Global Bio-Based Polypropylene (PP) Market – Industry Trends and Forecast to 2027

Market Overview
Bio-based polypropylene (PP) market will reach an estimated volume of 30.04 thousand tons by 2027, while registering this growth at a rate of 5.90% for the forecast period of 2020 to 2027. The growing acceptance of synthetic packaging solutions is likely to drive the growth of the bio-based polypropylene (PP) market in the above mentioned period.
Polypropylene is a polymer with a melting of about 165°C and its higher melting point makes it suitable for use in other plastic goods such as medical products and secure containers for dishwasher use. Bio- based polypropylene has similar features to synthetic polypropylene, but is produced from raw materials such as sugarcane, corn, and beet. They are widely used in applications such as textile, injections, films and others.
Growing demand for lightweight materials in several industry sectors and supportive regulatory and political environment, rising consumption of bio-plastics in the packaging industry, increasing automotive and packaging industry in the region are some of the factors expected to boost growth of the bio-based polypropylene (PP) market in the forecast period of 2020-2027. The rising demand for polypropylene from the automotive and construction sector will further create several opportunities that will lead to the growth of the bio-based polypropylene (PP) market in the above mentioned forecast period.
Increasing accessibility of substitute products such as bio-based PET and PLA may hinder the growth of the bio-based polypropylene (PP) market in the above mentioned period.

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