Press release
Polypropylene Compounds Market 2025: Industry Developments, Future Growth, Share & Industry Insights | Borealis AG, Mitsui Chemical, Avient Corporation, Japan Polypropylene Corporation, SABIC, Trinseo S.A
Polypropylene Compounds Market reached US$ 27.6 billion in 2024 and is expected to reach US$ 43.5 billion by 2031, growing with a CAGR of 8.0% during the forecast period 2025-2031.Polypropylene Compounds Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Polypropylene Compounds Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.
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Key Players: Borealis AG, Mitsui Chemical, Inc., IRPC Public Company Limited, Exxon Mobil Corporation, Avient Corporation, Japan Polypropylene Corporation, SABIC, Trinseo S.A., Sumitomo Chemical Co., Ltd. and Washington Penn.
Key Development:
✅ 13 Mar 2025 - Borealis introduced Rialti PP compounds containing post-consumer recycled (PCR) and post-industrial recycled (PIR) content at PRSE 2025, enhancing circularity in automotive applications.
✅ 12 Jun 2025 - LyondellBasell, Premix, and Maillefer launched a joint polypropylene-based power cable solution, aiming to improve performance and sustainability in electrical infrastructure.
✅ 14 Jul 2025 - Nova Chemicals was acquired in a $13.4 billion deal, marking a significant consolidation in the polypropylene resin market.
✅ 22 May 2025 - Dangote Petroleum Refinery and Petrochemicals partnered with Vinmar Group to export polypropylene, positioning Nigeria as a key player in the global market.
✅ 10 Oct 2025 - The global polypropylene compounds market is projected to grow from $27.6 billion in 2024 to $43.5 billion by 2031, driven by demand in automotive, construction, and electronics sectors.
✅ 08 Sep 2025 - LyondellBasell, Mitsui Chemicals, and Washington Penn are expanding their polypropylene compound offerings, focusing on sustainability and global market reach.
✅ In July 2025, Nova Chemicals was acquired in a $13.4 billion deal, marking a significant consolidation in the U.S. plastics materials sector.
✅ In September 2025, Mitsui Chemicals, Sumitomo Chemical, and Idemitsu Kosan announced plans to merge their polyolefin businesses by April 2026, aiming to enhance competitiveness.
Growth Forecast Projected:
The Global Polypropylene Compounds Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Polypropylene Compounds Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Product (Mineral-filled PP Compounds, Glass Fiber Reinforced, Compounded TPO, Compounded TPV, Talc Filled, Others)
By Application (Fiber, Film & sheet, Raffia, Others)
By End-User (Automotive, Building & Construction, Electrical & Electronics, Textile, Others)
By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
Regional Analysis for Polypropylene Compounds Market:
⇥ 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)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Polypropylene Compounds producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Polypropylene Compounds revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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Q1 What is the current size of the Polypropylene Compounds Market?
A:Polypropylene Compounds Market reached US$ 27.6 billion in 2024 and is expected to reach US$ 43.5 billion by 2031
Q2: What is the growth rate of the Polypropylene Compounds Market?
A: The market is projected to expand at a compound annual growth rate CAGR of 8.0% during the forecast period from 2024 to 2031.
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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