The global polypropylene (PP) market size is projected to reach around US$ 115 Bn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 to 2027.
Polypropylene is one of the largest and single most organic resins in the world, commonly known as polypropene. It is a synthetic thermoplastic polymer of high molecular weight, which can easily be produced by catalytic propylene polymerization. Because of its high quality, demand is on the increase, especially in the automotive and consumer goods industries. This has offered the global polypropylene industry countless possibilities. In the worldwide polypropylene industry, the pattern of replacement with polypropylene in various sectors is also a contributing factor.
The report provides analysis of global Polypropylene market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Dynamics
A significant factor in the global polypropylene market's growth is growing demand for polypropylene from diverse end-use sectors, especially the food packaging and automotive industries. Convenient access to polypropylene, as well as strong demand for certain plastic forms that don't produce BisphenolA (BPA), endokrine disruptor that can contribute to specific health problems such as diabetes, heart diseases are the additional factors are expected to drive growth of the global polypropylene market over the forecast phase.
Fluctuating propylene costs is a significant factor limiting growth in the world's polypropylene industry. Strict environmental legislation on plastics disposal and the availability of substitutes will, also hamper the development of the global polypropylene industry in the forecast timeframe.
Regional Stance
North America held significant market share in 2019 and anticipated to govern the market amid the projected time span. The growing use of packaging in food and beverage industries is one of the key factors driving the growth of the US polypropylene industry. The United States food supply is divided amongst global companies including Tyson Foods, PepsiCo, Nestle and JBS USA. The amount of food and drink packaging products in the world is increasing. With its benefits including simple storage, portable packaging and lightweight, the versatile market for packaging is growing at a faster rate in the US.
In terms of population, the American electronics industry is the world's largest. Thanks to use of new technologies, growth in the number of R&D centers and growing customer demand, the industry is expected to stay the leader over the forecast phase. There is a steady growth of the electronics industry in the region. In addition, the market is likely to continue to grow, growing the use of polypropylene in the US, with companies investing increasingly in the electronics sector of the world. Such strong growth in various sectors is expected to raise the demand for polypropylene n near future.
Report coverage
The market research study on “Polypropylene Market (Polypropylene Market By Type: Copolymer, Homopolymer; Polypropylene Market By Application: Film & Sheet, Injection Molding, Fiber & Raffia, Blow Molding; Polypropylene Market By End User: Automotive, Packaging, Medical, Building & Construction) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Polypropylene 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 also provides competitive landscape to understand the current stance of particular player. The report covers global Polypropylene market size, and segment markets by type, application, and geography along with the information on companies operating in the market. The Polypropylene market analysis is provided for major regional markets 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 global Polypropylene market is segmented as below:
Market Segmentation
Polypropylene Market By Type
Polypropylene Market By Application
- Film & Sheet
- Injection Molding
- Fiber & Raffia
- Blow Molding
Polypropylene Market By End User
- Automotive
- Packaging
- Medical
- Building & Construction
Polypropylene Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such BASF AG, Braskem, LyondellBasell Industries Holdings B.V., Japan Polypropylene Corporation, China Petroleum & Chemical Corporation (Sinopec), SABIC (Saudi Basic Industries Corporation), Total Refining and Chemicals Business, Reliance Industries Limited,, Others.
The introduction of products as their main approach, followed by collaborations and alliances has been embraced by leading industry players. Polypropylene saw the big product releases in comparison to high-efficiency and narrower device goods.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Polypropylene
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Polypropylene Market By Type
1.2.2.1. Global Polypropylene Market Revenue and Growth Rate Comparison By Type (2015-2027)
1.2.2.2. Global Polypropylene Market Revenue Share By Type in 2018
1.2.2.2.1. Copolymer
1.2.2.2.2. Homopolymer
1.2.3. Polypropylene Market By Application
1.2.3.1. Global Polypropylene Market Revenue and Growth Rate Comparison By Application (2015-2027)
1.2.3.1.1. Film & Sheet
1.2.3.1.2. Injection Molding
1.2.3.1.3. Fiber & Raffia
1.2.3.1.4. Blow Molding
1.2.4. Polypropylene Market By End User
1.2.4.1. Global Polypropylene Market Revenue and Growth Rate Comparison By End User (2015-2027)
1.2.4.2. Automotive
1.2.4.3. Packaging
1.2.4.4. Medical
1.2.4.5. Building & Construction
1.2.5. Polypropylene Market By Geography
1.2.5.1. Global Polypropylene Market Revenue and Growth Rate Comparison By Geography (2015-2027)
1.2.5.2. North America Polypropylene Market Revenue and Growth Rate(2015-2027)
1.2.5.3. Europe Polypropylene Market Revenue and Growth Rate(2015-2027)
1.2.5.4. Asia-Pacific Polypropylene Market Revenue and Growth Rate(2015-2027)
1.2.5.5. Latin America Polypropylene Market Revenue and Growth Rate(2015-2027)
1.2.5.6. Middle East and Africa (MEA)Polypropylene Market Revenue and Growth Rate(2015-2027)
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, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Polypropylene Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Polypropylene Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Polypropylene Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Polypropylene Major Manufacturers in 2018
CHAPTER 4. POLYPROPYLENE MARKET BY TYPE
4.1. Global Polypropylene Revenue By Type
4.2. Copolymer
4.2.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
4.3. Homopolymer
4.3.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
CHAPTER 5. POLYPROPYLENE MARKET BY APPLICATION
5.1. Global Polypropylene Revenue By Application
5.2. Film & Sheet
5.2.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
5.3. Injection Molding
5.3.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
5.4. Fiber & Raffia
5.4.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
5.5. Blow Molding
5.5.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
CHAPTER 6. POLYPROPYLENE MARKET BY END USER
6.1. Global Polypropylene Revenue By End User
6.2. Automotive
6.2.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
6.3. Packaging
6.3.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
6.4. Medical
6.4.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
6.5. Building & Construction
6.5.1. Market Revenue and Growth Rate, 2015 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA POLYPROPYLENE MARKET BY COUNTRY
7.1. North America Polypropylene Market Revenue and Growth Rate, 2015 - 2027 ($Million)
7.2. North America Polypropylene Market Revenue Share Comparison, 2015 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Polypropylene Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
CHAPTER 8. EUROPE POLYPROPYLENE MARKET BY COUNTRY
8.1. Europe Polypropylene Market Revenue and Growth Rate, 2015 - 2027 ($Million)
8.2. Europe Polypropylene Market Revenue Share Comparison, 2015 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC POLYPROPYLENE MARKET BY COUNTRY
9.1. Asia-Pacific Polypropylene Market Revenue and Growth Rate, 2015 - 2027 ($Million)
9.2. Asia-Pacific Polypropylene Market Revenue Share Comparison, 2015 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA POLYPROPYLENE MARKET BY COUNTRY
10.1. Latin America Polypropylene Market Revenue and Growth Rate, 2015 - 2027 ($Million)
10.2. Latin America Polypropylene Market Revenue Share Comparison, 2015 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA POLYPROPYLENE MARKET BY COUNTRY
11.1. Middle East & AFRICA Polypropylene Market Revenue and Growth Rate, 2015 - 2027 ($Million)
11.2. Middle East & AFRICA Polypropylene Market Revenue Share Comparison, 2015 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
11.5. Rest of Middle East & AFRICA
11.5.1. Market Revenue and Forecast By Type, 2015 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By End User, 2015 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. BASF AG
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Braskem
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. LyondellBasell Industries Holdings B.V.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Japan Polypropylene Corporation
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. China Petroleum & Chemical Corporation (Sinopec)
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. SABIC (Saudi Basic Industries Corporation)
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Total Refining and Chemicals Business
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Reliance Industries Limited
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Others
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. 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
