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Polypropylene Market Report by Type, Process, Application, End User, and Region 2024-2032

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    Report

  • 148 Pages
  • March 2024
  • Region: Global
  • IMARC Group
  • ID: 5946803
The global polypropylene market size reached US$ 132.0 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 179.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2023-2032.

Polypropylene (C3H6)n, also known as polypropene, is a flexible and crystalline thermoplastic resin obtained by the polymerization reaction of propylene gas and a catalyst. It provides resistance against chemicals, heat, and extreme temperatures, which makes it safe to design plastic casings in electrical appliances, cables, and piping systems. Additionally, its flexible strength and resistance to moisture, bacteria, mold, and chemical corrosion make it ideal for medical applications, especially sterilization methods. At present, it is widely used in injection molding applications as (C3H6)n is easily molded into different shapes without altering the original product quality.

Polypropylene Market Trends:

The growing global population is increasing the sales of electrical appliances. This is positively influencing the need for (C3H6)n due to its excellent dielectric strength, insulating properties, and arc resistance. In addition, the widespread adoption of (C3H6)n in the automotive industry to manufacture lightweight, energy-efficient, and cost-effective vehicles is contributing to the market growth. In line with this, the growing concerns about the harmful emissions from conventional automobiles and the shifting consumer preference toward electric and hybrid electric vehicles (EV/HEVs) are catalyzing the demand for (C3H6)n. Apart from this, the emerging trend of online shopping and food ordering is driving the need for effective packaging materials made with (C3H6)n due to its low density, durability, and heat resistance properties. (C3H6)n minimizes food deterioration and retains the authentic flavor as it resists moisture. Consequently, it is increasingly being utilization in the food and beverage (F&B) industry for effective packaging. Furthermore, the rising prevalence of infectious diseases is catalyzing the demand for (C3H6)n in the healthcare industry for manufacturing safety kits, such as medical masks and gowns. Moreover, the growing use of (C3H6)n in various construction applications, such as air and moisture barrier membranes, carpet textiles, piping systems, and insulating building wraps, is expected to drive the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global polypropylene market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, process, application and end user.

Breakup by Type:

  • Homopolymer
  • Copolymer

Breakup by Process:

  • Injection Molding
  • Blow Molding
  • Extrusion
  • Others

Breakup by Application:

  • Film and Sheet
  • Fiber
  • Raffia
  • Others

Breakup by End User:

  • Packaging
  • Automotive
  • Building and Construction
  • Medical
  • Electrical and Electronics
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, China Petrochemical Corporation, Daelim Co. Ltd, Exxon Mobil Corporation, Formosa Plastics Corporation, HPCL-Mittal Energy Limited (HMEL), INEOS, LG Chem Ltd., LyondellBasell Industries N.V., Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Sumitomo Chemical Co. Ltd., TotalEnergies SE, Trinseo PLC and Westlake Corporation.

Key Questions Answered in This Report:

  • How has the global polypropylene market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global polypropylene market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the process?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global polypropylene market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Polypropylene Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Homopolymer
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Copolymer
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Process
7.1 Injection Molding
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Blow Molding
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Extrusion
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Film and Sheet
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Fiber
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Raffia
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End User
9.1 Packaging
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Automotive
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Building and Construction
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Medical
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Electrical and Electronics
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 BASF SE
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 China Petrochemical Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Daelim Co. Ltd
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Exxon Mobil Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Formosa Plastics Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 HPCL-Mittal Energy Limited (HMEL)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 INEOS
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 LG Chem Ltd.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 LyondellBasell Industries N.V.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Sumitomo Chemical Co. Ltd.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 TotalEnergies SE
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 Trinseo PLC
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.14 Westlake Corporation
15.3.14.1 Company Overview
15.3.14.2 Product Portfolio
15.3.14.3 Financials
List of Figures
Figure 1: Global: Polypropylene Market: Major Drivers and Challenges
Figure 2: Global: Polypropylene Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Polypropylene Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Polypropylene Market: Breakup by Type (in %), 2023
Figure 5: Global: Polypropylene Market: Breakup by Process (in %), 2023
Figure 6: Global: Polypropylene Market: Breakup by Application (in %), 2023
Figure 7: Global: Polypropylene Market: Breakup by End User (in %), 2023
Figure 8: Global: Polypropylene Market: Breakup by Region (in %), 2023
Figure 9: Global: Polypropylene (Homopolymer) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Polypropylene (Homopolymer) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Polypropylene (Copolymer) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Polypropylene (Copolymer) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Polypropylene (Injection Molding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Polypropylene (Injection Molding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Polypropylene (Blow Molding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Polypropylene (Blow Molding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Polypropylene (Extrusion) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Polypropylene (Extrusion) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Polypropylene (Other Processes) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Polypropylene (Other Processes) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Polypropylene (Film and Sheet) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Polypropylene (Film and Sheet) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Polypropylene (Fiber) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Polypropylene (Fiber) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Polypropylene (Raffia) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Polypropylene (Raffia) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Polypropylene (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Polypropylene (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Polypropylene (Packaging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Polypropylene (Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Polypropylene (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Polypropylene (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Polypropylene (Building and Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Polypropylene (Building and Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Polypropylene (Medical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Polypropylene (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Polypropylene (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Polypropylene (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Polypropylene (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Polypropylene (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: North America: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: North America: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: United States: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: United States: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Canada: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Canada: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Asia-Pacific: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Asia-Pacific: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: China: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: China: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Japan: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Japan: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: India: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: India: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: South Korea: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: South Korea: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Australia: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Australia: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Indonesia: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Indonesia: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Others: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Others: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Europe: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Europe: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Germany: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Germany: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: France: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: France: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: United Kingdom: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: United Kingdom: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Italy: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Italy: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Spain: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Spain: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Russia: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Russia: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Others: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Others: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Latin America: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Latin America: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Brazil: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Brazil: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Mexico: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Mexico: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Others: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Others: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Middle East and Africa: Polypropylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Middle East and Africa: Polypropylene Market: Breakup by Country (in %), 2023
Figure 89: Middle East and Africa: Polypropylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Global: Polypropylene Industry: SWOT Analysis
Figure 91: Global: Polypropylene Industry: Value Chain Analysis
Figure 92: Global: Polypropylene Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Polypropylene Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Polypropylene Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Polypropylene Market Forecast: Breakup by Process (in Million US$), 2024-2032
Table 4: Global: Polypropylene Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Polypropylene Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 6: Global: Polypropylene Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Polypropylene Market: Competitive Structure
Table 8: Global: Polypropylene Market: Key Players

Companies Mentioned

  • BASF SE
  • China Petrochemical Corporation
  • Daelim Co. Ltd
  • Exxon Mobil Corporation
  • Formosa Plastics Corporation
  • HPCL-Mittal Energy Limited (HMEL)
  • INEOS
  • LG Chem Ltd.
  • LyondellBasell Industries N.V.
  • Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
  • Sumitomo Chemical Co. Ltd.
  • TotalEnergies SE
  • Trinseo PLC
  • Westlake Corporation.

Methodology

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