Polypropylene (PP) is the second most important standard plastic after polyethylene, compatible with many processing technologies, and used for the most diverse applications ranging from packaging to household appliances, clothes, and vehicles. Ceresana analyzed the global market for polypropylene already for the fifth time. The latest report of the market research company expects revenues for this type of plastic to grow by, on average, 4.9% per year until 2026.
Packaging Producers Are Major Consumers
The most important sales market for polypropylene in 2018 was flexible packaging: A total of 16.4 million tonnes were processed in films, bags, and sacks. Another 15.5 million tonnes of polypropylene were used for the production of rigid packaging, such as containers and lids for food and beverages, chemicals as well as industrial and household products. Demand in the application areas consumer goods and fibers followed.
Injection molding is an important processing technology in the plastics industry and of special importance for polypropylene in particular. The comparatively fast process is used for the production of large volumes of identical goods ranging from disposable products to highly complex precision components. The types of molded parts made are almost limitless. In 2018, almost 23.6 million tonnes of PP were processed in injection molding.
Copolymers Are More Popular Than Homopolymers
Polypropylene is a semi-crystalline thermoplastic polymer. Besides uniform homopolymers, there are various copolymers such as random and block copolymers. These plastic types have mainly similar characteristics, different properties, however, help with the choice of the best material for specific applications and a desired budget. Compared to homopolymers, polypropylene copolymers will presumably account for notably higher growth rates at 3.6% per year until 2026.
The Study in Brief:
Chapter 1 provides a detailed description and analysis of the global polypropylene market – including forecasts up to 2026: The development of demand (tonnes), revenues (dollar and euro), as well as production (tonnes) is depicted for each region.
Additionally, the individual application areas of polypropylene are analyzed. The following applications are examined individually:
- Packaging Films
- Bags & Sacks
- Heavy Duty and Industry Sacks
- Food Containers
- Industrial and Transportation Containers
- Containers for Beverages & Other
- Fibers
- Transportation
- Electrics & Electronics
- Consumer Goods
- Construction
- Other Applications
Chapter 2 examines 27 countries in more detail: France, Germany, Italy, Spain, the Netherlands, the United Kingdom, Poland, Russia, Turkey, Canada, Mexico, the USA, Argentina, Brazil, China, India, Indonesia, Japan, Malaysia, South Korea, Taiwan, Thailand, Vietnam, Iran, Saudi Arabia, Egypt, and South Africa. Country-specific information is given on:
- Demand
- Revenues
- Trade
- Production, and capacity
- Demand and revenues for the individual application areas
- Demand per product type (homopolymer / copolymer)
- Demand split by processing technology (injection molding / films & sheets - extrusion / other extrusion / other technologies)
Chapter 3 provides useful company profiles of the largest producers of polypropylene – clearly arranged according to contact details, turnover, profit, product range, production sites, capacities, and profile summary. In-depth profiles of 87 producers are given, including China Petroleum & Chemical Corp. (Sinopec Corp.), LyondellBasell Industries N.V., Braskem S.A., China National Petroleum Corporation (CNPC), Saudi Basic Industries Corp. (SABIC), Total S.A., Reliance Industries Ltd., China Energy Investment Corporation (China Energy), ExxonMobil Corporation, and Borealis AG.