Global Polypropylene Market: Technology, Future Trends, Market Opportunities 2018 & Key Players: Dupont, INEOS, Total S.A, Formosa Plastics Group

Global Polypropylene Market Analysis By Types (homopolymer, random copolymer and block copolymer), by Applications (injection and molding, film and sheet, blow molding and others) and by End-use (automotive, packaging, healthcare, construction and others) and Forecast 2017-2025

Market Scenario:

Polypropylene (PP), a thermoplastic polymer used in a wide variety of applications.  It is the second largest plastic used all over the world after polyethylene in volume. It is widely adopted in both consumer and industrial uses mainly owing to the features possessed such as: easily injection molding, good viscosity, highly resistant to most acids and bases. 

Request a sample of this premium report at @ http://bit.ly/2FicwqM

Higher preference of polypropylene over the metals in various sectors such as automotive, healthcare and others forms the significant factor in raising the demand, thereby propelling the market growth. The increased demand is mainly due to the features possessed such as design freedom, light weight, production improvements and cost savings. However the growing concern over the environmental impact caused by the plastics may result in hampering the market growth. The high material strength possessed by polypropylene increases its demand specifically in consumer goods and automotive sectors, hence generating more market opportunities.

Market Segmentation:

The global polypropylene market is segmented majorly on the basis of types, application and end-use. On the basis of type the market is bifurcated into: homopolymer, random copolymer and block copolymer. Based on the applications the market is segmented into: injection and molding, film and sheet, blow molding and others. Based on the end-use the market is segmented into: automotive, packaging, healthcare, construction and others.

Regional Analysis:

Based on the regions covered the polypropylene market is analysed across North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa).  Asia-Pacific is expected to dominate the market mainly due to the increased production and consumption of polypropylene in the countries such as China, India and others. Increased adoption of polypropylene in the sectors such as textile, construction and industrial sectors also forms one of the significant factors in propelling the market growth. For instance: On January, 2017 South Korean based company Hyosung Group announced its investment of $1.2 billion for polypropylene manufacturing plant. Increased adoption of polypropylene by automotive companies especially in the countries such as Germany, France and others has led Europe to evolve as fastest growing region.

Get Exclusive Discount Up To 50%, Click Here @ http://bit.ly/2ACwgCv

Key Players:

The major key vendors in the polypropylene market are: Lyondellbasell Industries Holdings B.V., SABIC, Exxon Mobil, Dupont, INEOS, Total S.A, Formosa Plastics Group (FPG), China Petrochemical Corporation, LG Chem, and Sumitomo Chemical.

Global Polypropylene Market Segmentation:

By Type:

• Homopolymer

• Random Copolymer

• Block Copolymer

By Applications:

• Injection Molding 

• Fiber & Raffia 

• Film & Sheet 

• Blow Molding 

• Others

By End-Use

• Packaging 

• Automotive 

• Building & Construction 

• Medical 

• Electrical & Electronics 

• Others

Regions Covered:

• North America (U.S and Canada)

• Europe (Germany, France, Italy and Rest of Europe)

• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)

• LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)

Last, It offers in-depth information obtained through extensive primary and secondary research methods. The information has been further assessed using various effective analytical tools.

About Us:
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.

Contact Us:
Mr. Kevin Thomas
+1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: sales@garnerinsights.com

This release was published on openPR.