South Africa Bio-based Polyethylene Market Size & Outlook
South Africa bio-based polyethylene market, 2018-2030 (US$M)
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South Africa bio-based polyethylene market highlights
- The South Africa bio-based polyethylene market generated a revenue of USD 6.9 million in 2023 and is expected to reach USD 14.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, high-density bio-based bio-based polyethylene (hdpe) was the largest revenue generating type 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.
Bio-based polyethylene market data book summary
| Market revenue in 2023 | USD 6.9 million |
| Market revenue in 2030 | USD 14.6 million |
| Growth rate | 11.3% (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 | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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) |
| Key market players worldwide | LyondellBasell Industries NV Class A, Iwatani Corp, Braskem SA ADR, Dow Inc, INEOS, Avery Dennison Corp, FKuR, Borealis Exploration Ltd, Trioworld, GILAC |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.7% of the global bio-based polyethylene market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia bio-based polyethylene market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 31.3 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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South Africa 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 44.93% in 2023. Horizon Databook has segmented the South Africa 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa bio-based polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into South Africa bio-based polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa bio-based polyethylene market size, by type, 2018-2030 (US$M)
South Africa Bio-based Polyethylene Market Outlook Share, 2023 & 2030 (US$M)
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