The Global Green & Bio-based Plastic Additives Market was valued at USD 19.5 Billion in 2023 and is projected to reach USD 32.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period (2024–2030). This robust growth is primarily fueled by stringent global regulations on plastic waste, rising consumer demand for sustainable products, and significant corporate commitments to circular economy principles across packaging, automotive, and consumer goods sectors.

As the plastics industry pivots decisively toward reduced environmental impact and enhanced biodegradability, the companies formulating and supplying next-generation additives are at the forefront of this transformation. These specialized substances improve plastic performance while ensuring compatibility with compostability and recycling streams. In this blog, we profile the Top 10 Companies in the Green & Bio-based Plastic Additives Industry—a blend of chemical giants, specialized innovators, and sustainability-focused enterprises shaping the future of high-performance, eco-friendly plastics.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ecovio® (biodegradable plastics), bio-based plasticizers, and light stabilizers

BASF is a global leader in the chemical industry with a significant and growing portfolio of sustainable plastic solutions. Its Ecovio® range is a certified compostable, biobased polymer widely used in organic waste bags, compostable packaging, and agricultural films. The company actively develops additives that enhance the performance and end-of-life characteristics of bioplastics.

Sustainability Initiatives:

• Committed to achieving CO2-neutral growth by 2030

• Heavy investment in R&D for bio-based and biodegradable additive technologies

• Partnerships across the value chain to promote circular economy models for plastics

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9️⃣ 2. Clariant AG

Headquarters: Muttenz, Switzerland
Key Offering: Bio-based additives, halogen-free flame retardants, and performance stabilizers

Clariant is a specialty chemicals company renowned for its focus on sustainability. Its Additives business unit offers a portfolio of solutions designed to improve the sustainability profile of plastics, including bio-based additives that enhance processing, durability, and recyclability without compromising on performance.

Sustainability Initiatives:

• Innovation in additives that facilitate mechanical and chemical recycling

• Development of solutions that reduce the carbon footprint of plastic products

• Integration of bio-based raw materials into its additive chemistries

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8️⃣ 3. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: Bio-derived polyolefins, compatibilizers for recycled content, and performance additives

Dow is a materials science leader actively transforming its portfolio to align with circularity. While known for its polymers, Dow also develops critical additives that enable the use of recycled and bio-based plastics in demanding applications, such as packaging and infrastructure.

Sustainability Initiatives:

• “Transform the Waste” goal to stop the waste by enabling 1 million metric tons of plastic to be collected, reused, or recycled by 2030

• Investment in advanced recycling technologies that require specific additive packages

• Development of additives that improve the performance of plastics with high recycled content

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7️⃣ 4. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: VESTAMID® Terra (bio-based polyamides), silica-based additives, and defoamers

Evonik specializes in specialty chemicals and has a strong focus on high-performance materials derived from sustainable sources. Its bio-based polyamides and complementary additive systems are used in automotive, electronics, and consumer goods to reduce reliance on fossil fuels.

Sustainability Initiatives:

• Strategic focus on “Next Generation Solutions” that generate over 50% of sales from products with superior sustainability benefits

• R&D in additives that enhance the biodegrability and compostability of polymers

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6️⃣ 5. Arkema Group

Headquarters: Colombes, France
Key Offering: Bio-based polyamide 11 (Rilsan®), specialty plasticizers, and impact modifiers

Arkema is a global leader in specialty materials and advanced chemicals. Its flagship Rilsan® polyamide 11 is 100% derived from castor beans, offering high performance with a reduced carbon footprint. The company also provides a range of additives tailored for bio-based and biodegradable polymers.

Sustainability Initiatives:

• Targeting 100% of R&D projects to have a eco-design dimension by 2030

• Commitment to the UN’s Sustainable Development Goals (SDGs) integrated into product development

• Expanding its portfolio of bio-circular solutions

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5️⃣ 6. Songwon Industrial Co., Ltd.

Headquarters: Ulsan, South Korea
Key Offering: Sustainable stabilizers, antioxidants, and PVC additives

Songwon is one of the world’s leading producers of polymer stabilizers. The company has been actively expanding its portfolio to include more sustainable options, focusing on additives that extend the life of plastics, facilitate recycling, and are compatible with bio-based feedstocks.

Sustainability Initiatives:

• Development of additive systems that improve the processability and longevity of recycled plastics

• Focus on creating products with a lower environmental footprint throughout their lifecycle

• Commitment to responsible manufacturing practices and product stewardship

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4️⃣ 7. LANXESS AG

Headquarters: Cologne, Germany
Key Offering: Green plasticizers (e.g., Mesamoll®), flame retardants, and lubricants

LANXESS is a leading specialty chemicals company with a strong portfolio of additives for the plastics industry. The company offers “green” alternatives to traditional additives, such as phthalate-free plasticizers, which are critical for applications like flooring, cables, and toys.

Sustainability Initiatives:

• Focus on developing safe and sustainable alternatives to substances of concern

• Integration of sustainability criteria into product development and innovation processes

• Active participation in industry initiatives for circular economy and product safety

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3️⃣ 8. Sabic

Headquarters: Riyadh, Saudi Arabia
Key Offering: Certified circular polymers (from advanced recycling), biocompatible compounds, and performance additives

SABIC is a global petrochemicals leader with a strong strategic push into circular and sustainable solutions. While its core is polymers, the company develops and utilizes advanced additive packages that are essential for its Trucircle™ portfolio of circular and bio-based products.

Sustainability Initiatives:

• Ambitious goals for commercial-scale production of certified circular polymers

• Investment in technologies like chemical recycling that require specialized additive solutions

• Focus on creating material solutions that are designed for recyclability from the outset

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2️⃣ 9. Emery Oleochemicals

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Bio-based plasticizers, lubricants, and polymer modifiers derived from natural oils

Emery Oleochemicals is a leading global producer of oleochemicals, with a deep expertise in transforming natural fats and oils into high-performance, bio-based additives. Their products offer sustainable alternatives to petroleum-based additives, particularly as plasticizers for flexible PVC and other polymers.

Sustainability Initiatives:

• Core business model built on renewable, biodegradable, and non-toxic raw materials

• Focus on providing solutions that meet stringent regulatory standards for safety and sustainability

• Active in developing next-generation bio-based additives with enhanced performance

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1️⃣ 10. Bio-Tec Environmental

Headquarters: Albuquerque, New Mexico, USA
Key Offering: EcoPure® biodegradable additives, Bio-Batch® masterbatches

Bio-Tec Environmental is a pioneer and specialist in biodegradable plastic additives. Its flagship EcoPure® additive is designed to allow conventional plastics to biodegrade in microbiologically active environments, such as landfills, without disrupting recycling streams. This provides a crucial end-of-life solution for hard-to-recycle plastic items.

Sustainability Initiatives:

• Dedicated solely to developing solutions for plastic waste reduction

• Products are independently tested and certified to meet international biodegradability standards (e.g., ASTM D5511)

• Focus on enabling a practical waste management pathway for single-use and durable plastics

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Green & Bio-based Plastic Additives Market – View in Detailed Research Report

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🌍 Outlook: The Future of Plastics Is Intelligent and Sustainable

The green and bio-based plastic additives market is undergoing a fundamental transformation. While traditional additives still serve a vast market, the innovation capital is flowing into solutions that enable circularity, biodegradability, and reduced carbon footprint. The key to success lies in developing additives that do not compromise the performance demanded by modern applications.

📈 Key Trends Shaping the Market:

• Regulatory Acceleration: Bans on single-use plastics and extended producer responsibility (EPR) laws are pushing brands to adopt sustainable additives.

• Advanced Recycling Compatibility: Additives that survive and perform in chemical recycling processes are becoming critical for circular economy models.

• Bio-based Feedstock Integration: Increased use of non-food competing biomass (e.g., agricultural waste, algae) for additive production.

• Multifunctional Additives: Development of single additives that provide multiple benefits (e.g., stabilization plus biodegradability) to simplify formulations and reduce costs.

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Green & Bio-based Plastic Additives Market – View in Detailed Research Report

The companies profiled above are not just supplying chemicals; they are providing the essential enabling technologies for a more sustainable plastics industry. Their innovations are crucial for reducing plastic pollution, conserving fossil resources, and building a truly circular economy.