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 and Qatar Petrochemical Company.
Decision Databases is involved in providing research reports and company profiles in the global biobased polypropylene (PP) market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The biobased polypropylene (PP) market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our biobased polypropylene (PP) profiles.
CUSTOMIZATION OF REPORT:
1. INTRODUCTION TO THE BIOBASED POLYPROPYLENE (PP) MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF BIOBASED POLYPROPYLENE (PP)
4. BIOBASED POLYPROPYLENE (PP) MARKET ANALYSIS BY APPLICATION
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