Latin America Bio-based Polypropylene Market Size & Outlook
Latin America bio-based polypropylene market, 2018-2030 (US$K)
Related Markets
Latin America bio-based polypropylene market highlights
- The Latin America bio-based polypropylene market generated a revenue of USD 316.9 thousand in 2024.
- The market is expected to grow at a CAGR of 18.4% 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, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 316.9 thousand |
| Market revenue in 2030 | USD 893.8 thousand |
| Growth rate | 18.4% (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, Latin America region accounted for 2.3% 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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Latin America 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 43.14% in 2024. Horizon Databook has segmented the Latin America 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 bio-based polypropylene market in Central & South America is expected to grow significantly owing to factors such as the government targets for recycled and bio-based plastics and increasing awareness among consumers for environment-friendly materials. The focus on sustainability and environmental considerations is expected to drive the polyethylene market in Central & South America.
As the awareness of environmental issues grows, there is an increasing emphasis on adopting eco-friendly practices and materials. The push for circular economy principles and incorporating recycled content in bio-based polypropylene products are gaining traction, driven by regulatory requirements and consumer preferences.
For instance, in June 2022, the plenary session of Colombia's senate approved a bill that bans the single-use of plastics throughout the country. The initiative prohibits marketing, distribution and import from using 14 types of plastics. This move aims to promote a circular economy and increase the demand for bio-based plastics.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bio-based polypropylene market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bio-based polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America bio-based polypropylene market size, by country, 2018-2030 (US$K)
Latin America Bio-based Polypropylene Market Outlook Share, 2024 & 2030 (US$K)
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