The global Bio-based Polymers Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Starch-based Plastics, Poly Lactic Acid (PLA), PolyHydroxy Alkanoates (PHA), Polyesters, Cellulose Derivatives), By Application (Agriculture, Textile, Electronics, Packaging, Healthcare, Others).
Bio-based polymers are polymers derived from renewable biomass sources such as plants, algae, or bacteria in 2024. These polymers offer an environmentally friendly alternative to conventional petroleum-based polymers by reducing reliance on fossil fuels and mitigating environmental impact. Bio-based polymers are used in various applications across industries such as packaging, textiles, automotive, and electronics, where they exhibit properties such as biodegradability, compostability, and renewability. Examples of bio-based polymers include polylactic acid (PLA), polyhydroxyalkanoates (PHA), starch-based polymers, and cellulose-based polymers. These polymers can be produced through fermentation, enzymatic polymerization, or chemical modification of biomass feedstocks. Bio-based polymers offer opportunities for manufacturers to create more sustainable products, meet consumer demand for eco-friendly alternatives, and comply with regulations aimed at reducing plastic pollution and carbon emissions. With advancements in technology and increasing investment in bio-based materials, bio-based polymers are expected to play a significant role in transitioning towards a circular economy and achieving a more sustainable future.
The market report analyses the leading companies in the industry including BASF SE, Biologische Naturverpackungen GmbH & Co. KG., Cardia Bioplastics, Corbion NV, Cortec Group Management Services LLC, Covestro AG, DuPont de Nemours Inc, FKuR, FP International, Innovia Films, Merck KGaA, NatureWorks LLC, Novamont SpA, Rodenburg Biopolymers, SHOWA DENKO K.K., thyssenkrupp AG, Yield10 Bioscience Inc, and others.
A prominent trend in the bio-based polymers market is the growing demand for sustainable packaging solutions, driven by increasing environmental awareness, regulatory pressures, and consumer preferences for eco-friendly products. Bio-based polymers, derived from renewable biomass sources such as corn, sugarcane, or cellulose, offer a more sustainable alternative to conventional petroleum-based plastics, reducing reliance on finite fossil resources and mitigating environmental impact. This trend is reshaping the packaging industry, with brands, retailers, and consumers increasingly opting for bio-based polymer packaging materials that are recyclable, compostable, and biodegradable, aligning with circular economy principles and sustainability goals.
The primary driver fueling the growth of the bio-based polymers market is regulatory mandates and corporate sustainability goals promoting the use of renewable and biodegradable materials in plastic production. Governments worldwide are implementing policies and standards to reduce plastic pollution, increase recycling rates, and promote the adoption of bio-based polymers as alternatives to conventional plastics derived from fossil fuels. Additionally, many companies are setting ambitious sustainability targets and commitments to reduce their environmental footprint, driving the adoption of bio-based polymers in packaging, consumer goods, automotive, and other industries. As regulatory pressures and corporate sustainability initiatives intensify, the demand for bio-based polymers is expected to continue rising, creating opportunities for market growth and innovation.
An emerging opportunity within the bio-based polymers market lies in innovation in advanced applications and material development, leveraging the unique properties and functionalities of bio-based polymers to address new market needs and challenges. While bio-based polymers are already widely used in packaging, textiles, and automotive applications, there is untapped potential in sectors such as electronics, healthcare, and construction, where the demand for sustainable and high-performance materials is growing. Bio-based polymers offer advantages such as biocompatibility, thermal stability, and mechanical strength, making them suitable for specialized applications requiring superior performance characteristics. By investing in research and development initiatives, collaboration with industry partners, and market-driven innovation, manufacturers of bio-based polymers can unlock opportunities to expand their product portfolios, penetrate new markets, and drive sustainable growth in the evolving landscape of polymer materials.
Poly Lactic Acid (PLA) is the largest segment in the Bio-based Polymers Market by Type, owing to its versatile properties, wide range of applications, and growing demand across various industries. PLA is a bio-based polymer derived from renewable resources such as corn starch, sugarcane, or cassava. It is biodegradable, compostable, and exhibits excellent mechanical and thermal properties, making it suitable for use in packaging, textiles, medical devices, and consumer goods. The increasing consumer awareness regarding environmental sustainability and the shift towards eco-friendly alternatives to conventional plastics have propelled the demand for PLA-based products. Moreover, technological advancements in PLA production processes, such as improved polymerization techniques and the development of novel additives, have enhanced the performance and applicability of PLA in diverse end-use sectors. As governments worldwide implement stringent regulations to reduce plastic pollution and promote the use of bio-based materials, the demand for PLA is expected to continue its upward trajectory, solidifying its position as the largest segment in the Bio-based Polymers Market.
The Packaging segment is the fastest-growing in the Bio-based Polymers Market by Application. With increasing concerns over plastic pollution and environmental sustainability, there is a growing demand for bio-based polymers in packaging applications. Bio-based polymers offer a sustainable alternative to conventional petroleum-based plastics, as they are derived from renewable resources such as plants, starches, and agricultural by-products. Moreover, bio-based polymers used in packaging are often biodegradable or compostable, addressing end-of-life concerns and contributing to the circular economy. Additionally, advancements in bio-based polymer technology have led to the development of materials with improved mechanical properties, barrier properties, and processing capabilities, making them suitable for a wide range of packaging applications, including food packaging, beverage containers, and personal care products. As consumer preferences shift towards eco-friendly packaging solutions and regulatory initiatives promote the use of sustainable materials, the Packaging segment is expected to experience robust growth in the Bio-based Polymers Market.
By Type
Starch-based Plastics
Poly Lactic Acid (PLA)
PolyHydroxy Alkanoates (PHA)
Polyesters
Cellulose Derivatives
By Application
Agriculture
Textile
Electronics
Packaging
Healthcare
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
BASF SE
Biologische Naturverpackungen GmbH & Co. KG.
Cardia Bioplastics
Corbion NV
Cortec Group Management Services LLC
Covestro AG
DuPont de Nemours Inc
FKuR
FP International
Innovia Films
Merck KGaA
NatureWorks LLC
Novamont SpA
Rodenburg Biopolymers
SHOWA DENKO K.K.
thyssenkrupp AG
Yield10 Bioscience Inc
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Bio based Polymers Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Bio based Polymers Market Size Outlook, $ Million, 2021 to 2032
3.2 Bio based Polymers Market Outlook by Type, $ Million, 2021 to 2032
3.3 Bio based Polymers Market Outlook by Product, $ Million, 2021 to 2032
3.4 Bio based Polymers Market Outlook by Application, $ Million, 2021 to 2032
3.5 Bio based Polymers Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Bio based Polymers Industry
4.2 Key Market Trends in Bio based Polymers Industry
4.3 Potential Opportunities in Bio based Polymers Industry
4.4 Key Challenges in Bio based Polymers Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Bio based Polymers Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Bio based Polymers Market Outlook by Segments
7.1 Bio based Polymers Market Outlook by Segments, $ Million, 2021- 2032
By Type
Starch-based Plastics
Poly Lactic Acid (PLA)
PolyHydroxy Alkanoates (PHA)
Polyesters
Cellulose Derivatives
By Application
Agriculture
Textile
Electronics
Packaging
Healthcare
Others
8 North America Bio based Polymers Market Analysis and Outlook To 2032
8.1 Introduction to North America Bio based Polymers Markets in 2024
8.2 North America Bio based Polymers Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Bio based Polymers Market size Outlook by Segments, 2021-2032
By Type
Starch-based Plastics
Poly Lactic Acid (PLA)
PolyHydroxy Alkanoates (PHA)
Polyesters
Cellulose Derivatives
By Application
Agriculture
Textile
Electronics
Packaging
Healthcare
Others
9 Europe Bio based Polymers Market Analysis and Outlook To 2032
9.1 Introduction to Europe Bio based Polymers Markets in 2024
9.2 Europe Bio based Polymers Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Bio based Polymers Market Size Outlook by Segments, 2021-2032
By Type
Starch-based Plastics
Poly Lactic Acid (PLA)
PolyHydroxy Alkanoates (PHA)
Polyesters
Cellulose Derivatives
By Application
Agriculture
Textile
Electronics
Packaging
Healthcare
Others
10 Asia Pacific Bio based Polymers Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Bio based Polymers Markets in 2024
10.2 Asia Pacific Bio based Polymers Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Bio based Polymers Market size Outlook by Segments, 2021-2032
By Type
Starch-based Plastics
Poly Lactic Acid (PLA)
PolyHydroxy Alkanoates (PHA)
Polyesters
Cellulose Derivatives
By Application
Agriculture
Textile
Electronics
Packaging
Healthcare
Others
11 South America Bio based Polymers Market Analysis and Outlook To 2032
11.1 Introduction to South America Bio based Polymers Markets in 2024
11.2 South America Bio based Polymers Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Bio based Polymers Market size Outlook by Segments, 2021-2032
By Type
Starch-based Plastics
Poly Lactic Acid (PLA)
PolyHydroxy Alkanoates (PHA)
Polyesters
Cellulose Derivatives
By Application
Agriculture
Textile
Electronics
Packaging
Healthcare
Others
12 Middle East and Africa Bio based Polymers Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Bio based Polymers Markets in 2024
12.2 Middle East and Africa Bio based Polymers Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Bio based Polymers Market size Outlook by Segments, 2021-2032
By Type
Starch-based Plastics
Poly Lactic Acid (PLA)
PolyHydroxy Alkanoates (PHA)
Polyesters
Cellulose Derivatives
By Application
Agriculture
Textile
Electronics
Packaging
Healthcare
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
BASF SE
Biologische Naturverpackungen GmbH & Co. KG.
Cardia Bioplastics
Corbion NV
Cortec Group Management Services LLC
Covestro AG
DuPont de Nemours Inc
FKuR
FP International
Innovia Films
Merck KGaA
NatureWorks LLC
Novamont SpA
Rodenburg Biopolymers
SHOWA DENKO K.K.
thyssenkrupp AG
Yield10 Bioscience Inc
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Starch-based Plastics
Poly Lactic Acid (PLA)
PolyHydroxy Alkanoates (PHA)
Polyesters
Cellulose Derivatives
By Application
Agriculture
Textile
Electronics
Packaging
Healthcare
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Bio-based Polymers Market Size is valued at $12.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 14.3% to reach $36.7 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
BASF SE, Biologische Naturverpackungen GmbH & Co. KG., Cardia Bioplastics, Corbion NV, Cortec Group Management Services LLC, Covestro AG, DuPont de Nemours Inc, FKuR, FP International, Innovia Films, Merck KGaA, NatureWorks LLC, Novamont SpA, Rodenburg Biopolymers, SHOWA DENKO K.K., thyssenkrupp AG, Yield10 Bioscience Inc
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume