Top 10 Companies in the Bio Based Molecule Industry (2024): Market Leaders Powering the Global Green Transition

In Business Insights
December 05, 2025


The Global Bio-based Molecule Market was valued at USD 49.8 Billion in 2023 and is projected to reach USD 98.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period (2024–2030). This robust growth is fueled by escalating demand for sustainable alternatives across industries, stringent environmental regulations, and significant investments in biorefining technologies for applications in biofuels, bioplastics, and specialty chemicals.

As the global economy pivots towards circularity and decarbonization, the focus intensifies on the pioneering companies developing and supplying bio-based building blocks. These molecules, derived from renewable biomass, are fundamental to creating a more sustainable future. In this blog, we profile the Top 10 Companies in the Bio-based Molecule Industry—a dynamic mix of established chemical giants, specialized biotech firms, and renewable energy leaders shaping the future of green chemistry.

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


🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Bio-based Succinic Acid, 1,4-Butanediol (BDO), Polyols

BASF is a global chemical leader with a dedicated focus on developing bio-based alternatives to fossil-fuel-derived molecules. Its “Verbund” integrated production system is increasingly incorporating renewable feedstocks, and it offers a growing portfolio of certified bio-based products for various downstream industries.

Innovation & Sustainability Initiatives:

  • Partnerships with biotech firms like Solenis for bio-based additives

  • Production of bio-based succinic acid through its joint venture, Succinity GmbH

  • Commitment to climate-neutral growth by 2030


9️⃣ 2. Gevo, Inc.

Headquarters: Englewood, Colorado, USA
Key Offering: Isobutanol, Renewable Jet Fuel (SAF), Isooctane

Gevo is a pioneer in the development of bio-based hydrocarbons, particularly isobutanol, which serves as a versatile platform molecule for fuels and chemicals. The company’s proprietary technology focuses on converting renewable carbohydrates into low-carbon products.

Innovation & Sustainability Initiatives:

  • Net-Zero 1 Project: A landmark facility to produce sustainable aviation fuel (SAF) with a net-zero greenhouse gas footprint

  • Strategic offtake agreements with major airlines including Delta and Scandinavian Airlines


8️⃣ 3. Braskem S.A.

Headquarters: São Paulo, Brazil
Key Offering: Green Ethylene, Bio-based Polyethylene (Green PE), Bio-based EVA

Braskem is the world’s leading producer of biopolymers, most notably its “I’m greenTM” bio-based polyethylene derived from sugarcane ethanol. The company leverages Brazil’s abundant biomass resources to create a wide array of renewable chemicals and materials.

Innovation & Sustainability Initiatives:

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

  • R&D into chemical recycling and new bio-based routes to key monomers

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


7️⃣ 4. DSM-Firmenich

Headquarters: Kaiseraugst, Switzerland
Key Offering: Bio-based Vitamin E, Sustainable Aroma Ingredients, Bio-based Resins

DSM-Firmenich, formed by the merger of two industry leaders, is a powerhouse in nutrition, health, and sustainable living. The company excels in using biotechnology to produce high-value bio-based molecules, particularly for the food, fragrance, and materials sectors.

Innovation & Sustainability Initiatives:

  • Pioneering bio-based routes for vitamins and fragrance ingredients

  • Use of advanced fermentation and precision fermentation technologies


6️⃣ 5. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Bio-based Sorona® Polymer, Renewable Enzymes, Biomaterials

DuPont holds a strong position in industrial biotechnology, offering bio-based materials like Sorona®, which is partially derived from renewable plant-based ingredients. Its expertise in enzymes and microbial technologies is critical for efficient biomass conversion.

Innovation & Sustainability Initiatives:

  • Sorona® polymer contains 37% annually renewable plant-based ingredients by weight

  • Development of high-performance enzymes for biofuel production and advanced biorefining


5️⃣ 6. Novozymes A/S

Headquarters: Bagsværd, Denmark
Key Offering: Industrial Enzymes, Microorganisms, Bioprotection Solutions

Novozymes is the global leader in biological solutions, specializing in enzymes and microorganisms that are essential for producing bio-based molecules. Their products enable more efficient and sustainable production processes across agriculture, bioenergy, and household care.

Innovation & Sustainability Initiatives:

  • Over 700 products in its portfolio used to enable bio-based production

  • Strategic collaborations with major corporations to develop novel bioprocesses


4️⃣ 7. NatureWorks LLC

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

NatureWorks is a world-leading manufacturer of polylactic acid (PLA) biopolymers, marketed under the Ingeo™ brand. These bioplastics are derived from renewable plant sugars and serve as a direct replacement for many conventional plastics in packaging, fibers, and durable goods.

Innovation & Sustainability Initiatives:

  • Operates one of the largest PLA production plants globally

  • Developing next-generation lactide monomers to expand PLA performance and applications

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


3️⃣ 8. TotalEnergies Corbion

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

TotalEnergies Corbion is a joint venture dedicated to producing and marketing Luminy® PLA resins. This high-performance bioplastic is compostable, recyclable, and has a low carbon footprint, making it a key material for the circular economy.

Innovation & Sustainability Initiatives:

  • Pioneering the production of heat-stable PLA for high-temperature applications

  • Commitment to using 100% renewable energy at its production sites


2️⃣ 9. Cargill, Incorporated

Headquarters: Minnetonka, Minnesota, USA
Key Offering: Bio-based Oleochemicals, Starches, Sweeteners

Cargill leverages its vast agricultural supply chain to produce a wide range of bio-based molecules. From plant-based oils and starches to fermentation-derived ingredients, Cargill is a major supplier of renewable feedstocks for the chemical and food industries.

Innovation & Sustainability Initiatives:

  • Investments in biotechnology startups and partnerships for novel bio-production routes

  • Development of bio-based acrylic acid and other chemical intermediates


1️⃣ 10. Genomatica, Inc.

Headquarters: San Diego, California, USA
Key Offering: Bio-based 1,4-Butanediol (BDO), Brontide® Butylene Glycol, Hexamethylenediamine (HMDA)

Genomatica is a technology leader engineering microorganisms to produce widely-used chemicals from renewable feedstocks. Its proprietary process technology enables the cost-effective, sustainable production of key intermediates like BDO, bypassing traditional petroleum-based routes.

Innovation & Sustainability Initiatives:

  • Licensing its BDO technology to major chemical producers worldwide

  • Successful scaling and commercialization of bio-based HMDA, a nylon precursor

Get Full Report Here: Bio Based Molecule Market – View in Detailed Research Report


🌍 Outlook: The Future of Bio-based Molecules is Integrated and Scalable

The bio-based molecule market is at a pivotal juncture. While niche applications have been established, the industry is now focusing on scaling production and achieving cost parity with petrochemicals to enable mainstream adoption across global supply chains.

📈 Key Trends Shaping the Market:

  • Advancements in synthetic biology and fermentation efficiency are driving down production costs.

  • Growing corporate and government mandates for recycled and bio-based content in products.

  • Increased investment in integrated biorefineries that can process diverse biomass feedstocks.

  • Strategic partnerships between chemical companies and biotechnology firms to accelerate commercialization.

Get Full Report Here: Bio Based Molecule Market – View in Detailed Research Report

The companies listed above are not only supplying essential green chemicals—they’re fundamentally re-engineering the chemical industry’s foundation for a sustainable future.