Bio-based Polyethylene is (also known as renewable polyethylene) is polyethylene made out of ethanol, a renewable raw material, which becomes ethylene after a dehydration process. Bio-based Polyethylene is produced from ethanol sugarcane, while the traditional polyethylene uses fossil sourced raw materials such as oil or natural gas. Bio-based Polyethylene captures and fixes CO2 from the atmosphere during its production, helping to reduce greenhouse gases emission.
Bio-based Polyethylene can be made from various feedstock including sugar cane, sugar beet, and wheat grain. It is first made using sugar cane from Brazil.
This report contains market size and forecasts of Bio-based Polyethylene in global, including the following market information:
Global Bio-based Polyethylene Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bio-based Polyethylene Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Bio-based Polyethylene companies in 2021 (%)
The global Bio-based Polyethylene market was valued at 1060.8 million in 2021 and is projected to reach US$ 3416.2 million by 2028, at a CAGR of 18.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
HDPE Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bio-based Polyethylene include Braskem, SABIC and DuPont, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bio-based Polyethylene manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio-based Polyethylene Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Bio-based Polyethylene Market Segment Percentages, by Type, 2021 (%)
HDPE
LLDPE
LDPE
Global Bio-based Polyethylene Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Bio-based Polyethylene Market Segment Percentages, by Application, 2021 (%)
Agriculture and Industry
Food and Beverages
Cosmetics and Household Care
Others
Global Bio-based Polyethylene Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Bio-based Polyethylene Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bio-based Polyethylene revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bio-based Polyethylene revenues share in global market, 2021 (%)
Key companies Bio-based Polyethylene sales in global market, 2017-2022 (Estimated), (MT)
Key companies Bio-based Polyethylene sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Braskem
SABIC
DuPont