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2023 年全球聚丙烯 (PP) 市场报告Polypropylene Global Market Report 2023 |
全球聚丙烯 (PP) 市场预计将从 2021 年的 954.6 亿美元增长到 2022 年的 1037.9 亿美元,复合年增长率 (CAGR) 为 8.7%。 俄乌战争破坏了全球经济从 COVID-19 大流行中復苏的机会,至少在短期内是这样。 两国之间的战争导致对多个国家的经济制裁、大宗商品价格高企、供应链中断以及商品和服务的通货膨胀,影响了全球许多市场。 聚丙烯 (PP) 市场预计到 2026 年将增长至 1299.6 亿美元,复合年增长率为 5.8%。
到 2022 年,亚太地区将成为最大的聚丙烯 (PP) 市场区域。 北美是聚丙烯 (PP) 市场的第二大区域。 聚丙烯 (PP) 市场报告涵盖的区域是亚太地区、西欧、东欧、北美、南美、中东和非洲。
对热塑性材料不断增长的需求推动了聚丙烯 (PP) 市场的增长。 由于其独特的化学特性,热塑性材料可以在不影响其物理特性的情况下进行回收和重塑。 因此,热塑性材料在服装、包装、食品和饮料等广泛应用中更加有用。 此外,它们还用于重型应用,例如航空航天、军事和医疗行业。 根据美国化学理事会的数据,2020 年美国塑料树脂(所有塑料产品的基础)的产量将从 2019 年的 1.2% 增长 0.9%。 对热塑性材料的需求增加推动了对聚丙烯 (PP) 市场的需求增加。
“Polypropylene Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on polypropylene market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for polypropylene? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The polypropylene market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Companies Mentioned: Lyondellbasell; Sinopec; Sabic; Exxon Mobil; Braskem
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Major players in the polypropylene market are: Lyondellbasell, Sinopec, Sabic, Exxon Mobil, Braskem, PetroChina, Reliance Industries, Formosa Plastics, Borealis, and Asahi Kasei Plastics.
The global polypropylene market is expected to grow from $95.46 billion in 2021 to $103.79 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The polypropylene market is expected to grow to $129.96 billion in 2026 at a CAGR of 5.8%.
The polypropylene market consists of the sales of block copolymers, and random copolymers. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Polypropylene is a thermoplastic polymer produced by chain-growth polymerization of the monomer propylene and is used in automotive fittings and industrial fibers. It is resilient, resistant to fatigue, and highly resistant to most acids and alkalis.
Asia Pacific was the largest region in the polypropylene market in 2022. North America was the second-largest region in the polypropylene market. The regions covered in the polypropylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main products of polypropylene are homopolymer and copolymer. A homopolymer is a polymer like polyethylene containing identical monomer units. These are used in applications such as injection molding, fiber and raffia, film and sheet, and blow molding that are used by end users such as packaging, automotive, consumer products, electrical and electronics, and other industries.
Rising demand for thermoplastic materials has contributed to the growth of the polypropylene market. Due to their unique chemical properties, thermoplastic materials can be recycled and remolded without affecting their physical properties. As a result, thermoplastic materials are far more useful in a wide range of applications, including clothing, packaging, food, and beverages. Additionally, they are also used in heavy-duty applications such as the aerospace, military, and medical industries. According to the American Chemistry Council, the production of plastic resins, which serve as the foundation for all plastic products, climbed 0.9 percent in the United States in 2020, compared to 1.2 percent in 2019. The rising demand for thermoplastic materials increased the demand for the polypropylene market, thereby driving the market.
Variations in the prices of raw materials such as crude oil have always been a major challenge in the polypropylene market. Fluctuating crude oil prices increase the operating expenses, affecting the bottom lines of manufacturing companies in this market. For instance, according to the 'Business Standard', polypropylene became costlier by 4.6% due to rising oil prices. Crude oil is the main source of petrochemicals as plastics are produced primarily from petroleum products. Therefore, crude oil prices are one of the key factors affecting plastic costs, making them very volatile. Volatile prices thereby have a negative impact on the polypropylene market, affecting the market's growth.
Eco-friendly polypropylene compounds are increasingly being used due to strict government rules and regulations over recycling and environmental protection. The polypropylene compounds possess unique qualities, making them more favorable as an alternative in the automotive industry. For example, Grand Siam Composites, a joint venture between SCG Chemicals, Mitsui Chemicals Inc., and Prime Polymer, has developed new technologies and inventions to produce high-quality products that are environmentally friendly. With those advancements, GSC's polypropylene compounds are producing high-quality automobile parts such as consoles, instrument panels, bumpers, door panels, and various accessories.
In June 2021, LyondellBasell, one of the world's major plastics, chemicals, and refinery firms based in the Netherlands, acquired PolyPacific Polymers. This acquisition contributes to LyondellBasell's expansion of its polypropylene business. PolyPacific Polymers Sdn Bhd is a Malaysian firm that produces modified polypropylene olefin compounds.
The countries covered in the polypropylene market are: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The polypropylene market research report is one of a series of new reports from The Business Research Company that provides polypropylene market statistics, including polypropylene industry global market size, regional shares, competitors with a polypropylene market share, detailed polypropylene market segments, market trends and opportunities, and any further data you may need to thrive in the polypropylene industry. This polypropylene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.