According to our (Global Info Research) latest study, the global Modified Polypropylene (PP) market size was valued at US$ 68780 million in 2024 and is forecast to a readjusted size of USD 144230 million by 2031 with a CAGR of 10.8% during review period.
Modified Polypropylene (PP) is based on the improvement of the performance of polypropylene raw materials, such as enhancing the impact, tensile strength, elasticity, etc. Polypropylene can be modified by toughening, filling, strengthening, blending and other modification methods to obtain new materials with different properties, which are widely used in automobiles, home appliances and other fields.
The current mainstream polypropylene modification methods can be summarized as chemical modification and physical modification. Specifically, there are grafting modification, copolymerization modification, cross-linking modification, blending modification, etc. Physical modification is the most important product type, accounting for 56%.
From the perspective of product market application, it is mainly electrical appliances and automobiles. Among them, electrical appliances are the most important application, accounting for 48%.
The market competition is fierce. Jinfa, Guoen Shares, Dawn Shares, Shanghai Pulite, SABIC, and Silver Jubilee are the main modified polypropylene manufacturers. The top five manufacturers occupy 27% of the market share.
Market development trend
High performance:
With the increasing demand for high-performance materials in the downstream market, modified polypropylene will develop in the direction of high performance. High-performance modified polypropylene has better physical properties, chemical stability and processing performance, and can meet a wider range of application needs.
Environmental protection:
With the continuous improvement of environmental awareness, modified polypropylene will develop in the direction of environmental protection. Environmentally friendly products such as bio-based modified polypropylene and degradable modified polypropylene will gradually become the mainstream of the market.
Diversification:
The application areas of modified polypropylene will continue to expand, extending from traditional fields such as automobiles and home appliances to emerging fields such as new energy and aerospace. This will promote the diversified development of the modified polypropylene market.
This report is a detailed and comprehensive analysis for global Modified Polypropylene (PP) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Modified Polypropylene (PP) market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Modified Polypropylene (PP) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Modified Polypropylene (PP) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Modified Polypropylene (PP) market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Modified Polypropylene (PP)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Modified Polypropylene (PP) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LG Chem, Hanwha Total Petrochemical, KINGFA SCI. & TECH., Silver Age Sci &tech, Shanghai Pret Composites, SABIC, Avient, RTP Company, Nanjing Julong Science & Technology, Shandong Dawn Polymer, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Modified Polypropylene (PP) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Physical Modification PP
Chemical Modification PP
Market segment by Application
Electrical Appliances
Automotive
Others
Major players covered
LG Chem
Hanwha Total Petrochemical
KINGFA SCI. & TECH.
Silver Age Sci &tech
Shanghai Pret Composites
SABIC
Avient
RTP Company
Nanjing Julong Science & Technology
Shandong Dawn Polymer
Qingdao Gon Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Modified Polypropylene (PP) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Modified Polypropylene (PP), with price, sales quantity, revenue, and global market share of Modified Polypropylene (PP) from 2020 to 2025.
Chapter 3, the Modified Polypropylene (PP) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Modified Polypropylene (PP) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Modified Polypropylene (PP) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Modified Polypropylene (PP).
Chapter 14 and 15, to describe Modified Polypropylene (PP) sales channel, distributors, customers, research findings and conclusion.
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