Co2 Based Polymers Market Growth, Size, Trends, Share, Revenue, Demand and Future Outlook
Co2 Based Polymers Market Size- By Type, By Production, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2023 | Report ID: CHEM2399 | Pages: 1 - 216 | Formats*: |
| Category : Chemical & Materials | |||
Co2 Based Polymers Market Introduction and Overview
According to SPER Market Research, the Global Co2 Based Polymers Market is estimated to reach USD 7.0 billion by 2033 with a CAGR of 11.12%.
The report includes an in-depth analysis of the Global Co2 Based Polymers market, including market size and trends, product mix, distribution channels, and supplier analysis. Carbon dioxide-based polycarbonates and related copolymers have outstanding thermal characteristics, making them popular in the foam, adhesive, and engineering plastics industries. Aside from these, carbon dioxide-based amphiphilic polymers have been developed, produced, and used in lithium-ion batteries, therapy, and bioimaging. There are around 160,000 tons of carbon dioxide-based polymers on the market. As a result, government regulations aimed at expanding the use of environmentally friendly products, as well as the expansion of companies utilizing carbon dioxide-based polycarbonates, have a substantial impact on market growth. The growth of such sectors will have an impact on the development of the carbon dioxide-based chemicals and polymers industry.
- Carbon Recycling International (CRI) is working in the field to develop a production process that leverages recovered waste carbon dioxide and hydrogen gasses. CRI has recently completed and commercialized the first CO2-to-methanol factory in China's province of Henan. The cutting-edge facility employs CRI's Emissions-to-Liquids (ETL) technology, which was first demonstrated at an Icelandic pilot plant.
Market Opportunities and Challenges
Opportunities: Growing demand from the plastic manufacturing industries is propelling growth. Every year, around 230 million tons of carbon dioxide are used, primarily for the manufacture of fertilizers and oil recovery, where it is directly involved. CO2 is abundant and can be used straight by partially substituted materials derived from fossil fuels, or indirectly by obtaining chemical intermediaries such as methanol for polymer synthesis. Carbon dioxide is utilized as a raw material in the production of polymers derived from biomass and recycled from industries, a process known as carbon capture and utilization (CCU). Such new products assist industry in reducing carbon emissions and utilizing that carbon as a feedstock. Carbon-based polymers are utilized to produce a variety of items, including lighting covers, due to their superior features.
Challenges: The CO2-based polymers industry has several major challenges as it strives to establish itself as a sustainable and eco-friendly alternative to existing petroleum-based plastics. One of the most significant issues is production scalability. While CO2-based polymers show considerable promise for lowering greenhouse gas emissions, their large-scale production and cost-effectiveness remain issues. Scaling up the production process while keeping low pricing is critical to their global acceptance. Another challenge is the creation of efficient and cost-effective polymerization catalysts. CO2-based polymers often require specific catalysts to transform carbon dioxide into usable components.
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Market Competitive Landscape
The market for Global Co2 Based Polymers is extremely consolidated. Asahi Kasei, Avantium, Cardia Bioplastics, Changhua Chemical Technology Company Ltd., Covestro, Empower Materials, LanzaTech, NatureWorks, Saudi Aramco, TotalEnergies Corbion, Others. These are major key players for Co2 Based Polymers market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Production, By Application |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Asahi Kasei, Avantium, Cardia Bioplastics, Changhua Chemical Technology Company Ltd., Covestro, Empower Materials, LanzaTech, NatureWorks, Saudi Aramco, TotalEnergies Corbion. |
COVID-19 Impact on Global Co2 Based Polymers Market
The COVID-19 epidemic had a substantial impact on the market for CO2-based polymers. The worldwide economic slump, as well as supply chain interruptions caused by lockdowns and travel restrictions, posed hurdles for the sector. Many manufacturing facilities were temporarily closed or operated at reduced capacity, hurting CO2-based polymer output. Furthermore, the decreased demand for many non-essential products during the epidemic impeded market growth. However, there has been a growing realization of the need for sustainable and ecologically friendly materials, which may have a long-term positive impact on the CO2-based polymers market as businesses and consumers emphasize sustainability in their purchasing decisions.
Key Target Audience
- Researchers and Scientists
- Polymer Manufacturers
- Environmental and Sustainability Organizations
- Government Agencies and Policymakers
- Industrial Users
- Investors and Venture Capitalists
- Academic Institutions
- Supply Chain and Logistics Professionals
- Consumers
Our in-depth analysis of the Co2 Based Polymers Market includes the following segments:
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Key Topics Covered in the Report
- Global Co2 Based Polymers Market Size (FY’2023-FY’2033)
- Overview of Global Co2 Based Polymers Market
- Segmentation of Global Co2 Based Polymers Market By Type (Cyclohexene Carbonate, Ethylene Carbonate, Polyols for poly(urethane) foam, Propylene Carbonate)
- Segmentation of Global Co2 Based Polymers Market By Production Process (Electrochemistry, Microbial Synthesis, Thermocatalysis)
- Segmentation of Global Co2 Based Polymers Market By Application (Packaging, Automotive Component Manufacturing, Electronics Component Manufacturing, Textiles, Processing, Textiles Processing, Others)
- Statistical Snap of Global Co2 Based Polymers Market
- Expansion Analysis of Global Co2 Based Polymers Market
- Problems and Obstacles in Global Co2 Based Polymers Market
- Competitive Landscape in the Global Co2 Based Polymers Market
- Impact of COVID-19 and Demonetization on Global Co2 Based Polymers Market
- Details on Current Investment in Global Co2 Based Polymers Market
- Competitive Analysis of Global Co2 Based Polymers Market
- Prominent Players in the Global Co2 Based Polymers Market
- SWOT Analysis of Global Co2 Based Polymers Market
- Global Co2 Based Polymers Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Co2 Based Polymers Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Co2 Based Polymers Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Co2 Based Polymers Market
7. Global Co2 Based Polymers Market, By Type (USD Million)
7.1. Global Co2 Based Polymers Market Value Share and Forecast, By Type, 2023-20337.2. Cyclohexene Carbonate7.3. Ethylene Carbonate7.4. Polyols for poly(urethane) foam7.5. Propylene Carbonate
8. Global Co2 Based Polymers Market, By Production Process (USD Million)
8.1. Global Co2 Based Polymers Market Value Share and Forecast, By Production Process, 2023-20338.2. Electrochemistry8.3. Microbial Synthesis8.4. Thermocatalysis
9. Global Co2 Based Polymers Market , By Application (USD Million)
9.1. Global Co2 Based Polymers Market Value Share and Forecast, By Application, 2023-20339.2. Packaging
9.2.1. Films9.2.2. Bottles9.2.3. Containers9.2.4. Trays
9.3. Automotive Component Manufacturing
9.3.1. Interior Components9.3.2. Structural Parts
9.4. Construction Material Production
9.4.1. Pipes9.4.2. Panels9.4.3. Insulation
9.5. Electronics Component Manufacturing
9.5.1. Casings9.5.2. Connectors9.5.3. Circuit Boards
9.6. Textiles Processing
9.6.1. Fibers9.6.2. Non-Woven Fabrics
9.7. Others
10. Global Co2 Based Polymers Market Forecast, 2019-2033 (USD Million)
10.1. Global Co2 Based Polymers Market Size and Market Share
11. Global Co2 Based Polymers Market, By Type, 2019-2033 (USD Million)
11.1. Global Co2 Based Polymers Market Size and Market Share By Type (2019-2026)11.2. Global Co2 Based Polymers Market Size and Market Share By Type (2027-2033)
12. Global Co2 Based Polymers Market, By Production Process, 2019-2033 (USD Million)
12.1. Global Co2 Based Polymers Market Size and Market Share By Production Process (2019-2026)12.2. Global Co2 Based Polymers Market Size and Market Share By Production Process (2027-2033)
13. Global Co2 Based Polymers Market, By Application, 2019-2033 (USD Million)
13.1. Global Co2 Based Polymers Market Size and Market Share By Application (2019-2026)13.2. Global Co2 Based Polymers Market Size and Market Share By Application (2027-2033)
14. Global Co2 Based Polymers Market, By Region, 2019-2033 (USD Million)
14.1. Global Co2 Based Polymers Market Size and Market Share By Region (2019-2026)14.2. Global Co2 Based Polymers Market Size and Market Share By Region (2027-2033)14.3. Asia-Pacific
14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada14.6.2. Mexico14.6.3. United States
14.7. Latin America
14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Asahi Kasei
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. Avantium
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Cardia Bioplastics
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Changhua Chemical Technology Company Ltd.
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Covestro
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Empower Materials
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. LanzaTech
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. NatureWorks
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. Saudi Aramco
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. TotalEnergies Corbion
15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Co2 Based Polymers Market is projected to reach USD 7.0 billion by 2033, growing at a CAGR of 11.12% during the forecast period.
Co2 Based Polymers Market grew in market size from 2022. The Market is expected to reach USD 7.0 billion by 2033, at a CAGR of 11.12% during the forecast period.
Co2 Based Polymers Market CAGR of 11.12% during the forecast period.
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Co2 Based Polymers Market size is USD 7.0 billion from 2023 to 2033.
Co2 Based Polymers Market Segment is covered By Type, By Production, By Application.
The North America is anticipated to have the highest market share in the Co2 Based Polymers Market.
The key players in the market include Companies Covered Asahi Kasei, Avantium, Cardia Bioplastics, Changhua Chemical Technology Company Ltd., Covestro, Empower Materials, LanzaTech, NatureWorks, Saudi Aramco, TotalEnergies Corbion.
Carbon dioxide-based polycarbonates and related copolymers have outstanding thermal characteristics, making them popular in the foam, adhesive, and engineering plastics industries.
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