openPR Logo
Press release

Polypropylene Powder Market Growth, Analysis, Size, Trends, Emerging Factors, Demands, Key Players, Emerging Technologies and Potential of Industry Till 2028

12-03-2021 01:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fortune business insights

Polypropylene Powder Market

Polypropylene Powder Market

The global polypropylene powder market size is projected to expand speedily owing to the extensive utilization of polypropylene derivatives in the food and beverages industry, finds Fortune Business Insights™ in its report, titled “Polypropylene Powder Market, 2021-2028”.
There has been an increasing demand for polypropylene powder in packaged food products and beverages due to its resistance to absorbing moisture and the ability to work both as a plastic material and as a fiber. Moreover, polypropylene (PP) turns into liquid form when it reaches its melting and in this form, it can be molded into any shape, which is one of the most important properties that make its adoption extensive in the food and beverage industry. Even more significantly, this polymer powder does not react with acids and therefore, packaging foods and drinks with high acidic content in PP-based boxes, cartons, etc. is a viable option for food companies. Further, polypropylene is easily available and also relatively inexpensive, which in turn has resulted in the growth of this market.
However, polypropylene is highly flammable and non-biodegradable, and thus, it can cause harm to the environment. These properties may hinder the growth of this market.
Get Sample PDF Brochure:
Market Segmentation:
On the basis of type, this market is classified into extrude grade, general grade, coated grade, and spinning grade. Based on application, the market is divided into plastic woven industry, homopolymer injection products, fiber products, and others. By geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
This research report offers an in-depth study of the driving factors, restraints, and trends shaping the growth of this market. In addition, this report offers a worm’s eye-view evaluation of the market segments and regional developments in the market. Further, this report also incorporates a granular analysis of the strategies adopted by the key players in this market.
Development of Bio-based PP to Open New Growth Avenues for the Market
With plastic pollution escalating worldwide, the demand for biodegradable polymers has heightened over the last decade or so. This has led to intense research targeted towards the development of bio-based polypropylene powders, materials, and other PP derivatives, with several large chemical companies making huge investments in augmenting the production of such materials. In October 2019, for instance, Borealis and Neste entered into a partnership to accelerate the circular plastic economy. Under their agreement, Borealis leveraged Neste’s renewable propane to produce biodegradable PP from 2019 onward. Similarly, earlier in 2019, in June, Mitsui Chemicals unveiled its Bio-Polypropylene Project at the G20 Ministerial Meeting in Osaka, Japan. Under this project, Mitsui will ferment biomass from non-edible plants to create isopropanol, which will then be dehydrated to produce polypropylene. Such innovations in biodegradability are set to foster enduring growth for this market.
Regional Insights:
Growing Manufacturing Base of PP in China to Propel the Asia Pacific Market
Asia Pacific is projected to lead the polypropylene powder market share owing to substantial growth in the manufacturing of polypropylene in China. Moreover, the region is home to some of the biggest chemical companies in the world, which is a crucial growth driver for this market. North America is also expected to present lucrative business opportunities for market players on account of the rising adoption of bio-based polymers in the region’s processed food and beverages industry. On the other hand, Europe is anticipated to show rapid growth in this market due to increasing demand for polypropylene powder and other PP-based derivatives in the automobile industry.

Competitive Landscape:
Leading Competitors to Concentrate on Formulating PP Derivatives with Multi-Industry Applicability
The top competitors in this market are focusing their energies on formulating polypropylene-based products that will find applications across the industrial spectrum. The increasing emphasis on bio-polymers has further encouraged chemical companies to ramp up investments in R&D and create materials and products that can advance sustainability, as well as enable them to diversify their portfolios and entrench their market position.
Industry Development:
May 2020: Braskem announced the availability of polypropylene powder for selective Laser Sintering 3D printing process due to its high moisture resistance and several other beneficial properties.
List of Key Players Covered in the Polypropylene Powder Market Report:
• Sinopec
• Nanjing
• Petro-chemical
• Braskem
• Chambroad Petrochemicals
• Hong Ji Petrochemical
• Jianyuanchun Chemical
• Yongxing Chemical
• AM Polymer Research GmbH
• LuQing Petrochemical
Inquire Before Buying This Report:

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Connect us via Social Media Channels:
LinkedIn Facebook Twitter

About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polypropylene Powder Market Growth, Analysis, Size, Trends, Emerging Factors, Demands, Key Players, Emerging Technologies and Potential of Industry Till 2028 here

News-ID: 2484506 • Views: 148

More Releases from Fortune business insights

Smart Robot Market 2021 Reach Valued At $ 31.11 billion And Grow At A 23.1% CAGR …
Smart Robot Market 2021-2028 New study report ” Smart Robot Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights. Market Overview- The global smart robot market size is expected to reach USD 31.11 billion by 2027, exhibiting a CAGR of 23.1% during the forecast period. Rapid industrialization coupled with intelligent infrastructure projects will contribute positively to the growth of the market, states Fortune Business Insights,
Competitive Intelligence Tools Market 2021 Net Worth is US$ 82.0 million and For …
Competitive Intelligence Tools Market 2021-2028 New study report ” Competitive Intelligence Tools Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights. Market Overview- The global competitive intelligence tools market size is expected to reach USD 82.0 million by 2027, exhibiting a CAGR of 10.3% during the forecast period. The digital transformation coupled with heavy investment in analytics by companies can have an incredible effect
360 Degree Feedback Software Market 2021 Industry Analysis BY Key Players - Peop …
360 Degree Feedback Software Market 2021-2028 New study report ” 360 Degree Feedback Software Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights. Market Overview- The global 360 Degree feedback software market is set to gain traction from the rising need to determine the level of employee engagement. As per the State of the Global Workplace report, if employees are unsatisfied or unhappy at the
Payment Processing Solutions Market 2021 Estimated To Grow At 11.7% CAGR and For …
Payment Processing Solutions Market 2021-2027 New study report ” Payment Processing Solutions Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2027″ has been added to Fortune Business Insights. Market Overview- The global payment processing solutions market size is expected to showcase an exponential growth by reaching USD 116.17 billion by 2027. This is attributable to the increasing adoption of value-added services by major Fintech firms, along with the growing demand for payments

All 5 Releases

More Releases for Polypropylene

Global Polypropylene Foams Competition, Forecast & Opportunities 2019
The report represents the statistical data in the form of tables, charts, and info-graphics to assess the market, its growth and development, and market trends of the global Polypropylene Foams market during the projected period.  QY Research has used a framework of primary and secondary research to make this report a full-proof one. Request Sample Report and Full Report TOC: : The global Polypropylene Foams market is valued at xx million
Global Bio-based Polypropylene (PP) Market Overview
Qyresearchreports include new market research report Global Bio-based Polypropylene (PP) Sales Market Report 2018 to its huge collection of research reports. In a highly dynamic global market for Bio-based Polypropylene, companies need to constantly evolve to stay ahead of the curve. To do so, they need accurate information on the market. The recent report endeavors to help them achieve their growth targets by offering crucial information on the global market for
Polypropylene Market Forecast and Segments, 2015 - 2025
Polypropylene (PP) also known as polypropene, is one of the largest and single most consumed polymer resin in the world. It is a synthetic, high molecular weight thermoplastic polymer, which can be easily formed by catalytic polymerization of propylene. Due to its superior quality, its demand is increasing, especially in consumer disposable and automobile industry. This has resulted in countless opportunities for the global polypropylene market. Additionally, the trend of
Polypropylene Waxes Market
Apex Research, recently published a detailed market research study focused on the "Polypropylene Waxes Market" across the global, regional and country level. The report provides 360° analysis of "Polypropylene Waxes Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Polypropylene Waxes industry, and estimates the future trend of Polypropylene Waxes market on
Polypropylene Fibre Market Challenges and Opportunities Report
Polypropylene fibre has been recognized as one of the fastest growing synthetic fibres. There has been a significant rise in the demand for non-woven fabrics in the past few years, which, in turn, is driving the growth of the polypropylene market. The polypropylene fibre offers many benefits. For instance, it is a light weight fibre which does not absorb any moisture. It can be used to make a number of
Polypropylene Market - Global Industry Analysis 2023
The global polypropylene market is fragmented with no individual player holding even 10% of the share. As of 2014, the top five players accounted for merely 35.9% of the market. These five players are LyondellBasell Industries N.V., Sinopec, Braskem, CNPC, and Borealis AG. LyondellBasell Industries N.V. was the most prominent polypropylene manufacturer in 2014 due to a wide range of products from its olefin and polyolefin business segment. In October