Market Overview:
The global high strength polypropylene (HSPP) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for HSPP from the automobile industry and other end-use industries. In terms of volume, the global HSPP market is projected to reach 2,362 kilotons by 2030. Based on type, the global high strength polypropylene (HSPP) market has been segmented into copolymer and homopolymer. The copolymer segment is estimated to account for a larger share in terms of value and volume in 2018 as compared to that of homopolymer segment. However, over the forecast period (2018-2030), both segments are anticipated to grow at a similar rate owing to rising demand from various end-use industries across different regions worldwide. In terms of application, automobiles industry accounted for majority share in 2017 and is projected witness highest growth during forecast period due increasing adoption lightweight vehicles globally coupled with stringent emission norms by regulatory authorities across different countries/regions such as North America and Europe etcetera .Toy & hobbyist goods followed automobiles industry in terms revenue generated however it registered highest CAGR over last few years due introduction new product lines which are made up off high strength PP grades globally .
 Industry Outlook.svg)
Product Definition:
High Strength Polypropylene (HSPP) is a type of polypropylene that has been modified to increase its strength. It is typically used in applications where weight and durability are important factors, such as automotive parts and luggage.
Copolymer:
Copolymer is a kind of synthetic resin, which contains two or more kinds of monomers. The most common types are vinyl ester and styrene-butadiene rubber (SBR). Copolymers have many advantages over their individual components such as high strength, toughness, abrasion resistance and chemical resistance. They also have low density with high dimensional stability making them ideal for injection molding applications in the automotive industry.
Homopolymer:
Homopolymer is a chemical compound of monomer and copolymer. It is also known as single polymer or one-polymer. Homopolymers are usually prepared from synthetic monomers, which are derived from petroleum products such as ethylene, propylene and styrene. Polypropylene (PP) can be blended with other polymers to enhance properties such as impact resistance, clarity & color etc., thus making it more suitable for applications in automotive components and packaging industries among others.
Application Insights:
Automotive application segment accounted for the largest share of over 30.0% in 2017. The global market is witnessing significant growth on account of increasing demand for high strength polypropylene (HSPP) from various automotive components such as body panels, hoods, fenders and roofs. In addition, growing use of impact resistant HSPP sheets and tiles in the automobile industry to meet stringent safety norms is expected to drive the product demand over the forecast period.
High-performance polymers are used extensively across a wide range of end-use industries including building & construction, electrical & electronics and medical devices among others owing to their excellent properties such as lightweight; flexibility; chemical resistance; temperature stability; low shrinkage when exposed to heat or cold which makes them suitable for manufacturing a variety of products including circuit boards, batteries cases and housings which further boosts their consumption globally.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for high strength polypropylene (HSPP) from various end-use industries, such as automotive, construction, electrical & electronics and others.
The growing manufacturing sector in emerging economies of Asia Pacific including China and India coupled with favorable government regulations aimed at promoting domestic production has ledto an increase in industrial output which will further drive product demand over the forecast period. In addition, rising foreign investments coupled with supportive FDI policies have been encouraging global players operating in other regions such as North America and Europe to expand their operationsin this region thereby driving overall industry growth across all regions.
Growth Factors:
- Increasing demand from automotive and electrical & electronics industries
- Rising demand for lightweight and durable materials in transportation sector
- Growing consumption of HSPP in packaging applications
- Rising popularity of polypropylene composites across various end-use industries
- Technological advancements in production processes
Scope Of The Report
Report Attributes
Report Details
Report Title
High Strength Polypropylene (HSPP) Market Research Report
By Type
Copolymer, Homopolymer
By Application
Automobile Industry, Toy, Home Appliances, Others
By Companies
KPIC, Exxonmobil, LyondellBasell, SK, Borouge, Quadrant, China Sinopec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global High Strength Polypropylene (HSPP) Market Report Segments:
The global High Strength Polypropylene (HSPP) market is segmented on the basis of:
Types
Copolymer, Homopolymer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Toy, Home Appliances, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KPIC
- Exxonmobil
- LyondellBasell
- SK
- Borouge
- Quadrant
- China Sinopec
 Market Overview.svg)
Highlights of The High Strength Polypropylene (HSPP) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Copolymer
- Homopolymer
- By Application:
- Automobile Industry
- Toy
- Home Appliances
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Strength Polypropylene (HSPP) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Strength Polypropylene (HSPP) is a type of plastic that is made from a blend of propylene and butadiene. It has high strength and low weight, which makes it ideal for products that need to be durable but lightweight. HSPP is also resistant to heat, cold, and chemicals, making it a popular choice for items such as food containers and packaging.
Some of the key players operating in the high strength polypropylene (hspp) market are KPIC, Exxonmobil, LyondellBasell, SK, Borouge, Quadrant, China Sinopec.
The high strength polypropylene (hspp) market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Strength Polypropylene (HSPP) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Strength Polypropylene (HSPP) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Strength Polypropylene (HSPP) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Strength Polypropylene (HSPP) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Strength Polypropylene (HSPP) Market Size & Forecast, 2020-2028
4.5.1 High Strength Polypropylene (HSPP) Market Size and Y-o-Y Growth
4.5.2 High Strength Polypropylene (HSPP) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Copolymer
5.2.2 Homopolymer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Toy
6.2.3 Home Appliances
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Strength Polypropylene (HSPP) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Strength Polypropylene (HSPP) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Copolymer
9.6.2 Homopolymer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Toy
9.10.3 Home Appliances
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Copolymer
10.6.2 Homopolymer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Toy
10.10.3 Home Appliances
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Copolymer
11.6.2 Homopolymer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Toy
11.10.3 Home Appliances
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Copolymer
12.6.2 Homopolymer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Toy
12.10.3 Home Appliances
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Copolymer
13.6.2 Homopolymer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Toy
13.10.3 Home Appliances
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Strength Polypropylene (HSPP) Market: Competitive Dashboard
14.2 Global High Strength Polypropylene (HSPP) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KPIC
14.3.2 Exxonmobil
14.3.3 LyondellBasell
14.3.4 SK
14.3.5 Borouge
14.3.6 Quadrant
14.3.7 China Sinopec
