Global Bioplastics Market is estimated to be valued at USD 13.18 Bn in 2025 and is expected to reach USD 48.66 Bn by 2032, growing at a compound annual growth rate (CAGR) of 20.5% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 13.18 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
20.50%
2032 Value Projection:
USD 48.66 Bn
Figure. Bioplastics Market Share (%), By Region 2025
The global bioplastics market has been witnessing significant growth in recent years driven by the growing awareness about environmental protection. Bioplastics are plastics derived from renewable biomass sources such as vegetable fats and oils, corn starch, or microbiota and are known to have lower carbon footprint than conventional plastics. The increasing demand for eco-friendly products from end-use industries like packaging, textile, consumer good and rising government investments in bioplastics research and development are expected to propel the market expansion during the forecast period. However, high manufacturing costs and lack of awareness among consumers still limits the mass adoption of bioplastics.
Market Dynamics:
The key drivers boosting the global bioplastics market include growing environmental concerns regarding excessive plastic waste, regulations banning usage of conventional plastics and incentives by governments worldwide to promote sustainable alternatives. The opportunities lie in developing cost-effective production technologies and collaborating with FMCG giants to increase product awareness. However, high raw material and production costs compared to ordinary plastics continue to restrain the market. Also, limited performance capabilities versus petroleum-based plastics challenge widespread replacement possibilities.
Key Features of the Study:
This report provides in-depth analysis of the global bioplastics market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global bioplastics market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Teijin Limited, Toray Industries, Inc., Toyota Tsusho Corporation, Avantium, PTT MCC Biochem Co., Ltd., An Phat Holdings, NatureWorks LLC, SABIC, BASF SE, Futerro, Trinseo S.A., Braskem, Total Corbion PLAIR, SUPLA (JIANGSU SUPLA BIOPLASTICS CO., LTD.), Solvay, Shenzhen Ecomann Biotechnology Co. Ltd., Biome Bioplastics, and FKuR
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global bioplastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bioplastics market.
Detailed Segmentation-
By Product:
Biodegradable
Polylactic Acid
Starch Blends
Polybutylene Adipate Terephthalate (PBAT)
Polybutylene Succinate (PBS)
Others
Non-biodegradable
Polyethylene
Polyethylene Terephthalate
Polyamide
Polytrimethylene Terephthalate
Others
By Application:
Packaging
Agriculture
Consumer goods
Textile
Automotive & Transportation
Building & Construction
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Teijin Limited
Toray Industries, Inc.
Toyota Tsusho Corporation
Avantium
PTT MCC Biochem Co., Ltd.
An Phat Holdings
NatureWorks LLC
SABIC
BASF SE
Futerro
Trinseo S.A.
Braskem
Total Corbion PLAIR
SUPLA (JIANGSU SUPLA BIOPLASTICS CO., LTD.)
Solvay
Shenzhen Ecomann Biotechnology Co. Ltd.
Biome Bioplastics
FKuR
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Bioplastics Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Bioplastics Market
Impact Analysis
5. Global Bioplastics Market, By Product, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Biodegradable
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Sub Segment Trends
Polylactic Acid
Starch Blends
Polybutylene Adipate Terephthalate (PBAT)
Polybutylene Succinate (PBS)
Others
Non-biodegradable
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Sub Segment Trends
Polyethylene
Polyethylene Terephthalate
Polyamide
Polytrimethylene Terephthalate
Others
6. Global Bioplastics Market, By Application, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Packaging
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Agriculture
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Consumer goods
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Textile
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Automotive & Transportation
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Building & Construction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
7. Global Bioplastics Market, By Region, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021-2032
North America
Introduction
Market Size and Forecast, By Product, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Product, 2020 - 2032, (US$ Bn & KT))
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Product, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Product, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Product, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032 (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)