|02-11-2019 01:01 PM CET - Business, Economy, Finances, Banking & Insurance||
Global PP Powder Market 2019 is growing at a CAGR of 3.5% upto 2024 and expected to reach around USD 4260 million globally by 2024
Press release from: Apex Market Research
PP powder is powdered solids of natural color, free of additives. PP powder grade is mainly used to produce general-purpose products such as ropes, woven bags, packaging tapes, toys, daily necessities and non-woven fabric.
China is the main PP Powder manufacturing region. By the end of 2016, there are more than 80 manufacturers in China and most of them are private company with small capacity.
The added value of Polypropylene powder products is not high and it can be highly substitutable by PP granule. In the last few months, there are some producers stopping production.
In terms of volume, the global PP Powder Production was 2692.9 K MT in 2016, and it is predicted to reach 3165.6 K MT in 2023. At present, the major manufacturers of PP Powder are concentrated in Sinopec, CNPC and many private companies. Sinopec is the world leader, holding 8.49% production market share in 2016.
According to this study, over the next five years the PP Powder market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 4260 million by 2024, from US$ 3480 million in 2019.
Apex Market Research, recently published a detailed market research study focused on the “PP Powder Market 2019” across the global, regional and country level. PP Powder Market Research Report highlights extensive market insights of the PP Powder industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the PP Powder market for the forecast period. The study shares “PP Powder” performance both in terms of volume and revenue.
Key Manufacturers Analysis of This Report
Hong Ji Petrochemcial
Tianli High New industry
Dongfang Hongye Chemical
Qi Wangda Group
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The report exhibits PP Powder market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise PP Powder production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the PP Powder Market based on major product types, application and end users industries of PP Powder. Besides, the report also covers geographical segregation for PP Powder Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Plastic Woven Industry
Homopolymer Injection Products
The competitive landscape of the global market for PP Powder is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, PP Powder Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the PP Powder Market globally.
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The Global PP Powder Market 2019 is further emphasis on the basis of product pricing, PP Powder production volume, data pertaining to demand and PP Powder supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of PP Powder along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for PP Powder across the globe.
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This release was published on openPR.
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