Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Nov 26, 2019 8:40 AM ET

Polypropylene Market is Determined to Touch USD 122.31 Billion by 2026


Polypropylene Market is Determined to Touch USD 122.31 Billion by 2026

iCrowd Newswire - Nov 26, 2019

Polypropylene Market Overview:

The global polypropylene market is poised to attain a market value of USD 122.31 billion by 2026, registering a CAGR of 5.5% during the forecast period. One of the key drivers of the global polypropylene market growth is the rising demand for the polymer in the automotive industry. Polypropylene is widely used in automobile manufacturing owing to its moldable properties and low costs. Within this industry, this polymer is primarily used in fender lines, battery trays and cases, instrumental panels, and interior and door trims. Additionally, polypropylene offers a variety of other benefits, such as high chemical resistance and excellent impact balance, that make it a highly valuable material in the automotive industry.

Browse Summary for this report@ https://www.fortunebusinessinsights.com/industry-reports/polypropylene-pp-market-101583

According to the Fortune Business Insights report, titled “Polypropylene Market Size, Share and Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure and Construction, Consumer Goods/Lifestyle, Healthcare and Pharmaceuticals, Electrical and Electronics, Agriculture, Others), and Regional Forecast, 2019-2026”, the global polypropylene market value in 2018 was USD 79.85 billion. The report also contains an in-depth analysis and evaluation of the factors, trends, and dynamics that will influence the market during the forecast period.

Fortune Business Insights covers some of the important players in the global polypropylene market competition:

Get Sample PDF Brochure Polypropylene Market@ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/polypropylene-pp-market-101583

Market Growth of Polypropylene Market:

Escalating Demand for PP in Healthcare to Bolster the Market

Polypropylene is used in a wide range of procedures in the medical field owing to the high bacterial and chemical resistance of the polymer. The most commonly seen application of PP in hospitals is disposable syringes. Other application areas include petri dishes, food trays and pans, medical vials, intravenous bottles, and many more. Persistently high demand for PP in healthcare will be one of the critical drivers of the global polypropylene market revenue in the forecast period.

Key Segmentation of Polypropylene Market:

By Type

By End User

By Geography

Order Full Report@ https://www.fortunebusinessinsights.com/checkout-page/101583

Expansion of Operations to Intensify Competition

Key players are adopting different strategies, such as operational expansion and development of novel products, to reinforce their position in the global polypropylene market. For example, in September 2019, LyondellBasell upgraded their polypropylene compounding plant in Germany by installing a fifth production line at the site. Commitment to sustainable development goals by private companies is giving rise to innovations in terms of recycling of plastic. For instance, Procter and Gamble recently collaborated with PureCycle Technologies to recycle polypropylene to an odour-free and clear-coloured product.

List of Figures

Figure 01: Global Polypropylene Market Revenue Breakdown (US$ Mn, %) by Region, 2018 and 2026

Figure 02: Global Polypropylene Market Revenue Breakdown (KT, %) by Region, 2018 and 2026

Figure 03: Global Polypropylene Market Revenue Share (%), by Type, 2018 and 2026

Figure 04: Global Polypropylene Market Volume Share (%), by Type, 2018 and 2026

Figure 05: Global Polypropylene Market Revenue (US$ Mn) Forecast, by HDPE, 2018 -2026

Figure 06: Global Polypropylene Market Volume (KT) Forecast, by HDPE, 2018 -2026

Figure 07: Global Polypropylene Market Revenue (US$ Mn) Forecast, by LDPE, 2018 -2026

Figure 08: Global Polypropylene Market Volume (KT) Forecast, by LDPE, 2018 -2026

Figure 09: Global Polypropylene Market Revenue (US$ Mn) Forecast, by LLDPE, 2018 -2026

Figure 10: Global Polypropylene Market Volume (KT) Forecast, by LLDPE, 2018 -2026

Table of Content from polypropylene Market

1. Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

4. Key Insights

4.1. Key Emerging Trends For Major Countries

4.2. Key Developments: Mergers, Acquisition, Partnership, etc.

4.3. Latest Technological Advancement

4.4. Insights on Regulatory Scenario

4.5. Porters Five Forces Analysis

5. Global Polypropylene Market Analysis, Insights and Forecast By Type

5.1. Key Findings

5.2. Market Analysis, Insights and Forecast By Type

5.2.1. Homopolymer

5.2.2. Copolymer

6. Global Polypropylene Market Analysis, Insights and Forecast By End-Use Industry

6.1. Key Findings

6.2. Market Analysis, Insights and Forecast By End-Use Industry

6.2.1. Packaging

6.2.2. Automotive

6.2.3. Infrastructure and Construction

6.2.4. Consumer Goods/Lifestyle

6.2.5. Healthcare and pharmaceuticals

6.2.6. Electrical and Electronics

6.2.7. Agriculture

6.2.8. Others

7. Global Polypropylene Market Analysis, Insights and Forecast By Region

7.1. Key Findings

7.2. Market Analysis, Insights and Forecast By Region

7.2.1. Americas

7.2.2. Europe

7.2.3. Asia Pacific

7.2.4. Middle East and Africa

Have a Look at Related News:

Rubber Market

Calcium Carbide Market

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Polypropylene Market is Determined to Touch USD 122.31 Billion by 2026






iCrowdNewswire




Tags:    Wire, Research Newswire, English