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    Polypropylene Market Report

    Polypropylene Market Report
    Report code - SRAM630 Delivery - 2 Weeks
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    Polypropylene Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-20 See more...

    Impact of COVID-19 on Polypropylene Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Polypropylene Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Polypropylene market is likely to witness a CAGR of 5.7% during the forecast period. The prime factors that are driving the polypropylene market are expanding application range, technological advancements, and surge in demand from the Asia-Pacific region.

    Polypropylene Market - Snapshot

    Growth

    5.7% for the next five years

    Major Product Type

    Homopolymer

    Dominant Application Type

    Fiber & Raffia

    Region with the highest demand

    Asia-Pacific

    Key Players

    LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, SABIC, DuPont, INEOS, Formosa Plastics Corporation, China Petrochemical Corporation, and LG Chem, 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. 

    Segment Analysis

    Polypropylene-Market-Dominant-Segments

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    Polypropylene Market Share: By Type

    Based on the type, the market is segmented as homopolymer and copolymer. The homopolymer type dominated the market in 2020, and is expected to maintain its position during the forecast period. Homopolymer polythene is widely used in a large number of industries such as packaging, automotive, building & construction, and electrical & electronics owing to its better mechanical properties.

    Polypropylene Market Share: By Application Type

    Based on the application type, the polypropylene market is segmented as injection molding, fiber & raffia, film & sheet, and blow molding. Fiber & raffia is expected to remain the largest application of the market owing to its widespread usage in carpets, carpet backing, and tapes. Injection molding is expected to remain the second-largest segment owing to the growing demand for molded products in increasing number of end-use industries.

    Polypropylene Market Share: By End-Use Industry Type

    Based on the end-use industry type, the polypropylene market is segmented as packaging, automotive, building & construction, electrical & electronics, medical, and others. Packaging industry is expected to maintain its dominant position in the market during the forecast period. Polypropylene is used in packaging of food and consumer products.

    Polypropylene Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market for polypropylene during the forecast period. China, Japan, South Korea, Taiwan, and India are the largest consumers of polypropylene in the region. Significant economic development in the region is paving the path for electrical & electronic, packaging, building & construction, and automotive industries. Further, huge consumer base and significant economic development in the region are likely to boost the demand for polypropylene in the region. North America and Europe are also expected to witness a healthy demand for polypropylene material owing to the revival of the construction industry from the global economic slowdown.

    Polypropylene-Market-By-Region

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    Market Scope & Segmentation

    Polypropylene is a thermoplastic polymer which is produced by combining propylene monomer with catalysts. As thermoplastic polymers are recyclable, their applications are growing in a wide array of industries such as packaging, automotive, building & construction, electrical & electronics, medical, and others. They are of basically two types i.e. homopolymer and copolymer.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Polypropylene Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The polypropylene market is segmented into the following categories. 

    Polypropylene Market Size, Share, & Forecast, by Type:

    • Homopolymer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Copolymer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polypropylene Market Size, Share, & Forecast, by Application Type:

    • Injection Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fiber & Raffia (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Film & Sheet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Blow Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polypropylene Market Size, Share, & Forecast, by End-Use Industry Type:

    • Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polypropylene Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Polypropylene-Market-Segmentation

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    Key Players

    Some of the major suppliers of polypropylene are LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, SABIC, DuPont, INEOS, Formosa Plastics Corporation, China Petrochemical Corporation, and LG Chem, 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, and SACO AEI Polymers.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-use industry type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The polypropylene market is expected to witness an impressive growth of 5.7% CAGR in the foreseeable future.

    LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, SABIC, DuPont, INEOS, Formosa Plastics Corporation, China Petrochemical Corporation, and LG Chem, 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, and SACO AEI Polymers are among the key players in the polypropylene market.

    Asia-pacific is expected to be the largest polypropylene market during the forecast period of 2021-2026.

    Fiber & raffia is expected to remain dominant application type in the polypropylene market in the coming five years.

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