DUBLIN--(BUSINESS WIRE)--The "Bio-based Polypropylene (PP) Market Analysis By Application (Injection, Textile, Films), By Region (North America, Europe, Asia Pacific, Rest of the World), And Segment Forecasts, 2014 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global bio-based polypropylene market is expected to reach USD 50.7 million by 2025 at a CAGR of 5.1%
Rise in demand for bio-based polypropylene can be attributed to focus on sustainable plastics in the food and beverage industry.
Bio-based polypropylene is anticipated to register higher penetration in the automotive industry due to heightening need to reduce overall weight of automobiles. Multiple political and government initiatives are being undertaken for the reduction of greenhouse gas (GHG) emissions and carbon footprint. In addition, major automobile manufacturers are focused on deploying materials that increase fuel efficiency of automobiles, which is expected to drive market growth over the forecast period.
This industry benefits from the presence of several regulations promoting the use of low-weight materials across applications. In addition, the adoption of international concords including the Kyoto and Montreal protocols will propel the use of bio-based polymers for various applications. However, dwindling raw material availability is expected to pose a major threat to industry growth over the coming years.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Bio-Based Polypropylene Market Variables, Trends & Scope
Chapter 4. Bio-Based Polypropylene Market: Application Estimates & Trend Analysis
Chapter 5. Bio-Based Polypropylene Market: Regional Estimates & Trend Analysis
Chapter 6. Competitive Landscape
Chapter 7. Company Profiles
- Global Bioenergies SA
- The Dow Chemical Company
- Braskem S.A.
- Trellis Earth Products Inc.
For more information about this report visit https://www.researchandmarkets.com/research/ls734s/global_biobased?w=4