The report on the Global Biobased Polypropylene (PP) Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Biobased polypropylene (PP) is a thermoplastic polymer derived from natural sources like corn, sugarcane and beet. They are produced by either fermentation or gasification. Its properties are very similar to synthetic polypropylene, such as stretchable, lightweight, high melting point, good fatigue etc. It is used for production of items like injections, films and textiles. Hence, its end user industries include automobiles, medical devices, packaging, textiles and pipe systems. An innovative application of biobased polypropylene is in the production of biaxially oriented polypropylene (BOPP) films, which are used for packaging of convenience food.
The leading product segments of the global biobased polypropylene market are injection, followed by textiles and then films. Automotive and textile industries are globally the biggest end-users of biobased polypropylene market. Environmental concerns regarding the production and usage of synthetic polypropylene have significantly promoted the growth of global biobased polypropylene market. Besides the rising prices of petroleum based feedstocks is encouraging a global shift from synthetic polypropylene to biobased polypropylene. However, the market is at its nascent stage, but the supportive policies of EPA (Environment Protection Agency) are helping the global biobased polypropylene market grow at a good pace.
PLA and PET are the current competitors of biobased polypropylene. In addition, the increased availability of shale gas, leading to reduction of petroleum based feedstock can have a negative impact on the growth of biobased polypropylene market. Europe leads the global biobased polypropylene (PP) market in terms of both demand and production followed by North America and Asia-Pacific.
The key players in global biobased polypropylene(PP) market include:
- Trellis Earth Products, Inc
- Amyris
- BioAmber
- Braskem
- NatureWorks
- Dow Chemicals
- Global Bioenergies
- Biobent Polymers
- Chevron Phillips Chemical Company
- Japan Polypropylene Corporation
- Reliance Industries Limited
- BASF
- Sinopec
- Borealis AG
- ExxonMobil
- DuPont
- LyondellBasell Industries
- SABIC
- Bayer Material Science
- Fulton Pacific
- INEOS
- Total S.A.
- Washington Penn Plastic Company Inc.
- PetroChina Company Limited
- Qatar Petrochemical Company
SEGMENTATIONS IN REPORT:
Biobased Polypropylene (PP) By Application
- Injection
- Textile
- Films
- Others
Biobased Polypropylene (PP) By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Biobased Polypropylene (PP) Market has been exhibited in detail in the following chapters -
Chapter 1 Biobased Polypropylene (PP) Market Preface
Chapter 2 Executive Summary
Chapter 3 Biobased Polypropylene (PP) Industry Analysis
Chapter 4 Biobased Polypropylene (PP) Market Value Chain Analysis
Chapter 5 Biobased Polypropylene (PP) Market Analysis By Application
Chapter 6 Biobased Polypropylene (PP) Market Analysis By Geography
Chapter 7 Competitive Landscape Of Biobased Polypropylene (PP) Companies
Chapter 8 Company Profiles Of Biobased Polypropylene (PP) Industry