Global Polypropylene Market, 2014-2024: By Type, By Application, and By End Use Industry
|聚丙烯的全球市場(2014年∼2024年):各類型，各用途，及各最終用途產業 Global Polypropylene Market, 2014-2024: By Type, By Application, and By End Use Industry|
|出版日期: 2020年09月01日||內容資訊: 英文||
Global Polypropylene Market, 2014-2024: By Type (Homopolymers and Copolymers), By Application (Oven Products, Injection Products, Film, Fiber, Extruded Products, and Other), and By End Use Industry (Packaging, Automotive, Building & Construction, and Others).
Polypropylene is a crystalline thermoplastic polymer. It is a synthetic resin built up by the polymerization of propylene. Polypropylene belongs to the group of polyolefins and is partially crystalline and non-polar. It has the lowest density among commodity plastics. It has excellent resistance to diluted and concentrated acids, alcohols and bases. Polypropylene is a highly flammable material. Polypropylene retains mechanical & electrical properties at elevated temperatures, in humid conditions and when submersed in water. It is a water-repellent plastic. It has good resistance to environmental stress and poor resistance to UV.
Polypropylene can be categories into homopolymers and copolymers. Polypropylene homopolymer is the most widely utilized general-purpose grade. It contains only propylene monomer in a semi-crystalline solid form. Polypropylene copolymer family is further divided into random copolymers and block copolymers produced by polymerizing of propene and ethane. Based on polymerization, it can be sub classified based on position of the methyl groups into atactic polypropylene (aPP), isotactic polypropylene (iPP), and syndiotactic polypropylene (sPP). Polypropylene has wide area of end use industry application included packaging, automotive, building & construction, and medical .It is widely adopted in woven products, injection products, film, fiber, and extruded products. Due to its good barrier properties it is widely used in packing applications. It can be used in several household products and consumer goods applications including translucent parts, housewares, furniture, appliances, luggage, toys etc. It exhibits low cost, outstanding mechanical properties which leads to used widely in the manufacturing of automotive parts such as, battery cases and trays, bumpers, fender liners, interior trim, instrumental panels and door trims. Due to high chemical and bacterial resistance it also found widely used in medical appliances. Disposable syringes is most widely used application. In addition, it is widely used as a raw material in 3D printing.
The global polypropylene research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global polypropylene market is growing at a fast pace and increasing its geographical footprint rapidly. The global polypropylene market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due increasing demand from end use industry. The major growth driver for polypropylene market is the rising adoption automotive industry due to its low cost, excellent mechanical and moldability properties. Also, rising use in packing industry, consumer goods and electronics products is expected to drive the growth of polypropylene market in the region.
Polypropylene enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of polypropylene market globally. The companies that lead global market are, LyondellBasell, SABIC, Braskem, Total, ExxonMobil, JPP, Prime Polymer, Reliance Industries, Formosa Plastics, Sinopec, CNPC, and Shenhua.
The research process includes the market segmentation of the global polypropylene market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global polypropylene market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: