Commodity Plastic Market Foreseen to Draw a Promising Growth of 4.60% by 2022

Polypropylene is the most common plastic available on the earth as well as it is also the most common polymer which is used on a daily basis and is chemically synthesized from ethylene. Polypropylene can be majorly used in a broad of products such as plastic bags, plastic containers and plastic films and many more. Apart from its several benefits, Polypropylene can be harmful for environment where several regulation and policies have been made by US and Canada government to control pollution. Moreover, the growing demand and consumption for polypropylene mainly depends on several factors like government and environmental issues and the trends in demand for various products made from PP.

To Know More Enquire @ https://www.marketresearchfuture.com/statistical-reports/enquiry/2895 .

Polypropylene (PP) is one of the thermoplastic polymer which is majorly used in wide range of applications such as packaging and labelling, plastic parts, textiles, consumer electronics, automotive components and others. Polypropylene is the second most widely produced synthetic plastic with an annual demand of 63.1 MMT and as per MRFR analysis, the global demand will expect to reach 85.9 MMT by 2022 at a CAGR of 4.60%. The major factors that have driven the polypropylene market are increasing capacity expansion by Chinese manufacturers, growing demand from APAC region, decreasing prices and huge investments.
Geographically, Asia-Pacific is the largest market for Polypropylene which holds a strong market share of 48.5% in 2015. In terms of value, the global market revenue of polypropylene is expected to grow with a CAGR of 5.49%, where Asia-Pacific’s contribution to the global market is worth appreciating. China is one of the major producer of PP which makes it an attractive market for investors. Moreover, North America and Europe holds the second and third position in terms of value and volume. Additionally, the North American chemical giants such as Formosa, Rextac and others have also planned to invest in a new projects, which will further increase the capacity expansion to reduce imports.
Market Research future through this report aims to provide understanding of the global Commodity Plastic Market for Polypropylene, by region, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global Commodity Plastic Market for Polypropylene.

List of Tables
TABLE 1 GLOBAL POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 2 GLOBAL POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
TABLE 3 NORTH AMERICA POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 4 NORTH AMERICA POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022)(MMT)
TABLE 5 EUROPE POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD MILLION)
TABLE 6 EUROPE POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
TABLE 7 ASIA-PACIFIC POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 8 ASIA-PACIFIC POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
TABLE 9 ROW POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 10 ROW POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)

List of Figures
FIGURE 1 GLOBAL POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGION, 2015 (%)
FIGURE 2 GLOBAL POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, 2014-2022 (USD BILLION)
FIGURE 3 GLOBAL POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, 2014-2022 (MMT)
FIGURE 4 NORTH AMERICA POLYPROPYLENE MARKET SHARE (%) (2015)
FIGURE 5 EUROPE POLYPROPYLENE MARKET SHARE (REVENUE) (%) (2015)
FIGURE 6 ASIA-PACIFIC POLYPROPYLENE MARKET SHARE (REVENUE) (%) (2015)
FIGURE 7 ROW POLYPROPYLENE MARKET SHARE (REVENUE) (%) (2015)

Purchase Exclusive Statistical Reports Just Only $299 @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=2895 .

Browse similar research report of “Global Commodity Plastic Market For Polystyrene - Forecast to 2022”

Polystyrene is a synthetic aromatic polymer manufacture from the monomer styrene basically polystyrene is a vinyl polymer. Structurally, it is a long hydrocarbon chain, with a phenyl group attached to every other carbon atom. Polystyrene is an economical and hard plastic in form of solid or foamed. Polystyrene has found numerous application such as automotive industry, electronics, thermal insulation industries, pharmaceuticals, consumer industry, packaging industry, construction industry. Polystyrene can easy to recycling this can be an opportunity for the expanded polystyrene industry.
Furthermore, polystyrene is a non-biodegradable it takes a lot of years to decompose. Polystyrene cause great harm to the environment in the form of water, air, and land pollution. Polystyrene have the toxic elements such as styrene and benzene, suspected carcinogens and neurotoxins which cause to hazardous to humans it also cause the ozone depletion and on global warming. A 1986 EPA report on solid waste named the polystyrene manufacturing process as the fifth largest creator of hazardous waste in the United States. This is expected to hamper the market demand in coming years.
Geographically, Asia-Pacific has a major impact on Global Commodity Plastic Market for Polystyrene. This region has accounted the market share of 39% in 2015 due to the major driving factors such as rising rate of globalization and industrialization owing to this, the demand for polystyrene has boosted in different application industries such as packaging, consumer goods, electronics and others. China is one of the major consumer of polystyrene across the globe. Followed by APAC, North America is the second largest market growing at a moderate CAGR due to the stagnant and matured economy.
Market Research future through this report aims to provide understanding of the global color master batch market on the basis of application, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global color master batch market.

Browse Full Report @ https://www.marketresearchfuture.com/statistical-reports/commodity-plastic-polystyrene-market-2896 .

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: salesteam@marketresearchfuture.com

This release was published on openPR.