Global Bio-based polypropylene (PP) is a thermoplastic polymer that has been extracted from beet, corn, and sugarcane. PP has been produced by fermentation or from gasification and are stretchable, and lightweight. They are primarily being used in automobiles, medical devices, packaging, textiles and pipe systems. Further, bio-based polypropylene is being excreted and stretched to form biaxially oriented polypropylene (BOPP), which has more strength and better clarity, when it is compared with synthetic polypropylene. They are primarily being used in the packaging of food products like vegetables, and meats. High demand for advanced materials used in packaging food products due to lower emissions, and recyclable is also anticipated to benefit this. In addition, it can render the process of coating, printing, and laminating much easier.

Global Bio-Based Polypropylene (PP) Packaging Market Size showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx million over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.1% during the forecast period that is 2017-2025.

Global Bio-Based Polypropylene (PP) Packaging Market Size, Share Analysis By Region 2017

Market Dynamics

The Bio-Based Polypropylene (PP) Packaging Market is in the nascent stage and is growing at a significant pace. Bio based polypropylene has emerged as a substitute for synthetic polypropylene, due to various health hazards like headache, allergies, dizziness, or nausea have been associated with the production and use of synthetic polypropylene. The market is witnessing growth with the increasing need to reduce GHG emissions and growth of the bio plastics industry. In addition, with the growing regulatory initiatives for the reduction of GHG emissions like replacement of tinplate containers for Chocolate drink powder to Polypropylene (PP) Containers that reduces GHG emissions by 56.36% and rising promotion for the use of bio plastics are expected to have a positive impact across the industry. Rising adoption of sustainable packaging solutions due to the government policies for the safety of environment, growing environmental concerns and increasing public awareness led to the market growth during the forecast period. However, with the presence of various substitutes such as polylactic acid (PLA) and bio-based PET act as the hindrance for the market growth.

Segmentation Analysis

Bio-based polypropylene is becoming a preferred packaging solution for healthcare and food & beverages industry as this packaging material is fiber-free and is water and moisture resistant. The increasing demand for the bio-based packaging in food & beverage industry is the key driver for the market and is being widely adopted due to its high impact resistance, flexibility, good optical property, and low sealing threshold. Moreover, the availability of polypropylene at a reasonable price is another key factor for its increasing adaptability across various packaging industry.

Regional Analysis

The Global Bio-Based Polypropylene (PP) Packaging Market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Europe is dominating the market followed by the North America in terms of both production and demand.  The growth in North America region is due to the progressive regulations for bio-based polymers that are being implemented by the U.S. Environment Protection Agency (EPA). APAC is emerging as the potential market due to the growing demand of packaging in pharmaceutical industries. In addition, the Middle East and Africa regions are also likely to boost the demand for bio-based polypropylene due to the rising prices of petroleum-based chemicals due to a volatile crude oil market.

Global Bio-Based Polypropylene (PP) Packaging Market Study Objective

1. To forecast the market size of Bio-based polypropylene (PP) packaging market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of Bio-based polypropylene (PP) packaging market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of Bio-based polypropylene (PP) packaging market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of Bio-based polypropylene (PP) packaging market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the Bio-based polypropylene (PP) packaging market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of Bio-based polypropylene (PP) packaging market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of Bio-based polypropylene (PP) packaging market commercially.

Key Players Landscape

The market is highly fragmented due to the presence of various large, and small-scale vendors across the globe. The key players that offers the bio-based polypropylene packing globally include Global Bioenergies, Dow Chemicals, Braskem S.A., Trellis Earth Products, Inc., Biobent Polymers, and others.  For instance, in December, Bioenergies, a France based company has initiated the production of bio-based propylene with advanced process named direct fermentation. The players in the Bio-based polypropylene packaging market adopt various strategies include enhancement of new product, partnerships, mergers, agreements, and procurement to grow in the market. For instance, in April 2018, Braskem announce to expand the renewable plastics research with Boston operation. The Boston operation will further boost the innovations in Braskem's biotechnology and advanced-materials sectors. Thus, the players are continuously adopting new materials, and are focusing on developing products that reduces carbon footprints.

Global Bio-Based Polypropylene (PP) Packaging Market Study Report Offer You!

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