The global bio-polypropylene market reached a value of US$ 39 Million in 2020. Bio-polypropylene is a polymer made from natural materials which include corn, sugar cane, vegetable oil, and other bio-masses. The properties of bio-polypropylene and synthetic polypropylene are similar. Bio-polypropylene, also known as PP, is a thermostatic polymer which has found its application in injection molding, textiles, film, packaging industry, bottles, Rubik’s Cube stickers, polymer banknotes, etc. The conventional polypropylene is made from petroleum and results in emission of large amount of greenhouse gases. However, bio-polypropylene is developed from sugar cane and other natural materials and are an eco-friendlier option compared to the conventional ones. Bio-polypropylenes have a higher melting point which also makes them eligible to be used in various plastic products such as medical apparatuses and dishwasher safe containers. They are preferred for their strength, durability, and resistance to heat and stiffness.
A major factor driving the demand of bio-polypropylene is the fact that Injection molded parts made from this polymer are light in weight. This has resulted in the automotive sector being a major driver of this polymer. A rising trend of adopting biopolymers to reduce the overall weight of the automobiles coupled with efforts to minimize carbon emission is driving the demand of bio-polypropylene in this sector. For instance, General Motors is using bio-polypropylene in the Cadillac DeVille for seatbacks and in the Chevrolet Impala for trim and shelving. Similarly, Ford is using bio-polypropylene for interior storage bins in the Ford Flex and for the loadfloor in the Focus BEV. Apart from the automobile industry, bio-polypropylene also finds its applications in textiles, films, food packaging, etc. This is also expected to catalyze its demand in the forecast period. Looking forward, IMARC Group expects the global bio-polypropylene market to exhibit moderate growth during the next five years.
This report provides a deep insight into the global bio-polypropylene market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the bio-polypropylene market in any manner.
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