15 Major Companies in Europe Compostable Plastic Market With Size | Manufacturers With Official Website 2024

15 Major Companies in Europe Compostable Plastic Market With Size

The Europe Compostable Plastic Market has experienced substantial growth due to the increasing shift towards sustainability and eco-friendly alternatives to traditional plastics. The rising environmental concerns over plastic pollution and its adverse impact on ecosystems have led consumers and companies alike to seek greener options. Compostable plastics, primarily derived from renewable biomass sources, offer a promising solution, as they decompose into natural elements under specific conditions, leaving no toxic residues behind. In recent years, European consumers have become more conscious of their environmental footprint, driving demand for compostable plastics in various sectors such as food packaging, agriculture, and consumer goods. As a result, businesses are integrating sustainable practices by incorporating bioplastics into their production processes. This not only helps in reducing reliance on fossil fuels but also aligns with European Union (EU) regulations and sustainability goals aimed at minimizing plastic waste.

Innovation plays a crucial role in the ongoing development of compostable plastics. Researchers and manufacturers are continuously improving the properties of these materials, making them more durable, versatile, and suitable for a wide range of applications—from packaging to industrial components. As the market evolves, further adoption of bioplastics is expected, driven by advancements in technology, regulatory support, and growing environmental awareness across Europe. This trend marks a significant step towards reducing the environmental impact of plastic waste and promoting a more sustainable future for the region. As per 6Wresearch, Europe Compostable Plastic Market is projected to grow at a significant CAGR of 15% from 2024-2030F.

List of Leading Companies in the Europe Compostable Plastic Market

1. Novamont Spa

Novamont Spa is a leading company in the production of bioplastics and biochemicals from renewable sources. Founded in 1989, the company's mission is to promote sustainable development through the use of innovative materials made from renewable resources. They have also created the Mater-Bi brand, which has become a symbol of quality and sustainability in the field of bioplastics.

2. NatureWorks LLC

NatureWorks LLC was established in 1997 as a joint venture between Cargill and Dow Chemical. The company is the world's leading manufacturer of Ingeo™ PLA (polylactic acid) resins, which are used in a variety of products such as packaging, textiles, and consumer goods. NatureWorks is also committed to using sustainable practices in their production processes.

3. BASF SE

BASF SE is a global chemical company that has been at the forefront of developing innovative solutions for various industries. In recent years, they have focused on developing biodegradable plastics made from renewable raw materials such as corn starch and waste cooking oil. These bioplastics can be used in a wide range of applications, including packaging, consumer goods, and agriculture.

4. BioBag International AS

BioBag International AS was established in 1982 and is a pioneer in the production of compostable bags. The company's products are made from renewable resources such as corn starch and plant oils, making them fully compostable. They have also obtained various certifications for their products' sustainability credentials.

5. FKuR Kunststoff GmbH

FKuR Kunststoff GmbH was founded in 1979 and has since become a leading supplier of biodegradable and compostable plastics. The company offers a wide range of products made from renewable resources, including PLA, PBAT, and PBS. Their products are used in various industries such as packaging, agriculture, and textiles.

6. Biome Bioplastics Ltd

Biome Bioplastics Ltd was established in 2002 with the goal of replacing traditional plastics with biodegradable alternatives. The company specializes in the production of plant-based polymers that can be used for industrial applications such as packaging, automotive, and electronics.

7. Bio-Fed

Bio-Fed was founded in 2014 as a subsidiary of AKRO-PLASTIC GmbH to focus on the development and production of biodegradable compounds. Their products are made from renewable resources and can be used in various industries such as packaging, consumer goods, and agriculture.

8. Cereplast Inc.

Cereplast Inc. was established in 2001 and has become a leading manufacturer of biodegradable and compostable resins. Their products are made from renewable resources such as corn starch and wheat straw and can be used in various applications, including packaging, consumer goods, and automotive.

9. Biopac UK Ltd

Biopac UK Ltd was founded in 1997 with the goal of providing sustainable packaging solutions for the foodservice industry. The company's products are made from renewable resources and can be composted after use, reducing waste in landfills.

10. Cardia Bioplastics Ltd

Cardia Bioplastics Ltd was established in 2002 with a focus on producing environmentally-friendly resins for various industries such as packaging, hygiene, and agriculture. The company offers a range of biodegradable and compostable products made from renewable resources.

11. Ecohive UK Ltd

Ecohive UK Ltd was established in 2018 to provide sustainable solutions for the foodservice industry. The company offers a range of biodegradable and compostable products made from renewable resources such as plant starch, which can be used as an alternative to traditional plastic packaging.

12. TecnoCompound GmbH

TecnoCompound GmbH was founded in 1984 and has since become a leading supplier of biocompounds for various industries. Their products are made from renewable resources and can be used as an alternative to traditional plastic compounds in applications such as packaging, automotive, and electronics.

13. Bioplastics International

Bioplastics International was founded in 2003 with the goal of providing a publication and information platform for the bioplastics industry. The company publishes a quarterly magazine and hosts events to share knowledge on the latest developments, trends, and innovations in the field of bioplastics.

14. Biotec GmbH & Co. KG

Biotec GmbH & Co. KG was founded in 1992 as a subsidiary of the Terhalle Holding Group to focus on producing biodegradable and compostable packaging products. Their films and bags are made from renewable resources such as corn starch and can be used in various applications, including food packaging and agriculture.

15. Green Dot Bioplastics Inc.

Green Dot Bioplastics Inc. was established in 2011 with the goal of creating biodegradable plastics from agricultural waste. The company offers a range of sustainable products, including compostable resins and bioplastic compounds, for various industries such as consumer goods, packaging, and automotive. They also provide consulting services for companies looking to transition to more sustainable materials.

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