Polypropylene Market Size Till 2026

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Polypropylene Market To Reach USD 155.57 Billion
By 2026
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Market Summary
The global polypropylene market is expected to
reach USD 155.57 Billion by 2026, according to a
new report by Reports and Data. Polypropylene is
the second-most commonly produced plastic, in
terms of volume, after polyethylene. The global
production of polypropylene resin is 56.0 Million
Metric Tons in 2018 and is projected to reach
around 88.0 Million Metric Tons by 2026, growing
at a rate of approximately 5.7. Increasing
demand for polypropylene from the packaging
industry is estimated to stimulate market demand
in the forecast period. Superior barrier
properties, high tensile strength, better surface
finish, and low cost allows polypropylene to be
an ideal product for numerous packaging
applications.

• Further key findings from the report suggest
• 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.
• By grade, homopolymers are expected to grow at a
  rate of 5.0 in the forecast period. Homopolymers
  have a high strength-to-weight ratio and are
  rigid and sturdier than the copolymer. These
  properties, along with a good chemical resistance
  and weldability, make this grade of polypropylene
  a suitable material in many corrosion resistant
  structures.
• 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.

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Market Summary
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 2016-2026 and
  Revenue, USD Million 2016-2026)
• Synthetic
• Bio-Based
• Application Outlook (Volume, Kilo Tons 2016-2026
  and Revenue, USD Million 2016-2026)
• Plastics
• Fibers

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Market Summary
Regional Outlook for Industrial Filters Market
analyses the following geographies North
America (United States Europe (France,
UK) Asia-Pacific (China, Japan, India)
South America (Brazil) Middle East and
Africa
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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

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