Summary

India bio-based ethylene market is expected to grow from US$ 15.22 million in 2023 to US$ 31.96 million by 2031. It is expected to grow at a CAGR of 9.7% from 2023 to 2031.

Bio-based ethylene is produced from renewable resources such as sugarcane or corn, widely attributed as an alternative to fossil fuel-derived ethylene. India’s abundant agricultural resources also make the production of bio-ethylene economically attractive. The country’s packaging industry is growing significantly, coupled with regulatory pressure to reduce its environmental footprint. Multinational corporations operating in India are adopting global sustainability pledges, further fueling the shift towards bio-based materials.

Bio-based ethylene, derived from renewable resources such as bioethanol, presents a sustainable alternative to conventional ethylene. The production of bio-based ethylene involves the dehydration of bioethanol, which can be sourced from various biomass feedstocks, including sugarcane, corn, and agricultural residues. The adoption of bio-based ethylene reduces the dependency on fossil fuels and contributes less to greenhouse gas emissions, rendering it an attractive option for manufacturers seeking to meet their sustainability targets. The Indian government has been proactive in encouraging the development and adoption of bio-based chemicals through various policy measures and incentives. For instance, the introduction of the National Policy on Biofuels aims to promote the production of biofuels, including bioethanol, which is a key feedstock for bio-based ethylene.

The emergence of second-generation bioethanol represents a significant leap forward in bioethanol production technology, with profound implications for the bio-based ethylene market in India. Unlike first-generation bioethanol, which is derived from food crops such as sugarcane and corn, second-generation bioethanol is produced from non-food biomass, including agricultural residues, waste, and lignocellulosic materials. This shift is crucial because it addresses one of the major drawbacks of bioethanol production—its competition with food crops for land and resources. With the utilization of agricultural waste and other non-food biomass, second-generation bioethanol reduces the pressure on the food supply chain, making bio-based ethylene production more sustainable and socioeconomically viable.

Alongside advancements in bioethanol production, ongoing innovations in bio-based ethylene production are expected to drive the growth of the India bio-based ethylene market. Research and development efforts are focused on making the production of bio-based ethylene more efficient and cost-effective. This includes the development of advanced enzymatic processes that can break down biomass into sugars more effectively, which are then fermented to produce ethanol. Improvements in fermentation techniques are also being pursued to increase the yield of ethanol, which is critical for the cost competitiveness of bio-based ethylene. Thus, technological innovations in bioethanol and bio-ethylene production, aligning with the broader global shift toward greener, more sustainable chemical production processes, will likely bring new growth trends in the India bio-based ethylene market in the coming years.

Based on raw material, the India bio-based ethylene market is segmented into sugar, starch, and lignocellulosic. In 2023, sugar segment held a significant market share during the forecast period. The production of bio-based ethylene is a two-stage process. Sugar-rich feedstocks such as sugarcane are fermented to produce ethanol, which is further subjected to a dehydration process to produce ethylene. Advancements in catalysis and optimization of processes are fostering the sourcing of ethylene from sugar sources.

Braskem SA, The Dow Chemical Co, Saudi Basic Industries Corp, Occidental Petroleum Corp, and INEOS Group Holdings SA, are among the leading players in the India bio-based ethylene market. These companies are adopting mergers & acquisitions and product launches to expand their geographic presence and consumer bases.

The overall India bio-based ethylene market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants, including valuation experts, research analysts, and key opinion leaders—specializing in the India bio-based ethylene market.

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Table of Contents

TABLE OF CONTENTS

1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentatio
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. India Bio-Based Ethylene Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Distributors/Suppliers
4.3.4 End-Use Industry
4.3.5 List of Vendors in the Value Chain
5. India Bio-Based Ethylene Market – Key Market Dynamics
5.1 India Bio-Based Ethylene Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Sustainability and Environmental Concerns
5.2.2 Government Initiatives and Support
5.3 Market Restraints
5.3.1 Limited Production Capacity
5.4 Market Opportunities
5.4.1 Strategic Partnerships and Collaborations
5.5 Future Trends
5.5.1 Technological Innovations
5.6 Impact of Drivers and Restraints:
6. India Bio-Based Ethylene Market Analysis
6.1 India Bio-Based Ethylene Market Volume (Kilo Tons), 2021–2031
6.2 India Bio-Based Ethylene Market Volume Forecast and Analysis (Kilo Tons)
6.3 India Bio-Based Ethylene Market Revenue (US$ Million), 2021–2031
6.4 India Bio-Based Ethylene Market Revenue Forecast and Analysis (US$ Million)
7. India Bio-Based Ethylene Market Revenue Analysis – by Raw Material
7.1 Sugar
7.1.1 Overview
7.1.2 Sugar: India Bio-Based Ethylene Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Starch
7.2.1 Overview
7.2.2 Starch: India Bio-Based Ethylene Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Lignocellulosic Biomass
7.3.1 Overview
7.3.2 Lignocellulosic Biomass: India Bio-Based Ethylene Market – Revenue and Forecast to 2031 (US$ Million)
8. India Bio-Based Ethylene Market Volume and Revenue Analysis – by End-Use Industry
8.1 Packaging
8.1.1 Overview
8.1.2 Packaging: India Bio-Based Ethylene Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Additives
8.2.1 Overview
8.2.2 Additives: India Bio-Based Ethylene Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Lubricant
8.3.1 Overview
8.3.2 Lubricant: India Bio-Based Ethylene Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Detergents
8.4.1 Overview
8.4.2 Detergents: India Bio-Based Ethylene Market – Revenue and Forecast to 2031 (US$ Million)
9. Competitive Landscape
9.1 Heat Map Analysis by Key Market Players
9.2 Company Positioning & Concentration
10. Industry Landscape
10.1 Overview
10.2 Collaboration
10.3 Mergers & Acquisitions
10.4 New Product Launch
10.5 Expansion
11. Company Profiles
11.1 Braskem SA
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 The Dow Chemical Co
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Saudi Basic Industries Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Occidental Petroleum Corp
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 INEOS Group Holdings SA
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
12. Appendix
12.1 About The Insight Partners