Barriers to transitioning to a circular bio-based economy: Findings from an industrial perspective

The transition from a linear fossil-based to a circular bio-based economy represents an opportunity and a suitable pathway for achieving several sustainable development goals. However, the transition is a complex process since it requires transformative policies, purposeful innovation, access to finance, risk-taking capacity as well as new and sustainable business models and markets. Accordingly, the first step in this transition process is the identification of barriers that are hampering the transition to a sustainable circular bio-based economy. With this motivation in mind, this study reviews grey literature to identify barriers focusing on four critical sectors facing major challenges within the current linear economy and requiring a sustainable transition most urgently: construction, chemicals, plastics, and textile sectors.