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Polypropylene Market Insights, 2019-2027

Polypropylene Market for Packaging, Automotive, Consumer Products, Electrical & Electronics, Construction and Other End-user Industries - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Polypropylene Market – Overview

The worldwide polypropylene market is relied upon to be driven by the expanding utilization of polypropylenes in raffia, sheet, fiber, and film, just as the developing pattern of utilizing polypropylene (PP) in the auto business to assemble lightweight vehicles for further developed mileage. Polypropylene alludes to a lightweight material with a not insignificant rundown of benefits, including protection from a wide assortment of acids, chemical solvents, and bases, low moisture opposition, high elasticity, and stain obstruction. It is generally utilized in the manufacture of car parts, clinical gadgets, construction, packaging and naming, and an assortment of research center hardware, among numerous different things, because of its remarkable mechanical and chemical characteristics.

In the coming years, consistently expanding interest for polypropylene material in the packaging business, where request is unequivocally connected to developing utilization of bundled food and beverages, is probably going to support the worldwide polypropylene market. Polypropylene assists with decreasing the danger of food debasement and has incredible moisture obstruction, settling on it a decent decision for food packaging arrangements in the food and beverage area.

Auto parts, medical services devices, profiles, and design garments are totally produced using polypropylene (PP) material. Polypropylene request is anticipated to ascend in the following not many years because of the transcending referenced items in various end-use areas. Moreover, specialized enhancements and advancing purchaser tastes toward lightweight gadgets are likewise expected to drive the development of the worldwide polypropylene market soon.

The lockdown upheld by numerous nations to control the spread of the Covid pandemic, nonetheless, has brought about a reduction in polypropylene utilization and has hurt its interest in an assortment of uses. Because of calculated requirements and cutoff points on human portability, makers are experiencing issues running assembling units. This is speeding up the descending pattern in item interest. In the impending years, notwithstanding, the expanding need for expert polypropylene in the medical care area for delivering clinical covers, outfits, and other security packs is projected to support item interest.

fa global polypropylene market

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Automotive Sector to Emerge Dominant

The global polypropylene market is categorized on the basis of end users and region. In terms of end user, the market is classified into packaging, automotive, consumer products, electrical & electronics, construction, and others. Because of the rising worry about environmental change, the worldwide automotive industry is focusing on creating materials to improve eco-friendliness in cars. Street transport vehicles represent in excess of a fourth of all joined ozone harming substance outflows (GHG). Expanded consciousness of ozone-depleting substance discharges and energy security challenges have brought about automotive light-weighting turning into an unmistakable worldwide pattern.

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Asia Pacific Holding Lion’s Share Owing to Increasing Use in Construction Industries

Region-wise, Asia Pacific represented roughly 55% of the overall polypropylene market as far as volume in 2018 and is relied upon to grow its portion by 2027. The Asia Pacific is expected to create sizable rewarding roads to the polypropylene market because of rising interest from the packaging and automotive assembling areas. Because of the rising utilization of polypropylene in food and beverage packaging and vehicle areas in these countries, China, Japan, and India are key nations adding to the locale's market development. Because of the critical possibilities introduced by the growing automotive and construction areas, key market players are endeavoring to expand their quality in the locale.

Expanding pressure about the utilization of plastics are relied upon to block polypropylene market development before very long. In any case, makers are centered around assembling bio-based polypropylene, which is relied upon to give gigantic possibilities to the polypropylene market. As the requirement for inventive polymer definitions develops, significant organizations in the polypropylene market are spending altogether on R&D exercises to make game-evolving polypropylene-based items. These contributions are being created for a wide scope of uses across areas. Some of the key players of the global polypropylene market include Sinopec, LyondellBasell Industries N.V., BASF SE, Formosa Plastics Corporation, Exxon Mobil Corporation, Reliance Industries Limited, Borealis AG, Total S.A., Sasol, Japan Polypropylene Corporation, Braskem, INEOS Group Holdings, SABIC, and others.

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Global Polypropylene Market: Segmentation

End-use Industries

Packaging

Automotive

Consumer products

Electrical & electronics

Construction

Others

Region

North America

Latin America

Asia Pacific

Europe

Middle East & Africa

Polypropylene Market Insights, 2019-2027

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Frequently Asked Questions

What is the Polypropylene Market Size?

Polypropylene Market is expected to reach US$ 164 Bn By 2027

What is the CAGR for Polypropylene Market?

Polypropylene Market is estimated to rise at a CAGR of 5.7% during forecast period

What are the key factors driving the growth of Polypropylene Market?

Technical improvements and evolving consumer tastes toward lightweight electronics devices are also expected to drive growth of the global polypropylene market

Which region is more attractive for vendors in the Polypropylene Market?

Asia Pacific is more attractive region for vendors in the Polypropylene Market

Who are the key players in the Polypropylene Market?

Key players active in the polypropylene market include Borealis AG, BASF SE, Japan Polypropylene Corporation, LyondellBasell Industries N.V., INEOS Group Holdings, Total S.A., Braskem, SABIC, Sinopec, Formosa Plastics Corporation, Reliance Industries Limited, Sasol, Exxon Mobil Corporation.

Chapter 1. Preface

    1.1. Report Description

    1.2. Market Segmentation

    1.3. Research Scope and Assumptions

    1.4. Research Methodology

Chapter 2. Executive Summary

    2.1. Global Polypropylene Market, 2018 - 2027, (Kilo Tons) (US$ Mn)

    2.2. Global Polypropylene Market Snapshot, 2018 & 2027 

Chapter 3. Polypropylene Market – Industry Analysis

    3.1. Introduction

    3.2. Value Chain Analysis

    3.3. Market Drivers

        3.3.1. Growing Demand for Plastic Packaging in Food & Beverages Application is Expected to Augment Global Polypropylene Market

        3.3.2. Rising Demand for Light Weight Vehicles is Projected to Boost Polypropylene Demand During the Forecast Period 

    3.4. Restraints

        3.4.1. Growing Environmental Concerns for Usage of Plastics

        3.4.2. Volatility in Raw Material Prices

    3.5. Opportunity

        3.5.1. Shift Towards Development of Biobased Polypropylene 

    3.6. Porter’s Five Forces Analysis

        3.6.1. Bargaining Power of Suppliers

        3.6.2. Bargaining Power of Buyers

        3.6.3. Threat of New Entrants

        3.6.4. Threat of Substitutes

        3.6.5. Degree of Competition

    3.7. Polypropylene: Market Attractiveness Analysis

    3.8. Polypropylene: Company Market Share Analysis, 2018

Chapter 4. Price Trend Analysis

    4.1. Global Average Polypropylene Price Trend, 2018 – 2027, (US$/Ton)

Chapter 5. Polypropylene Market – End-User Industry Analysis

    5.1. Global Polypropylene Market Volume Share, by End-User Industry, 2018 and 2027

    5.2. Global Polypropylene Market for Packaging, 2018 – 2027 (Kilo Tons) (US$ Mn)

    5.3. Global Polypropylene Market for Automotive, 2018 – 2027 (Kilo Tons) (US$ Mn)

    5.4. Global Polypropylene Market for Consumer Products, 2018 – 2027 (Kilo Tons) (US$ Mn)

    5.5. Global Polypropylene Market for Electrical & Electronics, 2018 – 2027 (Kilo Tons) (US$ Mn)

    5.6. Global Polypropylene Market for Construction, 2018 – 2027 (Kilo Tons) (US$ Mn)

    5.7. Global Polypropylene Market for Other End-User Industries, 2018 – 2027 (Kilo Tons) (US$ Mn)

Chapter 6. Polypropylene Market - Regional Analysis

    6.1. Global Polypropylene Market Volume Share, by Region, 2018 and 2027

    6.2. North America

        6.2.1. North America Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.2.2. North America Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.2.3. U.S. Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.2.4. U.S. Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.2.5. Rest of NA Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.2.6. Rest of NA Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

    6.3. Europe

        6.3.1. Europe Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.3.2. Europe Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.3.3. France Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.3.4. France Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.3.5. UK Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.3.6. UK Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.3.7. Spain Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.3.8. Spain Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.3.9. Germany Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.3.10. Germany Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.3.11. Italy Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.3.12. Italy Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.3.13. Rest of Europe Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.3.14. Rest of Europe Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

    6.4. Asia Pacific (APAC)

        6.4.1. Asia Pacific Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.4.2. Asia Pacific Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.4.3. China Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.4.4. China Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.4.5. India Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.4.6. India Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.4.7. ASEAN Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.4.8. ASEAN Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.4.9. Rest of APAC Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.4.10. Rest of APAC Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

    6.5. Latin America (LA)

        6.5.1. Latin America Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.5.2. Latin America Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.5.3. Brazil Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.5.4. Brazil Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.5.5. Rest of LA Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.5.6. Rest of LA Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

    6.6. Middle East & Africa (MEA)

        6.6.1. Middle East & Africa Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.6.2. Middle East & Africa Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.6.3. GCC Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.6.4. GCC Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.6.5. South Africa Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.6.6. South Africa Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

        6.6.7. Rest of Middle East & Africa Polypropylene Market Volume, by End-Use, 2018 – 2027 (Kilo Tons)

        6.6.8. Rest of Middle East & Africa Polypropylene Market Revenue, by End-Use, 2018 – 2027 (US$ Mn)

Chapter 7. Company Profiles

    7.1. BASF SE

    7.2. Braskem S.A.

    7.3. Borealis AG

    7.4. Sinopec

    7.5. ExxonMobil Corporation

    7.6. Formosa Plastics Corporation, U.S.A

    7.7. INEOS Group Holdings S.A

    7.8. Japan Polypropylene Corporation

    7.9. LyondellBasell Industries N.V.

    7.10. PetroChina Company Limited

    7.11. Reliance Industries Limited

    7.12. SABIC

    7.13. Total S.A.

8. Primary Research – Key Findings 

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