Market Overview:
The global PPO resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PPO resin from various end-use industries, such as electronic and electrical, automotive industry, machinery industry, chemical industry, medical instruments and others. Asia Pacific is expected to be the fastest growing region in terms of CAGR during the forecast period.
Product Definition:
PPO resin is a type of thermoplastic polyolefin. It has good resistance to chemicals and solvents, as well as good toughness and impact strength. It is commonly used in the production of automotive parts, plumbing fittings, and medical devices.
PPO Resin:
PPO resin is a kind of synthetic rubber, which is produced by the polymerization of styrene-butadiene. It has high resistance to oil and chemicals, excellent elasticity and tensile strength, good abrasion resistance and it also has a low coefficient of friction. All these properties make PPO resin very suitable for use in tires as an inner tire or tread layer.
mPPO Resin:
mPPO resin is a kind of synthetic polymer, which is produced by the catalytic oxidation of methylene diphenyl diisocyanate (MDI) in presence molds or reactors. It has high thermal stability and low glass transition temperature making it suitable for use as adhesives and sealants.
Application Insights:
The global PPO resin market is segmented by application into automotive industry, machinery industry, electronics and electrical appliances industry, chemical and pharmaceuticals industries. The medical equipment was the largest application segment in 2017. This growth can be attributed to increasing product demand from the medical sector as it offers excellent biocompatibility along with high performance properties required for implants and prosthetics.
Electronics & electrical was one of the leading applications segments in 2017 owing to its rising demand from various end-use industries such as telecommunication devices, consumer durables including refrigerators/freezers/TVs/stereos etc., semiconductor packaging among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as automotive, machinery, electrical & electronics. China is one of the largest producers and consumers of PPO products in this region. In addition, India has also been witnessing a steady growth in its industrial output which includes manufacturing sector since past few years due to improvement in economic conditions and rise in disposable income among middle-class population groups. This factor is anticipated to fuel product demand over the next eight years.
Europe was estimated as second largest regional market for PPO resin owing to high production volume attained by major manufacturers operating within Europe coupled with growing application scope across several industries including automotive industry, construction industry etc.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
- Rising demand for lightweight and fuel-efficient vehicles
- Growing investments in infrastructure development projects
- Proliferation of electric vehicles
- Stringent environmental regulations
Scope Of The Report
Report Attributes
Report Details
Report Title
PPO Resin Market Research Report
By Type
PPO Resin, mPPO Resin
By Application
Electronic and Electrical, Automotive Industry, Machinery Industry, Chemical Industry, Medical Instruments, Other
By Companies
Sanic(GE), Romira(BASF), Asahi Kasei Chemicals, Mitsubishi Chemicals, Evonik, Sumitomo Chemicals, Bluestar, Kingfa Science and Technology, RTP Company, Premier Plastic Resin, Entec Polymers
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 PPO Resin Market Report Segments:
The global PPO Resin market is segmented on the basis of:
Types
PPO Resin, mPPO Resin
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
Electronic and Electrical, Automotive Industry, Machinery Industry, Chemical Industry, Medical Instruments, Other
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:
- Sanic(GE)
- Romira(BASF)
- Asahi Kasei Chemicals
- Mitsubishi Chemicals
- Evonik
- Sumitomo Chemicals
- Bluestar
- Kingfa Science and Technology
- RTP Company
- Premier Plastic Resin
- Entec Polymers
Highlights of The PPO Resin 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:
- PPO Resin
- mPPO Resin
- By Application:
- Electronic and Electrical
- Automotive Industry
- Machinery Industry
- Chemical Industry
- Medical Instruments
- Other
- 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 PPO Resin 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?
PPO resin is a type of plastic that is made from polypropylene. It has a high resistance to heat, chemicals, and scratches. PPO resin is often used in products that need to be resistant to wear and tear, such as toys and phone cases.
Some of the key players operating in the ppo resin market are Sanic(GE), Romira(BASF), Asahi Kasei Chemicals, Mitsubishi Chemicals, Evonik, Sumitomo Chemicals, Bluestar, Kingfa Science and Technology, RTP Company, Premier Plastic Resin, Entec Polymers.
The ppo resin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PPO Resin 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 PPO Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PPO Resin 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 PPO Resin 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 PPO Resin Market Size & Forecast, 2018-2028
4.5.1 PPO Resin Market Size and Y-o-Y Growth
4.5.2 PPO Resin Market Absolute $ Opportunity
Chapter 5 Global PPO Resin 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 PPO Resin Market Size Forecast by Type
5.2.1 PPO Resin
5.2.2 mPPO Resin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PPO Resin 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 PPO Resin Market Size Forecast by Applications
6.2.1 Electronic and Electrical
6.2.2 Automotive Industry
6.2.3 Machinery Industry
6.2.4 Chemical Industry
6.2.5 Medical Instruments
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PPO Resin 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 PPO Resin 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 PPO Resin Analysis and Forecast
9.1 Introduction
9.2 North America PPO Resin 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 PPO Resin Market Size Forecast by Type
9.6.1 PPO Resin
9.6.2 mPPO Resin
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 PPO Resin Market Size Forecast by Applications
9.10.1 Electronic and Electrical
9.10.2 Automotive Industry
9.10.3 Machinery Industry
9.10.4 Chemical Industry
9.10.5 Medical Instruments
9.10.6 Other
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 PPO Resin Analysis and Forecast
10.1 Introduction
10.2 Europe PPO Resin 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 PPO Resin Market Size Forecast by Type
10.6.1 PPO Resin
10.6.2 mPPO Resin
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 PPO Resin Market Size Forecast by Applications
10.10.1 Electronic and Electrical
10.10.2 Automotive Industry
10.10.3 Machinery Industry
10.10.4 Chemical Industry
10.10.5 Medical Instruments
10.10.6 Other
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 PPO Resin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PPO Resin 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 PPO Resin Market Size Forecast by Type
11.6.1 PPO Resin
11.6.2 mPPO Resin
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 PPO Resin Market Size Forecast by Applications
11.10.1 Electronic and Electrical
11.10.2 Automotive Industry
11.10.3 Machinery Industry
11.10.4 Chemical Industry
11.10.5 Medical Instruments
11.10.6 Other
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 PPO Resin Analysis and Forecast
12.1 Introduction
12.2 Latin America PPO Resin 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 PPO Resin Market Size Forecast by Type
12.6.1 PPO Resin
12.6.2 mPPO Resin
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 PPO Resin Market Size Forecast by Applications
12.10.1 Electronic and Electrical
12.10.2 Automotive Industry
12.10.3 Machinery Industry
12.10.4 Chemical Industry
12.10.5 Medical Instruments
12.10.6 Other
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) PPO Resin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PPO Resin 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) PPO Resin Market Size Forecast by Type
13.6.1 PPO Resin
13.6.2 mPPO Resin
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) PPO Resin Market Size Forecast by Applications
13.10.1 Electronic and Electrical
13.10.2 Automotive Industry
13.10.3 Machinery Industry
13.10.4 Chemical Industry
13.10.5 Medical Instruments
13.10.6 Other
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 PPO Resin Market: Competitive Dashboard
14.2 Global PPO Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sanic(GE)
14.3.2 Romira(BASF)
14.3.3 Asahi Kasei Chemicals
14.3.4 Mitsubishi Chemicals
14.3.5 Evonik
14.3.6 Sumitomo Chemicals
14.3.7 Bluestar
14.3.8 Kingfa Science and Technology
14.3.9 RTP Company
14.3.10 Premier Plastic Resin
14.3.11 Entec Polymers
