Introduction to Europe CO2-Based Plastics Market
The Europe CO2-based plastics market is projected to reach $6,187.5 million by 2034 from $248.5 million in 2024, growing at a CAGR of 37.92% during the forecast period 2024-2034. Strong regulations aimed at reducing carbon emissions and a growing dedication to sustainable material sourcing have had a major impact on the dynamics of the European market. Production processes are changing, especially in the plastics industry, as a result of strict environmental regulations and quick developments in carbon capture and utilisation technologies.
Market Introduction
As Europe moves towards a low-carbon, circular economy, the market for polymers based on CO₂ is becoming increasingly important. Businesses are aggressively looking for sustainable substitutes for traditional plastics derived from fossil fuels as environmental concerns grow and the European Union imposes stringent climate rules. By turning greenhouse gases into useful materials, CO₂-based plastics—which are made from collected carbon emissions—offer a viable way to alleviate plastic pollution and promote carbon reduction objectives.
Market Segmentation:
Segmentation 1: by Application
• Packaging
o Films
o Bottles
o Containers
o Trays
• Automotive Components
o Interior Components
o Structural Parts
• Construction Materials
o Pipes
o Panels
o Insulation
• Electronics Components
o Casings
o Connectors
o Circuit Boards
• Textile Processing
o Fibers
o Non-Woven Fabrics
• OthersSegmentation 2: by Type
• Polycarbonates
• Polyurethanes
• Polypropylene Carbonate (PPC)
• Polyethylene Carbonate (PEC)
• Polyethylene Terephthalate (PET)
• OthersSegmentation 3: by Production Process
• Electrochemistry
• Microbial Synthesis
• Thermocatalysis
Europe CO2-Based Plastics Market Forecast ( 2024-2034)
Table of Contents
Executive Summary
Scope and Definition
1 Markets
1.1 Trends: Current and Future Impact Assessment
1.1.1 Increasing Focus toward Carbon Capture and Utilization (CCU)
1.1.2 Growing Consumer Demand for Eco-Friendly Products
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Pricing Forecast
1.3 Research and Development Review
1.3.1 Patent Filing Trend (by Country and Company)
1.4 Regulatory Landscape
1.5 Stakeholder Analysis
1.5.1 End User and Buying Criteria
1.6 Impact Analysis for Key Global Events
1.6.1 COVID-19
1.6.2 Russia/Ukraine War
1.7 Market Dynamics: Overview
1.7.1 Market Drivers
1.7.1.1 Advancements in Bio-Based Polymers
1.7.1.2 Accelerating the Shift toward Renewable Carbon Sources
1.7.2 Market Restraints
1.7.2.1 Competition and Synergies with Bioplastics
1.7.2.2 Fossil-Fuel Plastic Price Fluctuations
1.7.3 Market Opportunities
1.7.3.1 Customizable Properties for Niche Applications
1.7.3.2 Biodegradable Applications of CO₂-Based Plastics in Medical Devices and Packaging
2 Regions
2.1 Regional Summary
2.2 Europe
2.2.1 Regional Overview
2.2.2 Driving Factors for Market Growth
2.2.3 Factors Challenging the Market
2.2.4 Application
2.2.5 Product
2.2.6 Europe (by Country)
2.2.6.1 Germany
2.2.6.2 France
2.2.6.3 U.K.
2.2.6.4 Italy
2.2.6.5 Spain
2.2.6.6 Rest-of-Europe
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Next Frontiers
3.2 Geographic Assessment
3.2.1 Covestro AG
3.2.1.1 Overview
3.2.1.2 Top Products/Product Portfolio
3.2.1.3 Top Competitors
3.2.1.4 Target Customers/End Users
3.2.1.5 Key Personnel
3.2.1.6 Analyst View
3.2.1.7 Market Share, 2023
3.2.2 TotalEnergies Corbion
3.2.2.1 Overview
3.2.2.2 Top Products/Product Portfolio
3.2.2.3 Top Competitors
3.2.2.4 Target Customers/End Users
3.2.2.5 Key Personnel
3.2.2.6 Analyst View
3.2.2.7 Market Share, 2023
3.2.3 Avantium
3.2.3.1 Overview
3.2.3.2 Top Products/Product Portfolio
3.2.3.3 Top Competitors
3.2.3.4 Target Customers/End Users
3.2.3.5 Key Personnel
3.2.3.6 Analyst View
3.2.3.7 Market Share, 2023
4 Research Methodology
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.1.3 Data Triangulation
4.2 Market Estimation and Forecast
List of Figures
Figure 1: Europe CO2-Based Plastics Market (by Scenario), $Billion, 2024, 2028, and 2034
Figure 2: CO2-Based Plastics Market (by Region), $Million, 2023, 2027, and 2034
Figure 3: Europe CO2-Based Plastics Market (by Application), $Million, 2023, 2027, and 2034
Figure 4: Europe CO2-Based Plastics Market (by Type), $Million, 2023, 2027, and 2034
Figure 5: Europe CO2-Based Plastics Market (by Production Process), $Million, 2023, 2027, and 2034
Figure 6: Competitive Landscape Snapshot
Figure 7: Key Events
Figure 8: Annual CO2 Emissions, Billion Tons, 2020-2023
Figure 9: Global Percentage of Consumer Behavior toward Sustainability, 2022
Figure 10: Supply Chain and Risks within the Supply Chain
Figure 11: Value Chain Analysis
Figure 12: Patent Analysis (by Country), January 2021-October 2024
Figure 13: Patent Analysis (by Company), January 2020-December 2023
Figure 14: COVID-19's Environmental Impact: Driving Demand for CO₂-Based Plastics
Figure 15: Impact Analysis of Market Navigating Factors, 2023-2034
Figure 16: Global Production Capacities of Bio-Based Polymers per Region, 2023
Figure 17: Share of Produced Biopolymers in Different Market Segments, 2023
Figure 18: Projected Transition across Various Plastic Types in Europe, Million Tons, 2021-2050
Figure 19: Germany CO2-Based Plastics Market, $Million, 2023-2034
Figure 20: France CO2-Based Plastics Market, $Million, 2023-2034
Figure 21: U.K. CO2-Based Plastics Market, $Million, 2023-2034
Figure 22: Italy CO2-Based Plastics Market, $Million, 2023-2034
Figure 23: Spain CO2-Based Plastics Market, $Million, 2023-2034
Figure 24: Rest-of-Europe CO2-Based Plastics Market, $Million, 2023-2034
Figure 25: Strategic Initiatives (by Company), 2020-2024
Figure 26: Share of Strategic Initiatives, January 2021-November 2024
Figure 27: Data Triangulation
Figure 28: Top-Down and Bottom-Up Approach
Figure 29: Assumptions and Limitations
List of Tables
Table 1: Market Snapshot
Table 2: Opportunities across Region
Table 3: Trends Overview
Table 4: CO2-Based Plastics Market Pricing Forecast (by Region), $/kg, 2023-2034
Table 5: CO2-Based Plastics Market (by Region), $Million, 2023-2034
Table 6: Europe CO2-Based Plastics Market (by Application), $Million, 2023-2034
Table 7: Europe CO2-Based Plastics Market (by Type), $Million, 2023-2034
Table 8: Europe CO2-Based Plastics Market (by Production Process), $Million, 2023-2034
Table 9: Germany CO2-Based Plastics Market (by Application), $Million, 2023-2034
Table 10: Germany CO2-Based Plastics Market (by Type), $Million, 2023-2034
Table 11: Germany CO2-Based Plastics Market (by Production Process), $Million, 2023-2034
Table 12: France CO2-Based Plastics Market (by Application), $Million, 2023-2034
Table 13: France CO2-Based Plastics Market (by Type), $Million, 2023-2034
Table 14: France CO2-Based Plastics Market (by Production Process), $Million, 2023-2034
Table 15: U.K. CO2-Based Plastics Market (by Application), $Million, 2023-2034
Table 16: U.K. CO2-Based Plastics Market (by Type), $Million, 2023-2034
Table 17: U.K. CO2-Based Plastics Market (by Production Process), $Million, 2023-2034
Table 18: Italy CO2-Based Plastics Market (by Application), $Million, 2023-2034
Table 19: Italy CO2-Based Plastics Market (by Type), $Million, 2023-2034
Table 20: Italy CO2-Based Plastics Market (by Production Process), $Million, 2023-2034
Table 21: Spain CO2-Based Plastics Market (by Application), $Million, 2023-2034
Table 22: Spain CO2-Based Plastics Market (by Type), $Million, 2023-2034
Table 23: Spain CO2-Based Plastics Market (by Production Process), $Million, 2023-2034
Table 24: Rest-of-Europe CO2-Based Plastics Market (by Application), $Million, 2023-2034
Table 25: Rest-of-Europe CO2-Based Plastics Market (by Type), $Million, 2023-2034
Table 26: Rest-of-Europe CO2-Based Plastics Market (by Production Process), $Million, 2023-2034
Table 27: Market Share
