Bio-Based Ethylene Market - Global Industry Growth, Size, Share, Analysis And Forecast To 2020: New Report By Grand View Research, Inc.

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"Advancement with technologies and early market penetration will provide growth opportunities for bio-based ethylene industry participants". View full research report - http://www.grandviewresearch.com/industry-analysis/bio-based-ethylene-market

Grand View Research

Increasing feedstock prices coupled with stringent environmental regulations by agencies such as FDA, EPA and REACH to cut green house gases (GNG) will augment bio-based ethylene market over the forecast period.

Shift in trend towards developing sustainable products will remain a key driving factor for bio-based ethylene market over the next six years. Increasing feedstock prices coupled with stringent environmental regulations by agencies such as FDA, EPA and REACH, to cut green house gases (GNG) will augment bio-based ethylene market over the forecast period. Bio-based ethylene derived polyethylene has huge potential for substituting petrochemical derived ethylene in myriad industrial applications such as lubricants, plasticizers, additives, detergents, medical devices and packaging.

Access full research report on Bio-Based Ethylene Market at http://www.grandviewresearch.com/industry-analysis/bio-based-ethylene-market

The global market is still at infancy stage with companies starting R&D practices to manufacture sustainable ethylene coupled with scaling up of industrial processes for product commercialization. Major petrochemical based ethylene manufacturers are shifting focus towards developing bio-based ethylene to capture the market in its initial developmental stages. Companies such as IFPEN, Axen and Total have launched a joint proprietary technology known as Atol, for making bio-based ethylene commercially available in the market. Other market participants such as Dow Chemical Company, Alberta, Cargill and Suiker Unie are conducting research to develop bio-based ethylene production technology. High initial investment costs along with establishment of new manufacturing technologies will possess challenges for industry participants. Advancement with technologies and early market penetration will provide growth opportunities for bio-based ethylene industry participants.

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North America will witness significant growth rates owing to favorable governmental regulations on use of bio derived products and technological advancements. Significant demand is expected from emerging economy of the Asia Pacific region owing to the presence of large scale ethylene manufactures shifting focus towards manufacture of bio-based ethylene. China will witness higher growth rates owing to high ethylene manufacturing capacities.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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