Polypropylene Market Growth Analysis, Industry Size, Share and Forecast to 2023


Posted August 2, 2019 by MPatni

Global Polypropylene Market Information- By Application (Agriculture, Automotive, Construction, Packaging, Electrical & Electronics) – Forecast Till 2023
 
Polypropylene Market Overview:
Polypropylene Market has been driven by its growing consumption in various sectors such as agriculture, automotive, construction, packaging, electrical & electronics, and others. Moreover, it is estimated that the automotive segment is set to witness the highest growth in the market due to rising substitution of heavy metals by lightweight materials.
Polypropylene Market is bifurcated based on application. On the basis of application, the market is sub-divided into agriculture, automotive, construction, packaging, electrical & electronics, and others. Among these, automotive segment holds a major share of the market on account of the growing use of polypropylene materials to manufacture high standard and efficient vehicles.
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Polypropylene Market Key Players:
• The Dow Chemical Company (U.S.)
• LyondellBasell (U.S.)
• Exxon Mobil Corporation (U.S.)
• SABIC (Saudi Arabia)
• INEOS (Switzerland.)
• LANXESS (Germany)
• Chevron Phillips Chemical Company (U.S.)
• Eni S.p.A. (Italy)
• BASF SE (Germany)
• LG Chem (South Korea)
among others are some of the prominent players at the forefront of competition in the global Polypropylene Market and are profiled in MRFR Analysis.
Polypropylene Market Regional Analysis:
Polypropylene Market is segmented across five regions in the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing demand for polymers in agriculture, automotive, construction, packaging, electrical & electronics. The automotive segment is predicted to witness a rapid growth in the market, due to the growing consumption of low density materials to produce high standard and efficient vehicles in countries such as China, Japan and India are the major players in the market.
The North American region is growing significantly in the market due to the increasing demand for thermoplastic materials in construction and buildings, medical and automobile sectors. It is predicted that the high disposable income and heavy investments in major industries is set to drive the automobile segment to lead the market during the forecast period. The growing demand of polypropylene glycol and propylene glycol in pharmacy, healthcare and automotive industries has propelled the countries such as the U.S., Canada and Mexico to achieve a stunning growth in the market.
Polypropylene Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Polypropylene Market
Polypropylene Market Table of Content to be Continue...….,
Complete List of Tables and Figures @ https://www.marketresearchfuture.com/reports/polypropylene-market-1063
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Issued By Mpatni
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Business Address Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Country India
Categories Business , Industry
Tags polypropylene market share , polypropylene market size
Last Updated August 2, 2019