Global Polypropylene Market: Industry Analysis and Forecast (2021-2027) by Module, Installation Type, Type, Voltage, Industry, and Region.

Global Polypropylene Market size was valued at US$ 113 Bn. in 2020 and the total revenue is expected to grow at 3.01% through 2021 to 2027, reaching nearly US$ 140 Bn. Meta Keywords: Global Polypropylene Market - Global Polypropylene Industry Size, Share, Outlook, Price Analysis, and Research Report

Global Polypropylene Market Overview:

Polypropylene is a synthetic resin made by polymerization of propylene which is the branch of the polyolefin resin. Polypropylene is cast into different plastic products in which durability, lightweight, Flexibility, and temperature resistance are required. Polypropylene is also used in industrial and household textile by turning it into fibers. Polypropylene has high demand in the construction and automotive market. Biaxially oriented polypropylene is a variety of polypropylene that offers its usage in packaging in numerous applications. Thus, manufacturing countries like China, India, and Brazil has a huge opportunity for Polypropylene which will reduce the extra expenditure to procure packaging material at a high cost. Global Polypropylene MarketTo know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020's market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Global Polypropylene Market Dynamics:

Polypropylene is a widely used thermoplastic in the packaging industry due to its durability with high resistance to chemicals, acids, and alkalis. Polypropylene is a colorless material that can be dyed to any color hence, it is widely used in the packing for fresh meat and microwaveable ready-to-eat meals. Currently, the Packaging industry is widely dependent on Polypropylene due to its versatility as it is also recyclable into raw material for non-food purposes. In the automotive sector, Polypropylene is used extensively in parts and components for its properties of lightweight, easily moldable, durability and heat resistance. It is commonly used for the bumper, Chemical tanks, Cable insulation, and gas cans. Also, it is widely used in the interior of cars as upholstery, Instrument panel, Interior trims, and scuff plates. Polypropylene fibers has also wide use in industrial textile and consist large scope in textile flooring. The high abrasion resistance, non-absorption of dirt, liquid, and stains, and scope to wash have made it a very favored material textile industry. Polypropylene has extended its usage in outdoor carpets for its stability to radiation and heat which is commonly used in tennis courts, edges of swimming pools, and car interiors. Technical polypropylene fiber also being in use for sports knitwear for breathability and also wide use in sportswear and innerwear for thermal insulation. Polypropylene staple fiber has application in manufacturing in needle carpets, sanitary household products, woven carpet, and non-woven carpets, upholstery, spinning yarn, and thermal bonded fabrics.

Opportunity

Polypropylene fiber reinforced concrete (PFRC) is a new emerging trend in the construction sector as it provides a strong alternative for classic concrete application and its durability. PFRC provides great toughness, flexural and tensile strength as well as impact strength and it is cheap, largely available and because it is manmade it provides consistent quality.

Restraints

The main restraint of polypropylene is as it is not environmentally friendly and not easy to fully recycled and is considerably costly.

Global Polypropylene Market Segment Analysis:

By Type, Copolymer is dominant in the type of Global Polypropylene Market segment as it contains a higher amount of ethane which is required property within the polypropylene and softer than Homopolymer with great impact strength. Copolymer thermoplastic is widely used in packaging, injection molding, Food container, Auto components, and vessels. Manufacturing countries like China, India, and Brazil has increased its demand due to massive export from these countries. The demand for copolymer-based polypropylene from China has increased by 15% in 2020 by reaching 32.4 metric tonnes and the trend is expected to continue for the next 2 years. By Application, Fiber and Raffia is the dominating segment as it is used in industrial textile, outdoor furniture, Technical sportswear, and high abrasion resistance membrane clothing, woven and non-woven carpets, and upholstery. The textile industry has wide use of polypropylene in form of fiber and raffia which is used individually or in combination with different fibers. Injection molding and blow molding has relatively less usage due to product which are made by molding are made to order. Nevertheless, Injection molding and blow moving have large consumption in packaging and medical equipment factories. Global Polypropylene Market by Application   By End-use industry, the Packaging segment is dominating in the end-use of polypropylene in the global market with a 49% share in the segment. The packaging industry has wide usage of polypropylene in meat packaging, ready-to-eat food packaging, molded containers, drink products, and medical supply. Manufacturing countries have a huge demand for polypropylene for domestic and export packaging due to its durability and availability and cheaper alternative to traditional packing options in the market drives higher demand in the packaging segment. The automotive sector holds the second-leading share for more than 30% share as major car components and parts are made of polypropylene. Global Polypropylene Market by End use

Global Polypropylene Market Regional Insights

The Asia Pacific is dominating region with a market share of the major share of China by demand of 32.4 metric tonnes with a growth of 15%. China is a manufacturing country with the highest demand for polypropylene for packaging goods for domestic and export. Also, local production has increased from 24.4 metric tonnes to 26.4m tonnes with a 7% increase in 2020. North America experienced a 5% fall in demand in the year 2020 and also European market sees a dip of 4% in terms of demand. India on the other hand has seen growth in demand for polypropylene as the country ramp up the manufacturing sector and textile industry. The total global demand for Polypropylene goes to 84.9b tonnes in 2020 with a major share by China. In coming years China is expected to stay on steady growth in the industry as country recover from Covid19 regulation and accelerate the manufacturing sector. The objective of the report is to present a comprehensive analysis of the Global Polypropylene Market to the stakeholders in the industry. The past and current status of the industry with the 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 include market leaders, followers, and new entrants. PORTER, 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 the Global Polypropylene Market dynamics, structure by analyzing the market segments and project the Global Polypropylene Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Polypropylene Market make the report investor’s guide.

Global Polypropylene Market Scope: Inquire before buying

Global Polypropylene Market by Scope

Global Polypropylene Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Global Polypropylene Market Key Players

LyondellBasell • SABIC • Exxon Mobil CorporationDuPontINEOS • Total S.A • Formosa Plastics Group • China Petrochemical Corporation • LG Chem • Sumitomo Chemicals • Eastman Chemical Company • BASF SE • Reliance Industries Limited • Westlake Chemical Corporation • Braskem • Haldia Petrochemicals Limited • Lotte Chemical UK LTD. • Trinseo • HPCL- Mittal Energy Limited • Brahmaputra Cracker And Polymer Limited • SACO AEI Polymers 1] What segments are covered in Global Polypropylene Market report? Ans. The segments covered in the Global Polypropylene Market report are based on Product Type, Application and End use industry. 2] Which region is expected to hold the highest share in the Global Polypropylene Market? Ans. Asia Pacific Region is expected to hold the highest share in the Global Polypropylene Market. 3] What is the market size of Global Polypropylene Marketby2027? Ans. The market size of Global Polypropylene Market by 2027 is US $ 140 Bn. 4] Who are the top key players in the Global Polypropylene Market? Ans. LyondellBasell, SABIC, Exxon Mobil Corporation, DuPont, INEOS, Total S.A, Formosa Plastics Group, China Petrochemical Corporation, LG Chem, Sumitomo Chemicals, Eastman Chemical Company, BASF SE, Reliance Industries Limited, Westlake Chemical Corporation, Braskem, Haldia Petrochemicals Limited, Lotte Chemical UK LTD, Trinseo, HPCL- Mittal Energy Limited, Brahmaputra Cracker And Polymer Limited, SACO AEI Polymers 5] What was the market size of Global Polypropylene Market in 2020? Ans. The market size of Global Polypropylene Market in 2020 was US $ 113 Bn.

Polypropylene Market

1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends in Polypropylene Market 5. POLYPROPYLENE MARKET, BY TYPE (2019-2027) 5.1. Introduction 5.2. Polypropylene Market, by Homopolymer 5.2.1. Homopolymer Market Overview 5.2.2. Homopolymer Market Size & Forecast 5.3. Polypropylene Market, by Copolymer 5.3.1. Copolymer Market Overview 5.3.2. Copolymer Market Size & Forecast 5.4. Polypropylene Market, by Others 5.4.1. Others Market Overview 5.4.2. Others Market Size & Forecast 6. POLYPROPYLENE MARKET, BY APPLICATION (2019-2027) 6.1. Introduction 6.2. Polypropylene Market, by Injection Molding 6.2.1. Injection Molding Market Overview 6.2.2. Injection Molding Market Size & Forecast 6.3. Polypropylene Market, by Fiber & Raffia 6.3.1. Fiber & Raffia Market Overview 6.3.2. Fiber & Raffia Market Size & Forecast 6.4. Polypropylene Market, by Film & Sheet 6.4.1. Film & Sheet Market Overview 6.4.2. Film & Sheet Market Size & Forecast 6.5. Polypropylene Market, by Blow Molding 6.5.1. Blow Molding Market Overview 6.5.2. Blow Molding Market Size & Forecast 6.6. Polypropylene Market, by Others 6.6.1. Others Market Overview 6.6.2. Others Market Size & Forecast 7. POLYPROPYLENE MARKET, BY END-USE INDUSTRY (2019-2027) 7.1. Introduction 7.2. Polypropylene Market, by Packaging 7.2.1. Packaging Market Overview 7.2.2. Packaging Market Size & Forecast 7.3. Polypropylene Market, by Automotive 7.3.1. Automotive Market Overview 7.3.2. Automotive Market Size & Forecast 7.4. Polypropylene Market, by Building & Construction 7.4.1. Building & Construction Market Overview 7.4.2. Building & Construction Market Size & Forecast 7.5. Polypropylene Market, by Medical 7.5.1. Medical Market Overview 7.5.2. Medical Market Size & Forecast 7.6. Polypropylene Market, by Electrical & Electronics 7.6.1. Electrical & Electronics Market Overview 7.6.2. Electrical & Electronics Market Size & Forecast 7.7. Polypropylene Market, by Others 7.7.1. Others Market Overview 7.7.2. Others Market Size & Forecast 8. POLYPROPYLENE MARKET, BY GEOGRAPHY (2019-2027) 8.1. North America Polypropylene Market 8.1.1. North America Polypropylene Market, by Type 8.1.2. North America Polypropylene Market, by Application 8.1.3. North America Polypropylene Market, by End-use Industry 8.1.3.1. U.S. Polypropylene Market 8.1.3.2. Canada Polypropylene Market 8.1.3.3. Rest of North America Polypropylene Market 8.2. Europe Polypropylene Market 8.2.1. Europe Polypropylene Market, by Type 8.2.2. Europe Polypropylene Market, by Application 8.2.3. Europe Polypropylene Market, by End-use Industry 8.2.4. Europe Polypropylene Market, by Region 8.2.4.1. France Polypropylene Market 8.2.4.2. Germany Polypropylene Market 8.2.4.3. U.K .Polypropylene Market 8.2.4.4. Rest of Europe Polypropylene Market 8.3. Asia Pacific Polypropylene Market 8.3.1. Asia-Pacific Polypropylene Market, by Type 8.3.2. Asia-Pacific Polypropylene Market, by Application 8.3.3. Asia-Pacific Polypropylene Market, by End-use Industry 8.3.4. Asia-Pacific Polypropylene Market, by Region 8.3.4.1. China Polypropylene Market 8.3.4.2. Japan Polypropylene Market 8.3.4.3. India Polypropylene Market 8.3.4.4. Australia Polypropylene Market 8.3.4.5. South Korea Polypropylene Market 8.3.4.6. Rest of Asia Pacific Polypropylene Market 8.4. Middle East & Africa Polypropylene Market 8.4.1. Middle East & Africa Polypropylene Market, by Type 8.4.2. Middle East & Africa Polypropylene Market, by Application 8.4.3. Middle East & Africa Polypropylene Market, by End-use Industry 8.4.4. Middle East & Africa Polypropylene Market, by Region 8.4.4.1. South Africa Polypropylene Market 8.4.4.2. Egypt Polypropylene Market 8.4.4.3. Nigeria Polypropylene Market 8.4.4.4. Rest of Middle East & Africa Polypropylene Market 8.5. Latin America Polypropylene Market 8.5.1. Latin America Polypropylene Market, by Type 8.5.2. Latin America Polypropylene Market, by Application 8.5.3. Latin America Polypropylene Market, by End-use Industry 8.5.4. Latin America Polypropylene Market, by Region 8.5.4.1. Brazil Polypropylene Market 8.5.4.2. Argentina Polypropylene Market 8.5.4.3. Columbia Polypropylene Market 8.5.4.4. Mexico Polypropylene Market 8.5.4.5. Rest of Latin America Polypropylene Market 9. MARKET COMPETITION ANALYSIS 9.1 Market Share/Positioning Analysis 9.2 Key Innovators 9.3 Company Profiles 9.3.1 LyondellBasell 9.3.1.1 Overview 9.3.1.2 Products/ End-User 9.3.1.3 Strategy 9.3.1.4 Key Developments 9.3.2 SABIC 9.3.2.1 Overview 9.3.2.2 Products/ End-User 9.3.2.3 Strategy 9.3.2.4 Key Developments 9.3.3 Exxon Mobil Corporation 9.3.3.1 Overview 9.3.3.2 Products/ End-User 9.3.3.3 Strategy 9.3.3.4 Key Developments 9.3.4 DuPont 9.3.4.1 Overview 9.3.4.2 Products/ End-User 9.3.4.3 Strategy 9.3.4.4 Key Developments 9.3.5 INEOS 9.3.5.1 Overview 9.3.5.2 Products/ End-User 9.3.5.3 Strategy 9.3.5.4 Key Developments 9.3.6 Total S.A. 9.3.6.1 Overview 9.3.6.2 Products/ End-User 9.3.6.3 Strategy 9.3.6.4 Key Developments 9.3.7 Formosa Plastics Group 9.3.7.1 Overview 9.3.7.2 Products/ End-User 9.3.7.3 Strategy 9.3.7.4 Key Developments 9.3.8 China Petrochemical Corporation 9.3.8.1 Overview 9.3.8.2 Products/ End-User 9.3.8.3 Strategy 9.3.8.4 Key Developments 9.3.9 LG Chem 9.3.9.1 Overview 9.3.9.2 Products/ End-User 9.3.9.3 Strategy 9.3.9.4 Key Developments 9.3.10 Sumitomo Chemicals 9.3.10.1 Overview 9.3.10.2 Products/ End-User 9.3.10.3 Strategy 9.3.10.4 Key Developments 9.3.11 Eastman Chemical Company (US) 9.3.12 BASF SE (Germany) 9.3.13 Reliance Industries Limited (India) 9.3.14 Westlake Chemical Corporation (US) 9.3.15 Braskem (Brazil) 9.3.16 Haldia Petrochemicals Limited (India) 9.3.17 Lotte Chemical UK LTD. (UK) 9.3.18 Trinseo (France) 9.3.19 HPCL- Mittal Energy Limited (India) 9.3.20 Brahmaputra Cracker And Polymer Limited (India) 9.3.21 SACO AEI Polymers (US)

About This Report

Report ID 2055
Category Material & Chemical
Published Date July 2019
Updated Date Oct 2021
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