South & Central America Bioplastics and Biopolymers Market Forecast to 2030

According to the research team’ research, the South & Central America bioplastics and biopolymers market was valued at US$ 517.77 million in 2023 and is expected to reach US$ 932.03 million by 2030 registering a CAGR of 8.8% from 2023 to 2030. Increasing regulations and policies against traditional plastic, rising demand for eco-friendly plastics in packaging industry, and growing incorporation of biodegradable plastics in biomedical applications are among the critical factors attributed to the South & Central America bioplastics and biopolymers market expansion.

In the biomedical industry, bioplastics are highly applicable in skin replacements for burnings and wounds, scaffolds for tissue engineering, bone reconstruction, nerves and gum reconstruction, drugs releasing system, blood vessel growth and stent covering. Furthermore, nontoxic biodegradable bioplastics sutures, commonly referred to as stitches, are being used by medical professionals in hospitals and surgeries. Biodegradable plastics are also used for medical devices. For instance, pins, tacks and screws, which are used to help bones heal during reconstructive surgery, are made with bioplastics. Containers for tablets and creams can also be produced utilizing bioplastic. Besides, in the dental industry, bioplastics-based nanocellulose has been used in dental tissue regeneration in humans, produced from microbial cellulose by the Glucanacetobacter xylinus strain. Biodegradable plastics such as PLA; PCL; poly lactic-co-glycolic acid (PLGA) and poly-hydroxyalkanoate (PHA), along with their copolymers, are applied in the human centric biomedical applications. For instance, PLA is widely used in medical applications owing to its biocompatibility and bio dissolvability in the human body by the hydrolysis of the ester backbone to produce non-harmful and nontoxic compounds after its degradation. PLA and its copolymers are also used in wound management applications that includes the manufacturing of surgical sutures, prevention of postoperative adhesions, and the healing of dental wounds. PLA is used in drug delivery systems considering its complete biodegradability, better encapsulation, biocompatibility, and low toxicity. Biodegradable plastics are also used in the orthopaedic applications to avoid a second surgical procedure to remove unnecessary hardware.

Conventional plastic is expected to become more expensive in the future with diminishing raw material sources. The PLA and its copolymers are used in various wound management applications, such as healing dental wounds, making surgical sutures, and preventing postoperative adhesions. PLA has also been implemented in the drug delivery system owing to its encapsulation capacity, low toxicity, and biocompatibility. Thus, all the aforementioned factors are estimated to offer lucrative opportunities for the bioplastics and biopolymers market over the coming years.

On the contrary, lack of infrastructure and recycling facilities for bioplastics and biopolymers hampers the South & Central America bioplastics and biopolymers market.

Based on product type, the South & Central America bioplastics and biopolymers market is segmented into polyethylene, polyethylene terephthalate, polylactic acid, polytrimethylene terephthalate, polybutylene adipate terephthalate, polybutylene succinate, cellulose, blends, and others. The blends segment held 30.0% share of South & Central America bioplastics and biopolymers market in 2023, amassing US$ 155.51 million. It is projected to garner US$ 294.45 million by 2030 to expand at 9.5% CAGR during 2023–2030.

Based on end-use industry, the South & Central America bioplastics and biopolymers market is divided into packaging, consumer goods, automotive, textile, building and construction, medical, agriculture, and others. The packaging segment held 53.3% share of South & Central America bioplastics and biopolymers market in 2023, amassing US$ 276.23 million. It is projected to garner US$ 522.97 million by 2030 to expand at 9.5% CAGR during 2023–2030.

Based on country, the South & Central America bioplastics and biopolymers market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 47.2% share of South & Central America bioplastics and biopolymers market in 2023. It was assessed at US$ 244.39 million in 2023 and is likely to hit US$ 447.83 million by 2030 exhibiting a CAGR of 9.0% CAGR during 2023–2030.

Key players operating in the South & Central America bioplastics and biopolymers market are Arkema SA, BASF SE, Braskem SA, Cardia Bioplastics Australia Pty Ltd, Corbion NV, Eastman Chemical Co, Mitsubishi Chemical Holdings Corp, Mitsui Chemicals Inc, Novamont SpA, and Saudi Basic Industries Corp, among others.

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Bioplastics and Biopolymers Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Users:
5. South & Central America Bioplastics and Biopolymers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Regulations and Policies Against Traditional Plastic
5.1.2 Rising Demand for Eco-Friendly Plastics in Packaging Industry
5.2 Market Restraints
5.2.1 Lack of Infrastructure and Recycling Facilities for Bioplastics and Biopolymers
5.3 Market Opportunities
5.3.1 Growing Incorporation of Biodegradable Plastics in Biomedical Applications
5.4 Future Trends
5.4.1 Increasing Focus on Innovations and Technological Advancement
5.5 Impact Analysis
6. Bioplastics and Biopolymers Market – South & Central America Market Analysis
6.1 South & Central America Bioplastics and Biopolymers Market Revenue (Kilo Tons)
6.2 South & Central America Bioplastics and Biopolymers Market Revenue (US$ Million)
6.3 South & Central America Bioplastics and Biopolymers Market Forecast and Analysis
7. South & Central America Bioplastics and Biopolymers Market Analysis – Product Type
7.1 Polyethylene
7.1.1 Overview
7.1.2 Polyethylene Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.2 Polyethylene Terephthalate
7.2.1 Overview
7.2.2 Polyethylene Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.3 Polylactic Acid
7.3.1 Overview
7.3.2 Polylactic Acid Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.4 Polytrimethylene Terephthalate
7.4.1 Overview
7.4.2 Polytrimethylene Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.5 Polybutylene Adipate Terephthalate
7.5.1 Overview
7.5.2 Polybutylene Adipate Terephthalate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.6 Polybutylene Succinate
7.6.1 Overview
7.6.2 Polybutylene Succinate Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.7 Cellulose
7.7.1 Overview
7.7.2 Cellulose Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.8 Blends
7.8.1 Overview
7.8.2 Blends Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8. South & Central America Bioplastics and Biopolymers Market Analysis – End-Use Industry
8.1 Packaging
8.1.1 Overview
8.1.2 Packaging Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
8.2 Consumer Goods
8.2.1 Overview
8.2.2 Consumer Goods Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.4 Textile
8.4.1 Overview
8.4.2 Textile Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.5 Building and Construction
8.5.1 Overview
8.5.2 Building and Construction Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.6 Medical
8.6.1 Overview
8.6.2 Medical Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.7 Agriculture
8.7.1 Overview
8.7.2 Agriculture Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
9. South & Central America Bioplastics and Biopolymers Market – Country Analysis
9.1 Overview
9.1.1 South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 South & Central America Bioplastics and Biopolymers Market Breakdown by Country
9.1.1.2 Brazil: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.3 Brazil: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.3.1 Brazil: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.1.3.2 Brazil: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.1.3.3 Brazil: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.1.3.4 Brazil: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.1.4 Argentina: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.5 Argentina: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.5.1 Argentina: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.1.5.2 Argentina: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.1.5.3 Argentina: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.1.5.4 Argentina: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.1.6 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.7 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.7.1 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.1.7.2 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Breakdown by Product Type
9.1.1.7.3 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
9.1.1.7.4 Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Breakdown by End-Use Industry
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Arkema SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BASF SE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Mitsui Chemicals Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Cardia Bioplastics Australia Pty Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Braskem SA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Saudi Basic Industries Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Corbion NV
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Mitsubishi Chemical Holdings Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Novamont SpA
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Eastman Chemical Co
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix

Table 1. South & Central America Bioplastics and Biopolymers Market Segmentation
Table 2. South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons)
Table 3. South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – Product Type
Table 5. South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 6. South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – End-Use Industry
Table 7. South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 8. Brazil: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 9. Brazil: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 10. Brazil: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By End-Use Industry
Table 11. Brazil: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By End-Use Industry
Table 12. Argentina: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 13. Argentina: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 14. Argentina: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By End-Use Industry
Table 15. Argentina: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By End-Use Industry
Table 16. Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By Product Type
Table 17. Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 18. Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons) – By End-Use Industry
Table 19. Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million) – By End-Use Industry
Table 20. Company Positioning & Concentration

Figure 1. South & Central America Bioplastics and Biopolymers Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: South & Central America Bioplastics and Biopolymers Market
Figure 4. South & Central America Bioplastics and Biopolymers Market Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Bioplastics and Biopolymers Market Revenue (Kilo Tons), 2020 – 2030
Figure 6. South & Central America Bioplastics and Biopolymers Market Revenue (US$ Million), 2020 – 2030
Figure 7. South & Central America Bioplastics and Biopolymers Market Share (%) – Product Type, 2022 and 2030
Figure 8. Polyethylene Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 9. Polyethylene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Polyethylene Terephthalate Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 11. Polyethylene Terephthalate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Polylactic Acid Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 13. Polylactic Acid Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Polytrimethylene Terephthalate Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 15. Polytrimethylene Terephthalate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Polybutylene Adipate Terephthalate Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 17. Polybutylene Adipate Terephthalate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Polybutylene Succinate Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 19. Polybutylene Succinate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Cellulose Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 21. Cellulose Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Blends Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 23. Blends Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Others Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 25. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. South & Central America Bioplastics and Biopolymers Market Share (%) – End-Use Industry, 2022 and 2030
Figure 27. Packaging Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 28. Packaging Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. Consumer Goods Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 30. Consumer Goods Market Revenue and Forecasts To 2030 (US$ Million)
Figure 31. Automotive Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 32. Automotive Market Revenue and Forecasts To 2030 (US$ Million)
Figure 33. Textile Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 34. Textile Market Revenue and Forecasts To 2030 (US$ Million)
Figure 35. Building and Construction Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 36. Building and Construction Market Revenue and Forecasts To 2030 (US$ Million)
Figure 37. Medical Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 38. Medical Market Revenue and Forecasts To 2030 (US$ Million)
Figure 39. Agriculture Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 40. Agriculture Market Revenue and Forecasts To 2030 (US$ Million)
Figure 41. Others Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 42. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 43. South & Central America Bioplastics and Biopolymers Market, by Country- Revenue (2022) (US$ Million)
Figure 44. South & Central America Bioplastics and Biopolymers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 45. Brazil: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 46. Brazil: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 47. Argentina: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 48. Argentina: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 49. Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 50. Rest of South & Central America: South & Central America Bioplastics and Biopolymers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 51. Heat Map Analysis By Key Players