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Polypropylene Market

The study segments the Polypropylene industry in light of major classification such as product type, potential markets, application, and end-user.

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Polypropylene Market

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  1. Polypropylen e Market To Reach USD 155.57 Billion By 2026

  2. Market Summary The global polypropylene market is expected to reach USD 155.57 Billion by 2026, according to a new report by Reports and Data. Polypropylene is the second-most commonly produced plastic, in terms of volume, after polyethylene. The global production of polypropylene resin is 56.0 Million Metric Tons in 2018 and is projected to reach around 88.0 Million Metric Tons by 2026, growing at a rate of approximately 5.7%. Increasing demand for polypropylene from the packaging industry is estimated to stimulate market demand in the forecast period. Superior barrier properties, high tensile strength, better surface finish, and low cost allows polypropylene to be an ideal product for numerous packaging applications. Further key findings from the reportsuggest: Synthetic Polymers held a major market share in 2018 and are expected to grow at a moderate rate in the forecast period which is attributed to its widespreadapplication in severalindustries. By grade, homopolymers are expected to grow at a rate of 5.0% in the forecast period. Homopolymers have a high strength-to-weight ratio and are rigid and sturdier than the copolymer. These properties, along with a good chemical resistance and weldability, make this grade of polypropylene a suitable material in many corrosion resistant structures. The application of polypropylene in the automotive sector is expected to grow at a rate of 6.3% in the forecast period owing to the increasingdemand for lightweight vehicles. • • •

  3. Market Summary Key Players: SABIC, Exxon Mobil, Dupont, INEOS, Lyondellbasell Industries Holdings B.V., Total S.A., Formosa Plastics Group, China Petrochemical Corporation, LG Chem, and Sumitomo Chemical, among others Segmentation: Type Outlook (Volume, Kilo Tons;2016-2026 and Revenue,USD Million; 2016-2026) • Synthetic • Bio-Based Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016- 2026) • Plastics • Fibers Fill in your details to get your hands on an Exclusive Sample of this Report @https://www.reportsanddata.com/sample-enquiry-form/1663

  4. Market Summary Regional Outlook for Industrial Filters Market analyses the following geographies: North America (United States} Europe (France, UK) Asia-Pacific (China, Japan, India) South America (Brazil) Middle East and Africa Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/1663

  5. Major highlights of the report: An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market •

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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