Global Biopolymers Market

Biopolymers Market Size, Share, Growth Analysis, By Product(Bio-PE, Bio-PET, PLA, PHA), By Application(Films, Bottle, Fibers, Seed Coating), By End Users(Packaging, Consumer Goods, Automotive, Textiles), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15B2043 | Region: Global | Published Date: July, 2024
Pages: 157 | Tables: 120 | Figures: 77

Biopolymers Market Insights

Biopolymers Market size was valued at USD 17.1 Billion in 2023 and is poised to grow from USD 18.74 Billion in 2024 to USD 39.02 Billion by 2032, growing at a CAGR of 9.60% during the forecast period (2025-2032).

Synthetic materials known as biopolymers are created using plant-based materials such leftover wood and lumber as well as agricultural products like sugar cane, maize, and other agricultural products. Biopolymers are naturally biodegradable, in contrast to conventional polymers or plastics, which contribute to a multitude of environmental issues like pollution and global warming. Common rubbers, melanin, cutin and cutan, suberin and lignin, and suberin and lignin are examples of biopolymers. Bio-plastics are produced using cutting-edge technology from waste products like animal and human waste, plant materials, and agricultural waste. Lawmakers are authorising the use of biodegradable polymers in place of conventional polymers to reduce carbon footprint. Currently, only a few major automakers use biopolymers in their vehicles. Ford Motor Company is one of these manufacturers and uses biopolymers internally. Bioplastics are thermoplastics created using bio-based materials like sugar, kelp, and starch. Bioplastics and ordinary polymers like silk, chitosan, and fleece are all included in the large category of materials known as biopolymers.

Starch, alginate, and cellulose are a few examples of polysaccharides, which are straight or stretched polymeric sugars. Some of the main market drivers for this industry are the availability of renewable raw material sources for the manufacture of bioplastics, as well as the advantages of bioplastics for the environment and the high customer acceptance of bio-based products. Bioplastic manufacture is an energy-efficient process since it needs 65% less energy than conventional plastic production. Since synthetic plastic packaging may break down when exposed to food, consumers prefer adopting bioplastic packaging. The sustainability and biodegradability of bioplastics are supported by enabling laws and regulations that have been adopted by a number of nations worldwide. These factors are expected to lead to revenue growth for the bioplastics market.

US Biopolymers Market is poised to grow at a sustainable CAGR for the next forecast year.

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Biopolymers Market size was valued at USD 17.1 Billion in 2023 and is poised to grow from USD 18.74 Billion in 2024 to USD 39.02 Billion by 2032, growing at a CAGR of 9.60% during the forecast period (2025-2032).

Global Biopolymers Market is fragmented and competitive. To increase their market share, the major companies in the international market are implementing a variety of business tactics, including mergers and acquisitions, expansions, and investments. Major players operating in the global bioplastics & biopolymers market include NatureWorks, Braskem, BASF and Total Corbion. Prominent firms are investing in the launch of new products to increase their market presence and consumer base. 'BASF SE', 'NatureWorks LLC', 'Braskem SA', 'Total SE', 'Arkema SA', 'Corbion NV', 'Novamont S.p.A.', 'Mitsubishi Chemical Corporation', 'DuPont de Nemours, Inc.', 'Eastman Chemical Company', 'Biome Bioplastics Limited', 'Plantic Technologies Limited', 'Danimer Scientific, Inc.', 'Rodenburg Biopolymers BV', 'KANEKA Corporation', 'Bio-On S.p.A.', 'BioBag International AS', 'Innovia Films Ltd.', 'Toray Industries, Inc.', 'Solanyl Biopolymers Inc.'

The market is expanding because of a change in consumer preference for plastic products that are environmentally friendly. The commercial development of bioplastics is being aided by consumer knowledge of sustainable plastic options and inescapable efforts to eliminate the use of conventional, non-biodegradable plastics. Conventional plastics, which are mostly made of oil, take a very long time to separate or degrade and spend a considerable amount of time in landfills. When discarded, biodegradable plastics dissociate more quickly and are reincorporated into the environment's regular structure. Additionally, biodegradable polymers degrade far more quickly than conventional plastics do through the actions of microbes.

In order to replace traditional fossil-based plastic coatings used in grease-resistant fast-food packaging, new non-polluting biomaterials are being developed. The typical coating for grease-resistant paper includes plastic and other unfriendly substances like polyfluoroalkyl substances (PFASs), but the new prototype coating satisfies the functional needs of traditional grease-resistant packaging materials while also offering an environmentally sustainable solution. The end result is a significant step toward developing a sustainable, environmentally conscious biopolymer of the future. Natural polymers that are derived from seaweeds are used as biomass for the novel coating formulation. Depending on the application, these extracts are changed using a patented processing technology to create functional biopolymer sheets that may be sliced or coated onto different surfaces. The structure of the seaweed extracts is comparable to that of the natural fibres used to make paper. Innovative professional techniques used in the production of the biodegradable film increase the grease-resistance property of the seaweed by straightforward adjustments without impacting the biodegradability of recyclability of the coated paper.

Europe dominated the Global Biopolymers Market in 2021. The region's market is expanding as a result of increased usage of bioplastics and biopolymers in sectors including packaging, consumer products, and transportation. Consumer preference for bio-based and biodegradable items has risen as a result of rising environmental concerns and the implementation of strict environmental regulation. By 2028, all used packaging must be recyclable and reusable, thanks to initiatives being implemented in the area. During the forecast period, investments in research & development of cutting-edge materials and technological innovation will further contribute to market expansion. The rapid use of plastics and growing consumer awareness of bio-based products are the region's key market-driving factors. Consumers cannot employ the techniques under the European Union's directive against plastic bags. The use of standard plastic bags for packing fruits and vegetables has been outlawed in France under the energy transition for green growth legislation. Consequently, it is anticipated that the limits that restrict the use of traditional plastic bags will accelerate the expansion of the biopolymers market sectors in the European regions.

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Global Biopolymers Market

Report ID: SQMIG15B2043

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