Renewable Polyethylene Market Analysis

  • Report ID: 5543
  • Published Date: Jan 17, 2024
  • Report Format: PDF, PPT

Renewable Polyethylene Market Analysis

Product Type (High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE))

The high-density polyethylene segment is estimated to hold 48% share of the global renewable polyethylene market by 2036. Increasing global emphasis on environmental sustainability is responsible for the segment’s growth. With growing concerns about plastic waste, the HDPE segment is gaining favour due to their recyclability and lower environmental impact compared to other plastics. Consumers and manufacturers are increasingly choosing HDPE for its eco-friendly attributes, driving the segment’s growth. Moreover, the flourishing e-commerce industry presents a significant opportunity for HDPE manufacturers. By 2025, the production of HDPE is expected to reach 53 million tonnes, as analyzed by Research Nester analysts.

Application (Agriculture, Food & Beverages, Cosmetics & Personal Care, Pharmaceutical, Textile)

Renewable polyethylene market from the food & beverage segment is poised to garner the majority revenue share. Considering there is an increasing need for packaging materials to be produced, the product's consumption is expanding quickly. Effective packaging is preferred by manufacturers to lower the risk of food contamination and quality loss. Because it produces less plastic pollution and has a moisture barrier that shields food and beverages from both internal and external surroundings, renewable polyethylene is a popular option that is anticipated to drive up demand for materials from this industry and propel the segment’s growth.

Our in-depth analysis of the global renewable polyethylene market includes the following segments:

          Product Type

  • High-Density Polyethylene (HDPE)
  •  Low-Density Polyethylene (LDPE)
  •  Linear Low-Density Polyethylene

          Application

  • Agriculture
  •  Food & Beverages
  •  Cosmetics & Personal Care
  • Pharmaceutical
  •  Textile

          Raw Materials

  • Sugar Cane
  • Sugar Beet
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 5543
  • Published Date: Jan 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing awareness related to environmental stability, rise in e-commerce activities, and increasing utilization of bio-based polyethylene products are some of the major market growth factors.

The market size of renewable polyethylene is anticipated to attain a CAGR of 18% over the forecast period, i.e., 2024-2036.

The major players in the market are Saudi Basic Industries Corporation (SABIC), LyondellBasell Industries Holdings B.V., AVERY DENNISON CORPORATION, Plantic Technologies Limited, The Dow Chemical Company, TotalEnergies Corbion, Sealed Air Corporation, Respack Manufacturing Sdn. Bhd., FKuR Kunststoff GmbH, Sojitz Corporationm, and others.

The HDPE segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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