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Polypropylene and Polypropylene Composites Market Analysis,Growth and New Market Opportunities by 2025 Borealis AG, Sumitomo Chemicals, Exxon Mobil Corporation, Sinopec Ltd, SABIC, Formosa Plastics Corporation
Polypropylene and Polypropylene Composites Market for Injection Molding, By Product (Polypropylene (PP) and Polypropylene Composites), Fiber Type (Glass Fiber, Carbon Fiber and Others), and Application (Packaging, Building & Construction, Automotive, Electrical & Electronics and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025”. According to the report, the global polypropylene and polypropylene composites market was pegged at $41.94 billion in 2017 and is projected to garner $84.42 billion by 2025, registering a CAGR of 8.3% during the period 2018–2025.Growth Drivers and Industry Trends
Global polypropylene and polypropylene composites market for injection molding is divided on the basis of product, fiber type, application, geography. Based on product, the market is segmented into polypropylene (PP) and polypropylene composites. The polypropylene (PP) segment held the largest share in 2017, contributing nearly two-thirds of the total market. However, the polypropylene composites segment is projected to manifest the fastest CAGR of 8.9% during the forecast period.
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Segmentation Analysis of the Industry
Based on fiber type, the market is divided into carbon fiber, glass fiber, and others. The glass fiber segment is expected to register the fastest CAGR of 10.2% during the study period, owing to increase in trend of using injection molding for processing polypropylene glass fiber composites.
On the basis of application, the market is segmented into packaging, building & construction, automotive, electrical & electronics, and others (textiles & consumer products). The packaging segment held the largest share in 2017, contributing nearly two-fifths of the total market. However, the automotive segment is estimated to portray the fastest CAGR of 11.1% through 2025.
Based on geography, the market is analyzed in various regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA). North America region dominated the market in terms of revenue, contributing more than one-third of the total market. However, the market in the Asia-Pacific region is projected to grow at a CAGR of 9.6% during the forecast period.
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Industry Key Players
The report includes in-depth analysis of the major market players such as Sumitomo Chemicals, Borealis AG, Sinopec Ltd, Exxon Mobil Corporation, Formosa Plastics Corporation, SABIC, DuPont, Lyondell Basell Industries N.V., INEOS, and Braskem.
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injection molding is expected to create lucrative opportunities in the near future.
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April 10, 2019 09:34 ET | Source: Allied Market Research
Portland, OR, April 10, 2019 (GLOBE NEWSWIRE) -- Allied Market Research recently published a report, titled, “Polypropylene and Polypropylene Composites Market for Injection Molding, By Product (Polypropylene (PP) and Polypropylene Composites), Fiber Type (Glass Fiber, Carbon Fiber and Others), and Application (Packaging, Building & Construction, Automotive, Electrical & Electronics and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025”. According to the report, the global polypropylene and polypropylene composites market was pegged at $41.94 billion in 2017 and is projected to garner $84.42 billion by 2025, registering a CAGR of 8.3% during the period 2018–2025.
Growth Drivers and Industry Trends
Global polypropylene and polypropylene composites market for injection molding is divided on the basis of product, fiber type, application, geography. Based on product, the market is segmented into polypropylene (PP) and polypropylene composites. The polypropylene (PP) segment held the largest share in 2017, contributing nearly two-thirds of the total market. However, the polypropylene composites segment is projected to manifest the fastest CAGR of 8.9% during the forecast period.
Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/4636
Segmentation Analysis of the Industry
Based on fiber type, the market is divided into carbon fiber, glass fiber, and others. The glass fiber segment is expected to register the fastest CAGR of 10.2% during the study period, owing to increase in trend of using injection molding for processing polypropylene glass fiber composites.
On the basis of application, the market is segmented into packaging, building & construction, automotive, electrical & electronics, and others (textiles & consumer products). The packaging segment held the largest share in 2017, contributing nearly two-fifths of the total market. However, the automotive segment is estimated to portray the fastest CAGR of 11.1% through 2025.
Based on geography, the market is analyzed in various regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA). North America region dominated the market in terms of revenue, contributing more than one-third of the total market. However, the market in the Asia-Pacific region is projected to grow at a CAGR of 9.6% during the forecast period.
Do Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/4636
Industry Key Players
The report includes in-depth analysis of the major market players such as Sumitomo Chemicals, Borealis AG, Sinopec Ltd, Exxon Mobil Corporation, Formosa Plastics Corporation, SABIC, DuPont, Lyondell Basell Industries N.V., INEOS, and Braskem.
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Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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