Bioplastics and Biopolymers Market Size, Share, Growth Analysis, By Application(Films, Bottles, Fibers, Seed Coating), By Type(Packaging, Consumer Goods, Automotive & Transportation, Textiles), By Region - Industry Forecast 2024-2031

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.

Bioplastics and Biopolymers Market Top Player’s Company Profiles

• BASF SE
• NatureWorks LLC
• Arkema SA
• Braskem SA
• Novamont SpA
• DuPont de Nemours, Inc.
• Corbion NV
• Mitsubishi Chemical Holdings Corporation
• Biome Bioplastics Limited
• Eastman Chemical Company
• Bio-On S.p.A.
• Solvay SA
• Total SE
• Toray Industries, Inc.
• Danimer Scientific, Inc.
• Plantic Technologies Limited
• Futerro SA
• Kuraray Co., Ltd.
• Innovia Films Limited
• Cardia Bioplastics Limited

Bioplastics and Biopolymers Market Recent Developments

• 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.