Biobased Polypropylene (PP) Market Analysis

Biobased Polypropylene Market Analysis

Biobased PP market size from injection application should register over USD 20 million by 2022. It helps to manufacture injection formed parts for construction, automotive, packaging, industrial and electrical applications. Increasing use of light weighted material in automobile industry would boost product demand in injection applications. Also, countries including Malaysia, China, Brazil, Mexico and Thailand witness vehicle industry growth which have a positive influence on biobased polypropylene market size.
 

Biobased PP market size from films application should witness gains at over 4.5%. Increasing green packaging demand for medical and food & beverages application should drive the product demand. Biobased polypropylene film is stretched and extruded to form BOPP and used in packaging of fresh vegetables, snack foods and confectioneries due to its transparency and strength properties.
 

Biobased polypropylene market size from textile applications would foresee demand of above 1.5 kilo tons by 2022. Growing geotextiles demand due to its increasing scope in drainage and soil erosion applications, should drive biobased PP market demand.
 

North America, led by U.S. biobased PP market size, would exceed 6 kilo tons by 2022. Regulatory norms for light vehicle weight in U.S. and Canada due to their lightweight, high biomass content and low GHG emission during manufacturing would drive the regional industry growth.
 

Europe, led by France, Italy, UK and Germany biobased PP market size, should witness significant gains. Government norms regarding use of bioplastics should drive the product demand. Major automobiles players in Germany, France and UK would push product demand to include biobased content in vehicles.
 

Asia Pacific, led by Japan and China biobased PP market size, should witnesses below par industry growth due to presence of synthetic PP product demand.  Relaxed government norms in Asia Pacific towards bio derived products usage is expected to be responsible for low adoption rate.