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Polypropylene (PP) is a versatile thermoplastic material, compatible with many processing techniques and used in many commercial applications.
According to methyl arrangement position, it has three types, isotactic polypropylene, atactic polypropylene and syndiotactic polypropylene. The first is most usual. It has many applications such as woven products, injection products, film, fiber, extruded products and etc. Woven products consumed most of polypropylene. In 2015, polypropylene used in the woven products took about 39.83% of global consumption.
Raw materials of polypropylene are mainly crude oil and coal. All over the world, polypropylene manufacturers include LyondellBasell, SABIC, Braskem, Total, ExxonMobil, JPP, Prime Polymer, Reliance Industries, Formosa Plastics, Sinopec, CNPC and Shenhua. Those companies all have oil or coal business (mainly in China).
Market Analysis and Insights: Global Polypropylene Market
The global Polypropylene market was valued at US$ 76860 million in 2019 and it is expected to reach US$ 89040 million by the end of 2026, growing at a CAGR of 2.1% during 2021-2026.
Global Polypropylene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polypropylene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Isotactic Polypropylene
Atactic Polypropylene
Syndiotactic Polypropylene
Segment by Application
Woven Products
Injection Products
Film
Fiber
Extruded Products
Others
By Company
LyondellBasell
SABIC
Braskem
Total
ExxonMobil
JPP
Prime Polymer
Reliance Industries
Formosa Plastics
Sinopec
CNPC
Shenhua
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
According to methyl arrangement position, it has three types, isotactic polypropylene, atactic polypropylene and syndiotactic polypropylene. The first is most usual. It has many applications such as woven products, injection products, film, fiber, extruded products and etc. Woven products consumed most of polypropylene. In 2015, polypropylene used in the woven products took about 39.83% of global consumption.
Raw materials of polypropylene are mainly crude oil and coal. All over the world, polypropylene manufacturers include LyondellBasell, SABIC, Braskem, Total, ExxonMobil, JPP, Prime Polymer, Reliance Industries, Formosa Plastics, Sinopec, CNPC and Shenhua. Those companies all have oil or coal business (mainly in China).
Market Analysis and Insights: Global Polypropylene Market
The global Polypropylene market was valued at US$ 76860 million in 2019 and it is expected to reach US$ 89040 million by the end of 2026, growing at a CAGR of 2.1% during 2021-2026.
Global Polypropylene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polypropylene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Isotactic Polypropylene
Atactic Polypropylene
Syndiotactic Polypropylene
Segment by Application
Woven Products
Injection Products
Film
Fiber
Extruded Products
Others
By Company
LyondellBasell
SABIC
Braskem
Total
ExxonMobil
JPP
Prime Polymer
Reliance Industries
Formosa Plastics
Sinopec
CNPC
Shenhua
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
