Global Bioplastics & Biopolymers Market Companies
Among the major companies in the market are Corbion, NatureWorks LLC, BASF, and others. To sustain market leadership and promote growth, these major firms are employing a number of crucial tactics, such as capacity expansion, alliances, collaborations, and new product development. In order to propel the expansion of the bioplastics and biopolymers market, these businesses also prioritize sustainable practices, lowering carbon footprints, and creating bio-based substitutes for conventional plastics.
List of Key Players in the Market:
- BASF
- NatureWorks LLC
- Corbion
- FKuR
- Braskem
- Novamont S.p.A.
- Danimer Scientific
- Biome Bioplastics
- Mitsubishi Chemical Group Corporation
- TORAY INDUSTRIES, INC.
- Eastman Chemical Company
- Mediapilote Normandie
- Plantic
- Cardia Bioplastics
- Green Dot Bioplastics Inc
Recent News:
- In order to produce black and white plant clips for the sustainable production of greenhouse fruits and vegetables, BASF has created a certified industrial compostable biopolymer, in February 2025. Ecovio 60 IA 1552 clips make it simple to secure annual creepers such as tomatoes, cucumbers, and peppers in commercial greenhouses. The biopolymer's balanced high performance of strength and flexibility, together with its EN 13432-certified industrial compostability, are advantageous to the clips.
- An alternative to many industrial plastics that is biosourced, biodegradable, and water soluble has been created by the French start-up Lactips, which has secured USD 16 million in additional funding, in November 2024. The SPI Fund, Impact Ocean Capital Fund, and BNP Paribas Development joined the capital round, which was led by the Blue Ocean Fund, which had previously made investments in the business. Lactips created, produced, and sold a polymer that is entirely natural and derived from caseins, which are naturally occurring proteins that are frequently present in milk from mammals.
- Ningbo Homelink Eco-iTech Co. Ltd., a prominent producer of disposable tableware, and Danimer Scientific, Inc., a leading next-generation biotechnology company dedicated to the creation of biodegradable materials, have announced the commercial launch of home compostable extrusion coating biopolymers formulated with Danimer's proprietary polyhydroxyalkanoate (PHA), Nodax, in September 2024. Homelink's cups, covered with a biopolymer based on Nodax PHA, would provide its clients with a completely recyclable and biodegradable substitute for conventional paper cups in both the home and the workplace. For usage as a liquid barrier coating on paper cups, the PHA biopolymer grade is intended to take the role of polyethylene.
- Murdoch University and Australia's national research agency, CSIRO, have established The Bioplastics Innovation Hub, a USD 8 million partnership that will collaborate with business partners to create a new generation of plastic that is 100% biodegradable, in September 2024. In order to transform plastic packaging, the Bioplastics Innovation Hub is working to create biologically produced plastic that decomposes in water, compost, or soil.
- The performance qualities of Ingeo biopolymer in hygiene applications were further improved by leading biopolymer and polylactic acid (PLA) producer NatureWorks with the launch of Ingeo 6500D for nonwovens, in April 2023. Enhanced softness, strength, and fluid management were provided by the new Ingeo solution when paired with the best hydrophilic surface finish technology. Ingeo 6500D is a certified renewable, low-carbon, biobased material that also satisfies customer and brand demand for products comprised of more sustainable resources.