Global Polypropylene Market Report 2022 Analysis And Forecast To 2031 | Major Key Players, Trends, Business Overview, And Competitive Analysis

The global polypropylene market report by the business research company identifies rising demand for thermoplastic materials to be a major growth driver for the polypropylene market. Rising demand for thermoplastic materials contributed to the growth of the polypropylene market. Due to their unique chemical properties, thermoplastic materials can be recycled and remolded without affecting their physical properties. Thus, making thermoplastic materials much useful in many applications such as clothing, packaging, food, and beverages. Additionally, they are also used in heavy-duty applications such as aerospace, military, and medical industries According to the American Chemistry Council, the production of plastic resins, which serve as the foundation for all plastic products, climbed 0.9 percent in the United States in 2020, compared to 1.2 percent in 2019.

The global polypropylene market size is expected to grow from $95.46 billion in 2021 to $103.79 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The global polypropylene market size is expected to grow to $129.96 billion in 2026 at a CAGR of 5.8%.

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Asia Pacific was the largest region in the polypropylene market in 2021. North America was the second-largest region in the global polypropylene market. The regions covered in the global polypropylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the polypropylene market are Lyondellbasell, Sinopec, Sabic, Exxon Mobil, Braskem, PetroChina, Reliance Industries, Formosa Plastics, Borealis, and Asahi Kasei Plastics.

The global polypropylene market is segmented -
1) By Product Type: Homopolymer, Copolymer
2) By Application: Injection Molding, Fiber & Raffia, Film & Sheet, Blow Molding
3) By End User Industry: Packaging, Automotive, Consumer Products, Electrical and Electronics, Other End-User Industries

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The Polypropylene Market Report Contents Include
1. Executive Summary
2. Polypropylene (PP) Market Characteristics
3. Polypropylene (PP) Market Size And Growth
4. Polypropylene (PP) Market Segmentation
5. Polypropylene (PP) Market Regional And Country Analysis
....
26. Key Mergers And Acquisitions In The Polypropylene (PP) Market
27. Polypropylene (PP) Market Trends And Strategies
28. Polypropylene (PP) Market Future Outlook and Potential Analysis
29. Appendix

This report covers the trends and market dynamics of the polypropylene market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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