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Bio-polypropylene Market

Bio-polypropylene Companies - Braskem (Brazil) and Lyondellbasell Industries N.V. (Netherlands) are Leading Players in the Bio-polypropylene Market

The bio-polypropylene market was USD 32,480 thousand in 2024 and is projected to reach USD 1,16,028 thousand by 2029, at a CAGR of 29.0% between 2024 and 2029. Bio-polypropylene is a thermoplastic polymer made from biological resources like vegetable oils and biomass, making it an alternative to conventionally derived polypropylene. This polymer has many of the same properties as conventional polypropylene, such as resistance to fatigue and functionalizes in applications. Since environmental problems of fossil fuels-based plastics are increasing, there is a need for bio-based substitutes such as bio-polypropylene that grows along.

Bio-polypropylene Companies

The major players active in the bio-polypropylene market are based in Europe, Asia Pacific, and North America region. Braskem (Brazil), Lyondellbasell Industries N.V. (Netherlands),  Mitsui Chemicals, Inc. (Japan), FKuR (Germany), CITRONIQ, LLC. (US), Borealis AG. (Austria), SABIC (Saudi Arabia), TotalEnergies (France), Borouge (UAE), Beaulieu International group (Belgium), INEOS (United Kingdom), Orlen Group(Poland), Iwatani Corporation (Japan), Mitsubishi Chemical Group Corporation (Japan), Avient Corporation (US).  are among a few leading players operating in the bio-polypropylene market.

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Many of the key players have been implementing various growth strategies to solidify their global market presence along with their position in competitive market. These strategies encompass product launches, partnerships, contracts, mergers and acquisitions, and new product development activities, all aimed at enhancing their presence in the bio-polypropylene market.

Braskem (Brazil)

Braskem is one of the companies from the Brazilian petrochemical sector, which performs a wide range of activities in the fields of polyethylene, polypropylene, and PVC. The company has strong international presence and has industrial plants in Brazil, the US, Mexico, Europe and Asia and is actively engaged in the production process of bio-circular polypropylene with the aim of sustainability by the utilisation of source-material of renewable origin. The company emphasizes innovation and technology to improve product offerings and minimize its environmental impact. Braskem's bio-polypropylene is produced from sugarcane, thereby contributing to reduction of greenhouse gas emissions as opposed to conventional polypropylene. This agrees with the increasing need for sustainable materials in different fields, such as packaging, automotive and consumer market.

Lyondellbasell Industries N.V. (Netherlands)

LyondellBasell Industries N.V. is one of the large chemical companies leading in plastics, petrochemicals, and basic chemicals production, polyethylene and polypropylene market. It operates in North America, Europe, Asia, and the Middle East, having a strong manufacturing base that supports the full range of market requirements. LyondellBasell Industries N.V.  is also one of the main producers of fuel ethers with environmental quality advantage. Harmonizing with sustainable practice, the company is exploring bio-polypropylene production, which is currently based on renewable resources. This research is in accordance with LyondellBasell Industries N.V.  vision of promoting the circular economy and the increasing demand of sustainable materials in different market areas such as packaging, automotive and consumer. Through innovation and investment in advanced technologies, LyondellBasell Industries N.V.  aims to enhance its product offerings while promoting environmental responsibility.

Mitsui Chemicals, Inc.  (Japan)

Mitsui Chemicals, Inc. is one of the major Japanese chemical producers with its businesses covering Life Healthcare Solutions, Mobility Solutions, ICT Solutions and Basic Green Materials. These portions include samples of specialty chemicals, elastomers, composite materials, semiconductor materials, and green chemicals to support multiple industries including health care and automobile industries. Mitsui Chemicals, Inc. has extensive international operations supported by regional headquarters in China, Germany, the US and Singapore. This worldwide network underpins its 20 country operations and employs almost 20,000 people worldwide. The company has multiple manufacturing sites in Japan such as Ichihara Works and Osaka Works, which allow it to produce at a large scale. Promoting sustainability in bio-polypropylene, Mitsui Chemicals, Inc. is actively involved in materials development. The company is specialized in, and producing, bio-based polymers that allow for both lowering the environmental footprint and maintaining high performance.

Related Reports:

Bio-polypropylene Market by Source (Edible and Non Edible Oil, Starch), End-Use Industry (Construction, Automotive, Consumer Goods, Packaging), Application (Injection Molding, Textiles, Films), & Region - Global Forecast to 2029

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Bio-polypropylene Market Size,  Share & Growth Report
Report Code
CH 9281
RI Published ON
1/30/2025
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