Global Bio-Based Chemicals and Bio-Based Polymer Market Value Insights in 2025 Based on Type, Application, Region, and Plyer

1. Global Bio-Based Chemicals and Bio-Based Polymer Market

The global market for bio-based chemicals and bio-based polymers is poised for significant growth in the coming years. The global market value for bio-based chemicals and bio-based polymers is projected to reach $148,694 million by 2025 with a CAGR of 7.5% from 2025 to 2030.

Bio-based chemicals and bio-based polymers are defined as products derived from renewable biomass, such as starch, glucose, lignocellulose, and other biological materials. These materials are used to produce bulk and fine chemicals, as well as polymers that are environmentally friendly and sustainable. Bio-based chemicals include non-food starch, cellulose fibers, tall oils, fatty acids, and fermentation products like ethanol and citric acid.

Bio-based polymers, on the other hand, are materials where at least a portion of the polymer is made from renewable raw materials, such as corn or sugarcane. These polymers generally have a lower carbon dioxide footprint compared to traditional fossil fuel-based polymers, making them a more sustainable choice for various industries.

Global Bio-Based Chemicals and Bio-Based Polymer Market Value

2. Driving Factors of Bio-Based Chemicals and Bio-Based Polymer Market

The growth of the bio-based chemicals and bio-based polymers market is driven by several key factors. Firstly, the necessity for developing environmentally friendly materials has become increasingly important as traditional fossil fuel-based resources deplete and environmental concerns grow. Bio-based materials offer a sustainable alternative, leveraging renewable resources and biodegradability to minimize environmental impact. This shift towards green, low-carbon, and sustainable practices is supported by advanced technologies and favorable policies, making bio-based materials a leading industry in global economic development.

Secondly, the wide application of bio-based chemicals and bio-based polymers across various industries is a significant driver. These materials are used in packaging, food, textiles, automotive, and other sectors. The versatility and expanding range of bio-based products have led to increased market demand and potential. As more industries recognize the benefits of bio-based materials, the market continues to grow, driven by the need for sustainable and eco-friendly solutions.

3. Limiting Factors of Bio-Based Chemicals and Bio-Based Polymer Market

Despite the positive outlook, the bio-based chemicals and bio-based polymers market faces several challenges. One of the primary limiting factors is the higher production cost compared to traditional plastics. The cost of bio-based materials is influenced by the level of production technology, which currently makes these products more expensive than their fossil fuel-based counterparts. This higher cost can be a barrier to market adoption, particularly in price-sensitive industries.

Another challenge is the need for significant investment in research and development to improve production efficiency and reduce costs. Companies must invest in advanced technologies to enhance the quality and performance of bio-based chemicals and polymers. Additionally, the market must navigate regulatory and policy changes that can impact the production and distribution of these materials. Ensuring compliance with environmental and safety standards is crucial for the industry’s long-term success.

The global market for bio-based chemicals and bio-based polymers is on an upward trajectory, driven by the demand for sustainable and eco-friendly materials. While challenges such as higher production costs and the need for technological advancements exist, the potential for growth remains strong. As industries continue to prioritize sustainability, bio-based chemicals and polymers are poised to play a critical role in the future of manufacturing and production.

4. Global Bio-Based Chemicals and Bio-Based Polymer Market Segment

Bio-Based Chemicals and Bio-Based Polymer

Bio-Based Chemicals: These include bulk and fine chemicals derived from renewable biomass such as starch, glucose, and lignocellulose. Examples include non-food starch, cellulose fibers, tall oils, fatty acids, and fermentation products like ethanol and citric acid. By 2025, the market value for bio-based chemicals is expected to reach $123,356 million. This segment holds the largest market share, accounting for approximately 82.96% of the total market value.

Bio-Based Polymers: These are materials where at least a portion of the polymer is made from renewable raw materials, such as corn or sugarcane. The market value for bio-based polymers is expected to reach $25,337 million by 2025. Although bio-based polymers have a smaller market value, they are growing at a faster rate annually. This segment is gaining traction due to its applications in packaging, automotive, and other industries that require durable and sustainable materials. The faster growth rate suggests that bio-based polymers are becoming increasingly popular as companies seek to reduce their carbon footprint and adopt more sustainable practices.

Market Value and Growth Rates of Different Applications

The packaging industry is one of the largest consumers of bio-based chemicals and polymers. By 2025, the market value for bio-based materials in packaging is expected to reach $73,140 million. This application holds the largest market share, accounting for approximately 49.5% of the total market value.

Bio-based chemicals and polymers are increasingly used in agriculture for applications such as mulching films and crop-growing containers. By 2025, the market value for bio-based materials in agriculture is expected to reach $12,847 million, holding a market share of 8.64%.

The textile industry is another significant user of bio-based polymers, particularly for replacing synthetic fibers. By 2025, the market value for bio-based materials in textiles is expected to reach $18,334 million, accounting for 12.33% of the total market value.

Bio-based chemicals play a crucial role in the food industry, providing longer shelf life and food protection. By 2025, the market value for bio-based materials in food safety is expected to reach $20,178 million, holding a market share of 13.57%.

The automotive industry uses bio-based polymers for various applications, including interior components and protective casings. By 2025, the market value for bio-based materials in automotive is expected to reach $14,542 million, accounting for 9.78% of the total market value.

Market Value and Share by Segment

5. Regional Bio-Based Chemicals and Bio-Based Polymer Market

North America: This region is expected to have a market value of $39002 million by 2025. North America has historically been a significant market for bio-based materials, driven by strong consumer demand for sustainable products and advanced technological capabilities.

Europe: Europe is projected to have a market value of $34928 million by 2025. The region is known for its stringent environmental regulations and high adoption rates of sustainable materials.

Asia-Pacific: This region is expected to have the largest market value of $68072 million by 2025. The Asia-Pacific region is the fastest-growing market, driven by rapid industrialization, increasing consumer demand, and government support for sustainable practices.

South America: South America is projected to have a market value of $4610 million by 2025, driven by increasing demand for sustainable materials in industries such as agriculture and packaging.

Middle East & Africa: This region is expected to have a market value of $2082 million by 2025, driven by increasing awareness and adoption of sustainable materials in emerging economies.

The Asia-Pacific region is projected to be the largest market by value in 2025. This region’s dominance is attributed to its rapid industrialization, large consumer base, and increasing demand for sustainable materials. The Asia-Pacific region is also the fastest-growing region, with a CAGR of 8.5%. This growth is driven by increasing government support for sustainable practices, technological advancements, and rising consumer awareness of environmental issues.

Global Bio-Based Chemicals and Bio-Based Polymer Value (M USD) by Regions in 2025

6. Top 3 Companies in the Bio-Based Chemicals and Bio-Based Polymer Market

BASF SE

Company Introduction and Business Overview: BASF SE is a German multinational chemical company and the largest chemical producer in the world. Established in 1965, BASF operates in segments such as Chemicals, Plastics, Performance Products, Functional Solutions, Agricultural Solutions, and Oil and Gas. The company is headquartered in Ludwigshafen, Germany, and has a global presence with subsidiaries and joint ventures in over 80 countries.

Products Offered: BASF offers a wide range of bio-based products, including ecovio®, a certified compostable polymer with bio-based content. This product is used in various applications such as organic waste bags, fruit and vegetable bags, and agricultural films.

Toray Industries, Inc.

Company Introduction and Business Overview: Toray Industries, Inc. is a multinational corporation headquartered in Japan, specializing in industrial products centered on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry. Established in 1926, Toray operates in areas such as fibers and textiles, plastics and chemicals, pharmaceuticals, biotechnology, and advanced composite materials.

Products Offered: Toray offers products such as AQ-NYLON, a water-soluble nylon used in various coating applications. The company is known for its innovative and high-quality bio-based materials that cater to diverse industries.

PTT Global Chemical Public Company Limited

Company Introduction and Business Overview: PTT Global Chemical Public Company Limited is a leading chemical company in Thailand, established in 1978. The company is involved in various businesses, including oleochemicals, petrochemical products, and renewable energy. PTT Global Chemical is known for its commitment to sustainability and innovation in the chemical industry.

Products Offered: PTT Global Chemical offers products such as METHYL ESTER, a bio-based diesel fuel derived from vegetable oils. This product is used as a replacement for petroleum diesel and is known for its environmental benefits.

Major Players