The Global Renewable Polypropylene Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Renewable Polypropylene industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Renewable Polypropylene market along with crucial statistical data about the Renewable Polypropylene market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
The 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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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.
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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The Global Renewable Polypropylene Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.
One of the report’s central components is the broad Renewable Polypropylene market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
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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)
Application Outlook (Revenue, USD Million; 2017-2027)
End-Use Outlook (Revenue, USD Million; 2017-2027)
Regional Outlook (Revenue, USD Million; 2017-2027)
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
- 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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