Global Bio-based Polyethylene Market Size & Outlook

The bio-based polyethylene industry worldwide is expected to reach a projected revenue of US$ 3,491.2 million by 2030. A compound annual growth rate of 19% is expected of the worldwide bio-based polyethylene industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,030.3
Forecast, 2030 (US$M)
$3,491.2
CAGR, 2024 - 2030
19%
Report Coverage
Worldwide

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 2023USD 1,030.3 million
Market revenue in 2030USD 3,491.2 million
Growth rate19% (CAGR from 2023 to 2030)
Largest segmentHigh-density bio-based bio-based polyethylene (hdpe)
Fastest growing segmentLinear Low-density Bio-Based Bio-Based Polyethylene (LLDPE)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLow-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 Companies

Name Profile # Employees HQ Website

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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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)

Global bio-based polyethylene market size, by regions, 2018-2030 (US$M)

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