Asia Pacific Co2-based Plastics Market Size & Outlook
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Asia Pacific co2-based plastics market highlights
- The Asia Pacific co2-based plastics market generated a revenue of USD 623.3 million in 2024.
- The market is expected to grow at a CAGR of 10.7% from 2025 to 2030.
- In terms of segment, polycarbonates was the largest revenue generating type in 2024.
- Polypropylene Carbonate (PPC) is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 623.3 million |
| Market revenue in 2030 | USD 1,143.4 million |
| Growth rate | 10.7% (CAGR from 2025 to 2030) |
| Largest segment | Polycarbonates |
| Fastest growing segment | Polypropylene Carbonate (PPC) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polycarbonates, Polyurethanes, Polypropylene Carbonate (PPC), Polyethylene Carbonate (PEC), Polyethylene Terephthalate (PET) |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.5% of the global co2-based plastics market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,143.4 million by 2030.
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CO2-based Plastics Market outlook Scope
CO2-based Plastics Market outlook Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Newlight Technologies | View profile | 101-250 | Huntington Beach, California, United States, North America | http://newlight.com |
| NatureWorks | View profile | 501-1000 | Minnetonka, Minnesota, United States, North America | http://www.natureworksllc.com |
| LanzaTech Global Inc Ordinary Shares - Class A | View profile | 414 | 8045 Lamon Avenue, Suite 400, Skokie, IL, United States, 60077 | https://www.lanzatech.com |
| Avantium NV | View profile | 249 | Zekeringstraat 29-31, Amsterdam, Netherlands, 1014 BV | https://www.avantium.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
Asia Pacific co2-based plastics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to co2-based plastics market will help companies and investors design strategic landscapes.
Polycarbonates was the largest segment with a revenue share of 67.53% in 2024. Horizon Databook has segmented the Asia Pacific co2-based plastics market based on polycarbonates, polyurethanes, polypropylene carbonate (ppc), polyethylene carbonate (pec), polyethylene terephthalate (pet) covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is witnessing a sharp rise in demand for CO₂-based plastics due to the region’s expanding manufacturing and automotive industries, which are under growing pressure to reduce emissions.
Countries like China, Japan, and South Korea have launched aggressive carbon neutrality goals, with China’s “Dual Carbon” initiative and Japan’s Green Growth Strategy pushing industrial sectors to adopt low-carbon materials.
The automotive industry, in particular, is emerging as a key driver, with leading automakers such as Toyota, Hyundai, and BYD integrating sustainable plastics into vehicle interiors and lightweight components.
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Target buyers of Asia Pacific co2-based plastics market databook
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Our clientele includes a mix of co2-based plastics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific co2-based plastics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific co2-based plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific co2-based plastics market size, by country, 2018-2030 (US$M)
Asia Pacific CO2-based Plastics Market outlook Share, 2024 & 2030 (US$M)
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