Bio-based Polypropylene (PP) market Report: Trends, Forecast and Competitive Analysis to 2030

Bio-Based Polypropylene (Pp) Trends and Forecast

The future of the global Bio-based Polypropylene (PP) market looks promising with opportunities in the injections, films, and textile markets. The global Bio-based Polypropylene (PP) market is expected to reach an estimated $0.15 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are escalating presence of emerging markets, a surge in product innovation occurrences, and upward trend in strategic partnerships and alliances.

A more than 150-page report is developed to help in your business decisions.

Bio-Based Polypropylene (Pp) by Segment

The study includes a forecast for the global bio-based polypropylene (pp) by product, application, and region.

Bio-based Polypropylene (PP) market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Sugar
• Starch
• Lignocellulosic Biomass

Bio-based Polypropylene (PP) market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Injections
• Films
• Textile
• Others

Bio-based Polypropylene (PP) market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Bio-Based Polypropylene (Pp) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bio-based polypropylene (pp) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bio-based polypropylene (pp) companies profiled in this report include-

• Borealis
• Braskem
• Mitsui Chemicals
• Novamont
• LyondellBasell Industries Holdings
• NaturePlast
• Neste
• Global Bio-Energies
• Trellis Earth Products
• Biobent management sevices

Bio-based Polypropylene (PP) market Insights

Lucintel forecasts that sugar will remain the largest segment over the forecast period due to readily available and cost-effective.

Within this market, injections will remain the largest segment due to versatile material that can be used in a wide range of applications.

APAC is expected to witness highest growth over the forecast period due to rising demand for this region's Bio-based Polypropylene (PP) market.

Features of the Global Bio-based Polypropylene (PP) market

Market Size Estimates: Bio-based Polypropylene (PP) market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Bio-based Polypropylene (PP) market size by product, application, and region in terms of value ($B).

Regional Analysis: Bio-based Polypropylene (PP) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the Bio-based Polypropylene (PP) market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the Bio-based Polypropylene (PP) market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the Bio-based Polypropylene (PP) market size?

Answer: The global Bio-based Polypropylene (PP) market is expected to reach an estimated $0.15 billion by 2030.

Q2. What is the growth forecast for Bio-based Polypropylene (PP) market?

Answer: The global Bio-based Polypropylene (PP) market is expected to grow with a CAGR of 5.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the Bio-based Polypropylene (PP) market?

Answer: The major drivers for this market are escalating presence of emerging markets, a surge in product innovation occurrences and upward trend in strategic partnerships and alliances.

Q4. What are the major segments for Bio-based Polypropylene (PP) market?

Answer: The future of the Bio-based Polypropylene (PP) market looks promising with opportunities in the injections, films, and textile markets.

Q5. Who are the key Bio-based Polypropylene (PP) market companies?

Answer: Some of the key bio-based polypropylene (pp) companies are as follows.

• Borealis
• Braskem
• Mitsui Chemicals
• Novamont
• LyondellBasell Industries Holdings
• NaturePlast
• Neste
• Global Bio-Energies
• Trellis Earth Products
• Biobent management sevices

Q6. Which Bio-based Polypropylene (PP) market segment will be the largest in future?

Answer: Lucintel forecasts that sugar will remain the largest segment over the forecast period due to readily available and cost-effective.

Q7. In Bio-based Polypropylene (PP) market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rising demand for this region's Bio-based Polypropylene (PP) market.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the Bio-based Polypropylene (PP) market by product (sugar, starch, and lignocellulosic biomass), application (injections, films, textile, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?