Shift in trend towards developing sustainable products is expected to remain a key driving factor for bio-based ethylene market over the next six years. For More Information Visit - http://www.grandviewresearch.com/industry-analysis/bio-based-ethylene-market

1. Bio-Based Ethylene Market Analysis, Market Size,
Application Analysis, Regional Outlook, Competitive
Strategies And Forecasts, 2014 To 2020
Shift in trend towards developing sustainable products is expected to 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 in order to reduce green house gases
(GNG) expected to significantly augment bio-based ethylene market over the
forecast period.

2. 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.
For More Information on "Bio-Based Ethylene Market Research Reports"
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ethylene-market

3. Global market is still at infancy stage with companies involved in R&D to
manufacture sustainable ethylene coupled with scaling up of industrial process
for product commercialization. Major petrochemical based ethylene
manufacturers are shifting focus to develop bio-based ethylene in order to
capture market at initial developmental stages. Companies such as IFPEN, Axen
and Total had launched joint proprietary technology known as Atol, for making
bio-based ethylene commercially available in market. Other market participants
such as Dow Chemical Company, Alberta, Cargill and Suiker Unie are involved
in research for developing bio-based ethylene production technology. High
initial investment costs coupled with establishment of novel manufacturing
technologies is expected to posses challenge for industry participants.
Advancement with technologies and early market penetration is expected to
provide growth opportunities for bio-based ethylene industry participants.
North America is expected to witness significant growth rates owing to
favorable governmental regulations on use of bio derived products and
technological advancements. Other significant demand is expected from
emerging economy of Asia Pacific owing to presence of large scale ethylene
manufactures shifting focus to produce bio-based ethylene. China from Asia
Pacific is expected to witness higher growth rates owing high ethylene
manufacturing capacities.
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