The Global Bio-based Encapsulation Film Market was valued at USD 2,676 Million in 2025 and is projected to reach USD 7,027 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period (2024–2034). This robust growth is fueled by stringent global environmental policies, rising consumer demand for sustainable packaging, and the critical role of encapsulation films in photovoltaic module manufacturing, driven by the global push for renewable energy.

As industries worldwide pivot towards circular economy models and carbon neutrality, the demand for advanced materials derived from renewable resources has surged. Bio-based encapsulation films, manufactured from biomass like corn, sugarcane, and starch, are at the forefront of this transformation. In this blog, we profile the Top 10 Companies in the Bio-based Encapsulation Film Industry—innovative material scientists, chemical giants, and packaging specialists shaping a more sustainable future for multiple sectors.

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🔟 1. Hangzhou First Applied Material Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Bio-based EVA Film, Bio-based POE Film for Photovoltaic Modules

Hangzhou First Applied Material is a leading global supplier of encapsulation films, particularly for the solar energy sector. The company has significantly invested in developing bio-based alternatives to conventional petrochemical-based films, focusing on high-performance materials that maintain efficiency while reducing the carbon footprint of solar panels.

Sustainability Initiatives:

• Development of bio-based EVA and POE films with enhanced UV resistance and durability

• Strategic partnerships with major photovoltaic module manufacturers to integrate sustainable materials

• Commitment to increasing the bio-based content in product portfolios by 2030

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9️⃣ 2. Shanghai HIUV New Materials Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Bio-based Encapsulation Films, Photovoltaic Backsheets

Shanghai HIUV New Materials specializes in the research, development, and production of functional polymer films. The company is a key player in the solar industry supply chain and has been actively expanding its bio-based film production capabilities to meet the growing demand for greener solar components.

Sustainability Initiatives:

• Investment in R&D for bio-polyolefins and bio-polyesters for encapsulation

• Implementation of green manufacturing processes to reduce energy and water consumption

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8️⃣ 3. Sveck Photovoltaic Technology Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Bio-based EPE Film, High-performance Encapsulation Solutions

Sveck Photovoltaic Technology focuses on innovative encapsulation materials that enhance the longevity and efficiency of solar modules. The company’s foray into bio-based films leverages biodegradable polymers to create solutions that are effective during use and environmentally responsible at end-of-life.

Sustainability Initiatives:

• Pioneering the use of bio-based EPE (Expanded Polyethylene) films with improved light transmittance

• Collaborations with agricultural sectors to source sustainable raw materials

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7️⃣ 4. Suzhou Saintyear Photovoltaic Technology Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Bio-based Encapsulation Films, Solar Module Components

Suzhou Saintyear is a prominent manufacturer dedicated to the photovoltaic industry. The company has developed a range of bio-based encapsulation films designed to meet the rigorous performance standards of modern solar panels while aligning with global sustainability targets.

Sustainability Initiatives:

• Development of films with partial and full bio-based content to offer scalable solutions

• Focus on creating fully recyclable and compostable film options for specific applications

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6️⃣ 5. Changzhou Bjjnion Film Science & Technology Co., Ltd.

Headquarters: Changzhou, Jiangsu, China
Key Offering: Multi-layer Bio-based Films, Specialized Encapsulation Materials

Changzhou Bjjnion specializes in high-tech polymer films, with a strong R&D focus on sustainable materials. Their bio-based encapsulation films are engineered for applications beyond photovoltaics, including advanced packaging and electronic displays, showcasing the material’s versatility.

Sustainability Initiatives:

• Advanced multi-layer co-extrusion technology for high-barrier bio-based films

• Active participation in industry consortia to establish standards for bio-based materials

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5️⃣ 6. Kingfa Sci. & Tech. Co., Ltd.

Headquarters: Guangzhou, Guangdong, China
Key Offering: Bio-based Plastics, Bio-PLA Films, Bio-PBAT Films

Kingfa is one of the world’s largest producers of modified plastics and a major force in bio-based polymers. The company offers a comprehensive portfolio of biodegradable and bio-based films, including PLA and PBAT, which are increasingly used for encapsulation in flexible packaging and agricultural mulch films.

Sustainability Initiatives:

• Massive production capacity for bio-PBAT and bio-PLA, key feedstocks for films

• Integrated supply chain from bio-monomer production to final film manufacturing

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4️⃣ 7. Xinjiang Tianye Co., Ltd.

Headquarters: Xinjiang, China
Key Offering: PVA-based Films, Water-soluble Bio-films

Xinjiang Tianye is a leading producer of Polyvinyl Alcohol (PVA) and its derivatives. The company specializes in water-soluble bio-based films, which are used for unit-dose packaging of agrochemicals, detergents, and dyes, offering a significant reduction in plastic waste.

Sustainability Initiatives:

• Leading global capacity for bio-based PVA, a key material for water-soluble films

• Development of high-strength, water-soluble encapsulation films for industrial applications

Download FREE Sample Report:
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3️⃣ 8. Shandong Tianye Environmental Protection Technology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Starch-based Blends, Biodegradable Mulch Films

Shandong Tianye Environmental Protection Technology focuses on producing fully biodegradable plastic products from starch-based composites. Their encapsulation and mulch films are widely used in agriculture, providing an eco-friendly alternative that decomposes after use, preventing soil contamination.

Sustainability Initiatives:

• Specialization in starch-PLA-PBAT blends for high-performance biodegradable films

• Large-scale production aimed at meeting the demand for sustainable agricultural inputs

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2️⃣ 9. BioBag International AS

Headquarters: Askim, Norway
Key Offering: Certified Compostable Films, Bio-based Packaging

BioBag International is a world-leading brand in certified compostable plastic films and bags, made from Mater-Bi®, a bio-based and biodegradable polymer. While known for carrier bags, their thin films are also used for encapsulation in food packaging and organic waste collection.

Sustainability Initiatives:

• Pioneer in third-party certified compostable and bio-based films

• Global advocacy for industrial composting infrastructure and standards

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1️⃣ 10. Plastika Kritis S.A.

Headquarters: Crete, Greece
Key Offering: Bio-based Agricultural Films, Greenhouse Films

Plastika Kritis is a major European producer of agricultural films, with a growing portfolio of bio-based and biodegradable solutions. Their encapsulation films for mulching and silage are designed to enhance crop yield while minimizing environmental impact through biodegradation.

Sustainability Initiatives:

• Development of bio-based films with controlled biodegradation for specific crop cycles

• Investment in recycling technologies for post-consumer agricultural film waste

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Bio-based Encapsulation Film Market – View in Detailed Research Report

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🌍 Outlook: The Future of Bio-based Encapsulation Film Is Intelligent and Circular

The bio-based encapsulation film market is evolving rapidly from a niche segment to a mainstream material solution. While cost and performance parity with conventional films remain challenges, massive investments in R&D and production scaling are closing the gap. The future will be defined by smarter, multi-functional films that offer not just sustainability but also enhanced properties.

📈 Key Trends Shaping the Market:

• Accelerated capacity expansion for bio-polymers like PLA and PBAT in Asia and Europe

• Stringent regulatory bans on single-use plastics driving adoption in packaging

• Integration of nanotechnology for improved barrier properties and UV resistance in photovoltaic films

• Growing consumer and brand owner preference for products with verified bio-based content

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

The companies listed above are not only supplying essential materials—they are building the foundation for a circular and low-carbon economy across packaging, agriculture, and renewable energy.