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Global polypropylene market likely to reach at US$ 99.17 billion by 2022, at CAGR 5.6 % globally detailed in new research report

Time: 2019-01-04

Global polypropylene market likely to reach at US$ 99.17 billion by 2022, at CAGR 5.6 % globally detailed in new research report

 

The polypropylene market size is estimated at USD 75.40 billion in 2017 and projected to reach USD 99.17 billion by 2022, at a CAGR of 5.6% between 2017 and 2022. Polypropylene is a thermoplastic polymer which is used in a variety of applications and is produced by the combination of the propylene monomer with catalysts.

It is majorly used in the packaging industry for consumer products, food containers, cosmetic products, beverages, and others. Polypropylene is also used in the automotive industry for the manufacture of plastic parts, car bumpers, dashboards, and others.

There is a growing demand for polypropylene from applications, such as injection molding, fiber and raffia, film and sheet, blow molding, and others.

Key Target Audience:·Polypropylene Manufacturing Companies·Traders, Distributors, and Retailers·End Users·Raw Material Suppliers·Commercial R&D Institutes·Research Institutes, Trade Associations, and Government Agencies

Polypropylene Market On the basis of Type:·Homopolymer·Copolymer

Homopolymers are the most-widely used polypropylene type and are also known as Polypropylene Homopolymers (PPH). Homopolymers provide high strength to weight ratio and are stiffer than copolymers.

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