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Global Polypropylene Market – Industry Trends and Forecast to 2026


Global polypropylene market is expected to register a steady CAGR of 3.6% in the forecast period of 2019-2026. – PowerPoint PPT presentation

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Date added: 23 October 2019
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Title: Global Polypropylene Market – Industry Trends and Forecast to 2026

Global Polypropylene Market
Global Polypropylene Market Industry Trends and
Forecast to 2026
Global Polypropylene Market By Type
(Homopolymers, Copolymers), Application
(Packaging, Automotive, Medical, Construction,
Consumer Products, Electrical Electronics,
Others), Geography (North America, South America,
Europe, Asia-Pacific and Middle East Africa)
Industry Trends and Forecast to 2026
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Market Definition
Polypropylene is a linear saturated hydrocarbon
polymer that offers many properties such as good
chemical resistance, good fatigue resistance,
good heat resistance, integral hinge property and
translucent behaviour. The polymer provides
excellent chemical and electrical resistance to
be used in several applications at a very high
temperature. Polypropylene polymers are
manufactured when monomers of propylene are
subjected to heat and pressure in the presence of
a catalyst system. Polypropylene homopolymers
provide high strength and are stronger and
stiffer than copolymers. Growing demand for
polypropylene for the packaging of various goods
is leading to growth in demand for global
polypropylene market.
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Market Segmentation
  • Global polypropylene market is segmented into two
    notable segments on the basis of type and
  • On the basis of type, the market is segmented
    into homopolymers and copolymers.
  • In August 2018, Sinopec petrochemical announced
    the restart of its polypropylene (PP) business
    segment in Guangdong China. The new polypropylene
    plant that has been reopened for manufacturing
    purposes has a capacity of 200,000 mt/year. This
    initiation of the polypropylene unit will help
    the company in the enhancement of overall
    production of polypropylene

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Competitive Analysis
Some of the major players operating in this
market are China Petroleum Chemical
Corporation, Total, PetroChina Company Limited,
Exxon Mobil Corporation, SABIC, BASF SE, Borealis
AG, Braskem, Celanese Corporation, Formosa
Plastics Corporation, U.S.A., LyondellBasell
Industries Holdings B.V., Mitsubishi Chemical
Corporation, Niche Polymer, PolyOne Corporation,
Reliance Industries Limited, Sasol Limited, SCG
Chemicals Co., Ltd., Sumitomo Chemical Co., Ltd.,
Trinseo, Westlake Chemical Corporation among
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Major Market Competitors
  • China Petroleum Chemical Corporation
  • Total
  • PetroChina Company Limited
  • Exxon Mobil Corporation
  • Borealis AG
  • Braskem
  • Celanese Corporation
  • Formosa Plastics Corporation 

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