The Global Bioplastics Market was valued at USD 3.65 Billion in 2024 and is projected to reach USD 5.58 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period (2025–2032). This growth is being driven by stringent environmental regulations, increasing consumer demand for eco-friendly packaging, and the accelerating adoption of bio-based and biodegradable polymer solutions across packaging, automotive, and consumer goods sectors.

As the global economy transforms toward circular operations and sustainable growth, the spotlight is on the key material innovators who are driving development, efficiency, and cleaner production pathways. In this blog, we profile the Top 10 Companies in the Bioplastics Industry—a mix of chemical giants, specialized producers, and biopolymer pioneers shaping the future of sustainable materials.

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🔟 1. Braskem S.A.

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

Braskem is the world’s leading producer of biopolymers, commanding a significant share of the global bio-based polyethylene market. Their flagship I’m green™ polyethylene, derived from sugarcane ethanol, offers a drop-in solution with identical properties to conventional PE while capturing CO2 from the atmosphere during its production cycle.

Sustainability Initiatives:

• World’s largest producer of bio-based polyethylene with 200,000 tons/year capacity

• Partnerships with major brands like Johnson & Johnson and LEGO

• Committed to carbon neutrality by 2050 and expanding circular economy portfolio

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9️⃣ 2. NatureWorks LLC

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

NatureWorks is a world-leading developer and manufacturer of biopolymers, particularly renowned for its Ingeo™ PLA portfolio. Jointly owned by Cargill and PTT Global Chemical, the company operates one of the largest PLA production facilities globally, serving diverse applications from food packaging to 3D printing filaments.

Sustainability Initiatives:

• Pioneer in commercial-scale PLA production since 2002

• Developing next-generation PLA with enhanced heat resistance and barrier properties

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8️⃣ 3. Novamont S.p.A.

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

Novamont is a European leader in the development and production of biodegradable and compostable bioplastics. Their Mater-Bi® family of products, based on patented starch and cellulose technology, is widely used in packaging, agriculture, and disposable products across Europe.

Sustainability Initiatives:

• Integrated biorefinery model utilizing local agricultural feedstocks

• Strong focus on developing compostable solutions for organic waste collection

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7️⃣ 4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ecovio®, Ultramid® BALANCE

BASF, one of the world’s largest chemical companies, has developed a comprehensive portfolio of compostable and bio-based plastics. Their Ecovio® certified compostable polymers are particularly successful in organic waste bags and flexible packaging applications.

Sustainability Initiatives:

• Chemical recycling technologies complementing bioplastics portfolio

• Part of the “ChemCycling” project for advanced recycling solutions

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6️⃣ 5. Corbion N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: PLA polymers, lactides, and bio-based additives

Corbion is a leading supplier of lactic acid, lactides, and formulated PLA polymers, serving as a critical link in the bioplastics value chain. The company’s joint venture with TotalEnergies, TotalEnergies Corbion, operates a 75,000-ton PLA production facility in Thailand.

Sustainability Initiatives:

• Focus on high-heat resistance PLA for demanding applications

• Developing advanced recycling technologies for PLA materials

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5️⃣ 6. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Rilsan® PA11, Pebax® Rnew

Arkema specializes in high-performance bio-based polymers, particularly polyamide 11 derived from castor oil. Their Rilsan® PA11 offers exceptional mechanical properties and chemical resistance, making it ideal for demanding applications in automotive, electronics, and 3D printing.

Sustainability Initiatives:

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

• Sustainable castor bean sourcing program in partnership with local farmers

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4️⃣ 7. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Sorona® polymer, Biomax® PTT

DuPont brings decades of polymer science expertise to the bioplastics space with innovative products like Sorona®, which contains 37% annually renewable plant-based ingredients. The polymer offers unique properties including softness, stretch recovery, and stain resistance for textiles and packaging.

Sustainability Initiatives:

• Reduces greenhouse gas emissions by 63% compared to nylon 6

• Partnerships with major apparel brands for sustainable textiles

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3️⃣ 8. Danimer Scientific

Headquarters: Bainbridge, Georgia, USA
Key Offering: Nodax® PHA, Rinnovo™ polymers

Danimer Scientific is a leading developer and manufacturer of biodegradable plastic alternatives, particularly polyhydroxyalkanoates (PHA). Their Nodax® PHA is certified biodegradable in aerobic and anaerobic environments, including marine and soil conditions.

Sustainability Initiatives:

• Pioneer in commercial-scale PHA production in the United States

• Certified marine-degradable polymers addressing ocean plastic pollution

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2️⃣ 9. Kingfa Science & Technology Co., Ltd.

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

Kingfa is China’s largest manufacturer of modified plastics with an expanding portfolio of biodegradable and bio-based solutions. The company has established significant production capacity for PBS (polybutylene succinate) and PLA compounds to serve the growing Asian market.

Sustainability Initiatives:

• Major investor in biodegradable plastic production capacity in China

• Developing cost-effective solutions for mass-market applications

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1️⃣ 10. FKuR Kunststoff GmbH

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

FKuR is a German specialist in biodegradable and bio-based plastic compounds, offering tailored solutions for various applications. The company’s extensive product portfolio includes compounds based on PLA, PHA, and other biopolymers with specific performance characteristics.

Sustainability Initiatives:

• Custom compounding services for specific application requirements

• Focus on developing drop-in solutions for existing manufacturing processes

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Bioplastics Market – View in Detailed Research Report

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🌍 Outlook: The Future of Bioplastics Is Performance-Driven and Circular

The bioplastics market is undergoing a fundamental transformation. While traditional applications still dominate in volume, the industry is investing heavily in high-performance alternatives, advanced recycling technologies, and circular production models.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion for PLA and PHA in North America and Asia

• Regulatory push for biodegradable and compostable packaging solutions

• Development of bio-based engineering plastics for automotive and electronics

• Brand-manufacturer alliances for closed-loop material systems

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Bioplastics Market – View in Detailed Research Report

The companies listed above are not only producing sustainable materials—they’re pioneering the circular economy transformation across global industries.