2024 was a respectable year for bio-based polymers, with an overall expected CAGR of 13 % to 2029. Overall, bio-based biodegradable polymers have large installed capacities with an expected CAGR of 17 % to 2029, but the current average capacity utilisation is moderate at 65 %. In contrast, bio-based non-biodegradable polymers have a much higher utilisation rate of 90 %, but will only grow by 10 % to 2029.
Epoxy resin and PUR production is growing moderately at 9 and 8 %, respectively, while PP and cyclic APC capacities are increasing by 30 %. Despite a decline in production of biodegradables, especially for PLA in Asia, capacities have increased by 40 %. The same applies to PHA capacities. Commercial newcomers such as casein polymers and PEF recorded a rise in production capacity and are expected to continue to grow significantly until 2029.
Table of Contents
1. Global Markets and Trends of Bio-based Building Blocks and Polymers 2024-2029
- 1.1. Executive Summary
- Capacity Increase
- Bio-based Feedstock and Land Use
- Drivers and Policy
- Bio-based Polymers - The Highlights
- Global Production Capacities of Bio-based Polymers by Region
- Market Segments for Bio-based Polymers
- Bio-based and Non-biodegradable Polymers and Biodegradable Polymers
- 1.2. Background and Additional Information
- Bio-based Building Blocks
- Bio-based Polymers - The Details
- Detailed Market Segment for each Bio-based Polymer
- 1.3. Study Background and Methodology
- Definitions and Focus of the Report
2. Market data for selected Bio-based Building Blocks
- 2.1. 11-Aminoundecanoic acid (11-AA)
- 2.2. 1,4-Butanediol (1,4-BDO)
- 2.3. Dodecanedioic acid (DDDA)
- 2.4. Epichlorohydrin (ECH)
- 2.5. Ethylene
- 2.6. Furan derivatives
- 2.7. 5-Chloromethylfurfural (5-CMF)
- 2.8. 2,5-Furandicarboxylic acid (2,5-FDCA)
- 2.9. Furandicarboxylic methyl ester (FDME)
- 2.10. 5-Hydroxymethylfurfural (5-HMF)
- 2.11. Isosorbide
- 2.12. Lactic acid - D-lactic acid (D-LA)
- 2.13. Lactic acid - L-lactic acid (L-LA)
- 2.14. Monoethylene glycol (MEG)
- 2.15. Monopropylene glycol (MPG)
- 2.16. Naphtha
- 2.17. 1,5-Pentametylenediamine (DN5)
- 2.18. 1,3-Propanediol (1,3-PDO)
- 2.19. Propylene
- 2.20. Sebacic acid
- 2.21. Succinic acid (SA)
3. Market data for selected Bio-based Polymers
- 3.1. Aliphatic polycarbonates (APC) - cyclic
- 3.2. Aliphatic polycarbonates (APC) - linear
- 3.3. Casein polymers (CP)
- 3.4. Cellulose acetate (CA)
- 3.5. Epoxy resins
- 3.6. Ethylene propylene diene monomer rubber (EPDM)
- 3.7. Polyamides (PA)
- 3.8. Poly(butylene adipate-co-terephthalate) (PBAT)
- 3.9. Polybutylene succinate (PBS) and copolymers
- 3.10. Polyethylene (PE)
- 3.11. Polyethylene furanoate (PEF)
- 3.12. Polyethylene terephthalate (PET)
- 3.13. Polyhydroxyalkanoates (PHA)
- 3.14. Polylactic acid (PLA)
- 3.15. Polypropylene (PP)
- 3.16. Polytrimethylene terephthalate (PTT)
- 3.17. Polyurethanes (PUR)
- 3.18. Starch-containing polymer compounds (SCPC)
4. Mass Balance and Attribution (MBA)
- 4.1. Statistical Analysis of MBA Products via the ISCC
- Methodology and Scope
- Results
- Feedstocks
- Building Blocks and Chemicals
- Polymers
- Companies
- Regional Distribution
- 4.2. References
5. Biodegradability of Polymers
- 5.1. Background Information on Biodegradation
- 5.2. Overview of Standards, Norms and Certification Concepts
- DIN EN 13432
- DIN EN 14995
- DIN EN 17033
- ASTM D6691 - 17
- AS 5810 - 2010
- NF T51-800
- Certification by TUV Austria
- OK compost INDUSTRIAL
- OK compost HOME
- OK biodegradable SOIL
- OK biodegradable WATER
- OK biodegradable MARINE
- "DIN-gepruft biodegradable in soil"
- "DIN-gepruft industrial compostable" & "Seedling"
- "DIN-gepruft home compostable"
- "DIN-gepruft/ DINPlus Biodegradable in marine biodegradation"
- 5.3. References
6. Bio-based Polymers in Policy - An Overview
- Indirect policy effects on biomass as a feedstock for the material sector
- Direct policy effects on biomass in material uses, especially in plastics
- Special case: Biodegradable and compostable plastics in EU policy
7. Producers of Bio-based Building Blocks and Polymers: Company Profiles
- 7.1. ab&cd Innovations GmbH
- 7.2. AGC Vinythai Public Co. (formerly Advanced Biochemical (Thailand) Co., Ltd.)
- 7.3. AGRANA Staerke GmbH
- 7.4. Akro-Plastic
- 7.5. Anhui BBCA Biochemical & Futerro PLA Co., Ltd.
- 7.6. Anhui Huaheng Biotechnology Co., Ltd.
- 7.7. Aquafil
- 7.8. Archer Daniels Midland Co.
- 7.9. Arkema S.A
- 7.10. Arlanxeo
- 7.11. Ascend Performance Materials LLC
- 7.12. Avantium N.V
- 7.13. Ayas Renewables Inc
- 7.14. Balrampur Chini Mills Ltd.
- 7.15. BASF SE
- 7.16. BiologiQ, Inc.
- 7.17. Bio-on S.p.A
- 7.18. Bioplastech Ltd.
- 7.19. Bioreset
- 7.20. BIOTEC GmbH & Co. KG
- 7.21. Biotic Circular Technologies Ltd.
- 7.22. Bio Valore World SpA
- 7.23. BluCon Biotech GmbH
- 7.24. Bluepha Co., Ltd.
- 7.25. Borealis AG
- 7.26. BOSK Bioproducts
- 7.27. Braskem S.A.
- 7.28. Braskem Siam Co., Ltd.
- 7.29. Cardia Bioplastics Ltd
- 7.30. Cathay Industrial Biotech, Ltd.
- 7.31. Celanese Corp
- 7.32. Cerdia International GmbH (formerly Rhodia Acetow GmbH)
- 7.33. Citroniq LLC
- 7.34. CJ CheilJedang Corp
- 7.35. COFCO Corp
- 7.36. Corbion
- 7.37. Covation Biomaterials LLC (formerly DuPont)
- 7.38. Covestro AG
- 7.39. Croda International Plc
- 7.40. Daicel Corp
- 7.41. DAK Americas LLC
- 7.42. Dama BioPlastic LLC
- 7.43. Danimer Scientific LLC
- 7.44. Domo Chemicals GmbH
- 7.45. Dongying Hebang Chemical Corp
- 7.46. Dow, Inc.
- 7.47. Eastman Chemical Co
- 7.48. ECO Biochemical Technology Co., Ltd.
- 7.49. Emirates Biotech
- 7.50. EMS - Grivory
- 7.51. Eni S.p.A
- 7.52. Envalior (formerly Advent International and LANXESS, formerly DSM N.V. PA business)
- 7.53. Evonik Industries AG
- 7.54. Far Eastern New Century Corp
- 7.55. Fujian Haobang Chemical Industries
- 7.56. Fujian Huanyang New Materials Co., Ltd.
- 7.57. Futerro
- 7.58. FuturaMat
- 7.59. Galactic
- 7.60. Genecis Bioindustries
- 7.61. Genomatica, Inc.
- 7.62. Grabio Greentech Corp
- 7.63. Green Glycols B.V
- 7.64. Hebei Casda Biomaterials Co., Ltd.
- 7.65. Hebei Jiaao Glycerol Chemical Co., Ltd.
- 7.66. Hebei Jinbang New Materials
- 7.67. Hebei Xinhua Lactic Acid Co
- 7.68. Hebei Zhuotai
- 7.69. Hefei Lifu Biotechnology Co., Ltd. (Leaf Biotech)
- 7.70. Heilongjiang Chenneng Bioengineering Ltd
- 7.71. Heilongjiang Ipin New Materials Co., Ltd.
- 7.72. Heilongjiang Northern Fine Chemicals Co., Ltd.
- 7.73. Henan Jindan Lactic Acid Technology Co., Ltd.
- 7.74. Henan Jindan New Biomaterials
- 7.75. Henan Xinghan Biological Technology Co., Ltd.
- 7.76. Henan Zhongyuan Dahua Group
- 7.77. Hengshui Jinghua Chemical Co., Ltd.
- 7.78. Hokoku Corp
- 7.79. Hubei Guangshui National Chemical Co., Ltd.
- 7.80. Hunan Anhua Lactic Acid Co
- 7.81. Hyosung TNC Co
- 7.82. India Glycols Ltd
- 7.83. Indorama Ventures Public Co., Ltd.
- 7.84. Jayant Agro-Organics Ltd
- 7.85. Jiangsu Anpon Electrochemical Co., Ltd.
- 7.86. Jiangsu Jinghong New Material Technology Co., Ltd.
- 7.87. Jiangsu Senda Biological Engineering Co., Ltd.
- 7.88. Jiangsu Yangnong Chemical Group Co., Ltd.
- 7.89. Jiangsu Zhongzheng Biochemical Co., Ltd.
- 7.90. Jiangxi Keyuan Bio-Material Co., Ltd.
- 7.91. Jilin COFCO Biomaterial Corp
- 7.92. Jungbunzlauer Suisse AG
- 7.93. Kaneka Corp
- 7.94. Kingfa Sci. & Tech. Co., Ltd. (Liaoning and Zhuhai Kingfa Biomaterials Co., Ltd.)
- 7.95. Lactips S.A
- 7.96. Levima Advanced Materials Corp
- 7.97. LG Chem Ltd
- 7.98. Linyi Xinyuan New Material Technology Co., Ltd.
- 7.99. LLC MC "Natural Materials"
- 7.100. Loick Biowertstoff GmbH
- 7.101. Longyan Zhishang New Materials Co., Ltd.
- 7.102. LOTTE Chemical Corp
- 7.103. LyondellBasell Industries Holdings B.V
- 7.104. Mango Materials
- 7.105. Martinez Renewables
- 7.106. Medpha
- 7.107. Epigral Ltd. (formerly Meghmani Finechem Ltd.)
- 7.108. Mercurius Australia
- 7.109. METabolic EXplorer S.A. (METEX)
- 7.110. Michelin ResiCare
- 7.111. Mitsubishi Chemical Corp
- 7.112. Mitsubishi Gas Chemical Co., Inc.
- 7.113. Mitsui Chemicals, Inc.
- 7.114. Multibax Public Co., Ltd.
- 7.115. NatureWorks LLC
- 7.116. Neste
- 7.117. Newlight Technologies LLC
- 7.118. Nexis Fibers A.S.
- 7.119. Next Wave Energy Partners
- 7.120. Ningbo Zhenyiang
- 7.121. Ningxia Hypow Biotechnology Co., Ltd.
- 7.122. Novamont S.p.A
- 7.123. NUREL S.A.
- 7.124. OCIKUMHO Sdn. Bhd
- 7.125. Oleon N.V.
- 7.126. Origin Materials
- 7.127. Orlen Poludnie S.A.
- 7.128. Paques Biomaterials B.V.
- 7.129. PHABio
- 7.130. PhaBuilder
- 7.131. Plantic Technologies Ltd.
- 7.132. PlantSpace LLC
- 7.133. Pliith Biotechnology Co., Ltd. (Pulisi Biotechnology Co., Ltd.)
- 7.134. Primient Covation LLC (formerly DuPont Tate & Lyle Bio Products Co., LLC)
- 7.135. PT Intera Lestari Polimer (formerly Inter Aneka Lestari Kimia, PT)
- 7.136. PT Maharaksa Biru Energi Tbk (formerly PT Protech Mitra Perkasa) and Sojitz Corp
- 7.137. PTT MCC Biochem Co., Ltd.
- 7.138. Puyang Biomass Biotechnology Co., Ltd.
- 7.139. Qingdao Haiwan Chemical Co., Ltd.
- 7.140. Qnature UG
- 7.141. Qore-R LLC
- 7.142. Radici Group
- 7.143. ReSource Chemical Corp
- 7.144. Rodenburg Biopolymers B.V.
- 7.145. Roquette S.A.
- 7.146. RWDC Industries
- 7.147. Safripol
- 7.148. Samyang Group
- 7.149. Samyang Innochem
- 7.150. Sebacic Oman SAOC
- 7.151. Shakespeare Monofilament
- 7.152. Shandong Baisheng Biotechnology Co., Ltd.
- 7.153. Shandong Binhua New Material Co
- 7.154. Shandong Dongchen New Technology Co., Ltd.
- 7.155. Shandong Feiyuan Technology Co., Ltd.
- 7.156. Shandong Golden Corn Co., Ltd.
- 7.157. Shandong Guangyin New Materials Co., Ltd.
- 7.158. Shandong Guangtong New Materials Co., Ltd.
- 7.159. Shandong Hilead Biotechnology Co., Ltd.
- 7.160. Shandong Landian Biological Technology Co., Ltd.
- 7.161. Shandong Minji Chemical Co., Ltd.
- 7.162. Shandong Ruifeng Biomaterials
- 7.163. Shandong Sanye Chemical Co., Ltd.
- 7.164. Shandong Tianruhe Bioengineering Co., Ltd.
- 7.165. Shandong Tongbang New Material
- 7.166. Shandong Wanhua Chemical Group Co., Ltd.
- 7.167. Shandong Xinyue
- 7.168. Shanghai Disoxidation Macromolecule Materials Co., Ltd. (DM-R)
- 7.169. Shanghai (Ma anshan) Tong-Jie-Liang Biomaterials Co., Ltd.
- 7.170. Shanxi Leda Biochemical Co., Ltd.
- 7.171. Shanxi Zhengang Biotechnology Co., Ltd.
- 7.172. Shenzhen Ecomann Biotechnology Co., Ltd.
- 7.173. Shinkong Synthetic Fibers Corp.
- 7.174. Shivam Castor Products Private Ltd
- 7.175. Sichuan Yibin Wuliangye Group Co., Ltd.
- 7.176. Sinolac (Huludao) Biotech Co., Ltd.
- 7.177. SMS Group
- 7.178. Syensqo (formerly known as Solvay S.A.)
- 7.179. SPC Biotech Private Ltd
- 7.180. Spolchemie
- 7.181. Star New Material Co., Ltd.
- 7.182. Stora Enso
- 7.183. Sumitomo Chemical Co., Ltd.
- 7.184. Sunar Misir
- 7.185. Sustainea
- 7.186. Suzhou Polynovo Biotech Co., Ltd.
- 7.187. Suzhou Suzhen Bioengineering Co., Ltd.
- 7.188. Syclus B.V
- 7.189. TCI Sanmar Chemicals S.A.E
- 7.190. Teijin Frontier Co., Ltd.
- 7.191. Teijin Ltd
- 7.192. TerraVerdae BioWorks Inc
- 7.193. thyssenkrupp Industrial Solutions AG (includes Uhde Inventa-Fischer AG and thyssenkrupp Uhde GmbH)
- 7.194. Tianan Biologic Material Co., Ltd.
- 7.195. Topsoe A/S
- 7.196. Toray Industries Inc
- 7.197. TotalEnergies SE
- 7.198. TotalEnergies Corbion
- 7.199. Treemera GmbH
- 7.200. TripleW
- 7.201. Uluu
- 7.202. Unitika Ltd
- 7.203. UPM
- 7.204. Vivan Life Sciences Private Ltd
- 7.205. Wuhan Sanjiang Space Good Biotech Co., Ltd.
- 7.206. Wuxi Nanda Green Materials Science and Engineering Institute Co., Ltd.
- 7.207. Wuxi Xingda Nylon Co., Ltd.
- 7.208. Yangzhou Huitong New Material Co., Ltd.
- 7.209. Yihai Kerry Group
- 7.210. Zhangjiagang Glory Biomaterial Co., Ltd.
- 7.211. Zheijang Haobang Chemical Co., Ltd.
- 7.212. Zhejiang Hengyi Petrochemical Co., Ltd.
- 7.213. Zhejiang Hisun Biomaterials Co., Ltd.
- 7.214. Zhejiang Huafon Synthetic Resin Co., Ltd.
- 7.215. Zhejiang Sugar Energy Technology Co., Ltd.
- 7.216. Zhengzhou Yuanli Biotechnology Technology Co., Ltd.
- 7.217. Zhixing Biotechnology Co., Ltd.
- 7.218. Zhongke Guosheng (Hangzhou) Technology Co., Ltd. (GS Biotech/Guosheng Tech)
Company Product Index
List of Acronyms