Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Renewable Polyethylene Market size was valued at USD 1.16 billion in 2024 and is likely to cross USD 9.76 billion by 2037, expanding at more than 17.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of renewable polyethylene is estimated at USD 1.33 billion.
Increasing awareness of environmental sustainability and the need to reduce carbon emissions drive demand for bio-based alternatives in the plastic sector. As observed by Research Nester analysts, the global carbon dioxide emissions from fossil fuels and industry totaled around 37 billion metric tons in 2022, and are even projected to rise by 1.1 % in 2024. Renewable polyethylene provides a viable solution by utilizing renewable resources and reducing the carbon footprint associated with traditional polyethylene production.
Moreover, supportive government policies and regulations promoting the use of bio-based materials contribute to market growth. Incentives and initiatives aimed at fostering a circular economy and reducing plastic waste further enhance the prospects of the renewable polyethylene market. The market’s significance lies in its role as a sustainable solution in the plastics industry, addressing environmental concerns and contributing to the transition towards more eco-friendly materials.
