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Biobased Polypropylene Market Share
Global biobased PP market share is at nascent stage with maximum companies focusing on raw material development. Some companies operating in this industry are:
In 2015, Trellis Earth Products conquered the biobased PP market and in 2014, the company acquired Cereplast for about USD 2.6 million. This acquisition helped Trellis strengthening its foothold in product distribution in the U.S. market. The company has its manufacturing units at Indiana, Seymour and distributes the product under ‘Biopropylene’ brand name.