Polypropylene-Plastic Material and Resins Market Report 2026

The polypropylene-plastic material and resins market size has grown strongly in recent years. It will grow from $134.84 billion in 2025 to $144.67 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to packaging industry growth, cost effectiveness of polypropylene, automotive plastic adoption, consumer product manufacturing, petrochemical capacity expansion.

The polypropylene-plastic material and resins market size is expected to see strong growth in the next few years. It will grow to $190.71 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to sustainable packaging demand, electric vehicle growth, recycling infrastructure development, lightweight material adoption, emerging market consumption. Major trends in the forecast period include rising demand from packaging applications, growing use in automotive lightweighting, expansion of fiber and raffia products, increased adoption in consumer goods, focus on recyclable plastic solutions.

The polypropylene-plastic material and resins market is anticipated to experience growth due to the rising demand in the automotive sector. The automotive industry encompasses various companies and organizations engaged in the development, production, and sale of motor vehicles. Polypropylene-plastic is used in the manufacturing of diverse interior components like dashboard panels, door trims, center consoles, and instrument panels. Its lightweight nature and adaptability for molding into intricate shapes make it an ideal choice for interior design in the automotive sector. For instance, in 2023, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA), a France-based international association of automobile manufacturers, the global automotive industry experienced notable growth, with total vehicle production reaching 93,546,599 units. This marked a significant increase from the 85,016,728 units produced in 2022. Hence, the surging demand in the automotive sector is a driving force behind the growth of the polypropylene-plastic material and resins market.

Major companies operating in the polypropylene-plastic material and resins market are prioritizing the development of next-generation impact copolymers to improve material performance, processing efficiency, and sustainability in packaging applications. These advancements are designed to provide enhanced mechanical strength, a reduced environmental footprint, and superior organoleptic properties while incorporating recycled and renewable feedstocks. For instance, in March 2025, LyondellBasell, a Netherlands-based petrochemical company, introduced Pro-fax EP649U, its next-generation polypropylene impact copolymer for rigid packaging. The material offers high flow properties, excellent organoleptics, and an improved flexural modulus. Developed to increase production efficiency, stack strength, and environmental performance, this solution supports the industry’s transition toward sustainable, high-performance materials without compromising product quality.

In May 2024, Dow Inc., a US-based chemical company, collaborated with SCG Chemicals Public Company Limited, a Thailand-based chemical manufacturer specializing in polypropylene, plastic materials, and resins. This collaboration aims to establish a circularity partnership in the Asia Pacific region, with the goal of transforming 200 KTA (kilo-tonnes per annum) of plastic waste into circular products. The initiative will focus on advancing recycling technologies through both mechanical and advanced methods, with initial efforts in Thailand to create a robust material ecosystem for enhanced plastic waste management.

Major companies operating in the polypropylene-plastic material and resins market are LyondellBasell Industries Holdings BV, China Petroleum & Chemical Corporation, SABIC Innovations Plastics US LLC, ExxonMobil Chemical Company, Braskem, PetroChina Company Limited, Reliance Industries Limited, Formosa Plastics Corporation, Borealis AG, Asahi Kasei Plastics North America Inc., Mitsui Chemicals Inc., INEOS AG, TotalEnergies SE, Sumitomo Chemical Co. Ltd., HMC Polymers Co. Ltd., Dow Chemical Company, BASF SE, Lotte Chemical Corporation, Westlake Corporation, INEOS Olefins & Polymers USA LLC, Chevron Phillips Chemical Company LP, Pinnacle Polymers LLC, Flint Hills Resources LLC.

Asia-Pacific was the largest region in the polypropylene market in 2025. North America was the second-largest region in the global polypropylene market. The regions covered in the polypropylene-plastic material and resins market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the polypropylene-plastic material and resins market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The polypropylene market consists of the sales of block copolymers, and random copolymers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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