Canada Bioplastics Market Size & Outlook, 2026-2033
Global Market
Related Markets
Canada bioplastics market highlights
- The Canada bioplastics market generated a revenue of USD 661.0 million in 2025 and is expected to reach USD 2,350.9 million by 2033.
- The Canada market is expected to grow at a CAGR of 17.1% from 2026 to 2033.
- In terms of segment, non-biodegradable was the largest revenue generating product in 2025.
- Biodegradable is the most lucrative product segment registering the fastest growth during the forecast period.
Bioplastics market data book summary
| Market revenue in 2025 | USD 661.0 million |
| Market revenue in 2033 | USD 2,350.9 million |
| Growth rate | 17.1% (CAGR from 2026 to 2033) |
| Largest segment | Non-biodegradable |
| Fastest growing segment | Biodegradable |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biodegradable, Non-Biodegradable |
| Key market players worldwide | Teijin Ltd, Toray Industries Inc, Toyota Industries Corp, Avantium NV, PTT Global Chemical PCL ADR, Cargill, SABIC, Basf SE, Trinseo PLC, Braskem SA ADR, Corbion NV, Solvay SA |
Other key industry trends
- In terms of revenue, Canada accounted for 3.6% of the global bioplastics market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. bioplastics market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 15,843.4 million by 2033.
Canada significantly contributes to the demand for bioplastics in North America market owing to its supportive government laws. The growth in the consumer goods sector in the country is further expected to boost Canada's bioplastics market.
The textile segment in Canada is expected to grow owing to the growing opportunities in various applications including athletics, which is further anticipated to create significant demand for bioplastics. The textile industry offers opportunities in sectors such as automotive, agriculture textiles, medical, and protective, for smart textiles and fabrics that assimilate digital monitoring components.
In addition, Michelin North America Inc. has invested in Pyrowave, a Canada-based company engaged in the development of new technology for plastic recycling that is boosting the bioplastics market in the country.
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Publish Date: Mar 05, 2026
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Bioplastics Market Scope
Bioplastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Braskem SA ADR | View profile | 8,569 | Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 | www.braskem.com.br |
| Trinseo PLC | View profile | 3,100 | 440 East Swedesford Road, Suite 301, Wayne, PA, United States, 19087 | www.trinseo.com |
| Toyota Industries Corp | View profile | 89,245 | 2-1, Toyoda-cho, Kariya-shi, Aichi, Japan, 448-8671 | www.toyota-industries.com |
| Corbion NV | View profile | 2,727 | Piet Heinkade 127, Amsterdam, NH, Netherlands, 1019 GM | www.corbion.com |
| Toray Industries Inc | View profile | 48,682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | www.toray.co.jp |
| Teijin Ltd | View profile | 24,499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | www.teijin.co.jp |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | www.cargill.com |
| Solvay SA | View profile | 9,000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | www.solvay.com |
| PTT Global Chemical PCL ADR | View profile | 6,334 | Vibhavadi-Rangsit Road, 555/1, Energy Complex, Building A, 18th Floor, Chatuchak, Bangkok, Thailand, 10900 | www.pttgcgroup.com |
Canada Bioplastics 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 Bioplastics Market Outlook will help companies and investors design strategic landscapes.
Non-Biodegradable was the largest segment with a revenue share of 61.29% in 2025.
Horizon Databook has segmented the Canada bioplastics market based on biodegradable, non-biodegradable covering the revenue growth of each sub-segment from 2021 to 2033.
Canada significantly contributes to the demand for bioplastics in North America market owing to its supportive government laws. The growth in the consumer goods sector in the country is further expected to boost Canada's bioplastics market.
The textile segment in Canada is expected to grow owing to the growing opportunities in various applications including athletics, which is further anticipated to create significant demand for bioplastics. The textile industry offers opportunities in sectors such as automotive, agriculture textiles, medical, and protective, for smart textiles and fabrics that assimilate digital monitoring components.
In addition, Michelin North America Inc. has invested in Pyrowave, a Canada-based company engaged in the development of new technology for plastic recycling that is boosting the bioplastics market in the country.
- Canada Bioplastics Market Product Outlook (Revenue, USD Million , 2021-2033)
- Biodegradable
- Non-Biodegradable
- Canada Bioplastics Market Application Outlook (Revenue, USD Million , 2021-2033)
- Packaging
- Agriculture
- Automotive & Transportation
- Electronics
- Textile
- Other Application
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Bioplastics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Bioplastics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Bioplastics Market, 2021-2033 (US$M)
Canada bioplastics market statistics, by product, 2021-2033 (US$M)
