As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Polypropylene Market: By Application: Injection Moulding, Fibre, Film, Other Extrusion, Blow Moulding, Extrusion Coating, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Polypropylene Market Outlook

The global polypropylene market demand reached a volume of almost 75.1 million metric tons in 2020. 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.

 

Global Polypropylene Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The Asia Pacific is the leading polypropylene market, accounting for nearly 58% of the total consumption of polypropylene. China is the largest consumer of the product within the region. The product is witnessing a rising demand from the injection moulding segment and end-user segments like the automotive sector, especially in China and other emerging economies in the Asia Pacific. Films, another major application sector for the product, is also witnessing a growing demand from the region’s food and beverage and non-woven industries.

The major importers of polypropylene are China and Turkey, followed by other European regions. Saudi Arabia continues to be the most leading exporter of the product. Polypropylene exports from Saudi Arabia are expected to further rise, due to its strong demand from Turkey, Malaysia, China, and other Asian countries.

 

Properties and Applications

Polypropylene, also known as polypropene, is a thermoplastic polymer and has an array of uses and applications. It is non-polar and partially crystalline. The market is segmented on the basis of applications into:

 

 Global Polypropylene Market By Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

  • Injection Moulding
  • Fibre
  • Film
  • Other Extrusion
  • Blow Moulding
  • Extrusion Coating
  • Others

Injection moulding is the leading application sector for polypropylene, accounting for nearly 40% of the total global application of the product.

The report also covers the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

 Global Polypropylene Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

The increasing demand from the injection moulding, along with films and fibres sectors, is driving the global polypropylene market. The rising demand for the injection moulding grade of polypropylene and a robust automotive segment in mature markets such as the United States and European countries, like Germany, France, the United Kingdom, Italy, and Spain, are driving the industry growth. The rising demand from the CPG segment, an increase in disposable income, and the growth in the automobile industry are expected to drive the market growth in the emerging regions like Brazil and Asia. Improvements in the production of propylene, along with advancement in technology, in China will result in capacity additions, which would reduce its dependency on the Middle East and other Asian countries and lower the prices of propylene. Thus, intensifying the global competition and strengthening the polypropylene market.

The growth in the application of polypropylene in caps and closure is providing further impetus to the market growth in North America and Europe. The demand for caps and closures is predicted to be dominated by the huge demand from the pharmaceutical sector and beverage industry. The demand will also be driven by the recovery of the automotive industry and the robust growth in the packaging sector. Rapid industrialization, along with improving living standard in the key regions, i.e., Asia, especially China, is expected to drive the polypropylene market. Increasing demand from the health and hygiene and CPG industry is providing further impetus to the polypropylene market growth.

The environmental norms also favour the rise in the use of polypropylene in auto parts and under-the-hood applications. The growing demand for injection moulding is leading the consumption from the auto sector, where it is used for reducing vehicle cost and weight. In Africa, the polypropylene market is expected to be driven by the food and beverage, followed by the health and hygiene industry. Continuous advancement will aid in the exposure toward low weight vehicles and the increase in the use in the automobile segment. For plastic packaging, the major demand destinations are Turkey, Egypt, and southern African nations, which will augment the polypropylene market for the forecast period. The Russian market has significantly improved in 2017, making it the key driving polypropylene market in the European region.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global polypropylene market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • LyondellBasell Industries Holdings B.V.
  • China Petroleum & Chemical Corporation (Sinopec Corp.)
  • PetroChina Company Limited
  • Braskem
  • SABIC
  • TOTAL Polymers
  • Reliance Industries Limited
  • Exxon Mobil Corporation
  • Formosa Plastics Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter’s five forces model, along with giving a SWOT analysis. The report also provides a detailed analysis of the prevailing (2016-2020) and forecast (2021-2026) price trends of the product, along with analysing the trade data of the market.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Polypropylene Market Analysis
    6.1    Figure: Global Polypropylene Historical Market (2016-2020) and Forecast (2021-2026)
    6.2    Chart: Global Polypropylene Market Breakup by Application
        6.2.1    Injection Moulding
        6.2.2    Fibre
        6.2.3    Film
        6.2.4    Other Extrusion
        6.2.5    Blow Moulding
        6.2.6    Extrusion Coating
        6.2.7    Others
    6.3    Figure: Global Polypropylene Market Breakup by Application: Historical Market (2016-2020) and Forecast (2021-2026)
        6.3.1    Injection Moulding
        6.3.2    Fibre
        6.3.3    Film
        6.3.4    Other Extrusion
        6.3.5    Blow Moulding
        6.3.6    Extrusion Coating
        6.3.7    Others
    6.4    Chart: Global Polypropylene Market Breakup by Region
        6.4.1    North America
            6.4.1.1    United State of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    United Kingdom
            6.4.2.2    Germany
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Mexico
            6.4.4.4    Others
        6.4.5    Middle East and Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Figure: Global Polypropylene Market Breakup by Region: Historical Market (2016-2020) and Forecast (2021-2026)
        6.5.1    North America
            6.5.1.1    United State of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    United Kingdom
            6.5.2.2    Germany
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Argentina
            6.5.4.3    Mexico
            6.5.4.4    Others
        6.5.5    Middle East and Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    Global Polypropylene Price Analysis
    7.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    7.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    7.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    7.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    7.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
8    Global Trade Analysis (HS Code: 390210)
    8.1    Major Importing Countries: By Value and Volume
    8.2    Major Exporting Countries: By Value and Volume
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Porter’s Five Forces Analysis
    10.1    Overview
    10.2    Buyer’s Power
    10.3    Supplier’s Power
    10.4    New Entrants
    10.5    Degree of Rivalry
    10.6    Substitutes
11    Value Chain Analysis
12    EMR’s Key Indicators for Demand
13    EMR’s Key Indicators for Price
14    Procurement Strategy

    14.1    Sourcing Strategy
    14.2    Contract Model
    14.3    Engagement Model
    14.4    Cost Analysis
    14.5    Raw Material
    14.6    Utility Cost
    14.7    Labour Cost
    14.8    Fixed Cost
    14.9    Other
15    Competitive Landscape & Supplier Analysis
    15.1    LyondellBasell Industries Holdings B.V.
        15.1.1    Company Overview
        15.1.2    Financial Analysis
    15.2    China Petroleum & Chemical Corporation (Sinopec Corp.)
        15.2.1    Company Overview
        15.2.2    Financial Analysis
    15.3    PetroChina Company Limited
        15.3.1    Company Overview
        15.3.2    Financial Analysis
    15.4    Braskem
        15.4.1    Company Overview
        15.4.2    Financial Analysis
    15.5    SABIC
        15.5.1    Company Overview
        15.5.2    Financial Analysis
    15.6    TOTAL Polymers
        15.6.1    Company Overview
        15.6.2    Financial Analysis
    15.7    Reliance Industries Limited
        15.7.1    Company Overview
        15.7.2    Financial Analysis
    15.8    Exxon Mobil Corporation
        15.8.1    Company Overview
        15.8.2    Financial Analysis
    15.9    Formosa Plastics Corporation
        15.9.1    Company Overview
        15.9.2    Financial Analysis
    15.10    Others
16    Industry Events and Developments

Additional Customisations Available:

17    Manufacturing Process
    17.1    Detailed Process Flow
    17.2    Operations Involved
    17.3    Mass Balance
18    Production Cost Analysis and Project Economics
    18.1    Land, Location and Site Development
    18.2    Construction
    18.3    Plant Machinery
    18.4    Cost of Raw Material
    18.5    Packaging
    18.6    Transportation
    18.7    Utilities
    18.8    Manpower
    18.9    Other Capital Investment

Analyst Review

The global polypropylene market demand attained a volume of nearly 75.1 million metric tons in 2020. It is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 4.4%. The polypropylene market is projected to reach a volume of around 97.2 million metric tons by 2026.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on application, the global polypropylene market can be segmented into injection moulding, fibre, film, other extrusion, blow moulding, and extrusion coating, among others, with injection moulding being the leading application sector, accounting for 40% of the total application of the product. North America, Latin America, Europe, the Middle East and Africa, Europe, and the Asia Pacific are the major regions for the polypropylene market, with Asia Pacific leading the overall global polypropylene market. The key players in the above industry are LyondellBasell Industries Holdings B.V., China Petroleum & Chemical Corporation (Sinopec Corp.), PetroChina Company Limited, Braskem, SABIC, TOTAL Polymers, Reliance Industries Limited, Exxon Mobil Corporation, and Formosa Plastics Corporation, among others.

The major drivers of the industry such as rising disposable incomes, increasing population, rising urbanisation, growing demand from the food and beverage industry, rising automotive industry, and growing technological improvements are driving the growth of the industry globally. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.

EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:

  • How has the global polypropylene market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the polypropylene market for 2021-2026?
  • What are the major industry drivers and constraints?
  • What are the major price and demand indicators of the global polypropylene market?
  • What are the price trends of the product in the industry globally?
  • Who are the key manufacturers of the product in the global polypropylene market?
  • What are the import and export trends in the global polypropylene market?
  • Who are the top importers and exporters of the product in the industry globally?
  • What is the degree of competition in the global polypropylene market?
Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3199     $2499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$ 4199     $3499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5199     $4499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Polyethylene Furanoate Market Report and Forecast 2021-2026


Global Plastic Fillers Market Report and Forecast 2021-2026



Global Industrial Rubber Market Report and Forecast 2021-2026


NEWSLETTER