Top Bioplastics Companies

A major driver of the Global Bioplastics Market is the growing environmental awareness combined with strict government regulations targeting plastic waste. Conventional plastics take hundreds of years to degrade, leading to rising landfill accumulation, ocean pollution, and greenhouse gas emissions. This has prompted global initiatives, such as the EU’s Single-Use Plastics Directive and bans on non-biodegradable packaging in several countries. As a result, industries are under pressure to adopt eco-friendly alternatives. Bioplastics, being biodegradable and often derived from renewable resources, present a viable solution, creating significant demand across packaging, retail, and consumer goods sectors.

Industry Overview

According to SkyQuest Technology “Global Bioplastics Market” By Product (Biodegradable, Non-Biodegradable) By Application (Packaging, Agriculture), By Distribution Channel, By Region - Industry Forecast 2025-2032,” global Bioplastics market is projected to grow at a CAGR of over 20.6% by 2032, on account of urgent need for automating quantified data. A crucial factor enabling the expansion of the bioplastics market is continuous technological innovation in raw material development and production methods. Traditional bioplastics often faced challenges like high costs, limited durability, and competition with food crops for feedstock.

Top 10 Global Bioplastics Companies

1. NatureWorks LLC

NatureWorks LLC is a global leader in sustainable materials, specializing in the production of Ingeo™ polylactic acid (PLA) biopolymers derived from renewable plant resources. Established in 1997 and headquartered in Plymouth, Minnesota, the company has grown into one of the largest producers of bioplastics worldwide, serving industries across packaging, agriculture, textiles, and 3D printing. Its portfolio includes compostable food packaging, fibers for hygiene products, durable goods, and biomedical applications, all designed to reduce environmental impact while maintaining high performance. Recently, NatureWorks has expanded its global manufacturing footprint, including a new PLA facility in Thailand, to meet increasing demand for bio-based materials and strengthen its role in advancing the circular economy and sustainable innovation worldwide.

2. Braskem S.A.

Braskem S.A. is a leading global petrochemical and biopolymer company, recognized for its pioneering role in renewable plastics. Founded in 2002 and headquartered in São Paulo, Brazil, Braskem has established itself as the largest producer of thermoplastic resins in the Americas and a key innovator in bio-based solutions. Its flagship product line, I’m green™ polyethylene, is derived from sugarcane ethanol and widely used in packaging, consumer goods, and automotive applications. Braskem also invests heavily in circular economy initiatives, advanced recycling technologies, and research into renewable polypropylene. With operations spanning the Americas, Europe, and Asia, the company continues to expand its sustainable materials portfolio to reduce carbon emissions and support global climate and environmental goals.

3. BASF SE

BASF SE is one of the world’s largest chemical companies, renowned for its diverse portfolio spanning chemicals, materials, industrial solutions, and agricultural products. Founded in 1865 and headquartered in Ludwigshafen, Germany, BASF has grown into a global powerhouse with operations in over 90 countries. In the bioplastics sector, the company is widely recognized for its ecovio® and ecoflex® product lines, offering biodegradable and compostable solutions for packaging, agricultural films, and foodservice applications. BASF integrates innovation with sustainability, investing heavily in R&D to develop next-generation bio-based polymers and recycling technologies. Its commitment to a circular economy and climate neutrality positions BASF as a key driver in advancing sustainable materials and reducing plastic waste worldwide.

4. TotalEnergies Corbion

TotalEnergies Corbion is a leading global producer of polylactic acid (PLA) bioplastics, formed in 2017 as a joint venture between TotalEnergies and Corbion. Headquartered in Gorinchem, Netherlands, the company specializes in Luminy® PLA resins, which are 100% bio-based and compostable, offering sustainable alternatives to conventional plastics. Its product portfolio supports a wide range of applications, including food packaging, consumer goods, textiles, and biomedical materials, while also addressing the need for high-heat and durable bioplastics. With a world-scale PLA production plant in Thailand and ongoing R&D investments, TotalEnergies Corbion is focused on advancing circular economy solutions and reducing carbon footprints, making it a pivotal player in the global transition toward renewable, environmentally friendly materials.

5. Novamont S.p.A.

Novamont S.p.A. is a global leader in the field of biodegradable and compostable bioplastics, widely recognized for its Mater-Bi® product line. Founded in 1989 and headquartered in Novara, Italy, the company has built its reputation around integrating chemistry, agriculture, and environmental science to create sustainable materials. Novamont’s innovations include compostable shopping bags, food packaging, agricultural mulching films, and solutions for waste management, all designed to reduce reliance on fossil-based plastics. The company also develops biorefineries and invests in renewable feedstock research, aligning with circular economy principles. With operations and partnerships spanning multiple countries, Novamont continues to pioneer advancements in bio-based technologies, promoting sustainable development and reducing environmental impact on a global scale.

6. Biome Bioplastics Ltd

Biome Bioplastics Ltd is a leading developer and manufacturer of biodegradable and compostable plastics, focused on providing sustainable alternatives to conventional petroleum-based materials. Founded in 2002 and headquartered near Southampton, United Kingdom, the company specializes in bio-based resins used in food packaging, flexible films, coffee pods, hot beverage lids, and custom biopolymer applications. Biome Bioplastics combines innovation with environmental responsibility, offering materials that meet industrial composting standards while supporting circular economy initiatives. With ongoing research into next-generation biopolymers and collaborations across Europe and Asia, the company continues to expand its portfolio, helping businesses reduce plastic waste, minimize carbon footprints, and meet increasing consumer and regulatory demand for eco-friendly packaging solutions.

7. Mitsubishi Chemical

Mitsubishi Chemical Group is a global leader in chemicals and advanced materials, recognized for its innovations in bio-based and sustainable plastics. With roots dating back to 1933 and headquartered in Tokyo, Japan, the group offers a diverse portfolio including BioPBS™ biodegradable polymers, DURABIO™ bio-based engineering plastics, and other high-performance materials for automotive, packaging, and medical applications. Mitsubishi Chemical focuses on combining sustainability with cutting-edge technology, developing solutions that reduce environmental impact while maintaining product performance. Through continuous R&D, strategic partnerships, and global operations, the company advances the adoption of renewable materials, supports circular economy initiatives, and positions itself as a key player in the worldwide transition toward sustainable and eco-friendly plastics.

8. BIOTEC GmbH & Co. KG

BIOTEC GmbH & Co. KG is a leading European manufacturer of biodegradable and compostable plastics, specializing in sustainable solutions for packaging and agricultural applications. Founded in 1992 and headquartered in Emmerich am Rhein, North Rhine-Westphalia, Germany, the company produces a wide range of compostable granulates, films, waste collection bags, and foodservice packaging. BIOTEC focuses on innovation in bio-based materials, offering products that meet industrial composting standards while reducing reliance on conventional plastics. With a strong emphasis on environmental responsibility and circular economy principles, the company serves clients across Europe and beyond, helping businesses transition to eco-friendly alternatives and contributing to global efforts to minimize plastic waste and carbon footprints.

9. Toray Industries, Inc.

Toray Industries, Inc. is a global leader in advanced materials and chemicals, with a strong focus on sustainable and bio-based solutions. Founded in 1926 and headquartered in Chūō-ku, Tokyo, Japan, the company produces bio-based nylons, PET films, fibers for textiles, engineering plastics for automotive applications, and high-performance materials for packaging. Toray combines innovation with environmental stewardship, developing materials that enhance product performance while reducing ecological impact. Through continuous R&D, strategic global partnerships, and expansion into bio-based and recyclable polymers, Toray Industries positions itself at the forefront of sustainable material solutions, supporting industries in their transition to eco-friendly products and contributing to a circular economy worldwide.

10. Plantic Technologies Ltd

Plantic Technologies Ltd is a pioneering developer of biodegradable and compostable plastics, specializing in sustainable packaging solutions for food and consumer goods. Founded in 2001 and headquartered in Altona, Melbourne, Victoria, Australia, the company produces starch-based bioplastics, high-barrier films, trays, and laminates designed to replace conventional petroleum-based materials. Plantic focuses on combining performance with environmental responsibility, offering products that are compostable, renewable, and suitable for fresh food packaging. Through continuous innovation, global collaborations, and application-specific solutions, Plantic Technologies supports businesses in reducing plastic waste, minimizing carbon footprints, and meeting growing consumer and regulatory demand for eco-friendly packaging, reinforcing its position as a leader in sustainable materials.

Other Leading Global Bioplastics Companies

• Danimer Scientific
• FKuR Kunststoff GmbH
• Avantium N.V.
• Cardia Bioplastics
• Green Dot Bioplastics, Inc.
• Futerro
• Polymateria Ltd
• BIO-ON S.p.A.
• Arkema S.A.
• BioPak Pty Ltd

Conclusion

The Global Bioplastics Market is poised for significant growth, driven by rising environmental awareness, regulatory pressures, and technological innovations. Increasing concerns over plastic pollution and greenhouse gas emissions have prompted governments worldwide to enforce bans on single-use plastics and promote sustainable alternatives. Bioplastics, being biodegradable and derived from renewable resources, offer effective solutions for packaging, agriculture, and consumer goods industries. Continuous advancements in raw material processing and production technologies are reducing costs and improving performance, enabling wider adoption. Leading companies, including NatureWorks, Braskem, BASF, and TotalEnergies Corbion, are expanding their portfolios and global footprints, reinforcing the market’s transition toward a circular economy and sustainable development.