Global Green Olefins Market Report and Forecast 2032

Green Olefins Market Insights & Analysis

The Global Green Olefins Market is anticipated to register a CAGR of around 14% during the forecast period, i.e., 2025-32. Also, the market size was valued at nearly USD 502.65 billion by 2032. Owing to the global demand for cleaner & greener industrial fluids as well as stricter emission regulations in both developed & emerging nations, the Olefins Market is predicted to upscale substantially over the forecast period. Additionally, an uptick in the application of internal olefins in oil drilling & associated operations is projected to propel the industry as the need for crude oil & its derivatives increases globally. Consequently, these factors have guaranteed the market’s continued growth. They are also very resilient to dampness and quite robust, which makes them a great option for the textile industry. In this market, the manufacturer of fiber is one of Olefin’s most popular uses.

The manufacturing of non-woven textiles, which find further uses in protective apparel, personal hygiene products, and geotextile, involves the substantial usage of olefins like polyethylene (PE) & polypropylene (PP). The coating materials that are put over fabrics are likewise produced using them. Water, UV radiation protection, and flame are offered by the coatings. Therefore, the manufacturing of textiles for outdoor clothes heavily uses olefins. Also, the growing environmental concerns, the requirement to cut carbon emissions, and the desire for more sustainable industrial processes are driving the Global Green Olefins Market.

Global Green Olefins Market FY32

• Study Period: 2020- 2032


• Base Year: 2024


• CAGR(2025-2032): 14%


• Market Value 2032: USD 502.65 Billion


• Fastest Growing Market: North America 


• Major Players: Archer Daniels and Midland Company (ADM), BASF, Neste, Braskem, New Energy Blue, SABIC, Oleon NV, Gevo, India Glycols Limited, Occidental Petroleum Corporation, and Others

Additionally, one of the most important elements in the shift to a more sustainable & circular economy is green olefins, which are employed to produce a broad range of goods, including chemicals, synthetic rubber, and plastics. Further, aspects driving the need for green olefins in recent years have included improvements in bio-refining technologies, government programs endorsing eco-friendly substitutes, and a change in customer attitudes toward sustainable economic methods. Moreover, there is a steady upscale in pre- & post-consumer waste, which is causing concerns about efficient waste management. Often ending up in landfills & the water, plastic containers, and other packaging materials, along with cosmetics, disturb both marine & terrestrial environments.

Hence, industrial producers as well as the governments of numerous economies, such as China, the US, Brazil, the UK, etc., are eagerly embracing bio-based olefins in diverse forms to facilitate the circular economy. Furthermore, producers of bio-olefins are raising their businesses to produce bio-olefins for usage in the tire industry. This has the dual advantage of reducing tire waste after consumption & emissions during production. Therefore, it is projected that enhancing the methods by which industrial producers use sustainable raw materials for industrial producers’ usage sustainable raw materials for industrial processing would favorably influence the Global Green Olefin Market between 2025-32.