The Global Bio-Based Chemicals Market was valued at USD 52.80 Billion in 2023 and is projected to reach USD 118.90 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.3% during the forecast period (2023–2030). This growth is being driven by rising environmental awareness, stringent regulations on plastic waste and carbon emissions, and advancements in biotechnology that enable efficient production of renewable chemicals from plant-based and microbial sources.

The USA market for the Global Bio-Based Chemicals market is estimated to increase from USD 15.20 Billion in 2023 to reach USD 32.50 Billion by 2030, at a CAGR of 11.5% during the forecast period of 2023 through 2030.

The China market for the Global Bio-Based Chemicals market is estimated to increase from USD 10.50 Billion in 2023 to reach USD 25.40 Billion by 2030, at a CAGR of 13.2% during the forecast period of 2023 through 2030.

The Europe market for the Global Bio-Based Chemicals market is estimated to increase from USD 12.30 Billion in 2023 to reach USD 28.70 Billion by 2030, at a CAGR of 12.8% during the forecast period of 2023 through 2030.

As industries worldwide shift toward sustainable practices to combat climate change and reduce reliance on fossil fuels, the spotlight is on the key producers who are driving innovation, efficiency, and greener chemical pathways. In this blog, we profile the Top 10 Companies in the Bio-Based Chemicals Market—a blend of global giants, biotech specialists, and renewable innovators shaping the future of sustainable chemistry.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Bio-based polymers, succinic acid, and renewable intermediates

BASF is a titan in the chemical industry, offering bio-based solutions across global markets. Their portfolio serves automotive, packaging, and personal care sectors, with investments in biotechnology for scalable production from renewable feedstocks.

Sustainability Initiatives:

• Climate-neutral production targets by 2050

• Partnerships for sustainable biomass sourcing

• Expansion of bio-succinic acid facilities

Download FREE Sample Report: Bio-Based Chemicals Market – View in Detailed Research Report

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9️⃣ 2. Dow Inc. and DuPont de Nemours

Headquarters: Midland, Michigan, USA (Dow); Wilmington, Delaware, USA (DuPont)
Key Offering: Bio-based polyethylene, 1,3-propanediol, and sorbitol

Dow and DuPont influence the bio-based landscape with materials from corn and sugarcane. Their expertise develops high-value chemicals for adhesives, coatings, and fibers, scaling production economically.

Sustainability Initiatives:

• Next-generation fermentation for higher yields

• Sustainable crop sourcing collaborations

• 20% bio-based product portfolio by 2030

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8️⃣ 3. Braskem S.A.

Headquarters: São Paulo, Brazil
Key Offering: Green polyethylene and polypropylene from sugarcane ethanol

Braskem leads in Latin America with green plastics from renewable ethylene. Their products support local agriculture and enable drop-in replacements in packaging and automotive industries.

Sustainability Initiatives:

• Carbon-neutral green polyethylene certification

• Production capacity expansion to 300,000 tons annually

• Research into second-generation feedstocks

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7️⃣ 4. NatureWorks LLC

Headquarters: Plymouth, Minnesota, USA
Key Offering: Ingeo polylactic acid (PLA) biopolymers

NatureWorks specializes in PLA from fermented plant sugars for tableware and 3D printing. Their facility demonstrates scalable processes with a focus on circularity and biodegradability.

Sustainability Initiatives:

• 65% lower GHG emissions than petroleum plastics

• PLA recycling infrastructure partnerships

• Plans for a second U.S. plant

Download FREE Sample Report: Bio-Based Chemicals Market – View in Detailed Research Report

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6️⃣ 5. Corbion N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Lactic acid, lactides, and bio-based emulsifiers

Corbion excels in fermentation-derived chemicals like lactic acid for bioplastics and food. Their high-purity products meet EU mandates through optimized microbial strains.

Sustainability Initiatives:

• 100% renewable energy in key facilities

• Bio-based surfactant alternatives

• 50% bio-content targets by 2025

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5️⃣ 6. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Bio-based methanol, ethylene glycol, and composites

Mitsubishi integrates bio-production into its network, focusing on methanol from biomass. They supply electronics and automotive sectors with durable, sustainable materials.

Sustainability Initiatives:

• Bio-methanol commercial scale by 2025

• Enzyme engineering collaborations

• Net-zero Scope 1 and 2 by 2040

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4️⃣ 7. LCY Biosciences (formerly BioAmber Inc.)

Headquarters: Plymouth, Minnesota, USA
Key Offering: Bio-succinic acid and derivatives for plastics and solvents

LCY Biosciences produces bio-succinic acid via yeast fermentation as a petroleum replacement. Their technology supports BDO and PBS polymers in industrial applications.

Sustainability Initiatives:

• 80% GHG reduction versus fossil succinic

• Expansion into bio-PBS packaging

• Global distribution joint ventures

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3️⃣ 8. Genomatica Inc.

Headquarters: San Diego, California, USA
Key Offering: Bio-based 1,4-butanediol (BDO) and nylon intermediates

Genomatica uses engineered microbes to produce BDO for polyurethanes and nylons. Partnerships enable bio-content in footwear and apparel with resource-efficient processes.

Sustainability Initiatives:

• Non-GMO fermentation compatibility

• Over 50% reductions in water and energy

• Waste-derived sugars for circularity

Download FREE Sample Report: Bio-Based Chemicals Market – View in Detailed Research Report

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2️⃣ 9. DuPont Tate & Lyle Bio Products Company, LLC

Headquarters: Decatur, Illinois, USA
Key Offering: Zemea 1,3-propanediol for personal care and fibers

This joint venture produces bio-PDO from corn glucose for cosmetics and apparel. Zemea offers a clean-label advantage with high purity and biodegradability.

Sustainability Initiatives:

• 100% bio-based biodegradability

• Third-party verified sustainable sourcing

• Agricultural partnerships for bio-economy

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1️⃣ 10. Cargill Incorporated

Headquarters: Minnetonka, Minnesota, USA
Key Offering: Bio-based starches, polyols, and fermentation products

Cargill supplies ingredients for bioplastics and biofuels through its stake in NatureWorks. Integration from farm to factory ensures traceable supply chains.

Sustainability Initiatives:

• Regenerative agriculture programs

• Value chain carbon reductions

• Bio-chemical commercialization alliances

Read Full Report: Bio-Based Chemicals Market – View in Detailed Research Report

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🌍 Outlook: The Future of Bio-Based Chemicals Is Greener and More Integrated

The bio-based chemicals market is undergoing a dynamic shift. While petrochemicals still dominate in volume, the industry is investing billions in renewable alternatives, biotechnology, and sustainable supply chains.

📈 Key Trends Shaping the Market:

• Rapid expansion of fermentation technologies in Europe and North America

• Regulatory incentives like EU Green Deal boosting bio-content

• Digital tools for bio-production optimization

• Alliances between chemical, biotech, and agriculture sectors

Read Full Report: Bio-Based Chemicals Market – View in Detailed Research Report

The companies listed above are not only producing essential chemicals—they’re spearheading the green transition of the chemical industry.

This research report provides a comprehensive analysis of the Bio-Based Chemicals market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Bio-Based Chemicals market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Bio-Based Chemicals, challenges faced by the industry, and potential opportunities for market players.

The global Bio-Based Chemicals market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Bio-Based Chemicals market presents opportunities for various stakeholders, including Chemical Industry, Biological Industry. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Bio-Based Chemicals market. Additionally, the growing consumer demand present avenues for market expansion.

Key Features:

The research report on the Bio-Based Chemicals market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.

Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Bio-Based Chemicals market.

Market Overview: The report provides a comprehensive overview of the Bio-Based Chemicals market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Alcohols, Organic Acids), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.

Market Dynamics: The report analyses the market dynamics driving the growth and development of the Bio-Based Chemicals market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Bio-Based Chemicals market’s trajectory.

Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Bio-Based Chemicals market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.

Market Segmentation and Forecast: The report segment the Bio-Based Chemicals market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.

Technological Trends: The report should highlight the key technological trends shaping the Bio-Based Chemicals market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.

Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Bio-Based Chemicals market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.

Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Bio-Based Chemicals, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.

Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Bio-Based Chemicals market.

Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.

Market Segmentation

Bio-Based Chemicals market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type

• Alcohols
• Organic Acids
• Ketones
• Others

Market segment by Application

• Chemical Industry
• Biological Industry
• Food Industry
• Others

Global Bio-Based Chemicals Market Segment Percentages, By Region and Country, 2023 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Major players covered

• Metabolix
• BioAmber
• Genomatica
• Cobalt Technologies
• BASF
• DowDuPont
• DuPont Tate & Lyle Bio Products
• Myriant
• BioMCN
• Corbion
• NatureWorks
• Mitsubishi Chemical
• Braskem

Outline of Major Chapters:

Chapter 1: Introduces the definition of Bio-Based Chemicals, market overview.

Chapter 2: Global Bio-Based Chemicals market size in revenue and volume.

Chapter 3: Detailed analysis of Bio-Based Chemicals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Bio-Based Chemicals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Bio-Based Chemicals capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.