Global Bio Polypropylene Market Growth 2023-2029

Global Bio Polypropylene Market Growth 2023-2029

Biopolypropylene is a thermoplastic polymer commonly used in the packaging industry. Other uses include textiles, bottles, Rubik’s cube stickers, and even polymer banknotes. Because polypropylene shares many properties with polyethylene, they are commonly employed for similar uses. Polypropylene is especially resistant to fatigue, which is ideal for mobile plastic parts. Conventional polypropylene is made from petroleum in a process which results in large amounts of green house gases. However, an alternative process has been developed which allows for its synthesis from sugar cane.

LPI (LP Information)' newest research report, the “Bio Polypropylene Industry Forecast” looks at past sales and reviews total world Bio Polypropylene sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio Polypropylene sales for 2023 through 2029. With Bio Polypropylene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio Polypropylene industry.

This Insight Report provides a comprehensive analysis of the global Bio Polypropylene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio Polypropylene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio Polypropylene market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio Polypropylene and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio Polypropylene.

The global Bio Polypropylene market size is projected to grow from US$ 31 million in 2022 to US$ 45 million in 2029; it is expected to grow at a CAGR of 45 from 2023 to 2029.

Reduce of GHG emissions, growth of the bioplastics industry, rising preference of consumers for biodegradable products, the increasing demand for innovative packaging from MNCs are main factors contributing to the growth of market. North America is one of the prominent markets for bio-based polypropylene and this is largely owing to progressive regulations for bio-based polymers implemented by the U.S. EPA. Growth of automotive, construction, packaging, and electronics sectors in North America is likely to further drive the regional market over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Bio Polypropylene market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Injection Molding
Textiles
Films

Segmentation by application
Construction
Automotive
Packaging
Industrial
Electrical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Braskem
Biobent Polymers
Global Bioenergies
Trellis Bioplastics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio Polypropylene market?

What factors are driving Bio Polypropylene market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bio Polypropylene market opportunities vary by end market size?

How does Bio Polypropylene break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.