Global Polypropylene Market – Industry Trends and Forecast to 2026 (1)

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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
  application.
• 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
others.
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Major Market Competitors

• China Petroleum Chemical Corporation
• Total
• PetroChina Company Limited
• Exxon Mobil Corporation
• SABIC
• BASF SE
• Borealis AG
• Braskem
• Celanese Corporation
• Formosa Plastics Corporation 

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polypropylene-market
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