Plant Based Plastic (Green Plastic) Market, By Source of Raw Material (Corn Starch, Sugarcane, Cassava, and Others (Soy, Potato, Algae, etc.), By Type (PLA (Polylactic Acid), PHA (Polyhydroxyalkanoates), Starch-Based Plastics, and Other), By End-use Indus

Plant-based plastics, also known as green plastics, are a category of plastics derived from renewable biomass sources such as vegetable oils and starches. They provide an environmentally sustainable alternative to conventional petroleum-based plastics. Green plastics have gained popularity due to growing environmental consciousness and demands for eco-friendly products. Their biodegradability allows them to decompose more quickly when disposed of properly. Major types of green plastics include polylactic acid (PLA) made from corn starch, cellulose acetate produced from cellulose, and polyhydroxyalkanoates (PHA) derived from sugar cane and other plant lipids. They can be utilized in applications ranging from food packaging and textiles to 3D printing filaments.

Market Dynamics:

Growing environmental concerns about plastic waste and the negative impacts of extensive petroleum extraction are driving the demand for biodegradable and sustainable alternatives. Government support through regulations restricting single-use plastics along with subsidies for plant-based plastics production is encouraging manufacturers to shift toward green options. However, plant-based plastics still have higher production costs compared to fossil fuel-based equivalents which restrains their mass adoption. Ongoing research to develop cost-effective technologies for plastic polymer extraction from various biomass feedstocks could help address this challenge. Furthermore, increased partnerships across the value chain from agricultural raw material suppliers to plastic product brands offer new opportunities to promote the market potential of green plastics.

Key features of the study:

  • This report provides in-depth analysis of the global the plant based plastic (green plastic) market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global the plant based plastic (green plastic) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Corbion, BASF, TotalEnergies Corbion, Mitsubishi Chemical Corporation, NatureWorks LLC, Novamont S.p.A., Eastman Chemical Company, Braskem, Danimer Scientific, Green Dot Bioplastics, SABIC, Futerro, Genomatica, Toray Industries, Inc., Biome Bioplastics, Kaneka Corporation, Arkema, and PTT MCC Biochem Co., Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global the plant based plastic (green plastic) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global The plant based plastic (green plastic) market
Detailed Segmentation-
  • Source Of Raw Material Insights (Revenue, USD Bn, 2020 - 2032)
  • Corn Starch
  • Sugarcane
  • Cassava
  • Others (Soy, Potato, Algae, etc.).
  • Type Insights (Revenue, USD Bn, 2020 - 2032)
  • PLA (Polylactic Acid)
  • PHA (Polyhydroxyalkanoates)
  • Starch-Based Plastics
  • Other
  • End-use Industry Insights (Revenue, USD Bn, 2020 - 2032)
  • Packaging
  • Textile
  • Automotive & Transport
  • Electronics & Electricals
  • Coatings & Adhesives
  • Agriculture & Horticulture
  • Others (Building & Construction, etc.)
  • Regional Insights (Revenue, USD Bn 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Corbion
  • BASF
  • TotalEnergies Corbion
  • Mitsubishi Chemical Corporation
  • NatureWorks LLC
  • Novamont S.p.A.
  • Eastman Chemical Company
  • Braskem
  • Danimer Scientific
  • Green Dot Bioplastics
  • SABIC
  • Futerro
  • Genomatica
  • Toray Industries, Inc.
  • Biome Bioplastics
  • Kaneka Corporation
  • Arkema
  • PTT MCC Biochem Co., Ltd.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Source of Raw Material
Market Snippet, By Type
Market Snippet, By End-use Industry
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Plant Based Plastic (Green Plastic) Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Plant Based Plastic (Green Plastic) Market – COVID-19
Impact Analysis
5. Global Plant Based Plastic (Green Plastic) Market, By Source of Raw Material, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Corn Starch
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Sugarcane
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Cassava
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others (Soy, Potato, Algae, etc.)
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
6. Global Plant Based Plastic (Green Plastic) Market, By Type, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
PLA (Polylactic Acid)
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
PHA (Polyhydroxyalkanoates)
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Starch-Based Plastics
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Other
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
7. Global Plant Based Plastic (Green Plastic) Market, By End-use Industry, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Packaging
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Textile
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Automotive & Transport
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Electronics & Electricals
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Coatings & Adhesives
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Agriculture & Horticulture
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others (Building & Construction, etc.)
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
8. Global Plant Based Plastic (Green Plastic) Market, By Region, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
North America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Source of Raw Material, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Source of Raw Material, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Source of Raw Material, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Source of Raw Material, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Source of Raw Material, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Sub-regions/Countries
GCC Countries
Israel
Rest of Middle East
Africa
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Source of Raw Material, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Sub-regions/Countries
South Africa
North Africa
Central Africa
9. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Corbion
Company Overview
Source of Raw Material Portfolio
Recent Developments/Updates
BASF
TotalEnergies Corbion
Mitsubishi Chemical Corporation
NatureWorks LLC
Novamont S.p.A.
Eastman Chemical Company
Braskem
Danimer Scientific
Green Dot Bioplastics
SABIC
Futerro
Genomatica
Toray Industries, Inc.
Biome Bioplastics
Kaneka Corporation
Arkema
PTT MCC Biochem Co., Ltd.
10. Analyst Recommendation
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. Section
References
Research Methodology
About Us and Sales Contact
* Browse 50 market data tables* and 40 figures* on “Global Plant Based Plastic (Green Plastic) Market” - forecast to 2032.

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