A thermoplastic polymer, polypropylene acts as a raw material in the manufacture of moulded articles, bottles, containers, laminates, pipes and so on. It is also processed into fibers which are used in the production of ropes, carpets, bristles, textiles, etc.
The global polypropylene market has recently witnessed a period of decay in the wake of the economic downturn, but now it is on the recovery path. The market is primarily driven by the rising demand and the expansion of end-use sectors. The lack of the polypropylene feedstock restrains the market growth. Nevertheless, the overall polypropylene demand is forecast to grow at a CARG of nearly 4.5% to reach almost 59 million tonnes in 2020. Asia and Europe represent the leading consumers of polypropylene, together accounting for almost 74% of the total market. In 2019, the global polypropylene market is predicted to be worth of USD 145 billion. Currently, BASF, Dow, Arkema, Braskem and DuPont are amid the dominant companies of the polypropylene pool.
The catalogue contains a great number of researches discussing the polypropylene market. The reports include information on exports and imports, production volumes and the market size and shape. The researches characterize the market drivers and barriers, examine top market trends and profile the most prominent industry players. Besides, the research reports offer future market projections.
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