The Global Biodegradable Plastics and Polymers Market is experiencing a significant surge, driven by escalating environmental concerns, stringent government regulations against single-use plastics, and growing consumer preference for sustainable products. Valued at over USD 5 Billion in 2024, the market is projected to grow at a Compound Annual Growth Rate (CAGR) of approximately 9.5% from 2024 to 2030. This robust growth reflects a global shift towards a circular economy, where materials are designed to re-enter the biosphere safely.

As industries from packaging to agriculture seek viable alternatives to conventional plastics, the focus intensifies on the innovators and producers at the forefront of this transformation. In this blog, we profile the Top 10 Companies in the Biodegradable Plastics and Polymers Industry—a dynamic group of chemical giants, specialized bioplastics firms, and emerging technology leaders shaping a more sustainable future for materials.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio®, ECOVIO M 2351, ecovio® F Film

BASF is a global chemical leader with a strong portfolio of certified compostable and biodegradable polymers. Its ecovio® product line is a high-quality, versatile bioplastic used extensively in organic waste bags, compostable packaging films, and agricultural mulch films.

Sustainability Initiatives:

• ecovio® is certified compostable according to EN 13432 and ASTM D6400.

• Active in R&D for bio-based and biodegradable solutions for various applications.

• Committed to a circular economy through product design and end-of-life solutions.

Download FREE Sample Report: Biodegradable Plastics and Polymers Market – View in Detailed Research Report

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9️⃣ 2. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Eastman Cristal™ One, Molecular Recycling Technologies

Eastman is advancing circularity through its innovative molecular recycling technologies, which break down plastic waste to its basic building blocks. While traditionally known for durable plastics, its initiatives are pivotal for creating new, high-quality materials, including pathways for biodegradable alternatives from renewable sources.

Sustainability Initiatives:

• Investing over $1 billion in a molecular recycling facility in France.

• Focusing on creating materials with recycled and bio-based content to reduce carbon footprint.

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8️⃣ 3. Showa Denko K.K.

Headquarters: Tokyo, Japan
Key Offering: Bionolle® (Biodegradable Aliphatic Polyesters)

Showa Denko is a major producer of Bionolle®, a family of biodegradable aliphatic polyesters known for their excellent processability and biodegradability in various environments, including soil and water. These are used in films, injection-molded products, and fibers.

Sustainability Initiatives:

• Decades of experience in developing and commercializing high-performance biodegradable polymers.

• Continuous improvement of Bionolle® properties to meet evolving market demands for durability and compostability.

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7️⃣ 4. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Biomaterials for various industrial applications.

DuPont has a long history of innovation in materials science. While its direct portfolio of biodegradable plastics has evolved, the company remains a key player through its advanced biomaterials research, developing high-performance, sustainable solutions for packaging, electronics, and automotive sectors.

Sustainability Initiatives:

• Commitment to incorporating circular economy principles into product design.

• R&D focus on bio-based monomers and polymers with enhanced end-of-life options.

Download FREE Sample Report: Biodegradable Plastics and Polymers Market – View in Detailed Research Report

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6️⃣ 5. Kingfa Science & Technology Co., Ltd.

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

Kingfa is one of the world’s largest producers of modified plastics and a rapidly growing force in biodegradable polymers. The company supplies massive volumes of PBAT (Polybutylene Adipate Terephthalate) and PLA compounds, crucial for the production of compostable bags and packaging, particularly in the Chinese and Asian markets.

Sustainability Initiatives:

• Significant production capacity expansion to meet China’s strict plastic ban requirements.

• Development of cost-effective biodegradable solutions tailored for high-volume applications.

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5️⃣ 6. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: BIOGRADE™ (PLA-based compounds), DURABIO™ (bio-based engineering plastic)

Mitsubishi Chemical offers a diverse portfolio of bio-based and biodegradable materials. Its BIOGRADE™ series are plant-based, compostable plastics suitable for items like cutlery, trays, and films, contributing to reducing reliance on fossil fuels.

Sustainability Initiatives:

• Focus on creating materials that are both bio-based and offer superior performance.

• Part of the Group’s KAITEKI vision, aiming for a sustainable society.

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4️⃣ 7. Novamont S.p.A.

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

Novamont is a pioneer and a world leader in the bioplastics sector. Its flagship product, Mater-Bi®, is a family of biodegradable and compostable bioplastics derived from renewable raw materials. Novamont is renowned for its integrated biorefinery model and holistic approach to product life cycle.

Sustainability Initiatives:

• Mater-Bi® is certified compostable and used globally in carrier bags, food service ware, and agriculture.

• Strong emphasis on developing integrated systems from soil to end-of-life, promoting territorial regeneration.

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3️⃣ 8. NatureWorks LLC

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

NatureWorks is a leading global producer of polylactic acid (PLA) biopolymers, marketed under the Ingeo™ brand. Ingeo™ is a versatile biopolymer made from renewable resources, used in a wide array of applications from compostable packaging and foodservice ware to fibers and nonwovens.

Sustainability Initiatives:

• World’s first and largest dedicated PLA manufacturing facility.

• Ingeo™ boasts a significantly lower carbon footprint compared to many conventional plastics.

• Investing in next-generation fermentation technologies to use a wider range of feedstocks.

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2️⃣ 9. TotalEnergies Corbion

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

TotalEnergies Corbion is a joint venture dedicated to producing and marketing Luminy® PLA bioplastics. PLA is a versatile, bio-based, and biodegradable polymer that plays a critical role in the transition to circular plastics, especially in demanding applications requiring high heat resistance.

Sustainability Initiatives:

• Production of high-performance Luminy® PLA with up to 85% reduced carbon footprint.

• Operates one of the world’s largest PLA production plants with a capacity of 75,000 tons per annum.

• Focus on developing chemically recyclable PLA to enhance circularity.

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1️⃣ 10. Danimer Scientific, Inc.

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

Danimer Scientific is a leading developer and manufacturer of PHA, a family of biopolymers that are both bio-based and biodegradable in a broad range of environments, including soil, freshwater, and marine water. Nodax® PHA is seen as a game-changer for reducing plastic pollution.

Sustainability Initiatives:

• Nodax® PHA is certified as biodegradable in marine and soil environments, addressing ocean plastic concerns.

• Major capacity expansions underway to meet growing demand for truly biodegradable plastic alternatives.

• Partnerships with major brands to develop PHA-based packaging solutions.

Get Full Report Here: Biodegradable Plastics and Polymers Market – View in Detailed Research Report

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🌍 Outlook: The Future of Biodegradable Plastics and Polymers Is Integrated and Circular

The biodegradable plastics market is at a pivotal juncture. While demand is skyrocketing, the industry faces challenges related to cost competitiveness, scalability of production, and establishing robust waste management infrastructure for compostable products. The future lies in creating integrated systems where materials are designed for their entire lifecycle.

📈 Key Trends Shaping the Market:

• Policy Push: Bans on single-use plastics in over 60 countries are creating massive market pull for alternatives.

• Technological Advancements: Innovations in feedstocks (e.g., non-food biomass, CO2) and polymerization processes are lowering costs and improving material properties.

• Brand Commitments: Major FMCG and retail corporations are setting ambitious targets for using recycled and biodegradable content in packaging.

• End-of-Life Focus: Increased investment in industrial composting facilities and development of coherent labeling standards to prevent contamination.

Get Full Report Here: Biodegradable Plastics and Polymers Market – View in Detailed Research Report

The companies profiled are not just producing materials; they are actively constructing the foundations of a circular economy, proving that high-performance plastics can coexist with a healthy planet.