バイオベースポリプロピレン市場の規模、シェア、成長分析 : 2024-2032年までの予測

Bio-based Polypropylene Market Size, Share, Growth and Global Industry Analysis

Bio-based Polypropylene Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

商品番号 : SMB-91447

出版社Fortune Business Insights
出版年月2025年5月
ページ数150
価格タイプシングルユーザライセンス
価格USD 4,850
種別英文調査報告書

バイオベースポリプロピレン市場の規模、シェア、成長、タイプと用途別の世界業界分析、地域別洞察、2024-2032年までの予測

世界のバイオベースポリプロピレン市場は、持続可能な包装、自動車の軽量化、そして循環型経済への取り組みへの世界的なシフトに牽引され、力強い成長を遂げています。Fortune Business Insightsによると、2020年の市場規模は4,080万米ドルに達し、主要な最終用途産業における環境に優しいポリマーの需要の急増により、今後大きな成長が見込まれています。

Growth Factors of Bio-based Polypropylene Market

The global bio-based polypropylene market is experiencing robust growth, driven by the global shift towards sustainable packaging, automotive lightweighting, and circular economy initiatives. According to Fortune Business Insights, the market size stood at USD 40.8 million in 2020 and is expected to witness significant momentum due to surging demand for eco-friendly polymers across key end-use industries.

Market Dynamics

The conventional polypropylene industry, although dominant in the plastic space, faces mounting pressure due to its environmental footprint. This has triggered a wave of investment and research in bio-based polypropylene, a renewable alternative derived from biomass feedstocks like sugarcane, corn, and vegetable oils. Bio-based polypropylene replicates the performance characteristics of fossil-based polypropylene but offers a drastically lower carbon footprint.

One of the primary drivers of market growth is the packaging sector. With leading FMCG companies pledging to eliminate plastic waste and transition to biodegradable packaging, the demand for bio-based polypropylene is rising. Additionally, the automotive sector is integrating this polymer into interior and exterior components to reduce vehicle weight and enhance fuel efficiency without compromising structural integrity.

Government support is also propelling the market. Various initiatives promoting bioplastics, including tax incentives and mandates on single-use plastic reductions, have created fertile ground for bio-based polypropylene to scale. The European Union, in particular, has been a frontrunner in bio-economy strategies, giving an added push to manufacturers in this domain.

Technological Innovations and Cost Competitiveness

While bio-based polypropylene is not yet cost-competitive with its petroleum-based counterpart, advances in biotechnology and chemical conversion methods are gradually narrowing the price gap. Recent investments in fermentation technologies and improved catalytic processes have made the production more efficient and scalable.

Companies such as Braskem and Trellis Earth Products are investing in next-gen production technologies, partnering with agricultural firms and research institutions to secure biomass feedstock and improve conversion yields. The development of drop-in biopolymers—materials that can seamlessly integrate into existing plastic processing infrastructure—is further enhancing adoption across packaging and automotive sectors.

Regional Insights

Europe dominates the market with a significant share due to favorable regulatory frameworks, a strong focus on sustainability, and active R&D in bioplastics. Countries such as Germany, France, and the Netherlands are investing heavily in bio-based material innovation and production capacities.

North America is following closely, with increased demand from the automotive and food packaging industries. The presence of key automotive OEMs, especially in the U.S., is driving bio-based polypropylene consumption in the region.

Asia Pacific is expected to emerge as a high-growth region, supported by rising consumer awareness, government incentives in countries like Japan and South Korea, and increasing investments in biopolymer infrastructure in China and India.

Key Players and Strategic Developments

Leading players in the market include Braskem, Mitsui Chemicals, SABIC, LyondellBasell, Biobent Polymers, and FKuR Kunststoff GmbH. These companies are actively focusing on strategic collaborations, joint ventures, and capacity expansions to strengthen their market presence.

For instance, Braskem continues to expand its bio-based polypropylene production using sugarcane-derived ethanol as a feedstock. Similarly, Mitsui Chemicals has invested in integrating renewable materials into its existing polypropylene production lines, targeting automotive and consumer goods manufacturers.

M&A activities and product innovation remain central to competitive strategy. Companies are aiming to develop bio-based polypropylene grades with enhanced heat resistance, chemical compatibility, and mechanical strength to cater to high-performance applications.

Future Outlook

The market outlook remains optimistic as sustainability becomes a core component of global manufacturing and consumer behavior. Bio-based polypropylene is expected to play a crucial role in reducing dependency on fossil fuels, mitigating plastic pollution, and supporting the transition to a circular economy.

However, challenges such as high production costs, feedstock availability, and limited infrastructure for composting and recycling of bioplastics remain barriers to large-scale adoption. Addressing these gaps through policy support, R&D funding, and cross-industry partnerships will be essential to unlocking the full potential of bio-based polypropylene.

ATTRIBUTE        DETAILS

Study Period          2019-2032

Base Year               2023

Estimated Year      2024

Forecast Period     2024-2032

Historical Year      2019-2022

CAGR (2024-2032)              CAGR of 39.9% from 2024-2032

Unit        Volume (Kiloton); Value (USD Million)

Segmentation

By Application

  • Building & Construction
  • Automotive
  • Consumer Goods
  • Packaging
  • Others

By Region

  • North America (By Application, and by Country)

o               U.S. (By Application)

o               Canada (By Application)

  • Europe (By Application, and by Country)

o               Germany (By Application)

o               France (By Application)

o               U.K. (By Application)

o               Italy (By Application)

o               Rest of Europe (By Application)

  • Asia Pacific (By Application, and by Country)

o               China (By Application)

o               India (By Application)

o               Japan (By Application)

o               Rest of Asia Pacific (By Application)

  • Rest of the World (By Application, and by Country)

o               Brazil (By Application)

o               Rest of World (By Application)

LIST OF KEY COMPANIES IN BIO-BASED POLYPROPYLENE MARKET

Joint Ventures and Capacity Expansion are the Key Strategic Initiatives Implemented by the Companies

Key players operating in the industry are Mitsui Chemicals, Inc., LyondellBasell Industries Holdings B.V., and Neste Oyj. Companies are adopting strategies such as distribution enhancement, new product development, and collaboration to gain competitive edge in the global market. For example, Neste produces wide range of renewable products that enable customers to reduce climate emissions. The company is a major producer of renewable diesel refined from waste and residues. The company has collaborated with many major plastic producing companies such as IKEA, Borealis, Braskem, and Henkel. Neste provides refined waste & residues to these companies to help them to produce environment friendly products.

LIST OF KEY COMPANIES PROFILED

  • Mitsui Chemicals, Inc. (Japan)
  • LyondellBasell Industries Holdings B.V. (The Netherlands)
  • NaturePlast (France)
  • Neste Oyj (Finland)
  • Borealis AG. (Austria)
  • Braskem (U.S.)

Table of Contents

1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
4.3. Latest Technological Advancement
4.4. Insights on Sustainability
4.5. Porters Five Forces Analysis
4.6. Impact of Covid-19
5. Global Bio-Based Polypropylene Market Analysis, Insights and Forecast, By Application, 2019-2032
5.1. Key Findings / Summary
5.2. By Application (Volume/Value)
5.2.1. Building & Construction
5.2.2. Automotive
5.2.3. Consumer Goods
5.2.4. Packging
5.2.5. Others
5.3. By Region (Volume/Value)
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Rest of the World
6. North America Bio-Based Polypropylene Market Analysis, Insights and Forecast, 2019-2032
6.1. Key Findings / Summary
6.2. By Application (Volume/Value)
6.2.1. Building & Construction
6.2.2. Automotive
6.2.3. Consumer Goods
6.2.4. Packging
6.2.5. Others
6.3. By Country (Volume/Value)
6.3.1. U.S.
6.3.1.1. By Application (Volume/Value)
6.3.1.1.1. Building & Construction
6.3.1.1.2. Automotive
6.3.1.1.3. Consumer Goods
6.3.1.1.4. Packging
6.3.1.1.5. Others
6.3.2. Canada
6.3.2.1. By Application (Volume/Value)
6.3.2.1.1. Building & Construction
6.3.2.1.2. Automotive
6.3.2.1.3. Consumer Goods
6.3.2.1.4. Packging
6.3.2.1.5. Others
7. Europe Bio-Based Polypropylene Market Analysis, Insights and Forecast, 2019-2032
7.1. Key Findings / Summary
7.2. By Application (Volume/Value)
7.2.1. Building & Construction
7.2.2. Automotive
7.2.3. Consumer Goods
7.2.4. Packging
7.2.5. Others
7.3. By Country (Volume/Value)
7.3.1. France
7.3.1.1. By Application (Volume/Value)
7.3.1.1.1. Building & Construction
7.3.1.1.2. Automotive
7.3.1.1.3. Consumer Goods
7.3.1.1.4. Packging
7.3.1.1.5. Others
7.3.2. Germany
7.3.2.1. By Application (Volume/Value)
7.3.2.1.1. Building & Construction
7.3.2.1.2. Automotive
7.3.2.1.3. Consumer Goods
7.3.2.1.4. Packging
7.3.2.1.5. Others
7.3.3. U.K.
7.3.3.1. By Application (Volume/Value)
7.3.3.1.1. Building & Construction
7.3.3.1.2. Automotive
7.3.3.1.3. Consumer Goods
7.3.3.1.4. Packging
7.3.3.1.5. Others
7.3.4. Italy
7.3.4.1. By Application (Volume/Value)
7.3.4.1.1. Building & Construction
7.3.4.1.2. Automotive
7.3.4.1.3. Consumer Goods
7.3.4.1.4. Packging
7.3.4.1.5. Others
7.3.5. Rest of Europe
7.3.5.1. By Application (Volume/Value)
7.3.5.1.1. Building & Construction
7.3.5.1.2. Automotive
7.3.5.1.3. Consumer Goods
7.3.5.1.4. Packging
7.3.5.1.5. Others
8. Asia-Pacific Bio-Based Polypropylene Market Analysis, Insights and Forecast, 2019-2032
8.1. Key Findings / Summary
8.2. By Application (Volume/Value)
8.2.1. Building & Construction
8.2.2. Automotive
8.2.3. Consumer Goods
8.2.4. Packging
8.2.5. Others
8.3. By Country (Volume/Value)
8.3.1. China
8.3.1.1. By Application (Volume/Value)
8.3.1.1.1. Building & Construction
8.3.1.1.2. Automotive
8.3.1.1.3. Consumer Goods
8.3.1.1.4. Packging
8.3.1.1.5. Others
8.3.2. India
8.3.2.1. By Application (Volume/Value)
8.3.2.1.1. Building & Construction
8.3.2.1.2. Automotive
8.3.2.1.3. Consumer Goods
8.3.2.1.4. Packging
8.3.2.1.5. Others
8.3.3. Japan
8.3.3.1. By Application (Volume/Value)
8.3.3.1.1. Building & Construction
8.3.3.1.2. Automotive
8.3.3.1.3. Consumer Goods
8.3.3.1.4. Packging
8.3.3.1.5. Others
8.3.4. Rest of Asia Pacific
8.3.4.1. By Application (Volume/Value)
8.3.4.1.1. Building & Construction
8.3.4.1.2. Automotive
8.3.4.1.3. Consumer Goods
8.3.4.1.4. Packging
8.3.4.1.5. Others
9. Rest of the World Bio-Based Polypropylene Market Analysis, Insights and Forecast, 2019-2032
9.1. Key Findings / Summary
9.2. By Application (Volume/Value)
9.2.1. Building & Construction
9.2.2. Automotive
9.2.3. Consumer Goods
9.2.4. Packging
9.2.5. Others
9.3. By Country (Volume/Value)
9.3.1. Brazil
9.3.1.1. By Application (Volume/Value)
9.3.1.1.1. Building & Construction
9.3.1.1.2. Automotive
9.3.1.1.3. Consumer Goods
9.3.1.1.4. Packging
9.3.1.1.5. Others
9.3.2. Rest of Rest of the World
9.3.2.1. By Application (Volume/Value)
9.3.2.1.1. Building & Construction
9.3.2.1.2. Automotive
9.3.2.1.3. Consumer Goods
9.3.2.1.4. Packging
9.3.2.1.5. Others
10. Competitive Landscape
10.1. Company Market Share/Ranking Analysis, 2023
10.2. Company Profiles
10.2.1. Mitsui Chemicals, Inc.
10.2.1.1. Overview
10.2.1.2. Description
10.2.1.3. Product Portfolio
10.2.1.4. Financials (Data as available in public domain and/or on paid databases)
10.2.1.5. Recent Developments
10.2.2. LyondellBasell Industries Holdings B.V.
10.2.2.1. Overview
10.2.2.2. Description
10.2.2.3. Product Portfolio
10.2.2.4. Financials (Data as available in public domain and/or on paid databases)
10.2.2.5. Recent Developments
10.2.3. NaturePlast
10.2.3.1. Overview
10.2.3.2. Description
10.2.3.3. Product Portfolio
10.2.3.4. Financials (Data as available in public domain and/or on paid databases)
10.2.3.5. Recent Developments
10.2.4. Neste Oyj
10.2.4.1. Overview
10.2.4.2. Description
10.2.4.3. Product Portfolio
10.2.4.4. Financials (Data as available in public domain and/or on paid databases)
10.2.4.5. Recent Developments
10.2.5. Borealis AG.
10.2.5.1. Overview
10.2.5.2. Description
10.2.5.3. Product Portfolio
10.2.5.4. Financials (Data as available in public domain and/or on paid databases)
10.2.5.5. Recent Developments
10.2.6. Braskem
10.2.6.1. Overview
10.2.6.2. Description
10.2.6.3. Product Portfolio
10.2.6.4. Financials (Data as available in public domain and/or on paid databases)
10.2.6.5. Recent Developments
11. Strategic Recommendations