United States Polypropylene Market: Packaging & Automotive Demand | Top Most Keyplayers - Exxon Mobil Corporation, MITSUI CHEMICALS AMERICA, INC, Formosa Plastics Corporation, Mitsubishi Chemical Corporation

Market Size and Forecast:

Global Polypropylene (PP) Market reached US$ 124.5 billion in 2022 and is expected to reach US$ 181.2 billion by 2031, growing with a CAGR of 4.8% during the forecast period 2024-2031.

The Polypropylene Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Polypropylene is a versatile thermoplastic polymer widely used in packaging, automotive, textiles, and consumer goods due to its durability, chemical resistance, and cost-effectiveness. Its recyclability and lightweight nature make it a preferred material across industries, especially as demand for sustainable and high-performance plastics continues to grow.

Recent Key Developments of United States and Japan:

USA

September 2025: PP prices in North America declined by 3.7% (to $1.18 per kg), attributed to reduced demand from manufacturing and packaging sectors amid high inventory levels and lower feedstock costs.

July 2025: There was an overall uptick in the U.S. PP Price Index as buyers began stocking inventories ahead of the hurricane season, driven by reported production shortfalls and manufacturers increasing their quotations.

Japan

Late Q3 2025 (Ongoing Trend): Japan's petrochemical majors announced a polyolefin merger to counter the global overcapacity crisis driven by China, a strategic move intended to stabilize and optimize domestic PP and PE chains.

Ongoing Trend (Jul-Sept 2025): The Japanese PP market saw a sustained trend in the automotive sector's high adoption of PP for lightweight components, driven by the national commitment to reduce vehicle weight for improved fuel efficiency and performance.

List of the Key Players in the Polypropylene Market:

Exxon Mobil Corporation
MITSUI CHEMICALS AMERICA, INC
Formosa Plastics Corporation
Mitsubishi Chemical Corporation
INEOS
SABIC
LyondellBasell Industries
Repsol
Phillips 66 Company
MOLGROUP

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Polypropylene Market:

➥ By Type: Polypropylene Homopolymer, Polypropylene Random Copolymer, Polypropylene Block Copolymer
➥ By Process: Injection Molding, Blow Molding, Extrusion Molding, Others
➥ By Application: Automotive, Consumer Products, Healthcare and Medical, Hygiene and Personal Care, Packaging, Others

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Polypropylene Market market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Polypropylene Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Polypropylene Market leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Polypropylene Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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