Asia Pacific Bio-based Polypropylene Market Size & Outlook
Asia Pacific bio-based polypropylene market, 2018-2030 (US$K)
Related Markets
Asia Pacific bio-based polypropylene market highlights
- The Asia Pacific bio-based polypropylene market generated a revenue of USD 8,673.8 thousand in 2024.
- The market is expected to grow at a CAGR of 19.7% from 2025 to 2030.
- In terms of segment, heart valve structures was the largest revenue generating application in 2024.
- Heart Valve Structures is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 8,673.8 thousand |
| Market revenue in 2030 | USD 26,082.3 thousand |
| Growth rate | 19.7% (CAGR from 2025 to 2030) |
| Largest segment | Heart valve structures |
| Fastest growing segment | Heart Valve Structures |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Heart Valve Structures, Surgery sutures, Surgical Mesh |
| Key market players worldwide | Braskem SA ADR, SABIC, LyondellBasell Industries NV Class A, Mitsui Chemicals Inc, FKuR |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 63.4% of the global bio-based polypropylene market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 26,082.3 thousand by 2030.
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Bio-based Polypropylene Market Scope
Bio-based Polypropylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific bio-based polypropylene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio-based polypropylene market will help companies and investors design strategic landscapes.
Heart valve structures was the largest segment with a revenue share of 44.03% in 2024. Horizon Databook has segmented the Asia Pacific bio-based polypropylene market based on heart valve structures, surgery sutures, surgical mesh covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of bio-based polypropylene market in Asia Pacific is expected to be driven by high demand for automobile, presence of improved infrastructure in manufacturing facilities, and rise in the disposable income of consumers. Change in the outlook of consumers toward eco-friendly materials is a key parameter that is anticipated to positively impact the growth of the market in the region in the coming years.
In December 2023, LyondellBasell and Pigeon Singapore collaborated on sustainable research and development efforts in baby nursing bottles. This partnership aims to avoid using 100% virgin polypropylene resins to produce Pigeon nursing bottles. Pigeon also introduced a renewed series of nursing bottles developed from biobased CirculenRenew polypropylene polymers (PP) of LyondellBasell.
These polymers are made from renewable feedstocks derived from bio-based waste and residual oils, such as used cooking oils. The company launched CirculenRenew-made bottles in 2023, in close collaboration with the Japan-based trading company, Iwatani. Following the initial launch, the new range will be introduced in the rest of the markets across the Middle East.
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Target buyers of Asia Pacific bio-based polypropylene market databook
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Our clientele includes a mix of bio-based polypropylene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bio-based polypropylene market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bio-based polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific bio-based polypropylene market size, by country, 2018-2030 (US$K)
Asia Pacific Bio-based Polypropylene Market Outlook Share, 2024 & 2030 (US$K)
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