Uploaded on Jan 25, 2021
Polypropylene (PP), a thermoplastic is also referred to as addition polymer. It is named so, as it is made with the amalgamation of propylene monomers. The polymer was initially polymerized many years ago, precisely in 1951 by a team of Philips petroleum scientists. The team comprised Robert Banks, Paul Hogan, Natta, and Rehn. The actual commercialization of polypropylene began shortly after Professor Giulio Natta polymerized it.
Polypropylene Market Size, Share, Trends, Growth And Forecast To 2026
Polypropylene Market
Set to Reach USD 120.11 Billion by 2026 | CAGR 5.8%
“Polypropylene Market [By Type (Homopolymer,
Copolymer); By Application (Automotive, Consumer Goods,
Construction, Electrical, Packaging); By Regions]: Market
size & Forecast, 2018 – 2026”
Polypropylene Market Estimate & Forecast to 2026
According to a new report by Polaris Market Research, the global Polypropylene market is
estimated to reach USD 120.11 Billion by 2026 registering a CAGR of 5.8% over the forecast
period 2018 – 2026.
The report covers comprehensive research and analysis of Polypropylene market in terms of
growth factors, restraints, trends, challenges, and potential opportunities. Existing market
participants and new entrants can use the detailed analysis of market dynamics to devise
key growth strategies and gain a competitive edge in the Polypropylene market.
Growing demand from end-use industry applications and rising investments by public-
private organizations in developed & developing countries is anticipated to drive substantial
growth for the Polypropylene market. Leading participants are appealed by rising consumer
demand and high-profit margins in Polypropylene market, focusing on untapped markets.
With the help of this latest report, participants from the Polypropylene market will be able to
make key business decisions and also create their strategies accordingly to stay ahead of
competitors. The report covers accurate data and reliable statistics along with key
recommendations to help players understand the overall present and future scenario for the
Polypropylene market.
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Polypropylene Market Scope
By Product Type by End-Use Type By Region
• Homopolymer Automotive North America
• Copolymer Consumer Good Europe
Construction Asia Pacific
Electrical Latin America Middle East & Africa
Packaging
Others
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Polypropylene Market Estimate & Forecast to 2018/2026
The report covers the segmentation of the Polypropylene market based on Type, Application
and region. In-depth analysis of each segment and sub-segment including key market
trends, prevailing patterns, restraining factors, and potential opportunities featured in the
report. The research report on Polypropylene market forecasts revenue growth at country,
regional, and global levels. The report also gives comprehensive information on the outlook
of the market in different regions and provides projections on the expected growth rate
during the forecast period.
The report sheds light on the competitive scenario of the Polypropylene market to get
insight on the competition at domestic as well as global levels. The key market players
started investing more in research and development activities to bring innovations to their
product offerings. Leading manufacturers and vendors are taking strategic moves such as
acquisitions, collaborations, partnerships, mergers, and regional expansions to gain a
competitive edge in the Polypropylene industry. Leading players operating in the
Polypropylene market include LyondellBasell, Japan Polypropylene Corporation, BASF AG,
SABIC (Saudi Basic Industries Corporation), Braskem, China Petroleum & Chemical
Corporation (Sinopec), Borealis AG, Total Refining and Chemicals Business, INEOS Olefins
and Polymers Europe, ExxonMobil Chemical, Reliance Industries Limited, and PetroChina Co.
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Ltd., among others.
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Polypropylene Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research
services for our clientele spread across different enterprises. We at Polaris are obliged to
serve our diverse customer base present across the industries of healthcare, technology,
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thereby helping them always to make informed decisions and leverage new opportunities.
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comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added
business solutions to our customers.
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