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Bio-Based Polypropylene Market – Current Competitive Analysis 2024 | Braskem S.A., Biobent Polymers, Dow Chemicals, Global Bioenergies, Trellis Earth Products
by rakeshigr · December 17, 2018
The main objective of this report is to define Jim Brown Jersey , describe, and forecast the global 鈥淏io-Based Polypropylene鈥?market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers Jarvis Landry Jersey , restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely Odell Beckham Jr Jersey , North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships Bernie Kosar Jersey , collaborations, acquisitions, new product developments, and R&D activities in the market. According to the report, the global bio-based polypropylene market is projected to grow at a CAGR of 5.3% over the forecast period of 2018-2024.
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IKEA and Neste confirm large-scale production of renewable, bio-based polypropylene plastic.
In Jan 2018- IKEA has collaborated with Neste Corporation to utilize renewable residue and waste raw materials in the production of plastic products. It will be the first large-scale production of renewable Austin Seibert Jersey , bio-based polypropylene plastic globally. IKEA is a Swedish-founded multinational group that designs and sells ready-to-assemble furniture, kitchen appliances, and home accessories and other useful products that tries to create a positive impact on people and the planet while growing the business, which includes using more renewable and recycled materials and explores new materials for IKEA products.
The pilot at a commercial scale of PP and PE plastic, chosen to contain 20 percent renewable content, will start during fall 2018. The production of bio-based plastics will be based on Neste鈥檚 100 percent renewable hydrocarbons. IKEA will use the new plastic in products that are part of the current product range Sheldrick Redwine Jersey , such as plastic storage boxes, starting with a limited number of products. As capacities improve, more products will follow.