Polypropylene Market- Global Industry Analysis, Size, Share,
The growing demand of polypropylene from end-use industries such as construction, automobile and packaging coupled with technological development in the manufacturing process is expected to drive polypropylene market during the forecast period between 2013 and 2019. In addition, capacity additions in China and Middle East are expected to boost the market growth. Polypropylene is a thermoplastic polymer which can be readily formed by catalytic polymerization of propylene. Manufacturing of polypropylene is largely dependent on the availability of raw materials which in turn is dependent on crude oil and natural gas production. Properties of polypropylene such as good surface hardness, high tensile strength and high chemical resistance have played a vital role in gradually replacing other polyolefins for many applications. It is one of the most versatile polymers which find application in packaging, automobile, construction, electrical and electronics, and medical industries.
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