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Rising Usage of Polypropylene in Textile Industry

03-30-2023 07:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Propylene is a gaseous compound. It is obtained from the thermal cracking of propane, ethane, butane, and naphtha petroleum fraction.

Polypropylene is a synthetic resin developed from propylene polymerization. It can be molded or extruded in numerous plastic products, which require flexibility, toughness, lightweight, and heat resistance.

Polypropylene is a commercial polymer utilized in various applications, due to its low cost. In addition, it is known for high flammability and thermooxidative degradation.

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In addition, polypropylene is also a common thermoplastic utilized throughout geosynthetics due to its low-cost nature. It is developed by polymerization of propylene gas. The compound is obtained through the cracking of propane and petroleum hydrocarbons at high temperatures.

Under the type segment, the homopolymer category captures a substantial share of the polypropylene industry. The homopolymer category is predicted to dominate the industry in the coming years. It is ascribed to the high strength-to-weight ratio of homopolymer polypropylene, which signifies that it is stronger and stiffer compare to the copolymer polypropylene industry.

Moreover, such properties, in combination with improved chemical resistance and weldability make it a highly preferable material in numerous corrosion-resistant structures.

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Under the application segment, the injection molding category captures the largest share of the industry, in both value and volume. It is projected to follow the same trend in the near future. It is ascribed to the significant consumption of polypropylene in the manufacturing of articles of varying shapes and sizes with molding injection to develop marine & automotive parts, household goods, and recreational vehicle products.

Therefore, the growing demand for molded products, including rigid containers, will propel the industry growth in the coming years.

Under the end-use segment, the packaging sector captures the highest revenue share, and it is predicted to retain its dominance in the coming years. It is ascribed to the wide packaging application of plastic, specifically for the packaging of food, that involves food and beverages to be their direct contact.

Since it is rugged in nature, it possesses resistivity to various chemical solvents. Therefore, it is considered safe for several food packaging containers, including thermoformed pots, injection-molded pots, and thermoformed trays.

The major companies operating in the industry are; Formosa Plastic Corporation, Borealis AG, Exxon Mobil Corporation, Total S.A., Reliance Industries Limited, PetroChina Company Limited, and SABIC.

Therefore, the low-cost nature of polypropylene boosts its usage in numerous applications.

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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