Renewable Polyethylene Market

Renewable Polyethylene Market:Global Industry Analysis 2015 - 2019 and Opportunity Assessment; 2020 - 2030

Market Overview

Renewable Polyethylene Market: Introduction

Growing environmental concerns in recent times regarding traditional or fossil-derived polyethylene packaging are driving the substitution by renewable polyethylene.

Some of the factors including lack of degradation, and drastically depleting natural resources have provided momentum to the adoption of renewable polyethylene compared to fossil-based polyethylene.

Renewable polyethylene (also known as Bio-polyethylene or Green Polyethylene) is synthesized from ethanol, which becomes ethylene after the dehydration process. Worldwide, a variety of feedstocks including sugarcane, sugar beet, and wheat grain are used for renewable polyethylene production.

Renewable polyethylene properties are identical to that of traditional polyethylene, with the added advantage of its environment friendly nature.Compatible physical properties of renewable polyethylene for use in products such as carry bags, bottles, and plastic films and also it's recycling are making it a popular choice of the end-users.

Recyclability is another one of the important properties of renewable polyethylene that increases its applications across various industries.

Renewable polyethylene portfolio features nearly 30 grades of LDPE, HDPE and LLDPE families that caters to a wide range of applications such as packaging, agriculture, and automotive parts/components, among others.

The huge majority of the aforementioned grades have around 80% to 90% renewable carbon content.

Renewable Polyethylene Market: Dynamics

At the global level, increasing harmful environmental consequences of the over-utilization of conventional or fossil-based plastics have led the manufacturers to find alternative solutions and produce plastic by renewable resources or green sources.

Concerns over the depletion of the world’s natural resources has also provided traction to bio-based or renewable polyethylene plastic adoption rates across the globe.

Moreover, renewable plastic is biodegradable and can be recycled in the same manner as conventional polyethylene owing to chemically identical. Growing plastic packaging industry is also acting as a key driving factor for renewable polyethylene demand during the foreseen growth of the market.

Increasing demand for flexible packaging across various industries such as food and beverages, automotive parts/components, consumer goods, etc. are projected to positive thrust to renewable polyethylene demand across the globe in the coming years.

One disadvantage associated with the renewable polyethylene is its reliance on the feedstock of agricultural waste. For large scale sourcing of agricultural waste also requires various sources such as fossil fuels, machinery, fertilizers, and pesticides, among many others.

Such an aspect is expected to act as a challenging factor for the renewable polyethylene market growth in the near future.

Renewable Polyethylene Market: Regional Outlook

Worldwide, North America followed by Europe is estimated to account for dominating share in global renewable polyethylene. The reason behind this is that the various norms and standards are implemented by the regulatory authorities of those regions over the usage of fossil-based polyethylene.

Such a factor compels manufacturers to develop novel technologies to synthesize plastic by agro-waste or biological/renewable resources. Although, the Asia Pacific region is expected to register prominent growth in the global renewable polyethylene market during the projected timeline of the market.

Owing to the growing investment to tackle challenges of the environmental impact such as GHG emissions, especially in the developing countries (China and India) of the Asia Pacific region, they are likely to pave the path for the robust growth of renewable polyethylene market in the coming years.

Moreover, the market in the Middle East & Africa and Latin America regions are projected to witness substantial demand for the global renewable polyethylene market in the near future.

Renewable Polyethylene Market: Market participants

Some of the key market participants identified across the value chain of the renewable polyethylene market are:

  • Braskem
  • Saudi Basic Industries Corporation (SABIC)
  • The Dow Chemical Company
  • LyondellBasell Industries N.V.
  • Sojitz corporation
  • Avery Dennison Corporation
  • Sealed Air Corporation
  • Mitsui Co. Ltd.
  • Plantic Technologies Limited
  • Total Corbion PLA
  • Respack Manufacturing Sdn. Bhd.
  • Toyoto Tsusho Corporation

The Renewable Polyethylene research report presents a comprehensive assessment of the renewable polyethylene market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report on Renewable Polyethylene provides analysis and information according to market segments such as geographies, application, and product type.

The Renewable Polyethylene report covers exhaustive analysis on:

  • Renewable Polyethylene Market Segments
  • Renewable Polyethylene Market Dynamics
  • Renewable Polyethylene Market Size
  • Renewable Polyethylene Market Supply/Demand
  • Renewable Polyethylene Current Trends/Issues/Challenges
  • Renewable Polyethylene Competition & Companies involved
  • Renewable Polyethylene Value Chain

Regional analysis of Renewable Polyethylene market includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia, Rest of Europe)
  • South Asia (India, ASEAN, Rest of South Asia)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa, Rest of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various factors on renewable polyethylene market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Renewable Polyethylene Market: Segmentation

The global renewable polyethylene market can be segmented on the basis of product type, application, and region.

Product Type

  • HDPE (High-Density Polyethylene)
  • LDPE (Low-Density Polyethylene)
  • LLDPE (Linear low-density polyethylene)

Basis of Application

  • Packaging
  • Bags
  • Bottles
  • Plastic Films
  • Sports and Footwear
  • Agriculture
  • Non-Woven Fibers
  • Automotive Parts and Components
  • Others

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Renewable Polyethylene Market