Bio-based polyethylene market to witness strong growth

03-May-19

Bio-based Polyethylene can be made from various feedstock including sugar cane, sugar beet, and wheat grain. It was first made using sugar cane from Brazil. Latin America is the largest supplier of Bio-based Polyethylene, with a production market share nearly 93.59% and sales market share nearly 17.32% in 2015, with exports to North America, the largest consumption region, as per Market Research Vision. The second place is Europe, followed by Japan, with the production market share of 6.41% and the sales market share over 32.85%. Bio-based Polyethylene is used by Agriculture & Industry, Food & Beverages, Cosmetics & Household Care and Others. Report data showed that 14.17% of the Bio-based Polyethylene market demand is from Ariculture & Industry, about 45.77% from Food & Beverages and 30.31% from Cosmetics & Household Care in 2015.