Global Synthetic and Bio-Based Polypropylene Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Raw Material;

Petroleum, Natural Gas, and Biomass.

By Grade;

Homopolymer, Copolymer, and Random Copolymer.

By Process;

Ziegler-Natta, Metallocene, and Single-Site.

By Application;

Packaging, Automotive, Consumer Products, and Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn158008953 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Synthetic and Bio-Based Polypropylene Market (USD Million), 2021 - 2031

In the year 2024, the Global Synthetic and Bio-Based Polypropylene Market was valued at USD 50,692.07 million. The size of this market is expected to increase to USD 84,100.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.5%.

The Global Synthetic and Bio-Based Polypropylene Market represents a pivotal segment within the broader petrochemical and bioplastics industries, characterized by the versatile applications and widespread adoption of polypropylene (PP) across various sectors. Polypropylene is a thermoplastic polymer known for its excellent chemical resistance, durability, and lightweight properties, making it indispensable in packaging, automotive components, textiles, and consumer goods. The market is driven by the robust demand for sustainable and high-performance materials, prompting innovations in both synthetic and bio-based variants to meet evolving consumer and regulatory requirements worldwide.

Synthetic polypropylene dominates the market, sourced primarily from fossil fuel-derived feedstocks through advanced polymerization processes. Major global chemical giants such as LyondellBasell Industries N.V., Exxon Mobil Corporation, and SABIC lead in synthetic polypropylene production, leveraging extensive manufacturing capabilities and technological advancements. These companies cater to diverse industrial applications, benefiting from established supply chains and economies of scale that ensure consistent supply and competitive pricing in the global market.

In parallel, the market is witnessing a notable shift towards bio-based polypropylene, derived from renewable biomass sources like sugarcane or plant-based oils. Bio-based polypropylene offers environmental benefits such as reduced carbon footprint and decreased dependency on finite fossil resources, aligning with sustainable development goals. Companies like Braskem S.A. and TotalEnergies are pioneering bio-based polypropylene production, driving innovation and expanding market opportunities amid increasing consumer preference for eco-friendly materials. The convergence of technological advancements and sustainability initiatives underscores the dynamic evolution of the global synthetic and bio-based polypropylene market, poised for continued growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Process;
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Synthetic and Bio-Based Polypropylene Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand in Packaging Industry
        2. Increasing Use in Automotive Applications
        3. Shift Towards Lightweight Materials
        4. Rising Consumer Goods Sector
      2. Restraints
        1. Volatility in Raw Material Prices
        2. Environmental Concerns
        3. Regulatory Challenges
        4. Competition from Alternative Materials
      3. Opportunities
        1. Development of Bio-Based Polypropylene
        2. Emerging Markets in Asia-Pacific
        3. Technological Advancements in Production
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Synthetic and Bio-Based Polypropylene Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Petroleum
      2. Natural Gas
      3. Biomass
    2. Global Synthetic and Bio-Based Polypropylene Market,By Grade, 2021 - 2031 (USD Million)
      1. Homopolymer
      2. Copolymer
      3. Random Copolymer
    3. Global Synthetic and Bio-Based Polypropylene Market, By Process, 2021 - 2031 (USD Million)
      1. Ziegler-Natta
      2. Metallocene
      3. Single-Site
    4. Global Synthetic and Bio-Based Polypropylene Market, By Application, 2021 - 2031 (USD Million)
      1. Packaging
      2. Automotive
      3. Consumer Products
      4. Industrial
    5. Global Synthetic and Bio-Based Polypropylene Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Braskem S.A.
      2. LyondellBasell Industries N.V.
      3. Exxon Mobil Corporation
      4. SABIC
      5. Dow Inc.
      6. TotalEnergies
  7. Analyst Views
  8. Future Outlook of the Market