Press release
Bio-Based Polypropylene Market 2018-2024 with Top Key Players (Braskem S.A., Biobent Polymers, Dow Chemicals, Global Bioenergies), Global Analysis and Competitive Strategies
The main objective of this report is to define, describe, and forecast the global “Bio-Based Polypropylene” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to the report, the global bio-based polypropylene market is projected to grow at a CAGR of 5.3% over the forecast period of 2018-2024.Download Sample Copy of Bio-Based Polypropylene Market @ https://www.infiniumglobalresearch.com/reports/sample-request/1872
IKEA and Neste confirm large-scale production of renewable, bio-based polypropylene plastic.
In Jan 2018- IKEA has collaborated with Neste Corporation to utilize renewable residue and waste raw materials in the production of plastic products. It will be the first large-scale production of renewable, bio-based polypropylene plastic globally. IKEA is a Swedish-founded multinational group that designs and sells ready-to-assemble furniture, kitchen appliances, and home accessories and other useful products that tries to create a positive impact on people and the planet while growing the business, which includes using more renewable and recycled materials and explores new materials for IKEA products.
The pilot at a commercial scale of PP and PE plastic, chosen to contain 20 percent renewable content, will start during fall 2018. The production of bio-based plastics will be based on Neste’s 100 percent renewable hydrocarbons. IKEA will use the new plastic in products that are part of the current product range, such as plastic storage boxes, starting with a limited number of products. As capacities improve, more products will follow.
“The production of bio-based plastics at a commercial scale is a major achievement in the cooperation between Neste and IKEA, while it also marks a significant milestone in Neste’s strategy. IKEA is the first company to benefit from the developed supply capability that helps companies and brand owners towards replacing fossil-based raw materials with sustainable bio-based raw materials,” said Senior Vice President Tuomas Hyyryläinen from Neste’s Emerging Businesses business unit.
Rising Demand for Degradable and Light-Weight Bio-Based Materials in Packaging and Automobile Industry to Drive the Bio-Based Polypropylene Market
The rising demand for degradable and light-weight bio-based materials in packaging and automobile industry are the major drivers for the growth of the bio-based polypropylene market. The need to reduce the weight of vehicles will drive the growth of bio-polypropylene in the automotive industry. Furthermore, several companies are adopting bio-based raw materials instead of fossil-based raw materials for the production of biodegradable plastic products to reduce the emission of greenhouse gases that will propel the growth of bio-based polypropylene market. However, the use of sugarcane and vegetable crops creates pressure on the food supply and the presence of cost-effective synthetic polymers hinders the growth of bio-based polypropylene. Moreover, the rise in technological innovations in the field of biotechnology and bio-based products for reducing the dependence on fossil raw materials will create an opportunity for the growth of bio-based polypropylene.
Buy Bio-Based Polypropylene Market Research Report @ https://www.infiniumglobalresearch.com/reports/purchase/1872
North America region to hold the dominant position in the bio-based propylene market
Geographically, North America region holds the dominant position in the bio-based propylene market owing to the growth of the automobile industry in this region. Europe is a leading market owing to an increase in regulations to control non-degradable plastic usage. Asia-Pacific is the fastest growing market and is expected to dominate the bio-based propylene market owing to the rise in the automotive industry in this region. The need to reduce the weight of vehicles will drive the growth of bio-polypropylene in Asia-Pacific region.
About Us
Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.
Contact Us:
Infinium Global Research
Tel: +1-800-638-0796
Email: info@infiniumglobalresearch.com
Website: https://www.infiniumglobalresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bio-Based Polypropylene Market 2018-2024 with Top Key Players (Braskem S.A., Biobent Polymers, Dow Chemicals, Global Bioenergies), Global Analysis and Competitive Strategies here
News-ID: 1565477 • Views: …
More Releases from Infinium Global Research

Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: …
Infinium Global Research, a prominent market research firm, has released an in-depth report providing a comprehensive analysis of the Global Aircraft Tyre Market. The report dives into segments and sub-segments, highlighting both global trends and regional insights that significantly impact this dynamic industry.
To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1058
Steady Market Growth
The global aircraft tyre market, valued at USD 1634.41 million in 2022, is anticipated to surge to…

Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2 …
Infinium Global Research, a leading research firm, has published an extensive report providing a detailed analysis of the Global Automotive Interior Leather Market. The report offers comprehensive insights into segments and sub-segments, highlighting both global trends and regional dynamics shaping this thriving industry.
To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1266
Steady Market Growth
The global automotive interior leather market, valued at USD 30.82 billion in 2022, is projected to skyrocket…

Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Bi …
Infinium Global Research, a leading authority in market analysis, has released an extensive report offering a deep dive into the Global Automatic Car Wash Market. The report presents an in-depth analysis of segments and sub-segments, shedding light on both global trends and regional dynamics impacting this burgeoning industry.
To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1295
Robust Market Growth
The automatic car wash market, valued at USD 4.04 billion…

Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at …
Infinium Global Research, a leading market research firm, has released an expansive report offering an in-depth analysis of the Global Automotive Logistics Market. The report delves into crucial segments and sub-segments, shedding light on both global and regional dynamics impacting this intricate industry.
The comprehensive study reveals the profound impact of drivers, restraints, and macro indicators on the automotive logistics market. Providing a comprehensive outlook, the report highlights evolving trends, forecasts,…
More Releases for Polypropylene
Polypropylene Market: Technological Advances and Market Evolution in Polypropyle …
Polypropylene Market Description :
This comprehensive study delves into the latest revenue and market trends within the "Polypropylene Market". It emphasizes an overview, definition, and structural analysis while focusing on proactive and pre-planned management approaches. This report hones in on pivotal factors influencing the Polypropylene Market, such as gross margin, costs, market share, capacity utilization, and supply, enabling a nuanced evaluation of its future potential in the coming years. By presenting…
Polypropylene and Polypropylene Composites Market 2023 Size, Share, Industry, Fo …
The Polypropylene and Polypropylene Composites Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Polypropylene and Polypropylene Composites market. This report explores all the key factors affecting the growth of the global…
Polypropylene and Polypropylene Composites Market Size, Share | Growth - 2030
Exclusive Report by Ameco Research: Polypropylene and Polypropylene Composites Market Size Projected to Reach USD 115 Billion by 2030, Growing at 8.20% CAGR
Ameco Research is proud to announce the launch of its latest market research report, Polypropylene and Polypropylene Composites Market. This comprehensive report provides in-depth analysis and insights into the current market trends and future projections in the Industry/Market Segment. Ameco Research has been at the forefront of…
Global Polypropylene and Polypropylene Composites Market Research Trends Analysi …
The polypropylene and polypropylene composites market is estimated to grow at a compound annual growth rate of 8.80% for the forecast period of 2023 to 2032.
Propene is polymerized to produce polypropylene and polypropylene composites. It is the most adaptable and versatile fibre with a variety of uses. It is transformed into fibres for textiles, carpets, garments, and bed sheets, among other things, as well as a film for packaging and…
Polypropylene Foam Market: Information by Type (Expanded Polypropylene (EPP) Foa …
Polypropylene foam — a lightweight thermoplastic made from polypropylene resin — exhibits superior properties, such as a high coefficient of friction, low density, stability across a wide temperature range, outstanding breathability, flexibility, and a buoyant nature. These favorable characteristics drive its adoption in the automotive, packaging, consumer durables, and construction industries, over counterparts such as polyethylene and polystyrene foams in applications.
The rising demand for lightweight automobiles, the development and growth…
Polypropylene and Polypropylene Composites Market with Development Factors, Inve …
According to a new report published by Allied Market Research, titled, Global Polypropylene and Polypropylene Composites Market for Injection Molding by Product, Fiber Type, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global polypropylene and polypropylene composites market for injection molding was valued at $54,703 million in 2016, and is projected to reach $78,381 million by 2023, growing at a CAGR of 5.1% from 2017 to 2023. The…