Polypropylene (PP) Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

Format: Online | Last Updated: Sep 2021

[Online Quarterly Update] The Polypropylene market has shown significant growth as its demand reached 68.25 million tonnes in 2020 and the market is anticipated to grow at a CAGR of 5.90% in the next ten years until 2030. Polypropylene (PP), also known as Polypropene, is a thermoplastic ‘addition’ polymer, produced from the polymerization of propylene monomers. Polypropylene belongs to the group of Polyolefins and is rigid, tough, crystalline, and non-polar in nature. After Polyethylene, Polypropylene is the second-most produced plastic. Polypropylene can be easily copolymerized with other polymers like polyethylene, which changes the material properties significantly, allowing for more robust applications and making it an ideal material for various end-use industries. Polypropylene possesses versatile properties such as high chemical resistance, fatigue resistance, high insulation, high elasticity and toughness, and high transmissivity. 
The two major types of Polypropylene available in the market include Homopolymers (PPH) and Copolymers (PPC), which are widely utilized in packaging, healthcare, textiles, pipes, automotive, electrical, and other applications. Polypropylene is an important chemical commodity used in numerous industrial and household applications like the packaging of consumer products and manufacturing of plastic parts for end-user industries. It is extensively used in the manufacturing of plastic moldings, ropes, carpets, rugs, ropes, roofing membranes, electrical insulators, etc. one of the most common applications for PP is as biaxially oriented polypropylene (BOPP), which are used to make a wide variety of materials including clear bags. 
On the basis of the end-use industry, the Polypropylene market is segmented into packaging, automotive, building & construction, medical, electrical & electronics, and others. The growing demand for PP from these major end-use industries is driving the market growth of polypropylene around the world. The packaging industry dominates the Polypropylene market as it is the most widely used plastic for packaging and largely used in food packaging applications. The increasing demand for Polypropylene by the automotive industry is expected to boost the Polypropylene market in the forecast period. As polypropylene is a low-cost material with excellent mechanical properties, more than half of the plastic is used in the automotive sector for bumpers, instrumental panels, door trims, etc. Exponentially rising demand for electric and hybrid electric vehicles (EV/HEV) is further propelling the demand for Polypropylene and is likely to augment the market growth in the future. The surging demand for Polypropylene from building & construction and electricals & electronics industries for insulation purposes is expected to accelerate the Polypropylene market over the next few years. 
Due to the outbreak of COVID-19, in 2020, the pandemic triggered an unprecedented decline in the Polypropylene market due to the novel coronavirus, which led to countrywide lockdowns and government restrictions across several nations to curb the spread of the deadly virus. During the first half of 2020, several end-use industries, including automotive, construction, electrical & electronic, and others witnessed a severe decline in terms of demand and production. However, the demand for specialized polypropylene surged in the healthcare sector due to the high demand for medical masks, gowns, and other safety kits during the covid times. 
Among different regions, the Asia Pacific region dominated the Polypropylene market in 2020 and is anticipated to maintain its dominance in the forecast period until 2030. Growing demand for Polypropylene from the packaging and automotive industry, especially in emerging countries such as China, India, and Japan, is anticipated to drive the market in the Asia Pacific region. The rising demand for Polypropylene by the food and beverage industry in countries like U.S., Canada, and Mexico, will boost the Polypropylene market in North America. 
Major players for Polypropylene include Formosa Plastics Group, China Petrochemical Corporation, LG Chem, Sumitomo Chemical, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, SABIC, DuPont, INEOS, Eastman Chemical Company, Westlake Chemical Corporation, BASF SE, Reliance Industries Limited, Braskem, Haldia Petrochemicals Limited, Lotte Chemical UK LTD., Trinseo, HPCL- Mittal Energy Limited, and Others. 
Years considered for this report:

Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study: 
• To assess the demand-supply scenario of Polypropylene which covers production, demand and supply of Polypropylene market globally.
• To analyse and forecast the market size of Polypropylene.
• To classify and forecast global Polypropylene market based on application, technology, end-use and regional distribution.
• To identify drivers and challenges for global Polypropylene market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Polypropylene market.
• To identify and analyse the profile of leading players involved in the manufacturing of Polypropylene.
To extract data for Polypropylene market, primary research surveys were conducted with Polypropylene manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global Polypropylene market over the coming years. 
ChemAnalyst calculated Polypropylene demand globally by analyzing the historical data and demand forecast which was carried out considering imported Polypropylene, styrene prices, monomers used for production of Polypropylene. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Polypropylene manufacturers and other stakeholders
• Organizations, forums and alliances related to Polypropylene distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Polypropylene manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Polypropylene market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market size volume in 2020
68.25 million Tons
Growth Rate
CAGR of 5.90% from 2021 to 2030
Base year for estimation
Historic Data
2015 – 2019
Forecast period
2021 – 2030
Quantitative units
Demand in tons and CAGR from 2021 to 2030
Report coverage
Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered
1. End Use (Packaging, Construction, Automotive, Textile and Others)
2. Grades: (Polymer Grade (>=99.5%), Chemical Grade (>=93.4%), Refinery Grade (60 - 70%))
3.   Distribution Channel (Direct/Institutional Sales, Other Channel Sales)
Regional scope
North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope
United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled
LyondellBasell Industries N.V., The Dow chemical Company, SABIC, BASF SE, Sinopec Corp., BP plc., ExxonMobil Corporation, Shell Plc., Total S.A., Huntsman Corporation, Valero Energy Corp. China Petroleum & Chemical Corporation, IRPC plc. and Reliance Industries Limited among others.
Customization scope
Free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options
Avail customized purchase options to meet your exact research needs.Explore purchase options
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs. The following customization options are available for the report:
In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com

Frequently Asked Questions (FAQ):

What are the major applications of Polypropylene? 

Polypropylene find its applications in various end-user industries packaging, automotive, building & construction, medical, electrical & electronics, and others.

Which region demands the maximum share in the global Polypropylene market as of 2020?

The Asia Pacific region holds the maximum share the global Polypropylene market as of 2020. 

Do you offer single or multiuser license?

Online Access 12 Months – Single User License (Up to 3 users can access the database)

Online Access 12 Months – Enterprise License (Up to 10 Users can access the database).

Will I get access to the analyst who authored this report?

You will have 24/7 access to the analyst during the subscription period.


Get COVID-19 Impact Analysis Included in Your Report Free of Cost

Request For COVID-19 Update

Personalize this Research

  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization

Let us help you!

  • What are the Known and Unknown Adjacencies Impacting your target market
  • What will your New Revenue Sources be?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners

Track Real Time Prices