The bio-based polyethylene (PE) market is expected to reach 455.06 thousand tons by 2027, registering a growth rate of 7% during the forecast period from 2021 to 2027. Growing demand for sustainable packaging along with technological advances will expand the growth of the bio-based polyethylene (PE) market during the aforementioned period.
Rising disposable incomes in developing countries, growing global demand for food and beverages, changing consumer lifestyles, and growing awareness of sustainable packaging across the globe are some of the factors that are expected to propel the growth of the biobased polyethylene (PE) market is. In the forecast period of 2021-2027. On the other hand, growing demand for bioplastics in the end-user industry will create some additional opportunities that will lead to the growth of the bio-based polyethylene (PE) market in the above-mentioned period.
A full report of Bio-based Polyethylene Market available at https://www.orionmarketreports.com/bio-based-polyethylene-market/56957/
Bio-based Polyethylene Market: Segmentation
By Application
• Packaging
• Automotive
• Others
Company Profiles:
• LyondellBasell
• Braskem
• Avery Dennison
• Sealed Air
• SABIC
• Plantic Technologies Ltd.
• The Dow Chemical Company
• Neste
• Sojitz Corporation
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
