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Polypropylene Market - Growth, Trends, And Forecasts 2023 - 2032
Polypropylene Market
As per the polypropylene market report by The Business Research Company, rising demand for thermoplastic materials has 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. As a result, thermoplastic materials are far more useful in a wide range of applications, including clothing, packaging, food, and beverages. Additionally, they are also used in heavy-duty applications such as the aerospace, military, and medical industries.
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 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 market size is expected to grow to $129.96 billion in 2026 at a CAGR of 5.8%.
Read More On The Polypropylene Market Report Here:
https://www.thebusinessresearchcompany.com/report/polypropylene-global-market-report
Major competitors in the polypropylene market include Lyondellbasell, Sinopec, Sabic, Exxon Mobil, Braskem, PetroChina, Reliance Industries, Formosa Plastics, Borealis, and Asahi Kasei Plastics.
The polypropylene market is segmented -
• By Product Type: Homopolymer, Copolymer
• By Application: Injection Molding, Fiber & Raffia, Film & Sheet, Blow Molding
• By End User Industry: Packaging, Automotive, Consumer Products, Electrical and Electronics, Other End-User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the polypropylene market.
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Polypropylene is a thermoplastic polymer produced by chain-growth polymerization of the monomer propylene and is used in automotive fittings and industrial fibers. It is resilient, resistant to fatigue, and highly resistant to most acids and alkalis.
The Table Of Content For The Polypropylene Market Include:
1. Executive Summary
2. Polypropylene (PP) Market Characteristics
3. Polypropylene (PP) Market - Macro Economic Scenario
4. Polypropylene (PP) Market Size And Growth
5. Polypropylene (PP) Market Segmentation
6. Polypropylene (PP) Market Regional And Country Analysis
……
26. Polypropylene (PP) Market Competitive Landscape And Company Profiles
27. Key Mergers And Acquisitions In The Polypropylene (PP) Market
28. Polypropylene (PP) Market Trends And Strategies
29. Polypropylene (PP) Market Future Outlook and Potential Analysis
30. Appendix
The "Global Polypropylene 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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