The Global Bio-based Polyethylene Market was valued at USD 1.14 Billion in 2025 and is projected to reach USD 2.07 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.7% during the forecast period (2025–2032). This growth is being driven by stringent environmental regulations on single-use plastics, rising consumer preference for sustainable materials, and corporate commitments to reducing carbon footprints. The accelerating adoption of Bio-based Polyethylene (Bio-PE) solutions across packaging, agriculture, and consumer goods sectors is a key indicator of this market expansion.

As the global economy transforms toward circular and low-carbon operations, the spotlight is on the key polymer producers and technology developers who are driving innovation, efficiency, and cleaner material pathways. In this blog, we profile the Top 10 Companies in the Bio-based Polyethylene Industry—a mix of petrochemical giants, specialized biopolymer producers, and sustainability pioneers shaping the future of renewable plastics.

---

🔟 1. Braskem S.A.

Headquarters: São Paulo, Brazil
Key Offering: I’m green™ Bio-based Polyethylene (HDPE and LDPE)

Braskem is the undisputed global leader and pioneer in bio-based polyethylene, operating the world’s first commercial-scale plant producing ethylene from sugarcane ethanol. Its flagship “I’m green™” brand is a certified renewable polymer with identical properties to conventional polyethylene, making it a drop-in solution for a wide range of applications. The company supplies major multinational brands in the packaging, automotive, and consumer goods sectors.

Sustainability Initiatives:

• World’s largest producer of bio-based polyethylene with a 200,000-ton-per-year capacity

• Commitment to carbon negative footprint through sugarcane carbon capture

• Expansion of production capacity and exploration of new feedstocks like biomass waste

Download FREE Sample Report:
Bio-based Polyethylene Market – View in Detailed Research Report

---

9️⃣ 2. LyondellBasell Industries N.V.

Headquarters: Rotterdam, Netherlands & Houston, Texas, USA
Key Offering: CirculenRenew polymers (Bio-based PE and PP)

LyondellBasell, one of the world’s largest plastics, chemicals, and refining companies, has integrated bio-based solutions into its portfolio through its CirculenRenew brand. The company leverages its massive production scale and global distribution network to offer bio-attributed polyethylene, where renewable feedstocks are allocated to specific production batches using a mass balance approach, providing a scalable pathway for brands to incorporate renewable content.

Sustainability Initiatives:

• Mass balance approach to scale up renewable polymer production efficiently

• Strategic partnerships for sourcing sustainable feedstocks

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

---

8️⃣ 3. SABIC

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

SABIC, a global leader in diversified chemicals, offers bio-based polyethylene as part of its comprehensive TRUCIRCLE™ solutions for circularity. The company produces certified renewable polymers derived from second-generation feedstocks that do not compete with the food chain. SABIC’s strong R&D capabilities and global market presence make it a key supplier for demanding applications in flexible and rigid packaging.

Sustainability Initiatives:

• Focus on advanced (second-generation) feedstocks to avoid food-chain competition

• Certification under the International Sustainability & Carbon Certification (ISCC) PLUS scheme

• Collaboration with major brands like Unilever for sustainable packaging solutions

---

7️⃣ 4. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: Bio-based HDPE and functional polyolefins

Mitsui Chemicals is a leading Japanese chemical company with a strong focus on developing and commercializing bio-based polymers. The company has developed proprietary technologies for producing bio-polyethylene and is actively expanding its portfolio of sustainable materials. Mitsui Chemicals caters to high-value markets in Asia and globally, particularly in automotive, electronics, and specialty packaging.

Sustainability Initiatives:

• Development of bio-based materials as part of its “Vision 2030” long-term business plan

• Investment in R&D for bio-based feedstocks and advanced recycling technologies

• Strategic alliances to strengthen its position in the Asian bio-plastics market

Download FREE Sample Report:
Bio-based Polyethylene Market – View in Detailed Research Report

---

6️⃣ 5. The Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Bio-based PE for packaging and consumer applications

Dow, a global materials science leader, has been actively developing and commercializing bio-based polyethylene solutions. While maintaining its strong position in conventional polyolefins, Dow is increasingly focusing on renewable alternatives to meet customer sustainability demands. The company’s extensive application development expertise allows it to tailor bio-PE solutions for specific performance requirements in various markets.

Sustainability Initiatives:

• Integration of bio-based solutions into its broader sustainability and circular economy goals

• Partnerships with brand owners to develop sustainable packaging solutions

• Commitment to transitioning to a circular economy through its “Transform the Waste” and “Protect the Climate” goals

---

5️⃣ 6. Toyota Tsusho Corporation

Headquarters: Nagoya, Japan
Key Offering: Bio-PE distribution and supply chain solutions

Toyota Tsusho, the trading arm of the Toyota Group, plays a significant role in the bio-based polyethylene market through its expertise in supply chain management and global distribution. The company has been involved in bio-PE projects, including partnerships with Brazilian producers, to secure and distribute renewable polymers to the Asian market, particularly for automotive and electronics applications.

Sustainability Initiatives:

• Strategic partnerships for sourcing and distributing bio-based materials globally

• Focus on creating integrated supply chains for sustainable polymers

• Application of bio-PE in automotive components as part of Toyota’s broader environmental initiatives

---

4️⃣ 7. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialized bio-based polymers and intermediates

While primarily known for its specialty chemicals, Solvay has been expanding its footprint in bio-based polymers through research and strategic initiatives. The company’s expertise in polymer science and sustainable chemistry positions it to develop advanced bio-PE formulations with enhanced properties for specific applications. Solvay focuses on high-performance segments where its technical expertise provides competitive advantages.

Sustainability Initiatives:

• Integration of sustainability into its “G.R.O.W.” strategy, focusing on bio-based solutions

• Development of innovative bio-based materials through its advanced research centers

• Commitment to achieving carbon neutrality by 2040

---

3️⃣ 8. Arkema S.A.

Headquarters: Colombes, France
Key Offering: High-performance bio-based polymers

Arkema, a global specialty化学品 and advanced materials company, has been developing bio-based alternatives across its polymer portfolio. While its primary focus is on high-performance polymers, the company’s expertise in material science contributes to advancements in bio-polyethylene applications. Arkema’s approach emphasizes creating bio-based solutions that offer superior performance characteristics for demanding applications.

Sustainability Initiatives:

• Development of sustainable materials as part of its “Innovative Materials” segment strategy

• Focus on creating bio-based solutions with enhanced properties for specialty applications

• Commitment to sustainable innovation with a target of 85% of R&D projects dedicated to sustainable development by 2030

---

2️⃣ 9. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Certified bio-based polyethylene under mass balance approach

BASF, the world’s largest chemical producer, offers bio-based polyethylene through its biomass balance approach, certified under established sustainability standards. This method allows the company to integrate renewable feedstocks into its existing production Verbund (integrated production system), providing customers with drop-in solutions that have a reduced carbon footprint while maintaining identical quality and performance.

Sustainability Initiatives:

• Biomass balance approach for efficient scaling of bio-based production

• Certification under REDcert2 and ISCC PLUS sustainability standards

• Target to achieve CO2-neutral growth until 2030

Download FREE Sample Report:
Bio-based Polyethylene Market – View in Detailed Research Report

---

1️⃣ 10. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Bio-based and biodegradable polymer solutions

Novamont is an Italian pioneer in the bioplastics industry, known for its innovative bio-based and compostable materials. While its primary focus is on biodegradable polymers, the company’s expertise in bio-based chemistry and sustainable materials contributes to the broader bio-PE ecosystem. Novamont emphasizes integrated supply chains and application-specific solutions, particularly in packaging and agriculture.

Sustainability Initiatives:

• Development of integrated biorefineries for sustainable feedstock production

• Focus on creating complete bio-based product systems rather than individual materials

• Strong emphasis on the circular economy and end-of-life solutions for bio-based products

Get Full Report Here:
Bio-based Polyethylene Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Bio-based Polyethylene Is Scaling and Diversifying

The bio-based polyethylene market is undergoing a significant transformation. While conventional plastics still dominate in volume, the industry is investing substantially in renewable alternatives, advanced production technologies, and circular economy models. The transition is being accelerated by regulatory pressures, corporate sustainability commitments, and technological advancements that are gradually improving cost competitiveness.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion in South America, Europe, and Asia-Pacific regions

• Regulatory push for recycled content and bio-based material mandates by 2030

• Diversification of feedstocks beyond sugarcane to include agricultural waste and non-food biomass

• Brand-manufacturer alliances for developing customized sustainable packaging solutions

Get Full Report Here:
Bio-based Polyethylene Market – View in Detailed Research Report

The companies listed above are not only supplying sustainable materials—they’re spearheading the green transition of the global plastics industry.