TMR_Research_Reports_2017 Polypropylene Random Copolymer Market 2023 | страница 3

Polypropylene Random
Copolymer Market
America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Amongst these, Asia
Pacific represented almost 50% of the market and stood as the leading regional segment by volume
in 2014. In this region, India, China, and ASEAN countries are expected to display substantial
demand for polypropylene random copolymers due to the increasing demand for food containers to
serve the changing lifestyle. On the other hand, Latin America market for polypropylene random
copolymer is expected to display exponential growth due to the rising demand for polypropylene
random copolymers from food and beverage and medical industries.
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However, Europe and North America are mature markets for polypropylene random copolymer and
are expected to display a dip by 2023.
Demand for Food Containers to Provide Ample Growth Opportunities
“The increasing demand for food containers and the increasing use of syringes in injectable drugs are
the topmost factor s driving the global market for polypropylene random copolymer,” says analyst at
TMR. The increasing number of supermarkets/hypermarkets in many countries globally has also
been significantly contributing to the growth of polypropylene random copolymers market.
Furthermore, the beverage industry is expected to extend growth opportunities for producers of
polypropylene random copolymers over the forecast period.
On the flip side, availability of substitutes and fluctuating raw material prices are expected to hamper
the growth of this market in the forthcoming years.
Browse Press Release:
http://www.transparencymarketresearch.com/pressrelease/polypropylene-random-
copolymer-market-size.htm
TABLE OF
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope and Assumptions
1.4 Research Methodology
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