Global Bio-based Polypropylene (PP) Market Growth 2023-2029
Polypropylene (PP) is a thermoplastic polymer with a melting point of approximately 165°C. The higher melting point of polypropylene makes it eligible for use in certain plastic items such as medical products and dishwasher safe containers. Bio based polypropylene have similar characteristics to synthetic polypropylene, but is manufactured from bio-based raw materials such as corn, sugarcane, and beet.
LPI (LP Information)' newest research report, the “Bio-based Polypropylene (PP) Industry Forecast” looks at past sales and reviews total world Bio-based Polypropylene (PP) sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-based Polypropylene (PP) sales for 2023 through 2029. With Bio-based Polypropylene (PP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Polypropylene (PP) industry.
This Insight Report provides a comprehensive analysis of the global Bio-based Polypropylene (PP) 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-based Polypropylene (PP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-based Polypropylene (PP) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Polypropylene (PP) 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-based Polypropylene (PP).
The global Bio-based Polypropylene (PP) market size is projected to grow from US$ 66340 million in 2022 to US$ 83230 million in 2029; it is expected to grow at a CAGR of 83230 from 2023 to 2029.
North America accounted for 34.0% of the global market revenue in 2017. Rise in usage of biodegradable polymers by the construction industry in the region is anticipated to propel growth over the forecast period. Increase in consumption of bio-plastics in the packaging industry is also likely to boost the market.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Polypropylene (PP) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Sugars
Starch
Lignocellulosic Biomass
Segmentation by application
Injection
Textile
Films
Other
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
Global Bioenergies
DowDuPont
Mitsui Chemicals
SABIC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bio-based Polypropylene (PP) market?
What factors are driving Bio-based Polypropylene (PP) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-based Polypropylene (PP) market opportunities vary by end market size?
How does Bio-based Polypropylene (PP) 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.