The polypropylene market size is poised to grow by $ 226.92 billion by 2032 from $ 136.04 Billion in 2022, exhibiting a CAGR of 5.3% during the forecast period 2023-2032.
Key Takeaway:
- By polymer type, the homopolymer segment was the highest revenue holder in 2022 which was 81%.
- By process, the injection molding segment accounted for 49% revenue share in 2022.
- By end-use, the automotive segment has held a revenue share of over 28.6% in 2022.
- By applications, the film and sheet segment accounted for a revenue share of over 37% in 2022.
The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.
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COVID-19 Impact
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Major companies operating in this area
- Lyondellbasell Industries Holdings B.V.
- Exxon Mobil Corporation
- SABIC
- China Petrochemical Corporation
- Eastman Chemical Company
- BASF SE
- LG Chem
- Trinseo S.A.
- Total S.A
- Westlake Chemical Corporation
Market Segmentation
By Process
- Blow Molding
- Extrusion
- Injection Molding
- Others
By Type
- Copolymer
- Homopolymer
By Application
- Film & Sheet
- Raffia
- Fiber
- Others
By End-use
- Building & Construction
- Electrical & Electronics
- Automotive
- Medical
- Packaging
- Others
By Regional
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Major highlights of Report:
- Figures related to sales volume, market remuneration, and segmental shares
- Featuring market dynamics
- Growth prospects and expansion graph
- PROCON study of direct & indirect sales channels
- Profiles of prominent traders, dealer, and distributors in the industry
Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa
- Industry forecasts based on region and at country level
- Data about sales volume recorded, industry share held, and profit margins amassed
- Overall remuneration and estimated growth rate for each regional market
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. DataSources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Polypropylene Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Polypropylene Market
5.1. Covid-19: Polypropylene Industry Impact
5.2. Polypropylene Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Polypropylene Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Polypropylene Manufacturers to deal with Covid-19 Pandemic Scenario
Chapter 6. Polypropylene Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing Preference of Polypropylene over Traditional Materials across Various Industries
6.1.1.2. Prominent Growth of End-use Industries
6.1.2. Market Restraints
6.1.2.1. Availability of Substitute that provides Stiff Competition to the Product
6.1.3. Market Opportunities
6.1.3.1. Significant Demand of Polypropylene from Automotive Industry
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
6.3. PESTEL Analysis
Chapter 7. Global Polypropylene Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Polypropylene Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Polypropylene Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Polypropylene Market Production by Manufacturer (2015-2020)
7.1.1.4. Polypropylene Market Production Market Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Manufacturers Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Polypropylene Market, By Process
8.1. Polypropylene Market, by Process, 2016-2027
8.1.1. Blow Molding
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Production and Forecast (2016-2027)
8.1.2. Extrusion
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Production and Forecast (2016-2027)
8.1.3. Injection Molding
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.3.2. Market Production and Forecast (2016-2027)
8.1.4. Other
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.4.2. Market Production and Forecast (2016-2027)
Chapter 9. Global Polypropylene Market, By Type
9.1. Polypropylene Market, by Type, 2016-2027
9.1.1. Copolymer
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.1.2. Market Production and Forecast (2016-2027)
9.1.2. Homopolymer
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.2.2. Market Production and Forecast (2016-2027)
Chapter 10. Global Polypropylene Market, By Application
10.1. Polypropylene Market, by Application, 2016-2027
10.1.1. Film & Sheet
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.1.2. Market Consumption and Forecast (2016-2027)
10.1.2. Raffia
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.2.2. Market Consumption and Forecast (2016-2027)
10.1.3. Fiber
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.3.2. Market Consumption and Forecast (2016-2027)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.4.2. Market Consumption and Forecast (2016-2027)
Chapter 11. Global Polypropylene Market, By End-use
11.1. Polypropylene Market, by End-use, 2016-2027
11.1.1. Building & Construction
11.1.1.1. Market Revenue and Forecast (2016-2027)
11.1.1.2. Market Consumption and Forecast (2016-2027)
11.1.2. Electrical & Electronics
11.1.2.1. Market Revenue and Forecast (2016-2027)
11.1.2.2. Market Consumption and Forecast (2016-2027)
11.1.3. Automotive
11.1.3.1. Market Revenue and Forecast (2016-2027)
11.1.3.2. Market Consumption and Forecast (2016-2027)
11.1.4. Medical
11.1.4.1. Market Revenue and Forecast (2016-2027)
11.1.4.2. Market Consumption and Forecast (2016-2027)
11.1.5. Packaging
11.1.5.1. Market Revenue and Forecast (2016-2027)
11.1.5.2. Market Consumption and Forecast (2016-2027)
11.1.6. Others
11.1.6.1. Market Revenue and Forecast (2016-2027)
11.1.6.2. Market Consumption and Forecast (2016-2027)
Chapter 12. Global Polypropylene Market, Regional Estimates and Trend Forecast
12.1. Global Revenue and Production Forecast (2016-2027)
12.2. Global Revenue and Consumption Forecast (2016-2027)
12.3. Global Import and Export Data (2016-2027)
12.4. North America
12.4.1. Overview and Regional Trends
12.4.2. Market Revenue and Production Forecast by Process(2016-2027)
12.4.3. Market Revenue and Production Forecast by Type (2016-2027)
12.4.4. Market Revenue and Consumption Forecast by Application (2016-2027)
12.4.5. Market Revenue and Consumption Forecast by End-use (2016-2027)
12.4.6. U.S
12.4.6.1. Market Revenue and Production Forecast (2016-2027)
12.4.6.2. Market Revenue and Consumption Forecast (2016-2027)
12.4.7. Canada
12.4.7.1. Market Revenue and Production Forecast (2016-2027)
12.4.7.2. Market Revenue and Consumption Forecast (2016-2027)
12.5. Europe
12.5.1. Overview and Regional Trends
12.5.2. Market Revenue and Production Forecast by Process (2016-2027)
12.5.3. Market Revenue and Production Forecast by Type (2016-2027)
12.5.4. Market Revenue and Consumption Forecast by Application (2016-2027)
12.5.5. Market Revenue and Consumption Forecast by End-use (2016-2027)
12.5.6. UK
12.5.6.1. Market Revenue and Production Forecast (2016-2027)
12.5.6.2. Market Revenue and Consumption Forecast (2016-2027)
12.5.7. Germany
12.5.7.1. Market Revenue and Production Forecast (2016-2027)
12.5.7.2. Market Revenue and Consumption Forecast (2016-2027)
12.5.8. France
12.5.8.1. Market Revenue and Production Forecast (2016-2027)
12.5.8.2. Market Revenue and Consumption Forecast (2016-2027)
12.5.9. Rest of EU
12.5.9.1. Market Revenue and Production Forecast (2016-2027)
12.5.9.2. Market Revenue and Consumption Forecast (2016-2027)
12.6. Asia Pacific (APAC)
12.6.1. Overview and Regional Trends
12.6.2. Market Revenue and Production Forecast by Process (2016-2027)
12.6.3. Market Revenue and Production Forecast by Type (2016-2027)
12.6.4. Market Revenue and Consumption Forecast by Application (2016-2027)
12.6.5. Market Revenue and Consumption Forecast by End-use (2016-2027)
12.6.6. China
12.6.6.1. Market Revenue and Production Forecast (2016-2027)
12.6.6.2. Market Revenue and Consumption Forecast (2016-2027)
12.6.7. India
12.6.7.1. Market Revenue and Production Forecast (2016-2027)
12.6.7.2. Market Revenue and Consumption Forecast (2016-2027)
12.6.8. Japan
12.6.8.1. Market Revenue and Production Forecast (2016-2027)
12.6.8.2. Market Revenue and Consumption Forecast (2016-2027)
12.6.9. Rest of APAC
12.6.9.1. Market Revenue and Production Forecast (2016-2027)
12.6.9.2. Market Revenue and Consumption Forecast (2016-2027)
12.7. LATAM
12.7.1. Overview and Regional Trends
12.7.2. Market Revenue and Production Forecast by Process (2016-2027)
12.7.3. Market Revenue and Production Forecast by Type (2016-2027)
12.7.4. Market Revenue and Consumption Forecast by Application (2016-2027)
12.7.5. Market Revenue and Consumption Forecast by End-use (2016-2027)
12.7.6. Brazil
12.7.6.1. Market Revenue and Production Forecast (2016-2027)
12.7.6.2. Market Revenue and Consumption Forecast (2016-2027)
12.7.7. Rest of LATAM
12.7.7.1. Market Revenue and Production Forecast (2016-2027)
12.7.7.2. Market Revenue and Consumption Forecast (2016-2027)
12.8. Middle East and Africa (MEA)
12.8.1. Overview and Regional Trends
12.8.2. Market Revenue and Production Forecast by Process (2016-2027)
12.8.3. Market Revenue and Production Forecast by Type (2016-2027)
12.8.4. Market Revenue and Consumption Forecast by Application (2016-2027)
12.8.5. Market Revenue and Consumption Forecast by End-use (2016-2027)
12.8.6. GCC
12.8.6.1. Market Revenue and Production Forecast (2016-2027)
12.8.6.2. Market Revenue and Consumption Forecast (2016-2027)
12.8.7. North Africa
12.8.7.1. Market Revenue and Production Forecast (2016-2027)
12.8.7.2. Market Revenue and Consumption Forecast (2016-2027)
12.8.8. South Africa
12.8.8.1. Market Revenue and Production Forecast (2016-2027)
12.8.8.2. Market Revenue and Consumption Forecast (2016-2027)
12.8.9. Rest of MEA
12.8.9.1. Market Revenue and Production Forecast (2016-2027)
12.8.9.2. Market Revenue and Consumption Forecast (2016-2027)
Chapter 13. Company Profiles
13.1. Lyondellbasell Industries Holdings B.V.
13.1.1. Company Overview, Business Information, Regional Presence
13.1.2. Product Portfolio Analysis
13.1.2.1. Product Details, Specification, Application
13.1.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.1.4. Recent Developments and Strategies
13.2. Exxon Mobil Corporation
13.2.1. Company Overview, Business Information, Regional Presence
13.2.2. Product Portfolio Analysis
13.2.2.1. Product Details, Specification, Application
13.2.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.2.4. Recent Developments and Strategies
13.3. SABIC
13.3.1. Company Overview, Business Information, Regional Presence
13.3.2. Product Portfolio Analysis
13.3.2.1. Product Details, Specification, Application
13.3.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.3.4. Recent Developments and Strategies
13.4. China Petrochemical Corporation
13.4.1. Company Overview, Business Information, Regional Presence
13.4.2. Product Portfolio Analysis
13.4.2.1. Product Details, Specification, Application
13.4.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.4.4. Recent Developments and Strategies
13.5. Eastman Chemical Company
13.5.1. Company Overview, Business Information, Regional Presence
13.5.2. Product Portfolio Analysis
13.5.2.1. Product Details, Specification, Application
13.5.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.5.4. Recent Developments and Strategies
13.6. BASF SE
13.6.1. Company Overview, Business Information, Regional Presence
13.6.2. Product Portfolio Analysis
13.6.2.1. Product Details, Specification, Application
13.6.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.6.4. Recent Developments and Strategies
13.7. LG Chem
13.7.1. Company Overview, Business Information, Regional Presence
13.7.2. Product Portfolio Analysis
13.7.2.1. Product Details, Specification, Application
13.7.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.7.4. Recent Developments and Strategies
13.8. Trinseo S.A.
13.8.1. Company Overview, Business Information, Regional Presence
13.8.2. Product Portfolio Analysis
13.8.2.1. Product Details, Specification, Application
13.8.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.8.4. Recent Developments and Strategies
13.9. Total S.A
13.9.1. Company Overview, Business Information, Regional Presence
13.9.2. Product Portfolio Analysis
13.9.2.1. Product Details, Specification, Application
13.9.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.9.4. Recent Developments and Strategies
13.10. Westlake Chemical Corporation
13.10.1. Company Overview, Business Information, Regional Presence
13.10.2. Product Portfolio Analysis
13.10.2.1. Product Details, Specification, Application
13.10.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
13.10.4. Recent Developments and Strategies
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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