Global Bioplastics Market Accelerates Toward 5,634.6 Kilotons by 2029

"Bioplastics are reshaping the packaging, automotive, and consumer goods sectors with sustainable alternatives. Backed by rising demand and strong regulatory support, the market is set for consistent growth in the years ahead."

BOSTON, June 27, 2025 /PRNewswire/ -- According to the latest study from BCC Research, "Global Markets and Technologies for Bioplastics"  is expected to increase in terms of volume from 2,431.9 kilotons in 2024 to 5,634.6 kilotons by the end of 2029, at a compound annual growth rate (CAGR) of 18.3% from 2024 through 2029.

This report offers insights into the global bioplastics industry, analyzing its segmentation by raw material (sugarcane, corn starch, and cassava), type (biodegradable and biobased/non-degradable), application (films, bottles, containers, and electronic casings), end-use industry (packaging, textiles, automotive, and agriculture), and region (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). Volume estimates, measured in kilotons, are based on total manufacturer production. The study presents a comprehensive discussion of industry trends, drivers, and market opportunities.

The significance of bioplastics is further increased by the precise regulatory frameworks established by various governments regarding the use of traditional plastics and their waste. These policies not only address plastic waste concerns but also encourage manufacturers to enter the bioplastics market through support for biodegradable plastics and sustainable packaging solutions.

The factors driving the market include:

Carbon Neutrality and Mounting Bioplastic Consumption: With an increasing global focus on climate change, governments and industries are setting carbon neutrality targets. Bioplastics, made from renewable resources, offer a lower carbon footprint than traditional plastics. As a result, companies are turning to bioplastics to meet sustainability goals, comply with regulations, and appeal to environmentally conscious consumers—leading to a steady rise in bioplastic production and use.

Growing Bioplastic End-Use Applications: Bioplastics are no longer limited to packaging. Today, they are used across sectors ranging automotive interiors and consumer electronics to agriculture and textiles. This expansion into diverse applications is creating new demand, pushing manufacturers to scale production to serve multiple industries looking for greener material alternatives.

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Report Synopsis 

Interesting facts:

• Leading companies in the bioplastics industry are expanding production in the Asia-Pacific region. For instance, NatureWorks LLC in October 2023 bagan the construction of a fully integrated Ingeo PLA biopolymer plant in Thailand, which is expected to begin operations in 2025. The manufacturing facility will produce bioplastics for the entire Asia-Pacific region.
• Many industry leaders are forming partnerships and collaborations with universities. These alliances give them access to skilled researchers, specialists, and engineers with expertise in bioplastics. Additionally, academic research can be more cost-effective, as sharing expenses with universities is often less costly than conducting research internally.
• Certain bacteria and microorganisms have the ability to produce bioplastics in the laboratory. Through the fermentation process, PHA bioplastics can be generated using these bacteria and microorganisms.

Emerging startups

• Buyoplastic is a Vietnam-based company that offers patented technology for bioplastics. The company has developed a proprietary method that converts bio-waste into bioplastics. This technology can produce both flexible and rigid bioplastics for use in the packaging and medical industries.
• Emnandi Bioplastics manufactures PLA, PBAT, PHA, and PBS bioplastics. The company provides non-single-use bioplastics specifically designed for medical, packaging, and fiber sectors. These bioplastics are suitable for filament extrusion, injection molding, thermoforming, blowing, and laminating procedures.
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The report addresses the following questions:

1. What is the projected size and growth rate of the market?
   •  In terms of volume, the global bioplastics market is projected to grow from 2,060.9 kilotons in 2023 to 5,634.6 kilotons in 2029 at a CAGR of 18.3% during the forecast period.
2. Which market segments are covered in the report?
   •  The bioplastics market is segmented on the basis of raw material types, types, applications, and end-use industries.
3. Which end-use segment will be dominant through 2029?
   •  The packaging segment will be dominant through the forecast period.
4. Which region has the largest share of the market?
   •  Asia-Pacific holds the largest market share.

Market leaders include:

• ARKEMA
• BASF
• BIOME BIOPLASTICS
• CARDIA BIOPLASTICS
• DANIMER SCIENTIFIC
• LG CHEM
• LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
• NATUREWORKS LLC.
• MITSUBISHI CHEMICAL GROUP CORP.
• NOVAMONT S.P.A.
• PLANTIC
• SABIC
• TORAY INDUSTRIES INC.
• TOTALENERGIES CORBION
• ZHEJIANG HISUN BIOMATERIALS CO. LTD.

Related reports include:

Sustainable Plastic Packaging: Global Markets: This report analyzes the sustainable plastic packaging market by packaging type—recycled (R-PET, R-PE, R-PP, R-PS, and others such as R-PVC and R-PLA), reusable, and bioplastic (biodegradable and non-biodegradable). The end-user segments include food and beverage, industrial and chemical, healthcare, and personal and home care. The analysis covers global and regional levels, with revenue estimates in millions of U.S. dollars.

Biodegradable Polymers: Global Markets and Technologies: This report covers the types of biodegradable polymers and their end-use industries. Estimated volumes are based on manufacturers' total production, with projections in kilotons (unadjusted for inflation). The market is segmented by type (PLA, starch blends, PBAT, PHA, cellulose films, PBS), end use (packaging, fibers, agriculture, medical, electronics, automotive, others), and region (North America, Europe, Asia-Pacific, South America, Middle East and Africa).

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