborating with converters to create high-performance biodegradable blends

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3️⃣ 8. Plantic Technologies Ltd.

Headquarters: Victoria, Australia
Key Offering: Starch-based biodegradable and compostable materials

Plantic Technologies specializes in advanced biodegradable materials derived from renewable high-amylose corn starch. Their materials are designed to break down quickly in composting environments and are being adapted for improved performance in marine conditions.

Sustainability Initiatives:

• Development of high-barrier, biodegradable packaging solutions

• Focus on creating materials that offer functionality without environmental persistence

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2️⃣ 9. Rengo Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Biodegradable paper and packaging solutions

Rengo is a major integrated packaging manufacturer with a strong focus on sustainability. The company produces a range of paper-based packaging that is biodegradable and is actively developing coatings and laminates that enhance functionality while maintaining marine biodegradability.

Sustainability Initiatives:

• Investment in R&D for paper-based alternatives to plastic packaging

• Implementation of circular economy principles in its production processes

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1️⃣ 10. Telene (Arkema Group)

Headquarters: Colombes, France
Key Offering: Rilsan® Polyamide 11, a high-performance biobased polymer

Arkema, through its subsidiary Telene, produces Rilsan® PA11, a polymer derived 100% from castor beans. While known for its durability, specific grades and ongoing research are exploring its biodegradation profile, particularly for applications in marine environments like fishing gear.

Sustainability Initiatives:

• Development of biosourced materials for demanding applications

• Participation in projects aimed at creating biodegradable alternatives to lost fishing equipment

Get Full Report Here:
Global Marine Biodegradable Material Market – View in Detailed Research Report

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🌍 Outlook: The Future of Marine Biodegradable Materials Is Innovative and Regulated

The marine biodegradable material market is at a critical inflection point. While traditional plastics still dominate, the industry is witnessing unprecedented innovation and regulatory pressure to develop materials that leave no trace in our oceans.

📈 Key Trends Shaping the Market:

• Accelerated R&D into novel biopolymers like PHA (Polyhydroxyalkanoates) with inherent marine biodegradability

• Implementation of Extended Producer Responsibility (EPR) schemes and plastic bans globally

• Growing consumer awareness and brand commitments to sustainable packaging

• Advancements in material science to improve the barrier properties and durability of biodegradable options

Get Full Report Here:
Global Marine Biodegradable Material Market – View in Detailed Research Report

The companies listed above are not only creating innovative materials—they are fundamentally redefining the relationship between consumer products and the planet’s ecosystems.