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PP Homopolymer Market: Packaging End Use Segment Likely to Dominate Global Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

PP Homopolymer Market: Packaging End Use Segment Likely to Dominate Global Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Homo Polypropylene or polypropylene (PP) homopolymer is widely used in the plastic processing industry to make various products for household, automotive, electrical, electronics, packaging, personal care, medical, and other applications. PP homopolymer offers a high strength to weight ratio and provides good chemical resistance and weldability. Owing to its huge application base, PP homopolymer is a large volume commodity material. The global consumption of PP homopolymer was pegged at 42.0 million metric tonnes in 2015. Sales revenue of the global PP homopolymer market is expected to register a CAGR of 5.5% over the forecast period (2016–2026).

Increasing consumption of PP homopolymer in the packaging industry and a high growth of the retail sector likely to boost market growth

Increasing consumption of PP homopolymer in the packaging industry is one of the key factors driving its demand in the global market. Characteristics such as high physical strength and chemical resistance makes PP homopolymer a material of choice for packaging applications. With the rise of the retail and e-commerce sectors, demand for high end packaging is increasing, which in turn is expected to drive the demand for PP homopolymer across the globe. In order to comply with various government and environmental regulations, automobile manufacturers around the world are focussed on decreasing carbon emissions from vehicles and PP homopolymer plays a key role here. Use of PP homopolymer in automotive applications leads to reduced weight of the vehicle, consequently increasing its fuel efficiency. In order to capitalise on the opportunities in the market, market players are introducing new grades of PP homopolymer for various new applications to increase their market share in the global market.

However, in the last few years, automobile OEMs have been switching from PP homopolymer to PP copolymer and aluminium for manufacturing specific vehicle parts as PP copolymer and aluminium provide better toughness and durability than PP homopolymer. This is likely to restrict the growth of the global PP homopolymer market over the forecast period.

Market segmentation

By Processing Technology

By End Use

By Region

Injection Moulding

Film

Other Extrusion

Fibre

Others (blow moulding, sheet etc.)

Packaging

Flexible Packaging

Rigid Packaging

Electrical and Electronics

Textile

Automotive

Building and Construction

Others

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific excluding Japan (APEJ)

Japan

Middle East & Africa (MEA)

Injection Moulding processing technology segment anticipated to hold largest market value share throughout the forecast period

The injection moulding segment is projected to account for 39.4% value share in the global PP homopolymer market by 2016 end, registering a CAGR of 6.1% over the forecast period. High demand for injection moulded products for home care, personal care, appliances, and other applications is expected to be a key reason for the segment’s growth through 2026.

Packaging end use segment likely to dominate the global PP homopolymer market throughout the forecast period

The packaging segment dominated the global PP homopolymer market in 2015 and the segment is forecast to exhibit a CAGR of 6.0%. Increasing consumption of PP homopolymer – particularly for flexible packaging used in the food and beverage industry – is expected to fuel the growth of this segment.

APEJ estimated to dominate the global PP homopolymer market in terms of value

The APEJ PP homopolymer market is estimated to represent 38.9% value share in the global PP homopolymer market by the end of 2016, and this regional market is expected to increase at a value CAGR of 5.8% over the forecast period. The MEA homopolymer market is anticipated to register a CAGR of 5.4% during the forecast period.

pp homopolymer market

Leading market players are focussing on increasing global market presence through new product launches and strategic joint ventures and partnerships

LyondellBasell Industries, Braskem S.A., The Dow Chemical Company, Reliance Industries Limited, L.C.Y. Chemical Corporation, Total Petrochemicals USA Inc., IRPC Public Company Limited., Sasol Limited., National Petrochemical Industrial Company, and The Polyolefin Company (Singapore) Pte Ltd. are some of the top companies operating in the global PP homopolymer market. Some of these companies are focussed on launching new PP homopolymer grades for various applications to increase their brand value. Top companies are also expanding their production capacities to strengthen their product portfolio and grab a larger share of the global PP homopolymer market.


1. Executive Summary
2. PP Homopolymer Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Global PP Homopolymer Market Analysis Scenario
3.1. Market Volume Analysis
3.2. Pricing Analysis
3.2.1. Pricing Assumptions
3.2.2. Price Projections Per Region
3.3. PP Homopolymer Market Size (US$ Mn) and Forecast
3.3.1. Market Size and Y-o-Y Growth
3.3.2. Absolute $ Opportunity
3.4. PP Homopolymer Market Overview
3.4.1. Value Chain
3.4.2. Profitability Margins
3.4.3. List of Active Participants
3.4.3.1. Raw Material
3.4.3.2. Manufacturers
3.4.3.3. Distributors
4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunity
4.4. Forecast Factors – Relevance and Impact
5. Global PP Homopolymer Market Analysis and Forecast, By Processing Technology
5.1. Introduction
5.1.1. Basis Point Share (BPS) Analysis By Processing Technology
5.1.2. Y-o-Y Growth Projections By Processing Technology
5.2. Market Size (US$ Mn) and Volume (KT) Forecast By Processing Technology
5.2.1. Injection Moulding
5.2.2. Film
5.2.3. Other Extrusion
5.2.4. Fiber
5.2.5. Others
5.3. Market Attractiveness Analysis By Processing Technology
6. Global PP Homopolymer Market Analysis and Forecast, By End Use
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis By End Use
6.1.2. Y-o-Y Growth Projections By End Use
6.2. Market Size (US$ Mn) and Volume (KT) Forecast By End Use
6.2.1. Packaging
6.2.2. Electrical & Electronics
6.2.3. Textile
6.2.4. Automotive
6.2.5. Building & Construction
6.2.6. Others
6.3. Market Attractiveness Analysis By End Use
7. Global PP Homopolymer Market Analysis and Forecast, By Region
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis By Region
7.1.2. Y-o-Y Growth Projections By Region
7.2. Market Size (US$ Mn) and Volume (KT) Forecast By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Western Europe
7.2.4. Eastern Europe
7.2.5. APEJ
7.2.6. Japan
7.2.7. Middle East & Africa
7.3. Market Attractiveness By Region
8. North America PP Homopolymer Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis By Country
8.1.2. Y-o-Y Growth Projections By Country
8.1.3. Key Regulations
8.2. Market Size (US$ Mn) and Volume (KT) Forecast By Country
8.2.1. U.S.
8.2.2. Canada
8.3. Market Size (US$ Mn) and Volume (KT) Forecast By Processing Technology
8.3.1. Injection Moulding
8.3.2. Film
8.3.3. Other Extrusion
8.3.4. Fiber
8.3.5. Others
8.4. Market Size (US$ Mn) and Volume (KT) Forecast By End Use
8.4.1. Packaging
8.4.2. Electrical & Electronics
8.4.3. Textile
8.4.4. Automotive
8.4.5. Building & Construction
8.4.6. Others
8.5. Market Attractiveness Analysis
8.5.1. By Processing Technology
8.5.2. By End Use
8.5.3. BY Country
8.6. Prominent Trends
8.7. Drivers and Restraints: Impact Analysis
9. Western Europe PP Homopolymer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis By Country
9.1.2. Y-o-Y Growth Projections By Country
9.1.3. Key Regulations
9.2. Market Size (US$ Mn) and Volume (KT) Forecast By Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. Spain
9.2.5. U.K.
9.2.6. Rest of Western Europe
9.3. Market Size (US$ Mn) and Volume (KT) Forecast By Processing Technology
9.3.1. Injection Moulding
9.3.2. Film
9.3.3. Other Extrusion
9.3.4. Fiber
9.3.5. Others
9.4. Market Size (US$ Mn) and Volume (KT) Forecast By End Use
9.4.1. Packaging
9.4.2. Electrical & Electronics
9.4.3. Textile
9.4.4. Automotive
9.4.5. Building & Construction
9.4.6. Others
9.5. Market Attractiveness Analysis
9.5.1. By Processing Technology
9.5.2. By End Use
9.5.3. BY Country
9.6. Prominent Trends
9.7. Drivers and Restraints: Impact Analysis
10. APEJ PP Homopolymer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis By Country
10.1.2. Y-o-Y Growth Projections By Country
10.1.3. Key Regulations
10.2. Market Size (US$ Mn) and Volume (KT) Forecast By Country
10.2.1. China
10.2.2. ASEAN
10.2.3. Oceania
10.2.4. India
10.2.5. Rest of APEJ
10.3. Market Size (US$ Mn) and Volume (KT) Forecast By Processing Technology
10.3.1. Injection Moulding
10.3.2. Film
10.3.3. Other Extrusion
10.3.4. Fiber
10.3.5. Others
10.4. Market Size (US$ Mn) and Volume (KT) Forecast By End Use
10.4.1. Packaging
10.4.2. Electrical & Electronics
10.4.3. Textile
10.4.4. Automotive
10.4.5. Building & Construction
10.4.6. Others
10.5. Market Attractiveness Analysis
10.5.1. By Processing Technology
10.5.2. By End Use
10.5.3. BY Country
10.6. Prominent Trends
10.7. Drivers and Restraints: Impact Analysis
11. Eastern Europe PP Homopolymer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis By Country
11.1.2. Y-o-Y Growth Projections By Country
11.1.3. Key Regulations
11.2. Market Size (US$ Mn) and Volume (KT) Forecast By Country
11.2.1. Russia
11.2.2. Poland
11.2.3. Rest of Eastern Europe
11.3. Market Size (US$ Mn) and Volume (KT) Forecast By Processing Technology
11.3.1. Injection Moulding
11.3.2. Film
11.3.3. Other Extrusion
11.3.4. Fiber
11.3.5. Others
11.4. Market Size (US$ Mn) and Volume (KT) Forecast By End Use
11.4.1. Packaging
11.4.2. Electrical & Electronics
11.4.3. Textile
11.4.4. Automotive
11.4.5. Building & Construction
11.4.6. Others
11.5. Market Attractiveness Analysis
11.5.1. By Processing Technology
11.5.2. By End Use
11.5.3. BY Country
11.6. Prominent Trends
11.7. Drivers and Restraints: Impact Analysis
12. Latin America PP Homopolymer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis By Country
12.1.2. Y-o-Y Growth Projections By Country
12.1.3. Key Regulations
12.2. Market Size (US$ Mn) and Volume (KT) Forecast By Country
12.2.1. Argentina
12.2.2. Brazil
12.2.3. Mexico
12.2.4. Rest of Latin America
12.3. Market Size (US$ Mn) and Volume (KT) Forecast By Processing Technology
12.3.1. Injection Moulding

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