Global PP Homopolymer Market will Hit CAGR of 5.5% Between 2016 and 2026: Packaging End Use Segment Likely to Dominate Global Market

ResearchMoz added Latest Research Report titled " PP Homopolymer Market: Packaging End Use Segment Likely to Dominate Global Market: Global Industry Analysis and Opportunity Assessment, 2016-2026 " to it's Large Report database.

Homo Polypropylene or polypropylene (PP) homopolymer is widely used in the plastic processing industry to make various products for household, automotive, electrical, electronics, packaging, personal care, medical, and other applications. PP homopolymer offers a high strength to weight ratio and provides good chemical resistance and weldability. Owing to its huge application base, PP homopolymer is a large volume commodity material. The global consumption of PP homopolymer was pegged at 42.0 million metric tonnes in 2015. Sales revenue of the global PP homopolymer market is expected to register a CAGR of 5.5% over the forecast period (20162026).

Increasing consumption of PP homopolymer in the packaging industry and a high growth of the retail sector likely to boost market growth

Increasing consumption of PP homopolymer in the packaging industry is one of the key factors driving its demand in the global market. Characteristics such as high physical strength and chemical resistance makes PP homopolymer a material of choice for packaging applications. With the rise of the retail and e-commerce sectors, demand for high end packaging is increasing, which in turn is expected to drive the demand for PP homopolymer across the globe.

Request for Sample PDF of Premium Research Report with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=1287843

In order to comply with various government and environmental regulations, automobile manufacturers around the world are focussed on decreasing carbon emissions from vehicles and PP homopolymer plays a key role here. Use of PP homopolymer in automotive applications leads to reduced weight of the vehicle, consequently increasing its fuel efficiency. In order to capitalise on the opportunities in the market, market players are introducing new grades of PP homopolymer for various new applications to increase their market share in the global market.

However, in the last few years, automobile OEMs have been switching from PP homopolymer to PP copolymer and aluminium for manufacturing specific vehicle parts as PP copolymer and aluminium provide better toughness and durability than PP homopolymer. This is likely to restrict the growth of the global PP homopolymer market over the forecast period.

Injection Moulding processing technology segment anticipated to hold largest market value share throughout the forecast period

The injection moulding segment is projected to account for 39.4% value share in the global PP homopolymer market by 2016 end, registering a CAGR of 6.1% over the forecast period. High demand for injection moulded products for home care, personal care, appliances, and other applications is expected to be a key reason for the segments growth through 2026.

Browse more details @ http://www.researchmoz.us/pp-homopolymer-market.html

Table Of Content

1. Executive Summary

2. PP Homopolymer Market Introduction
2.1. Market Definition
2.2. Market Taxonomy

3. Global PP Homopolymer Market Analysis Scenario
3.1. Market Volume Analysis
3.2. Pricing Analysis
3.2.1. Pricing Assumptions
3.2.2. Price Projections Per Region
3.3. PP Homopolymer Market Size (US$ Mn) and Forecast
3.3.1. Market Size and Y-o-Y Growth
3.3.2. Absolute $ Opportunity
3.4. PP Homopolymer Market Overview
3.4.1. Value Chain
3.4.2. Profitability Margins
3.4.3. List of Active Participants
3.4.3.1. Raw Material
3.4.3.2. Manufacturers
3.4.3.3. Distributors

About ResearchMoz

ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Contact Us:

Mr. Nachiket Ghumare
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074 / Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG
Follow me on Blogger at: http://deep-research-report.blogspot.com/

This release was published on openPR.