India Bio-based Polypropylene Market Size & Outlook
India bio-based polypropylene market, 2018-2030 (US$K)
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India bio-based polypropylene market highlights
- The India bio-based polypropylene market generated a revenue of USD 1,671.9 thousand in 2024 and is expected to reach USD 5,099.1 thousand by 2030.
- The India market is expected to grow at a CAGR of 20% 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 1,671.9 thousand |
| Market revenue in 2030 | USD 5,099.1 thousand |
| Growth rate | 20% (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, India accounted for 12.2% 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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India 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 44.18% in 2024. Horizon Databook has segmented the India 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 automotive industry in India is experiencing continuous growth and modernization in terms to technology and environmental sustainability. This, in turn, is leading to an increased demand for biobased polypropylene for use in various applications in this industry.
Bio-based polypropylene is preferred in the automotive industry for manufacturing interior and exterior components of vehicles to reduce their weight and enhance their fuel efficiency. They are also used in the manufacturing of tires.
The surging demand for automobiles and the rising adoption of electric vehicles in the country contribute to the sustained requirement for bio-based polypropylene for use in the automotive industry in India. This, in turn, drives the growth of the market in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the India bio-based polypropylene market , including forecasts for subscribers. This country databook contains high-level insights into India bio-based polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India bio-based polypropylene market size, by application, 2018-2030 (US$K)
India Bio-based Polypropylene Market Outlook Share, 2024 & 2030 (US$K)
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