Global Bioplastics Market to Reach USD 98 Billion by 2035, Growing at a 19.3% CAGR, Driven by Demand in Packaging, Automotive, and Agriculture | Future Market Insights, Inc.

The bio-plastic market in the United States is experiencing significant growth, driven by a strong regulatory framework, corporate sustainability initiatives, and increasing consumer awareness of eco-friendly products. As one of the leading producers and consumers of plastics, the U.S. relies heavily on bio-plastics in packaging, consumer goods, automotive, and industrial applications. The market is projected to grow at a robust CAGR of 18.5% from 2025 to 2035.


NEWARK, Del, Feb. 26, 2025 (GLOBE NEWSWIRE) -- The global bioplastics market is projected to grow significantly, with an estimated value of USD 16.8 billion in 2025 and an anticipated surge to USD 98 billion by 2035, driven by a robust CAGR of 19.3%. This rapid expansion is fueled by increasing environmental concerns, government regulations promoting sustainable materials, and growing demand across industries such as packaging, automotive, and consumer goods.

The global bioplastics industry is experiencing unprecedented growth, driven by increasing consumer awareness, government regulations, and advancements in biodegradable and bio-based polymers. As the demand for sustainable bioplastics alternatives to traditional plastics surges, industry leaders are investing heavily in innovation to develop environmentally friendly solutions that reduce carbon footprints.

Market Overview: Bio-Based Plastics Industry Trends and Innovations

Bio-plastics, derived from renewable feedstocks such as corn starch and sugarcane-based plastic alternatives, have emerged as a game-changer in the fight against plastic pollution. The industry is witnessing rapid innovation in bio-based polymer demand in consumer goods, with significant adoption in packaging, agriculture, automotive, and medical applications. Market leaders are investing heavily in research and development (R&D) to enhance the compostability and recyclability of biodegradable plastic materials.

Recent breakthroughs include compostable plastic trends in food packaging, with companies introducing plant-based resins capable of fully breaking down in industrial composting facilities. Furthermore, the rise of renewable feedstocks for plastic production has reduced dependency on fossil-based plastics, fostering a sustainable and circular economy.

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Global Bioplastics Market Size and Revenue Projections

Market analysts predict the global bioplastics market size will surpass previous projections due to the accelerating shift towards sustainable alternatives. With stringent environmental regulations and government policies encouraging eco-friendly solutions, bio-plastics are expected to command a larger share of the packaging and consumer goods markets.

A detailed market demand analysis of plant-based plastic production and market demand analysis highlights that by 2035. The key driving forces behind this growth include the expansion of bioplastics applications across various industries, increasing consumer preferences for sustainable products, and government mandates banning conventional single-use plastics.

“The bioplastics market is experiencing rapid growth, driven by regulatory pressures, corporate sustainability initiatives, and rising consumer demand for eco-friendly products. The transition from petroleum-based plastics to bio-based alternatives presents both opportunities and challenges, including scalability, cost competitiveness, and end-of-life disposal solutions. Companies investing in bioplastics stand to gain a competitive edge as sustainability becomes a key differentiator in global markets.” says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).


Applications of Bio-Based Polymers in Packaging and Automotive Industries

The packaging industry remains the largest consumer of biodegradable plastic market analysis, with food and beverage companies transitioning towards eco-friendly plastic alternatives and their market share analysis. The demand for biodegradable plastic packaging solutions has soared, especially in Europe and North America, where stringent regulations and corporate sustainability goals are reshaping industry dynamics.

Meanwhile, the automotive sector is leveraging bio-based polymer demand in consumer goods by incorporating lightweight and sustainable materials into vehicle components. Bio-based composites are being used to enhance fuel efficiency and reduce the carbon footprint of automobiles, aligning with global sustainability goals.

Future Scope of Bioplastics in the Automotive Sector

The future scope of bioplastics in the automotive sector is another exciting frontier. Leading car manufacturers, including Tesla, Ford, and Toyota, are exploring industrial applications of biopolymer materials to enhance vehicle sustainability. Bio-based plastics are being utilized for interior components, upholstery, and even exterior parts, reducing the reliance on fossil-fuel-derived plastics.

The comparison between biodegradable and non-biodegradable bioplastics remains a key factor in automotive applications. While biodegradable plastics are primarily used in single-use applications, durable bio-based polymer innovations are being developed to replace traditional automotive materials.

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Government Regulations Driving Bio-Plastic Adoption Worldwide

Governments across the world are implementing policies to reduce plastic waste through biodegradable solutions, encouraging industries to adopt sustainable bioplastics market growth. The European Union, for instance, has introduced the Single-Use Plastics Directive, which mandates the reduction of conventional plastic products and promotes bio-based alternatives.

Similarly, Asian markets, particularly China and India, are witnessing a surge in market expansion of plant-derived plastic materials as they impose bans on traditional plastic bags and packaging. The United States is also making strides with new federal and state-level initiatives aimed at environmental benefits of switching to bio-plastics.

Recycling Challenges in the Bioplastics Industry

Despite significant advancements, the industry faces recycling challenges in the bioplastics industry. One of the main concerns is the compatibility of bioplastics with existing recycling infrastructure. Many bioplastics require separate composting facilities, which are not widely available in certain regions.

Industry experts emphasize the need for standardized biodegradability standards for eco-friendly plastics to ensure seamless recycling processes. Additionally, companies are exploring innovative solutions such as enzyme-based recycling and chemical upcycling to enhance the sustainability of compostable packaging materials.


Leading Companies and Innovations in the Bioplastics Market

Several key players are leading the charge in bio-based polymer innovations. Companies such as

  • NatureWorks LLC
  • BASF SE
  • Total Energies Corbion
  • Novamont S.p.A
  • Mitsubishi Chemical Corporation
  • Danimer Scientific
  • Braskem
  • Corbion N.V.
  • FKuR Kunststoff GmbH
  • Plantic Technologies Ltd.
  • Biome Bioplastics
  • Tianan Biologic Material Co., Ltd.
  • Toray Industries Inc.
  • Avantium N.V.

Innovations in renewable feedstocks for plastic production are also revolutionizing the industry. Scientists are exploring algae-based bioplastics, agricultural waste-derived polymers, and microbial fermentation techniques to create green alternatives in the petrochemical industry. These advancements are expected to shape the future of circular economy in the bioplastics sector.

Exploring the Polymers and Plastics Industry: Market Trends, Challenges, and Opportunities

Regional Analysis of Biodegradable Plastics Market Growth

The regional analysis of biodegradable plastics market growth reveals substantial expansion across key geographic regions.

  • North America: The United States and Canada are witnessing rapid adoption, fueled by strong environmental policies and consumer awareness.
  • Europe: The European Union leads the way in market expansion of plant-derived plastic materials, with companies actively investing in sustainable alternatives.
  • Asia-Pacific: Countries like China, India, and Japan are accelerating bioplastics production, driven by government bans on single-use plastics and increasing consumer preference for eco-friendly products.
  • Latin America & Africa: Emerging markets are gradually adopting bio-based plastics as awareness and infrastructure development improve.

Bio-plastic Market Segmentation

By Material Type:

  • Bio-PET
  • Bio-PE
  • Bio-PA
  • Bio-degradable Polyesters
  • PLA & PLA Blends
  • Starch Blends
  • PHA
  • Others

By Applications:

  • Bottle
  • Packaging
  • Food-Services
  • Agriculture/Horticulture
  • Consumer Products
  • Automotive

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

Old Source: https://www.globenewswire.com/en/news-release/2023/10/11/2758254/0/en/Bio-Plastic-Market-Forecast-Anticipated-Growth-to-US-1-353-3-Billion-by-2033-with-a-Remarkable-CAGR-of-30-2-Future-Market-Insights-Inc.html

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The bio based biodegradable plastics market value is expected to burgeon to reach approx USD 15.6 billion in 2035 representing a compound annual growth rate (CAGR) of 9.5% approximately to the market in 2025, the market is estimated to be worth USD 6.3 billion in 2025.

The global biodegradable polymers market is projected to grow from USD 11,677.0 Million in 2025 to USD 80,527.1 Million by 2035, with a CAGR of 21.3%.

The global biobased propylene glycol sales are on a steady upward trajectory, with a forecasted CAGR of 4.8% from 2025 to 2035.

Over the assessment period (2025 to 2035), the conductive plastics market is projected to expand at a CAGR of 8.3% and attain value of USD 10.1 billion by the end of 2035.

Worldwide demand for Bio-Plasticizers saw an 8.0% year-on-year growth in 2025, suggesting an expansion of the market to USD 3,532.2 million in 2025. 

Projections for the period between 2025 and 2035 indicate an 11.7% compound annual growth rate (CAGR) for global green and bio-based polyols sales, resulting in a market size of USD 35,650.2 million by the end of 2035.

The demand for medical plastics is estimated to reach USD 34,553.9 million by 2034.

The plastic additive market is estimated to be valued at USD 45,595.6 million in 2024. The sector is expected to reach a total valuation of USD 71,568.1 million by 2034.

The global automotive bioplastics market share is estimated to clock a revenue of USD 2,103.28 million by 2033.

The global plastic market is projected to attain a valuation of USD 712 billion in 2023 and is expected to reach USD 1050 billion by 2033, expanding at a CAGR of 4% during the forecast period.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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