Top 5 Bioplastics Companies in the World

In this article, we will look at the top 5 bioplastics companies in the world. If you want to read our detailed analysis of the bioplastics market, you can go directly to the Top 15 Bioplastics Companies in the World.

5. Celanese Corporation  (NYSE:CE)

Market Cap as of October 12: $13.05 billion

Celanese Corporation (NYSE:CE) is a leading materials company based in the United States. The company is committed to producing biobased materials. Its biopolymer solutions include bio-engineered plastics to replace single-use plastic. Celanese Corporation (NYSE:CE) is ranked 5 on our list of the top 15 bioplastics companies in the world with a market cap of $13.05 billion, as of October 12.

4. LG Chem, Ltd. (KRX:051910)

Market Cap as of October 12: $29.91 billion

LG Chem, Ltd. (KRX:051910) is committed to its sustainable transition and is a member of the European Bioplastic (EUBP). The company has recently partnered with a US company Gevo for the expansion of its bioplastics business. LG Chem, Ltd. (KRX: 51910) boasts a market cap of $29.91 billion as of October 12. It is ranked among the top 5 bioplastics companies in the world.

3. LyondellBasell Industries N.V. (NYSE:LYB)

Market Cap as of October 12: $30.42 billion

LyondellBasell Industries N.V. (NYSE:LYB) is a global chemical company. In 2019, the company announced the commercialization of its biobased plastic products in collaboration with Neste Oyj (OTC:NTOIY). The joint venture produced thousands of tons of bioplastics successfully. LyondellBasell Industries N.V. (NYSE:LYB) is valued at $30.42 billion, as of October 12, and is ranked 3 among the top 5 bioplastics companies in the world.

2. Dow Inc (NYSE:DOW)

Market Cap as of October 12: $36.06 billion

Dow Inc (NYSE:DOW) is a major player in the bioplastics market. The company offers a wide range of biobased packaging solutions. AFFINITY RE Bio-based Polyolefin Elastomers are among its biobased products. Dow Inc (NYSE:DOW) collaborated with New Energy Blue to produce biobased polyethylene. As of October 12, it boasts a market cap of $36.06 billion and is among the top bioplastics companies in the world.

1. BASF SE (OTC:BASFY)

Market Cap as of October 12: $40.29 billion

BASF SE (OTC:BASFY) ranks first in our list of the top 5 bioplastics companies in the world. It is one of the largest chemical companies in the world, with a market cap of $40.29 billion as of October 12. Ecoflex and ecovio  are its biobased and compostable products. BASF bioplastics are high-quality bioplastics made of ecoflex and polylactic acid. BASF SE (OTC:BASFY) is committed to sustainable growth while working towards a circular economy with its wide range of products.

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