Polypropylene Market Expected to Grow at 99.17 Billion In Revenue by 2022

According to Market Study Report, Polypropylene Market provides a comprehensive analysis of the Polypropylene Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The Polypropylene Market size is estimated at USD 75.40 Billion in 2017 and projected to reach USD 99.17 Billion by 2022, at a CAGR of 5.6% between 2017 and 2022. This report spread across 154 Pages, Profiling 10 Companies and Supported with 119 Tables and 50 figures are now available in this research.

Top Key Players Profiled in the Polypropylene Market:
• eLyondel lBasell (The Netherlands)
• SABIC (Saudi Arabia)
• Exxon Mobil Corporation (US)
• DuPont (US)
• INEOS (Switzerland)
• Total S.A. (France)
• Formosa Plastics Group (Taiwan)
• China Petrochemical Corporation (China)
• LG Chem (South Korea)
• Sumitomo Chemicals (Japan)

Homopolymers are the most-widely used polypropylene type, and are also known as Polypropylene Homopolymers (PPH). Homopolymers provide high strength to weight ratio and are stiffer than copolymers. The excellent chemical resistance and weld ability enable the use of thepolypropylene homopolymer for various corrosion resistant structures.

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Injection molding application is projected to account for the major share of the overall polypropylene market in terms of volume during the forecast period. This is associated with the large demand for polypropylene for the manufacture of molded plastic products due to the features of polypropylene, such as low density, excellent moisture resistance, high impact strength, and chemical resistance.

Breakdown of primary participants’ profile:
• By Company Type - Tier 1 – 50%, Tier 2 – 37%, and Tier 3 – 13%
• By Designation - Director Level – 31%, C level – 23%, and Others* – 46%
• By Region - North America – 17%, Europe – 32%,AsiaPacific– 31%, South America –13%, Middle East & Africa – 7%

Competitive Landscape of Polypropylene Market:
1 Overview
2 Market Share Analysis
3 Competitive Scenario
3.1 Expansions
3.2 Joint Ventures
3.3 Acquisitions
3.4 New Product Launch

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Research Coverage:
This research report categorizes the polypropylene market on the basis of type, application, and region. The report includes detailed information regarding the major factors influencing the growth of the polypropylene market, such as drivers, restraints, challenges, and opportunities.

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This release was published on openPR.