Global Carbon-negative Plastics Market Size Study & Forecast, by Product Type and End-use, and Regional Forecasts 2025-2035

The Global Carbon-negative Plastics Market is valued at approximately USD 2.93 billion in 2024 and is projected to expand at a robust compound annual growth rate (CAGR) of over 11.36% during the forecast period from 2025 to 2035. Carbon-negative plastics, derived from renewable feedstocks or captured carbon dioxide, are reshaping the landscape of sustainable materials by actively reducing atmospheric carbon throughout their lifecycle. These innovative materials are not merely carbon-neutral alternatives-they are engineered to sequester more carbon than they emit during production, use, and disposal. This paradigm shift has been bolstered by increasing environmental regulations, heightened investor and consumer awareness, and strong incentives for circular economy practices. As industries confront the urgency of climate commitments, the adoption of carbon-negative plastics is no longer peripheral but central to corporate sustainability strategies.

The rapidly evolving regulatory landscape-such as the EU's Carbon Border Adjustment Mechanism and extended producer responsibility (EPR) mandates-has impelled both multinational corporations and emerging startups to pivot toward low-emission materials. Simultaneously, major end-use sectors such as packaging, automotive, and construction are undergoing material transitions to comply with carbon accounting protocols and ESG goals. For instance, in packaging, major players have begun replacing traditional fossil-based polymers with bio-based, carbon-sequestering plastic variants that offer comparable durability and functional integrity. Meanwhile, the automotive sector is embedding these plastics in interior components to lower vehicle life-cycle emissions, and the construction industry is integrating them into insulation panels and composite materials to boost building sustainability metrics. This growing demand across end-user verticals is underpinned by significant R&D investments, especially in scalable biopolymer synthesis and direct air capture (DAC) utilization technologies.

Geographically, North America currently dominates the carbon-negative plastics market, fueled by stringent environmental policies, a thriving startup ecosystem, and early adoption by consumer goods giants and automotive OEMs. The United States, in particular, has seen a sharp surge in domestic bioplastics production capacities supported by federal grants and public-private partnerships. Europe, meanwhile, is positioned as a regulatory vanguard and innovation hub, with countries like Germany, the Netherlands, and France accelerating integration of carbon-negative materials through circularity-focused industrial clusters. However, it is the Asia-Pacific region that is poised to grow at the fastest rate during the forecast period, owing to exponential increases in industrial output, ambitious net-zero targets, and large-scale investments in green manufacturing. China's push to decarbonize its manufacturing base and India's burgeoning cleantech sector are expected to unlock massive demand in this region for carbon-sequestering plastic alternatives.

Major market player included in this report are:

• BASF SE
• Shell plc
• Covestro AG
• Braskem S.A.
• Sabic
• Dow Inc.
• Solvay S.A.
• TotalEnergies SE
• Neste Oyj
• Avantium N.V.
• Origin Materials
• Biome Bioplastics
• Carbon Clean
• Novomer, Inc.
• Danimer Scientific

Global Carbon-negative Plastics Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Product Type:

• PE (Polyethylene)
• PP (Polypropylene)
• EVA (Ethylene Vinyl Acetate)

By End-use:

• Packaging
• Automotive Components
• Construction Materials

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.