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An outlook Bio-based Polyethylene Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years.
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Bio-based Polyethylene Market Growth Outlook with Industry Review and Forecast 2019-2025 © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Global Market Scenario of Bio-based Polyethylene Industry • The bio-based polyethylene market is likely to grow due to rising usage of bio-based plastic products in various end-user industries. • Bio-based polyethylene (PE), also known as renewable polyethylene, is derived from various feedstocks such as wheat grain, sugar beet, sugar cane, starch crop, plant wastes, etc. These products possess similar physical, mechanical and chemical characteristics as standard polyethylene. • Bio-based polyethylene are likely to replace standard PE in major applications of engineering, packaging, agriculture, etc. due to their unique properties. For instance, agriculture industry may utilize these products for making silage wrap and mulch films in coming years due to its benefits such as ease of processing, durability, flexibility and cost effectiveness. Growing bioplastic demand in the end-user industries are likely to drive the industry growth in the forecast time period. • Another key growth driving factor is shifting focus towards sustainable packaging products in the major countries. Major government bodies including the U.S. • Environmental Protection Agency and European Commission are implementing stringent regulations to lower the GHG emission, which will further increase the bio-based plastic products usage. Further, uncertainty and limited availability of crude oil will further force polymer producers to develop bio-based plastic products. These trends are likely to boost the renewable polyethylene demand in the coming years. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Regional Trends:- • North America is likely to have significant renewable polyethylene demand in the coming years due to presence of stringent government regulations related to plastic products. Major regulatory bodies including Code of Federal Regulations and Food & Drug Administrations have provided norms for plastic usage in the packaging of food & beverages items. • Europe will be a key region in the bio-based polyethylene market throughout the forecast time period. In this region, major manufacturers are shifting towards bio-based plastic production due to presence of strict government regulations which are aimed at low carbon footprint, which will accelerate the industry growth in the future. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Competitive Trends: • Some of the key players of bio-based polyethylene market consists of LyondellBasell, Braskem, Avery Dennison, Sealed Air, SABIC, Plantic Technologies Ltd., The Dow Chemical Company, Neste, Sojitz Corporation, etc. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Bio-based Polyethylene Market@ https://bit.ly/2s8dzoY Request Sample Copy for this report @https://bit.ly/2qAlqLz Inquire Before Buying This Report@https://bit.ly/2PqOQnM © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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