Will the EU chemicals and plastics sectors be ≥50% bio-based before 2034?

Prediction market on metaculus. [Bio-based materials](https://en.wikipedia.org/wiki/Bio-based_material) are materials made from biomass feedstocks such as plants, algae, and organic waste, rather than from fossil fuel sources. Industrial chemicals and plastics are overwhelmingly derived from, and are among the largest consumers of, fossil fuesl. Although they have seen significant technological development, bio-based chemicals and plastics have remained uncommon. In the European Union, the share of bio-based chemicals and plastics has been stagnant, rising 2.2% and declining 1.5%, respectively, since 2008. *** To find the data for this question: * Go to the EU Joint Research Centre's [Jobs and Wealth in the European Union Bioeconomy](https://datam.jrc.ec.europa.eu/datam/mashup/BIOECONOMICS/). * Select the *Sectoral bio-based output share* tab. * Select *Value added* under the *indicator* selection. * Individually select *Bio-based chemicals (excluding biofuels)* or *Rubber and bio-based plastics* under the *Sector (NACE rev. 2)* tab. * Observe the given year's bar for *EU27*.

Resolves: 12/31/2033.