Mexico - North America Bioplastics Market Size & Outlook
Global Market
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Mexico bioplastics market highlights
- The Mexico bioplastics market generated a revenue of USD 336.6 million in 2025 and is expected to reach USD 1,157.9 million by 2033.
- The Mexico market is expected to grow at a CAGR of 16.7% 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 336.6 million |
| Market revenue in 2033 | USD 1,157.9 million |
| Growth rate | 16.7% (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, Mexico accounted for 1.8% 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.
Bioplastics market in Mexico is expected to witness substantial growth over the forecast period owing to the rising demand from key application sectors such as packaging and consumer goods. The growing adoption of bioplastic in food packaging and agriculture is further propelling the demand for bioplastics in the country.
In 2021, bioplastics-based products were the most consumed product types in the country due to their high demand in consumables & electronics, electric automotive components, and the packaging industry Mexico was one of the largest importers of plastics globally.
Furthermore, rising environmental concerns related to single-use plastics and the government’s initiatives to reduce global warming and greenhouse gas emissions are expected to provide lucrative opportunities for market growth in the coming years.
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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 |
Mexico - North 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.
Non-Biodegradable was the largest segment with a revenue share of 61.14% in 2025.
Horizon Databook has segmented the Mexico - North America bioplastics market based on biodegradable, non-biodegradable covering the revenue growth of each sub-segment from 2021 to 2033.
Bioplastics market in Mexico is expected to witness substantial growth over the forecast period owing to the rising demand from key application sectors such as packaging and consumer goods. The growing adoption of bioplastic in food packaging and agriculture is further propelling the demand for bioplastics in the country.
In 2021, bioplastics-based products were the most consumed product types in the country due to their high demand in consumables & electronics, electric automotive components, and the packaging industry Mexico was one of the largest importers of plastics globally.
Furthermore, rising environmental concerns related to single-use plastics and the government’s initiatives to reduce global warming and greenhouse gas emissions are expected to provide lucrative opportunities for market growth in the coming years.
- Mexico - North America Bioplastics Market Product Outlook (Revenue, USD Million , 2021-2033)
- Biodegradable
- Non-Biodegradable
- Mexico - North 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 country-level data and insights on the Mexico - North America Bioplastics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Bioplastics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - North America Bioplastics Market, 2021-2033 (US$M)
Mexico bioplastics market statistics, by product, 2021-2033 (US$M)
