The global Renewable Polypropylene Market is forecasted to be worth USD 59.3 Million by 2027, according to a current analysis by Emergen Research. The renewable polypropylene market is forecasted to grow substantially owing to the rising demand from industries like automotive, construction, and electronics. The increasing concern of automotive manufacturers about greenhouse gas emissions resulted in the rising use of renewable polypropylene. Besides, government regulations for the use of lightweight materials in vehicles that help cars consume less fuel are expected to augment the renewable polypropylene market shortly.
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Furthermore, the report provides a comprehensive overview of the Renewable Polypropylene Market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
Key participants include Global Bioenergies SA, Braskem SA, The Dow Chemical Company, Mitsubishi Chemical Holdings Corporation, Biobent Holdings, LLC, Neste Oyj, Exxon Mobil Corporation, Trellis Earth Products, Inc., LyondellBasell Industries N.V., and DuPont de Nemours, Inc., among others.
Market Dynamics:
The report offers insightful information about the market dynamics of the Renewable Polypropylene market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Renewable Polypropylene market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Renewable Polypropylene market.
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Market Overview:
The research report on the Renewable Polypropylene market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Renewable Polypropylene business sphere.
Some Key Highlights from the Report
- In August 2017, Exxon Mobil Corporation announced the acquisition of Jurong Aromatics Corporation Pte Ltd. The deal will improve both sites' operational and logistical efficiencies and increase ExxonMobil's productivity.
- Over the forecast timeframe, the corn segment is anticipated to dominate market growth due to the high-water resistance ability of corn, and low costs lead to its increasing demand in various sectors.
- Due to the increasing use of this application in the automobile sector, the injection segment accounted for the largest market with a CAGR of 6.3% over the forecast period.
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Emergen Research has segmented the global Renewable Polypropylene Market on the basis of source, application, end-use, and region:
Source Outlook (Revenue, USD Million; 2017-2027)
- Beet
- Corn
- Sugarcane
- Others
Application Outlook (Revenue, USD Million; 2017-2027)
Textile
Injection
Films
Others
End-Use Outlook (Revenue, USD Million; 2017-2027)
Construction
Automotive
Electronics
Industrial
Others
Regional Outlook (Revenue, USD Million; 2017-2027)
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
Latin America
- Brazil
- Rest of LATAM
MEA
- Saudi Arabia
- UAE
- Rest of MEA
Report Highlights:
- The report conducts a comparative assessment of the leading market players participating in the global Renewable Polypropylene market.
- The report marks the notable developments that have recently taken place in the Renewable Polypropylene industry
- It details on the strategic initiatives undertaken by the market competitors for business expansion.
- It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Renewable Polypropylene market value chain.
- The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.
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About Emergen Research
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