Product Code: 978-1-68038-317-1
Bio-based Polypropylene Market Growth & Trends:
The global bio-based polypropylene market size is expected to reach USD 391.6 million by 2030 at a CAGR of 18.2%, according to a new report by Grand View Research, Inc. Rise in demand for bio-based polypropylene can be attributed to focus on sustainable plastics in the food and beverage industry.
Bio-based polypropylene is anticipated to register higher penetration in the automotive industry due to heightening need to reduce overall weight of automobiles. Multiple political and government initiatives are being undertaken for the reduction of greenhouse gas (GHG) emissions and carbon footprint. In addition, major automobile manufacturers are focused on deploying materials that increase fuel efficiency of automobiles, which is expected to drive market growth over the forecast period.
This industry benefits from the presence of several regulations promoting the use of low-weight materials across applications. In addition, the adoption of international concords including the Kyoto and Montreal protocols will propel the use of bio-based polymers for various applications. However, dwindling raw material availability is expected to pose a major threat to industry growth over the coming years.
Bio-based Polypropylene Market Report Highlights:
- By application, The injection molding segment accounted for the largest revenue share of 53.4% in 2023 in terms of revenue. This can be attributed to increased usage in the production of components in automotive, building and construction, and electrical and electronics industries
- The Europe bio-based polypropylene market accounted for a revenue share of 44.1% in 2023. This is majorly due to usage in various application industries supported by regulatory agencies such as the European Commission
- Key players in the bio-based polypropylene market use several patented production techniques and constantly strive for discovery of new products. As a result, R&D investments are high in this industry.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Bio-based Polypropylene Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Bioplastics Market Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.4. Technology Overview
- 3.5. Impact of Circular Economy
- 3.6. Average Price Trend Analysis, 2018 to 2030 (USD/kg)
- 3.6.1. Key Factors Influencing Pricing
- 3.7. Supply-Demand GAP Analysis, 2023
- 3.8. Regulatory Framework
- 3.8.1. Policies and Incentive Plans
- 3.8.2. Standards and Compliances
- 3.9. Market Dynamics
- 3.9.1. Market Driver Analysis
- 3.9.2. Market Restraint Analysis
- 3.9.3. Industry Challenges
- 3.10. Porter's Five Forces Analysis
- 3.10.1. Supplier Power
- 3.10.2. Buyer Power
- 3.10.3. Substitution Threat
- 3.10.4. Threat from New Entrant
- 3.10.5. Competitive Rivalry
- 3.11. PESTEL Analysis
- 3.11.1. Political Landscape
- 3.11.2. Economic Landscape
- 3.11.3. Social Landscape
- 3.11.4. Technological Landscape
- 3.11.5. Environmental Landscape
- 3.11.6. Legal Landscape
- 3.12. Looming Inflation Concerns and Economic Slowdown and Their Impact on Bio-based Polypropylene Market
Chapter 4. Bio-based Polypropylene Market: Application Outlook Estimates & Forecasts
- 4.1. Bio-based Polypropylene Market: End-Use Movement Analysis, 2023 & 2030
- 4.2. Injection Molding
- 4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.3. Textiles
- 4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.4. Films
- 4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.5. Others
- 4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Bio-based Polypropylene Market Regional Outlook Estimates & Forecasts
- 5.1. Regional Snapshot
- 5.2. Bio-based Polypropylene Market: Regional Movement Analysis, 2023 & 2030
- 5.3. North America
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.3.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.3.3. U.S.
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.3.3.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.3.4. Canada
- 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.3.4.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.3.5. Mexico
- 5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.3.5.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.4. Europe
- 5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.4.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.4.3. Germany
- 5.4.3.1. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.4.4. France
- 5.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.4.4.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.4.5. UK
- 5.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.4.5.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.4.6. Italy
- 5.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.4.6.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.5. Asia Pacific
- 5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.1.1. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.2. China
- 5.5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.2.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.3. India
- 5.5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.3.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.4. Japan
- 5.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.4.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.5. Australia
- 5.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.5.5.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.6. Central & South America
- 5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.6.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.6.3. Brazil
- 5.6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.6.3.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.7. Middle East & Africa
- 5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.7.1.1. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 5.7.2. Saudi Arabia
- 5.7.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.7.2.2. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Vendor Landscape
- 6.2.1. Company categorization
- 6.2.2. List of Key Distributors and channel Partners
- 6.2.3. List of Potential Customers/End-users
- 6.3. Competitive Dynamics
- 6.3.1. Company Market Share Analysis & Market Positioning
- 6.3.2. Competitive Benchmarking
- 6.3.3. Strategy Mapping
- 6.3.4. Heat Map Analysis
- 6.4. Company Profiles/Listing
- 6.4.1. Participant's overview
- 6.4.2. Financial performance
- 6.4.3. Product benchmarking
- 6.4.3.1. Braskem
- 6.4.3.2. Biobent Polymers
- 6.4.3.3. SABIC
- 6.4.3.4. LyondellBasell Industries Holdings B.V.
- 6.4.3.5. NaturePlast
- 6.4.3.6. Prime Polymer Co., Ltd.
- 6.4.3.7. FKuR
- 6.4.3.8. CITRONIQ, LLC.
- 6.4.3.9. BiologiQ, Inc.
- 6.4.3.10. Trellis Bioplastics