openPR Logo
Press release

Polypropylene Random Copolymer Market to Represent Significant Revenue Growth 2023

09-20-2017 12:34 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR

Polypropylene Random Copolymer Market to Represent

A new Transparency Market Research report states that the global polypropylene random copolymer market stood at US$5.9 bn in 2014 and is predicted to reach US$9.2 bn by 2023. It is expected to expand at a CAGR of 5.20% from 2015 to 2023. The title of the report is “Polypropylene Random Copolymer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”.

Request to view Sample Report:

As per this research report, the market for polypropylene random copolymers is predicted to be fuelled by the rising demand for food containers and the increasing usage of syringes in injectable drugs. The increasing count of super/hypermarkets in many countries around the world is also raising the demand for polypropylene random copolymers. The industry for beverages is expected to present widespread opportunities for the manufacturers of polypropylene random copolymers during the forecast horizon. On the other hand, increasing competition from alternatives and the fluctuating prices of raw materials are anticipated to restrict the growth of the polypropylene random copolymer market in the forecast horizon.

On the basis of end user, the polypropylene random copolymer market is segmented into building and construction, packaging, healthcare, and others including furniture, media packaging, sports, toys, etc. Amongst these, in 2014, the packaging industry led the market on the basis of volume and held a share of more than 55% in the market. The preference for polypropylene random copolymers in the packaging industry is due to their exceptional stiffness, transparency, heat resistance, sealability, and organoleptic nature.

Request to download and view full ToC @

These qualities of polypropylene random copolymers make them a highly suitable packaging material for food and beverages. Polypropylene random copolymer containers are utilized for storing fruits, grains, meat, vegetables, dairy products, etc. The health industry trailed the packaging industry by the volume of polypropylene random copolymers consumed and constituted the second biggest share in the market in 2014. Polypropylene random copolymers are extensively used in the healthcare industry, particularly in labware, syringes, and bottles.

On the basis of geography, the polypropylene random copolymer market is segmented into Europe, North America, Asia Pacific, the Middle East and Africa (MEA), and Latin America. Amongst these regions, in 2014, Asia Pacific constituted the biggest share in the market on the basis of volume and represented around 50% of the polypropylene random copolymer market. The market for polypropylene random copolymers is predicted to increase substantially within India, China, and ASEAN countries due to the rising demand for food containers here. On the other hand, the Latin America market is expected to rise exponentially owing to the increasing demand from the medical and food and beverages industries. However, Europe and North America are stagnant polypropylene random copolymer markets and are predicted to decline in the market by 2023.

According to the report, the top players in the market for polypropylene random copolymers include SABIC, Borealis AG, Sinopec, Reliance Industries Limited, Sasol, INEOS Olefins & Polymers USA, Formosa Plastics Corporation, Pinnacle Polymers LLC, Flint Hills Resources, Exxon Mobil Corporation, and Entec Polymers, among others.

View Report @

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polypropylene Random Copolymer Market to Represent Significant Revenue Growth 2023 here

News-ID: 729263 • Views: 113

More Releases from TMR

Chlorothalonil Market - Global Industry Analysis, Size, Share, Growth, Trends, a …
Chlorothalonil “Demand of Sustainable Agriculture” Agricultural sector is satisfying the need of the world by supplying food. It is one of the prominent sectors in the world. Chlorothalonil is a non-systematic fungicide and pesticide used to spray on crops to prevent them from disease and maintain their healthy life furthermore chlorothalonil is used as wood protectant to prevent the wood from decay due to which chlorothalonil is largely used in furniture
Ytterbium Fluoride Market - Global Industry Analysis, Size, Share, Growth, Trend …
Shifting Industries Preference Towards Specialty Chemicals Chemical industry has been major source of inventions from past half a decade where different types of chemicals are tested, tried and verified for future applications. Industrial application of chemicals such as ytterbium fluoride will likely to increase demand in near future. Get Sample Copy of the Report @ The major driving factor which proved to encourage use of ytterbium fluoride chemical as its usage in
Itaconic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and …
Itaconic Acid Market: Introduction & Definition Itaconic acid is a bio based product, also identified as methyl succinic acid, it is first obtained by distillation of citric acid that is an organic compound which is used for the production of acrylate latexes and acrylonitrile butadiene. The market of Itaconic acid is niche in nature owing to its limited consumption in various end use industries on account of availability of large number
Oleochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and …
Oleochemicals are obtained from various plant and animal fats. Various sources of oleochemicals includes natural raw materials such as, castor oil, soybean oil, vegetable, petrochemical feedstock and also from animal oils & fats. Oleochemicals are witnessed to gain popularity as they can act a substitute for the petroleum-derived products. The growing environment concerns can be a prominent factor for the adoption of biodegradable chemicals, which intends to fuel the growth

All 5 Releases

More Releases for Polypropylene

Global Bio-based Polypropylene (PP) Market Overview
Qyresearchreports include new market research report Global Bio-based Polypropylene (PP) Sales Market Report 2018 to its huge collection of research reports. In a highly dynamic global market for Bio-based Polypropylene, companies need to constantly evolve to stay ahead of the curve. To do so, they need accurate information on the market. The recent report endeavors to help them achieve their growth targets by offering crucial information on the global market for
Asia-Pacific Polypropylene Waxes Market Report 2017
In this report, the Asia-Pacific Polypropylene Waxes market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Polypropylene Waxes for these regions, from 2012 to 2022 (forecast),
Polypropylene Market Forecast and Segments, 2015 - 2025
Polypropylene (PP) also known as polypropene, is one of the largest and single most consumed polymer resin in the world. It is a synthetic, high molecular weight thermoplastic polymer, which can be easily formed by catalytic polymerization of propylene. Due to its superior quality, its demand is increasing, especially in consumer disposable and automobile industry. This has resulted in countless opportunities for the global polypropylene market. Additionally, the trend of
Polypropylene Waxes Market
Apex Research, recently published a detailed market research study focused on the "Polypropylene Waxes Market" across the global, regional and country level. The report provides 360° analysis of "Polypropylene Waxes Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Polypropylene Waxes industry, and estimates the future trend of Polypropylene Waxes market on
Polypropylene Fibre Market Challenges and Opportunities Report
Polypropylene fibre has been recognized as one of the fastest growing synthetic fibres. There has been a significant rise in the demand for non-woven fabrics in the past few years, which, in turn, is driving the growth of the polypropylene market. The polypropylene fibre offers many benefits. For instance, it is a light weight fibre which does not absorb any moisture. It can be used to make a number of
Global Polypropylene Industry 2016 Market Research Report
Qyresearchreports include new market research report “Global Polypropylene Industry 2016 Market Research Report” to its huge collection of research reports. The research report on the global Polypropylene is a scientific effort to determine the development prospects of the market from 2016 to 2021. The report comprises both historical figures and future estimates, which will help market entities to gauge growth opportunities in the Polypropylene market during the forecast period. The introductory part