The report provides a clear image of this Biobased Polypropylene Market scenario and so the expected method forward for the trade. The report focuses on the premise of market drivers, restraints, growth, trends, and forecast for the period of 2018-2025. In addition, the report collectively maps the market performance by value chain analysis which may facilitate in higher product differentiation besides the analysis of each innovate terms of size, share, market attractiveness index and rate of growth.
Biobased polypropylene (PP) is a thermoplastic polymer derived from natural sources like corn, sugarcane and beet. They are produced by either fermentation or gasification. Its properties are very similar to synthetic polypropylene, such as stretchable, lightweight, high melting point, good fatigue etc. It is used for production of items like injections, films and textiles. Hence, its end user industries include automobiles, medical devices, packaging, textiles and pipe systems. An innovative application of biobased polypropylene is in the production of biaxially oriented polypropylene (BOPP) films, which are used for packaging of convenience food.
Get FREE Sample Report Copy @ https://www.decisiondatabases.com/contact/download-sample-222
The leading product segments of the global biobased polypropylene market are injection, followed by textiles and then films. Automotive and textile industries are globally the biggest end-users of biobased polypropylene market. Environmental concerns regarding the production and usage of synthetic polypropylene have significantly promoted the growth of global biobased polypropylene market. Besides the rising prices of petroleum based feedstocks is encouraging a global shift from synthetic polypropylene to biobased polypropylene. However, the market is at its nascent stage, but the supportive policies of EPA (Environment Protection Agency) are helping the global biobased polypropylene market grow at a good pace.
PLA and PET are the current competitors of biobased polypropylene. In addition, the increased availability of shale gas, leading to reduction of petroleum based feedstock can have a negative impact on the growth of biobased polypropylene market. Europe leads the global biobased polypropylene (PP) market in terms of both demand and production followed by North America and Asia-Pacific.
Major player assessed in the report are:
– Dow Chemicals
– Global Bioenergies
– Biobent Polymers
– Chevron Phillips Chemical Company
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Table Of Contents – Overview
4.Biobased Polypropylene Market Analysis By Application
5.Biobased Polypropylene Market Analysis By Region
6.Competitive Landscape Of Biobased Polypropylene Companies
7.Company Profiles Of Biobased Polypropylene Industry
Buy Complete Global Biobased Polypropylene Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-222