Global Automotive Bioplastic Market Size Study, by Material (Bio Poly-Amide (PA), Bio Polyethylene Terephthalate (PET), Bio Polybutylene Succinate (PBS), Bio Polypropylene (PP), Bio Polyethylene (PE), Bio Poly-Trimethylene Terephthalate (PTT), and Others)

The Global Automotive Bioplastic Market, valued at USD 0.76 billion in 2023, is projected to expand at a CAGR of 10.30% from 2024 to 2032. The rising adoption of bioplastics in the automotive industry is a response to growing environmental concerns and stringent sustainability regulations. As the demand for eco-friendly materials intensifies, bioplastics are increasingly replacing conventional petroleum-based plastics in vehicle manufacturing. Their lightweight, high durability, and recyclability make them an ideal alternative, contributing to improved fuel efficiency and reduced carbon emissions. Moreover, the surge in electric vehicle (EV) production has further accelerated the adoption of bioplastics, as manufacturers seek innovative materials that align with sustainable mobility trends.

Automotive manufacturers are increasingly integrating bioplastics into vehicle interiors, exteriors, and engine surroundings, recognizing their ability to enhance vehicle performance while reducing environmental impact. The industry’s shift towards a circular economy has led to advancements in bio-based polymer technology, enabling the production of high-strength, heat-resistant bioplastics that can withstand extreme automotive conditions. Governments worldwide are also implementing stringent emission norms, driving automakers to explore bio-based alternatives that comply with regulatory frameworks. Additionally, increasing investments in bio-refineries and polymer research are fostering the large-scale commercialization of bioplastics, ensuring consistent supply and cost efficiency.

Despite its rapid growth, the automotive bioplastic market faces challenges such as high production costs and limited scalability compared to traditional plastic materials. The dependency on agricultural feedstocks like corn, sugarcane, and castor oil for bioplastic production raises concerns about raw material availability and price volatility. However, ongoing research into second-generation and waste-derived bioplastics is expected to mitigate these challenges, reducing reliance on food-based raw materials. Furthermore, collaborations between automakers and bioplastic manufacturers are driving product innovation, resulting in high-performance composites with enhanced mechanical properties and recyclability.

Asia Pacific dominates the global automotive bioplastic market, driven by China, Japan, and India, where government incentives and a strong automotive manufacturing base are propelling demand for bio-based materials. The European market is also experiencing significant growth, with stringent regulations on CO₂ emissions pushing automakers to adopt sustainable materials. Countries like Germany, France, and the UK are at the forefront of bioplastic innovations, supported by initiatives promoting green vehicle manufacturing. Meanwhile, North America is witnessing steady expansion, driven by rising EV adoption and increasing investments in sustainable automotive solutions. Emerging economies in Latin America and the Middle East & Africa are gradually catching up, with growing awareness of bioplastics and expanding vehicle production contributing to market development.

Major Market Players Included in This Report:
• BASF SE
• Arkema S.A.
• Mitsubishi Chemical Holdings Corporation
• Braskem S.A.
• NatureWorks LLC
• Toyota Tsusho Corporation
• Toray Industries Inc.
• Solvay S.A.
• Novamont S.p.A.
• Corbion N.V.
• Biome Bioplastics Limited
• Borealis AG
• Danimer Scientific
• FKuR Kunststoff GmbH
• Plantic Technologies Limited

The Detailed Segments and Sub-Segments of the Market are Explained Below:

By Material:
• Bio Poly-Amide (PA)
• Bio Polyethylene Terephthalate (PET)
• Bio Polybutylene Succinate (PBS)
• Bio Polypropylene (PP)
• Bio Polyethylene (PE)
• Bio Poly-Trimethylene Terephthalate (PTT)
• Others

By Application:
• Exterior
• Interior
• Engine Surrounding
• Others

By Vehicle:
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Electric Vehicles

By Region:

North America:
• U.S.
• Canada

Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America:
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years Considered for the Study:
• Historical Year: 2022, 2023
• Base Year: 2023
• Forecast Period: 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenue and regional-level analysis for each market segment.
• In-depth analysis of geographical markets with country-level insights.
• Competitive landscape, highlighting key market players and strategic initiatives.
• Analysis of evolving industry trends and investment opportunities.
• Actionable recommendations for stakeholders to navigate the shifting market landscape effectively.