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Market Overview:
The Bio-Based Polypropylene Market size is estimated to reach $515 Million by 2031, growing at a CAGR of 18.6% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled, “Bio-Based Polypropylene Market – By Feedstock (Sugarcane, Corn, Vegetable Oil, Others), By Processing Technology (Fermentation, Gasification, Others), By Grade (Homopolymer, Random Copolymer, Impact Copolymer), By Application (Injection Molding, Film & Sheet, Fibers, Extrusion, Others), By End Use Industry (Packaging, Automotive, Textiles, Healthcare, Electronics, Construction, Consumer Goods, Others), By Geography - Opportunity Analysis & Industry Forecast, 2025-2031”
The growing preference for sustainable and eco-friendly materials is driving demand for bio-based polypropylene. Government regulations on plastic waste and carbon emissions are pushing industries toward eco-friendly alternatives. Its expanding use in packaging and consumer goods is boosting market growth. Rising demand from the automotive sector is further accelerating adoption.
Europe Dominated the Market in 2024:
Europe leads the bio-based polypropylene market due to its strict packaging and environmental regulations. The EU Packaging and Packaging Waste Directive (PPWD) amendment promotes waste prevention, reuse, and recycling over disposal. It sets ambitious targets, requiring 50% of plastic packaging to be recycled by 2025 and 55% by 2030. In addition, the European Commission adopted a REACH restriction on microplastics intentionally added to products and proposed a law to prevent plastic pellet losses, aiming for a 30% reduction in microplastic releases by 2030. These policies drive industries toward bio-based polypropylene as a sustainable alternative, ensuring Europe's dominance in the market.
Bio-Based Polypropylene Market: Key Takeaways
Stringent government regulations:
The bio-based polypropylene market receives strong market impetus from government regulations regarding plastic waste and carbon emissions because nations establish more rigorous pollution control measures. The state of California enforced SB 1053 during September 2024 to prohibit plastic bags at supermarket checkout points thus minimizing both landfill waste and microplastic contamination. Nigeria introduced a national plastic ban through its June 2024 announcement which will become effective in January 2025 as part of its strategy to address its 2.5 million tonnes yearly plastic waste. The implementation of these environmental policies drives industries toward bio-based polypropylene adoption because they must meet new regulatory requirements.
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Expanding applications in packaging and consumer goods:
The bio-based polypropylene market experiences growth because industries are actively searching for sustainable plastic alternatives for packaging and consumer goods applications. Braskem America launched bio-circular polypropylene (PP) under the brand name WENEW in September 2024 with its production source based on used cooking oil (UCO). The ISCC Plus-certified mass-balanced material demonstrates identical performance characteristics to conventional PP and reduces oil dependence. Bio-circular PP finds its application in food packaging as well as flexible films and consumer goods through its adoption among quick-service restaurants and retail food suppliers and snack food companies. The growing emphasis on sustainability and circularity within business operations drives industries to adopt bio-based polypropylene as an environmentally friendly polypropylene variant which is propelling its market adoption.
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Recent Developments:
• In September 2024, Citroniq secured $12 million in Series A funding to support its first bio-based polypropylene (PP) plant in Nebraska. Lummus Technology backed the investment, reinforcing their partnership to scale bio-PP production and cut carbon emissions in the plastics industry.
• In September 2024, Braskem introduced bio-polypropylene (bio-PP) derived from used cooking oil (UCO). Launched under the WENEW brand, the product targets Quick Service Restaurants (QSRs) and snack food industries.
Bio-Based Polypropylene Market: Competitive Landscape
Key companies profiled in the Bio-Based Polypropylene Market are Braskem S.A., LyondellBasell Industries Holdings B.V., Neste Oyj, Saudi Basic Industries Corporation (SABIC), PACCOR Packaging GmbH, FKuR Kunststoff GmbH, NaturePlast SAS, Mitsui Chemicals, Inc., Borealis AG, Iwatani Corporation. and others.
Related Reports:
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Biodegradable Packaging Market - Biodegradable Packaging Market Size is forecast to reach $ 7,85,432.10 Million by 2030, at a CAGR of 6.20% during forecast period 2024-2030. Key drivers include increasing consumer awareness of packaging waste, government mandates for sustainable packaging, and innovations in biodegradable materials.
Bio Plasticizer Market- Bio Plasticizer market size is forecast to reach US$5.1 billion by 2030, after growing at a CAGR of 9.4% during 2024-2030. The market is driven by the demand for eco-friendly plasticizers, health concerns over conventional plasticizers, government regulations, and the shift towards renewable materials.
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IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.
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