Press release
Maleic anhydride-grafted polypropylene (MAgPP) Research:CAGR of 4.2% during the forecast period
Maleic anhydride-grafted polypropylene (MAgPP) Market SummaryPolypropylene (PP) is a universal polymer material with excellent performance and wide application. The mechanical properties of PP can be further improved by blending and compounding, and its application field can be widened. The key of PP modification is to increase its polarity and improve the compatibility of PP with packing or other polar polymers. With polar maleic acid (MAH) graft PP(PP-G-MAH), in the macromolecular chain to introduce appropriate polarity of the branch chain, improve the performance of PP, but also can increase the new properties, is to improve the performance of PP, expand its application range of a simple and effective method.
Figure. Maleic anhydride-grafted polypropylene (MAgPP) Product Picture
Maleic anhydride-grafted polypropylene (MAgPP)
Above data is based on report from QYResearch: Global Maleic anhydride-grafted polypropylene (MAgPP) Market Report 2024-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to the new market research report "Global Maleic anhydride-grafted polypropylene (MAgPP) Market Report 2025-2031", published by QYResearch, the global Maleic anhydride-grafted polypropylene (MAgPP) market size is projected to reach USD 0.5 billion by 2031, at a CAGR of 4.2% during the forecast period.
Figure. Global Maleic anhydride-grafted polypropylene (MAgPP) Market Size (US$ Million), 2020-2031
Maleic anhydride-grafted polypropylene (MAgPP)
Above data is based on report from QYResearch: Global Maleic anhydride-grafted polypropylene (MAgPP) Market Report 2024-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.
Figure. Global Maleic anhydride-grafted polypropylene (MAgPP) Top 11 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Maleic anhydride-grafted polypropylene (MAgPP)
Above data is based on report from QYResearch: Global Maleic anhydride-grafted polypropylene (MAgPP) Market Report 2024-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Maleic anhydride-grafted polypropylene (MAgPP) include Eastman, Clariant, SK Functional Polymer, SI Group, Dow, ExxonMobil, Westlake Chemical, Guangzhou Lushan New Materials, Fine Blend, Ningbo Materchem, etc. In 2024, the global top five players had a share approximately 61.0% in terms of revenue.
In terms of product type, currently Homopolymer Type is the largest segment, hold a share of 51.4%.
In terms of product application, currently Automotive is the largest segment, hold a share of 33.2%.
Market Drivers:
The development of new technologies such as 5G, business intelligence and cloud computing will create more favorable conditions and environment for the development of maleic anhydride grafted polypropylene.
Increasingly strict environmental protection policies have been successively introduced in various parts of the world, which has promoted the development of products.
The potential downstream application volume of polypropylene grafted with maleic anhydride has increased. Maleic anhydride grafted polypropylene has broad application prospects in fields such as automobiles, adhesives, cable materials, and home appliance materials.
Restraint:
Reducing manufacturing costs and improving product quality are the main directions of technological progress in the industry and also the key factors in the competition among maleic anhydride grafted polypropylene enterprises. The production of low-cost and high-quality maleic anhydride grafted polypropylene has relatively high technological requirements and needs to be achieved through continuous technological research and development, equipment transformation and production process optimization. Therefore, there are relatively high technical barriers to entering the maleic anhydride grafted polypropylene industry.
The maleic anhydride grafted polypropylene industry is a capital-intensive industry with a high investment intensity, which requires enterprises in the maleic anhydride grafted polypropylene industry to have strong financial strength. Low cost is the competitive focus of enterprises in the maleic anhydride grafted polypropylene industry, and large-scale production is an effective means to reduce costs. To achieve large-scale production, enterprises in the maleic anhydride grafted polypropylene industry need to invest a large amount of funds in purchasing machinery and equipment as well as other fixed assets, constantly upgrading and transforming equipment and technological processes, which requires a relatively high financial strength of the enterprises. Therefore, financial strength is one of the important thresholds for entering the maleic anhydride grafted polypropylene industry.
Trend:
At present, automotive lightweighting has become the mainstream research and development direction in the automotive industry, which has also driven the improvement of the modified plastics industry. The core of modified plastics is the base material and modification additives. This is an era that tests core technologies. It is expected that the domestic demand for modified plastics used in vehicles will continue to increase year by year in the coming years. Due to the fact that different components of automobiles have their own specific performance requirements, this has led to a rapid growth in the demand for modified plastics in the automotive industry. Compatibilizers and toughening agents, as the most important additives in modification AIDS, whether compatibilizers are properly applied directly affects the performance of materials. For instance, the commonly used modified plastics for manufacturing the inner panels of car doors at present are ABS and PP. They are made into frames and have a cushioning layer on the surface. The cushioning layer can be made of PP foam, TPU, knitted polyester, etc. Under normal circumstances, the material is PP combined with glass fiber. In some cars, natural fibers and PP are also hot-pressed to make it. This method can effectively reduce the weight of the car door, lower costs, and significantly improve the sound insulation performance. In the formulation of PP+ glass fiber, a PP grafted maleic anhydride type compatibilizer should be selected. Maleic anhydride can fuse with the surface of glass fiber, making the combination of PP and glass fiber tighter. This not only effectively enhances the tensile strength and impact strength of the material but also solves the shrinkage problem of the material.
Maleic anhydride grafted polypropylene agent, by introducing strongly polar reactive groups, endows the material with high polarity and reactivity. It is a kind of polymer interface coupling agent, compatibilizer and dispersion promoter. It is mainly used for halogen-free flame retardancy, filling, glass fiber reinforcement, toughening, metal bonding, alloy compatibility, etc. It can greatly improve the compatibility of composite materials and the dispersion of fillers, thereby enhancing the mechanical strength of composite materials. Maleic anhydride grafted polypropylene can improve the compatibility between inorganic fillers and organic resins, enhance the tensile and impact strength of the product, achieve high filling, reduce resin usage, improve processing rheology, and increase surface finish.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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