Bio-based Polypropylene (PP) Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction

Bio-based PP is analogues to synthetic PP in nature and can be extracted from organic raw material such as sugarcane, beet and corn. Its properties to reduce weight for achieving low carbon footprint have increased its application scope in medical, packaging, pipe systems, automobiles and textile sector. Abundant raw material availability in major regions has given scope to the growth of these market vendors to expand investment for bio-based PP production.

Market Dynamics

Necessity to reduce GHG emissions and development of the bio-plastics industry, increasing acceptance of sustainable packaging solutions are some of the factors driving growth of this market. Upsurge in demand for corn, soy, and sugarcane from food industry is expected to affect raw material obtainability, thus hampering the growth of this market. Bio-based PP is cost-effective substitute over conventional PP which can impel the growth of bio-based polypropylene (PP) market in coming future.

Market Classification

The market can be bifurcated on the basis of application and geography. By application, bio-based polypropylene (PP) market can be segmented into injection, textile, films, others. On the basis of geography, the bio-based polypropylene (PP) market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in bio-based polypropylene (PP) market include Global Bioenergies SA, The Dow Chemical Company, Braskem S.A., Trellis Earth Products, Inc., and Biobent Polymers among others.

Market Segmentation

Market By Application

• Injection
• Textile
• Films
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA