Expanding Bio-based Polypropylene Market to Showcase a Compound Annual Growth Rate (CAGR) of 26.5% till 2034
The global bio-based polypropylene (Bio-PP) market is set to experience substantial growth in the coming years, with a projected size of around USD 1.22 billion by 2034 [1]. This growth is underpinned by a compound annual growth rate (CAGR) of approximately 26.0% during the forecast period of 2025 to 2034 [1].
Bio-based polypropylene, a subset of the broader bioplastics market, is increasingly popular across industries such as packaging, automotive, textiles, and healthcare. This rising popularity is due to the focus on sustainability, stricter regulations on fossil-based plastics, and advancements in feedstock and production processes for bio-based polypropylene [1].
In 2024, North America led the market with a 43.2% share and generated USD 400 million in revenue. Sugarcane held a dominant market position, capturing more than 44.8% of the global Bio-PP market, while Sheet Extrusion and Melt Mass Polymerization each held over 48.3% and 38.1% respectively [2]. The packaging sector also held a dominant market position, capturing more than 39.7% of the global Bio-PP market [2].
Looking beyond North America, Asia Pacific accounted for 18.4% of the global Bio-PP market in 2024, with Europe accounting for 26.8% [2]. Meanwhile, Latin America accounted for 5.8% and the Middle East and Africa accounted for 5.0% of the global Bio-PP market in 2024 [2].
Notable players in the market include LyondellBasell, producing bio-based PP from renewable feedstocks like waste oils, and FKUR, exploring bio-based polypropylene alternatives through its Terralene portfolio [2]. Braskem, a leading name in the industry, is reducing greenhouse gas emissions with its "I'm green" bio-based PP, which captures CO2 during sugarcane growth [3].
Innovation is a key driver in the market, with companies like CITRONIQ developing bio-based and carbon-negative polypropylene using proprietary fermentation technology, and Mitsui Chemicals developing bio-based PP using biomass-derived feedstocks [3]. The U.S. Department of Energy has also allocated USD 13.4 million to develop next-generation plastics technologies [3].
Bio-based polypropylene is particularly suited for medical packaging, such as sterile containers and device trays, due to its biocompatibility and environmental benefits [3]. As the world continues to prioritize sustainability, the global bio-based polypropylene market is expected to continue its robust growth.
| Parameter | Value | |----------------------------|--------------------------------| | Projected Market Size 2034 | USD 1,223.5 million | | CAGR (2025-2034) | ~26.0% |
[1] Global Bio-based Polypropylene Market Report 2023
[2] Data from MarketsandMarkets Global Bio-based Polypropylene Market Report 2023
[3] Additional information sourced from various industry reports and company websites
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