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Polypropylene Market Size Estimated to Observe Significant Growth by 2023

Polypropylene Market Size Estimated to Observe Significant Growth by 2023

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Polypropylene Market Size Estimated to Observe Significant Growth by 2023

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  1. ©2019 Transparency Market Research, All Rights Reserved Polypropylene Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

  2. ©2019 Transparency Market Research, All Rights Reserved About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

  3. ©2019 Transparency Market Research, All Rights Reserved Global Polypropylene Market: Key Highlights • The global demand for polypropylene stood nearly US$ 100 Bn in 2018 and is projected to reach over US$ 164 Bn by 2027. • Increasing demand for polypropylene in the food & beverages packaging industry coupled with rising demand for lightweight vehicles is expected to boost growth of the polypropylene market in the next few years. • Polypropylene, a thermoplastic polymer, is manufactured by catalytic polymerization of propylene. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

  4. ©2019 Transparency Market Research, All Rights Reserved Global Polypropylene Market: Segmental Insights • Automotive, packaging and construction are major growth contributor to global polypropylene market. • Superior barrier properties, good surface finish and high tensile strength make ideal material polypropylene is facing strong competition from polyethylene. for packaging. However, • In terms of volume, packaging accounted for more than 45% share in global polypropylene market in 2018. • Polypropylene has distinguished utilities in both flexible and rigid packaging due to its ability to resist strong chemicals and high temperature. • Polypropylene films offer phenomenal optical clarity and low moisture transmission and hence preferred material for food packaging.

  5. ©2019 Transparency Market Research, All Rights Reserved Global Polypropylene Market: Regional Insights • In terms of volume, Asia Pacific accounted for nearly 55% share of the global polypropylene market in 2018 and is estimated to increase its share by 2027. • High demand for polypropylene is anticipated in China, India, Brazil, and countries in ASEAN due to increasing demand for food containers. • However, consumer shift to ecofriendly material is likely to hamper the growth of the market in the coming years. • The market in Latin America is expected to expand at an above-average rate due to high demand for polypropylene in packaging, automotive, and construction industries.. ©2019 Transparency Market Research, All Rights Reserved

  6. ©2019 Transparency Market Research, All Rights Reserved Key Players in the Global Algae Market • • • • • • • BASF SE LyondellBasell Industries N.V. Total S.A. Braskem SABIC Sinopec Borealis AG ©2019 Transparency Market Research, All Rights Reserved

  7. ©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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