Compostable Polymer Market size was valued at USD 2.5 Billion in 2024 and is projected to reach USD 6.5 Billion by 2033, exhibiting a CAGR of 10.5% from 2026 to 2033.
In 2022, the global compostable plastics market was valued at approximately $2.34 billion and is projected to grow at a compound annual growth rate (CAGR) of 11.01% from 2024 to 2030. Europe held the largest market share, driven by technological advancements, increased consumer awareness, and government initiatives promoting renewable polymers. The Asia Pacific region is expected to register significant growth due to a rising population, increased healthcare expenditure, and growing concerns over the environmental impact of non biodegradable plastics. The United States compostable plastics market generated revenue of $428.6 million in 2024 and is anticipated to reach $811.7 million by 2030, growing at a CAGR of 10.5% from 2025 to 2030. Starch blends were the largest revenue generating product segment in 2024, while polylactic acid is projected to experience the fastest growth during the forecast period. Opportunities in the compostable polymer market include the development of bio based and marine degradable polymers, expansion into agricultural and horticultural applications, and increased focus on renewable feedstock sourcing to enhance environmental sustainability.
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BASF SE
BIOTEC
Cardia Bioplastics
DuPont
Eastman Chemical Company
FKuR Kunststoff GmbH
Merck KGaA
Mitsubishi Chemical Holdings Corporation
NatureWorks
Novamont
Rodenburg Biopolymers
Teijin
Total Corbion
Unitika
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Compostable Polymer Market
Polylactic Acid (PLA)
Polyhydroxyalkanoates (PHA)
Starch-Based Polymers
Cellulose-Based Polymers
Others
Packaging
Consumer Goods
Textiles
Agriculture
Medical
Food and Beverage
Healthcare
Consumer Electronics
Automotive
Textiles
Blends
Composites
Films
Foams
Extrusion
Injection Molding
Blow Molding
Thermoforming
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Compostable Polymer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Compostable Polymer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Compostable Polymer Market, By Type
6. Global Compostable Polymer Market, By Application
7. Global Compostable Polymer Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Compostable Polymer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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