The global synthetic and bio based polypropylene market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for biodegradable plastics in various applications such as packaging, food containers, and disposable cups. Polypropylene is one of the most widely used plastics in packaging due to its low cost and high strength properties. The growing demand for biodegradable plastics from various end-use industries such as automotive, construction, healthcare & medical devices, electronics & electricals will drive the growth of this market during the forecast period. The global synthetic and bio based polypropylene market has been segmented on the basis of type into isotactic polypropylene (IPP), random polypropylene (RP), metatactic polypropylene (MPP) and on application into textile, injection molding films applications respectively. North America dominated this market with a share of over 40% in 2017 owing to high adoption rates for plastic products in various end-use industries such as automotive industry which accounted for over 50% share in 2017 followed by construction industry which accounted for around 30%. Asia Pacific region is expected to witness fastest growth rate during forecast period owing to increasing demand from emerging economies such as China and India coupled with rapid industrialization across these countries coupled with rising disposable incomes among consumers are driving up consumption levels across these regions.
Some Of The Growth Factors Of This Market:
- Polypropylene is used in various applications such as food packaging, medical devices, automotive parts and construction materials among others which are expected to drive its demand over the forecast period.
- Polypropylene has high resistance against corrosion and abrasion which makes it an ideal material for use in various applications such as automotive parts and construction materials among others which are expected to drive its demand over the forecast period.
Industry Growth Insights published a new data on “Synthetic and Bio Based Polypropylene Market”. The research report is titled “Synthetic and Bio Based Polypropylene Market research by Types (Isotactic Polypropylene, Random Polypropylene, Metatactic Polypropylene), By Applications (Textile, Injection Molding, Film Applications, Others), By Players/Companies Qatar Petrochemical, Japan Polypropylene, ExxonMobil, Braskem, LyondellBasell Industries, Sinopec, Bayer Material Science, DuPont, PetroChina Company, SABIC, Reliance Industries, Washington Penn Plastic, Chevron Phillips Chemical, BASF, INEOS, Fulton Pacific”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic and Bio Based Polypropylene Market Research Report
By Type
Isotactic Polypropylene, Random Polypropylene, Metatactic Polypropylene
By Application
Textile, Injection Molding, Film Applications, Others
By Companies
Qatar Petrochemical, Japan Polypropylene, ExxonMobil, Braskem, LyondellBasell Industries, Sinopec, Bayer Material Science, DuPont, PetroChina Company, SABIC, Reliance Industries, Washington Penn Plastic, Chevron Phillips Chemical, BASF, INEOS, Fulton Pacific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic and Bio Based Polypropylene Market Report Segments:
The global Synthetic and Bio Based Polypropylene market is segmented on the basis of:
Types
Isotactic Polypropylene, Random Polypropylene, Metatactic Polypropylene
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Textile, Injection Molding, Film Applications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Qatar Petrochemical
- Japan Polypropylene
- ExxonMobil
- Braskem
- LyondellBasell Industries
- Sinopec
- Bayer Material Science
- DuPont
- PetroChina Company
- SABIC
- Reliance Industries
- Washington Penn Plastic
- Chevron Phillips Chemical
- BASF
- INEOS
- Fulton Pacific
Highlights of The Synthetic and Bio Based Polypropylene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Isotactic Polypropylene
- Random Polypropylene
- Metatactic Polypropylene
- By Application:
- Textile
- Injection Molding
- Film Applications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synthetic and Bio Based Polypropylene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synthetic polypropylene is a man-made polymer that is made from petroleum. Bio based polypropylene is made from plant materials.
Some of the key players operating in the synthetic and bio based polypropylene market are Qatar Petrochemical, Japan Polypropylene, ExxonMobil, Braskem, LyondellBasell Industries, Sinopec, Bayer Material Science, DuPont, PetroChina Company, SABIC, Reliance Industries, Washington Penn Plastic, Chevron Phillips Chemical, BASF, INEOS, Fulton Pacific.
The synthetic and bio based polypropylene market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Synthetic and Bio Based Polypropylene Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Synthetic and Bio Based Polypropylene Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Synthetic and Bio Based Polypropylene Market - Supply Chain
4.5. Global Synthetic and Bio Based Polypropylene Market Forecast
4.5.1. Synthetic and Bio Based Polypropylene Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Synthetic and Bio Based Polypropylene Market Size (000 Units) and Y-o-Y Growth
4.5.3. Synthetic and Bio Based Polypropylene Market Absolute $ Opportunity
5. Global Synthetic and Bio Based Polypropylene Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Type
5.3.1. Isotactic Polypropylene
5.3.2. Random Polypropylene
5.3.3. Metatactic Polypropylene
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Synthetic and Bio Based Polypropylene Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Application
6.3.1. Textile
6.3.2. Injection Molding
6.3.3. Film Applications
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Synthetic and Bio Based Polypropylene Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Synthetic and Bio Based Polypropylene Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Synthetic and Bio Based Polypropylene Demand Share Forecast, 2019-2026
9. North America Synthetic and Bio Based Polypropylene Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Application
9.4.1. Textile
9.4.2. Injection Molding
9.4.3. Film Applications
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Type
9.7.1. Isotactic Polypropylene
9.7.2. Random Polypropylene
9.7.3. Metatactic Polypropylene
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Synthetic and Bio Based Polypropylene Demand Share Forecast, 2019-2026
10. Latin America Synthetic and Bio Based Polypropylene Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Application
10.4.1. Textile
10.4.2. Injection Molding
10.4.3. Film Applications
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Type
10.7.1. Isotactic Polypropylene
10.7.2. Random Polypropylene
10.7.3. Metatactic Polypropylene
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Synthetic and Bio Based Polypropylene Demand Share Forecast, 2019-2026
11. Europe Synthetic and Bio Based Polypropylene Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Application
11.4.1. Textile
11.4.2. Injection Molding
11.4.3. Film Applications
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Type
11.7.1. Isotactic Polypropylene
11.7.2. Random Polypropylene
11.7.3. Metatactic Polypropylene
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Synthetic and Bio Based Polypropylene Demand Share, 2019-2026
12. Asia Pacific Synthetic and Bio Based Polypropylene Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Application
12.4.1. Textile
12.4.2. Injection Molding
12.4.3. Film Applications
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Type
12.7.1. Isotactic Polypropylene
12.7.2. Random Polypropylene
12.7.3. Metatactic Polypropylene
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Synthetic and Bio Based Polypropylene Demand Share, 2019-2026
13. Middle East & Africa Synthetic and Bio Based Polypropylene Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Application
13.4.1. Textile
13.4.2. Injection Molding
13.4.3. Film Applications
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Synthetic and Bio Based Polypropylene Market Size and Volume Forecast by Type
13.7.1. Isotactic Polypropylene
13.7.2. Random Polypropylene
13.7.3. Metatactic Polypropylene
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Synthetic and Bio Based Polypropylene Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Synthetic and Bio Based Polypropylene Market: Market Share Analysis
14.2. Synthetic and Bio Based Polypropylene Distributors and Customers
14.3. Synthetic and Bio Based Polypropylene Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Qatar Petrochemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Japan Polypropylene
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ExxonMobil
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Braskem
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LyondellBasell Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sinopec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bayer Material Science
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DuPont
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PetroChina Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SABIC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Reliance Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Washington Penn Plastic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Chevron Phillips Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BASF
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. INEOS
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fulton Pacific
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook