Market Research Logo

Global Polypropylene Market 2017-2021

Global Polypropylene Market 2017-2021

About Polypropylene

Polyolefin is a term used to describe polymers that are derived from a group of base chemicals, for example, olefins. PP along with polyethylene is part of the polyolefin family. PP is made by building up long chains of propylene monomers. PP exhibits benefits such as high chemical resistance, low density, outstanding property balance, and process versatility. PP is a thermoplastic polymer that is used in a wide range of applications in various industries, such as automotive, packaging, construction, consumer goods, and electrical and electronics.

Technavio’s analysts forecast the global polypropylene market to grow at a CAGR of 5.42% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global polypropylene market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Polypropylene Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Braskem
  • China Petrochemical
  • Exxon Mobil
  • INEOS Group Holdings
  • LyondellBasell Industries Holdings
Other prominent vendors
  • BASF
  • Borealis
  • Ducor Petrochemicals
  • Formosa Plastics
  • Haldia Petrochemicals
  • HPCL-Mittal Energy Limited (HMEL)
  • Indian Oil Corporation
  • Japan PP
  • Koch Industries
  • MITSUI CHEMICALS AMERICA
  • Reliance Industries
  • SABIC
  • Saudi Polymers
  • Total
  • Westlake Plastics
Market driver
  • Increase in global plastic recycling activities
  • For a full, detailed list, view our report
Market challenge
  • Fluctuation in the price of raw materials
  • For a full, detailed list, view our report
Market trend
  • Increasing use of lightweight materials
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Polypropylene Market 2017-2021

Technavio recognizes the following companies as the key players in the global polypropylene market: Braskem, China Petrochemical, Exxon Mobil, INEOS Group Holdings, and LyondellBasell Industries Holdings.

Other Prominent Vendors in the market are: BASF, Borealis, Ducor Petrochemicals, Formosa Plastics, Haldia Petrochemicals, HPCL-Mittal Energy Limited (HMEL), Indian Oil Corporation, Japan PP, Koch Industries, MITSUI CHEMICALS AMERICA, Reliance Industries, SABIC, Saudi Polymers, Total, and Westlake Plastics.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of lightweight materials. There is an increase in the use of lightweight materials, such as high strength steel, aluminum, composites, magnesium, and plastics, in the aerospace industry. The global lightweight materials market is expected to grow at a rate more than 8.5% during the forecast period and the global plastic materials market is expected to grow at a CAGR more than 10%.”

According to the report, one driver in the market is increase in global plastic recycling activities. The recycling of plastic refers to the process that involves the recovery of waste or scrap plastic and the reprocessing of materials. The PP market is driven by global efforts to decrease the extent of plastic that is otherwise wasted. The recycling of plastics involves the segregation of plastic into different polymers, followed by the chipping and melting process. The global market for recycled plastics is expected to grow at a CAGR of 4.31% during the forecast period. The growth of the non-food-contact packaging segment for recycled plastics is expected to be approximately 6% during the same period.

Further, the report states that one challenge in the market is fluctuation in the price of raw materials. The fluctuation in the price of raw materials has a negative impact on players in the market that rely heavily on them during the manufacturing process. The increase in the price of oil translates into the increase in the cost of petroleum-based products, including plastics. For instance, the price of PP had increased by 4.5% in December 2016, due to a hike in the price of crude oil in India. The crude oil prices in November 2016 was $46.28 per barrel, and increased to $54.10 per barrel in December 2016.

Companies Mentioned

Braskem, China Petrochemical, Exxon Mobil, INEOS Group Holdings, and LyondellBasell Industries Holdings, BASF, Borealis, Ducor Petrochemicals, Formosa Plastics, Haldia Petrochemicals, HPCL-Mittal Energy Limited (HMEL), Indian Oil Corporation, Japan PP, Koch Industries, MITSUI CHEMICALS AMERICA, Reliance Industries, SABIC, Saudi Polymers, Total, and Westlake Plastics.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Global PP industry value chain
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market size and forecast 2016-2021
      • Table Global PP market – Market size and forecast 2016-2021 ($ bn)
      • Table Global PP market – Year-over-year (YOY) growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Application – Market share 2016 (% share of revenue)
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share by end-user 2016-2021 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Packaging – Market size and forecast 2016-2021
      • Table Packaging– Market size and forecast 2016-2021 ($ billion)
      • Table Packaging – Year-over-year (YOY) growth 2017-2021 (%)
      • Table Global flexible packaging material share 2016 (% share)
    • Automotive – Market size and forecast 2016-2021
      • Table Automotive – Market size and forecast 2016-2021 ($ billion)
      • Table Automotive – Year-over-year (YOY) growth 2017-2021 (%)
      • Table Use of PP in cars 2016 (% share)
    • Electrical and electronics – Market size and forecast 2016-2021
      • Table Electrical and electronics – Market size and forecast 2016-2021 ($ billion)
      • Table Electrical and electronics– Year-over-year (YoY) growth 2017-2021 (%)
    • Construction – Market size and forecast 2016-2021
      • Table Construction – Market size and forecast 2016-2021 ($ billion)
      • Table Construction – Year-over-year (YOY) growth 2017-2021 (%)
    • Other industries – Market size and forecast 2016-2021
      • Table Other industries – Market size and forecast 2016-2021 ($ billion)
      • Table Other industries– Year-over-year (YOY) growth 2017-2021 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global PP market – Market share by region 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2016-2021
      • Table APAC – Market size and forecast 2016-2021 ($ billion)
      • Table APAC – Year-over-year (YOY) growth 2017-2021 (%)
      • Table Contribution of APAC to the global retail market by revenue 2016 (% share)
    • EMEA – Market size and forecast 2016-2021
      • Table EMEA – Market size and forecast 2016-2021 ($ billion)
      • Table EMEA – Year-over-year (YOY) growth 2017-2021 (%)
    • Americas – Market size and forecast 2016-2021
      • Table Americas – Market size and forecast 2016-2021 ($ billion)
      • Table Americas – Year-over-year (YOY) growth 2017-2021 (%)
      • Table Flexible packaging market application in the US in 2016 (% share)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Materials used in the AM process
    • Market challenges
      • Table Fluctuation in the price of natural gas ($ per million Btu)
  • Market trends
    • Increasing use of lightweight materials
    • Shifting preference for bio-based PP
    • Growing innovations in the packaging industry
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in the global PP market 2016
    • Other prominent vendors
  • Vendor analysis
    • Vendor overview
      • Braskem
        • Table Braskem: Business unit segmentation
    • China Petrochemical
      • Table China Petrochemical: Business segmentation by revenue 2016 (% share)
      • Table China Petrochemical: Geographical segmentation by revenue 2016 (% share)
    • Exxon Mobil
      • Table Exxon Mobil: Business segmentation by revenue 2016 (% share)
      • Table Exxon Mobil: Geographical segmentation by revenue 2016 (% share)
    • INEOS Group Holdings
      • Table INEOS Group Holdings: Business segmentation by revenue 2016 (% share)
      • Table INEOS Group Holdings: Geographical segmentation by revenue 2016 (% share)
    • LyondellBasell Industries Holdings
      • Table LyondellBasell Industries Holdings: Business segmentation by revenue 2016 (% share)
      • Table LyondellBasell Industries Holdings: Geographical segmentation by revenue 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report