The polypropylene and polypropylene composites market is anticipated to grow at a CAGR of 8.30% from 2020 to 2027 and to reach around US$ 88.9 Bn by 2027.
Market Dynamics
Rapid technological advancements in thermoplastic composite materials and rising demand from PP composites material from various end use industries are major factors expected to drive the growth of global market. In addition, flourishing automotive sector across the globe, increasing passenger vehicle sale in emerging economies, coupled with growing demand for vehicle parts from carbon fiber material is another important factor expected to further support the growth of target market.
Major players are focused on increasing business with the approach towards strategic merger and acquisition they are enhancing customer base and increasing profit ratio this is another factor expected to further positively impact the growth of target market.
- In 2018 Hexcel signed a agreement with Arkema a manufacturer of specialty chemicals and advanced materials in order to develop and manufacture carbon fiber-based thermoplastic composite solutions for the aerospace sector. This is expected to help the company to enhance the product portfolio and enhance the customer base.
- In 2017, Hexcel signed a contract with UTC Aerospace Systems a global supplier and distribution of aerospace products in order to supply advanced composites for various commercial aerospace programs. This is expected to help the company to enhance the profit ratio.
In addition, innovative product launches by the major players in order to attract new customers and inclination towards increasing the production capacity are among other important factors expected to further positively impact the growth of target market.
- In 2017, Solvay a global manufacturer and distributor of chemical products launched SolvaLite 730, a new innovative thermoset prepreg resin system for automotive applications. This is expected to help the company to expand the product portfolio.
- In 2018, Toray increased the production capacity of tow carbon fiber materials at its US-based subsidiary, Zoltek Companies, Inc. This approach is expected to help the company to cater the ongoing demand for carbon fiber materials and increase the revenue share.
However, factors such as high processing and manufacturing cost and recycling issues related to the material are expected to hamper the growth of global market. In addition, lack of standardization in developing countries related to manufacturing technologies is another factor expected to further challenge the growth of target market.
Rapid development of cost-effective technologies by the major players and inclination towards developing countries in order to increase the business presence are other factors expected to create new opportunities for players operating in the target market over the forecast period.
Polypropylene and Polypropylene Composites Market Segment Analysis, 2019
The global polypropylene and polypropylene composites market is further segmented into product, fiber type, and application. The application segment is further bifurcated into packaging, building & construction, automotive, electrical & electronics, and others. Among fiber type the carbon fiber segment is expected to account for significant revenue share in the global market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to high demand form packaging and construction industry. In addition, large number of players operating in the country and innovative product offerings in order to attract new customers is another factor expected to further support the growth of target market.
Asia Pacific is expected to witness faster growth in the near future owing to flourishing automotive sector, coupled with rising demand for carbon fiber material from auto manufacturers. In addition, stable economic condition and easy availability of raw material and low cost labor is attracting players across the globe to emerging countries in this region which is another important factor expected to further support the growth of target market.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Polypropylene and Polypropylene Composites Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Product, Fiber Type, Application and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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The market research study on “Polypropylene and Polypropylene Composites Market (Product: Polypropylene (PP) and Polypropylene Composites; Fiber Type: Glass Fiber, Carbon Fiber, and Others; Application: Packaging, Building & Construction, Automotive, Electrical & Electronics, and Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global polypropylene and polypropylene composites market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global polypropylene and polypropylene composites market segment by product, fiber type, application and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global polypropylene and polypropylene composites market size and segment markets by product, fiber type, application and geography along with the information on companies operating in the market. The polypropylene and polypropylene composites market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Sinopec Ltd, SABIC, Formosa Plastics Corporation, Lyondell Basell Industries N.V., Borealis AG, Sumitomo Chemicals, Exxon Mobil Corporation, DuPont, INEOS, and Braskem.
Market Segmentation
Market By Product
- Polypropylene (PP)
- Polypropylene Composites
Market By Fiber Type
- Glass Fiber
- Carbon Fiber
- Others
Market By Application
- Packaging
- Building & Construction
- Automotive
- Electrical & Electronics
- Others
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Polypropylene and Polypropylene Composites
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Polypropylene and Polypropylene Composites Market By Product
1.2.2.1. Global Polypropylene and Polypropylene Composites Market Revenue and Growth Rate Comparison By Product(2016-2027)
1.2.2.2. Global Polypropylene and Polypropylene Composites Market Revenue Share By Product in 2019
1.2.2.3. Polypropylene (PP)
1.2.2.4. Polypropylene Composites
1.2.3. Polypropylene and Polypropylene Composites Market By Fiber Type
1.2.3.1. Global Polypropylene and Polypropylene Composites Market Revenue and Growth Rate Comparison By Fiber Type (2016-2027)
1.2.3.2. Global Polypropylene and Polypropylene Composites Market Revenue Share By Fiber Type in 2019
1.2.3.2.1. Glass Fiber
1.2.3.2.2. Carbon Fiber
1.2.3.2.3. Others
1.2.4. Polypropylene and Polypropylene Composites Market By Application
1.2.4.1. Global Polypropylene and Polypropylene Composites Market Revenue and Growth Rate Comparison By Application(2016-2027)
1.2.4.2. Global Polypropylene and Polypropylene Composites Market Revenue Share By Application in 2019
1.2.4.2.1. Packaging
1.2.4.2.2. Building & Construction
1.2.4.2.3. Automotive
1.2.4.2.4. Electrical & Electronics
1.2.4.2.5. Others
1.2.5. Polypropylene and Polypropylene Composites Market By Geography
1.2.5.1. Global Polypropylene and Polypropylene Composites Market Revenue and Growth Rate Comparison by Geography (2016-2027)
1.2.5.2. North America Polypropylene and Polypropylene Composites Market Revenue and Growth Rate(2016-2027)
1.2.5.3. Europe Polypropylene and Polypropylene Composites Market Revenue and Growth Rate(2016-2027)
1.2.5.4. Asia-Pacific Polypropylene and Polypropylene Composites Market Revenue and Growth Rate(2016-2027)
1.2.5.5. Latin America Polypropylene and Polypropylene Composites Market Revenue and Growth Rate(2016-2027)
1.2.5.6. Middle East and Africa (MEA)Polypropylene and Polypropylene Composites Market Revenue and Growth Rate(2016-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Polypropylene and Polypropylene Composites ANALYSIS
3.1. Capacity and Commercial Production Date of Global Polypropylene and Polypropylene Composites Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Polypropylene and Polypropylene Composites Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Polypropylene and Polypropylene Composites Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Polypropylene and Polypropylene Composites Major Manufacturers in 2019
CHAPTER 4. Polypropylene and Polypropylene Composites MARKET By Product
4.1. Global Polypropylene and Polypropylene Composites Revenue By Product
4.2. Polypropylene (PP)
4.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.3. Polypropylene Composites
4.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 5. Polypropylene and Polypropylene Composites MARKET By Fiber Type
5.1. Global Polypropylene and Polypropylene Composites Revenue By Fiber Type
5.2. Glass Fiber
5.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.3. Carbon Fiber
5.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 6. Polypropylene and Polypropylene Composites MARKET By Application
6.1. Global Polypropylene and Polypropylene Composites Revenue By Application
6.2. Packaging
6.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.3. Building & Construction
6.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.4. Automotive
6.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.5. Electrical & Electronics
6.5.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.6. Others
6.6.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Polypropylene and Polypropylene Composites MARKET BY COUNTRY
7.1. North America Polypropylene and Polypropylene Composites Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.2. North America Polypropylene and Polypropylene Composites Market Revenue Share Comparison, 2016 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Polypropylene and Polypropylene Composites Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Polypropylene and Polypropylene Composites Market Revenue and Growth Rate, 2016 - 2027 ($Million)
8.2. Europe Polypropylene and Polypropylene Composites Market Revenue Share Comparison, 2016 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Polypropylene and Polypropylene Composites MARKET BY COUNTRY
9.1. Asia-Pacific Polypropylene and Polypropylene Composites Market Revenue and Growth Rate, 2016 - 2027 ($Million)
9.2. Asia-Pacific Polypropylene and Polypropylene Composites Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Polypropylene and Polypropylene Composites MARKET BY COUNTRY
10.1. Latin America Polypropylene and Polypropylene Composites Market Revenue and Growth Rate, 2016 - 2027 ($Million)
10.2. Latin America Polypropylene and Polypropylene Composites Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Polypropylene and Polypropylene Composites MARKET BY COUNTRY
11.1. Middle East & Africa Polypropylene and Polypropylene Composites Market Revenue and Growth Rate, 2016 - 2027 ($Million)
11.2. Middle East & Africa Polypropylene and Polypropylene Composites Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Fiber Type, 2016 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Sinopec Ltd
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. SABIC
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Formosa Plastics Corporation
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Lyondell Basell Industries N.V
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Borealis AG
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Sumitomo Chemicals
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Exxon Mobil Corporation
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. DuPont
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. INEOS
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Braskem
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
