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Polypropylene Market Size to Worth Around USD 165.5 Bn by 2030

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The global Polypropylene market is expected to grow at a CAGR of around 6.4% over the forecast period 2021 to 2030 and expected to reach the market value of around US$ 165.5 billion by 2030.

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Growth Factors

 The growing aging population, increasing healthcare awareness, and the COVID-19 pandemic situation are some of the major factors driving the market for medical 3D printing plastics. The market is primarily driven by rising demand for face masks, head and shoe covers, surgical masks and gloves, personal protective gowns, and various other products in tackling the COVID-19 pandemic situation. Besides personal protective wearables, medical 3D printing plastics are widely used in the manufacturing of medical products, such as dental and bone implants, prosthetics, and various other medical devices.

Report Coverage

Report Scope Details
Market Size USD 165.5 billion by 2030
Growth Rate CAGR of 6.4% From 2021 to 2030
Base Year 2021
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Process, Application, End use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned 3D Systems, Inc.; Apium Additive Technologies GmbH; Arkema; DSM; ENVISIONTEC, INC.; Evonik Industries AG; SABIC; Solvay; Stratasys Ltd; Victrex plc.

Report Highlights

Homopolymer led the market and dominated for 85.4% share of the global revenue in 2020. Rising application of homopolymer polypropylene in manufacturing of various components, such as orthotic and prosthetic devices, pump components, secondary containments, and storage tanks, for various end-use industries, such as healthcare, automotive, and construction, is expected to drive the segment over the forecast period.

Film and sheet segment led the market and dominated for nearly 33% share of the global revenue in 2020. Rising application of polypropylene in packaging materials, binders, boxes, and portfolios owing to its better chemical resistance, high temperature stability, excellent moisture barrier, high temperatures stability, excellent chemical resistance, and exceptional contact clarity is expected to propel the segment growth over the forecast period.

Packaging segment led the market and dominated for a 36.8% share of the global revenue in 2020. Product properties such as high flexibility and the ability to survive in extreme conditions are expected to drive the demand for polypropylene in the packaging segment.

Injection molding led the market and dominated for over 36% share of the global revenue in 2020. A wide range of applications of injection-molded polypropylene in various end-use markets, such as automotive, packaging, and electrical and electronics, owing to its excellent high impact strength, moisture resistance, and chemical resistance is expected to drive the demand for injection molded polypropylene products over the forecast period.

Asia Pacific dominated the market and dominated for over 48% share of the global revenue in 2020. Growing demand for polypropylene from the automotive and packaging sector, especially in countries such as India, China, and Japan, is expected to drive the market in the region. The presence of market leaders such as Formosa Plastics Group, China Petrochemical Corporation, LG Chem, and Sumitomo Chemical in the region is also expected to augment the demand for polypropylene in the region in the coming years.

North America captured a revenue share of over 16% in 2020. One of the major factors driving the market in the region is the increasing use of packaging in the food and beverage industry in countries, such as the U.S., Canada, and Mexico. In addition, the increasing number of R&D centers and rising consumer demand for lightweight automotive components and electronic products are propelling the demand in the region.

Key Players

  • SABIC
  • Exxon Mobil Corporation
  • Lyondellbasell Industries Holdings B.V.,
  • China Petrochemical Corporation
  • BASF SE
  • Eastman Chemical Company
  • LG Chem

Market Segmentation

  • Type
    • Homopolymer
    • Copolymer
  • Process
    • Injection Molding
    • Blow Molding
    • Extrusion
    • Other
  • Application
    • Fiber
    • Film and Sheet
    • Raffia
    • Other
  • End-use
    • Automotive
    • Building & Construction
    • Packaging
    • Medical
    • Electrical & Electronics
    • Others
  • Regional
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • The U.K.
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Central and South America
      • Brazil
      • Argentina
    • Middle East and Africa
      • Saudi Arabia
      • UAE

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Polypropylene Market, By Type

7.1.  Polypropylene Market, by Type, 2020-2030

7.1.1.    Homopolymer

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Copolymer

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Polypropylene Market, By Process

8.1.  Polypropylene Market, by Process, 2020-2030

8.1.1.    Injection Molding

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Blow Molding

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Extrusion

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Other

8.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Polypropylene Market, By End User

9.1.  Polypropylene Market, by End User, 2020-2030

9.1.1.    Automotive

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Building & Construction

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Packaging

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Medical

9.1.4.1.        Market Revenue and Forecast (2017-2030)

9.1.5.    Electrical & Electronics

9.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Polypropylene Market, By Application

10.1.        Polypropylene Market, by Application, 2020-2030

10.1.1.  Fiber

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Film and Sheet

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  Raffia

10.1.3.1.      Market Revenue and Forecast (2017-2030)

10.1.4.  Other

10.1.4.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Polypropylene Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Type (2017-2030)

11.1.2.  Market Revenue and Forecast, by Process (2017-2030)

11.1.3.  Market Revenue and Forecast, by End User (2017-2030)

11.1.4.  Market Revenue and Forecast, by Application (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Process (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Process (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Type (2017-2030)

11.2.2.  Market Revenue and Forecast, by Process (2017-2030)

11.2.3.  Market Revenue and Forecast, by End User (2017-2030)

11.2.4.  Market Revenue and Forecast, by Application (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Process (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Process (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Process (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by End User (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Process (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by End User (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Type (2017-2030)

11.3.2.  Market Revenue and Forecast, by Process (2017-2030)

11.3.3.  Market Revenue and Forecast, by End User (2017-2030)

11.3.4.  Market Revenue and Forecast, by Application (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Process (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Process (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Process (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by End User (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Process (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by End User (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Type (2017-2030)

11.4.2.  Market Revenue and Forecast, by Process (2017-2030)

11.4.3.  Market Revenue and Forecast, by End User (2017-2030)

11.4.4.  Market Revenue and Forecast, by Application (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Process (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Process (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Process (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by End User (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Process (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by End User (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Type (2017-2030)

11.5.2.  Market Revenue and Forecast, by Process (2017-2030)

11.5.3.  Market Revenue and Forecast, by End User (2017-2030)

11.5.4.  Market Revenue and Forecast, by Application (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Process (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Process (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 12.  Company Profiles

12.1.              SABIC

12.1.1.  Company Overview

12.1.2.  Product Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              Exxon Mobil Corporation

12.2.1.  Company Overview

12.2.2.  Product Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              Lyondellbasell Industries Holdings B.V.,

12.3.1.  Company Overview

12.3.2.  Product Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              China Petrochemical Corporation

12.4.1.  Company Overview

12.4.2.  Product Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              BASF SE

12.5.1.  Company Overview

12.5.2.  Product Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              Eastman Chemical Company

12.6.1.  Company Overview

12.6.2.  Product Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

12.7.              LG Chem

12.7.1.  Company Overview

12.7.2.  Product Offerings

12.7.3.  Financial Performance

12.7.4.  Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

Glossary of Terms

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