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Polypropylene-Plastic Material And Resins Global Market By Product Type, Application, Insights, Trends, Opportunities And Industry Forecast 2023-2032 | Lyondellbasell, Sinopec, Sabic, Exxon Mobil, Braskem
As per the polypropylene-plastic material and resins market report by The Business Research Company, the demand for packaged products has increased recently, particularly in emerging economies such as China and India. As the size of the middle-class grew in these countries, the consumption of processed foods, poultry, meat, and agricultural products increased.
The global polypropylene-plastic material and resins market size will grow from $126.75 billion in 2022 to $138.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global polypropylene-plastic material and resins market size is expected to grow from $192.13 billion in 2027 at a CAGR of 8.6%.
Read More On The Polypropylene-Plastic Material And Resins Market Report Here:
https://www.thebusinessresearchcompany.com/report/polystyrene-plastic-material-and-resins-global-market-report
Major competitors in the polypropylene-plastic material and resins market include A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC., Atlas Roofing Corporation, Austrotherm GmbH, BASF SE, BEWiSynbra Group, Brødr. Sunde as, and Chi Mei Corporation.
The polypropylene-plastic material and resins market is segmented -
• By Product Type: Expandable Polystyrene (EPS), General-Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS), Extruded Polystyrene (XPS)
• By Application: HVAC Insulation, Rigid Packaging, Seating, Flexible Packaging
• By End User Industry: Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Asia-Pacific was the largest region in the Polypropylene-plastic material and resins market.
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Polystyrene is a synthetic thermoplastic material formed by polymerizing styrene. It is used in modelled products, foams, and sheet materials. Polystyrene can be melted at higher temperature for molding or extrusion, and then be re-solidified, in addition to being generally a solid thermoplastic.
The Table Of Content For The Polypropylene-Plastic Material And Resins Market Include:
1. Executive Summary
2. Polystyrene Market Characteristics
3. Polystyrene Market Trends And Strategies
4. Polystyrene Market - Macro Economic Scenario
5. Polystyrene Market Size And Growth
.....
26. Africa Polystyrene Market
27. Polystyrene Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polystyrene Market
29. Polystyrene Market Future Outlook and Potential Analysis
30. Appendix
The "Global Polypropylene-Plastic Material And Resins Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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