Global Bio-based Polyethylene Market is Expected to Reach USD 1.54 billion by 2023

October 24 18:25 2018
Over the next five years, Study projects that Bio-based Polyethylene will register a 20.8% CAGR in terms of revenue, reach US$ 1540 million by 2023, from US$ 490 million in 2017.

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.

Latin America regions is the largest supplier of Bio-based Polyethylene, with a production market share nearly 93.59% and sales market share nearly 17.32% in 2015. That is to say, there will be exports in North America, while North America also is the largest consumption region.

The second place is Europe regions, following Japan, with the production market share of 6.41% and the sales market share over 32.85%. North America region is another important consumption market of Bio-based Polyethylene, enjoying 31.57% sales market share.

Bio-based Polyethylene is used by Agriculture & Industry, Food & Beverages, Cosmetics & Household Care and Others. Report data showed that 14.17% of the Bio-based Polyethylene market demand in Agriculture & Industry, about 45.77% in Food & Beverages and 30.31% in Cosmetics & Household Care in 2015.

 

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Braskem
SABIC
The Dow Chemical Company

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
HDPE
LLDPE
LDPE

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Agriculture & Industry
Food & Beverages
Cosmetics & Household Care
Others

Pre-order this market forecast report at: https://www.marketresearchreports.com/mrrpb2/forecast-global-bio-based-polyethylene-market-2023

Browse more reports from our related Segment: Plastics,Chemicals

About Market Research Reports, Inc.
Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global &regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Media Contact
Company Name: MarketResearchReports.com
Contact Person: Sudeep Chakravarty
Email: Send Email
Phone: +1-302-703-9904
City: Lewes
State: Delaware
Country: United States
Website: https://www.marketresearchreports.com

  Categories: