The European chemical industry is at a pivotal moment, facing unprecedented challenges and opportunities. The Clean Industrial Deal, while aimed at decarbonization, has sparked significant debate within the sector. Understanding its implications is crucial for navigating the future of the industry.

Key insights include the projected growth in global capacity over the next five years and significant regional investments in China, Europe, the Middle East, and the US. The article also highlights the strategic moves by leading companies to enhance their bio-based product portfolios, the role of collaborations in driving industry progress, and the impact of policy frameworks making demands for bio-based polymers.