Polypropylene (PP) Resin Market - Forecast 2022-2027

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Polypropylene (PP) Resin MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• The Polypropylene (PP) Resin Market size is
  forecasted to grow at a CAGR of 4.1 during the
  forecast period (2022-2027) and reach US80.2
  billion by 2027. 
• Polypropylene resins are synthetic resins made of
  thermoplastic polymers composed of a range of
  propylene monomers.
• It belongs to the class of polyolefin resins and
  it is used in a wide range of industries which
  include automotive, building construction,
  packaging, medical, textile and other industries.

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• Key Takeaways
• The injection molding segment held a significant
  share in the polypropylene (PP) resin market in
  2021. Its wide range of characteristics and
  higher efficiency made it stand out in comparison
  to other types of processing methods in the
  market.
• Packaging industry held the largest share in the
  polypropylene (PP) resin market in 2021, owing to
  the increasing demand for polypropylene resins
  composed of thermoplastic polymers and propylene
  monomers for use in plastic films, sheets, bags,
  containers and more used for packaging.

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• Polypropylene (PP) Resin Market Segment Analysis
  by Processing Method
•  
• The injection molding segment held a significant
  Polypropylene (PP) Resin Market share in 2021,
  owing to its increasing demand due to the
  benefits it offers over other types of processing
  methods.
• For instance, the injection molding method aids
  in faster production along with higher efficiency
  as compared to other types of processing methods,
  owing to which it is commonly used in the
  production of plastics utilized in multiple
  industries.

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• Polypropylene (PP) Resin Industry Outlook
• LyondellBasell Industries Holdings B.V.
• Exxon Mobil Corporation
• SABIC
• DuPont
• INEOS
• Formosa Plastics Corporation
• China Petrochemical Corporation
• LG Chem
• Reliance Industries Limited
• Braskem

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Polypropylene (PP) Resin Market Learn More
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• Data Tables
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