The Global Bio-Polyethylene (Bio-PE) Market was valued at USD 785.2 Million in 2022 and is projected to reach USD 1.85 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period (2022–2030). This robust growth is being propelled by increasing regulatory pressure on single-use plastics, rising consumer demand for sustainable packaging, and significant advancements in bio-based feedstock technology across various industrial sectors.

As the global economy pivots towards a more circular and environmentally conscious model, the focus sharpens on the leading material scientists and chemical producers who are at the forefront of developing viable, high-performance bioplastics. In this blog, we profile the Top 10 Companies in the Bio-PE Industry—a group of innovators and established giants reshaping the future of polymers.

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🔟 1. Braskem

Headquarters: São Paulo, Brazil
Key Offering: I’m green™ Bio-based Polyethylene

Braskem is the undisputed global pioneer and largest producer of bio-based polyethylene. Its flagship I’m green™ Bio-PE is derived from sustainably sourced sugarcane ethanol and is a drop-in solution, meaning it has identical properties to conventional PE, allowing for seamless integration into existing recycling streams.

Sustainability Initiatives:

• World’s first industrial-scale bio-PE production since 2010

• Commitment to carbon neutrality by 2050

• Expanding production capacity to meet soaring global demand

Download FREE Sample Report: 2022-2030 Report on Global bio-PE Market – View in Detailed Research Report

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9️⃣ 2. LyondellBasell

Headquarters: Houston, Texas, USA
Key Offering: CirculenRevive™ (Bio-based and circular polymers)

LyondellBasell, one of the largest plastics, chemicals, and refining companies globally, is a major force in advancing circular and bio-based solutions. Its CirculenRevive portfolio includes polymers made from renewable raw materials, catering to brand owners seeking to reduce their carbon footprint.

Sustainability Initiatives:

• Strategic goal to produce and market 2 million tons of recycled and renewable-based polymers annually by 2030

• Investments in advanced recycling technologies to complement bio-based production

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8️⃣ 3. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: TRUCIRCLE™ portfolio, including certified renewable PE

SABIC’s TRUCIRCLE™ initiative encompasses a wide range of circular solutions, including bio-based polyethylene derived from second-generation renewable feedstocks that do not compete with the food chain. Their certified renewable products are designed for demanding applications in packaging and healthcare.

Sustainability Initiatives:

• Pioneering the use of feedstock from mixed plastic waste for chemical recycling, creating a bridge to circularity

• Committed to global sustainability standards and life cycle assessment (LCA) transparency

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7️⃣ 4. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: Bio-based Polyethylene and REVOLOOP™ recycled plastics

Dow is leveraging its massive scale in polyethylene production to integrate bio-based solutions into its portfolio. The company focuses on creating value chains for bio-derived feedstocks, aiming to offer customers a pathway to more sustainable packaging and consumer goods.

Sustainability Initiatives:

• Target to stop plastic waste by enabling 1 million metric tons of plastic to be collected, reused, or recycled by 2030

• Partnerships with waste management and biotechnology firms to secure scalable bio-feedstock supplies

Download FREE Sample Report: 2022-2030 Report on Global bio-PE Market – View in Detailed Research Report

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6️⃣ 5. Borealis AG

Headquarters: Vienna, Austria
Key Offering: Bornewables™ portfolio of renewable polyolefins

Borealis is a leading European producer of polyolefins and a key player in the circular economy. Their Bornewables™ range includes bio-based polyethylene and polypropylene derived from sustainably sourced renewable feedstocks, offering a reduced carbon footprint without compromising on performance.

Sustainability Initiatives:

• Ambitious targets to supply 100% of its products with circular or renewable content by 2025 (for specific product lines)

• Heavy investment in chemical recycling project ‘Project STOP’ to combat ocean plastic leakage

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5️⃣ 6. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: Bio-PE and other bio-based polymers

Mitsui Chemicals is a diversified chemical company with a strong focus on sustainability. The company is actively developing and commercializing bio-polyethylene, often targeting high-value applications where its environmental benefits command a premium.

Sustainability Initiatives:

• Integration of bio-PE into its broader strategy for achieving a sustainable, circular society

• R&D focused on next-generation bio-feedstocks, including non-food biomass

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4️⃣ 7. Neste Oyj

Headquarters: Espoo, Finland
Key Offering: Neste RE™, a feedstock for bio-based plastics

While not a polymer producer itself, Neste is a critically important enabler for the bio-PE market. Neste RE™ is a 100% renewable feedstock derived from bio-based sources like waste and residue oils, which partner companies like LyondellBasell and Borealis use to produce certified renewable polymers.

Sustainability Initiatives:

• Goal to help its customers reduce their greenhouse gas emissions by at least 20 million tons annually by 2030

• World’s leading producer of renewable diesel and sustainable aviation fuel, expanding into polymers and chemicals

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3️⃣ 8. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Performance polymers with a focus on advanced recycling

ExxonMobil, a titan in the petrochemical industry, is exploring pathways to lower the carbon footprint of its extensive polymer portfolio. The company is investing significantly in advanced (chemical) recycling, which can process plastic waste back into virgin-quality feedstocks, a complementary approach to bio-based production.

Sustainability Initiatives:

• Plans to build one of the largest advanced recycling facilities in North America

• Ongoing research into bio-feedstock utilization for polymer production

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2️⃣ 9. Ineos Group

Headquarters: London, United Kingdom
Key Offering: Polyolefins with evolving circular and bio-based offerings

Ineos is a global manufacturer of petrochemicals, specialty chemicals, and oil products. The company is actively developing its INVIRETM recycling technology and exploring bio-based alternatives to position itself in the evolving sustainable plastics landscape.

Sustainability Initiatives:

• Investment in new technologies to produce products with recycled and renewable content

• Commitment to producing 100% recyclable or reusable products

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1️⃣ 10. TotalEnergies Corbion

Headquarters: Gorinchem, Netherlands
Key Offering: Luminy® PLA (Polylactic Acid) – a key bio-polymer alternative

While specializing in PLA, a biodegradable and bio-based polymer, TotalEnergies Corbion is a crucial player in the broader bio-plastics ecosystem. PLA often competes with or complements Bio-PE in applications like flexible packaging, rigid containers, and consumer goods, driving overall market growth for bio-based solutions.

Sustainability Initiatives:

• World leader in PLA production with a fully integrated supply chain

• Focus on producing 100% biobased, recyclable, and compostable polymers

Get Full Report Here: 2022-2030 Report on Global bio-PE Market – View in Detailed Research Report

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🌍 Outlook: The Future of Bio-PE is Integrated and Circular

The bio-PE market is at a critical inflection point. While adoption is growing rapidly, its future is intrinsically linked to the development of a fully circular economy for plastics. The industry is moving beyond simple material substitution towards integrated systems that combine bio-based content, advanced recycling, and efficient waste management.

📈 Key Trends Shaping the Market:

• Strong regulatory tailwinds, including plastic taxes and mandatory recycled/bio-based content targets in Europe and North America.

• Brand owner commitments (e.g., Coca-Cola, Unilever, P&G) to increase use of recycled and renewable materials in packaging.

• Technological advancements in feedstock sourcing, particularly the shift towards second-generation (non-food) and waste-based feedstocks.

• Growing consumer awareness and willingness to pay a premium for sustainable products.

Get Full Report Here: 2022-2030 Report on Global bio-PE Market – View in Detailed Research Report

The companies leading the Bio-PE market are not just selling a product; they are engineering the sustainable materials foundation for generations to come.