Latin America Bioplastics Market Size & Outlook, 2026-2033
Global Market
Related Markets
Latin America bioplastics market highlights
- The Latin America bioplastics market generated a revenue of USD 991.5 million in 2025.
- The market is expected to grow at a CAGR of 18.6% from 2026 to 2033.
- In terms of segment, biodegradable was the largest revenue generating product in 2025.
- Biodegradable is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 991.5 million |
| Market revenue in 2033 | USD 3,899.2 million |
| Growth rate | 18.6% (CAGR from 2026 to 2033) |
| Largest segment | Biodegradable |
| Fastest growing segment | Biodegradable |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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, Latin America region accounted for 5.4% of the global bioplastics market in 2025.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
- Latin America is the fastest growing regional market and is projected to reach USD 3,899.2 million by 2033.
Central & South America includes countries such as Brazil, Argentina, Peru, Chile, Venezuela, Ecuador, and few others. According to the UN Environment Programme, in 2022, in preparation for UN Environment Assembly conference, the Glasgow Climate Change Conference (COP 26) and the UN Environment Programme (UNEP) has published a comprehensive assessment of the marine pollution situation.
The aforementioned factor is likely to create demand for bioplastics in the region. Increasing demand for bioplastics in packaging, textile, and medical devices, among other applications is fueling market growth in the region. The presence of major agricultural countries in the region, such as Brazil, Argentina, and Chile are anticipated to create a demand for bioplastics over the forecast period.
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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 |
Latin America 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.
Biodegradable was the largest segment with a revenue share of 60.69% in 2025.
Horizon Databook has segmented the Latin America bioplastics market based on biodegradable, non-biodegradable covering the revenue growth of each sub-segment from 2021 to 2033.
Central & South America includes countries such as Brazil, Argentina, Peru, Chile, Venezuela, Ecuador, and few others. According to the UN Environment Programme, in 2022, in preparation for UN Environment Assembly conference, the Glasgow Climate Change Conference (COP 26) and the UN Environment Programme (UNEP) has published a comprehensive assessment of the marine pollution situation.
The aforementioned factor is likely to create demand for bioplastics in the region. Increasing demand for bioplastics in packaging, textile, and medical devices, among other applications is fueling market growth in the region. The presence of major agricultural countries in the region, such as Brazil, Argentina, and Chile are anticipated to create a demand for bioplastics over the forecast period.
- Latin America Bioplastics Market Product Outlook (Revenue, USD Million , 2021-2033)
- Biodegradable
- Non-Biodegradable
- Latin America 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 continent-level data and insights on the Latin America Bioplastics Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Bioplastics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Bioplastics Market, 2021-2033 (US$M)
Latin America bioplastics market statistics, by product, 2021-2033 (US$M)
