The Global Biodegradable Polyester Resin Market was valued at USD 2.74 Billion in 2025 and is projected to reach USD 5.19 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period (2025–2034). This robust expansion is fueled by stringent global plastic bans, escalating consumer demand for eco-friendly products, and significant technological advancements in material science.

As the world accelerates its transition towards a circular economy, the focus intensifies on the innovative companies developing the materials to make it possible. In this blog, we profile the Top 10 Companies in the Biodegradable Polyester Resin Industry—a dynamic mix of chemical giants, specialized bioplastics firms, and regional leaders shaping a more sustainable future for plastics.

---

🔟 1. NatureWorks LLC

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

NatureWorks is a world-leading innovator and the largest producer of Polylactic Acid (PLA) biopolymers, marketed under the Ingeo™ brand. A joint venture owned by Cargill and PTT Global Chemical, the company produces a family of bioplastics derived from renewable plant sugars, primarily corn. These resins are used in a wide array of applications, from compostable foodservice ware and flexible packaging to fibers for textiles and 3D printing filaments.

Sustainability & Innovation Initiatives:

• Pioneer in commercial-scale PLA manufacturing with a flagship plant in Blair, Nebraska

• Continuous innovation in high-performance PLA grades with improved heat resistance and durability

• Committed to developing and sourcing next-generation, non-food-based feedstocks

Download FREE Sample Report:
Biodegradable Polyester Resin Market – View in Detailed Research Report

---

9️⃣ 2. TotalEnergies Corbion

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

TotalEnergies Corbion is a major global player in the PLA market, formed as a joint venture between TotalEnergies and Corbion. The company’s Luminy® PLA portfolio includes both standard and high-heat resistant grades, catering to demanding applications in rigid and flexible packaging, disposable consumer goods, and durable electronics. Their large-scale production facility in Thailand serves markets worldwide.

Sustainability & Innovation Initiatives:

• Focus on producing PLA with a reduced carbon footprint

• Investment in R&D for advanced recycling technologies for PLA (chemical recycling)

• Active engagement in industry consortia to promote composting infrastructure and standards

---

8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio® (certified compostable plastics), PBAT

BASF, one of the world’s largest chemical producers, is a key supplier of biodegradable and compostable polyesters. Its flagship product, ecovio®, is a high-quality, certified compostable plastic often based on PBAT (Polybutylene Adipate Terephthalate) and PLA. These materials are designed for applications like organic waste bags, compostable packaging films, and agricultural mulch films that biodegrade directly in soil.

Sustainability & Innovation Initiatives:

• Extensive portfolio of certified compostable polymers for various end-of-life scenarios

• Strong emphasis on creating solutions for the circular economy, particularly in packaging and agriculture

• Global reach and technical support enabling widespread adoption of biodegradable solutions

---

7️⃣ 4. Mitsubishi Chemical Group

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

Mitsubishi Chemical Group is a prominent producer of BioPBS™ (Polybutylene Succinate), a biodegradable polyester known for its excellent flexibility, compostability, and processability. PBS is often used in applications requiring softness and biodegradability, such as compostable bags, mulch films, and foam packaging. The company leverages its strong position in succinic acid production to support its BioPBS™ business.

Sustainability & Innovation Initiatives:

• Production of BioPBS™ using bio-based succinic acid, enhancing its renewable content

• Development of customized BioPBS™ grades for specific applications like injection molding and extrusion coating

• Active in promoting the use of biodegradable plastics in Asia’s growing markets

Download FREE Sample Report:
Biodegradable Polyester Resin Market – View in Detailed Research Report

---

6️⃣ 5. Kaneka Corporation

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

Kaneka Corporation is a significant innovator in the biodegradable polyester space with its PHBH™ (poly(3-hydroxybutyrate-co-3-hydroxyhexanoate)) resins, a type of PHA (Polyhydroxyalkanoate). PHBH is notable for its marine biodegradability, meaning it can break down in ocean environments, as well as in soil and industrial composters. This makes it a compelling material for applications where plastic waste leakage into the environment is a concern.

Sustainability & Innovation Initiatives:

• Unique focus on marine-degradable polymers, addressing a critical environmental challenge

• Ongoing expansion of PHBH™ production capacity to meet rising demand

• Collaborations with global brands to develop and commercialize products using PHBH™

---

5️⃣ 6. Danimer Scientific, Inc.

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

Danimer Scientific is a leading developer and manufacturer of biodegradable Polyhydroxyalkanoate (PHA) polymers. Its signature Nodax® PHA is produced through the fermentation of plant-based oils and is certified to biodegrade in aerobic and anaerobic environments, including soil, freshwater, and marine settings. The company is a key player in North America, supplying resins for applications from food packaging to agricultural products.

Sustainability & Innovation Initiatives:

• Specialization in PHA, a polymer family known for its broad biodegradability profile

• Major investments in scaling up manufacturing capacity in the United States

• Strategic partnerships with major consumer brands to replace conventional plastics with PHA

---

4️⃣ 7. Kingfa Science & Technology Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: Wide range of fully biodegradable resins (PBAT, PLA, PBS)

Kingfa is one of China’s largest and most diversified改性塑料 (modified plastics) manufacturers and a major force in the global biodegradable plastics market. The company produces a comprehensive portfolio of biodegradable polyester resins, including PBAT, PLA, and PBS, often sold as blends tailored for specific applications. Its massive production scale and strong domestic market position make it a key supplier, especially within Asia.

Sustainability & Innovation Initiatives:

• Rapid scaling of PBAT production capacity to meet China’s ambitious plastic reduction policies

• Focus on cost-competitive solutions to drive mass adoption of biodegradable plastics

• Extensive R&D efforts to improve the performance and processability of its resin blends

---

3️⃣ 8. BBCA Biochemical Co., Ltd.

Headquarters: Bengbu, Anhui, China
Key Offering: Lactic Acid, PLA, and downstream biodegradable products

BBCA Biochemical is a vertically integrated leader in the bioplastics value chain. As one of the world’s largest producers of lactic acid—the primary building block for PLA—the company has strategically expanded into manufacturing PLA resins and finished biodegradable products. This integrated approach gives BBCA significant control over cost, quality, and supply chain stability in the rapidly growing Asian market.

Sustainability & Innovation Initiatives:

• Vertical integration from raw material (lactic acid) to finished biodegradable products

• Significant investments in new PLA production lines to capitalize on regional demand

• Exploration of new applications for PLA beyond packaging, including fibers and engineering plastics

---

2️⃣ 9. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: Biofront® (high-performance PLA), PLA compounds

Teijin Limited, a Japanese chemical and pharmaceutical giant, is renowned for its high-performance PLA resin, Biofront®. Unlike conventional PLA, Biofront® exhibits superior heat resistance, making it suitable for more demanding applications like automotive interiors, electronics housings, and durable textiles. This positions Teijin in the high-value segment of the biodegradable polyester market.

Sustainability & Innovation Initiatives:

• Focus on high-performance, heat-resistant PLA to compete with engineering plastics

• Development of biodegradable resins for durable goods, extending the life cycle of bioplastics

• Commitment to sustainability through its “T-value” management philosophy

---

1️⃣ 10. Futerro

Headquarters: Escanaffles, Belgium
Key Offering: PLA resins and PLA polymerization technology

Futerro is a specialized biotechnology company, originally a spin-off from Galactic, focused on the entire PLA value chain. The company not only produces PLA resins but also licenses its proprietary PLA polymerization technology to other producers. This dual business model—being both a producer and a technology licensor—positions Futerro as a key enabler for the global expansion of PLA manufacturing capacity.

Sustainability & Innovation Initiatives:

• Unique business model combining resin production with technology licensing

• Development of a closed-loop recycling process for PLA (Loopla®)

• Focus on creating a sustainable and efficient PLA production ecosystem

Read Full Report:
Biodegradable Polyester Resin Market – View in Detailed Research Report

---

🌱 Outlook: The Future of Biodegradable Polyester Resins is High-Performance and Circular

The biodegradable polyester resin market is undergoing a fundamental transformation. While cost-competitive substitution for single-use plastics remains the core driver, the industry is rapidly advancing towards high-performance materials suitable for durable applications and developing sophisticated circular systems for their end-of-life management.

📈 Key Trends Shaping the Market:

• Exponential capacity expansion for PBAT and PLA, particularly in China and Southeast Asia

• Shift towards performance-driven biodegradable resins for automotive, electronics, and textiles

• Integration of advanced recycling technologies, like chemical recycling for PLA, to create circular loops

• Brand-manufacturer collaborations to design products for specific degradation environments (home compost, marine)

Read Full Report:
Biodegradable Polyester Resin Market – View in Detailed Research Report

The companies profiled above are not only supplying sustainable materials—they are actively constructing the foundation for a post-plastic economy.