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Polypropylene and Polypropylene Composites Global Market Report 2018 - By Demand, Share, Size, Trends, Forecast To 2023
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
Injection molded plastics have garnered attention due to their low waste, versatility, and cost-effectiveness. Technological advancements like computer-aided engineering have expanded their applications across various industries. Polypropylene finds extensive use in food & beverage containers for its chemical resistance and translucency. Additionally, it's employed in flexible packaging, automotive, and consumer products. The aerospace & defense sector is increasingly adopting polypropylene composites due to their strength and heat resistance.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/purchase-enquiry/4636
Polypropylene serves as both a plastic and a fiber, finding applications in diverse sectors like packaging, textiles, and automotive components. Its attributes such as low cost, heat resistance, and chemical resistance make it popular. Injection molded polypropylene and polypropylene composites enable the production of intricate shapes with minimal material wastage, driving their demand in automotive components and assembly parts.
The market is segmented by product into polypropylene (PP) and polypropylene composites. Polypropylene composites, known for their versatility and impact resistance, are projected to lead the market due to their lightweight and recyclable nature. Among fiber types, carbon fiber polypropylene composites are anticipated to grow at the highest CAGR due to their superior properties. The aerospace & defense segment is expected to be the most lucrative due to increased demand for high-performance materials.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/polypropylene-and-polypropylene-composites-market/purchase-options
Key findings highlight the significant growth potential of the carbon fiber segment and the transportation sector. Asia-Pacific is poised to witness the highest CAGR, with North America and Europe leading the market in 2016. The adoption of polypropylene and its composites in automotive industries for lightweighting and improved fuel efficiency is a key driver in these regions.
Major players in the market include Borealis AG, Sumitomo Chemicals, Exxon Mobil Corporation, Sinopec Ltd, and others.
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