South Korea Bio-based Polypropylene Market Size & Outlook
South Korea bio-based polypropylene market, 2018-2030 (US$K)
Related Markets
South Korea bio-based polypropylene market highlights
- The South Korea bio-based polypropylene market generated a revenue of USD 791.0 thousand in 2024 and is expected to reach USD 2,321.3 thousand by 2030.
- The South Korea 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 791.0 thousand |
| Market revenue in 2030 | USD 2,321.3 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, South Korea accounted for 5.8% 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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South Korea 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 43.77% in 2024. Horizon Databook has segmented the South Korea 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.
Government initiatives for reducing plastic waste and achieving sustainability goals have influenced the growth of bio-based polypropylene market in South Korea. The government of the country is promoting eco-friendly practices and aiming to reduce plastic waste.
Hence, it is encouraging the use of recycled bio-based polypropylene and implementing regulations to minimize single-use plastics. In November 2023, SABIC and CJ Cheiljedang collaborated to develop an innovative packaging solution in the form of ready-to-eat bowls made from 25% certified renewable polypropylene.
These bowls are the first ones to be used in Asia-Pacific with certified renewable polypropylene in ready-to-eat-rice packaging. Developing these bowls from renewable sources aligns with a strong commitment of CJ Cheiljedang to adopt sustainable practices and align with its Nature-to-Nature sustainability roadmap.
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Target buyers of South Korea 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea bio-based polypropylene market , including forecasts for subscribers. This country databook contains high-level insights into South Korea bio-based polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea bio-based polypropylene market size, by application, 2018-2030 (US$K)
South Korea Bio-based Polypropylene Market Outlook Share, 2024 & 2030 (US$K)
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