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The global polypropylene market is expected to reach USD 155.57 Billion by 2026, according to a new report by Reports and Data.
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Polypropylene Market To Reach USD 155.57 Billion By 2027
Market Summary Market Size – USD 97.00 billion in 2018, Market Growth - CAGR of 6.0%, Market Trends – Increasing demand for lightweight material in automobiles The Global Polypropylene Market is expected to reach USD 155.57 Billion by 2027, according to a new report by Reports and Data. Polypropylene is the second-most commonly produced plastic, in terms of volume, after polyethylene. Further key findings from the report suggest: By molding techniques, injection molding held a substantial market share in 2018. This technique is used in various industries to produce goods for different segments. • The application of polypropylene in the automotive sector is expected to grow at a rate of 6.3% in the forecast period owing to the increasing demand for lightweight vehicles. • The market in the Asia Pacific region held the largest market share in 2018 and is expected to maintain its dominance in the forecast period. • Synthetic Polymers held a major market share in 2018 and are expected to grow at a moderate rate in the forecast period which is attributed to its widespread application in several industries. • www.reportsanddata.com
Key Players: SABIC, Exxon Mobil, Dupont, INEOS, Lyondellbasell Industries Holdings B.V., Total S.A., Formosa Plastics Group, China Petrochemical Corporation, LG Chem, and Sumitomo Chemical, among others . Segmentation: Type Outlook (Volume, Kilo Tons; 2020-2027 and Revenue, USD Million; 2020-2027) • Synthetic • Bio-Based Grade Outlook (Volume, Kilo Tons; 2020-2027 and Revenue, USD Million; 2020-2027) • Homopolymer • Copolymer Molding Techniques Outlook (Volume, Kilo Tons; 2020-2027 and Revenue, USD Million; 2020-2027) • Injection Molding • Blow Molding • Extrusion • Others www.reportsanddata.com
Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com
Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com
About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com