BIO BASED ETHYLENE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global bio based ethylene market growth is driven by rising demand for sustainable alternatives to conventional petrochemical-based products. Bio based ethylene is manufactured using renewable feedstock such as sugarcane, corn, cellulosic biomass, and agricultural waste through biological or thermochemical processes. It can be used across various end-use industries as a direct replacement for petroleum-derived ethylene in the production of polyethylene, ethylene oxide, ethylene dichloride, and numerous other derivatives. Growing emphasis on environment-friendly production methods and recyclability of materials has prompted market players to shift toward bio-based feedstock. Stringent government regulations toward curbing greenhouse gas emissions and minimizing dependence on non-renewable resources can boost the adoption of bio based alternatives.

Market Dynamics:

Global bio based ethylene market growth is primarily driven by rising demand for sustainable and eco-friendly products from end-use industries. Stringent environmental regulations regarding carbon emissions and use of petrochemical feedstock can also drive the market growth. Increasing willingness of manufacturers to adopt renewable sources to ensure long-term raw material security and mitigate price volatility can boost demand for bio based ethylene. However, high production costs associated with bio based ethylene can hamper the market growth. Ongoing research & development towards improving fermentation processes and using low-cost feedstock can reduce costs. Rising focus on second-generation biofuels produced from agricultural residues and non-edible biomass provides lucrative opportunities for market players.

Key features of the study:

• This report provides in-depth analysis of the global bio based ethylene market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global bio based ethylene market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Braskem, SCG Chemicals, LyondellBasell, Cargill, Genomatica, BASF, Dow Chemical Company, Mitsubishi Chemical Corporation, NatureWorks LLC, Novamont, Corbion, Eastman Chemical Company, Reverdia, BioAmber, Green Biologics, Synlogic, Anellotech, Biomaterials Technologies, Avantium, and Tetra Pak
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global bio based ethylene market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bio based ethylene market

Detailed Segmentation-

• Feedstock Type Insights (Revenue, USD Mn, 2019 - 2031)
  • Sugarcane
  • Corn
  • Waste Materials
  • Others
•  Application Insights (Revenue, USD Mn, 2019 - 2031)
  • Plastics Production
  • Textiles
  • Automotive Parts
  • Others
• Regional Insights (Revenue, USD Mn 2019 - 2031)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Braskem
  • SCG Chemicals
  • LyondellBasell
  • Cargill
  • Genomatica
  • BASF
  • Dow Chemical Company
  • Mitsubishi Chemical Corporation
  • NatureWorks LLC
  • Novamont
  • Corbion
  • Eastman Chemical Company
  • Reverdia
  • BioAmber
  • Green Biologics
  • Synlogic
  • Anellotech
  • Biomaterials Technologies
  • Avantium
  • Tetra Pak