Polypropylene Market Research Report and Forecast up to 2023 Polypropylene Market - Global Industry Analysis, S

Polypropylene
Market
Analysis, Size, Share,
Forecast 2015 - 2023
-
Global
Industry
Growth, Trends and
Polypropylene is a thermoplastic polymer that can be readily formed by catalytic
polymerization of propylene. Manufacture of polypropylene is largely dependent on
the availability of raw materials. This, in turn, is dependent on crude oil and natural
gas reserves. Polypropylene possesses beneficial properties such as high surface
hardness, good tensile strength, and strong chemical resistance. As a result, it has
gradually replaced other polyolefins in several applications. It is one of the most
versatile polymers used in packaging, automobile, construction, electrical &
electronics, and medical industries. Rising demand for polypropylene in the
packaging industry is likely to augment the global polypropylene market in the next
few years. Additionally, rising demand for lightweight vehicles is expected to drive
growth of the polypropylene market during the forecast period. However, growing
environmental issues and volatile raw material prices are projected to hamper
growth of the market during the forecast period. Biobased polypropylene is likely to
offer immense opportunities to polypropylene manufacturers from 2015 to 2023.
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This report provides detailed analysis of the global polypropylene market in terms of
volume (kilo tons) and revenue (US$ Mn) from 2014 to 2023. The market has been
forecast for the period between 2015 and 2023, considering 2014 as the base year.
The study also comprises drivers and restraints of the market and upcoming
opportunities during the forecast period. The report offers detailed value chain
analysis in order to measure value addition at each stage of the polypropylene
value chain right from raw material suppliers to end-users. The report comprehends
market attractiveness analysis and company market share analysis in order to
provide a complete view of the market. The report analyzes the overall competition
in the market through Porter’s Five Forces Model to study the impact of buyers,
suppliers, new entrants, degree of competition, and substitutes. The report includes
global average price trend analysis of polypropylene from 2014 to 2023.
The polypropylene market has been segmented on the basis of end-use industries,
i.e., packaging, automotive, consumer products, electrical & electronics,
construction, and others. Key regions considered in the report include North
America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each of
these regions has been further analyzed on country level based on end-use demand