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Bioplastics Market - Key Industry Dynamics

06-13-2025 08:07 AM CET | Chemicals & Materials

Press release from: The Insight Partners

/ PR Agency: The Insight Partners

The bioplastics market size is projected to reach US$ 19.43 billion by 2031 from US$ 7.20 billion in 2023. The market is expected to register a CAGR of 13.2% in 2023-2031. The increasing focus on innovation and technological advancement is likely to remain key bioplastics market trends. The growing environmental concerns and a global endeavor to lessen pollution is driving the demand for biodegradable plastics in the packaging sector across the globe. In addition, the demand for bioplastics in the packaging industry is expected to grow due to the rising need for different healthcare products.

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Top Key Major Players:-
Teijin Limited
Toray Industries, Inc.
Sabic
BASF SE
Total Corbion PLA
Braskem S.A.
Biome Bioplastics
Mitsubishi Chemical Corporation
Novamont S.P.A.
Natureworks LLC.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.

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Ankit Mathur
Sr. Vice President - Research
sales@theinsightpartners.com

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