Carbon-Negative Plastics Market Size To Hit USD 5.95 Billion By 2032, Driven By Rising Adoption In Sustainable Packaging SNS Insider

(MENAFN- GlobeNewsWire - Nasdaq) The U.S Carbon-Negative Plastics Market size was USD 386 million in 2024 and is expected to reach USD 765 million by 2032 and grow at a CAGR of 8.93% over the forecast period of 2025-2032.

Austin, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Carbon-Negative Plastics Market Size & Growth Insights:

According to the SNS Insider,“The Carbon-Negative Plastics Market Size was valued at USD 3.05 billion in 2024 and is expected to reach USD 5.95 billion by 2032, growing at a CAGR of 8.69% over the forecast period of 2025-2032.”

Global push for sustainability and innovations in carbon capture technologies accelerates the adoption of carbon-negative plastics across diverse industries worldwide.

The Carbon-Negative Plastics Market is expanding as industries embrace sustainability and carbon-neutral solutions. Government mandates such as the European Commission's Circular Economy Action Plan and the U.S. EPA waste reduction initiatives are encouraging the adoption of eco-friendly alternatives. Companies like TotalEnergies Corbion are scaling bioplastic production, while brands such as Coca-Cola and Unilever are piloting carbon-captured polyethylene bottles. With advancements in carbon capture integration, renewable feedstocks, and growing consumer awareness, carbon-negative plastics are emerging as a vital enabler of climate goals and circular economy transitions.

The US Carbon-Negative Plastics Market is expanding due to government-led sustainability initiatives and rising corporate commitments toward net-zero targets. According to the U.S. Environmental Protection Agency (EPA), packaging waste accounts for nearly 40% of municipal solid waste, prompting companies like PepsiCo and Danimer Scientific to scale PLA-based and PHA-based plastics. Consumer demand for sustainable goods and state-level bans on single-use plastics are accelerating market growth.

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Leading Market Players with their Product Listed in this Report are:

• Novomer
• LanzaTech
• Newlight Technologies
• Origin Materials
• Avantium
• Bluepha
• Mango Materials
• NatureWorks
• Danimer Scientific
• RWDC Industries
• Bio-on
• Genomatica
• Full Cycle Bioplastics
• Borealis
• PTT MCC Biochem
• BASF
• Total Corbion PLA
• Solvay
• Yield10 Bioscience
• Braskem

Carbon-Negative Plastics Market Report Scope:

Report Attributes	Details
Market Size in 2024	USD 3.05 Billion
Market Size by 2032	USD 5.95 Billion
CAGR	CAGR of 8.69% From 2025 to 2032
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segmentation	. By Material Type (Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Starch Blends, Carbon-Captured Polyethylene (CC-PE), Others (e.g., CO2-derived polyurethanes, lignin-based plastics) . By Production Technology (Carbon Capture and Utilization (CCU), Microbial Fermentation, Chemical Synthesis (Catalytic/Enzymatic Conversion), Bio-based Polymerization, Others (e.g., Electrochemical Reduction) . By Application (Packaging, Automotive Components, Consumer Goods, Construction Materials, Textiles & Fibers, Electronics & Electrical, Others (e.g., Agricultural Films, Medical Devices) . By End-Use Industry (Food & Beverage, Retail & E-commerce, Automotive & Transportation, Healthcare, Construction, Electronics, Others (e.g., Fashion, Industrial Use)

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Key Industry Segmentation

By Material Type, the Polylactic Acid (PLA) dominated the Carbon-Negative Plastics Market in 2024, with a 34.20% Market Share.

The dominance is due to Polylactic Acid's (PLA) cost-competitiveness, compostability, and wide use in packaging, textiles, and consumer goods. Companies like NatureWorks have expanded PLA production from renewable corn feedstocks, while European players benefit from supportive government bioplastics mandates. With improved recyclability and mechanical strength, PLA is emerging as the most viable carbon-negative material. Its scalability, regulatory backing, and consumer-driven demand make it the leading choice across industries seeking sustainable alternatives to petroleum-based plastics.

By Application , the Packaging dominated the Carbon-Negative Plastics Market in 2024, with a Major Market Share.

The dominance is due to packaging's central role in meeting global demand for sustainable and recyclable solutions. The U.S. Plastics Pact (2023) committed leading companies to ensure all packaging becomes reusable, recyclable, or compostable by 2025. Food and beverage giants are transitioning toward PLA, starch blends, and carbon-captured polyethylene (CC-PE) packaging to meet sustainability pledges and consumer expectations. Strong environmental regulations, brand commitments, and rising awareness of waste reduction position packaging as the most influential application for carbon-negative plastics.

By Region, Europe dominated the Carbon-Negative Plastics Market in 2024, Holding A 42.70% Market Share.

The dominance is due to Europe's strong environmental policies, consumer demand, and rapid adoption of sustainable plastics. The European Union's Plastics Strategy and bans on single-use plastics have accelerated the shift toward bio-based and carbon-captured plastics. Countries like Germany and France have heavily invested in PLA packaging, while Scandinavian nations lead in circular economy practices. Government-backed projects, strong R&D capabilities, and corporate sustainability commitments make Europe the most advanced hub for scaling carbon-negative plastics and driving global market momentum.

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USPs of the Carbon-Negative Plastics Market Report

• CARBON FOOTPRINT REDUCTION BY MATERIAL TYPE - Demonstrating how each material's lifecycle emissions compare, helping clients identify the most climate-friendly options.

• END-OF-LIFE DISPOSAL & RECYCLING STATISTICS - Highlights recyclability or compostability rates to support sustainability claims and end-user communications.

• POLICY INCENTIVES AND SUBSIDY BENCHMARKS - Illustrates financial support available, aiding clients in planning investments and anticipating cost-offsets.

• SUPPLY CHAIN EMISSION INTENSITY DATA - Quantifies emissions per production stage, offering clients transparency and an improvement roadmap.

• COST-PER-UNIT COMPARISON WITH TRADITIONAL PLASTICS - Helps clients benchmark price competitiveness and drive procurement decisions.

• CONSUMER WILLINGNESS-TO-PAY SURVEYS - Reveals premium pricing tolerance, supporting pricing strategies and value justification.

• PATENT AND INNOVATION ACTIVITY METRICS - Tracks filings, signifying research momentum and competitive edge potential.

Recent Developments

• In Jun 2025, Teknor Apex announced the acquisition of Danimer Scientific to broaden its sustainable materials portfolio and scale PHA resin commercialization.
• In March 2025, NatureWorks introduced Ingeo Extend 4950D, a new PLA grade designed to improve film production efficiency (BOPLA) and lower production costs for filmmakers.

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