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Polypropylene Market Size, Share & Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Others), and Regional Forecast, 2019-2026<br>Browse Complete Report Details@ https://www.fortunebusinessinsights.com/industry-reports/polypropylene-pp-market-101583
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Polypropylene Market Size, Share & Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Others), and Regional Forecast, 2019-2026 Buy Now Sample PDF Get Discount Published Date: April 2019 Region: Global Report Format: PDF Base Year: 2018 Fortune Business Insights Pvt Ltd.
Polypropylene Market Size, Share & Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Others), and Regional Forecast, 2019-2026 Report Highlights: The global polypropylene market is poised to attain a market value of USD 122.31 billion by 2026, registering a CAGR of 5.5% during the forecast period. One of the key drivers of the global polypropylene market growth is the rising demand for the polymer in the automotive industry. Polypropylene is widely used in automobile manufacturing owing to its moldable properties and low costs. Within this industry, this polymer is primarily used in fender lines, battery trays and cases, instrumental panels, and interior and door trims. Additionally, polypropylene offers a variety of other benefits, such as high chemical resistance and excellent impact balance, that make it a highly valuable material in the automotive industry. According to the Fortune Business Insights report, titled “Polypropylene Market Size, Share & Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Others), and Regional Forecast, 2019-2026”, the global polypropylene market value in 2018 was USD 79.85 billion. The report also contains an in- depth analysis and evaluation of the factors, trends, and dynamics that will influence the market during the forecast period. Fortune Business Insights Pvt Ltd.
Polypropylene Market Size, Share & Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Others), and Regional Forecast, 2019-2026 Extensive Applicability in the Packaging Industry to Favor Market Growth Rapidly developing packaging industry on account of growing e-commerce activities is raising the demand for polypropylene and is turning out to be one of the major factors leading the expansion of the global polypropylene market size. The wide usage of polypropylene in packaging is attributable to the polymer’s exceptional welding qualities and chemical resistance properties as well as other structural and molecular advantages. For example, in food packaging, PP is a preferred option owing to its low moisture and water vapor transmission and high optical clarity. Escalating Demand for PP in Healthcare to Bolster the Market Polypropylene is used in a wide range of procedures in the medical field owing to the high bacterial and chemical resistance of the polymer. The most commonly seen application of PP in hospitals is disposable syringes. Other application areas include petri dishes, food trays and pans, medical vials, intravenous bottles, and many more. Persistently high demand for PP in healthcare will be one of the critical drivers of the global polypropylene market revenue in the forecast period. Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/polypropylene-pp-market-101583 Fortune Business Insights Pvt Ltd.
Polypropylene Market Size, Share & Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Others), and Regional Forecast, 2019-2026 Expansion of Operations to Intensify Competition Key players are adopting different strategies, such as operational expansion and development of novel products, to reinforce their position in the global polypropylene market. For example, in September 2019, LyondellBasell upgraded their polypropylene compounding plant in Germany by installing a fifth production line at the site. Commitment to sustainable development goals by private companies is giving rise to innovations in terms of recycling of plastic. Top Players Mentioned: Some of the players operating in the global breast cancer therapeutics market are Formosa Plastics Group • China National Petroleum Corporation • INEOS • LyondellBasell • Reliance Industries Limited • ExxonMobil Chemical • SABIC • Dupont Fortune Business Insights Pvt Ltd.
Polypropylene Market Size, Share & Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Others), and Regional Forecast, 2019-2026 About Us: Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. Phone: US: +1 424 253 0390 UK: +44 2071 939123 APAC: +91 744 740 1245 Email: sales@fortunebusinessinsights.com Fortune Business Insights Pvt Ltd.