Bioplastics Market is set to reach US$ 63.5 billion by 2031, Growing at a strong CAR of 18.4%. Asia Pacific leads the market with 41% market share.

Bioplastics Market was US$ 11.5 billion in 2023 and is expected to reach US$ 63.5 billion by 2031, growing with a CAGR of 18.4% during the forecast period 2025-2031.

Bioplastics are eco-friendly materials derived from renewable or biodegradable sources, offering sustainable alternatives to conventional plastics while reducing carbon footprint across packaging, automotive, agriculture, and consumer goods industries.

DataM Intelligence unveils its latest report on the "Bioplastics Market size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

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United States: Key Industry Developments (2025)

✅ November 2025: CJ Biomaterials won the 2025 Innovation in Bioplastics award for its new PHACT A1000P material a fully bio-based, industrially and home compostable PHA copolymer offering enhanced flexibility and toughness for flexible/rigid packaging and foodservice applications.

✅ September 2025: One World Products completed the acquisition of Eco Bio Plastics, strengthening its U.S. sustainable materials portfolio and bolstering production capacity for plant-based and biodegradable plastics servicing consumer goods, food-service, and automotive sectors.

✅ May 2025: Intec Bioplastics, Inc. launched EarthPlus® Hercules BioflexTM Stretch Wrap, a new sustainable packaging bioplastic designed for pallet and food wrapping that enhances performance while improving compostability compared to conventional films.

Japan: Key Industry Developments (2025)

✅ July 2025: Teijin Group introduced biomass-derived polycarbonate resin pipes used in the world's first bioplastic pipe organ showcased at Expo 2025 Osaka, exemplifying innovative culture/design applications of bioplastic materials in creative and industrial sectors.

✅ July 2025: Japan's major oil refiners began domestic production of bio-naphtha-derived bioplastics, a new feedstock source tied to sustainable aviation fuel (SAF) production that's expected to steadily increase local bioplastic supply capacity during 2025 and beyond.

✅ June 2025: Nagase Viita Co. received its third registration with the Japan BioPlastics Association (JBPA) for a marine-biodegradable isomaltodextrin additive, reflecting Japan's progress in compostable and marine-safe bioplastic formulations.

📌 Bioplastics Market 2025-26 M&A Deals
→ In June 2025, Teknor Apex, a U.S.-based plastics materials company, acquired Danimer Scientific, a bioplastics firm specializing in biodegradable polymers, for approximately $19 million. This acquisition strengthens Teknor Apex's sustainable materials portfolio by incorporating Danimer's bio-based and compostable plastics technologies, including PHA and PLA materials.

→ In July 2025, One World Products acquired Eco Bio Plastics, a Michigan-based bioplastics manufacturer producing plant-based and biodegradable plastics used in packaging and consumer goods, in a deal worth $600,000. This deal boosts One World's in-house bioplastics capabilities and supports its expansion into sustainable materials for automotive and reusable products.

→ In April 2025, NatureWorks (a major bioplastics producer) announced a strategic partnership with BASF SE to co-develop next-generation biopolymer solutions aimed at enhancing recyclability and compostability across a range of packaging applications.

Bioplastics Market Drivers:-
⏩ Governments worldwide are enacting stringent bans and restrictions on single-use plastics, forcing manufacturers to adopt biodegradable or compostable alternatives.

⏩ Regulatory frameworks such as the EU Single-Use Plastics Directive and emerging restrictions in major Asian and North American markets are accelerating shifts in material procurement and supply chain strategies.

⏩ These mandates amplify demand for bioplastics in packaging, food service, and consumer goods, collectively accounting for over half of total market consumption.

⏩ Consumers are actively choosing products marketed as bio-based, compostable, or lower carbon footprint, with surveys showing meaningful willingness to pay premiums.

⏩ Bioplastics production is positioned as significantly less carbon-intensive compared to fossil-based plastics, consuming roughly 66 % less energy in some manufacturing contexts and offering up to 42 % lower lifecycle carbon emissions depending on feedstock and end use.

⏩ Polylactic acid (PLA), polyhydroxyalkanoates (PHA), and starch-blend bioplastics are evolving with improved mechanical properties, cost competitiveness, and wider industrial applicability.

⏩ Strategic partnerships and new production plants (e.g., PLA facilities leveraging sugarcane feedstock) are scaling capabilities and pushing down unit costs.

⏩ Firms are converting agricultural waste and biomass by-products into polymer precursors, linking the bioplastics story to circular economy and waste valorization initiatives.

⏩ Automotive lightweight, renewable materials to support fuel efficiency and emissions goals.

⏩ Agriculture biodegradable mulch films and biodegradable plant pots.

⏩ Consumer Goods & Electronics eco-branded products appealing to environmentally conscious buyers.

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Bioplastics Major Players:-
BASF, NatureWorks, Braskem, Novamont, Mitsubishi Chemical, Arkema, and TotalEnergies Corbion.

Key players highlights:-
NatureWorks - Leads with around 25% share, driven by PLA Ingeo production and strong global footprint.
Braskem - Holds about 20% share, major sugarcane‐based bio‐PE supplier worldwide.
BASF - Commands roughly 12.6% share via its Ecovio®/Ecoflex® compostable bioplastics.
Novamont - Controls approximately 10.7% share with Mater‐Bi® compostable polymers.
TotalEnergies Corbion - Has about 8.5% share in PLA and renewable materials.

Bioplastics Regional Highlights

Asia-Pacific
Asia Pacific
Asia Pacific holds the largest regional share (41%) of the global bioplastics market, led by China, India, Japan and South Korea with extensive packaging and sustainability adoption.
Strong manufacturing capacity and government policies toward reduction of conventional plastics continue to fuel growth in the region.

Europe
Europe accounts for about 27% of the bioplastics market share, supported by stringent environmental regulations and high adoption of bio‐based materials.
The region is a global leader in biodegradable applications and sustainable packaging mandates.

North America
North America represents approximately 24% of the global bioplastics market, with strong demand from packaging, automotive, and 3D printing sectors.
The U.S. is the dominant market in the region driven by sustainability policies and innovation in bio‐polymers

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Bioplastics segmentation :

By Type:
Biodegradable: Eco-friendly plastics that naturally decompose over time.
Non-Biodegradable: Plastics with longer lifespan, designed for durability and repeated use.

By End-User:
Packaging: Used for food, beverages, and retail packaging solutions.
Consumer Goods: Includes electronics, household items, and personal care products.
Agriculture: Films, mulch, and other applications to support sustainable farming.
Automotive & Transportation: Interior parts, panels, and lightweight components.
Textile: Fibers and fabrics derived from bioplastics for sustainable fashion.

FAQ'S
1. What are bioplastics, and how do they differ from conventional plastics?
Bioplastics are derived from renewable biomass sources like corn, sugarcane, or cellulose, unlike conventional plastics which are petroleum-based. They are often biodegradable and more environmentally friendly.

2. What factors are driving the growth of the bioplastics market?
Key growth drivers include increasing environmental concerns, government regulations promoting sustainable materials, rising consumer demand for eco-friendly products, and advancements in bioplastic technology.

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