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The global biobased biodegradable plastics market is expected to grow from $6.3 billion in 2025 to $15.6 billion by 2035, with a CAGR of 9.5%. This growth is driven by environmental priorities, regulatory changes, and increasing demand for sustainable materials. Biobased biodegradable plastics are made from renewable sources such as corn starch, sugarcane, and vegetable fats, and can safely decompose in natural environments.

Key regions driving growth include the United States, Europe, and Asia, with countries such as the UK, Japan, and South Korea expected to experience significant growth. Government regulations, corporate sustainability goals, and consumer awareness are driving the demand for biobased biodegradable plastics. The market is expected to become increasingly competitive as major manufacturers invest in R&D, expand production capacity, and develop strategic partnerships.

Companies such as NatureWorks LLC, BASF SE, and TotalEnergies Corbion are already producing biodegradable plastics, with applications in packaging, textiles, and consumer goods. The shift to a circular economy and investment in composting infrastructure are also supporting the growth of the biobased biodegradable plastics market.

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