World's Top 20 Companies in Bio-Based Materials in 2025 Watch List: Statistics Report (2024–2035)
RELEASE DATE: Jul 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Bio-Based Materials Market Size is projected to Grow from USD 51.66 Billion in 2024 to USD 653 Billion by 2035, at a CAGR of 25.94% during the forecast period 2025–2035. The Global Bio-Based Materials Market is experiencing significant growth due to several key factors. Rising environmental awareness, government regulations, and advancements in technology are driving the adoption of bio-based materials across various industries. Specifically, increasing demand for sustainable solutions, particularly in packaging, textiles, and automotive components, is a major growth driver.
Introduction
Bio-based materials are material obtained from renewable biomass sources such as plants, animals, or microorganisms instead of fossil fuels. They provide a permanent option for traditional materials, potentially reduce dependence on fossil resources and reduce carbon footprints. Bio-based material markets include unlike traditional petroleum-based materials, renewable biological resources, such as the industry focused on the production and distribution of materials derived from plants, animals and microorganisms. These materials are designed to be more durable and environmentally friendly with applications in various fields such as packaging, automotive, construction and consumer goods. Bio-based material market presents important growth opportunities, which enhances progress in environmental awareness, regulations and material science. Major areas include bio-based plastic, special materials, coatings and construction materials with increasing demand in various industries. Emerging markets and technological progresses are expanding more markets.
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Bio-Based Materials Market Size & Statistics
- The Market Size for Bio-Based Materials was Estimated to be Worth USD 51.66 Billion in 2024.
- The Market Size is going to Expand at a CAGR of 25.94% between 2025 and 2035.
- The Global Bio-Based Materials Market Size is Anticipated to Reach USD 653 Billion by 2035.
- Asia Pacific is Expected to generate the highest demand during the forecast period in the Bio-Based Materials market.
- Europe is Expected to Grow the fastest during the forecast period in the Bio-Based Materials market.
Regional growth and demand
Europe is expected to grow the fastest during the forecast period in the Bio-Based Materials market.
The region's environmental leadership, as well as rigorous legislation supporting the use of renewable resources, is critical in encouraging the development of bio-based materials. The government's regulations, subsidies, and funding initiatives encourage firms to create and invest in bio-based technologies. Furthermore, Europe's strong industrial base, particularly in the automotive, packaging, and textile industries, creates a powerful market for bio-based materials. Technological developments and ongoing research in biotechnology improve the competitiveness and variety of bio-based products offered. Furthermore, consumer awareness and preference for eco-friendly and sustainable products continue to fuel market growth. The European packaging market is developing as a result of both industry participants' increased emphasis on sustainable packaging and the European Commission's strong implementation of GHG emission-related legislation. A high level of regional awareness about decreasing GHG emissions during manufacturing activities in conformity with the Horizon program will encourage market expansion in the area.
Asia pacific is expected to generate the highest demand during the forecast period in the Bio-Based Materials market. Asia Pacific region attributed to increasing environmental awareness and concerns over the sustainability of traditional materials have spurred demand for bio-based alternatives across industries such as packaging, automotive, construction, and consumer products. Governments in countries like China, India, Japan, and South Korea are actively supporting this growth through policies, incentives, and investments in biotechnology and manufacturing technologies. Technological advancements are improving the efficiency and cost-effectiveness of bio-based materials, making them more competitive in the market. Additionally, rising consumer preferences for eco-friendly products and expanding disposable incomes are further accelerating the adoption of bio-based materials in the region.
Top 10 Bio-Based Materials Trends
- Rapid Expansion of Bio-Based Polymers
- Bio-Materials for Automotive and EV Applications
- Rise of Waste-Based Bio-Materials
- Functional Bio-Coatings and Films
- Government Regulations and Incentives
- Consumer Demand for Sustainable Products
- Technological Advancements
- Synthetic Biology
- Bio-based Textiles and Apparel
- Bioplastics
1. Rapid Expansion of Bio-Based Polymers
Materials like PLA, PHA, and bio-PE are gaining traction due to their lower carbon footprint and comparable performance to traditional plastics.
2. Bio-Materials for Automotive and EV Applications
Automotive manufacturers are increasingly using bio-based composites and resins to meet lightweighting and ESG targets.
3. Rise of Waste-Based Bio-Materials
Lignin, cellulose, and agricultural waste derivatives are finding applications in bioplastics, construction panels, and coatings.
4. Functional Bio-Coatings and Films
These are becoming more prevalent as sustainable alternatives in various industries.
5. Government Regulations and Incentives
Policies aimed at reducing carbon emissions and promoting circular economy principles are boosting the adoption of bio-based materials.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Bio-Based Materials market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 15 Companies Leading the Bio-Based Materials Market
- BASF
- Braskem
- DuPont
- vonik Industries
- Arkema
- Corbion
- Mitsui Chemicals
- Dow Chemical Company
- Avantium
- Sumitomo Chemical
- China Petroleum & Chemical Corporation (Sinopec)
- Eastman Chemical Company
- DSM
- LANXESS
- Huntsman Corporation
- Others
1. BASF
Headquarters – Germany
BASF is actively involved in the growing bio-based materials market, offering a range of solutions derived from renewable raw materials. These bio-based materials are used as drop-in replacements for fossil-based products or as new materials with unique properties that can't be achieved with traditional resources. BASF's commitment extends to reducing carbon footprints and promoting sustainability within various industries.
2. DuPont
Headquarters – United States
DuPont is actively involved in the bio-based materials market, particularly with its bio-based hybrid resins, and is recognized for its contributions to sustainable materials and circular economies. The bio-based materials market as a whole is experiencing significant growth, driven by increasing demand for sustainable alternatives to traditional materials.
3. braskem
Headquarters – Sao Paulo
Braskem is a major player in the bio-based materials market, particularly with its I'm green bio-based polyethylene derived from sugarcane. The company is focused on expanding its biopolymer production capacity and has set a goal to reach 1 million tons of annual production capacity for bio-based and bio attributed products by 2030. Braskem's bio-based products are used in various applications, including packaging, footwear, and other consumer goods, and the company is actively exploring partnerships to further develop and commercialize its bio-based solutions.
4. Evonik Industries
Headquarters – Germany
Evonik Industries is actively involved in the bio-based materials market, particularly in areas like biosurfactants, high-performance plastics, and cosmetic ingredients. They are expanding their portfolio of bio-based products to meet the growing demand for sustainable solutions across various industries, including personal care, cleaning products, and medical devices.
5. Arkema.
Headquarters – France
Arkema is a significant player in the bio-based materials market, particularly with its Oleris advanced bio-materials derived from castor oil. They are a leader in specialty chemicals for cosmetics, fragrances, lubricants, construction, and pharmaceuticals, and are expanding their global capacity for these bio-based oleochemicals. Arkema also utilizes a mass balance approach to integrate more bio-based materials into its production processes, reducing the carbon footprint of its products.
Are you ready to discover more about the Bio-Based Materials market?
The report provides an in-depth analysis of the leading companies operating in the global Bio-Based Materials market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- BASF
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Braskem
- DuPont
- Evonik Industries
- Arkema
- Corbion
- Mitsui Chemicals
- Dow Chemical Company
- Avantium
- Sumitomo Chemical
- Others
Conclusion
The bio-based material market is ready for significant growth, from USD 623 billion to 2035 from 51.66 billion to 2035 in 2024 to perform strong CAGR of 25.40%. This significant expansion is mainly powered by environmental awareness, promoting rigorous government rules and promoting continuous technological progress. Major applications are emerging in various fields, including packaging, automotive, construction and textiles, which are fuel by increasing consumer demand for environmentally friendly options. While the demand for North America is estimated to lead, Asia Pacific is ready for the fastest development, with Europe also demonstrating strong capacity due to its active environmental policies. The future of the market will be shaped by rapid expansion of bio-based polymer, integration of bio-content in electric vehicles and innovative use of waste-based feedstocks, which outlines a global change towards a more circular and sustainable economy.
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