Biopolypropylene is a thermoplastic polymer commonly used in the packaging industry. Other uses include textiles, bottles, Rubik’s cube stickers, and even polymer banknotes. Because polypropylene shares many properties with polyethylene, they are commonly employed for similar uses. Polypropylene is especially resistant to fatigue, which is ideal for mobile plastic parts. Conventional polypropylene is made from petroleum in a process which results in large amounts of green house gases. However, an alternative process has been developed which allows for its synthesis from sugar cane.
Reduce of GHG emissions, growth of the bioplastics industry, rising preference of consumers for biodegradable products, the increasing demand for innovative packaging from MNCs are main factors contributing to the growth of market. North America is one of the prominent markets for bio-based polypropylene and this is largely owing to progressive regulations for bio-based polymers implemented by the U.S. EPA. Growth of automotive, construction, packaging, and electronics sectors in North America is likely to further drive the regional market over the forecast period.
In 2019, the market size of Bio Polypropylene is 34 million US$ and it will reach 50 million US$ in 2025, growing at a CAGR of 5.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bio Polypropylene.
This report studies the global market size of Bio Polypropylene, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Bio Polypropylene production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Braskem
Biobent Polymers
Global Bioenergies
Trellis Bioplastics
...
Market Segment by Product Type
Injection Molding
Textiles
Films
Market Segment by Application
Construction
Automotive
Packaging
Industrial
Electrical
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Bio Polypropylene status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Bio Polypropylene manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Bio Polypropylene are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Bio Polypropylene. Industry analysis & Market Report on Bio Polypropylene is a syndicated market report, published as Global (United States, European Union and China) Bio Polypropylene Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Bio Polypropylene market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.