Polypropylene compounds are thermoplastic resins manufactured by combining one or more base polyolefins with different additives, fillers, and reinforcements, as well as impact modifiers. Polypropylene is the second-most widely manufactured thermoplastic, which is frequently used for labeling and packing. These polypropylene compounds have a wide range of properties and are used in a wide range of applications, including furniture, electrical appliances, automotive, and building & construction materials.
Growth in automotive and electronics industries across emerging countries is anticipated to drive market growth during the forecast period. In the automotive industry, engineering plastics and metals have been largely replaced by polypropylene (PP) based materials in automotive parts in order to achieve reduced weight and cost. In addition, these compounds are a great choice for fabricating piping systems due to their high strength, rigidity, and purity. Moreover, high demand from the emerging countries, especially China, owing to expansion of the building and construction industry, this will drive the market growth during the forecast period. However, volatility in the raw material prices may restrain the growth of the market during the forecast period. The primary raw material used to manufacture polypropylene is propylene. These basic resources come from petroleum and carbon-based chemicals.
The global polypropylene compound market is segmented on the basis of product type, end use industry and region. Depending on product type, the polypropylene compound market is divided into mineral filled, compounded TPO/TPV, glass reinforced, and others. By end use industry, the market is segmented into automotive, building and construction, electrical and electronics, textiles, and others. Automotive is further sub-segmented into interior, exterior, and under the hood components. Region wise, the polypropylene compound market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Impact of Covid-19 on Global Polypropylene Compounds Market
The COVID-19 crisis has affected the chemical industry supply chain to a major extent; thus, having a major impact on raw material procurement. The above factors have impacted the growth of the polypropylene market.The companies operating in the market are bouncing back due to resolution of supply constraints. The elevating demand for polypropylene compounds in industries such as packaging, automotive, building and construction, electrical and electronics, is expected to drive the polypropylene compounds market growth in the coming years.
Competition Landscape.
The key players operating in the global polypropylene compound market are BASF SE, LG Chem, Clariant AG, Solvay S.A., Exxon Mobil Corporation, SIBUR, Ineos Group, Dow Inc., Eastman Chemical Company, Avient Corporation, Amcor plc, Borealis AG, LyondellBasell Industries Holdings B.V., Repsol, RTP Company, Sumitomo Chemical Co., Ltd., and Hitemp Polymers Pvt. Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the polypropylene compounds market analysis from 2021 to 2031 to identify the prevailing polypropylene compounds market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the polypropylene compounds market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global polypropylene compounds market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By End Use Industry
- Automotive
- Application
- Interior
- Exterior
- Under the Hood Components
- Building and Construction
- Electrical and Electronics
- Textiles
- Others
By Product Type
- Glass Reinforced
- Others
- Mineral Filled
- Compounded TPO/TPV
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest Of Europe
- Asia-Pacific
- India
- South Korea
- Australia
- Rest Of Asia-Pacific
- China
- Japan
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest Of LAMEA
Key Market Players
- Amcor Ltd.
- Avient Corp
- BASF SE
- Clariant Chemicals (India) Ltd
- EXXON MOBIL CORPORATION (EXXONMOBIL CHEMICAL COMPANY, INC.
- The Dow Chemical Company
- Eastman Chemical Company
- INEOS AG
- LG Chem
- PolyOne Corporation
- SABIC
- solvay
- Repsol
- Sumitomo Chemical Co., Ltd.
- LyondellBasell Industries Holdings B.V.
- Borealis AG
- RTP Company
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Pricing Analysis
3.8. Value Chain Analysis
3.9. Key Regulation Analysis
CHAPTER 4: POLYPROPYLENE COMPOUNDS MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Mineral Filled
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Compounded TPO/TPV
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Glass Reinforced
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: POLYPROPYLENE COMPOUNDS MARKET, BY END USE INDUSTRY
5.1 Overview
5.1.1 Market size and forecast
5.2 Automotive
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.2.4 Automotive Polypropylene Compounds Market by Application
5.2.4.1 Interior Market size and forecast, by region
5.2.4.2 Interior Market size and forecast, by country
5.2.4.3 Exterior Market size and forecast, by region
5.2.4.4 Exterior Market size and forecast, by country
5.2.4.5 Under the Hood Components Market size and forecast, by region
5.2.4.6 Under the Hood Components Market size and forecast, by country
5.3 Building and Construction
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Electrical and Electronics
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Textiles
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: POLYPROPYLENE COMPOUNDS MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Product Type
6.2.3 North America Market size and forecast, by End Use Industry
6.2.3.1 North America Automotive Polypropylene Compounds Market by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Product Type
6.2.4.1.2 Market size and forecast, by End Use Industry
6.2.4.1.2.1 U.S. Automotive Polypropylene Compounds Market by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Product Type
6.2.4.2.2 Market size and forecast, by End Use Industry
6.2.4.2.2.1 Canada Automotive Polypropylene Compounds Market by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Product Type
6.2.4.3.2 Market size and forecast, by End Use Industry
6.2.4.3.2.1 Mexico Automotive Polypropylene Compounds Market by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Product Type
6.3.3 Europe Market size and forecast, by End Use Industry
6.3.3.1 Europe Automotive Polypropylene Compounds Market by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Product Type
6.3.4.1.2 Market size and forecast, by End Use Industry
6.3.4.1.2.1 Germany Automotive Polypropylene Compounds Market by Application
6.3.4.2 France
6.3.4.2.1 Market size and forecast, by Product Type
6.3.4.2.2 Market size and forecast, by End Use Industry
6.3.4.2.2.1 France Automotive Polypropylene Compounds Market by Application
6.3.4.3 Italy
6.3.4.3.1 Market size and forecast, by Product Type
6.3.4.3.2 Market size and forecast, by End Use Industry
6.3.4.3.2.1 Italy Automotive Polypropylene Compounds Market by Application
6.3.4.4 Spain
6.3.4.4.1 Market size and forecast, by Product Type
6.3.4.4.2 Market size and forecast, by End Use Industry
6.3.4.4.2.1 Spain Automotive Polypropylene Compounds Market by Application
6.3.4.5 UK
6.3.4.5.1 Market size and forecast, by Product Type
6.3.4.5.2 Market size and forecast, by End Use Industry
6.3.4.5.2.1 UK Automotive Polypropylene Compounds Market by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Product Type
6.3.4.6.2 Market size and forecast, by End Use Industry
6.3.4.6.2.1 Rest of Europe Automotive Polypropylene Compounds Market by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Product Type
6.4.3 Asia-Pacific Market size and forecast, by End Use Industry
6.4.3.1 Asia-Pacific Automotive Polypropylene Compounds Market by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Product Type
6.4.4.1.2 Market size and forecast, by End Use Industry
6.4.4.1.2.1 China Automotive Polypropylene Compounds Market by Application
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Product Type
6.4.4.2.2 Market size and forecast, by End Use Industry
6.4.4.2.2.1 Japan Automotive Polypropylene Compounds Market by Application
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Product Type
6.4.4.3.2 Market size and forecast, by End Use Industry
6.4.4.3.2.1 India Automotive Polypropylene Compounds Market by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Product Type
6.4.4.4.2 Market size and forecast, by End Use Industry
6.4.4.4.2.1 South Korea Automotive Polypropylene Compounds Market by Application
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Product Type
6.4.4.5.2 Market size and forecast, by End Use Industry
6.4.4.5.2.1 Australia Automotive Polypropylene Compounds Market by Application
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Market size and forecast, by Product Type
6.4.4.6.2 Market size and forecast, by End Use Industry
6.4.4.6.2.1 Rest of Asia-Pacific Automotive Polypropylene Compounds Market by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Product Type
6.5.3 LAMEA Market size and forecast, by End Use Industry
6.5.3.1 LAMEA Automotive Polypropylene Compounds Market by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Product Type
6.5.4.1.2 Market size and forecast, by End Use Industry
6.5.4.1.2.1 Brazil Automotive Polypropylene Compounds Market by Application
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Product Type
6.5.4.2.2 Market size and forecast, by End Use Industry
6.5.4.2.2.1 Saudi Arabia Automotive Polypropylene Compounds Market by Application
6.5.4.3 South Africa
6.5.4.3.1 Market size and forecast, by Product Type
6.5.4.3.2 Market size and forecast, by End Use Industry
6.5.4.3.2.1 South Africa Automotive Polypropylene Compounds Market by Application
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Market size and forecast, by Product Type
6.5.4.4.2 Market size and forecast, by End Use Industry
6.5.4.4.2.1 Rest of LAMEA Automotive Polypropylene Compounds Market by Application
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Amcor Ltd.
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 Avient Corp
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 BASF SE
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Clariant Chemicals (India) Ltd
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 EXXON MOBIL CORPORATION (EXXONMOBIL CHEMICAL COMPANY, INC.
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 The Dow Chemical Company
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Eastman Chemical Company
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 INEOS AG
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 LG Chem
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 PolyOne Corporation
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
8.11 SABIC
8.11.1 Company overview
8.11.2 Company snapshot
8.11.3 Operating business segments
8.11.4 Product portfolio
8.11.5 Business performance
8.11.6 Key strategic moves and developments
8.12 solvay
8.12.1 Company overview
8.12.2 Company snapshot
8.12.3 Operating business segments
8.12.4 Product portfolio
8.12.5 Business performance
8.12.6 Key strategic moves and developments
8.13 Repsol
8.13.1 Company overview
8.13.2 Company snapshot
8.13.3 Operating business segments
8.13.4 Product portfolio
8.13.5 Business performance
8.13.6 Key strategic moves and developments
8.14 Sumitomo Chemical Co., Ltd.
8.14.1 Company overview
8.14.2 Company snapshot
8.14.3 Operating business segments
8.14.4 Product portfolio
8.14.5 Business performance
8.14.6 Key strategic moves and developments
8.15 LyondellBasell Industries Holdings B. V.
8.15.1 Company overview
8.15.2 Company snapshot
8.15.3 Operating business segments
8.15.4 Product portfolio
8.15.5 Business performance
8.15.6 Key strategic moves and developments
8.16 Borealis AG
8.16.1 Company overview
8.16.2 Company snapshot
8.16.3 Operating business segments
8.16.4 Product portfolio
8.16.5 Business performance
8.16.6 Key strategic moves and developments
8.17 RTP Company
8.17.1 Company overview
8.17.2 Company snapshot
8.17.3 Operating business segments
8.17.4 Product portfolio
8.17.5 Business performance
8.17.6 Key strategic moves and developments
List of Tables
Table 1. Global Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 2. Global Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 3. Polypropylene Compounds Market, for Mineral Filled, by Region, 2021-2031 ($Million)
Table 4. Polypropylene Compounds Market, for Mineral Filled, by Region, 2021-2031 (Kiloton)
Table 5. Polypropylene Compounds Market for Mineral Filled, by Country, 2021-2031 ($Million)
Table 6. Polypropylene Compounds Market for Mineral Filled, by Country, 2021-2031 (Kiloton)
Table 7. Polypropylene Compounds Market, for Compounded Tpo/Tpv, by Region, 2021-2031 ($Million)
Table 8. Polypropylene Compounds Market, for Compounded Tpo/Tpv, by Region, 2021-2031 (Kiloton)
Table 9. Polypropylene Compounds Market for Compounded Tpo/Tpv, by Country, 2021-2031 ($Million)
Table 10. Polypropylene Compounds Market for Compounded Tpo/Tpv, by Country, 2021-2031 (Kiloton)
Table 11. Polypropylene Compounds Market, for Glass Reinforced, by Region, 2021-2031 ($Million)
Table 12. Polypropylene Compounds Market, for Glass Reinforced, by Region, 2021-2031 (Kiloton)
Table 13. Polypropylene Compounds Market for Glass Reinforced, by Country, 2021-2031 ($Million)
Table 14. Polypropylene Compounds Market for Glass Reinforced, by Country, 2021-2031 (Kiloton)
Table 15. Polypropylene Compounds Market, for Others, by Region, 2021-2031 ($Million)
Table 16. Polypropylene Compounds Market, for Others, by Region, 2021-2031 (Kiloton)
Table 17. Polypropylene Compounds Market for Others, by Country, 2021-2031 ($Million)
Table 18. Polypropylene Compounds Market for Others, by Country, 2021-2031 (Kiloton)
Table 19. Global Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 20. Global Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 21. Polypropylene Compounds Market, for Automotive, by Region, 2021-2031 ($Million)
Table 22. Polypropylene Compounds Market, for Automotive, by Region, 2021-2031 (Kiloton)
Table 23. Polypropylene Compounds Market for Automotive, by Country, 2021-2031 ($Million)
Table 24. Polypropylene Compounds Market for Automotive, by Country, 2021-2031 (Kiloton)
Table 25. Global Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 26. Global Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 27. Polypropylene Compounds Market, for Interior, by Region, 2021-2031 ($Million)
Table 28. Polypropylene Compounds Market, for Interior, by Region, 2021-2031 (Kiloton)
Table 29. Polypropylene Compounds Market, for Interior, by Country, 2021-2031 ($Million)
Table 30. Polypropylene Compounds Market, for Interior, by Country, 2021-2031 (Kiloton)
Table 31. Polypropylene Compounds Market, for Exterior, by Region, 2021-2031 ($Million)
Table 32. Polypropylene Compounds Market, for Exterior, by Region, 2021-2031 (Kiloton)
Table 33. Polypropylene Compounds Market, for Exterior, by Country, 2021-2031 ($Million)
Table 34. Polypropylene Compounds Market, for Exterior, by Country, 2021-2031 (Kiloton)
Table 35. Polypropylene Compounds Market, for Unde. The Hood Components, by Region, 2021-2031 ($Million)
Table 36. Polypropylene Compounds Market, for Unde. The Hood Components, by Region, 2021-2031 (Kiloton)
Table 37. Polypropylene Compounds Market, for Unde. The Hood Components, by Country, 2021-2031 ($Million)
Table 38. Polypropylene Compounds Market, for Unde. The Hood Components, by Country, 2021-2031 (Kiloton)
Table 39. Polypropylene Compounds Market, for Building and Construction, by Region, 2021-2031 ($Million)
Table 40. Polypropylene Compounds Market, for Building and Construction, by Region, 2021-2031 (Kiloton)
Table 41. Polypropylene Compounds Market for Building and Construction, by Country, 2021-2031 ($Million)
Table 42. Polypropylene Compounds Market for Building and Construction, by Country, 2021-2031 (Kiloton)
Table 43. Polypropylene Compounds Market, for Electrical and Electronics, by Region, 2021-2031 ($Million)
Table 44. Polypropylene Compounds Market, for Electrical and Electronics, by Region, 2021-2031 (Kiloton)
Table 45. Polypropylene Compounds Market for Electrical and Electronics, by Country, 2021-2031 ($Million)
Table 46. Polypropylene Compounds Market for Electrical and Electronics, by Country, 2021-2031 (Kiloton)
Table 47. Polypropylene Compounds Market, for Textiles, by Region, 2021-2031 ($Million)
Table 48. Polypropylene Compounds Market, for Textiles, by Region, 2021-2031 (Kiloton)
Table 49. Polypropylene Compounds Market for Textiles, by Country, 2021-2031 ($Million)
Table 50. Polypropylene Compounds Market for Textiles, by Country, 2021-2031 (Kiloton)
Table 51. Polypropylene Compounds Market, for Others, by Region, 2021-2031 ($Million)
Table 52. Polypropylene Compounds Market, for Others, by Region, 2021-2031 (Kiloton)
Table 53. Polypropylene Compounds Market for Others, by Country, 2021-2031 ($Million)
Table 54. Polypropylene Compounds Market for Others, by Country, 2021-2031 (Kiloton)
Table 55. Polypropylene Compounds Market, by Region, 2021-2031 ($Million)
Table 56. Polypropylene Compounds Market, by Region, 2021-2031 (Kiloton)
Table 57. North America Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 58. North America Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 59. North America Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 60. North America Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 61. North America Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 62. North America Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 63. North America Polypropylene Compounds Market, by Country, 2021-2031 ($Million)
Table 64. North America Polypropylene Compounds Market, by Country, 2021-2031 (Kiloton)
Table 65. U.S. Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 66. U.S. Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 67. U.S. Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 68. U.S. Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 69. U.S. Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 70. U.S. Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 71. Canada Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 72. Canada Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 73. Canada Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 74. Canada Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 75. Canada Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 76. Canada Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 77. Mexico Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 78. Mexico Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 79. Mexico Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 80. Mexico Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 81. Mexico Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 82. Mexico Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 83. Europe Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 84. Europe Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 85. Europe Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 86. Europe Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 87. Europe Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 88. Europe Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 89. Europe Polypropylene Compounds Market, by Country, 2021-2031 ($Million)
Table 90. Europe Polypropylene Compounds Market, by Country, 2021-2031 (Kiloton)
Table 91. Germany Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 92. Germany Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 93. Germany Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 94. Germany Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 95. Germany Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 96. Germany Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 97. France Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 98. France Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 99. France Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 100. France Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 101. France Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 102. France Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 103. Italy Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 104. Italy Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 105. Italy Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 106. Italy Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 107. Italy Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 108. Italy Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 109. Spain Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 110. Spain Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 111. Spain Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 112. Spain Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 113. Spain Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 114. Spain Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 115. UK Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 116. UK Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 117. UK Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 118. UK Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 119. UK Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 120. UK Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 121. Rest of Europe Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 122. Rest of Europe Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 123. Rest of Europe Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 124. Rest of Europe Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 125. Rest of Europe Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 126. Rest of Europe Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 127. Asia-Pacific Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 128. Asia-Pacific Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 129. Asia-Pacific Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 130. Asia-Pacific Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 131. Asia-Pacific Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 132. Asia-Pacific Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 133. Asia-Pacific Polypropylene Compounds Market, by Country, 2021-2031 ($Million)
Table 134. Asia-Pacific Polypropylene Compounds Market, by Country, 2021-2031 (Kiloton)
Table 135. China Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 136. China Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 137. China Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 138. China Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 139. China Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 140. China Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 141. Japan Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 142. Japan Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 143. Japan Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 144. Japan Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 145. Japan Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 146. Japan Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 147. India Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 148. India Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 149. India Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 150. India Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 151. India Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 152. India Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 153. South Korea Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 154. South Korea Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 155. South Korea Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 156. South Korea Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 157. South Korea Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 158. South Korea Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 159. Australia Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 160. Australia Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 161. Australia Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 162. Australia Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 163. Australia Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 164. Australia Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 165. Rest of Asia-Pacific Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 166. Rest of Asia-Pacific Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 167. Rest of Asia-Pacific Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 168. Rest of Asia-Pacific Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 169. Rest of Asia-Pacific Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 170. Rest of Asia-Pacific Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 171. LAMEA Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 172. LAMEA Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 173. LAMEA Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 174. LAMEA Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 175. LAMEA Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 176. LAMEA Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 177. LAMEA Polypropylene Compounds Market, by Country, 2021-2031 ($Million)
Table 178. LAMEA Polypropylene Compounds Market, by Country, 2021-2031 (Kiloton)
Table 179. Brazil Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 180. Brazil Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 181. Brazil Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 182. Brazil Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 183. Brazil Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 184. Brazil Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 185. Saudi Arabia Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 186. Saudi Arabia Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 187. Saudi Arabia Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 188. Saudi Arabia Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 189. Saudi Arabia Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 190. Saudi Arabia Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 191. South Africa Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 192. South Africa Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 193. South Africa Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 194. South Africa Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 195. South Africa Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 196. South Africa Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 197. Rest of LAMEA Polypropylene Compounds Market, by Product Type, 2021-2031 ($Million)
Table 198. Rest of LAMEA Polypropylene Compounds Market, by Product Type, 2021-2031 (Kiloton)
Table 199. Rest of LAMEA Polypropylene Compounds Market, by End Use Industry, 2021-2031 ($Million)
Table 200. Rest of LAMEA Polypropylene Compounds Market, by End Use Industry, 2021-2031 (Kiloton)
Table 201. Rest of LAMEA Automotive Polypropylene Compounds Market, by Application, 2021-2031 ($Million)
Table 202. Rest of LAMEA Automotive Polypropylene Compounds Market, by Application, 2021-2031 (Kiloton)
Table 203. Amcor Ltd.: Company Snapshot
Table 204. Amcor Ltd.: Operating Segments
Table 205. Amcor Ltd.: Product Portfolio
Table 206. Amcor Ltd.: Net Sales,
Table 207. Amcor Ltd.: Key Strategies
Table 208. Avient Corp: Company Snapshot
Table 209. Avient Corp: Operating Segments
Table 210. Avient Corp: Product Portfolio
Table 211. Avient Corp: Net Sales,
Table 212. Avient Corp: Key Strategies
Table 213. Basf Se: Company Snapshot
Table 214. Basf Se: Operating Segments
Table 215. Basf Se: Product Portfolio
Table 216. Basf Se: Net Sales,
Table 217. Basf Se: Key Strategies
Table 218. Clariant Chemicals (India) Ltd: Company Snapshot
Table 219. Clariant Chemicals (India) Ltd: Operating Segments
Table 220. Clariant Chemicals (India) Ltd: Product Portfolio
Table 221. Clariant Chemicals (India) Ltd: Net Sales,
Table 222. Clariant Chemicals (India) Ltd: Key Strategies
Table 223. Exxon Mobil Corporation (Exxonmobil Chemical Company, Inc.: Company Snapshot
Table 224. Exxon Mobil Corporation (Exxonmobil Chemical Company, Inc.: Operating Segments
Table 225. Exxon Mobil Corporation (Exxonmobil Chemical Company, Inc.: Product Portfolio
Table 226. Exxon Mobil Corporation (Exxonmobil Chemical Company, Inc.: Net Sales,
Table 227. Exxon Mobil Corporation (Exxonmobil Chemical Company, Inc.: Key Strategies
Table 228. The Dow Chemical Company: Company Snapshot
Table 229. The Dow Chemical Company: Operating Segments
Table 230. The Dow Chemical Company: Product Portfolio
Table 231. The Dow Chemical Company: Net Sales,
Table 232. The Dow Chemical Company: Key Strategies
Table 233. Eastman Chemical Company: Company Snapshot
Table 234. Eastman Chemical Company: Operating Segments
Table 235. Eastman Chemical Company: Product Portfolio
Table 236. Eastman Chemical Company: Net Sales,
Table 237. Eastman Chemical Company: Key Strategies
Table 238. Ineos Ag: Company Snapshot
Table 239. Ineos Ag: Operating Segments
Table 240. Ineos Ag: Product Portfolio
Table 241. Ineos Ag: Net Sales,
Table 242. Ineos Ag: Key Strategies
Table 243. Lg Chem: Company Snapshot
Table 244. Lg Chem: Operating Segments
Table 245. Lg Chem: Product Portfolio
Table 246. Lg Chem: Net Sales,
Table 247. Lg Chem: Key Strategies
Table 248. Polyone Corporation: Company Snapshot
Table 249. Polyone Corporation: Operating Segments
Table 250. Polyone Corporation: Product Portfolio
Table 251. Polyone Corporation: Net Sales,
Table 252. Polyone Corporation: Key Strategies
Table 253. Sabic: Company Snapshot
Table 254. Sabic: Operating Segments
Table 255. Sabic: Product Portfolio
Table 256. Sabic: Net Sales,
Table 257. Sabic: Key Strategies
Table 258. Solvay: Company Snapshot
Table 259. Solvay: Operating Segments
Table 260. Solvay: Product Portfolio
Table 261. Solvay: Net Sales,
Table 262. Solvay: Key Strategies
Table 263. Repsol: Company Snapshot
Table 264. Repsol: Operating Segments
Table 265. Repsol: Product Portfolio
Table 266. Repsol: Net Sales,
Table 267. Repsol: Key Strategies
Table 268. Sumitomo Chemical Co., Ltd.: Company Snapshot
Table 269. Sumitomo Chemical Co., Ltd.: Operating Segments
Table 270. Sumitomo Chemical Co., Ltd.: Product Portfolio
Table 271. Sumitomo Chemical Co., Ltd.: Net Sales,
Table 272. Sumitomo Chemical Co., Ltd.: Key Strategies
Table 273. Lyondellbasell Industries Holdings B.V.: Company Snapshot
Table 274. Lyondellbasell Industries Holdings B.V.: Operating Segments
Table 275. Lyondellbasell Industries Holdings B.V.: Product Portfolio
Table 276. Lyondellbasell Industries Holdings B.V.: Net Sales,
Table 277. Lyondellbasell Industries Holdings B.V.: Key Strategies
Table 278. Borealis Ag: Company Snapshot
Table 279. Borealis Ag: Operating Segments
Table 280. Borealis Ag: Product Portfolio
Table 281. Borealis Ag: Net Sales,
Table 282. Borealis Ag: Key Strategies
Table 283. Rtp Company: Company Snapshot
Table 284. Rtp Company: Operating Segments
Table 285. Rtp Company: Product Portfolio
Table 286. Rtp Company: Net Sales,
Table 287. Rtp Company: Key Strategies
List of Figures
Figure 1. Polypropylene Compounds Market Segmentation
Figure 2. Polypropylene Compounds Market, 2021-2031
Figure 3. Polypropylene Compounds Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Polypropylene Compounds Mark.:Drivers, Restraints and Opportunities
Figure 12. Pricing Analysis
Figure 13. Value Chain Analysis
Figure 14. Key Regulation Analysis
Figure 15. Polypropylene Compounds Market, By Product Type, 2021(%)
Figure 16. Comparative Share Analysis of Mineral Filled Polypropylene Compounds Market, 2021-2031(%)
Figure 17. Comparative Share Analysis of Compounded Tpo/Tpv Polypropylene Compounds Market, 2021-2031(%)
Figure 18. Comparative Share Analysis of Glass Reinforced Polypropylene Compounds Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Others Polypropylene Compounds Market, 2021-2031(%)
Figure 20. Polypropylene Compounds Market, By End Use Industry, 2021(%)
Figure 21. Comparative Share Analysis of Automotive Polypropylene Compounds Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Building and Construction Polypropylene Compounds Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Electrical and Electronics Polypropylene Compounds Market, 2021-2031(%)
Figure 24. Comparative Share Analysis of Textiles Polypropylene Compounds Market, 2021-2031(%)
Figure 25. Comparative Share Analysis of Others Polypropylene Compounds Market, 2021-2031(%)
Figure 26. Polypropylene Compounds Market by Region, 2021
Figure 27. U.S. Polypropylene Compounds Market, 2021-2031($Million)
Figure 28. Canada Polypropylene Compounds Market, 2021-2031($Million)
Figure 29. Mexico Polypropylene Compounds Market, 2021-2031($Million)
Figure 30. Germany Polypropylene Compounds Market, 2021-2031($Million)
Figure 31. France Polypropylene Compounds Market, 2021-2031($Million)
Figure 32. Italy Polypropylene Compounds Market, 2021-2031($Million)
Figure 33. Spain Polypropylene Compounds Market, 2021-2031($Million)
Figure 34. Uk Polypropylene Compounds Market, 2021-2031($Million)
Figure 35. Rest of Europe Polypropylene Compounds Market, 2021-2031($Million)
Figure 36. China Polypropylene Compounds Market, 2021-2031($Million)
Figure 37. Japan Polypropylene Compounds Market, 2021-2031($Million)
Figure 38. India Polypropylene Compounds Market, 2021-2031($Million)
Figure 39. South Korea Polypropylene Compounds Market, 2021-2031($Million)
Figure 40. Australia Polypropylene Compounds Market, 2021-2031($Million)
Figure 41. Rest of Asia-Pacific Polypropylene Compounds Market, 2021-2031($Million)
Figure 42. Brazil Polypropylene Compounds Market, 2021-2031($Million)
Figure 43. Saudi Arabia Polypropylene Compounds Market, 2021-2031($Million)
Figure 44. South Africa Polypropylene Compounds Market, 2021-2031($Million)
Figure 45. Rest of LAMEA Polypropylene Compounds Market, 2021-2031($Million)
Figure 46. Top Winning Strategies, by Year
Figure 47. Top Winning Strategies, by Development
Figure 48. Top Winning Strategies, by Company
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap of Top 10 Key Players
Figure 52. Amcor Ltd.: Net Sales, ($Million)
Figure 53. Avient Cor.: Net Sales, ($Million)
Figure 54. Basf S.: Net Sales, ($Million)
Figure 55. Clariant Chemicals (India) Lt.: Net Sales, ($Million)
Figure 56. Exxon Mobil Corporation (Exxonmobil Chemical Company, Inc.: Net Sales, ($Million)
Figure 57. The Dow Chemical Compan.: Net Sales, ($Million)
Figure 58. Eastman Chemical Compan.: Net Sales, ($Million)
Figure 59. Ineos A.: Net Sales, ($Million)
Figure 60. Lg Che.: Net Sales, ($Million)
Figure 61. Polyone Corporatio.: Net Sales, ($Million)
Figure 62. Sabi.: Net Sales, ($Million)
Figure 63. Solva.: Net Sales, ($Million)
Figure 64. Repso.: Net Sales, ($Million)
Figure 65. Sumitomo Chemical Co. Ltd.: Net Sales, ($Million)
Figure 66. Lyondellbasell Industries Holdings B.V.: Net Sales, ($Million)
Figure 67. Borealis A.: Net Sales, ($Million)
Figure 68. Rtp Compan.: Net Sales, ($Million)
Executive Summary
According to the report, “Polypropylene Compounds Market," the polypropylene compounds market was valued at $16.2 billion in 2021, and is estimated to reach $29.7 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.Polypropylene (PP) compound is the commodity thermoplastic with the lowest density. Lower density results in lighter parts during molding. The toughness and flexibility of polypropylene are additional characteristics, particularly when it is copolymerized with ethylene. This enables polypropylene compounds to be used as an engineering thermoplastic, competing with materials such as acrylonitrile butadiene styrene (ABS). In order to improve certain mechanical performance over plain PP, functional additives (homo, random, or impact) are added to produce PP compounds. PP compounds are divided into a variety of grades based on their intended use (high stiffness, electro-conductivity, heat resistance, and others). PP compounds are mostly utilized in home and automotive appliance parts.
The global polypropylene compound market has been analyzed on the basis of product type, which includes mineral filled, compounded TPO/TPV, glass reinforced and others. The mineral filled segment garnered the highest share of 43.5% in the global polypropylene compound market in 2021. This is owing to an increase in demand for mineral-filled products since they provide higher heat distortion and rigidity when added to PP compounds.
In 2021, on the basis of end use industry, the automotive segment dominated the highest market share of around 52.4%. This is owing to increasing popularity of PP as an alternative for engineering plastics and metal in automotive applications.
By region, the global polypropylene compound market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the market, accounting for almost 41.2% of the global polypropylene compound market share and is expected to consolidate its position throughout the forecast period. This is owing to high demand for PP compounds from the automotive and electrical & electronics industries, especially in emerging countries, such as India, China, and Japan.
The market players operating in the global polypropylene compound market are BASF SE, LG Chem, Clariant AG, Solvay S.A., Exxon Mobil Corporation, SIBUR, Ineos Group, Dow Inc., Eastman Chemical Company, Avient Corporation, Amcor plc, Borealis AG, LyondellBasell Industries Holdings B.V., Repsol, RTP Company, Sumitomo Chemical Co., Ltd., and Hitemp Polymers Pvt. Ltd.
Key Findings of the Study
- By product type, the mineral emerged as the global leader by acquiring around 43.5% of the global market share in 2021, while glass reinforced is anticipated to be the largest market during the forecast period.
- On the basis of end use industry, the automotive segment registered the highest market share of around 52.4% and is projected to maintain the same during the forecast period.
- Asia-Pacific is the major consumer of polypropylene compound among other regions. It accounted for around 41.2% of the global market share in 2021 and is projected to maintain the same during the forecast period. Impact of Covid-19 on Global Polypropylene Compounds Market.
- The companies operating in the global polypropylene compound market are bouncing back due to resolution of supply constraints. The elevating demand for polypropylene compounds in industries such as packaging, automotive, building and construction, electrical and electronics, is expected to drive the market growth in the coming years.
Companies Mentioned
- Amcor Ltd.
- Avient Corp
- BASF SE
- Clariant Chemicals (India) Ltd
- EXXON MOBIL CORPORATION (EXXONMOBIL CHEMICAL COMPANY, INC.
- The Dow Chemical Company
- Eastman Chemical Company
- INEOS AG
- LG Chem
- PolyOne Corporation
- SABIC
- solvay
- Repsol
- Sumitomo Chemical Co., Ltd.
- LyondellBasell Industries Holdings B.V.
- Borealis AG
- RTP Company
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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