The Europe Polypropylene Compounds Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,173.8 Kilo Tonnes, showcasing a growth of 5.4% (2019-2022).
Additionally, digitalization and Industry 4.0 technologies are transforming the polypropylene compounds manufacturing landscape, optimizing production processes, enhancing quality control, and enabling predictive maintenance. Advanced automation, data analytics, artificial intelligence, and machine learning technologies streamline operations, reduce downtime, and improve productivity in polypropylene compound manufacturing facilities. Integrating digital solutions fosters operational efficiency, agility, and innovation across the value chain.
There is a growing demand for customized and tailored polypropylene compound formulations to meet specific application requirements and performance criteria. Manufacturers offer various formulations, grades, and colors to cater to diverse end-user needs across automotive, construction, packaging, and consumer goods. Customization capabilities enable manufacturers to address niche markets, differentiate products, and deliver value-added solutions to customers.
France’s expanding food processing industry is increasing demand for food packaging materials to ensure food safety, preservation, and presentation. They are widely used in food packaging due to their versatility, durability, and resistance to moisture, chemicals, and temperature variations. According to the US Department of Agriculture, France’s food processing sector encompasses approximately 17,300 companies, with total annual sales exceeding $211 billion. In conclusion, the rising construction sector and expanding food processing industry in the region propel the market’s growth.
The Germany market dominated the Europe Polypropylene Compounds Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,073 million by 2030. The UK market is exhibiting a CAGR of 6.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8% during (2023 - 2030).
Based on Product, the market is segmented into Mineral Filled PP Compounds, Compounded TPO, Compounded TPV, Glass Fiber Reinforced, Talc Filled, and Others. Based on Application, the market is segmented into Film & Sheet, Fiber, Raffia, and Others. Based on End-use, the market is segmented into Automotive, Building & Construction, Textile, Electrical & Electronics, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Application (Volume, kilo Tonnes, USD Billion, 2019-2030)
Additionally, digitalization and Industry 4.0 technologies are transforming the polypropylene compounds manufacturing landscape, optimizing production processes, enhancing quality control, and enabling predictive maintenance. Advanced automation, data analytics, artificial intelligence, and machine learning technologies streamline operations, reduce downtime, and improve productivity in polypropylene compound manufacturing facilities. Integrating digital solutions fosters operational efficiency, agility, and innovation across the value chain.
There is a growing demand for customized and tailored polypropylene compound formulations to meet specific application requirements and performance criteria. Manufacturers offer various formulations, grades, and colors to cater to diverse end-user needs across automotive, construction, packaging, and consumer goods. Customization capabilities enable manufacturers to address niche markets, differentiate products, and deliver value-added solutions to customers.
France’s expanding food processing industry is increasing demand for food packaging materials to ensure food safety, preservation, and presentation. They are widely used in food packaging due to their versatility, durability, and resistance to moisture, chemicals, and temperature variations. According to the US Department of Agriculture, France’s food processing sector encompasses approximately 17,300 companies, with total annual sales exceeding $211 billion. In conclusion, the rising construction sector and expanding food processing industry in the region propel the market’s growth.
The Germany market dominated the Europe Polypropylene Compounds Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,073 million by 2030. The UK market is exhibiting a CAGR of 6.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8% during (2023 - 2030).
Based on Product, the market is segmented into Mineral Filled PP Compounds, Compounded TPO, Compounded TPV, Glass Fiber Reinforced, Talc Filled, and Others. Based on Application, the market is segmented into Film & Sheet, Fiber, Raffia, and Others. Based on End-use, the market is segmented into Automotive, Building & Construction, Textile, Electrical & Electronics, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Mitsui Chemicals, Inc.
- Exxon Mobil Corporation
- SABIC (Saudi Arabian Oil Company)
- Trinseo PLC
- Sumitomo Chemical Co., Ltd.
- Borealis AG (OMV)
- LyondellBasell Industries Holdings B.V.
- Avient Corporation
- Washington Penn (Audia Group)
- PTT Public Company Limited (IRPC Public Company Limited)
Market Report Segmentation
By Product (Volume, kilo Tonnes, USD Billion, 2019-2030)- Mineral Filled PP Compounds
- Compounded TPO
- Compounded TPV
- Glass Fiber Reinforced
- Talc Filled
- Others
Application (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Film & Sheet
- Fiber
- Raffia
- Others
- Automotive
- Building & Construction
- Textile
- Electrical & Electronics
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Europe Polypropylene Compounds Market by Product
Chapter 6. Europe Polypropylene Compounds Market by Application
Chapter 7. Europe Polypropylene Compounds Market by End-use
Chapter 8. Europe Polypropylene Compounds Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Mitsui Chemicals, Inc.
- Exxon Mobil Corporation
- SABIC (Saudi Arabian Oil Company)
- Trinseo PLC
- Sumitomo Chemical Co., Ltd.
- Borealis AG (OMV)
- LyondellBasell Industries Holdings B.V.
- Avient Corporation
- Washington Penn (Audia Group)
- PTT Public Company Limited (IRPC Public Company Limited)
Methodology
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