Canada Bio-based Polypropylene Market Size & Outlook
Canada bio-based polypropylene market, 2018-2030 (US$K)
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Canada bio-based polypropylene market highlights
- The Canada bio-based polypropylene market generated a revenue of USD 333.2 thousand in 2024 and is expected to reach USD 978.1 thousand by 2030.
- The Canada market is expected to grow at a CAGR of 19.2% 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 333.2 thousand |
| Market revenue in 2030 | USD 978.1 thousand |
| Growth rate | 19.2% (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, Canada accounted for 2.4% 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 North America, U.S. bio-based polypropylene market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,054.6 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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Canada 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 43.76% in 2024. Horizon Databook has segmented the Canada 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 rising demand for sustainable packaging, led to rise in demand for bio-based polypropylene from the flexible packaging segment and favorable regulatory policies in Canada are major factors that are driving the market growth. For instance, in April 2021, the government of Canada promoted the production of eco-friendly alternatives to plastic to minimize waste.
As part of the Bioplastics Challenge's second phase which plans to eliminate the use of plastics in the country, the government has pledged an investment of USD 1 million to BOSK Bioproducts Inc. The goal of this plastic waste reduction initiative is to assist small businesses in reducing pollution by converting forest-based residue into sustainable plastic materials.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada bio-based polypropylene market , including forecasts for subscribers. This country databook contains high-level insights into Canada bio-based polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada bio-based polypropylene market size, by application, 2018-2030 (US$K)
Canada Bio-based Polypropylene Market Outlook Share, 2024 & 2030 (US$K)
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