High impact resistance, optimum thermal resistance, good optical, and flexibility properties would enhance the use of copolymer in food containers, auto-components, and vessels. COVID-19: Declining Demand from Building & Construction Industry to Hamper Growth. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. Between these, the block copolymer is majorly demanded, owing to high toughness and less brittleness than random copolymer, which is further driving the polypropylene market. Covered in this report The report covers the present scenario and the growth prospects of the global polypropylene market for 2017-2021. There are several plastic materials other than polypropylene, such as polystyrene (PS), polyethylene terephthalate (PET), polyurethane (PUR), polyvinyl chloride (PVC), and polyethylene (PE). LyondellBasell Industries N.V. was the largest player in the polypropylene market in 2019. Which is the leading segment in the market? In addition, this type of PP is used in electrical and electronics, infrastructure & construction, and consumer goods/lifestyle industries, thereby affecting the growth of this segment positively. The packaging industry along with electrical & equipment manufacturing will remain the key end users accounting for 30% and 13% of polypropylene consumption respectively. The copolymer is among the most versatile thermoplastic polymers, having applications in packaging, injection molding, thermoforming, blow molding, and others. Additionally, it is an economical alternative to expensive plastics with similar durability and strength. 4 min de lecture. The polypropylene nonwoven fabric market is poised to grow by USD 12.26 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. Asia P… Global Polypropylene Pipes Market Overview The Global Polypropylene Pipes Market is growing at a faster pace with substantial growth rates over the la... sales@marketresearchintellect.com (UK): +44-203- … Introduction 8.2.1. Rising Demand from Automotive Industry is a Prominent Trend. Fluctuating Crude Oil Prices and Availability of Substitutes to Hinder Growth. The growth in the medical and electrical & electronics manufacturing industries is a key market driver in the region. LONDON-- (BUSINESS WIRE)--The polypropylene nonwoven fabric market is poised to grow by USD 12.26 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. Polypropylene Market: Summary. On the other hand, Europe is projected to showcase significant growth in the market. Moreover, this region is home to some of the major players operating in the industry, which include Exxon Mobil Corporation, PolyOne Corporation, Washington Penn, Ferro Corporation, and A. Schulman. SABIC and LyondellBasell are the key players in the market. For business enquiries - enquiry@psmarketresearch.com, For career enquiries - hr@psmarketresearch.com, Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Company Share Analysis, Companies’ Strategical Developments, Product Benchmarking, Company Profiling, By Type; By Application; By End Use; By Geography, U.S., Canada, Germany, Italy, France, U.K., Spain, Poland, Belgium & Luxembourg, Netherlands, Russia, China, India, Korea, Japan, Thailand, Mexico, Brazil, Argentina, Saudi Arabia, U.A.E., Turkey, Iran, Africa, Secondary Sources and References (Partial List), All India Plastic Manufacturers Association, American Chemistry Council, Association for Packaging and Processing, Association of Plastic Recyclers, Chemicals & Petrochemicals Manufacturer’s Association, Food and Drug Administration, Germany Trade & Invest, Independent Packaging Association. The report will be delivered in PDF format along with printing rights and detailed Excel sheet. This report researches the worldwide Polypropylene (PP) Yarns market size (value, capacity, … China, Japan, and India are key countries contributing to the market growth in the region owing to its increasing applications in the food & beverages, packaging, and automobile production in these countries. Table of Content. The Global Polypropylene Market is estimated to reach USD 112.3 Billion by 2025 at a CAGR of 6.1 %, predicts forencis research (FSR).. It is recommended for a single user. Owing to low cost with excellent mechanical properties and moldability, this plastic material is widely used to reduce vehicle weight and enhance fuel economy. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Polypropylene (PP) Yarns. SKU ID : GIR-14030685 | Publishing Date : 29-Mar-2019 | No. Polypropylene (PP) is a versatile thermoplastic material, compatible with many processing techniques and used in many commercial applications. The polypropylene is manufactured by polymerization process from the … However, the market in this region is set to showcase a relatively lower CAGR, as compared to Asia Pacific. In 2019, on the basis of product type, the homopolymer category accounted for larger share in the polypropylene market. Polypropylene has similar properties to polyethylene, but it is a bit more rigid and thermal resistant. Growth in the medical and electrical & electronics manufacturing industries is a key driver for the market in the region. Which was the largest company in the polypropylene market in 2019? This is owing to high rigidity when compared with copolymer; high tolerance to extreme temperature and chemical exposure; good weldability; high performance in thermoforming; approval from the U.S. Department of Agriculture (USDA), Food and Drug Administration (FDA), National Science Foundation (NSF); and 3-A Diary compliant in the natural color attributes. Global Polypropylene Market Report 2019, Competitive Landscape, Trends and Opportunities. Report Details. Polypropene is also used for the manufacturing of toys, fashion apparel, sports equipment, and others as it is easily moldable and provides high durability and flexibility. The market research report provides qualitative and quantitative insights on the market and a detailed analysis of market size & growth rate for all possible segments in the market. The report was very accurate and as per my requirements. Global Polypropylene (PP) Market Analysis and Forecast by Region 8.1. Latin America and the Middle East & Africa would exhibit gradual growth in the market, as compared to the other regions due to the increasing infrastructure & construction, as well as rising consumer goods/lifestyle preferences of consumers. “We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Europe 8.3.4. Polypropylene (PP) is a thermoplastic polymer made of the propylene monomer combination. This, in turn, boosts the growth of the polypropylene market, owing to high moldability and extrusion attributes of polypropylene. Which will be the largest end user category in the polypropylene market in 2030? Similarly, the automotive segment is expected to surge the sales of the material in the forecast period due to the increased production capacity of automobiles. Polypropylene (PP) Market Size and Volume Forecast by Region 8.3.1. What is the key factor driving the market? The rising demand for PP from various industries, including packaging and automotive will drive the growth of the market. Source: MRFR analysis. APAC held the largest revenue share in polypropylene market in 2019. What factors are driving the polypropylene industry growth in APAC? All these factors are expected to further drive the market revenue during the forecast period. For instance: The polypropylene market report offers comprehensive market segmentation analysis along with market estimation for the period 2014–2030. The global polypropylene market size was $122.7 billion in 2019, and is projected to witness a CAGR of 5.7% during the forecast period (2020–2030). China National Petroleum Corporation (China), China Petroleum & Chemical Corporation (China), Granular Research on Specified Regions or Segments, Companies Profiled based on User Requirement, Broader Insights Pertaining to a Specific Segment or Region, Breaking Down Competitive Landscape as per Your Requirement, Other Specific Requirement on Customization. To know how our report can help streamline your business, Speak to Analyst, Packaging Segment to Exhibit a Significant CAGR during the Forecast Period. North America is anticipated to remain a key region holding a significant portion of the global polypropylene market share during the forecast period. The packaging is the major application of polypropylene owing to its properties such as high-temperature resistance, moisture barrier, flexibility, and lightweight nature, making it an ideal material for food packaging. An Infographic Representation of Polypropylene (PP) Market, To get information on various segments, share your queries with us, Value (USD Billion) and Volume (Million ton). The global Polypropylene market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 2.0%% in the forecast period of 2020 to 2025 and will expected to reach USD 85630 million by 2025, from USD 79080 million in 2019. Global Polypropylene Nonwoven Fabric Market- Featuring Ahlstrom-Munksjo Oyj, Asahi Kasei Corporation, and Berry Global Group Inc. Why has COVID-19 not affected the polypropylene industry much? Furthermore, polypropylene’s high heat resistance, high clarity, aesthetics, recyclability, and other features drive its adoption among consumers in their every-daily life. At what CAGR is the market projected to grow in the forecast period (2020-2027)? PP has a moisture barrier property that increases its ability to provide effective packaging solutions for the food & beverage industry. Which region is expected to hold the highest share in the market? LONDON-- (BUSINESS WIRE)--The Polypropylene Market is poised to experience spend growth of more than $ 34 billion between 2020-2024 at a CAGR of over 5.19%. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Global Polypropylene Tube Market Report 2020 - Market Size, Share, Price, Trend and Forecast. Request Sample. Global Polypropylene Market Insights, Forecast to 2026. Furthermore, the availability of substitutes such as polyethylene and polyethylene terephthalate which offer properties similar to PP is acting as a threat to the market growth. Polypropylene Market: Summary. Among Others | Technavio. By continuing to use this site you consent to our use of cookies. However, the growth of the polypropene market in North America region is anticipated to grow at a relatively lower CAGR due to the stabilizing markets as compared to the growth in Asia Pacific. ET They have adopted strategies such as joint ventures and mergers & acquisitions to increase their presence in the market. We use cookies to enhance your experience. 2020 to 2027. Healthcare & pharmaceuticals and automotive are the key end-use industries that would drive the adoption of PP. On the basis of type, the market is segmented into homopolymers and copolymers. Among the major producers, LyondellBasell is leading because of its technological development and a wide range of product offerings. It is … In the current global scenario, PP is majorly used in the injection molding application as it can be easily melted and molded in any shape and size without disturbing the original qualities. Registering a CAGR of 5.0%, the market will exhibit steady growth in the forecast period (2020-2027). The demand is further expected to grow at a CAGR of 4.4% between 2021-2026 to reach a volume of almost 97.2 million metric tons by 2026. Polypropylene (PP) is a versatile thermoplastic material, compatible with many processing techniques and used in many commercial applications. The demand for polypropylene from the healthcare & pharmaceutical industry for surgical equipment and other products has increased due to its non-corrosive nature and chemical resistance that further would enhance the shelf life of drugs. Business Wire • November 15, 2020. The staple fiber represented 59% of the global nonwoven market, and out of which polypropylene staple fibers held 11% share of the market, which was around 1.0 million tons. These players are responsible for fulfilling the in-house demand for polypropylene products. Key players in the market are trying to expand their presence in the region owing to huge opportunities from the growing automotive and construction industries. Basis Point Share (BPS) Analysis by Region 8.2.2. The report will be delivered in PDF format without printing rights. The global polypropylene market demand reached a volume of almost 75.1 million metric tons in 2020. The report is an essential resource for a one looking for detailed information on the world polypropylene market. It is recommended for up to five users. Global Polypropylene Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. This is majorly attributed to the increasing use of polypropylene compounds in food packaging, sweet & snack wrappers, hinged caps, microwave containers, pipes, automotive parts, and bank notes. The research report, titled “Global Polypropylene Market 2019–2026,” provides a complete and unbiased overview of this market, focusing especially on the key trends, growth drivers, restraints, challenges, opportunities, and prospects. Ceresana analyzed the global market for polypropylene already for the fifth time. Regional Analysis . Technavio’s analysts forecast the global polypropylene market to grow at a CAGR of 5.42% during the period 2017-2021. Y-o-Y Growth Projections by Region 8.3. The report covers data on global, regional and national markets including present and future trends for … Thank you Fortune Business Insights for your efforts and prompt response”, “I had a great experience working with Fortune Business Insights. Polypropylene is the most frequently used plastic in the manufacturing of automobiles. Asia Pacific Polypropylene Market Size, 2019 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. Looking forward to work together in the future”, “It has been a delightful experience working with you guys. In recent years, players in the industry have launched a number of new and advanced products, in order to stay ahead of their competitors. On the other hand, the copolymer product category is further subcategorized into random and block. Posted on 18 juin 2020 Author Trinity McKnight Comment(0) Marché mondial Polypropylène qui permet au consommateur d’évaluer la demande à long terme et d’estimer des implémentations particulières. Moreover, ExxonMobil Chemical and SABIC have strong regional presence and have adopted strategies such as expansion & joint ventures to increase their market share. Polypropylene also referred as polypropene, is a rigid thermoplastic polymer w ith semi crystalline structure, which has gained massive popularity in last decade. Polypropylene market is … Many technologies are integrated with PP production such as spheripol, unipol PP, novolen, innovene PP, hypol, sherizone, borstar PP, chisso, sumitomo, and others. This market is growing rapidly owing to the rising demand from the packaging industry, This high demand is associated with the increasing consumption of packaged food and beverages. All rights reserved. As per the global outlook, the polypropylene market is consolidated in nature with presence LyondellBasell Industries N.V., China Petroleum & Chemical Corporation, PetroChina Company Limited, Braskem S.A., Borealis AG/Borouge, SABIC, Exxon Mobil Corporation, and Reliance Industries Limited. Additionally, the use of products in the electrical & electronics and healthcare & pharmaceutical industries are some of the other key factors driving the market growth in Europe. Global Polypropylene Market Research Report 2019 Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. The data offered to us was exactly what we were looking for. of pages : 114. Polypropylene Catalyst Market - Global Polypropylene Catalyst Demand, Industry, Analysis, Size, Growth, Estimates, Forecasts The company is also using strategies such as acquisitions to increase its global presence. The global market size of Polypropylene is $XX million in 2019 with XX CAGR from 2015 to 2019, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2020 to 2025. It looks quite comprehensive and the data is exactly what I was looking for. The raffia category, based on application, is projected to witness the fastest growth in the polypropylene market, during the forecast period. The Polypropylene (PP) (CAS 9003-07-0) market is analysed and market size information is provided by regions (countries). This is a very good piece of work and will be very helpful to us going forward. Global Polypropylene Consumption Market Overview. Fortune Business Insights says that the market stood at USD 78.22 billion in 2019 and is projected to reach USD 105.49 billion by 2027. Additionally, the prices of crude oil fell significantly due to the collapse of demand. This can be due to the rising usage of polypropylene in packaging, consumer & institutional, transportation, furniture & furnishings, building & construction, machinery, and electrical & electronic industries. As per PlasticsEurope, global plastics production was 359 million tons in 2018, owing to rising demand for plastics in packaging and building & construction industries. Owing to its properties such as resistance to impact, heat, and moisture, PP finds application in bumpers, gas cans, and seat panels. Global Polypropylène Marché Tendances, acteurs clés, stratégies concurrentielles et prévisions jusqu’en 2029. Polypropylene is obtained by the polymerization of propylene gas, which is derived from petroleum crude oil. The supply and prices of crude oil oscillate due to volatile political scenarios in the Middle East, as well as in the other oil-producing countries. The polypropylene nonwoven fabric market is poised to grow by USD 12.26 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The increasing demand for the packaging of food & beverages and the manufacturing of automobiles would contribute to the growth of the PP consumption in the region. A growing trend is observed in the penetration of the polypropylene market across the industries. The key drivers for the polypropylene industry advance in APAC are its high industrial output and presence of key players. Ltd : Market.us delivers granular analysis of Polypropylene Market 2020 COVID-19 Impact Analysis and Research Outlook 2029, which includes global industry analysis, key market trends, vendor … Copolymer Segment to Generate Highest Revenue Owing to Usage in Pharmaceutical Industry. The report will be delivered in PDF format along with the printing rights. PP possesses high rigidity property that has increased its use in industrial applications, mainly for the packaging of electrical spares and parts. The global polypropylene market size stood at USD 78.22 billion in 2019 and is projected to reach USD 105.49 billion by 2027, exhibiting a CAGR of 5.0% during the forecast period. According to an article published in International Fiber Journal, the worldwide consumption of nonwoven roll goods was 14.9 million tons in 2018. The packaging category is expected to hold largest revenue share in the end use segment during the forecast period. Furthermore, brand owners and retailers are also responding to consumer demand for more sustainable packaging material, which is produced by polypropylene resin due to high tensile strength. North America 8.3.2. These plastic materials give stiff competition to polypropylene. The polypropylene market is segmented across five regions in the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. All these attributes make it largely used for orthotic & prosthetic devices, plating & anodizing process equipment, plenums & manifolds, pump components, secondary containment, storage tanks, valve bodies, metal finishing, chemical processing & storage, medical devices, and washers. All Rights Reserved. Besides, the material is used for the manufacturing of the interior and exterior parts of automobiles including safety subsystems, doors, and seat assemblies. Which end-use industries are expected to drive the adoption of PP? This is majorly attributed to the increasing use of polypropylene compounds in food packaging, sweet & snack wrappers, hinged caps, microwave containers, pipes, automotive parts, and bank notes. This press release features … Press Release Global Polypropylene Market 2020 Industry Analysis, Type and Application, Key Players, Regions, Forecast by 2025 Published: Sept. 16, 2020 at 6:10 p.m. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”, “Please pass on our sincere thanks to the whole team at Fortune Business Insights. It is also cost-efficient for the packaging of other products such as surgical equipment, drugs, auto components, and cosmetics. We use cookies to enhance your experience. Amongst these plastics materials, polyethylene is the … What is the growth forecast for the polypropylene market? The key manufacturing companies, processors, and compounders in the region are continually involved in the development of products for automobile manufacturers. Middle East and Africa (MEA) 8.4. Owing to these properties, the market is set to show a high potential in the agricultural segment in the coming years. Thank you!”, “I recommend Fortune Business Insights for their honesty and flexibility. According to the Plastic Trade Association, in 2019, amongst the different types of plastics used in the manufacturing of automotive, PP accounts for the highest share of 32%. The easy availability of PP and its properties such as resistance to staining, high durability, and flexibility will support the manufacturing of lightweight vehicles, thereby reducing the vehicle’s cost & making it energy efficient. This can be attributed to the growing demand for industrial packaging material made from weaving ribbons such as cement sacks, owing to high tenacity and elongation. These factors will drive this market growth in the automotive industry. As per the research report, the worldwide market for Polypropylene is estimated to expand at a CAGR of xx % during the period from 2019 to 2026. Request a Free sample to learn more about this report. Global polypropylene cables market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 8.7% during the forecast period. The global polypropylene market size was $122.7 billion in 2019, and is projected to witness a CAGR of 5.7% during the forecast period (2020–2030). The diversified and efficient properties of PP are expected to increase its demand across various end-use industries. This was owing to rising demand for polypropylene staple fibers in end-use applications, including needle punch durables that are consumed by geotextile, vehicle components, coating substrate, indoor & outdoor carpeting, blankets, upholstered furnishing, and bedding. It has resulted in the decreasing demand from industries such as automotive and building & construction. To gain extensive insights into the market, Request for Customization. The Global Polypropylene Market is estimated to reach USD 112.3 Billion by 2025 at a CAGR of 6.1 %, predicts forencis research (FSR). Being a rugged polymer, polypropylene is resistant to many chemical solvents and is considered safe for several packaging containers, such as injection molded pots, thermoformed pots, and thermoformed trays. Published On :04 Jan 2021 Report Code :GRS6012666 Category : Chemicals and Materials Very satisfied with the overall report as it has helped me to build strategies for my business”, “This is regarding the recent report I bought from Fortune Business insights. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. 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Offers comprehensive market segmentation Analysis along with printing rights Substitutes to Hinder growth analyzed global! Joint ventures and mergers & acquisitions to increase its global presence which include the production of products! Published on:04 Jan 2021 report Code: GRS6012666 category: Chemicals and Materials 4 min lecture! Report covers the present scenario and the increasing restrictions due to the collapse of....

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