Market revenue in 2024 | USD 514.1 thousand |
Market revenue in 2030 | USD 1,518.5 thousand |
Growth rate | 19.3% (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 |
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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 44.31% in 2024. Horizon Databook has segmented the UK 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 UK bio-based polypropylene market is projected to grow over the forecast period owing to increasing awareness among the masses regarding environmental sustainability and plastic pollution. As the government of the country is focusing on transitioning toward clean and highly sustainable energy sources, the demand for bio-based polypropylene for use in renewable energy systems is surging in the UK that aligns with its goals for a green future.
In April 2021, the government of the country consulted the public about potentially manufacturing biobased and biodegradable plastics for developing a highly circular economy. Bio-based, biodegradable, and compostable plastics are considered a part of solutions to achieve a circular plastics economy.
However, a number of knowledge gaps are still required to be addressed in the UK, including the overall environmental impact of bio-based and biodegradable plastic products compared with the ones made from other materials, along with the issues with existing and developing plastic degradation standards in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the UK bio-based polypropylene market , including forecasts for subscribers. This country databook contains high-level insights into UK bio-based polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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