The Global Bio-ethylene Market was valued at USD 715.3 Million in 2023 and is projected to reach USD 2.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period (2024–2030). This robust growth is fueled by escalating demand for sustainable packaging, stringent government regulations on plastic waste, and the chemical industry’s aggressive shift toward bio-based feedstocks to reduce carbon footprint.
As the world pivots toward a circular economy, the companies producing bio-ethylene—a drop-in renewable substitute for petroleum-derived ethylene—are at the forefront of this transformation. In this blog, we profile the Top 10 Companies in the Bio-ethylene Industry—a dynamic group of chemical giants, agricultural processors, and renewable technology innovators shaping the future of green chemicals.
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🔟 1. Braskem S.A.
Headquarters: São Paulo, Brazil
Key Offering: I’m green™ Bio-based PE (Polyethylene)
Braskem is the global pioneer and largest producer of bio-ethylene and bio-polyethylene, derived from sustainably sourced sugarcane ethanol. Its flagship I’m green™ portfolio is a certified renewable plastic used by major brands worldwide for packaging applications, offering a carbon-negative solution.
Sustainability Initiatives:
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World’s first industrial-scale bio-ethylene plant (200,000 tons/year capacity)
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Commitment to producing 1 million tons of renewable-based products annually by 2030
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Partnerships for chemical recycling and advanced bio-feedstock development
Download FREE Sample Report: Global Bio-ethylene Market – View in Detailed Research Report
9️⃣ 2. LyondellBasell Industries Holdings B.V.
Headquarters: Rotterdam, Netherlands
Key Offering: CirculenRenew polymers, Bio-ethylene derivatives
LyondellBasell, one of the world’s largest plastics, chemicals, and refining companies, is advancing its circular and low-carbon solutions through its CirculenRenew product line. The company is investing in bio-based feedstocks and advanced recycling to produce certified renewable ethylene and polyolefins.
Sustainability Initiatives:
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Strategic goal to produce and market 2 million metric tons of recycled and renewable-based polymers annually by 2030
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Investments in molecular recycling technologies to process bio-feedstocks
8️⃣ 3. The Dow Chemical Company
Headquarters: Midland, Michigan, USA
Key Offering: Renewable ethylene glycol, Bio-derived PE
Dow is a leading materials science company integrating bio-based feedstocks into its massive ethylene production ecosystem. The company focuses on creating bio-derived versions of its key products, including polyethylene for flexible packaging and ethylene glycol for resins and antifreeze.
Sustainability Initiatives:
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Commitment to enable 3 million metric tons of circular and renewable plastic production by 2030
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Partnerships with bio-refineries for sustainable carbon feedstock sourcing
7️⃣ 4. SABIC
Headquarters: Riyadh, Saudi Arabia
Key Offering: Certified Renewable Polyolefins (Bio-PE, Bio-PP)
SABIC’s TRUCIRCLE™ portfolio includes bio-based polyolefins derived from second-generation bio-feedstocks that do not compete with the food chain. The company is scaling up production to meet demand from brand owners seeking certified renewable solutions for consumer packaging.
Sustainability Initiatives:
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Utilizes mass balance approach to integrate bio-naphtha and bio-ethanol into existing crackers
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Aims for 1 million metric tons of annual circular product capacity by 2030
6️⃣ 5. Neste Corporation
Headquarters: Espoo, Finland
Key Offering: Bio-based Naphtha, Renewable Feedstock for Bio-ethylene
While not a direct producer of bio-ethylene, Neste is a critical enabler, producing renewable Neste RE™, a bio-based feedstock that steam crackers can use to produce bio-ethylene and bio-propylene. This drop-in solution allows petrochemical producers to create bio-polymers without facility modifications.
Sustainability Initiatives:
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Target to process over 1 million tons of waste plastic and renewable raw materials annually by 2030
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Key supplier of bio-naphtha to major chemical companies for bio-ethylene production
5️⃣ 6. TotalEnergies
Headquarters: Paris, France
Key Offering: RE:clic™ polymers, Bio-attributed ethylene
TotalEnergies is transforming its refining and petrochemical platforms to produce renewable and circular polymers. The company is sourcing sustainable bio-feedstocks and implementing mass balance accounting to offer certified bio-attributed ethylene and its derivatives to the market.
Sustainability Initiatives:
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Targeting 30% renewable and recycled feedstocks in polymer production by 2030
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Investment in bio-refineries and advanced waste-to-chemicals technologies
Download FREE Sample Report: Global Bio-ethylene Market – View in Detailed Research Report
4️⃣ 7. Enerkem
Headquarters: Montreal, Canada
Key Offering: Bio-methanol, Bio-ethanol for ethylene production
Enerkem is a technology pioneer specializing in converting non-recyclable waste into biofuels and renewable chemicals. Its proprietary process produces bio-methanol, which can be further processed into bio-ethylene, offering a waste-to-chemicals pathway that diverts landfill waste.
Sustainability Initiatives:
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World’s first commercial-scale waste-to-biofuels facility in Edmonton, Canada
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Technology partnerships to scale methanol-to-olefins (MTO) processes for bio-ethylene
3️⃣ 8. Axens
Headquarters: Rueil-Malmaison, France
Key Offering: Ethanol-to-Ethylene (E2E) Technology, Process Licensing
Axens is a leading technology provider offering the Vegan® technology, a catalytic process for converting bio-ethanol into polymer-grade bio-ethylene. The company licenses this technology to chemical producers worldwide, enabling them to build dedicated bio-ethylene production units.
Sustainability Initiatives:
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Enables clients to produce bio-ethylene with a significantly lower carbon footprint than fossil-based routes
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Supports the development of integrated biorefineries globally
2️⃣ 9. Cargill
Headquarters: Minnetonka, Minnesota, USA
Key Offering: Bio-based feedstocks (e.g., sugarcane, corn), Renewable intermediates
As a global agricultural giant, Cargill plays a foundational role in the bio-ethylene value chain by supplying sustainable biomass and bio-ethanol. The company’s extensive agricultural supply chain and focus on sustainable sourcing make it a key feedstock partner for bio-ethylene producers.
Sustainability Initiatives:
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Commitment to sustainable agriculture across its global supply chain
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Investment in next-generation biomass sources for advanced biofuels and biochemicals
1️⃣ 10. Linde
Headquarters: Guildford, United Kingdom
Key Offering: Industrial gases, Bio-ethylene plant technology, Carbon capture solutions
Linde, a global industrial gases and engineering leader, provides critical technology and infrastructure for bio-ethylene production. The company designs and constructs state-of-the-art ethylene plants that can be optimized for bio-feedstocks and offers carbon capture solutions to further reduce the carbon intensity of production.
Sustainability Initiatives:
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Developing lower-carbon ethylene production technologies compatible with renewable feedstocks
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Engineering solutions for blue and green hydrogen integration in chemical production
Get Full Report Here: Global Bio-ethylene Market – View in Detailed Research Report
🌍 Outlook: The Future of Bio-ethylene Is Integrated and Circular
The bio-ethylene market is transitioning from niche to mainstream, driven by a powerful convergence of environmental pressures, consumer demand, and technological maturity. While current production is a fraction of the conventional ethylene market, the trajectory points toward exponential growth as supply chains decarbonize.
📈 Key Trends Shaping the Market:
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Rapid expansion of bio-refinery capacity in Europe, North America, and Asia
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Stringent regulatory mandates and plastic taxes favoring bio-based and recycled content
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Advancements in 2nd-generation (non-food) and 3rd-generation (algae, waste) feedstocks
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Strategic partnerships between chemical companies, agribusiness, and brand owners to create closed-loop systems
Get Full Report Here: Global Bio-ethylene Market – View in Detailed Research Report
The companies listed above are not only producing essential chemicals—they are building the foundation for a sustainable, circular economy.
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