Market Overview:
The global renewable polyethylene market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable polyethylene from various end-use industries, such as agriculture & industry, food & beverages, cosmetics & personal care and others. In addition, the growing awareness about the benefits of using renewable polyethylene is also contributing to the growth of this market. Some of the key players operating in this market are BASF SE (Germany), Braskem S.A (Brazil), DowDuPont Inc.(U.S.), INEOS Group AG (Switzerland) and LyondellBasell Industries N.V.(Netherlands).
Product Definition:
Renewable Polyethylene is a type of polyethylene that is made from renewable resources. It is important because it helps to reduce the amount of petroleum-based plastics that are produced.
HDPE:
High-density polyethylene (HDPE) is a thermoplastic polymer, which is derived from ethylene. It has the ability to mold into various shapes and sizes and can be used in applications ranging from packaging to consumer goods. HDPE has a high melting point, strong resistance against chemicals & solvents, excellent clarity for transparency & glossiness as well as good electrical properties.
LLDPE:
LLDPE (Low-Density Polyethylene) is a widely used polymer in the packaging industry owing to its properties such as low weight, flexibility, and high chemical resistance. LLDPE resins are processed to form films & sheets which are further utilized for manufacturing various products including milk cartons, detergent bottles, shampoo sachets and medicine cups. The growing demand for these containers across various applications has been driving the market growth over the past few years.
Application Insights:
The others application segment accounted for the largest revenue share of 33.3% in 2017 and is expected to witness significant growth over the forecast period owing to its properties such as lightweight, flexibility, and durability. It is used in various industries including construction, automotive, packaging, medical equipment & supplies and electronics owing to its properties such as high impact resistance & toughness along with excellent chemical stability.
Renewable polyethylene finds applications in agriculture & industry on account of its ability to withstand extreme temperatures ranging from -40°C to 140°C coupled with good moisture barrier property which makes it suitable for food packaging applications. The product also has a wide range of other end-use applications including agriculture machinery components (tractors), animal feed containers (cans), dairy storage tanks/containers (lots) among others that are dependent upon agricultural activities across the globe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant rise in demand for plastic packaging material as a result of rapid urbanization, rising disposable income, and changing consumer preferences towards packaged food products. China emerged as one of the largest producers of renewable polyethylene owing to factors such as availability of raw materials and cheap labor.
North America accounted for over 15% share in terms of revenue in 2017 on account growth food & beverage application segment which is majorly driven by high consumption volume along with per capita increase across countries like U.S., Canada, Mexico, etc.; whereas Europe also has potential growth opportunities due to increasing focus on reducing carbon footprint associated with fossil fuel-based plastics production; hence driving demand from end-use industries such as construction & automotive where renewable polyethylene finds applications including insulation panels used for building constructions or heat exchangers used within vehicles among others).
Growth Factors:
- Increasing demand from packaging and automotive industries: The global demand for polyethylene is projected to grow at a CAGR of 5.5% from 2017 to 2025. This growth can be attributed to the increasing demand from the packaging and automotive industries.
- Stringent environmental regulations: Stringent environmental regulations across the globe are compelling companies to adopt renewable polyethylene, which is a more sustainable option as compared to traditional polyethylene products.
- Rising awareness about the benefits of renewable polyethylene: There is an increasing awareness among consumers about the benefits of using renewable polyethylene, which include reduced environmental impact and lower greenhouse gas emissions.
- Technological advancements in production processes: Technological advancements in production processes have resulted in increased efficiency and reduced costs of manufacturing renewable polyethylene products, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Renewable Polyethylene Market Research Report
By Type
HDPE, LLDPE, LDPE
By Application
Agriculture & Industry, Food & Beverages, Cosmetics & Personal Care, Others
By Companies
Braskem, SABIC, The Dow Chemical Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Renewable Polyethylene Market Report Segments:
The global Renewable Polyethylene market is segmented on the basis of:
Types
HDPE, LLDPE, LDPE
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture & Industry, Food & Beverages, Cosmetics & Personal Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Braskem
- SABIC
- The Dow Chemical Company
Highlights of The Renewable Polyethylene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HDPE
- LLDPE
- LDPE
- By Application:
- Agriculture & Industry
- Food & Beverages
- Cosmetics & Personal Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Renewable Polyethylene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Renewable polyethylene is a type of plastic that is made from renewable resources like corn oil or natural gas.
Some of the major players in the renewable polyethylene market are Braskem, SABIC, The Dow Chemical Company.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Renewable Polyethylene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Renewable Polyethylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Renewable Polyethylene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Renewable Polyethylene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Renewable Polyethylene Market Size & Forecast, 2018-2028
4.5.1 Renewable Polyethylene Market Size and Y-o-Y Growth
4.5.2 Renewable Polyethylene Market Absolute $ Opportunity
Chapter 5 Global Renewable Polyethylene Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Renewable Polyethylene Market Size Forecast by Type
5.2.1 HDPE
5.2.2 LLDPE
5.2.3 LDPE
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Renewable Polyethylene Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Renewable Polyethylene Market Size Forecast by Applications
6.2.1 Agriculture & Industry
6.2.2 Food & Beverages
6.2.3 Cosmetics & Personal Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Renewable Polyethylene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Renewable Polyethylene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Renewable Polyethylene Analysis and Forecast
9.1 Introduction
9.2 North America Renewable Polyethylene Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Renewable Polyethylene Market Size Forecast by Type
9.6.1 HDPE
9.6.2 LLDPE
9.6.3 LDPE
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Renewable Polyethylene Market Size Forecast by Applications
9.10.1 Agriculture & Industry
9.10.2 Food & Beverages
9.10.3 Cosmetics & Personal Care
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Renewable Polyethylene Analysis and Forecast
10.1 Introduction
10.2 Europe Renewable Polyethylene Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Renewable Polyethylene Market Size Forecast by Type
10.6.1 HDPE
10.6.2 LLDPE
10.6.3 LDPE
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Renewable Polyethylene Market Size Forecast by Applications
10.10.1 Agriculture & Industry
10.10.2 Food & Beverages
10.10.3 Cosmetics & Personal Care
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Renewable Polyethylene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Renewable Polyethylene Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Renewable Polyethylene Market Size Forecast by Type
11.6.1 HDPE
11.6.2 LLDPE
11.6.3 LDPE
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Renewable Polyethylene Market Size Forecast by Applications
11.10.1 Agriculture & Industry
11.10.2 Food & Beverages
11.10.3 Cosmetics & Personal Care
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Renewable Polyethylene Analysis and Forecast
12.1 Introduction
12.2 Latin America Renewable Polyethylene Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Renewable Polyethylene Market Size Forecast by Type
12.6.1 HDPE
12.6.2 LLDPE
12.6.3 LDPE
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Renewable Polyethylene Market Size Forecast by Applications
12.10.1 Agriculture & Industry
12.10.2 Food & Beverages
12.10.3 Cosmetics & Personal Care
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Renewable Polyethylene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Renewable Polyethylene Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Renewable Polyethylene Market Size Forecast by Type
13.6.1 HDPE
13.6.2 LLDPE
13.6.3 LDPE
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Renewable Polyethylene Market Size Forecast by Applications
13.10.1 Agriculture & Industry
13.10.2 Food & Beverages
13.10.3 Cosmetics & Personal Care
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Renewable Polyethylene Market: Competitive Dashboard
14.2 Global Renewable Polyethylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Braskem
14.3.2 SABIC
14.3.3 The Dow Chemical Company
