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Monday May 04, 2015
Monday May 04, 2015
Global biobased PP market is expected to reach USD 36.19 million by 2020; according to a new study by Grand View Research, Inc. Supportive regulatory and political landscape to promote bioplastics coupled with growing demand for lightweight materials in automotive applications is expected to augment biobased PP market growth. Increasing application scope in textile, packaging and construction is also expected to have a positive impact on market growth.
Biobased PP was majorly used in injection applications, accounting for over 50% of market volume in 2013. Primary uses include injection molded parts, aiming for automotive, construction, packaging, electronics, and industrial applications. In addition, application growth of injection molded plastics in packaging would have a significant impact.
To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/bio-based-polypropylene
For More Information visit - http://www.grandviewresearch.com/
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