Global Polypropylene Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

Latest 2023 Developments of the Global Polypropylene Market

Global Polypropylene Market, with the introduction of new resin grades that give higher clarity and faster cycling despite the stresses has seen innovation. SABIC opened a new PP pilot facility in Geleen lately. It will aid in the development of goods with better stiffness, impact resistance, and flow qualities. Celanese has produced a cellulose acetate product line that can be used to make backyard composting or biodegradable items such as straws. Due to growing petroleum prices and global environmental measures, thermoplastic elastomer manufacturers are producing bio-based TPE materials that equal the hardness and performance of their fully synthetic counterparts.

Mergers And Acquisition:

• On 04 April 2020, Borealis acquired full ownership of NOVA Chemicals.
• On 01 Jan 2021, INEOS completed the acquisition of BP’s global Aromatics & Acetyls business.
• On 03 Sept 2020, INEOS completed the acquisition of the Ashland Composites Business.
• On 17 June 2020, Aramco announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC).
• On 19 June 2021, Dow Chemical and DuPont declared their intention to merge to form the world's largest chemical corporation.
• On 02 Oct 2020, LyondellBasell and Sasol formed Integrated Polyethylene Joint Venture.

Global Polypropylene Market Synopsis

Growing construction projects and the surging packaging industry coupled with rising industrialization globally have driven the demand for the Polypropylene market globally. Moreover, the growing packaging industry in various verticals including food, cosmetics, and healthcare products would drive the Polypropylene market growth in the next six years as well. Further, the trend of replacing metal with polypropylene would drive the market demand for Polypropylene throughout the coming years.

According to 6Wresearch, the Global Polypropylene Market size is anticipated to register growth during 2019-2025. Packaging vertical acquired a major revenue share in 2018 and is expected to lead the demand during the forecast period owing to its properties, such as resistance to high temperature and flexibility. Moreover, polypropylene being BPA-free is also used in the packaging of food, beverages, and cosmetic products resulting in a further surge in market demand from consumer goods and the food and beverage industry.

The Asia Pacific is the leading region in the global polypropylene market registering maximum revenues over the past five years owing to the high government investment in setting up the automotive and industrial sectors. However, Europe is projected to register maximum growth in the Polypropylene market throughout the forecast period.

The Global Polypropylene market report thoroughly covers the market by types, verticals, and regions including North America, Latin America, APAC, Europe, and the Rest of the World, and key countries. The global Polypropylene market outlook report provides an unbiased and detailed analysis of the ongoing global Polypropylene market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global polypropylene increased food and beverage packaging and drove market growth. The market is expected to grow more and at a steady pace. The presence of substitutes for global polyethene can restrain the market growth. Opportunities, major drivers, and restraints that have opportunities have been covered in the exhaustive picture of the market. This report provides in-depth analysis of the information regarding the development of polypropylene in the market by following trends, and regulations implemented according to the geographical regions.

According to the research of polypropylene, the market is the key industry of the players and revenue contribution to the overall business that segments the aligned that going to cover the part of competitiveness and intelligence in the second research. According to the press releases, industry associations, investor presentations, and analyst reports it is secondary research.

Key Highlights of the Report:

• Global Polypropylene Market Overview
• Global Polypropylene Market Outlook
• Global Polypropylene Market Forecast
• Historical Data of Global Polypropylene Market Revenues for the Period 2015-2018
• Global Polypropylene Market Size and Global Polypropylene Market Forecast of Revenues, Until 2025
• Historical Data of Global Polypropylene Market Revenues, By Types, for the Period 2015-2018
• Market Size & Forecast of Global Polypropylene Market Revenues, By Types, Until 2025
• Historical Data of Global Polypropylene Market Revenues, By Verticals, for the Period 2015-2018
• Market Size & Forecast of Global Polypropylene Market Revenues, By Verticals, Until 2025
• Historical Data of North America Polypropylene Market Revenues, for the Period 2015-2018
• Market Size & Forecast of North America Polypropylene Market Revenues, Until 2025
• Historical Data of Latin America Polypropylene Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Latin America Polypropylene Market Revenues, Until 2025
• Historical Data of Europe Polypropylene Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Europe Polypropylene Market Revenues, Until 2025
• Historical Data of Asia Pacific Polypropylene Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific Polypropylene Market Revenues, Until 2025
• Market Drivers and Restraints
• Global Polypropylene Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Polypropylene Market Share, By Players
• Global Polypropylene Market Share, By Regions
• Global Polypropylene Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Polypropylene Market report provides a detailed analysis of the following market segments:

By Types:

• Homopolymer
• Copolymer

By Verticals:

• Packaging
• Automotive
• Building & Construction
• Electrical & Electronics
• Others

Regions: 

• North America
• Latin America
• Europe
• Asia-Pacific
• Rest of the World

Global Polypropylene Market: FAQs