The global carbon-negative plastics market size is anticipated to reach USD 5.55 billion by 2030 and is anticipated to grow at a CAGR of 11.36% during the forecast period, according to a new report by Grand View Research, Inc. The carbon-negative plastics market is an emerging segment within the global sustainable materials industry, defined by its potential to not only reduce carbon emissions but to actively remove them from the value chain. Derived from bio-based sources or engineered through carbon capture and utilization (CCU) technologies, these plastics are designed to offer a negative carbon footprint across their lifecycle.
Applications are expanding rapidly across packaging, consumer goods, construction, and automotive sectors as companies seek high-performance materials aligned with ESG goals and net-zero targets. The market reflects a strategic convergence of climate policy, innovation in polymer science, and investor-led sustainability mandates, positioning carbon-negative plastics as a critical component of future-ready supply chains.
One of the major growth drivers for this market is the rising global demand for low-emission alternatives to conventional fossil-based plastics. Carbon-negative plastics deliver not only environmental value but also functional advantages such as comparable strength, chemical resistance, and compatibility with existing manufacturing systems. Their adoption is accelerating among corporations aiming to meet Scope 3 emission reductions and respond to regulatory pressures like carbon taxes and extended producer responsibility (EPR) mandates.
Furthermore, advancements in microbial conversion, gas fermentation, and biomass feedstock optimization have enabled scalable, commercially viable production routes. This combination of performance, policy alignment, and climate benefit makes carbon-negative plastics an increasingly strategic material for industries prioritizing long-term resilience and sustainable growth.
The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in January 2025, Novares Group and NaturePlast announced a partnership to develop carbon-neutral plastics aimed at helping automotive original equipment manufacturers (OEMs) reduce their carbon emissions. Combining Novares’ expertise in automotive plastic components with NaturePlast’s innovation in bio-based and recycled plastics, the collaboration focused on creating sustainable materials with a lower environmental impact.
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Carbon-negative Plastics Market Report
Based on product type, carbon-negative plant-based PE held the largest revenue of a USD 1.10 billion in 2024.
Based on end use, packaging accounted for the largest share of 52.97% in 2024.
Based on region, Europe dominated the carbon-negative plastics market. In this region, strong consumer demand for carbon-labeled and climate-neutral products is pressuring brands to adopt carbon-negative materials.
Germany held a dominant position in European market with a revenue share of 33% in 2024
Grand View Research has segmented the global carbon-negative plastics market based on product type, end use, and region:
Carbon-negative Plastics Product Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Carbon Negative Plant-based PE (Polyethylene)
Carbon Negative Plant-based PP (Polypropylene)
Carbon Negative Plant-based EVA
Others
Carbon-negative Plastics End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Packaging
Automotive Components
Construction Materials
Electronics Components
Textile Processing
Others