Global Polypropylene Market to Reach $170.5 Billion by 2030
The global market for Polypropylene estimated at US$114.6 Billion in the year 2022, is projected to reach a revised size of US$170.5 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030. Homopolymer, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$108 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Copolymer segment is readjusted to a revised 4.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $31.2 Billion, While China is Forecast to Grow at 8.6% CAGR
The Polypropylene market in the U.S. is estimated at US$31.2 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$37.2 Billion by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.Select Competitors (Total 92 Featured) -
- BASF SE
- Brahmaputra Cracker and Polymer Limited (BCPL)
- Braskem SA
- China Petroleum & Chemical Corporation (SINOPEC)
- E. I. du Pont De Nemours and Company
- Eastman Chemical Company
- Exxon Mobil Corporation
- Formosa Plastics Group
- Haldia Petrochemicals Limited
- HPcl- Mittal Energy Ltd.
- Ineos Group AG
- LG Chem
- Lotte Chemical UK Ltd.
- LyondellBasell Industries NV
- Reliance Industries Ltd.
- SABIC (Saudi Basic Industries Corporation)
- SACO AEI Polymers
- Sumitomo Chemical Co., Ltd.
- Total SA
- Trinseo LLC
- Westlake Chemical Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Brahmaputra Cracker and Polymer Limited (BCPL)
- Braskem SA
- China Petroleum & Chemical Corporation (SINOPEC)
- E. I. du Pont De Nemours and Company
- Eastman Chemical Company
- Exxon Mobil Corporation
- Formosa Plastics Group
- Haldia Petrochemicals Limited
- HPcl- Mittal Energy Ltd.
- Ineos Group AG
- LG Chem
- Lotte Chemical UK Ltd.
- LyondellBasell Industries NV
- Reliance Industries Ltd.
- SABIC (Saudi Basic Industries Corporation)
- SACO AEI Polymers
- Sumitomo Chemical Co., Ltd.
- Total SA
- Trinseo LLC
- Westlake Chemical Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 303 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 114.6 Billion |
Forecasted Market Value ( USD | $ 170.5 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |