Biodegradable Polymers Market Size, Share, Demand, Growth and Future Competition 2034
Biodegradable Polymers Market Growth, Size, Trends Analysis - By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: May-2025 | Report ID: CHEM2564 | Pages: 1 - 250 | Formats*: |
| Category : Chemical & Materials | |||
Biodegradable Polymers Market Introduction and Overview
According to SPER Market Research, the Global Biodegradable Polymers Market is estimated to reach USD 69.3 billion by 2034 with a CAGR of 21.83%.
The report includes an in-depth analysis of the Global Biodegradable Polymers Market, including market size and trends, product mix, Applications, and supplier analysis. The market for biodegradable polymers was estimated to be worth USD 9.62 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of more than 21.83% from 2025 to 2034. These polymers, derived from renewable sources such as corn starch, sugarcane, and cellulose, offer a viable answer to the worldwide plastic pollution challenge. The industry is expanding as a result of governments throughout the world enacting laws encouraging the use of biodegradable substitutes due to rising awareness of the harm that non-biodegradable plastics cause to ecosystems and human health. Brands and consumers alike are looking for environmentally friendly packaging options, making the packaging sector a significant driver of biodegradable polymers.
By Type Insights:
Based on type, the market is divided into starch-based, polylactic acid (PLA), polyhydroxy alkanoates (PHA), polyesters (PBS, PBAT, and PCL), and cellulose derivatives. Starch-based polymers had the largest market share in 2024. These polymers come from renewable sources like corn and potatoes and are popular due to their availability, low cost, and ability to break down naturally. Polylactic acid (PLA) is made from fermented plant sugars and is valued for its flexibility and compatibility, making it ideal for packaging, textiles, and medical uses. Polyhydroxyalkanoates (PHA) are made by microorganisms from renewable resources and are noted for their biodegradability and wide applications. Polyesters such as PBS, PBAT, and PCL also play important roles in the market, offering various useful properties.
By Application Insights:
Based on application, the market is divided into agriculture, textile, consumer goods, packaging, healthcare, and other sectors. In 2024, agriculture applications held the largest market share and are expected to continue growing until 2034. Biodegradable polymers are used in agriculture for mulch films, soil erosion control, and crop packaging, influenced by environmental regulations and sustainability efforts. In textiles, these polymers are applied in fibers and fabrics, providing eco-friendly options. The consumer goods sector also uses biodegradable polymers in products like disposable cutlery and bags, while the packaging sector is driven by demand for biodegradable materials due to plastic pollution concerns.
Regional Insights:
Asia Pacific led the global biodegradable polymers market in 2024, with China as the main player due to its large-scale manufacturing, high demand for eco-friendly products, and supportive government policies. India also plays a significant role, boosted by growing industries, consumer awareness, and favorable government initiatives for renewable materials.
Japan, known for its advanced technology and commitment to sustainability, holds a significant market share, especially in research and development of biodegradable polymers. Southeast Asian countries like Thailand, Indonesia, and Vietnam are becoming important contributors, fueled by investments in infrastructure, agriculture, and packaging.
Market Competitive Landscape:
Several significant competitors in the biodegradable polymers business stand out due to their diversified product offers, technological developments, and strategic ambitions. Mitsubishi Chemical Group and BASF, both global chemical giants, use their substantial R&D skills and production knowledge to create novel biodegradable polymer solutions for a wide range of applications across sectors. Novamont, a prominent bioplastics company, distinguishes itself by its emphasis on renewable feedstocks and commitment to sustainability, providing biodegradable polymer alternatives produced from renewable sources such as starch and vegetable oil.
Recent Developments:
In November 2024, BASF SE introduced a new midsole technology called CircleCELL with Mount to Coast, which specializes in ultrarunning footwear. This midsole uses BASF's biomass-balanced ecoflex BMB biopolymer, improving performance and sustainability. It's said to be 90% more durable than traditional materials like PEBA.
In September 2024, Danimer Scientific and Ningbo Homelink Eco-iTech announced the launch of Nodax, a home compostable extrusion coating biopolymer made from polyhydroxyalkanoate (PHA) for paper cups.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, By Application |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | BASF, Biome Technologies, Borealis Group, Changsu, Corbion, Evonik Health Care, FKuR, Jiangmen Xinshuo New Materials Co., Ltd, Mitsubishi Chemical Group, NaturTec, Novamont, Polysciences. |
Key Topics Covered in the Report:
- Global Biodegradable Polymers Market Size (FY’2021-FY’2034)
- Overview of Global Biodegradable Polymers Market
- Segmentation of Global Biodegradable Polymers Market By Type (Starch-based, Polylactic Acid, Polyhydroxy Alkanoates, Polyesters, Cellulose Derivatives)
- Segmentation of Global Biodegradable Polymers Market By Application (Agriculture, Textile, Consumer Goods, Packaging, Healthcare)
- Statistical Snap of Global Biodegradable Polymers Market
- Expansion Analysis of Global Biodegradable Polymers Market
- Problems and Obstacles in Global Biodegradable Polymers Market
- Competitive Landscape in the Global Biodegradable Polymers Market
- Details on Current Investment in Global Biodegradable Polymers Market
- Competitive Analysis of Global Biodegradable Polymers Market
- Prominent Players in the Global Biodegradable Polymers Market
- SWOT Analysis of Global Biodegradable Polymers Market
- Global Biodegradable Polymers Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1.Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5.Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Biodegradable Polymers Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Biodegradable Polymers Market
7. Global Biodegradable Polymers Market, By Type (USD Million) 2021-2034
- 7.1. Starch-based
- 7.2. Polylatic Acid (PLA)
- 7.3. Polyhydroxy Alkanoates (PHA)
- 7.4. Polyesters (PBS, PBAT and PCL)
- 7.5. Cellulose Derivatives
8. Global Biodegradable Polymers Market, By Application (USD Million) 2021-2034
- 8.1. Agriculture
- 8.2. Textile
- 8.3. Consumer Goods
- 8.4. Packaging
- 8.5. Healthcare
- 8.6. Other
9. Global Biodegradable Polymers Market, (USD Million) 2021-2034
- 9.1. Global Biodegradable Polymers Market Size and Market Share
10. Global Biodegradable Polymers Market, By Region, (USD Million) 2021-2034
- 10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
- 10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
- 10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
- 10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
11. Company Profile
- 11.1. BASF
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Biome Technologies
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Borealis Group
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Changsu
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Corbion
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Evonik Health Care
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. FKuR
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. Jiangmen Xinshuo New Materials Co., Ltd
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Mitsubishi Chemical Group
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. NaturTec
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. Novamont
- 11.11.1. Company details
- 11.11.2. Financial outlook
- 11.11.3. Product summary
- 11.11.4. Recent developments
- 11.12. Polysciences
- 11.12.1. Company details
- 11.12.2. Financial outlook
- 11.12.3. Product summary
- 11.12.4. Recent developments
- 11.13. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Biodegradable Polymers Market is projected to reach USD 69.3 billion by 2034, growing at a CAGR of of 21.83% during the forecast period.
Biodegradable Polymers Market grew in Market size from 2025. The Market is expected to reach USD 69.3 billion by 2034, at a CAGR of 21.83% during the forecast period.
Biodegradable Polymers Market CAGR of 21.83% during the forecast period.
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Biodegradable Polymers Market size is USD 69.3 billion from 2025 to 2034.
Biodegradable Polymers Market is covered By Type, By Application
The North America is anticipated to have the highest Market share in the Biodegradable Polymers Market .
BASF, Biome Technologies, Borealis Group, Changsu, Corbion, Evonik Health Care, FKuR, Jiangmen Xinshuo New Materials Co., Ltd, Mitsubishi Chemical Group, NaturTec, Novamont, Polysciences.
The report includes an in-depth analysis of the Global Biodegradable Polymers Market, including market size and trends, product mix, Applications, and supplier analysis.
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