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Polypropylene Compounds Market Forecast to 2028 - COVID-19 Impact and Global Analysis

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    Report

  • 135 Pages
  • October 2021
  • Region: Global
  • The Insight Partners
  • ID: 5516086
UP TO OFF until Dec 31st 2024
The polypropylene compounds market is projected to reach US$ 25,864.00 million by 2028 from US$ 17,977.40 million in 2021; it is expected to grow at a CAGR of 5.3% from 2021 to 2028.



Polypropylene, a thermoplastic polymer, is used in a variety of applications. It is produced through chain-growth polymerization of propylene monomers. Polypropylene compounds are thermoplastic resins manufactured through the mixture of one or more polyolefins base, and they are added with various components such as strengtheners, fillers, impact modifiers, additives, and pigments for various applications.

Based on type, the polypropylene compounds market is segmented into mineral filled PP compounds, compounded TPO, compounded TPV, glass reinforced, and others. The mineral filled PP compounds segment held the largest share of the market in 2020. Calcium carbonate, talc, and mica, among others, added in mineral-filled PP compounds deliver a low-cost filler option in case of price sensitivity. The mineral filled compounds exhibit improved dimensional stability, stiffness, etc., compared unfilled resins. Mineral-filled polypropylene provides high mechanical stiffness, thermal stability, good low-temperature properties, and good dimensional stability over a wide temperature range.

The global polypropylene compounds market is segmented into five main regions - North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, Asia Pacific held the largest revenue share of the polypropylene compounds market. The Asia Pacific region provides significant growth opportunities for the polypropylene compounds market. China is a major contributor to the market in this region. There is increasing use of polypropylene compounds in the automotive sector. Moreover, the packaging industry in Asia Pacific is growing rapidly; it has become an important part of the manufacturing industry in the region. The growth of the Asia Pacific polypropylene compounds market is primarily attributed to the expansion of the construction, automotive, electrical, and electronics industries in countries such as China, India, and South Korea. Additionally, the players operating in the polypropylene compounds market in the region continue to expand their production capacities and develop of high-performance polypropylene compounds to be able to cater the market in a better way.

A few of the key players in the polypropylene compounds market are LyondellBasell Industries Holdings B.V.; Exxon Mobil Corporation; Sumitomo Chemical Co., Ltd; Borealis AG; Rialti S.p.A.; Trinseo; and Total.

The size of overall global polypropylene compounds market has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the polypropylene compounds market.Reasons to Buy
  • Highlights key business priorities to assist companies realign their business strategies.
  • Features key findings and crucial progressive industry trends in the global polypropylene compounds market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data

4. Global Polypropylene Compounds Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis

5. Polypropylene Compounds Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand from Industries such as Building and Construction, Textiles, Electrical and Electronics, and Automobile
5.1.2 Wide Use of Mineral-Filled Polypropylene Compounds
5.2 Market Restraints
5.2.1 Volatility in Raw Material Prices and Negative Effect of COVID-19 Pandemic
5.3 Market Opportunities
5.3.1 Growing Scope of Applications in Packaging Industry
5.4 Future Trends
5.4.1 Development of Eco-Friendly Polypropylene Compounds
5.5 Impact Analysis

6. Polypropylene Compounds - Global Market Analysis
6.1 Polypropylene Compounds Market Overview
6.2 Polypropylene Compounds Market -Revenue and Forecast To 2028 (US$ Million)
6.3 Competitive Positioning - Key Market Players

7. Polypropylene Compounds Market Analysis - By Type
7.1 Overview
7.2 Polypropylene Compounds Market, By Type (2020 and 2028)
7.3 Mineral Filled PP Compounds
7.3.1 Overview
7.3.2 Mineral Filled PP Compounds: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Compounded TPO
7.4.1 Overview
7.4.2 Compounded TPO: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Compounded TPV
7.5.1 Overview
7.5.2 Compounded TPV: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
7.6 Glass Reinforced
7.6.1 Overview
7.6.2 Glass Reinforced: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 Others: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)

8. Polypropylene Compounds Market Analysis - By End User
8.1 Overview
8.2 Polypropylene Compounds Market, By End User (2020 and 2028)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Electricals and Electronics
8.4.1 Overview
8.4.2 Electricals and Electronics: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
8.5 Packaging
8.5.1 Overview
8.5.2 Packaging: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
8.6 Building and Construction
8.6.1 Overview
8.6.2 Building and Construction: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
8.7 Textiles
8.7.1 Overview
8.7.2 Textiles: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)
8.8 Others
8.8.1 Overview
8.8.2 Others: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Mn)

9. Polypropylene Compounds Market - Geographic Analysis
9.1 Overview
9.2 North America: Polypropylene Compounds Market
9.2.1 North America: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Polypropylene Compounds Market, by Type
9.2.3 North America: Polypropylene Compounds Market, by End User
9.2.4 North America: Polypropylene Compounds Market, by Key Country
9.2.4.1 US: Polypropylene Compounds Market-Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Polypropylene Compounds Market, by Type
9.2.4.1.2 US: Polypropylene Compounds Market, by End User
9.2.4.2 Canada: Polypropylene Compounds Market-Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Polypropylene Compounds Market, by Type
9.2.4.2.2 Canada: Polypropylene Compounds Market, by End User
9.2.4.3 Mexico: Polypropylene Compounds Market-Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Polypropylene Compounds Market, by Type
9.2.4.3.2 Mexico: Polypropylene Compounds Market, by End User
9.1 Europe: Polypropylene Compounds Market
9.1.1 Europe: Polypropylene Compounds Market -Revenue and Forecast to 2028(US$ Million)
9.1.2 Europe: Polypropylene Compounds Market, Type
9.1.3 Europe: Polypropylene Compounds Market, End-User
9.1.4 Europe: Polypropylene Compounds Market, by Key Country
9.1.4.1 Germany: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.1.4.1.1 Germany: Polypropylene Compounds Market, Type
9.1.4.1.2 Germany: Polypropylene Compounds Market, End-User
9.1.4.2 France: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.1.4.2.1 France: Polypropylene Compounds Market, Type
9.1.4.2.2 France: Polypropylene Compounds Market, End-User
9.1.4.3 Italy: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.1.4.3.1 Italy: Polypropylene Compounds Market, Type
9.1.4.3.2 Italy: Polypropylene Compounds Market, End-User
9.1.4.4 UK: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.1.4.4.1 UK: Polypropylene Compounds Market, Type
9.1.4.4.2 UK: Polypropylene Compounds Market, End-User
9.1.4.5 Russia: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.1.4.5.1 Russia: Polypropylene Compounds Market, Type
9.1.4.5.2 Russia: Polypropylene Compounds Market, End-User
9.1.4.6 Rest of Europe: Polypropylene compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.1.4.6.1 Rest of Europe: Polypropylene Compounds Market, Type
9.1.4.6.2 Rest of Europe: Polypropylene Compounds Market, End-User
9.2 Asia Pacific: Polypropylene Compounds Market
9.2.1 Asia Pacific: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.2.2 Asia Pacific: Polypropylene Compounds Market, by Type
9.2.3 Asia Pacific: Polypropylene Compounds Market, by End User
9.2.4 Asia Pacific: Polypropylene Compounds Market, by Key Country
9.2.4.1 Australia: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 Australia: Polypropylene Compounds Market, by Type
9.2.4.1.2 Australia: Polypropylene Compounds Market, by End User
9.2.4.2 China: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 China: Polypropylene Compounds Market, by Type
9.2.4.2.2 China: Polypropylene Compounds Market, by End User
9.2.4.3 India: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 India: Polypropylene Compounds Market, by Type
9.2.4.3.2 India: Polypropylene Compounds Market, by End User
9.2.4.4 Japan: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.2.4.4.1 Japan: Polypropylene Compounds Market, by Type
9.2.4.4.2 Japan: Polypropylene Compounds Market, by End User
9.2.4.5 South Korea: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.2.4.5.1 South Korea: Polypropylene Compounds Market, by Type
9.2.4.5.2 South Korea: Polypropylene Compounds Market, by End User
9.2.4.6 Rest of Asia Pacific: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
9.2.4.6.1 Rest of Asia Pacific: Polypropylene Compounds Market, by Type
9.2.4.6.2 Rest of Asia Pacific: Polypropylene Compounds Market, by End User
9.3 Middle East and Africa: Polypropylene Compounds Market
9.3.2 Middle East and Africa: Polypropylene Compounds Market, by Type
9.4 South and Central America: Polypropylene Compounds Market

10. Industry Landscape
10.1 Product Launch
10.2 Product News
10.3 Market Initiatives

11. Company Profiles
11.1 LyondellBasell Industries Holdings B.V.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 EXXON MOBIL CORPORATION
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 SABIC
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Sumitomo Chemical Co., Ltd.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Borealis AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Total
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Trinseo
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Rialti S.p.A.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments

12. Appendix
12.1 About The Publisher
12.2 Glossary

List of Tables
Table 1. Polypropylene Compounds Market -Revenue and Forecast To 2028 (US$ Million)
Table 2. Global Polypropylene Compounds Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Polypropylene Compounds Market, by Type- Revenue and Forecast to 2028 (USD Million)
Table 5. North America Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 6. US Polypropylene Compounds Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 7. US Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 8. Canada: Polypropylene Compounds Market, by Type- Revenue and Forecast to 2028 (USD Million)
Table 9. Canada Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico Polypropylene Compounds Market, by Type- Revenue and Forecast to 2028 (USD Million)
Table 11. Mexico Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 12. Europe Polypropylene Compounds Market, Type - Revenue and Forecast to 2028 (USD Million)
Table 13. Europe Polypropylene compounds Market, End-User - Revenue and Forecast to 2028 (USD Million)
Table 14. Germany Polypropylene Compounds Market, Type- Revenue and Forecast to 2028 (USD Million)
Table 15. Germany Polypropylene Compounds Market, End-User- Revenue and Forecast to 2028 (USD Million)
Table 16. France Polypropylene Compounds Market, Type- Revenue and Forecast to 2028 (USD Million)
Table 17. France Polypropylene Compounds Market, End-User- Revenue and Forecast to 2028 (USD Million)
Table 18. Italy Polypropylene Compounds Market, Type- Revenue and Forecast to 2028 (USD Million)
Table 19. Italy Polypropylene Compounds Market, End-User- Revenue and Forecast to 2028 (USD Million)
Table 20. UK Polypropylene Compounds Market, Type- Revenue and Forecast to 2028 (USD Million)
Table 21. UK Polypropylene Compounds Market, End-User- Revenue and Forecast to 2028 (USD Million)
Table 22. Russia Polypropylene Compounds Market, Type- Revenue and Forecast to 2028 (USD Million)
Table 23. Russia Polypropylene Compounds Market, End-User- Revenue and Forecast to 2028 (USD Million)
Table 24. Rest of Europe Polypropylene Compounds Market, Type- Revenue and Forecast to 2028 (USD Million)
Table 25. Rest of Europe Polypropylene Compounds Market, End-User- Revenue and Forecast to 2028 (USD Million)
Table 26. Asia Pacific Polypropylene Compounds Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 27. Asia Pacific Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 28. Australia Polypropylene Compounds Market, by Type- Revenue and Forecast to 2028 (USD Million)
Table 29. Australia Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 30. China Polypropylene Compounds Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 31. China Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 32. India Polypropylene Compounds Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 33. India Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 34. Japan Polypropylene Compounds Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 35. Japan Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 36. South Korea Polypropylene Compounds Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 37. South Korea Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 38. Rest of Asia Pacific Polypropylene Compounds Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 39. Rest of Asia Pacific Polypropylene Compounds Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 58. Glossary of Terms, Global Polypropylene Compounds MarketList of Figures
Figure 1. Global Polypropylene Compounds Market Segmentation
Figure 2. Polypropylene Compounds Market Segmentation - By Geography
Figure 3. Global Polypropylene Compounds Market Overview
Figure 4. Mineral Filled PP Compounds Segment Held Largest Share of Global Polypropylene Compounds Market
Figure 5. Asia Pacific Region Held Largest Share of Global Polypropylene Compounds Market
Figure 6. Global Polypropylene Compounds Market, Industry Landscape
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Ecosystem: Polypropylene Compounds Market
Figure 10. Global Polypropylene Compounds Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Polypropylene Compounds Market
Figure 12. Global: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. Polypropylene Compounds Market Revenue Share, By Type (2020 and 2028)
Figure 14. Mineral Filled PP Compounds: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Compounded TPO : Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Compounded TPV: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Glass Reinforced: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Others: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Polypropylene Compounds Market Revenue Share, By End User (2020 and 2028)
Figure 20. Automotive: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Electricals and Electronics: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Packaging: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Building and Construction: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Textiles: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 25. Others: Polypropylene Compounds Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Global Polypropylene Compounds Market Revenue Share, by Region (2020 and 2028)
Figure 27. North America: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America: Polypropylene Compounds Market Revenue Share, by Type(2020 and 2028)
Figure 29. North America: Polypropylene Compounds Market Revenue Share, by End User (2020 and 2028)
Figure 30. North America: Polypropylene Compounds Market Revenue Share, by Key Country (2020 and 2028)
Figure 31. US: Polypropylene Compounds Market-Revenue and Forecast to 2028 (US$ Million)
Figure 32. Canada: Polypropylene Compounds Market-Revenue and Forecast to 2028 (US$ Million)
Figure 33. Mexico: Polypropylene Compounds Market-Revenue and Forecast to 2028 (US$ Million)
Figure 34. Europe: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Million)
Figure 35. Europe: Polypropylene Compounds Market Revenue Share, by Key Country (2020 and 2028)
Figure 36. Germany: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 37. France: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 38. Italy: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 39. UK: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 40. Russia: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 41. Rest of Europe: Polypropylene compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 42. Asia Pacific: Polypropylene Compounds Market - Revenue and Forecast to 2028 (US$ Million)
Figure 43. Asia Pacific: Polypropylene Compounds Market Revenue Share, by Type (2020 and 2028)
Figure 44. Asia Pacific: Polypropylene Compounds Market Revenue Share, by End User (2020 and 2028)
Figure 45. Asia Pacific: Polypropylene Compounds Market Revenue Share, by Key Country (2020 and 2028)
Figure 46. Australia: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 47. China: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 48. India: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 49. Japan: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 50. South Korea: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 51. Rest of Asia Pacific: Polypropylene Compounds Market -Revenue and Forecast to 2028 (US$ Million)
Figure 67. Impact of COVID-19 Pandemic in South and Central America

Companies Mentioned

  • LyondellBasell Industries Holdings B.V.
  • Exxon Mobil Corporation
  • Sumitomo Chemical Co., Ltd
  • Borealis AG
  • Rialti S.p.A.
  • Trinseo
  • SABIC
  • Total

Table Information