Bioplastics and Biopolymers Market Regional Analysis

Bioplastics and Biopolymers Market size was valued at USD 15.3 billion in 2023 and is poised to grow from USD 19.0 billion in 2024 to USD 107.59 billion by 2032, growing at a CAGR of 24.2% during the forecast period (2025-2032).

Competition in the global Bioplastics and Biopolymers market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of Products compatible with Bioplastics and Biopolymers will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'NatureWorks LLC (United States) ', 'Danimer Scientific (United States) ', 'BASF SE (Germany) ', 'TotalEnergies Corbion (Netherlands) ', 'Mitsubishi Chemical Corporation (Japan) ', 'Evonik Industries AG (Germany) ', 'Eastman Chemical Company (United States) ', 'Berry Global Group, Inc. (United States) ', 'Amcor plc (Switzerland) ', 'Solvay SA (Belgium) ', 'Covestro AG (Germany) ', 'Wacker Chemie AG (Germany) ', 'Asahi Kasei Corporation (Japan) ', 'Novozymes A/S (Denmark) ', 'Mitsui Chemicals, Inc. (Japan) ', 'Futamura Chemical Company Limited (Japan) ', 'Biome Bioplastics Limited (United Kingdom) ', 'TIPA Corp Ltd (Israel) ', 'Polymateria Ltd (United Kingdom) ', 'Plantic Technologies Limited (Australia)', 'In March 2022, NatureWorks signed an agreement with ABB technology for automation of a new bioplastics plant in Thailand. The advancements are aimed at expanding production capacity of polylactic acid (PLA) to cater to the growing industry demand for sustainable materials.', 'In April 2022, Owner of the allegedly $100 million New Jersey deli, Hometown International, has consented to merge with Makamer, a producer of bioplastics. Your Hometown Deli in Paulsboro won't be run by the corporation that results from the merger, but a staff member there confirmed that the restaurant will stay open following the merger. It's unclear how the approximately 60 Hometown International shareholders will fare financially after the purchase.'

Consumers all across the globe are now aware of the side effects caused by plastics on the environment.The traditional plastics, which are mainly the part of society, requires a very long time to separate and degrade along with the time, and they lie in the landfill for significant time.Countering this problem, these biodegradable plastics and polymers are quickly separated and disposed and retained through recycling into normal framework. Moreover, the peace of the decay of biodegradable and biopolymer plastics.By the exercise of microorganism is far more swifter than the traditional plastics.

One of the major trends of bioplastics and biopolymer market is usage of starch piece products.To impart some level of biodegradability to the resulting composites, starch is generally incorporated into traditional plastics.The blends of the star are excellent biodegradable due to the several properties like thermal stability and low interference with the melt flow properties of most of the material.

Globally, North America is estimated to hold the largest global Bioplastics and Biopolymers market share in 2021. Main factors during this growth period is the presence of top market players such as BASF SE,Corbion NV and others. Along with this extensive views of bioplastics and biopolymers in various Indus industry sectors is helping North America to dominate this market.