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

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5930693

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.

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

The publisher 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: The publisher 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,the publisher 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?


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Table of Contents

1. Executive Summary
2. Global Bio-based Polypropylene (PP) market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Bio-based Polypropylene (PP) market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Bio-based Polypropylene (PP) market by Product
3.3.1: Sugar
3.3.2: Starch
3.3.3: Lignocellulosic Biomass
3.4: Global Bio-based Polypropylene (PP) market by Application
3.4.1: Injections
3.4.2: Films
3.4.3: Textile
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Bio-based Polypropylene (PP) market by Region
4.2: North American Bio-based Polypropylene (PP) market
4.2.1: North American Bio-based Polypropylene (PP) market by Application: Injections, Films, Textile, and Others
4.3: European Bio-based Polypropylene (PP) market
4.3.1: European Bio-based Polypropylene (PP) market by Product: Sugar, Starch, and Lignocellulosic Biomass
4.3.2: European Bio-based Polypropylene (PP) market by Application: Injections, Films, Textile, and Others
4.4: APAC Bio-based Polypropylene (PP) market
4.4.1: APAC Bio-based Polypropylene (PP) market by Product: Sugar, Starch, and Lignocellulosic Biomass
4.4.2: APAC Bio-based Polypropylene (PP) market by Application: Injections, Films, Textile, and Others
4.5: ROW Bio-based Polypropylene (PP) market
4.5.1: ROW Bio-based Polypropylene (PP) market by Product: Sugar, Starch, and Lignocellulosic Biomass
4.5.2: ROW Bio-based Polypropylene (PP) market by Application: Injections, Films, Textile, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Bio-based Polypropylene (PP) market by Product
6.1.2: Growth Opportunities for the Global Bio-based Polypropylene (PP) market by Application
6.1.3: Growth Opportunities for the Global Bio-based Polypropylene (PP) market by Region
6.2: Emerging Trends in the Global Bio-based Polypropylene (PP) market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Bio-based Polypropylene (PP) market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Bio-based Polypropylene (PP) market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Borealis
7.2: Braskem
7.3: Mitsui Chemicals
7.4: Novamont
7.5: LyondellBasell Industries Holdings
7.6: NaturePlast
7.7: Neste
7.8: Global Bio-Energies
7.9: Trellis Earth Products
7.10: Biobent management sevices

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Borealis
  • Braskem
  • Mitsui Chemicals
  • Novamont
  • LyondellBasell Industries Holdings
  • NaturePlast
  • Neste

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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