Bio-based Polypropylene Market Size Worth $ 577.34 Million By 2032 | CAGR: 18.8%

The global bio-based polypropylene market size is expected to reach USD 577.34 million by 2032, according to a new study by Polaris Market Research. The report “Bio-based Polypropylene Market Share, Size, Trends, Industry Analysis Report, By Source (Sugars, Starch, Lignocellulosic Biomass); By Application; By End-user; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing preference for sustainable food products over conventional options is propelling the adoption of bio-based polypropylene in the food packaging industry, especially in packaging dairy products. More industries are embracing sustainable raw materials in their production activities, particularly in construction, automotive, and electronics, driven by mounting concerns about environmental pollution. This positive trend is expected to significantly boost the demand for bio-based polypropylene in the coming years, marking a significant step towards a greener future.

With its unique properties such as cost-effectiveness, recyclability, and lightweight, bio-based polypropylene is poised to revolutionize automotive manufacturing. The growing demand for lower-weight and more sustainable vehicles is expected to drive its utility further, painting a promising future for this innovative material.

Furthermore, the increasing collaborative frameworks in the industry are not just about business partnerships but about a collective effort towards sustainability. For instance, in March 2024, Shell Chemicals and Braskem joined forces to supply bio-circular & bio-attributed propylene-based feedstocks. This strategic move is expected to enhance Braskem's ability to produce sustainable polypropylene in the United States, contributing to the global shift towards eco-friendly materials.

The ongoing research and development activities by the key market players in the production of bio-based polypropylene are likely to impact market growth positively. For instance, in January 2023, Braskem, a polyolefins manufacturer, announced the introduction of a new project to monitor investments in the production of bio-based carbon-negative polypropylene in the United States.

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Furthermore, the significant surge in the adoption of sustainable plastic in automotive and industrial applications is boosting the need for sustainable plastics, including bio-based polypropylene. For instance, in April 2024, Eppendorf unveiled bio-based PCR plates to promote sustainability in laboratories. Moreover, the growing awareness about the available polypropylene products will further propel their demand. For instance, in January 2024, Avient Corporation announced the introduction of its bio-based polypropylene portfolio at the European trade show Pharmapack 2024.

Bio-based Polypropylene Market Report Highlights

• Lignocellulosic biomass segment is anticipated to witness the highest growth in the coming years due to its affordability and abundance.
• Injection segment accounted for the largest market share owing to the growing incorporation of automotive interiors.
• The automotive segment is projected to experience a larger revenue share due to the growing demand for sustainable automobiles.
• APAC is projected to register the fastest growth during the forecast period, attributable to the increasing demand for e-vehicles.
• The global players include BioAmber, Biobent Polymers, Borealis AG, Braskem, Corbion, Danimer Scientific, Dow, FKUR Kunststoff, & GreenMantra Technologies.

Polaris Market Research has segmented the bio-based polypropylene market report based on source, application, end-user, and region:

Bio-based Polypropylene, Source Outlook (Revenue - USD Million, 2019 - 2032)

• Sugars
• Starch
• Lignocellulosic Biomass

Bio-based Polypropylene, Application Outlook (Revenue - USD Million, 2019 - 2032)

• Injection
• Textile
• Films
• Others

Bio-based Polypropylene, End User Outlook (Revenue - USD Million, 2019 - 2032)

• Automotive
• Electronics
• Construction
• Industrial Applications
• Others

Bio-based Polypropylene, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Bio-based Polypropylene Market Report Scope