South Korea Bioplastics Market Size & Outlook, 2026-2033
The bioplastics market in South Korea is expected to reach a projected revenue of US$ 954.3 million by 2033. A compound annual growth rate of 17.9% is expected of South Korea bioplastics market from 2026 to 2033.
Revenue, 2025 (US$M)
$254.8
Estimate, 2026 (US$M)
$301.4
Forecast, 2033 (US$M)
$954.3
CAGR, 2026 - 2033
17.9%
Global Market
Related Markets
South Korea bioplastics market highlights
- The South Korea bioplastics market generated a revenue of USD 254.8 million in 2025 and is expected to reach USD 954.3 million by 2033.
- The South Korea market is expected to grow at a CAGR of 17.9% 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.
Bioplastics market data book summary
| Market revenue in 2025 | USD 254.8 million |
| Market revenue in 2033 | USD 954.3 million |
| Growth rate | 17.9% (CAGR from 2026 to 2033) |
| Largest segment | 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, South Korea accounted for 1.4% 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 Asia Pacific, China bioplastics market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,182.5 million by 2033.
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Publish Date: Mar 05, 2026
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Bioplastics Market Scope
Bioplastics Market segmentation & 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 |
South Korea 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 60.28% in 2025.
Horizon Databook has segmented the South Korea bioplastics market based on biodegradable, non-biodegradable covering the revenue growth of each sub-segment from 2021 to 2033.
- South Korea Bioplastics Market Product Outlook (Revenue, USD Million , 2021-2033)
- Biodegradable
- Non-Biodegradable
- South Korea 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 South Korea Bioplastics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Bioplastics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Bioplastics Market, 2021-2033 (US$M)
South Korea bioplastics market statistics, by product, 2021-2033 (US$M)
