Polypropylene Market Demand, Capacity, Prices and Forecast Report Polypropylene Market
Polypropylene Market Demand, Capacity, Prices and Forecast
Report by Radiant Insights, Inc
Summary
The industry analysis specialist, has released its latest research, "Global Demand, Capacity and Prices for
Polypropylene - End-Use Sectors in Asia-Pacific to Drive Growth". The study comes from the company's
oil and gas research group and provides market analysis of the global polypropylene industry,
highlighting major features. It gives historic and forecast market size and demand and production figures
by region, covering Asia-Pacific, Europe, North America, South America, and the Middle East and
Africa. It uses data and information sourced from proprietary databases, primary and secondary research,
and in-house analysis by industry experts.
The global polypropylene industry witnessed steady growth between 2003 and 2013 despite the global
recession in 2008. Although developed regions such as North America and Europe remained stagnant in
terms of both demand and capacity, Asia-Pacific led the recovery with strong demand from major
polypropylene end-use sectors such as packaging and electrical. In the next five years, the European
market is expected to improve slightly due to Russia's expansion plans; however the North American
market is expected to remain stagnant due to market saturation.
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Asia-Pacific will remain the growth engine of the global polypropylene industry with its higher-thanaverage demand growth. To fulfil rising demand, major countries in Asia-Pacific such as China and India
are also increasing their production capacity. In the next five years, China and India are likely to add
polypropylene capacity of 7.48 million tons per year (mmty) and 1.675 mmty respectively. Overall,
polypropylene capacity in Asia-Pacific is expected to increase by around 12 mmty by 2018.
Scope
The report provides in-depth analysis of the demand and supply dynamics of the global polypropylene
industry, including - Historic and forecast global polypropylene capacity by region
- Details of planned polypropylene plants
- Major global polypropylene producers' capacity shares
- Historic and forecast polypropylene market size, demand volume and production volume by region
- Global polypropylene demand by end-use sector