Global Bio-Based Polypropylene (PP) Market, By Product Type (Sugars, Starch and Lignocellulosic Biomass), Application (Injections, Films, Textile and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Bio-Based Polypropylene (PP) Market
Bio-based polypropylene (PP) market will reach an estimated volume of 30.04 thousand tons by 2027, while registering this growth at a rate of 5.90% for the forecast period of 2020 to 2027. The growing acceptance of synthetic packaging solutions is likely to drive the growth of the bio-based polypropylene (PP) market in the above mentioned period.
Polypropylene is a polymer with a melting of about 165°C and its higher melting point makes it suitable for use in other plastic goods such as medical products and secure containers for dishwasher use. Bio- based polypropylene has similar features to synthetic polypropylene, but is produced from raw materials such as sugarcane, corn, and beet. They are widely used in applications such as textile, injections, films and others.
Growing demand for lightweight materials in several industry sectors and supportive regulatory and political environment, rising consumption of bio-plastics in the packaging industry, increasing automotive and packaging industry in the region are some of the factors expected to boost growth of the bio-based polypropylene (PP) market in the forecast period of 2020-2027. The rising demand for polypropylene from the automotive and construction sector will further create several opportunities that will lead to the growth of the bio-based polypropylene (PP) market in the above mentioned forecast period.
Increasing accessibility of substitute products such as bio-based PET and PLA may hinder the growth of the bio-based polypropylene (PP) market in the above mentioned period.
This bio-based polypropylene (PP) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on bio-based polypropylene (PP) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Bio-Based Polypropylene (PP) Market Scope and Market Size
Bio-based polypropylene (PP) market is segmented on the basis of product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the bio-based polypropylene (PP) market is segmented into sugars, starch and lignocellulosic biomass.
- On the basis of application, the bio-based polypropylene (PP) market is segmented into injections, films, textile and others. Others are further segmented into bottles, automobile parts, and polymer banknotes.
Bio-Based Polypropylene (PP) Market Country Level Analysis
Bio-based polypropylene (PP) market is analysed and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the bio-based polypropylene (PP) market due to growing cost of petroleum-based chemicals because of the changing price of crude oil.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bio-Based Polypropylene (PP) Market Share Analysis
Bio-based polypropylene (PP) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bio-based polypropylene (PP) market.
The major players covered in the bio-based polypropylene (PP) market report are Dow, Washington Penn Plastic Co., Inc., Braskem, Solvay S.A., Biobent Polymers, FKuR Kunststoff GmbH, LyondellBasell Industries Holdings, China Petrochemical Corporation, Exxon Mobil Corporation, INEOS, SABIC, Mitsui Chemicals and Global Bioenergies among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Bio-Based Polypropylene (PP) Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.