Polypropylene Random Copolymer Market was valued US$ 9.56 Bn in 2023 and is expected to grow US$ 13.09 Bn by 2030, at a CAGR of 4.6% during the forecast period.Polypropylene Random Copolymer Market Overview:
The Polypropylene random copolymers are common materials for pressurized hot water pipes. In many pipe systems, potable water is disinfected by chlorine to prevent waterborne diseases. This paper deals with hot chlorinated water-induced aging of two polypropylene random copolymers grades with fluctuating morphology. A random copolymer containing 1-7% ethylene is more malleable and crystal clear. For this reason, it is often used in medical applications and contact lens production.To know about the Research Methodology :- Request Free Sample Report Moreover, the adoption of bio-based polypropylene random copolymer in North America and Europe will further increase, because of the initiatives undertaken by the Environmental Protection Agency (EPA) and European Union (EU) to limit the footprints of carbon emissions.
Dynamics:
Polypropylene random copolymer packaging is broadly used for pharmaceutical and medical devices because they meet the international regulatory compliance standards for safety. Polypropylene random copolymer industry analysis identifies that the rising demand from the healthcare sector will be one of the major factors that will have a positive impact on the growth of the polypropylene random copolymer market. Manufacturers widely depend on polypropylene random copolymer for bottling complex medical products, because of its cleanliness, transparency, inert properties, lightweight, and durability. Additionally, the demand for pharmaceutical packaging and the adoption of polypropylene random copolymer will continue to increase, thanks to factors like the increasing pharmaceutical applications, contract manufacturing in APAC, and the aging population. Also, increasing product usage across beverages, like flavored milk & water and fruit juices packaging will create new growth prospects for the industry participants over the forecast period. The product-based containers are vastly preferred in beverages, on account of the development of new product grades with superior clarity. As well, the product carries huge potential to replace traditional beverage packing, for example, glass and PET, which may also boost polypropylene random copolymer market growth in the future. On the other hand, stiff competition from available substitutes and volatile raw material prices are expected to hinder the growth of the market throughout the forecast period.Segmentation:
According to the end-user, the packaging segment is expected to hold the largest market share of the global market. Increasing product demand across packaging applications mostly thanks to its higher transparency and thermal resistance will boost industry growth over the future. Also, an increasing number of working population across the globe has consequently driven packed food demand, which in turn is considered to fuel business growth. Region-wise, Asia-Pacific held the largest market share of the polypropylene random copolymer in 2023. Demand for polypropylene random copolymer was high in the Asia Pacific in 2023, mainly for food containers, because of shifting lifestyles as consumers are gradually shifting toward ready-to-eat and packaged food. Also, Europe was the second-largest market for polypropylene random copolymer in terms of revenue. Demand for polypropylene random copolymer in the construction industry is expected to be a key driver of the market in the region throughout the estimated period. Polypropylene random polymer is widely used in disposable syringes and labware. Therefore, the flourishing health care industry in North America is expected to drive the demand for polypropylene random polymer market. Major demand in the food packaging industry in Brazil is expected to supplement the market in Latin America in the future. The Middle East & Africa accounted for a small share of the global polypropylene random copolymer market in 2023. The objective of the report is to present a comprehensive analysis of the Global Polypropylene Random Copolymer Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Polypropylene Random Copolymer Market dynamics, structure by analyzing the market segments and project the Global Polypropylene Random Copolymer Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Polypropylene Random Copolymer Market make the report investor’s guide.Global Polypropylene Random Copolymer Market Scope: Inquire before buying
Global Polypropylene Random Copolymer Market Base Year 2023 Forecast Period 2024-2030 Historical Data CAGR Market Size in 2023 Market Size in 2030 2018 to 2023 4.6% US$ 9.56 Bn US$ 13.09 Bn Segments Covered by Type Homopolymer Copolymer Others by End-user Packaging Building & Construction Healthcare Others (Including Media Packaging, Furniture, Toys, Sports, etc.) Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Global Polypropylene Random Copolymer Market Key players
1. Braskem 2. Formosa Plastics Corporation 3. Pinnacle Polymers LLC 4. Reliance Industries Limited 5. Sasol 6. Total Petrochemicals & Refining USA, Inc. 7. INEOS Olefins & Polymers USA 8. Entec Polymers 9. Flint Hills Resources 10.LyondellBasell Industries N.V. 11.Borealis 12.Exxon Mobil 13.China Petrochemical 14.Entec Polymers 15.HYOSUNG 16.Indian Oil Corporation 17.Japan Polypropylene Corporation Frequently Asked Questions: 1. Which region has the largest share in Global Polypropylene Random Copolymer Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Polypropylene Random Copolymer Market? Ans: The global market is growing at a CAGR of 4.6% during forecasting period 2024-2030 3. What is scope of the Global Polypropylene Random Copolymer Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What is the study period of this Market? Ans: The Global Polypropylene Random Copolymer Market is studied from 2023 to 2030
1. Polypropylene Random Copolymer Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Polypropylene Random Copolymer Market: Dynamics 2.1. Polypropylene Random Copolymer Market Trends by Region 2.1.1. North America Polypropylene Random Copolymer Market Trends 2.1.2. Europe Polypropylene Random Copolymer Market Trends 2.1.3. Asia Pacific Polypropylene Random Copolymer Market Trends 2.1.4. Middle East and Africa Polypropylene Random Copolymer Market Trends 2.1.5. South America Polypropylene Random Copolymer Market Trends 2.2. Polypropylene Random Copolymer Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Polypropylene Random Copolymer Market Drivers 2.2.1.2. North America Polypropylene Random Copolymer Market Restraints 2.2.1.3. North America Polypropylene Random Copolymer Market Opportunities 2.2.1.4. North America Polypropylene Random Copolymer Market Challenges 2.2.2. Europe 2.2.2.1. Europe Polypropylene Random Copolymer Market Drivers 2.2.2.2. Europe Polypropylene Random Copolymer Market Restraints 2.2.2.3. Europe Polypropylene Random Copolymer Market Opportunities 2.2.2.4. Europe Polypropylene Random Copolymer Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Polypropylene Random Copolymer Market Drivers 2.2.3.2. Asia Pacific Polypropylene Random Copolymer Market Restraints 2.2.3.3. Asia Pacific Polypropylene Random Copolymer Market Opportunities 2.2.3.4. Asia Pacific Polypropylene Random Copolymer Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Polypropylene Random Copolymer Market Drivers 2.2.4.2. Middle East and Africa Polypropylene Random Copolymer Market Restraints 2.2.4.3. Middle East and Africa Polypropylene Random Copolymer Market Opportunities 2.2.4.4. Middle East and Africa Polypropylene Random Copolymer Market Challenges 2.2.5. South America 2.2.5.1. South America Polypropylene Random Copolymer Market Drivers 2.2.5.2. South America Polypropylene Random Copolymer Market Restraints 2.2.5.3. South America Polypropylene Random Copolymer Market Opportunities 2.2.5.4. South America Polypropylene Random Copolymer Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Polypropylene Random Copolymer Industry 2.8. Analysis of Government Schemes and Initiatives For Polypropylene Random Copolymer Industry 2.9. Polypropylene Random Copolymer Market Trade Analysis 2.10. The Global Pandemic Impact on Polypropylene Random Copolymer Market 3. Polypropylene Random Copolymer Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 3.1.1. Homopolymer 3.1.2. Copolymer 3.1.3. Others 3.2. Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 3.2.1. Packaging 3.2.2. Building & Construction 3.2.3. Healthcare 3.2.4. Others (Including Media Packaging, Furniture, Toys, Sports, etc.) 3.3. Polypropylene Random Copolymer Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Polypropylene Random Copolymer Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 4.1.1. Homopolymer 4.1.2. Copolymer 4.1.3. Others 4.2. North America Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 4.2.1. Packaging 4.2.2. Building & Construction 4.2.3. Healthcare 4.2.4. Others (Including Media Packaging, Furniture, Toys, Sports, etc.) 4.3. North America Polypropylene Random Copolymer Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 4.3.1.1.1. Homopolymer 4.3.1.1.2. Copolymer 4.3.1.1.3. Others 4.3.1.2. United States Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 4.3.1.2.1. Packaging 4.3.1.2.2. Building & Construction 4.3.1.2.3. Healthcare 4.3.1.2.4. Others (Including Media Packaging, Furniture, Toys, Sports, etc.) 4.3.2. Canada 4.3.2.1. Canada Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 4.3.2.1.1. Homopolymer 4.3.2.1.2. Copolymer 4.3.2.1.3. Others 4.3.2.2. Canada Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 4.3.2.2.1. Packaging 4.3.2.2.2. Building & Construction 4.3.2.2.3. Healthcare 4.3.2.2.4. Others (Including Media Packaging, Furniture, Toys, Sports, etc.) 4.3.3. Mexico 4.3.3.1. Mexico Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 4.3.3.1.1. Homopolymer 4.3.3.1.2. Copolymer 4.3.3.1.3. Others 4.3.3.2. Mexico Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 4.3.3.2.1. Packaging 4.3.3.2.2. Building & Construction 4.3.3.2.3. Healthcare 4.3.3.2.4. Others (Including Media Packaging, Furniture, Toys, Sports, etc.) 5. Europe Polypropylene Random Copolymer Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.2. Europe Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 5.3. Europe Polypropylene Random Copolymer Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.3.1.2. United Kingdom Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 5.3.2. France 5.3.2.1. France Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.3.2.2. France Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.3.3.2. Germany Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.3.4.2. Italy Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.3.5.2. Spain Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.3.6.2. Sweden Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.3.7.2. Austria Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 5.3.8.2. Rest of Europe Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6. Asia Pacific Polypropylene Random Copolymer Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.2. Asia Pacific Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3. Asia Pacific Polypropylene Random Copolymer Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.1.2. China Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.2.2. S Korea Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.3.2. Japan Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.4. India 6.3.4.1. India Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.4.2. India Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.5.2. Australia Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.6.2. Indonesia Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.7.2. Malaysia Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.8.2. Vietnam Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.9.2. Taiwan Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 6.3.10.2. Rest of Asia Pacific Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 7. Middle East and Africa Polypropylene Random Copolymer Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 7.2. Middle East and Africa Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 7.3. Middle East and Africa Polypropylene Random Copolymer Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 7.3.1.2. South Africa Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 7.3.2. GCC 7.3.2.1. GCC Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 7.3.2.2. GCC Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 7.3.3.2. Nigeria Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 7.3.4.2. Rest of ME&A Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 8. South America Polypropylene Random Copolymer Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 8.2. South America Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 8.3. South America Polypropylene Random Copolymer Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 8.3.1.2. Brazil Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 8.3.2.2. Argentina Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Polypropylene Random Copolymer Market Size and Forecast, by Type (2023-2030) 8.3.3.2. Rest Of South America Polypropylene Random Copolymer Market Size and Forecast, by End-User (2023-2030) 9. Global Polypropylene Random Copolymer Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading Polypropylene Random Copolymer Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Braskem 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Formosa Plastics Corporation 10.3. Pinnacle Polymers LLC 10.4. Reliance Industries Limited 10.5. Sasol 10.6. Total Petrochemicals & Refining USA, Inc. 10.7. INEOS Olefins & Polymers USA 10.8. Entec Polymers 10.9. Flint Hills Resources 10.10. LyondellBasell Industries N.V. 10.11. Borealis 10.12. Exxon Mobil 10.13. China Petrochemical 10.14. Entec Polymers 10.15. HYOSUNG 10.16. Indian Oil Corporation 10.17. Japan Polypropylene Corporation 11. Key Findings 12. Industry Recommendations 13. Polypropylene Random Copolymer Market: Research Methodology 14. Terms and Glossary