Australia Bio-based Polypropylene Market Size & Outlook
Australia bio-based polypropylene market, 2018-2030 (US$K)
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Australia bio-based polypropylene market highlights
- The Australia bio-based polypropylene market generated a revenue of USD 455.8 thousand in 2024 and is expected to reach USD 1,317.2 thousand by 2030.
- The Australia market is expected to grow at a CAGR of 18.9% 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.
Bio-based polypropylene market data book summary
| Market revenue in 2024 | USD 455.8 thousand |
| Market revenue in 2030 | USD 1,317.2 thousand |
| Growth rate | 18.9% (CAGR from 2025 to 2030) |
| Largest segment | Heart valve structures |
| Fastest growing segment | Heart Valve Structures |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, Australia accounted for 3.3% of the global bio-based polypropylene market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bio-based polypropylene market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,365.1 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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Australia 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 43.59% in 2024. Horizon Databook has segmented the Australia 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.
Bio-based polypropylene market in Australia is projected to grow over the forecast period. The rising awareness among the masses in the country toward environmental sustainability and plastic pollution has surged the demand for bio-degradable plastics in Australia.
This has attracted companies to enter the market in the country and tap its growth potential. In December 2023, an Australia-based consortium, the Solving Waste Cooperative Research Center (CRC), received a total funding of USD 95.27 million to tackle plastic waste.
The funding includes contributions from the Government of Australia. The first program provides companies based in the country with design guidelines to develop biodegradable packaging materials that meet municipal endof-life collection and composting standards.
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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 country-level data and insights on the Australia bio-based polypropylene market , including forecasts for subscribers. This country databook contains high-level insights into Australia bio-based polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia bio-based polypropylene market size, by application, 2018-2030 (US$K)
Australia Bio-based Polypropylene Market Outlook Share, 2024 & 2030 (US$K)
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