Biobased Polypropylene Market to worth USD 40 Million by 2022 - PowerPoint PPT Presentation

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Biobased Polypropylene Market to worth USD 40 Million by 2022

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Title: Biobased Polypropylene Market to worth USD 40 Million by 2022


1
Biobased Polypropylene Market to worth USD 40
Million by 2022 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Biobased Polypropylene Market
  • Growing light weight plastic demand to improve
    automobile fuel efficiency and thereby decreasing
    overall weight should drive industry growth.
  • PLA bio PET is used as substitute product along
    with shale gas production from hydraulic
    fracturing can hinder industry growth.
  • Bio PP market size from injection applications
    should register highest gains to register above
    USD 20 million at the end of forecast period.
    Increasing usage of injection molded parts in
    packaging, automotive, electronics, and
    construction applications may fuel product
    demand.
  • Europe bio PP market size, led by increasing
    product adoption in Germany, UK, and France,
    should register over 6 gains by 2022.

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Continued...
  • Growth in geotextiles demand owing to increasing
    applications scope in soil erosion drainage
    applications should favor demand. North America,
    driven by U.S. bio PP market size, may witness
    significant gains.
  • It is used in vegetable, confectionery, and snack
    foods packaging due to its strength and
    transparency properties. Increasing consumer
    awareness towards green packaging solutions for
    food beverages and medical industry should
    drive biobased polypropylene market size from
    films applications.
  • Recently, FkuR Kunstsoff GmbH launched partially
    biobased polypropylene compound to be used in
    injection molding applications under the brand
    name Terralene PP 2509.

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Europe Biobased Pp Market Size, By Application,
2014 2022 (USD Million)

5

Browse Full Market Research Report On Biobased
Polypropylene Market _at_ http//bit.ly/216NEV5
Request for a Sample of this Research
Report _at_ https//www.gminsights.com/request-sample
/detail/175 https//www.gminsights.com/reque
st-sample/detail/49
6
360 Analysis
  • Product Analysis
  • Rising substitute products threats from bio PET
    and PLA may hinder the biobased PP market growth.
    Growth in shale gas exploration production with
    the advent of hydraulic fracturing may restrict
    biobasd polypropylene market growth.
  • Regional Analysis
  • North America, led by U.S. biobased PP market
    size, would exceed 6 kilo tons by 2022.
    Regulatory norms for light vehicle weight in U.S.
    and Canada due to their lightweight, high biomass
    content and low GHG emission during manufacturing
    would drive the regional industry growth.
  • Competitive Market Share
  • Global biobased PP market share is at nascent
    stage with maximum companies focusing on raw
    material development. Some companies operating in
    this industry are Trellis Earth Products,
    Polymers, Dow Chemicals, Braskem, Biobent and
    Global Bioenergies.


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