In 2022, the Latin American market for bio-based polyethylene was worth 93.06 million U.S. dollars. It is anticipated that this market will experience significant growth, with a projected value of 171.27 million U.S. dollars by 2030 across all applications. The flexible packaging sector is predicted to hold the largest market share, contributing 28.18 million U.S. dollars in 2022, and is expected to increase to 47.92 million U.S. dollars by 2030.
Additional information on the bio-based polyethylene market can be found here.
Market value of bio-based polyethylene in Latin America from 2020 to 2022, with a forecast from 2023 to 2030, by end use
(in million U.S. dollars)
Characteristic
Flexible Packaging
Rigid Packaging
Textile
Consumer Goods
Agriculture
Automotive
Others**
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Extrapolate. (November 1, 2023). Market value of bio-based polyethylene in Latin America from 2020 to 2022, with a forecast from 2023 to 2030, by end use (in million U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1425668/latin-american-bio-based-polyethylene-market-value-by-end-use/
Extrapolate. "Market value of bio-based polyethylene in Latin America from 2020 to 2022, with a forecast from 2023 to 2030, by end use (in million U.S. dollars)." Chart. November 1, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1425668/latin-american-bio-based-polyethylene-market-value-by-end-use/
Extrapolate. (2023). Market value of bio-based polyethylene in Latin America from 2020 to 2022, with a forecast from 2023 to 2030, by end use (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1425668/latin-american-bio-based-polyethylene-market-value-by-end-use/
Extrapolate. "Market Value of Bio-based Polyethylene in Latin America from 2020 to 2022, with a Forecast from 2023 to 2030, by End Use (in Million U.S. Dollars)." Statista, Statista Inc., 1 Nov 2023, https://www.statista.com/statistics/1425668/latin-american-bio-based-polyethylene-market-value-by-end-use/
Extrapolate, Market value of bio-based polyethylene in Latin America from 2020 to 2022, with a forecast from 2023 to 2030, by end use (in million U.S. dollars) Statista, https://www.statista.com/statistics/1425668/latin-american-bio-based-polyethylene-market-value-by-end-use/ (last visited August 24, 2024)
Market value of bio-based polyethylene in Latin America from 2020 to 2022, with a forecast from 2023 to 2030, by end use (in million U.S. dollars) [Graph], Extrapolate, November 1, 2023. [Online]. Available: https://www.statista.com/statistics/1425668/latin-american-bio-based-polyethylene-market-value-by-end-use/