The Bio-based Polypropylene Market size is estimated at 34.79 kilotons in 2024, and is expected to reach 87.84 kilotons by 2029, growing at a CAGR of 20.35% during the forecast period (2024-2029).
The impact of COVID-19 was negative due to the raw materials shortage and declined demand for the product. However, an upsurge in the textile industry propelled bio-based polypropylene consumption after the pandemic.
The bio-based polypropylene market is partially consolidated, with the major players dominating a significant portion. Some companies operating in the market (in no particular order) are Borealis AG, Braskem, Mitsui Chemicals Inc., SABIC, and LyondellBasell Industries Holdings BV.
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