Market Overview:
The global polypropylene and polypropylene composites market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and durable materials in transportation, electricals & electronics, aerospace & defense, and other applications. Polypropylene composites are increasingly being used as an alternative to traditional materials such as metals and plastics due to their superior properties such as high strength-to-weight ratio, corrosion resistance, thermal stability, and low manufacturing cost. In terms of volume, the transportation segment is expected to account for the largest share of the global polypropylene composites market in 2018. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rapid industrialization and economic development in countries such as China and India.
Product Definition:
Polypropylene is a thermoplastic polymer used in a wide variety of applications, including packaging, textiles, automotive components, and construction materials. Polypropylene composites are made by combining polypropylene with other materials such as glass fibers or carbon fibers. They are used in a variety of applications including automotive parts, sporting goods, and construction materials.
Polypropylene (PP):
Polypropylene is a widely used thermoplastic polymer in the automotive and electrical & electronics industries. It is also used in various other industries including packaging, consumer goods, construction, and textile. Polypropylene has high chemical resistance along with excellent mechanical properties making it suitable for use in automotive components as an alternative to metals such as aluminum and steel.
Polypropylene Composites:
Polypropylene (PP) and Polypropylene Composites are thermoplastic resins that are manufactured from the polymerization of propylene. It is a non-toxic, colorless, odorless solid material that has high heat and chemical resistance.
Application Insights:
The transportation application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for lightweight and high-performance materials in this application is expected to drive the demand for PP composites, thereby influencing prices positively.
Polypropylene composites are used as an alternative to metals & alloys in various end-use industries including automotive, consumer goods, medical equipment and construction owing to its properties such as weight reduction with improvement of strength & stiffness ratio resulting into improved fuel efficiency. Furthermore, they are also used extensively across different components of vehicles including body structure (frames), interior trim (seats) dashboards instrument panel door panels headliners wheel covers tires among others which is expected to propel their use over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global revenue in 2016 owing to high product demand from various end-use industries, such as transportation, electrical & electronics, aerospace & defense. China is projected to be one of the major manufacturing hubs for these products due to availability of raw materials and cheap labor.
The Asia Pacific economy has been witnessing strong growth since 2009 after a deep recession in 2008/09 that had severely tested economic systems worldwide.
Growth Factors:
- Growing demand from automotive and construction industries
- Increasing use of polypropylene in packaging applications
- Rising demand for lightweight and durable materials in automotive industry
- Growing popularity of polypropylene composites in marine applications
- Increasing use of polypropylene composites in wind energy sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Polypropylene and Polypropylene Composites Market Research Report
By Type
Polypropylene (PP), Polypropylene Composites
By Application
Transportation, Electricals & Electronics, Aerospace & Defense, Others
By Companies
Borealis, Sumitomo Chemicals, Exxon Mobil, Sinopec, SABIC, Formosa Plastics, Lyondell Basell Industries, DuPont, INEOS, Braskem, Borealis
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Polypropylene and Polypropylene Composites Market Report Segments:
The global Polypropylene and Polypropylene Composites market is segmented on the basis of:
Types
Polypropylene (PP), Polypropylene Composites
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
Transportation, Electricals & Electronics, Aerospace & Defense, 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:
- Borealis
- Sumitomo Chemicals
- Exxon Mobil
- Sinopec
- SABIC
- Formosa Plastics
- Lyondell Basell Industries
- DuPont
- INEOS
- Braskem
- Borealis
Highlights of The Polypropylene and Polypropylene Composites 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:
- Polypropylene (PP)
- Polypropylene Composites
- By Application:
- Transportation
- Electricals & Electronics
- Aerospace & Defense
- 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 Polypropylene and Polypropylene Composites 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
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?
Polypropylene is a thermoplastic polymer made from propylene gas and ethylene. Polypropylene composites are materials that are composed of polypropylene fibers or flakes bonded together with a thermosetting resin.
Some of the major players in the polypropylene and polypropylene composites market are Borealis, Sumitomo Chemicals, Exxon Mobil, Sinopec, SABIC, Formosa Plastics, Lyondell Basell Industries, DuPont, INEOS, Braskem, Borealis.
The polypropylene and polypropylene composites 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 Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Market Size & Forecast, 2018-2028
4.5.1 Polypropylene and Polypropylene Composites Market Size and Y-o-Y Growth
4.5.2 Polypropylene and Polypropylene Composites Market Absolute $ Opportunity
Chapter 5 Global Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Market Size Forecast by Type
5.2.1 Polypropylene (PP)
5.2.2 Polypropylene Composites
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Electricals & Electronics
6.2.3 Aerospace & Defense
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Analysis and Forecast
9.1 Introduction
9.2 North America Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Market Size Forecast by Type
9.6.1 Polypropylene (PP)
9.6.2 Polypropylene Composites
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 Polypropylene and Polypropylene Composites Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Electricals & Electronics
9.10.3 Aerospace & Defense
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 Polypropylene and Polypropylene Composites Analysis and Forecast
10.1 Introduction
10.2 Europe Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Market Size Forecast by Type
10.6.1 Polypropylene (PP)
10.6.2 Polypropylene Composites
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 Polypropylene and Polypropylene Composites Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Electricals & Electronics
10.10.3 Aerospace & Defense
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 Polypropylene and Polypropylene Composites Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Market Size Forecast by Type
11.6.1 Polypropylene (PP)
11.6.2 Polypropylene Composites
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 Polypropylene and Polypropylene Composites Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Electricals & Electronics
11.10.3 Aerospace & Defense
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 Polypropylene and Polypropylene Composites Analysis and Forecast
12.1 Introduction
12.2 Latin America Polypropylene and Polypropylene Composites 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 Polypropylene and Polypropylene Composites Market Size Forecast by Type
12.6.1 Polypropylene (PP)
12.6.2 Polypropylene Composites
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 Polypropylene and Polypropylene Composites Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Electricals & Electronics
12.10.3 Aerospace & Defense
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) Polypropylene and Polypropylene Composites Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polypropylene and Polypropylene Composites 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) Polypropylene and Polypropylene Composites Market Size Forecast by Type
13.6.1 Polypropylene (PP)
13.6.2 Polypropylene Composites
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) Polypropylene and Polypropylene Composites Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Electricals & Electronics
13.10.3 Aerospace & Defense
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 Polypropylene and Polypropylene Composites Market: Competitive Dashboard
14.2 Global Polypropylene and Polypropylene Composites Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Borealis
14.3.2 Sumitomo Chemicals
14.3.3 Exxon Mobil
14.3.4 Sinopec
14.3.5 SABIC
14.3.6 Formosa Plastics
14.3.7 Lyondell Basell Industries
14.3.8 DuPont
14.3.9 INEOS
14.3.10 Braskem
14.3.11 Borealis
