- The carbon-negative plastics market is gaining traction as industries shift toward sustainable alternatives to reduce environmental footprints and meet consumer demand for eco-friendly products
- Companies are investing in innovative manufacturing processes that capture more carbon than they emit, making these plastics a viable solution for circular economy initiatives
- Europe dominated the carbon-negative plastics market in 2024 with the largest revenue share of 41.60%, driven by strict environmental regulations and strong government incentives promoting sustainable materials
- North America region is expected to witness the highest growth rate in the global carbon-negative plastics market, driven by the growing alignment between federal climate policy and private sector decarbonization strategies
- The carbon negative plant-based polyethylene segment holds the largest market revenue share in 2024, driven by its extensive use in packaging and consumer goods due to its durability and recyclability. This segment benefits from growing demand for sustainable alternatives to conventional polyethylene
