Market Overview

The Green Olefins market is predicted to develop at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2034, when it is projected to reach USD 11,462.41 Million in 2034, based on an average growth pattern. The market is estimated to reach a value of USD 4,845.59 Million in 2024.

SOURCE: We Market Research

The Global Green Olefins Market refers to the market for olefins (primarily ethylene, propylene, and butadiene) produced from renewable, sustainable, or bio-based sources, rather than traditional fossil fuels like crude oil or natural gas. Green olefins are typically derived from biomass, such as plant-based materials, or from waste products through processes like bio-ethanol dehydration, biogas-to-olefins, or other advanced chemical processes.

The demand for green olefins is driven by increasing environmental concerns, the need to reduce carbon emissions, and the push for more sustainable industrial practices. Green olefins can be used in the production of a wide range of products, including plastics, chemicals, and synthetic rubbers, making them a vital component in the transition to a more sustainable and circular economy.

Market Scope

Green Olefins Industry: Dynamics & Restrains 

Market opportunity:

We Market Research: Green Olefins Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.

Green Olefins Segmentation

Market- By Product Type Analysis

By Product Type, the Green Olefins market is categories into Green Ethylene, Green Propylene, Green Butadiene and Others. Green Ethylene segments dominate the market with the largest share, accounting for over 60% of the market in 2023. Green Ethylene is typically the largest segment in the green olefins market due to its widespread use in the production of various polymers and chemicals. Green ethylene, produced from renewable sources, often dominates the market share.

The following segments are part of an in-depth analysis of the global Green Olefins market:

Green Olefins Industry: Regional Analysis

North America Market Forecast

North America dominates the global Green Olefins market, accounting for around 40% of the market share in 2023. The North American green olefins market is experiencing significant growth driven by stringent environmental regulations and the push towards sustainability. The U.S. and Canada are key contributors to this growth.

Europe Market Statistics

Europe is a leading region in the green olefins market, supported by robust environmental policies and a strong focus on sustainability. Countries like Germany, France, and the Netherlands are significant contributors.

Asia Pacific Market Forecasts

The Asia-Pacific region is witnessing rapid growth in the green olefins market, driven by increasing industrialization and awareness of environmental issues. China, Japan, and India are major markets.

Middle East & Africa Market Statistics

The green olefins market in the Middle East and Africa is relatively nascent, with limited growth compared to other regions. However, there is increasing interest in sustainability and green technologies.

Key Market Players

The Green Olefins Market is dominated by a few large companies, such as

·         Braskem

·         Dow Inc.

·         SABIC (Saudi Basic Industries Corporation)

·         LyondellBasell Industries

·         Mitsui Chemicals, Inc.

·         Borealis AG

·         TotalEnergies

·         Neste Corporation

·         Reliance Industries Limited

·         Clariant AG

·         BASF SE

·         INEOS Group

·         Global Bioenergies

·         Virent, Inc.

·         Avantium N.V.                                                                                               

1.      Global Green Olefins Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Green Olefins Market Scope and Market Estimation

1.2.1. Global Green Olefins Overall Market Size (US$ Bn) and Volume (Tons), Market CAGR (%), Market forecast (2024 - 2034)

1.2.2. Global Green Olefins Market Revenue Share (%) and Volume Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034

1.3.    Market Segmentation

1.3.1. Product Type of Global Green Olefins Market

1.3.2. Feedstock of Global Green Olefins Market

1.3.3. Distribution Channel of Global Green Olefins Market

1.3.4. End-use of Global Green Olefins Market

1.3.5. Region of Global Green Olefins Market

2.      Executive Summary

2.1.    Demand Side Trends

2.2.    Key Market Trends

2.3.    Market Demand (US$ Bn) Analysis 2019 – 2023 and Forecast, 2024 – 2034

2.4.    Demand and Opportunity Assessment

2.5.    Market Dynamics

2.5.1. Drivers

2.5.2. Limitations

2.5.3. Opportunities

2.5.4. Impact Analysis of Drivers and Restraints

2.6.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.7.    Cost Tear Down Analysis

2.8.    Key Developments

2.9.    Porter’s Five Forces Analysis

2.9.1. Bargaining Power of Suppliers

2.9.2. Bargaining Power of Buyers

2.9.3. Threat of Substitutes

2.9.4. Threat of New Entrants

2.9.5. Competitive Rivalry

2.10.  PEST Analysis

2.10.1.   Political Factors

2.10.2.   Economic Factors

2.10.3.   Social Factors

2.10.4.   Technology Factors

2.11.  Value Chain / Ecosystem Analysis

2.12.  Key Regulation

2.13.  Production Process Overview

3.      Global Green Olefins Market Estimates & Historical Trend Analysis (2019 - 2023)

4.      Global Green Olefins Market Estimates & Forecast Trend Analysis, by Product Type

4.1.    Global Green Olefins Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Product Type, 2019 - 2034

4.1.1. Green Ethylene

4.1.2. Green Propylene

4.1.3. Green Butadiene

4.1.4. Others

5.      Global Green Olefins Market Estimates & Forecast Trend Analysis, by Feedstock

5.1.    Global Green Olefins Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Feedstock, 2019 - 2034

5.1.1. Biomass

5.1.2. Bioethanol

5.1.3. Biogas

5.1.4. Algae

5.1.5. Waste Plastics

5.1.6. Others

6.      Global Green Olefins Market Estimates & Forecast Trend Analysis, by Distribution Channel

6.1.    Global Green Olefins Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Distribution Channel, 2019 - 2034

6.1.1. Distributors

6.1.2. Wholesale

7.      Global Green Olefins Market Estimates & Forecast Trend Analysis, by End-use

7.1.    Global Green Olefins Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by End-use, 2019 - 2034

7.1.1. Packaging

7.1.2. Automotive

7.1.3. Construction

7.1.4. Consumer Goods

7.1.5. Textiles

7.1.6. Others

8.      Global Green Olefins Market Estimates & Forecast Trend Analysis, by Region

8.1.    Global Green Olefins Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Region, 2019 - 2034

8.1.1. North America

8.1.2. Western Europe

8.1.3. Eastern Europe

8.1.4. Asia Pacific

8.1.5. Middle East & Africa

8.1.6. Latin America

9.      North America Green Olefins Market: Estimates & Forecast Trend Analysis

9.1.    North America Green Olefins Market Assessments & Key Findings

9.1.1. North America Green Olefins Market Introduction

9.1.2. North America Green Olefins Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)

9.1.2.1.   By Product Type

9.1.2.2.   By Feedstock

9.1.2.3.   By Distribution Channel

9.1.2.4.   By End-use

9.1.2.5.   By Country

9.1.2.5.1.     The U.S.

9.1.2.5.2.     Canada

9.1.2.5.3.     Mexico

10.  Western Europe Green Olefins Market: Estimates & Forecast Trend Analysis

10.1.  Western Europe Green Olefins Market Assessments & Key Findings

10.1.1.   Western Europe Green Olefins Market Introduction

10.1.2.   Western Europe Green Olefins Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)

10.1.2.1.    By Product Type

10.1.2.2.    By Feedstock

10.1.2.3.    By Distribution Channel

10.1.2.4.    By End-use

10.1.2.5.    By Country

10.1.2.5.1.  Germany

10.1.2.5.2.  Italy

10.1.2.5.3.  U.K.

10.1.2.5.4.  France

10.1.2.5.5.  Spain

10.1.2.5.6.  Benelux

10.1.2.5.7.  Nordics

10.1.2.5.8. Rest of W. Europe

11.  Eastern Europe Green Olefins Market: Estimates & Forecast Trend Analysis

11.1.  Eastern Europe Green Olefins Market Assessments & Key Findings

11.1.1.   Eastern Europe Green Olefins Market Introduction

11.1.2.   Eastern Europe Green Olefins Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)

11.1.2.1.    By Product Type

11.1.2.2.    By Feedstock

11.1.2.3.    By Distribution Channel

11.1.2.4.    By End-use

11.1.2.5.    By Country

11.1.2.5.1.  Russia

11.1.2.5.2.  Hungary

11.1.2.5.3.  Poland

11.1.2.5.4.  Balkan & Baltics

11.1.2.5.5. Rest of E. Europe

12.  Asia Pacific Green Olefins Market: Estimates & Forecast Trend Analysis

12.1.  Asia Pacific Market Assessments & Key Findings

12.1.1.   Asia Pacific Green Olefins Market Introduction

12.1.2.   Asia Pacific Green Olefins Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)

12.1.2.1.    By Product Type

12.1.2.2.    By Feedstock

12.1.2.3.    By Distribution Channel

12.1.2.4.    By End-use

12.1.2.5.    By Country

12.1.2.5.1. China

12.1.2.5.2. Japan

12.1.2.5.3. India

12.1.2.5.4. Australia & New Zealand

12.1.2.5.5. South Korea

12.1.2.5.6. ASEAN

12.1.2.5.7. Rest of Asia Pacific

13.  Middle East & Africa Green Olefins Market: Estimates & Forecast Trend Analysis

13.1.  Middle East & Africa Market Assessments & Key Findings

13.1.1.   Middle East & Africa Green Olefins Market Introduction

13.1.2.   Middle East & Africa Green Olefins Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)

13.1.2.1.    By Product Type

13.1.2.2.    By Feedstock

13.1.2.3.    By Distribution Channel

13.1.2.4.    By End-use

13.1.2.5.    By Country

13.1.2.5.1. UAE

13.1.2.5.2. Saudi Arabia

13.1.2.5.3. Turkey

13.1.2.5.4. South Africa

13.1.2.5.5. Rest of MEA

14.  Latin America Green Olefins Market: Estimates & Forecast Trend Analysis

14.1.  Latin America Market Assessments & Key Findings

14.1.1.   Latin America Green Olefins Market Introduction

14.1.2.   Latin America Green Olefins Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)

14.1.2.1.    By Product Type

14.1.2.2.    By Feedstock

14.1.2.3.    By Distribution Channel

14.1.2.4.    By End-use

14.1.2.5.    By Country

14.1.2.5.1. Brazil

14.1.2.5.2. Argentina

14.1.2.5.3. Colombia

14.1.2.5.4. Rest of LATAM

15.  Country Wise Market: Introduction

16.  Competition Landscape

16.1.  Global Green Olefins Market Product Mapping

16.2.  Global Green Olefins Market Concentration Analysis, by Leading Players / Innovators / Emerging Players / New Entrants

16.3.  Global Green Olefins Market Tier Structure Analysis

16.4.  Global Green Olefins Market Concentration & Company Market Shares (%) Analysis, 2023

17.  Company Profiles

17.1.      Braskem

17.1.1.   Company Overview & Key Stats

17.1.2.   Financial Performance & KPIs

17.1.3.   Product Portfolio

17.1.4.   SWOT Analysis

17.1.5.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

17.2.      Dow Inc.

17.3.      SABIC (Saudi Basic Industries Corporation)

17.4.      LyondellBasell Industries

17.5.      Mitsui Chemicals, Inc.

17.6.      Borealis AG

17.7.      TotalEnergies

17.8.      Neste Corporation

17.9.      Reliance Industries Limited

17.10.  Clariant AG

17.11.  BASF SE

17.12.  INEOS Group

17.13.  Global Bioenergies

17.14.  Virent, Inc.

17.15.  Avantium N.V.

17.16.  Others

18.  Research Methodology

18.1.  External Transportations / Databases

18.2.  Internal Proprietary Database

18.3.  Primary Research

18.4.  Secondary Research

18.5.  Assumptions

18.6.  Limitations

18.7.  Report FAQs

19.  Research Findings & Conclusion