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Bio-based Polyethylene Market Share

Report ID: GMI4333
Published Date: Dec 2024
Report Format: PDF

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Bio-based Polyethylene Market Share

The competitive landscape of the bio-based polyethylene (Bio-PE) market features key players such as Avery Dennison, BASF, BRASKEM, FKuR, Kuraray, LyondellBasell, and Mitsui Chemicals, each playing a significant role in driving market growth. BRASKEM leads with its Bio-PE production from renewable sugarcane, positioning itself as a market pioneer with a strong focus on sustainability. BASF integrates bio-based solutions into its product portfolio, leveraging its technological expertise to support the shift toward greener alternatives. LyondellBasell and Mitsui Chemicals focus on developing and commercializing eco-friendly polyethylene products, backed by their large-scale production capabilities.

Avery Dennison specializes in sustainable packaging solutions, incorporating Bio-PE into its offerings with a focus on circularity and waste reduction. FKuR and Kuraray, while smaller players, innovate in bio-based plastics with specialized applications in packaging and automotive sectors, catering to the growing demand for sustainable solutions. Collectively, these companies are pushing the industry toward more sustainable plastics, leveraging innovation and regulatory support.

Bio-based Polyethylene Market Companies

Major players operating in the Bio-based polyethylene industry are:

Avery Dennison
BASF
BRASKEM
FKuR
Kuraray
LyondellBasell
Mitsui Chemicals
SABIC
The Dow Chemical Company
Toyota Tsusho Corporation

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for bio-based polyethylene was valued at USD 634 million in 2024 and is projected to reach USD 2.6 billion by 2034, driven by a CAGR of over 15.1% from 2025 to 2034.

The sugar cane segment held over USD 332.2 million in 2024 and is anticipated to grow at a CAGR of 15.4% during 2025-2034, driven by its sustainability and renewability.

Germany's market was valued at over USD 59.5 million in 2024 and is expected to grow at a CAGR of 14.9%, driven by its strong industrial base and commitment to sustainability.

Major players in the industry include Avery Dennison, BASF, BRASKEM, FKuR, Kuraray, LyondellBasell, Mitsui Chemicals, SABIC, The Dow Chemical Company, and Toyota Tsusho Corporation.