Global polypropylene compounds market is expected to reach USD 32,852,644.35 thousand by 2030 from USD 23,136,416.58 thousand in 2022, growing at a CAGR of 4.6% in the forecast period of 2023 to 2030
Market Segmentation:
Global Polypropylene Compounds Market, By Product (Mineral Filled Polypropylene, Compound TPOs/TPVs, Additive Concentrates, Glass Reinforced, and Others), Polymer Type (Homopolymers and Copolymers), Application (Fiber, Film & Sheet, Raffia, and Others), End-User (Automotive, Packaging, Building and Construction, Electrical and Electronics, Consumer Goods, Medical, Textile, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, France, U.K., Spain, Russia, Turkey, Belgium, Netherlands, Sweden, Switzerland, Denmark, Norway, Finland, Rest of Europe, China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Philippines, Taiwan, Singapore, Australia, New Zealand, Hong Kong, Rest of Asia-Pacific, Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Kuwait, Oman, Qatar, Bahrain, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Global Polypropylene Compounds Market Dynamics:
Drivers
Growing demand from automotive industry.
Increasing usage in consumer goods.
Packaging industry expansion
Restraints
Fluctuation in the prices
Competition from alternate materials.
Opportunities
Rise in demand from construction sector.
Increase in partnerships for the growth of the construction sector in emerging countries
Market Players:
Some of the key players operating in the global polypropylene compounds market are:
Mitsui Chemicals, Inc.
Exxon Mobil Corporation
SABIC
Borealis AG
Braskem
China Petrochemical Corporation (SINOPEC)
Celanese Corporation
Call Us
( India toll free )
+91 835 605 0278
( US toll free )
+1 800 601 6071
Drop us an email at
sales@prudentmarkets.com
Get your pre and post sales queries resolved by our Subject matter experts.
We will assist you to customize the report to fit your research needs.
Our prime focus is to provide qualitative and accurate data.
Feel free to order a sample report before purchase.
Your personal and confidential information is safe and secured.