(MENAFN- PR Newswire)
DELRAY BEACH, Fla. , Jan. 30, 2025 /PRNewswire/ -- The report "Bio-polypropylene market by Source (Edible and Non Edible Oil, Starch), End-Use industry (Construction, Automotive, Consumer Goods, Packaging), Application (Injection Molding, Textiles, Films), & Region - Global Forecast to 2029" , size is expected to reach USD 1,16,028 Thousand in 2029 from USD 32,480 Thousand in 2024, at a CAGR of 29.0% from 2024 to 2029.
Browse in-depth TOC on "Bio-polypropylene Market".
120 – Tables
60 – Figures
200 – Pages
Download PDF Brochure:
A number of interactive factors are leading to the increasing use of bio-polypropylene and this trend is expected to continue in the future. As environmental consciousness grows and market trends lean toward sustainability, consumers and businesses are increasingly looking for the environmentally conscious version of the traditional plastic. Bio-polypropylene produced with sustainable feedstocks such as corn or sugarcane featuring carbon footprint reduction and biodegradability has begun to be highly desired by environmentally-minded consumers. Furthermore, the proliferation of plastic pollution and the rising government regulation to restrict plastic pollution and promote bio-based substitutes are prompting industry to use bio-based options. This has been extended by technological development which enhances the characteristics of bio-polypropylene along with its corresponding performance, to gain competitiveness over conventional polypropylene both in performance and cost effectiveness. The rise in market demands for critical industries, particularly from the packaging and automotive industry, for lightweight and sustainable materials is significantly boosting market growth.
Flims application segment is anticipated to be the largest segment in bio-polypropylene market during the forecasted period in terms of value.
The bio-polypropylene market is segmented based on application i.e. Injection molding, textiles, films and other application. The films segment is the driving force in the bio-polypropylene market due to its wide spread application in packaging fields, especially in food and beverages. Its high barrier properties, weightlessness, and biodegradability facilitate the adoption of the material for environmentally friendly packaging applications, leading to a high current demand in this field. The films segment is leading the bio-polypropylene market owing to its wider application in packaging processes, mainly in the food and beverage industries. Bio-polypropylenes' good barrier property, lightweightness, and biodegradability enable it to be a solution to sustainable packaging, so it exponentially increases demand in that market. Moreover, the rising consumer demand for eco-friendly products and the growing plastic waste regulations are also pushing the use of the bio-polypropylene films. With the aim of strengthening their sustainability profiles, companies in the film segment are forecasted to remain the market leader, due to innovations in production technologies that enhance the performance and capabilities of bio-polypropylene across applications.
Request Sample Pages:
Starch source is expected to have highest CAGR during forecasting period in terms of value.
Starch-based bio-polypropylene is anticipated to demonstrate the highest CAGR in the bio-polypropylene market due to its alignment with the growing consumer demand for eco-friendly and easy-to-decompose materials. With increasing environmental pressures, there is a major trend toward eco-friendly packaging in many different sectors including food and beverages, cosmetics, and pharmaceuticals. Starch-based bio-polypropylene provides a biodegradable solution fulfilling these sustainability requirements while also offering the necessary properties such as moisture resistance, which are crucial to maintain the product quality. Further advances in manufacturing technologies have also ensured feasibility and affordability of producing starch-based bioplastic and hence, have increased their attractiveness to manufacturers. Support for regulatory use of biodegradables consolidates demand, as governments enact regulations to cut down plastic waste. The broad application range of starch-based bio-polypropylene lends itself to use in a range of applications, which makes starch-based bio-polypropylene a choice of interest to industry seeking to improve their sustainability profile.
Asia Pacific region is expected to register highest CAGR both in terms of value and volume during forecasted period
The bio-polypropylene market has been studied in North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. Asia Pacific is currently undergoing a period of accelerated economic expansion, that is, in the case of, China and India, which is creating a considerable market for bio-based materials in several sectors such as automotive, packaging, and construction. Consumer and business awareness of the environmental sustainability are increasing, resulting in a trend toward eco-friendly materials. This tendency is corroborated by the use of bio-degradable plastic use made by the government, as well as the stringent regulations imposed on conventional plastics, generating an encouraging climate for bio-polypropylene implementations.
Request Customization:
Key players
Prominent companies include Braskem (Brazil), Lyondellbasell Industries N.V. (Netherlands), Mitsui Chemicals, Inc (Japan), FKuR (Germany), CITRONIQ, LLC (US), Borealis AG. (Austria), SABIC (Saudi Arabia), TotalEnergies (France), Borouge (UAE), Beaulieu International group (Belgium), INEOS (United Kingdom), Orlen Group (Poland), Iwatani Corporation (Japan), Mitsubishi Chemical Group Corporation (Japan), Avient Corporation (US) and among others.
Get access to the latest updates on Bio-Polypropylene Companies and Bio-Polypropylene Market Size
Browse Adjacent Market: Green Bio Chemicals Market Research Reports & Consulting
Related Reports:
Bioplastics & Biopolymers Market - Global Forecast To 2029
Biodegradable Plastics Market - Global Forecast To 2029
HDPE Pipes Market - Global Forecast To 2029
Graphene Market Share - Global Forecast to 2029
Paper Bags Market Size - Global Forecast to 2029
Aerogel Companies - Market Leaders in Aerogel Market
Doors & Windows Market Share - Global Forecast To 20 29
About MarketsandMarketsTM
MarketsandMarketsTM has been recognized as one of America's best management consulting firms by Forbes , as per their recent report.
MarketsandMarketsTM is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStoreTM (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit TM or follow us on Twitter , LinkedIn and Facebook .
Contact:
Mr. Rohan Salgarkar
MarketsandMarketsTM INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website:
Logo:
SOURCE MarketsandMarkets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
GET STARTED
MENAFN30012025003732001241ID1109148230