Polypropylene Homopolymer Market: Key Segments

Based on type, the polypropylene homopolymer market can be segmented into injecting molding, film & sheet, fiber, extrusion, blow molding and others. Consumption of polypropylene homopolymer in the blow molding application has been rising due to the increase in demand for packaged food and beverages in emerging countries. Polypropylene is majorly used in the blow molding application due to its ability to withstand elevated temperatures. It can be easily steam sterilized and has high melting point. Its common applications include water bottles, shampoo bottles, and lubricant/pesticide containers.

In terms of end-use industry, the polypropylene homopolymer market can be divided into packaging, electrical & electronics, textile, automotive, building & construction, medical, and others. The packaging segment is expected to dominate the global polypropylene homopolymer market. Rise in consumption of polypropylene homopolymer, particularly in flexible packaging applications, is expected to boost the packaging segment.

Polypropylene Homopolymer Market: Regional Outlook

In terms of region, the global polypropylene homopolymer market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to account for key share of the polypropylene homopolymer market in the near future. This can be ascribed to the well-developed application segments such as packaging, automobile, textile, and others; and large presence of PP homopolymer manufacturers in the region. The market in Europe is anticipated to expand at a remarkable pace from 2018 to 2026, due to increase in consumption of polypropylene homopolymers in the automotive industry and rise in the demand for these homopolymers in the construction industry in the region. The market in Asia Pacific is projected to expand at a rapid pace in terms of revenue, owing to the increase in adoption of polypropylene homopolymers in health care and automobile sectors in emerging economies in the region. Latin America and Middle East & Africa also account for significant share of the global polypropylene homopolymer market. This can be ascribed to increase in demand for PP homopolymers in various end-use industries in these regions.

Polypropylene Homopolymer Market: Key Players

Prominent players operating in the global polypropylene homopolymer market are LyondellBasell Industries, Braskem S.A., The Dow Chemical Company, Reliance Industries Limited, L.C.Y. Chemical Corporation, Total Petrochemicals USA Inc., IRPC Public Company Limited., Sasol Limited., National Petrochemical Industrial Company, and The Polyolefin Company (Singapore) Pte Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)