Global Bio-based Polyethylene Market Size & Outlook
Global bio-based polyethylene market, 2018-2030 (US$M)
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Global bio-based polyethylene market highlights
- The global bio-based polyethylene market generated a revenue of USD 1,030.3 million in 2023 and is expected to reach USD 3,491.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19% by 2030.
- In terms of segment, high-density bio-based bio-based polyethylene (hdpe) accounted for a revenue of USD 455.4 million in 2023.
- Linear Low-density Bio-Based Bio-Based Polyethylene (LLDPE) is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,030.3 million |
| Market revenue in 2030 | USD 3,491.2 million |
| Growth rate | 19% (CAGR from 2023 to 2030) |
| Largest segment | High-density bio-based bio-based polyethylene (hdpe) |
| Fastest growing segment | Linear Low-density Bio-Based Bio-Based Polyethylene (LLDPE) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low-density Bio-Based Bio-Based Polyethylene (LDPE), High-density Bio-Based Bio-Based Polyethylene (HDPE), Linear Low-density Bio-Based Bio-Based Polyethylene (LLDPE) |
Other key industry trends
- In terms of revenue, the North America accounted for 20.6% of the global bio-based polyethylene market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 14.6 million by 2030.
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Bio-based Polyethylene Market Scope
Bio-based Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global bio-based polyethylene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio-based polyethylene market will help companies and investors design strategic landscapes.
High-density bio-based bio-based polyethylene (hdpe) was the largest segment with a revenue share of 44.2% in 2023. Horizon Databook has segmented the Global bio-based polyethylene market based on low-density bio-based bio-based polyethylene (ldpe), high-density bio-based bio-based polyethylene (hdpe), linear low-density bio-based bio-based polyethylene (lldpe) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bio-based Polyethylene Type Outlook (Revenue, USD Million, 2018-2030)
- Low-density Bio-Based Bio-Based Polyethylene (LDPE)
- High-density Bio-Based Bio-Based Polyethylene (HDPE)
- Linear Low-density Bio-Based Bio-Based Polyethylene (LLDPE)
- Global Bio-based Polyethylene Material Outlook (Revenue, USD Million, 2018-2030)
- Rigid
- Flexible
- Global Bio-based Polyethylene End Use Outlook (Revenue, USD Million, 2018-2030)
- Agriculture and Industry
- Food and Beverages
- Cosmetics and Household Care
- Personal Care
- Textiles
- Pharmaceuticals
- Others
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Our clientele includes a mix of bio-based polyethylene market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bio-based polyethylene market , including forecasts for subscribers. This global databook contains high-level insights into Global bio-based polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bio-based polyethylene market size, by regions, 2018-2030 (US$M)
Top 10 countries: Bio-based polyethylene market size, 2023 (US$M)
Global bio-based polyethylene market share, by type, 2023 & 2030 (%, US$M)
Bio-based polyethylene market: Opportunity assessment by country
Global bio-based polyethylene market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 111.6 | 127.6 | 141.3 | 158.9 | 181.7 | 211.7 | 249.4 | 295.5 | 352.0 | 419.8 | 502.4 | 603.6 | 726.2 | 19.3% |
| Europe | 143.0 | 164.8 | 183.9 | 208.3 | 240.0 | 281.8 | 334.3 | 399.0 | 478.7 | 574.9 | 692.9 | 838.5 | 1,016.0 | 20.1% |
| Asia Pacific | 214.7 | 246.6 | 274.2 | 309.7 | 355.5 | 416.1 | 492.0 | 585.5 | 700.3 | 838.4 | 1,007.5 | 1,215.3 | 1,468.1 | 19.7% |
| Latin America | 47.8 | 52.7 | 56.2 | 60.8 | 66.8 | 75.2 | 84.3 | 95.2 | 107.9 | 122.5 | 139.6 | 159.7 | 183.0 | 13.5% |
| MEA | 30.7 | 33.7 | 35.6 | 38.2 | 41.6 | 45.4 | 51.3 | 57.9 | 65.2 | 73.0 | 81.3 | 89.8 | 98.1 | 11.6% |
| Overall | 547.7 | 625.3 | 691.2 | 776.0 | 885.6 | 1,030.3 | 1,211.3 | 1,433.1 | 1,704.1 | 2,028.6 | 2,423.6 | 2,906.9 | 3,491.2 | 19.1% |
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