The Global PBAT Degradable Material Market was valued at USD 1.2 Billion in 2025 and is projected to reach USD 3.1 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period (2024–2034). This robust growth is being driven by stringent global regulations against single-use plastics, a rising consumer preference for eco-friendly products, and significant investments in bioplastics manufacturing capacity worldwide.

As the world accelerates its transition toward a circular economy, the focus intensifies on the material innovators providing viable, high-performance alternatives to conventional plastics. In this blog, we profile the Top 10 Companies in the PBAT Degradable Material Industry—a dynamic mix of established chemical giants and ambitious new players shaping the future of sustainable packaging, agriculture, and beyond.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio® (PBAT-based compostable polymer)

BASF is a global chemical leader and a pioneer in the development of biodegradable polymers. Its ecovio® product line is a high-quality, certified compostable material based on PBAT, designed for applications such as organic waste bags, compostable packaging films, and agricultural mulch films. The company leverages its extensive R&D capabilities to continuously improve material performance and expand application possibilities.

Sustainability Initiatives:

• Commitment to carbon-neutral growth until 2030

• Strong focus on creating solutions for the circular economy

• Partnerships with waste management organizations to ensure proper end-of-life for compostable products

Download FREE Sample Report: PBAT Degradable Material Market – View in Detailed Research Report

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9️⃣ 2. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi® (family of biodegradable and compostable bioplastics, including PBAT blends)

Novamont is an Italian pioneer in the bioplastics sector, renowned for its Mater-Bi® technology. The company integrates chemistry, agriculture, and the environment to develop products that reduce plastic pollution. Its PBAT-based solutions are central to its portfolio, offering excellent performance for shopping bags, food service ware, and agricultural films, with a strong emphasis on creating integrated supply chains from renewable raw materials.

Sustainability Initiatives:

• Development of integrated biorefineries to produce bio-based monomers

• Active promotion of separate collection and composting of biowaste

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8️⃣ 3. Xinjiang Lanshan Tunhe Chemical Co., Ltd.

Headquarters: Urumqi, Xinjiang, China
Key Offering: PBAT Resins for various applications

Xinjiang Lanshan Tunhe Chemical is a major Chinese producer of PBAT, benefiting from significant domestic production capacity. The company plays a crucial role in supplying the growing Asian market, which is driven by China’s strict plastic ban policies. It is focused on scaling up production to meet the surge in demand for biodegradable alternatives in packaging and agriculture.

Sustainability Initiatives:

• Investing in large-scale PBAT production facilities to support national environmental goals

• Focusing on cost reduction through economies of scale to make PBAT more competitive

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7️⃣ 4. Kingfa Sci. & Tech. Co., Ltd.

Headquarters: Guangzhou, Guangdong, China
Key Offering: PBAT compounds and blends

Kingfa Science & Technology is one of the world’s leading manufacturers of modified plastics and a significant player in the biodegradable plastics market. The company produces a range of PBAT-based compounds tailored for different applications, leveraging its strong technical expertise in polymer modification to enhance material properties for specific end-uses.

Sustainability Initiatives:

• Extensive R&D investment in biodegradable and bio-based materials

• Strategic expansion of biodegradable polymer production capacity

Download FREE Sample Report: PBAT Degradable Material Market – View in Detailed Research Report

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6️⃣ 5. Hengli Petrochemical Co., Ltd.

Headquarters: Dalian, Liaoning, China
Key Offering: PBAT resin

Hengli Petrochemical, a major player in the petrochemical industry, has strategically entered the PBAT market, leveraging its vast experience in chemical production and integrated supply chains. The company is investing heavily in new PBAT production lines, positioning itself as a key supplier to both domestic and international markets seeking scalable sources of biodegradable polymers.

Sustainability Initiatives:

• Diversifying from traditional petrochemicals into green materials

• Large-capacity investments aimed at driving down the cost of PBAT

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5️⃣ 6. Sinopec Yizheng Chemical Fibre Co., Ltd.

Headquarters: Yizheng, Jiangsu, China
Key Offering: PBAT for fibers and films

As a subsidiary of the Sinopec Group, one of China’s largest petroleum and chemical enterprises, Sinopec Yizheng Chemical Fibre brings substantial resources to the PBAT market. The company utilizes its expertise in polymer processing to produce PBAT suitable for a variety of applications, particularly focusing on the fiber and textile sectors for biodegradable non-wovens and other products.

Sustainability Initiatives:

• Leveraging state-owned enterprise resources to support national environmental policies

• Exploring bio-based routes for PBAT production to enhance sustainability credentials

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4️⃣ 7. Jin Hui Zhao Long High Technology Co., Ltd.

Headquarters: Xinjiang, China
Key Offering: PBAT biodegradable materials

Jin Hui Zhao Long High Technology is a specialized manufacturer focused on biodegradable materials, with a significant presence in the Chinese PBAT market. The company is actively expanding its production capabilities to capitalize on the domestic demand created by plastic restrictions, supplying resin to converters producing films, bags, and other disposable items.

Sustainability Initiatives:

• Dedicated focus on manufacturing materials that support waste reduction

• Aligning business strategy with China’s “dual carbon” goals

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3️⃣ 8. Gansu Mogao Industrial Development Co., Ltd.

Headquarters: Jiuquan, Gansu, China
Key Offering: PBAT resins and compounds

Gansu Mogao is another key Chinese manufacturer contributing to the rapidly growing domestic supply of PBAT. Located in Western China, the company is part of the regional industrial development focused on new materials. It produces PBAT that meets international compostability standards, catering to both local and export markets.

Sustainability Initiatives:

• Producing certified compostable polymers to facilitate proper waste management

• Supporting the development of a regional green chemical industry cluster

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2️⃣ 9. Hangzhou Xinfu Science & Technology Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Customized PBAT compounds

Hangzhou Xinfu Science & Technology specializes in the research, development, and production of biodegradable polymer materials. The company focuses on creating high-performance PBAT blends tailored for specific customer requirements, particularly in the flexible packaging and disposable tableware sectors, emphasizing technical service and application development.

Sustainability Initiatives:

• Innovation in creating PBAT blends with improved properties for broader applications

• Collaboration with brands to develop customized sustainable packaging solutions

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1️⃣ 10. Chang Chun Group

Headquarters: Taipei, Taiwan
Key Offering: ECOHOME® Eco-friendly biodegradable materials (including PBAT)

Chang Chun Group, a diversified chemical company based in Taiwan, has developed its ECOHOME® series of biodegradable materials. The company produces PBAT and PBAT/PLA blends, targeting applications such as shopping bags, packaging films, and disposable products. With a strong foothold in the Asian market, it is expanding its reach as global demand for compostable plastics increases.

Sustainability Initiatives:

• Development of comprehensive biodegradable material portfolios

• Commitment to reducing environmental impact through innovative chemical solutions

Get Full Report Here: PBAT Degradable Material Market – View in Detailed Research Report

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🌍 Outlook: The Future of PBAT Is Integrated and Innovative

The PBAT degradable material market is undergoing a transformative expansion. While it currently serves as a vital drop-in solution for conventional plastics, the industry’s future lies in integrated biorefineries, advanced blends, and global infrastructure development for composting.

📈 Key Trends Shaping the Market:

• Massive capacity expansion in China, positioning it as the global PBAT production hub

• Increasing regulatory mandates for compostable packaging and bags in Europe, North America, and Asia

• R&D focus on improving PBAT’s performance characteristics, such as barrier properties and home-compostability

• Strategic partnerships between material producers, brand owners, and waste management companies to create closed-loop systems

Get Full Report Here: PBAT Degradable Material Market – View in Detailed Research Report

The companies listed above are not only supplying a critical material for a sustainable future—they are actively building the infrastructure and innovation necessary for a world without plastic pollution.