Bio-based Poly Propylene (PP)
Market
Bio-based Poly Propylene (PP) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Bio-based Poly Propylene (PP) Market Size and Growth
The Bio-based Polypropylene (PP) market is experiencing significant growth due to increasing sustainable practices and environmental regulations. The current market size is estimated at approximately USD 1 billion, with projections indicating a compound annual growth rate (CAGR) of 15% over the next five years, driven by demand in packaging and automotive sectors.
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Companies Covered
(Covid 19 Impact Covered)
◍ Dow Chemicals
◍ Braskem S.A.
◍ Trellis Earth Products, Inc.
◍ Biobent Polymers
◍ Global Bioenergies
The bio-based polypropylene market features companies like Dow Chemicals, Braskem S.A., Trellis Earth Products, Biobent Polymers, and Global Bioenergies. These firms innovate in sustainable materials, boosting market growth through eco-friendly production and applications. Notable sales revenues include Braskem’s $13 billion and Dow’s $55 billion in annual sales.
Market Segmentation
By Application
Medical Devices
Pipe Systems
Textile
Films
Automobiles
Others
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By Product
Corn
Sugarcane
Beet
Market Growth
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$ X Billion USD
