Lucintel Forecasts the Global Bio-Based Polypropylene (PP) Market to Reach $1 Billion by 2030
Lucintel Forecasts the Global Bio-Based Polypropylene (PP) Market to Reach $1 Billion by 2030
Blog Article
According to a market report by Lucintel, 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 $1 billion by 2030 at 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.
A more than 150-page report to understand trends, opportunity and forecast in global bio-based Polypropylene (PP) market to 2030 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).
Lucintel 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 regions Bio-based Polypropylene (PP) market.
Borealis, Braskem, Mitsui Chemicals, Novamont, LyondellBasell Industries Holdings, NaturePlast, Neste, Global Bio-Energies, Trellis Earth Products, Biobent management sevices are the major suppliers in the bio-based Polypropylene (PP) market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056