Global Bio-based Plastics Market Size & Outlook, 2025-2033
Global bio-based plastics market, 2021-2033 (US$M)
Related Markets
Global bio-based plastics market highlights
- The global bio-based plastics market generated a revenue of USD 7,656.0 million in 2024 and is expected to reach USD 16,094.3 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 8.7% by 2033.
- In terms of segment, bio-pet (polyethylene terephthalate) accounted for a revenue of USD 2,013.1 million in 2024.
- PLA (Polylactic Acid) is the most lucrative product type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 7,656.0 million |
| Market revenue in 2033 | USD 16,094.3 million |
| Growth rate | 8.7% (CAGR from 2025 to 2033) |
| Largest segment | Bio-pet (polyethylene terephthalate) |
| Fastest growing segment | PLA (Polylactic Acid) |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bio-PE (Polyethylene), Bio-PET (Polyethylene Terephthalate), PLA (Polylactic Acid), PHA (Polyhydroxyalkanoates), Starch Blends, Bio-based Polyamides, Bio-based Polyurethanes, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 23.4% of the global bio-based plastics market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 1,335.8 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Bio-based Plastics Market Scope
Bio-based Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TotalEnergies Corbion | View profile | 51-100 | Gorinchem, Zuid-Holland, The Netherlands, Europe | https://www.totalenergies-corbion.com/ |
| Danimer Scientific | View profile | - | - | - |
| NatureWorks LLC | View profile | - | - | - |
| Novamont SpA | View profile | - | - | - |
| Biome Bioplastics | View profile | 11-50 | Southampton, Southampton, United Kingdom, Europe | https://biomebioplastics.com |
| Basf SE ADR | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Avantium NV | View profile | 249 | Zekeringstraat 29-31, Amsterdam, Netherlands, 1014 BV | https://www.avantium.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Braskem SA ADR | View profile | 8569 | Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 | https://www.braskem.com.br |
Global bio-based plastics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio-based plastics market will help companies and investors design strategic landscapes.
Bio-pet (polyethylene terephthalate) was the largest segment with a revenue share of 26.29% in 2024. Horizon Databook has segmented the Global bio-based plastics market based on bio-pe (polyethylene), bio-pet (polyethylene terephthalate), pla (polylactic acid), pha (polyhydroxyalkanoates), starch blends, bio-based polyamides, bio-based polyurethanes, other products covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Bio-based Plastics Product Type Outlook (Revenue, USD Million, 2021-2033)
- Bio-PE (Polyethylene)
- Bio-PET (Polyethylene Terephthalate)
- PLA (Polylactic Acid)
- PHA (Polyhydroxyalkanoates)
- Starch Blends
- Bio-based Polyamides
- Bio-based Polyurethanes
- Other Products
- Global Bio-based Plastics Application Outlook (Revenue, USD Million, 2021-2033)
- Packaging
- Textiles & Fibers
- Automotive & Transportation
- Consumer Goods & Electronics
- Agriculture & Horticulture Films
- Medical & Healthcare Products
- Construction & Building Materials
- Other Applications
- Global Bio-based Plastics End Use Outlook (Revenue, USD Million, 2021-2033)
- Food & Beverage
- Retail & Consumer Goods
- Automotive & Aerospace
- Healthcare
- Agriculture
- Industrial & Manufacturing
- Other
Reasons to subscribe to Global bio-based plastics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global bio-based plastics market databook
-
Our clientele includes a mix of bio-based plastics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global bio-based plastics market , including forecasts for subscribers. This global databook contains high-level insights into Global bio-based plastics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global bio-based plastics market size, by regions, 2021-2033 (US$M)
Top 10 countries: Bio-based plastics market size, 2024 (US$M)
Global bio-based plastics market share, by product type, 2024 & 2033 (%, US$M)
Bio-based plastics market: Opportunity assessment by country
Global bio-based plastics market, by region, 2024 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
