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DUBLIN – (COMMERCIAL THREAD)–The “Opportunities and Competitive Analysis of Polypropylene Compounds Market” the report was added to ResearchAndMarkets.com offer.
The future of the global PP compounds market looks bright with opportunities in the electrical and electronics, building and construction, packaging, and automotive industries. The global PP compounds market declined in 2020 due to the global economic recession led by COVID-19. However, the market will experience a recovery in 2021 and is expected to reach around $ 13.9 billion by 2026 with a CAGR of 5.2% from 2021 to 2026. The main drivers of this market are the growth in demand for vehicles. lightweight, and the growing demand for PP compounds in the home appliance and consumer electronics industries.
An emerging trend, which has a direct impact on the dynamics of the polypropylene compounds industry, includes the development of environmentally friendly polypropylene compounds. LyondellBasell, Mitsui Chemicals, Borealis, Japan Polypropylene Corporation, Sumitomo Chemical, Spartech, Washington Penn, Kingfa, Sparsh Polychem, Ravago and SABIC are some of the major suppliers to the global PP compounds market.
In this market, homopolymers, random copolymers and impact copolymers are used for the manufacture of various plastic parts. The analyst predicts that the homopolymers segment will remain the largest segment in value and volume due to its low cost and high temperature resistance properties.
Within this market, Automotive Polypropylene Compound is expected to remain the largest end-use industry by value and volume due to growth in automotive production and increasing plastic content per vehicle. . The analyst predicts that the packaging segment will experience the strongest growth during the forecast period due to the growing middle class population and increasing demand for packaged food.
Asia Pacific (APAC) is expected to remain the largest region in value and volume and is also expected to experience the highest growth during the forecast period due to the increasing demand for pipe and fittings, wire and cable and profiles.
Characteristics of the Global PP Compounds Market
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Market Size Estimates: Estimating the market size of PP compound in terms of shipping value ($ M) and volume (KT)
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Trend and forecast analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: PP Compounds market size by various segments such as end-use industry, polymer type, and filler type in terms of value and shipping volume.
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Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World PP Compounds Market Split.
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Growth opportunities: Analysis of growth opportunities across different end-use industries, polymer types, filler types, and regions for the global PP Compounds market.
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Strategic Analysis: This includes mergers and acquisitions, new product development, and the competitive landscape of the global PP compounds market.
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Industry competitive intensity analysis based on Porter’s five forces model.
This report answers the following 11 key questions
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What are some of the most promising and high-growth opportunities in the global Polypropylene Compounds market by end use (automotive, household appliances, consumer electronics, packaging, industrial, and others), polymer type (homopolymers, random copolymers, and copolymers impact), load type (mineral loaded, glass reinforced, TPO / TPV compounds and others) and region (North America, Europe, Asia-Pacific and rest of the world)?
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Which segments will grow faster and why?
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Which regions will experience faster growth and why?
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What are the key factors affecting market dynamics? What are the drivers and challenges in the Polypropylene Compounds market?
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What are the business risks and threats for the Polypropylene Compounds market?
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What are the emerging trends in this Polypropylene Compounds market and the reasons behind them?
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What are the changing customer demands in the Polypropylene Compounds market?
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What are the new developments in the polypropylene compound market? Which companies are leading these developments?
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Who are the major players in this polypropylene compound market? What strategic initiatives are implemented by the key players for the growth of companies?
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What are some of the competitive products and processes in this field of polypropylene compounds and what threat do they pose for loss of market share through material or product substitution?
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What M&A activity has taken place in the past 5 years in this Polypropylene Compounds market?
Main topics covered:
1. Summary
2. Market context and classifications
3. Market trends and forecast analysis from 2015 to 2026
4. Market trends and forecast analysis from 2015 to 2026
5. Competitor analysis
6. Growth opportunities and strategic analysis
7. Company profiles of the main players
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LyondellBasell
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Mitsui Chemicals Inc
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Borealis SA
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Japanese Polypropylene Company
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Washington Penn Plastic
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Kingfa Science & Technology (India) Limited
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Sparsh Polychem Pvt. Ltd.
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ExxonMobil
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Ravago
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Sumitomo Chemical Co. Ltd.
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SABIC
For more information on this report, visit https://www.researchandmarkets.com/r/ene4lj
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