Polypropylene Resin Market Size, Share, Opportunities, And Trends By Product (Sheets, Films, Pipes, Others), By End-User Industry (Packaging, Building, and Construction, Oil and Gas, Automotive, Healthcare, Others), And By Geography - Forecasts From 2025 To 2030

Polypropylene Resin Market is projected to grow at a CAGR of 5.74% between 2025 to 2030.

Polypropylene is a hugely versatile plastic due to its low cost, durability, and excellent tolerance of both chemical substances and high temperatures. The growth in polypropylene consumption is mainly driven by a combination of rapid economic development in emerging economies and steady growth in mature economies. Burgeoning demand for a number of PP products from end-user industries such as automotive, packaging, healthcare and etc. is augmenting the polypropylene resin market growth. Thus, the market is expected to grow at a substantial rate over the forecast period owing to the number of investments related to capacity expansion taking place in order to meet the growing demand from various industry verticals.

DRIVERS

Rapid Industrialization and Construction in emerging economies.
Burgeoning penetration of polypropylene resin among various end-users.

RESTRAINTS

Fluctuation in petroleum prices.
Ban on single-use plastic.

INDUSTRY UPDATE

In March 2019, ExxonMobil announced to construction a polypropylene plant in the Baton Rouge facility, Louisiana in order to increase the production capacity in the Gulf Coast area by 450,000 tons annually.
In January 2019, Nayara Energy invested $850 million to expand into the petrochemical business by setting up a polypropylene plant in Gujarat.

The major players profiled in the global polypropylene resin market include SABIC, Braskem, LyondellBasell Industries Holdings B.V., Borealis AG, China Petroleum Corporation, Exxon Mobil Corporation, PetroChina Company Limited, Chevron Philips Chemical Company, INEOS, LG Chem, Formosa Plastics Corporation, Saudi Polymers LLC, Tasnee, Sumitomo Chemical Co., Ltd., and Reliance Industries Limited among others.

Segmentation

The global polypropylene resin market has been analyzed through the following segments:

By Product

Sheets
Films
Pipes
Others

By End-User Industry

Packaging
Building and Construction
Automotive
Oil and Gas
Healthcare
Others

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL POLYPROPYLENE RESIN MARKET BY PRODUCT
5.1. Sheets
5.2. Films
5.3. Pipes
5.4. Others
6. GLOBAL POLYPROPYLENE RESIN MARKET BY END-USER INDUSTRY
6.1. Packaging
6.2. Building and Construction
6.3. Automotive
6.4. Oil and Gas
6.5. Healthcare
6.6. Others
7. GLOBAL POLYPROPYLENE RESIN MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. SABIC
9.2. Braskem
9.3. LyondellBasell Industries Holdings B.V.
9.4. Borealis AG
9.5. China Petroleum Corporation
9.6. Exxon Mobil Corporation
9.7. PetroChina Company Limited
9.8. Chevron Philips Chemical Company
9.9. INEOS
9.10. LG Chem
9.11. Formosa Plastics Corporation
9.12. Saudi Polymers LLC
9.13. Tasnee
9.14. Sumitomo Chemical Co., Ltd.
9.15. Reliance Industries Limited
LIST OF FIGURES
LIST OF TABLES

SABIC
Braskem
LyondellBasell Industries Holdings B.V.
Borealis AG
China Petroleum Corporation
Exxon Mobil Corporation
PetroChina Company Limited
Chevron Philips Chemical Company
INEOS
LG Chem
Formosa Plastics Corporation
Saudi Polymers LLC
Tasnee
Sumitomo Chemical Co., Ltd.
Reliance Industries Limited