Polypropylene (PP) Homopolymer Market Analysis - Global Industry Size, Share, Trends and Forecast 2025

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC499

Introduction

Polypropylene (PP) homopolymer, also known as homo polypropylene, is broadly utilized in plastic processing for manufacture of several products in automotive, household,  electronics, packaging, electrical, medical and personal care applications. PP homopolymer furnishes an excellent strength to weight ratio and offers robust resistance to chemical and weldability. On account of its huge application areas, polypropylene homopolymer is considered to be a huge volume commodity across several end use industries.

Market Dynamics

Increasing demand for PP homopolymers, especially in the bundling and packaging industry, is a major aspect driving the growth of global PP homopolymer market. Several characteristic properties such as robust chemical resistance and high physical strength make polypropylene homopolymer an excellent choice for a wide range of packaging areas. Owing to the growth of e-commerce as well as retail sector, the demand for high tech packaging is surging, which in turn is projected to bolster the overall demand for PP homopolymers, globally. In addition to this, to comply with several government and environmental norms, various automobile manufacturers across the globe are focusing on reducing carbon emissions and thus, PP homopolymer is playing a major role in automotive application. Utilization of PP homopolymer in automotive sector results in light weight vehicles, which further helps in improving the fuel efficiency. However, automotive manufacturers are switching towards the use of aluminum and PP copolymer since aluminum and PP copolymer offer relatively better durability and toughness when compared to PP homopolymer which is a major factor anticipated to hinder the market growth. 

Market Classification

The global polypropylene homopolymer market can be segmented on the basis of processing technology, application and geography. Based on processing technology, the global PP homopolymer market can be segmented into injection molding, film, extrusion, fiber and others. On the basis of application, the global PP homopolymer market can be segmented into packaging, electrical and electronics, automotive, textile, building & construction and others. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.

Report Coverage

Market

Polypropylene (PP) Homopolymer Market

Analysis Period

2015 – 2025

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2025

Market Stratification

Processing Technology, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players in the global PP homopolymer market include Braskem S.A., LyondellBasell Industries NV, Reliance Industries Limited, The Dow Chemical Company, Total Petrochemicals USA Inc., L.C.Y. Chemical Corporation, Sasol Limited., IRPC Public Company Limited., The Polyolefin Company Pte Ltd. and National Petrochemical Industrial Company among others.

Market Segmentation

Market By Processing technology

o   Injection Molding

o   Film

o   Other Extrusion

o   Fiber

o   Others (sheet, blow molding etc.)

Market By Application

o   Packaging

o   Electrical and Electronics

o   Textile

o   Automotive

o   Building and Construction

o   Others

Market By Geography

·         North America

o   U.S.

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


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