Synthetic And Bio-based Polypropylene Market Summary

The global synthetic and bio-based polypropylene market size was valued at USD 99.4 million in 2023 and is projected to reach USD 178.8 million by 2030, growing at a CAGR of 8.8% from 2024 to 2030. The increasing awareness regarding the negative environmental impact of conventional plastics has significantly driven the demand for sustainable and renewable alternatives such as bio-based polypropylene. This polymer offers similar mechanical and chemical properties to traditional polypropylene while contributing to reduced greenhouse gas emissions and improved environmental sustainability. The market growth is further supported by growing industrial efforts to replace fossil-based materials with greener substitutes in various applications.

Consumers across the globe are becoming increasingly aware of their ecological footprint and are actively opting for environmentally friendly, recyclable, and biodegradable products. This transformation in consumer behavior has fueled the demand for bio-based polypropylene, which is derived from renewable raw materials like sugarcane, corn, and other forms of biomass. Furthermore, growing governmental initiatives, stricter environmental regulations, and corporate commitments toward carbon neutrality have played a crucial role in promoting the adoption of bio-based polypropylene. Industries such as packaging, automotive, textiles, and consumer goods are progressively integrating these materials to achieve sustainability goals and reduce dependence on non-renewable sources.

Key Market Trends & Insights

• Asia Pacific dominated the synthetic and bio-based polypropylene market with the largest revenue share of 39.6% in 2023. This dominance is attributed to the region’s robust industrial base, rapid urbanization, and increasing adoption of sustainable materials in major economies such as China, India, and Japan. Additionally, growing government support for bio-based materials production and the availability of raw materials further strengthen the region’s market position.
• North America synthetic and bio-based polypropylene market is anticipated to witness significant growth over the forecast period. This growth can be attributed to the rising investments in research and development, strong consumer awareness regarding sustainability, and increased utilization of eco-friendly polymers in packaging and automotive industries. The presence of key industry players focusing on product innovation and circular economy strategies is also expected to contribute to regional expansion.
• Based on application, injection molding dominated the market and accounted for a market revenue share of 48.4% in 2023. The segment’s leadership is primarily due to its widespread use in manufacturing automotive components, packaging materials, household products, and various industrial items. Injection molding processes provide high efficiency, precision, and material strength, making them ideal for producing durable and lightweight components from both synthetic and bio-based polypropylene.
• In terms of end use, the packaging segment accounted for the largest market revenue share in 2023. The rising global demand for flexible, lightweight, and eco-friendly packaging materials has significantly accelerated the adoption of bio-based polypropylene. The segment benefits from the growing trend of sustainable packaging in food and beverage, cosmetics, and consumer goods industries, where manufacturers are increasingly focusing on reducing plastic waste and promoting circular economy principles.

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Market Size & Forecast

• 2023 Market Size: USD 99.4 Million
• 2030 Projected Market Size: USD 178.8 Million
• CAGR (2024-2030): 8.8%
• Asia Pacific: Largest market in 2023
• UK: Fastest growing market

Key Companies & Market Share Insights

Some of the key companies in the synthetic and bio-based polypropylene market include Braskem, Dow Inc., Borealis AG, LyondellBasell Industries Holdings B.V., Total S.A., Trellis Bioplastics, BioAmber Inc. and NatureWorks LLC, Vendors in the market are focusing on increasing customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, and partnerships with other major companies. 

• Braskem offers a diverse range of products for various industrial and consumer applications. The company's portfolio includes traditional synthetic polypropylene derived from fossil fuels and bio-based polypropylene derived from renewable sources such as sugarcane.
• Borealis AG offers a wide range of polypropylene products tailored to the diverse needs of industries such as automotive, packaging, construction, and healthcare. Borealis provides advanced polymer technology and manufacturing capabilities to deliver innovative solutions that enhance product performance and efficiency for its customers worldwide.

Key Players

• Braskem
• Dow Inc.
• Borealis AG
• LyondellBasell Industries Holdings B.V.
• Total S.A.
• Trellis Bioplastics
• BioAmber Inc.
• NatureWorks LLC
• Danimer Scientific
• Novamont S.p.A.
• FKuR Kunststoff GmbH
• Corbion N.V.
• Biobent Polymers
• GreenMantra Technologies
• Mitsui Chemicals, Inc.
• PolyOne Corporation
• Ravago Manufacturing Americas
• PlastiComp, Inc.
• Toray Industries, Inc.
• Toyota Tsusho Corporation
• Zebra Medical Vision, Inc.

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Conclusion

The global synthetic and bio-based polypropylene market is expected to witness robust growth driven by rising environmental concerns, evolving consumer preferences, and government initiatives promoting sustainable materials. The shift toward renewable and biodegradable polymers is creating new opportunities across packaging, automotive, and industrial applications. With Asia Pacific leading production and consumption, and North America focusing on innovation and sustainability, the market is set for dynamic expansion. Continuous advancements in bio-based polymer technology, along with collaborations between manufacturers and research institutions, will play a vital role in shaping the future of this eco-friendly and high-performance material.