Lucintel's latest market report analyzed that polypropylene compound provides attractive opportunities in the automotive, appliances, consumer electronics, industrial, and packaging industries. The polypropylene compound market is expected to reach $12.7 billion by 2025 with a CAGR of 2.3%. In this market, homo polymer is the largest segment by polymer type, whereas automotive is largest by end use industry. The development of eco-friendly polypropylene compounds provides strategic growth path in this market.
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Based on polymer type, the polypropylene compound market is segmented into homo polymers, random copolymers, and impact copolymers. The homo polymers segment accounted for the largest share of the market in 2020 due to low cost and high temperature resistance properties.
Browse in-depth TOC on “Polypropylene Compound Market”
136 – Tables
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The polypropylene compound market is marked by the presence of several big and small players. Some of the prominent players offering polypropylene compound include LyondellBasell, Mitsui Chemicals, Borealis, Spartech, Washington Penn, Kingfa, Sparsh Polychem, Ravago, Sumitomo Chemical, and SABIC and others and others.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
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