Polypropylene Industry Research Report Specifications, Market Trends And 2023

Posted by Moin Patni on February 7th, 2019

Polypropylene Market Key Players:

Some of the major players functioning in the global polypropylene market are The Dow Chemical Company (U.S.), LyondellBasell (U.S.), Exxon Mobil Corporation (U.S.), SABIC (Saudi Arabia), INEOS (Switzerland.), LANXESS (Germany), Chevron Phillips Chemical Company (U.S.), Eni S.p.A. (Italy), BASF SE (Germany), and LG Chem (South Korea) among others.

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Polypropylene Market Segmentation:

Polypropylene is segmented into application. On the basis of application, the market is further categorized into agriculture, automotive, construction, packaging, electrical & electronics. Among these, automotive segment holds a major share in the market owing to growing use of plastic materials to produce high performance and efficient vehicles. The investors in the agriculture industry are encouraging the manufacturers to use lightweight materials in increasing the quality and the production of food in the agriculture segment.

Polypropylene Market Regional Analysis:

The polypropylene market is segmented across five regions in the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing demand for polymers in agriculture, automotive, construction, packaging, electrical & electronics. The automotive segment is predicted to witness a rapid growth in the market, due to the growing consumption of low-density materials to produce high standard and efficient vehicles in countries such as China, Japan and India are the major players in the market.

The North American region is growing significantly in the market due to the increasing demand for thermoplastic materials in construction and buildings, medical and automobile sectors. It is predicted that the high disposable income and heavy investments in major industries is set to drive the automobile segment to lead the market during the forecast period. The growing demand of polypropylene glycol and propylene glycol in pharmacy, healthcare and automotive industries has propelled the countries such as the U.S., Canada and Mexico to achieve a stunning growth in the market.

Polypropylene Market Overview:

Polypropylene is a thermoplastic material which is used for manufacturing fibers or molded materials. It offers good mechanical and chemical resistance along with translucent features. Excellent stiffness, flexibility and lightweight properties are the important trends and factors promoting the market confidently. Owing to these factors, they are used in various applications such as agriculture, automotive, construction, packaging, electrical & electronics, and others.

Polypropylene Market Table of Content:

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Polypropylene Market

Polypropylene Market Table of Content to be Continue...….,

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Moin Patni

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Moin Patni
Joined: February 20th, 2018
Articles Posted: 412

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