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Bio-based Polyethylene Market Size

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

Bio-based Polyethylene Market Size

The global bio-based polyethylene market was valued at USD 634 million in 2024 and is estimated to grow at a CAGR of over 15.1% from 2025 to 2034.

 

The bio-based polyethylene (Bio-PE) market has been experiencing significant growth, driven by increasing environmental concerns and the shift toward sustainable materials. Bio-PE is derived from renewable sources such as sugarcane, offering a more sustainable alternative to traditional polyethylene made from fossil fuels. This shift is particularly relevant as industries face growing pressure to reduce carbon footprints and adopt eco-friendly practices.
 

One of the key growth drivers is the rising demand for sustainable packaging solutions. Bio-PE is widely used in packaging for food and beverages, personal care products, and household goods. Its properties, such as high strength, durability, and recyclability, make it a preferred choice for manufacturers seeking to meet regulatory requirements and consumer preferences for sustainable products. Additionally, the development of advanced technologies has improved the efficiency and cost-effectiveness of bio-PE production, making it more accessible.
 

Other applications of Bio-PE include automotive parts, agricultural films, and textiles. As the global market for sustainable materials continues to expand, the bio-based polyethylene industry is expected to experience robust growth. Innovations in production methods and the establishment of large-scale production facilities will further accelerate market adoption and contribute to the growing emphasis on circular economy principles.
 

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.

Bio-based Polyethylene Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 10
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
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