The bio-based propylene market reached a volume of about 19,500 kiloton in 2021. The market is expected to record an estimated CAGR of over 20% during the forecast period (2022-2027).



The impact of COVID-19 has been negative, but the market is expected to register steady growth during the forecast period.



Key Highlights


  • The major factors driving the market are the rising environmental concerns regarding the usage of conventional plastics and the increasing replacement of fossil-based feedstock with renewable materials.

  • On the flip side, the high cost of bio-based materials is hindering the market’s growth.

  • Increasing incentives by the governments promoting the usage of bio-based materials are expected to provide new opportunities for the market.



Bio-based Polypropylene Market Trends



Growing Demand from Injection Molding Application Segment




  • Due to its high melting point, good fatigue properties, heat, and chemical resistivity, bio-based polypropylene is used in various injection molding applications in packaging, automotive, electronics, and medical industries. It is also eco-friendly.

  • The demand for bio-based polypropylene in packaging applications, such as wrapping organic food and premium and branded products with particular requirements, has been rising steadily.

  • Moreover, governments worldwide have been promoting bioplastics packaging in the context of various policies for innovation, resource efficiency, and climate change.

  • According to the injection mold specialist SFA Packaging, from Middelharnis, at present, the majority of the foods come in an injection mold packaging made of polypropylene.

  • Owing to environmental concerns, an increasing number of consumers and manufacturers are preferring eco-friendly packaging options.



Europe to Dominate the Market




  • Europe holds a strong position as a major hub for the bio-based polypropylene industry, with about 50% of the market share. It ranks high in R&D in this industry.

  • Government regulations in most European countries regarding the usage of bio-degradable plastics, including bio-based polypropylene, have been stringent. The government is continuously pushing the usage of eco-friendly products.

  • Bio-based polypropylenes are majorly used in the packaging industry. Europe is one of the leading consumers in the packaging industry and has been developing various packaging segments.

  • Additionally, the popularity of the e-commerce segment and the growing retail market have given a huge growth opportunity to the bio-based polypropylene market in the region through the years.

  • Overall, such factors are expected to drive the market for bio-based polypropylene in Europe in the coming years.



Bio-based Polypropylene Market Competitor Analysis



The bio-based polypropylene market is partially consolidated, with the major players dominating a significant portion of the market. Some of the companies operating in the market (in no particular order) are Borealis AG, Braskem, Mitsui Chemicals Inc., SABIC, and LyondellBasell Industries Holdings BV.



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