The Bioplastics Market is expanding due to increasing consumer and regulatory push for sustainable materials, rising bans on single-use plastics, growing adoption in packaging, automotive, textiles, and agriculture, advancements in biodegradable and compostable polymers, and investments in bio-based feedstock technologies that reduce reliance on fossil fuels. Bioplastics Market reached US$ 11.5 billion in 2023 and is expected to reach US$ 63.5 billion by 2031, growing with a CAGR of 18.4% during the forecast period 2024-2031. The Bioplastics Market receives exhaustive analysis from DataM Intelligence, delivering stakeholders essential market data, emerging industry patterns, and strategic business intelligence. This in-depth research explores the competitive landscape in detail, evaluating market leaders across multiple dimensions including their innovative product offerings, competitive pricing strategies, financial performance metrics, strategic growth plans, and regional market penetration efforts.\n\nRecent Key Developments - USA July 2025 - NatureWorks LLC announced the construction of a new PLA (polylactic acid) bioplastics production facility in Georgia to meet rising demand in packaging and consumer goods. June 2025 - Danimer Scientific launched a next-generation biodegradable resin with improved moisture resistance for food packaging applications. May 2025 - Eastman Chemical Company partnered with a major FMCG brand to supply renewable-content bioplastic resins for sustainable bottle production.\n\nRecent Key Developments - Japan July 2025 - Mitsubishi Chemical Group expanded its BioPBSTM biodegradable polymer production to serve the global single-use plastics replacement market. June 2025 - Toray Industries, Inc. developed a high-performance bioplastic with enhanced heat resistance for automotive interior parts. May 2025 - Kuraray Co., Ltd. began pilot-scale production of bio-based polyvinyl alcohol (PVA) films for eco-friendly packaging and agricultural use.\n\nMarket Players in the Bioplastics market The prominent players in Bioplastics market research report are: Arkema, BASF, Bioterra, Kuraray Europe GmbH, NatureWorks LLC, Novamont S.p.A., TotalEnergies Corbion, Braskem, Mitsubishi Chemical Corporation, Plantic Technologies Ltd. The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.\n\nBioplastics Market Segments By Type - Biodegradable, Non-Biodegradable By End-User - Packaging, Consumer Goods, Agriculture, Automotive and Transportation, Textile.\n\nThe Bioplastics industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.\n\nResearch Methodology Our analytical framework employs cutting-edge statistical modeling and data mining techniques to identify emerging patterns, forecast market trajectories, and decode complex industry dynamics. We enhance our findings through sophisticated market segmentation analysis and Porter's Five Forces evaluation, providing a 360-degree view of the competitive landscape. This multi-layered methodology ensures our delivered insights are not only data-driven and credible but also strategically relevant and immediately actionable for critical business decisions.\n\nRegions Covered: The global Bioplastics Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. ☞ North America - US, Canada, Mexico ☞ Europe - Germany, Russia, UK, France, Italy, Rest of Europe ☞ Asia Pacific - China, India, Japan, Australia, Rest of Asia Pacific ☞ South America - Brazil, Argentina, Colombia, Rest of South America ☞ Middle East and Africa - Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel.\n\nThis Report Covers: ✔ Go-to-market Strategy. ✔ Neutral perspective on the market performance. ✔ Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status. ✔ Customized regional/country reports as per request and country level analysis. ✔ Potential & niche segments and regions exhibiting promising growth covered. ✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Bioplastics Market Growth Accelerates with U.S. PLA Plant

The global bioplastics market is expanding due to consumer and regulatory demand for sustainable materials, rising bans on single-use plastics, and increased adoption in packaging, automotive, textiles, and agriculture. The market was valued at $11.5 billion in 2023 and is projected to reach $63.5 billion by 2031, growing at a CAGR of 18.4% from 2024 to 2031. Recent developments include NatureWorks LLC building a new PLA production facility in Georgia, USA; Danimer Scientific launching a moisture-resistant biodegradable resin for food packaging; Eastman Chemical partnering with a major FMCG brand for sustainable bottle resins; Mitsubishi Chemical expanding its BioPBSTM production; Toray Industries developing a high-heat-resistant bioplastic for automotive parts; and Kuraray beginning pilot-scale production of bio-based PVA films. Key market players include Arkema, BASF, Bioterra, Kuraray Europe GmbH, NatureWorks LLC, Novamont S.p.A., TotalEnergies Corbion, Braskem, Mitsubishi Chemical Corporation, and Plantic Technologies Ltd. The report covers market segmentation by type (biodegradable, non-biodegradable) and end-user (packaging, consumer goods, agriculture, automotive, textiles), with regional focus on North America, Europe, Asia Pacific, South America, the Middle East, and Africa.