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
TABLE OF CONTENTS
1 INTRODUCTION 13
- 1.1 OBJECTIVES OF THE STUDY 13
- 1.2 MARKET DEFINITION 13
- 1.3 OVERVIEW 13
- 1.4 LIMITATIONS 15
- 1.5 MARKETS COVERED 15
2 MARKET SEGMENTATION 20
- 2.1 MARKETS COVERED 20
- 2.2 GEOGRAPHICAL SCOPE 21
- 2.3 YEARS CONSIDERED FOR THE STUDY 22
- 2.4 CURRENCY AND PRICING 22
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 23
- 2.6 PRODUCT LIFELINE CURVE 26
- 2.7 MULTIVARIATE MODELING 27
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 28
- 2.9 DBMR MARKET POSITION GRID 29
- 2.10 MARKET APPLICATION COVERAGE GRID 30
- 2.11 DBMR MARKET CHALLENGE MATRIX 31
- 2.12 DBMR VENDOR SHARE ANALYSIS 32
- 2.13 SECONDARY SOURCES 33
- 2.14 ASSUMPTIONS 34
3 EXECUTIVE SUMMARY 35
4 PREMIUM INSIGHTS 38
- 4.1 PESTLE ANALYSIS 40
- 4.1.1 POLITICAL FACTORS 40
- 4.1.2 ECONOMIC FACTORS 41
- 4.1.3 SOCIAL FACTORS 41
- 4.1.4 TECHNOLOGICAL FACTORS 41
- 4.1.5 LEGAL FACTORS 41
- 4.1.6 ENVIRONMENTAL FACTORS 41
- 4.2 PORTER'S FIVE FORCES: 42
- 4.2.1 THREAT OF NEW ENTRANTS: 42
- 4.2.2 THE THREAT OF SUBSTITUTES: 42
- 4.2.3 CUSTOMER BARGAINING POWER: 42
- 4.2.4 SUPPLIER BARGAINING POWER: 43
- 4.2.5 INTERNAL COMPETITION (RIVALRY): 43
- 4.3 IMPORT-EXPORT SCENARIO 44
- 4.4 ESTIMATED PRODUCTION CONSUMPTION ANALYSIS 45
- 4.5 VENDOR SELECTION CRITERIA 46
- 4.6 CLIMATE CHANGE SCENARIO 48
- 4.6.1 ENVIRONMENTAL CONCERNS 48
- 4.6.2 INDUSTRY RESPONSE 48
- 4.6.3 GOVERNMENT'S ROLE 48
- 4.6.4 ANALYST RECOMMENDATION 48
- 4.7 PRICING ANALYSIS 49
- 4.8 RAW MATERIAL COVERAGE 50
- 4.8.1 PROPYLENE 50
- 4.8.2 ADDITIVES 50
- 4.8.3 FILLERS 50
- 4.8.4 LUBRICANTS 50
- 4.8.5 FLAME RETARDANTS 50
- 4.8.6 ANTISTATIC AGENTS 50
- 4.9 SUPPLY CHAIN OF THE GLOBAL POLYPROPYLENE COMPOUNDS MARKET 51
- 4.9.1 OVERVIEW: 51
- 4.9.2 LOGISTIC COST SCENARIO 51
- 4.9.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS: 51
- 4.10 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 52
5 REGULATION COVERAGE 53
6 MARKET OVERVIEW 54
- 6.1 DRIVERS 56
- 6.1.1 GROWING DEMAND FROM END-USE INDUSTRIES 56
- 6.1.2 ADVANCEMENTS IN MATERIAL TECHNOLOGY 57
- 6.1.3 RISING AS SUBSTITUTES FOR TRADITIONAL MATERIALS 57
- 6.2 RESTRAINTS 58
- 6.2.1 VOLATILITY IN RAW MATERIAL PRICES 58
- 6.2.2 ENVIRONMENTAL CONCERNS AND REGULATIONS 58
- 6.3 OPPORTUNITIES 59
- 6.3.1 RISING DEMAND FOR ECO-FRIENDLY AND SUSTAINABLE MATERIALS 59
- 6.3.2 EXPANDING INDUSTRIAL SECTORS 59
- 6.4 CHALLENGES 60
- 6.4.1 COMPETITIVE MATERIAL MARKET 60
- 6.4.2 RECYCLING CHALLENGES 61
7 GLOBAL POLYPROPYLENE COMPOUNDS MARKET BY GEOGRAPHY 62
- 7.1 OVERVIEW 62
- 7.2 NORTH AMERICA 65
- 7.3 EUROPE 68
- 7.4 ASIA-PACIFIC 72
- 7.5 SOUTH AMERICA 75
- 7.6 MIDDLE EAST & AFRICA 78
8 GLOBAL POLYPROPYLENE COMPOUNDS MARKET: COMPANY LANDSCAPE 81
- 8.1 COMPANY SHARE ANALYSIS: GLOBAL 81
- 8.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 82
- 8.3 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 83
- 8.4 COMPANY SHARE ANALYSIS: EUROPE 84
- 8.5 PRODUCT LAUNCH 85
- 8.6 INVESTMENT 86
- 8.7 AWARD 86
- 8.8 EXPANSION 87
- 8.9 NEW FACILITY 87
- 8.10 COLLABORATION 88
- 8.11 ACQUISITION 88
9 SWOT ANALYSIS 89
10 COMPANY PROFILES 90
- 10.1 LYONDELLBASELL INDUSTRIES HOLDINGS B.V. 90
- 10.1.1 COMPANY SNAPSHOT 90
- 10.1.2 REVENUE ANALYSIS 90
- 10.1.3 COPANY SHARE ANALYSIS 91
- 10.1.4 PRODUCT PORTFOLIO 91
- 10.1.5 RECENT DEVELOPMENT 93
- 10.2 SABIC 94
- 10.2.1 COMPANY SNAPSHOT 94
- 10.2.2 REVENUE ANALYSIS 94
- 10.2.3 COPANY SHARE ANALYSIS 95
- 10.2.4 PRODUCT PORTFOLIO 95
- 10.2.5 RECENT DEVELOPMENT 95
- 10.3 BOREALIS AG 97
- 10.3.1 COMPANY SNAPSHOT 97
- 10.3.2 REVENUE ANALYSIS 97
- 10.3.3 COPANY SHARE ANALYSIS 98
- 10.3.4 PRODUCT PORTFOLIO 98
- 10.3.5 RECENT DEVELOPMENT 100
- 10.4 TOTALENERGIES 101
- 10.4.1 COMPANY SNAPSHOT 101
- 10.4.2 REVENUE ANALYSIS 101
- 10.4.3 COPANY SHARE ANALYSIS 102
- 10.4.4 PRODUCT PORTFOLIO 102
- 10.4.5 RECENT DEVELOPMENT 103
- 10.5 EXXON MOBIL CORPORATION 105
- 10.5.1 COMPANY SNAPSHOT 105
- 10.5.2 REVENUE ANALYSIS 105
- 10.5.3 COPANY SHARE ANALYSIS 106
- 10.5.4 PRODUCT PORTFOLIO 106
- 10.5.5 RECENT DEVELOPMENT 106
- 10.6 AVIENT CORPORATION 108
- 10.6.1 COMPANY SNAPSHOT 108
- 10.6.2 REVENUE ANALYSIS 108
- 10.6.3 PRODUCT PORTFOLIO 109
- 10.6.4 RECENT DEVELOPMENT 109
- 10.7 BASF SE 110
- 10.7.1 COMPANY SNAPSHOT 110
- 10.7.2 REVENUE ANALYSIS 110
- 10.7.3 PRODUCT PORTFOLIO 111
- 10.7.4 RECENT DEVELOPMENT 111
- 10.8 BRASKEM 112
- 10.8.1 COMPANY SNAPSHOT 112
- 10.8.2 REVENUE ANALYSIS 112
- 10.8.3 PRODUCT PORTFOLIO 113
- 10.8.4 RECENT DEVELOPMENT 114
- 10.9 CELANESE CORPORATION 116
- 10.9.1 COMPANY SNAPSHOT 116
- 10.9.2 REVENUE ANALYSIS 116
- 10.9.3 PRODUCT PORTFOLIO 117
- 10.9.4 RECENT DEVELOPMENT 118
- 10.10 CHINA PETROCHEMICAL CORPORATION (SINOPEC) 119
- 10.10.1 COMPANY SNAPSHOT 119
- 10.10.2 REVENUE ANALYSIS 120
- 10.10.3 PRODUCT PORTFOLIO 120
- 10.10.4 RECENT DEVELOPMENT 120
- 10.11 FORMOSA PLASTICS GROUP 121
- 10.11.1 COMPANY SNAPSHOT 121
- 10.11.2 REVENUE ANALYSIS 121
- 10.11.3 PRODUCT PORTFOLIO 122
- 10.11.4 RECENT DEVELOPMENT 122
- 10.12 GS GLOBAL CORP 123
- 10.12.1 COMPANY SNAPSHOT 123
- 10.12.2 REVENUE ANALYSIS 123
- 10.12.3 PRODUCT PORTFOLIO 124
- 10.12.4 RECENT DEVELOPMENT 124
- 10.13 INEOS 125
- 10.13.1 COMPANY SNAPSHOT 125
- 10.13.2 REVENUE ANALYSIS 125
- 10.13.3 PRODUCT PORTFOLIO 126
- 10.13.4 RECENT DEVELOPMENT 126
- 10.14 LG CHEM 127
- 10.14.1 COMPANY SNAPSHOT 127
- 10.14.2 REVENUE ANALYSIS 127
- 10.14.3 PRODUCT PORTFOLIO 128
- 10.14.4 RECENT DEVELOPMENT 128
- 10.15 MITSUI CHEMICALS, INC. 129
- 10.15.1 COMPANY SNAPSHOT 129
- 10.15.2 REVENUE ANALYSIS 130
- 10.15.3 PRODUCT PORTFOLIO 130
- 10.15.4 RECENT DEVELOPMENTS 131
- 10.16 RELIANCE INDUSTRIES LIMITED 132
- 10.16.1 COMPANY SNAPSHOT 132
- 10.16.2 REVENUE ANALYSIS 132
- 10.16.3 PRODUCT PORTFOLIO 133
- 10.16.4 RECENT DEVELOPMENT 134
- 10.17 REPSOL 135
- 10.17.1 COMPANY SNAPSHOT 135
- 10.17.2 REVENUE ANALYSIS 135
- 10.17.3 PRODUCT PORTFOLIO 136
- 10.17.4 RECENT DEVELOPMENT 138
- 10.18 SASOL 139
- 10.18.1 COMPANY SNAPSHOT 139
- 10.18.2 REVENUE ANALYSIS 139
- 10.18.3 PRODUCT PORTFOLIO 140
- 10.18.4 RECENT DEVELOPMENT 140
- 10.19 SCG CHEMICALS PUBLIC COMPANY LIMITED 141
- 10.19.1 COMPANY SNAPSHOT 141
- 10.19.2 REVENUE ANALYSIS 141
- 10.19.3 PRODUCT PORTFOLIO 142
- 10.19.4 RECENT DEVELOPMENT 143
- 10.20 TRINSEO 144
- 10.20.1 COMPANY SNAPSHOT 144
- 10.20.2 REVENUE ANALYSIS 144
- 10.20.3 PRODUCT PORTFOLIO 145
- 10.20.4 RECENT DEVELOPMENT 145
11 QUESTIONNAIRE 146
12 RELATED REPORTS 149