Polypropylene Compounds Market Share & Industry Report - 2028

    Polypropylene Compounds Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Mineral Filled PP Compounds, Compounded TPO, Compounded TPV, Glass Reinforced, and Others) and End User (Automotive, Electricals and Electronics, Packaging, Building and Construction, Textiles, and Others)

    Publication Month: Oct 2021 | Report Code: TIPRE00016556 | No. of Pages: 135 | Category: Chemicals and Materials | Status: Published

    The polypropylene compounds market is projected to reach US$ 25,864.00 million by 2028 from US$ 17,977.40 million in 2021; it is expected to grow at a CAGR of 5.3% from 2021 to 2028.

    Polypropylene, a thermoplastic polymer, is used in a variety of applications. It is basically produced through chain-growth polymerization derived from the monomer propylene. Polypropylene compounds are basically thermoplastic resins that are produced by a mixture of one or more polyolefins base along with various components such as strengtheners, fillers, impact modifiers, additives, and pigment. These compounds offer many features and are used in a variety of applications.


    In 2020, Asia Pacific held the largest revenue share of the polypropylene compounds market. The Asia Pacific region provides significant growth opportunities for the polypropylene compounds market. China is a major contributor to the market in this region. There is increasing use of polypropylene compounds in the automotive sector. Moreover, the packaging industry in Asia Pacific is growing rapidly; it has become an important part of the manufacturing industry in the region. The growth of the Asia Pacific polypropylene compounds market is primarily attributed to the expansion of the construction, automotive, electrical, and electronics industries in countries such as China, India, and South Korea. Additionally, the players operating in the polypropylene compounds market in the region continue to expand their production capacities and develop of high-performance polypropylene compounds to be able to cater the market in a better way.



    Strategic Insights

    Impact of COVID-19 Pandemic on Polypropylene Compounds Market

    The COVID-19 pandemic has adversely affected the plastics industry, along with the related markets.The implementation of measures to combat the spread of SARS-CoV-2 has impacted the growth of several industrial sectors. Industries such as automotive and electronics have been impacted by the sudden disruptions in operational efficiencies and value chains due to the lockdown of national and international boundaries. However, economies are striving to revive their operations. The food packaging industry is generating significant demand for polypropylene compounds owing to the consumers’ inclination towards ordering food online. Moreover, the previously postponed construction projects are ready to resume, which would further provide an opportunities for the growth of the polypropylene compounds market players. The companies operating in the market are bouncing back due to the resolution of supply constraints. The elevating demand for polypropylene compounds in industries such as packaging, automotive, building and construction, electrical and electronics, is expected to drive the polypropylene compounds market growth in the coming years.

    Polypropylene Compounds Market Breakdown – by Region

    Polypropylene Compounds Market Breakdown – by Region

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    Market Insights

    Increasing Demand from Building and Construction, Textile, Electrical and Electronics, and Automotive Industries Fuels Polypropylene Compounds Market Growth

    The polypropylene compounds market is mainly driven by the increasing demand for these products from the building and construction, textiles, electrical and electronics, and automobile industries, among others. In the automotive industry, polypropylene is popularly being used as an alternative to engineering plastics and metals. High strength, rigidity, and purity make these compounds an ideal option in the manufacturing of piping systems. Applications of polypropylene in the building and construction industry include siding, air and moisture barrier membranes, carpet textiles, building insulation wrap films and sheets, industrial adhesives and tapes, and plastic parts.

    Material Insights

    Based on type, the polypropylene compounds market is segmented into mineral filled PP compounds, compounded TPO, compounded TPV, glass reinforced, and others. The mineral filled PP compounds segment held the largest share of the market in 2020. Calcium carbonate, talc, and mica, among others, added in mineral-filled PP compounds deliver a low-cost filler option in case of price sensitivity. The mineral filled compounds exhibit improved dimensional stability, stiffness, etc., compared unfilled resins. Mineral-filled polypropylene provides high mechanical stiffness, thermal stability, good low-temperature properties, and good dimensional stability over a wide temperature range

    Polypropylene Compounds Market, by Type– 2020 and 2028

    Polypropylene Compounds Market, by Type– 2020 and 2028

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    End User Insights

    Based on end user, the global polypropylene compounds market is divided into automotive, electricals and electronics, packaging, building and construction, textiles, and others. The automotive segment held the largest share of the polypropylene compounds market in 2020. Being a thermoplastic polymer, polypropylene compounds can easily be formed into nearly any shape. Furthermore, they are being used as an economic alternative to any expensive plastics of similar strength and durability, which further helps lower the cost of manufacturing.

    A few of the key market players in the global polypropylene compounds market include LyondellBasell Industries Holdings B.V.; Exxon Mobil Corporation; Sumitomo Chemical Co., Ltd; Borealis AG; Rialti S.p.A.; Trinseo; and Total. The market players are highly focused on developing innovative and high-quality products.

    Report Spotlights

    • Progressive trends in the polypropylene compounds industry to help companies develop effective long-term strategies
    • Business growth strategies adopted by the polypropylene compounds market players in developed and developing markets
    • Quantitative analysis of the market from 2019 to 2028
    • Estimation of global demand for polypropylene compounds
    • Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
    • Recent developments to understand the competitive market scenario
    • Trends, drivers, and restraints for the polypropylene compounds market, and market outlook
    • Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
    • The size of the polypropylene compounds market size at various nodes
    • Detailed overview and segmentation of the market, and the polypropylene compounds industry dynamics
    • Size of the polypropylene compounds market in various regions with promising growth opportunities

    Global Polypropylene Compounds Market

    By Type

    • Mineral Filled PP Compounds
    • Compounded TPO
    • Compounded TPV
    • Glass Reinforced
    • Others

    By End User

    • Automotive
    • Electricals and Electronics
    • Packaging
    • Building and Construction
    • Textiles
    • Others

    Company Profiles

    • LyondellBasell Industries Holdings B.V.
    • Exxon Mobil Corporation
    • Sumitomo Chemical Co., Ltd
    • Borealis AG
    • Rialti S.p.A.
    • Trinseo
    • SABIC
    • Total

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Scope of the Study

    3.2 Research Methodology

    3.2.1 Data Collection

    3.2.2 Primary Interviews

    3.2.3 Hypothesis Formulation

    3.2.4 Macro-economic Factor Analysis

    3.2.5 Developing Base Number

    3.2.6 Data Triangulation

    3.2.7 Country Level Data

    4. Global Polypropylene Compounds Market Landscape

    4.1 Market Overview

    4.2 Porter’s Five Forces Analysis

    4.3 Expert Opinion

    4.4 Ecosystem Analysis

    5. Polypropylene Compounds Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Increasing Demand from Industries such as Building and Construction, Textiles, Electrical and Electronics, and Automobile

    5.1.2 Wide Use of Mineral-Filled Polypropylene Compounds

    5.2 Market Restraints

    5.2.1 Volatility in Raw Material Prices and Negative Effect of COVID-19 Pandemic

    5.3 Market Opportunities

    5.3.1 Growing Scope of Applications in Packaging Industry

    5.4 Future Trends

    5.4.1 Development of Eco-Friendly Polypropylene Compounds

    5.5 Impact Analysis

    6. Polypropylene Compounds – Global Market Analysis

    6.1 Polypropylene Compounds Market Overview

    6.2 Polypropylene Compounds Market –Revenue and Forecast To 2028 (US$ Million)

    6.3 Competitive Positioning – Key Market Players

    7. Polypropylene Compounds Market Analysis – By Type

    7.1 Overview

    7.2 Polypropylene Compounds Market, By Type (2020 and 2028)

    7.3 Mineral Filled PP Compounds

    7.3.1 Overview

    7.3.2 Mineral Filled PP Compounds: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    7.4 Compounded TPO

    7.4.1 Overview

    7.4.2 Compounded TPO: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    7.5 Compounded TPV

    7.5.1 Overview

    7.5.2 Compounded TPV: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    7.6 Glass Reinforced

    7.6.1 Overview

    7.6.2 Glass Reinforced: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    7.7 Others

    7.7.1 Overview

    7.7.2 Others: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    8. Polypropylene Compounds Market Analysis – By End User

    8.1 Overview

    8.2 Polypropylene Compounds Market, By End User (2020 and 2028)

    8.3 Automotive

    8.3.1 Overview

    8.3.2 Automotive: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    8.4 Electricals and Electronics

    8.4.1 Overview

    8.4.2 Electricals and Electronics: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    8.5 Packaging

    8.5.1 Overview

    8.5.2 Packaging: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    8.6 Building and Construction

    8.6.1 Overview

    8.6.2 Building and Construction: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    8.7 Textiles

    8.7.1 Overview

    8.7.2 Textiles: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    8.8 Others

    8.8.1 Overview

    8.8.2 Others: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

    9. Polypropylene Compounds Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Polypropylene Compounds Market

    9.2.1 North America: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.2 North America: Polypropylene Compounds Market, by Type

    9.2.3 North America: Polypropylene Compounds Market, by End User

    9.2.4 North America: Polypropylene Compounds Market, by Key Country

    9.2.4.1 US: Polypropylene Compounds Market–Revenue and Forecast to 2028 (US$ Million)

    9.2.4.1.1 US: Polypropylene Compounds Market, by Type

    9.2.4.1.2 US: Polypropylene Compounds Market, by End User

    9.2.4.2 Canada: Polypropylene Compounds Market–Revenue and Forecast to 2028 (US$ Million)

    9.2.4.2.1 Canada: Polypropylene Compounds Market, by Type

    9.2.4.2.2 Canada: Polypropylene Compounds Market, by End User

    9.2.4.3 Mexico: Polypropylene Compounds Market–Revenue and Forecast to 2028 (US$ Million)

    9.2.4.3.1 Mexico: Polypropylene Compounds Market, by Type

    9.2.4.3.2 Mexico: Polypropylene Compounds Market, by End User

    9.1 Europe: Polypropylene Compounds Market

    9.1.1 Europe: Polypropylene Compounds Market –Revenue and Forecast to 2028(US$ Million)

    9.1.2 Europe: Polypropylene Compounds Market, Type

    9.1.3 Europe: Polypropylene Compounds Market, End-User

    9.1.4 Europe: Polypropylene Compounds Market, by Key Country

    9.1.4.1 Germany: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.1.4.1.1 Germany: Polypropylene Compounds Market, Type

    9.1.4.1.2 Germany: Polypropylene Compounds Market, End-User

    9.1.4.2 France: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.1.4.2.1 France: Polypropylene Compounds Market, Type

    9.1.4.2.2 France: Polypropylene Compounds Market, End-User

    9.1.4.3 Italy: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.1.4.3.1 Italy: Polypropylene Compounds Market, Type

    9.1.4.3.2 Italy: Polypropylene Compounds Market, End-User

    9.1.4.4 UK: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.1.4.4.1 UK: Polypropylene Compounds Market, Type

    9.1.4.4.2 UK: Polypropylene Compounds Market, End-User

    9.1.4.5 Russia: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.1.4.5.1 Russia: Polypropylene Compounds Market, Type

    9.1.4.5.2 Russia: Polypropylene Compounds Market, End-User

    9.1.4.6 Rest of Europe: Polypropylene compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.1.4.6.1 Rest of Europe: Polypropylene Compounds Market, Type

    9.1.4.6.2 Rest of Europe: Polypropylene Compounds Market, End-User

    9.2 Asia Pacific: Polypropylene Compounds Market

    9.2.1 Asia Pacific: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.2 Asia Pacific: Polypropylene Compounds Market, by Type

    9.2.3 Asia Pacific: Polypropylene Compounds Market, by End User

    9.2.4 Asia Pacific: Polypropylene Compounds Market, by Key Country

    9.2.4.1 Australia: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.4.1.1 Australia: Polypropylene Compounds Market, by Type

    9.2.4.1.2 Australia: Polypropylene Compounds Market, by End User

    9.2.4.2 China: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.4.2.1 China: Polypropylene Compounds Market, by Type

    9.2.4.2.2 China: Polypropylene Compounds Market, by End User

    9.2.4.3 India: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.4.3.1 India: Polypropylene Compounds Market, by Type

    9.2.4.3.2 India: Polypropylene Compounds Market, by End User

    9.2.4.4 Japan: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.4.4.1 Japan: Polypropylene Compounds Market, by Type

    9.2.4.4.2 Japan: Polypropylene Compounds Market, by End User

    9.2.4.5 South Korea: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.4.5.1 South Korea: Polypropylene Compounds Market, by Type

    9.2.4.5.2 South Korea: Polypropylene Compounds Market, by End User

    9.2.4.6 Rest of Asia Pacific: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.4.6.1 Rest of Asia Pacific: Polypropylene Compounds Market, by Type

    9.2.4.6.2 Rest of Asia Pacific: Polypropylene Compounds Market, by End User

    9.3 Middle East and Africa: Polypropylene Compounds Market

    9.3.2 Middle East and Africa: Polypropylene Compounds Market, by Type

    9.4 South and Central America: Polypropylene Compounds Market

    10. Industry Landscape

    10.1 Product Launch

    10.2 Product News

    10.3 Market Initiatives

    11. Company Profiles.

    11.1 LyondellBasell Industries Holdings B.V.

    11.1.1 Key Facts

    11.1.2 Business Description

    11.1.3 Products and Services

    11.1.4 Financial Overview

    11.1.5 SWOT Analysis

    11.1.6 Key Developments

    11.2 EXXON MOBIL CORPORATION

    11.2.1 Key Facts

    11.2.2 Business Description

    11.2.3 Products and Services

    11.2.4 Financial Overview

    11.2.5 SWOT Analysis

    11.2.6 Key Developments

    11.3 SABIC

    11.3.1 Key Facts

    11.3.2 Business Description

    11.3.3 Products and Services

    11.3.4 Financial Overview

    11.3.5 SWOT Analysis

    11.3.6 Key Developments

    11.4 Sumitomo Chemical Co., Ltd.

    11.4.1 Key Facts

    11.4.2 Business Description

    11.4.3 Products and Services

    11.4.4 Financial Overview

    11.4.5 SWOT Analysis

    11.4.6 Key Developments

    11.5 Borealis AG

    11.5.1 Key Facts

    11.5.2 Business Description

    11.5.3 Products and Services

    11.5.4 Financial Overview

    11.5.5 SWOT Analysis

    11.5.6 Key Developments

    11.6 Total

    11.6.1 Key Facts

    11.6.2 Business Description

    11.6.3 Products and Services

    11.6.4 Financial Overview

    11.6.5 SWOT Analysis

    11.6.6 Key Developments

    11.7 Trinseo

    11.7.1 Key Facts

    11.7.2 Business Description

    11.7.3 Products and Services

    11.7.4 Financial Overview

    11.7.5 SWOT Analysis

    11.7.6 Key Developments

    11.8 Rialti S.p.A.

    11.8.1 Key Facts

    11.8.2 Business Description

    11.8.3 Products and Services

    11.8.4 Financial Overview

    11.8.5 SWOT Analysis

    11.8.6 Key Developments

    12. Appendix

    12.1 About The Insight Partners

    12.2 Glossary


    LIST OF TABLES

    Table 1. Polypropylene Compounds Market –Revenue and Forecast To 2028 (US$ Million)

    Table 2. Global Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 3. Global Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (US$ Million)

    Table 4. North America Polypropylene Compounds Market, by Type– Revenue and Forecast to 2028 (USD Million)

    Table 5. North America Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 6. US Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

    Table 7. US Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 8. Canada: Polypropylene Compounds Market, by Type– Revenue and Forecast to 2028 (USD Million)

    Table 9. Canada Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 10. Mexico Polypropylene Compounds Market, by Type– Revenue and Forecast to 2028 (USD Million)

    Table 11. Mexico Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 12. Europe Polypropylene Compounds Market, Type – Revenue and Forecast to 2028 (USD Million)

    Table 13. Europe Polypropylene compounds Market, End-User – Revenue and Forecast to 2028 (USD Million)

    Table 14. Germany Polypropylene Compounds Market, Type- Revenue and Forecast to 2028 (USD Million)

    Table 15. Germany Polypropylene Compounds Market, End-User– Revenue and Forecast to 2028 (USD Million)

    Table 16. France Polypropylene Compounds Market, Type– Revenue and Forecast to 2028 (USD Million)

    Table 17. France Polypropylene Compounds Market, End-User– Revenue and Forecast to 2028 (USD Million)

    Table 18. Italy Polypropylene Compounds Market, Type– Revenue and Forecast to 2028 (USD Million)

    Table 19. Italy Polypropylene Compounds Market, End-User– Revenue and Forecast to 2028 (USD Million)

    Table 20. UK Polypropylene Compounds Market, Type– Revenue and Forecast to 2028 (USD Million)

    Table 21. UK Polypropylene Compounds Market, End-User– Revenue and Forecast to 2028 (USD Million)

    Table 22. Russia Polypropylene Compounds Market, Type– Revenue and Forecast to 2028 (USD Million)

    Table 23. Russia Polypropylene Compounds Market, End-User– Revenue and Forecast to 2028 (USD Million)

    Table 24. Rest of Europe Polypropylene Compounds Market, Type– Revenue and Forecast to 2028 (USD Million)

    Table 25. Rest of Europe Polypropylene Compounds Market, End-User– Revenue and Forecast to 2028 (USD Million)

    Table 26. Asia Pacific Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

    Table 27. Asia Pacific Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 28. Australia Polypropylene Compounds Market, by Type– Revenue and Forecast to 2028 (USD Million)

    Table 29. Australia Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 30. China Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

    Table 31. China Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 32. India Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

    Table 33. India Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 34. Japan Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

    Table 35. Japan Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 36. South Korea Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

    Table 37. South Korea Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 38. Rest of Asia Pacific Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

    Table 39. Rest of Asia Pacific Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

    Table 58. Glossary of Terms, Global Polypropylene Compounds Market


    LIST OF FIGURES

    Figure 1. Global Polypropylene Compounds Market Segmentation

    Figure 2. Polypropylene Compounds Market Segmentation – By Geography

    Figure 3. Global Polypropylene Compounds Market Overview

    Figure 4. Mineral Filled PP Compounds Segment Held Largest Share of Global Polypropylene Compounds Market

    Figure 5. Asia Pacific Region Held Largest Share of Global Polypropylene Compounds Market

    Figure 6. Global Polypropylene Compounds Market, Industry Landscape

    Figure 7. Porter’s Five Forces Analysis

    Figure 8. Expert Opinion

    Figure 9. Ecosystem: Polypropylene Compounds Market

    Figure 10. Global Polypropylene Compounds Market Impact Analysis of Drivers and Restraints

    Figure 11. Geographic Overview of Polypropylene Compounds Market

    Figure 12. Global: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 13. Polypropylene Compounds Market Revenue Share, By Type (2020 and 2028)

    Figure 14. Mineral Filled PP Compounds: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 15. Compounded TPO : Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 16. Compounded TPV: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 17. Glass Reinforced: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 18. Others: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 19. Polypropylene Compounds Market Revenue Share, By End User (2020 and 2028)

    Figure 20. Automotive: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 21. Electricals and Electronics: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 22. Packaging: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 23. Building and Construction: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 24. Textiles: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 25. Others: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 26. Global Polypropylene Compounds Market Revenue Share, by Region (2020 and 2028)

    Figure 27. North America: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 28. North America: Polypropylene Compounds Market Revenue Share, by Type(2020 and 2028)

    Figure 29. North America: Polypropylene Compounds Market Revenue Share, by End User (2020 and 2028)

    Figure 30. North America: Polypropylene Compounds Market Revenue Share, by Key Country (2020 and 2028)

    Figure 31. US: Polypropylene Compounds Market–Revenue and Forecast to 2028 (US$ Million)

    Figure 32. Canada: Polypropylene Compounds Market–Revenue and Forecast to 2028 (US$ Million)

    Figure 33. Mexico: Polypropylene Compounds Market–Revenue and Forecast to 2028 (US$ Million)

    Figure 34. Europe: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 35. Europe: Polypropylene Compounds Market Revenue Share, by Key Country (2020 and 2028)

    Figure 36. Germany: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 37. France: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 38. Italy: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 39. UK: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 40. Russia: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 41. Rest of Europe: Polypropylene compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 42. Asia Pacific: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 43. Asia Pacific: Polypropylene Compounds Market Revenue Share, by Type (2020 and 2028)

    Figure 44. Asia Pacific: Polypropylene Compounds Market Revenue Share, by End User (2020 and 2028)

    Figure 45. Asia Pacific: Polypropylene Compounds Market Revenue Share, by Key Country (2020 and 2028)

    Figure 46. Australia: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 47. China: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 48. India: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 49. Japan: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 50. South Korea: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 51. Rest of Asia Pacific: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 67. Impact of COVID-19 Pandemic in South and Central America

    The List of Companies - Polypropylene Compounds Market

    1. LyondellBasell Industries Holdings B.V.
    2. Exxon Mobil Corporation
    3. Sumitomo Chemical Co., Ltd
    4. Borealis AG
    5. Rialti S.p.A.
    6. Trinseo
    7. SABIC
    8. Total
    • Highlights key business priorities to assist companies realign their business strategies.
    • Features key findings and crucial progressive industry trends in the global polypropylene compounds market, thereby allowing players to develop effective long-term strategies.
    • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
    • Scrutinizes in-depth market trends as well as key market drivers and restraints.
    • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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    Frequently Asked Questions

    The major players operating in the global polypropylene compounds market are are LyondellBasell Industries Holdings B.V.; Exxon Mobil Corporation; SABIC; Sumitomo Chemical Co., Ltd.; Borealis AG; Total; Trinseo; and Rialti S.p.A among many others.
    Polypropylene compounds are basically thermoplastic resins that are produced by a mixture of one or more polyolefin base along with various components such as strengtheners, fillers, impact modifiers, additives, and pigments. Based, on type, the polypropylene compounds market is segmented into mineral filled PP compounds, compounded TPO, compounded TPV, glass reinforced, and others. Based on end-user, automotive, electrical and electronics, packaging, building and construction, textiles, and others.
    Glass-reinforced polypropylene is copolymer polypropylene with 20% glass filled. This polypropylene compound has improved dimensional stability, rigidity, warpage resistance, and strength. It can be applied in automotive interior, center consoles, load floors, door modules, and instrument panels. They are also used in underhood automotive applications and is expected to witness considerable growth over the forecast period, owing to the demand from the automotive sector.
    Automotive segment accounted for the largest share of the polypropylene compounds market in 2020. Polypropylene compounds is widely used as they can easily be molded into any desired shape. It is also being used as an economical alternative to any expensive plastics of similar strength and durability, which further helps lower the cost of manufacturing.
    Asia Pacific region accounted for a significant share of the global polypropylene compounds market in 2020. The market is projected to witness remarkable growth in the near future due to the demand from the automotive manufacturing sector in the region. Moreover, the players operating in the Asia Pacific polypropylene compounds market focuses on expanding production capacities, and research and development of high-performance polypropylene compounds to address rapidly growing needs demand in the region.
    Mineral filled PP compounds are one of the widely used types of polypropylene compounds. The mineral filled compounds deliver improvements over unfilled resins, in terms of dimensional stability, stiffness, and others. Mineral-filled polypropylene provides high mechanical stiffness, thermal stability, good low-temperature properties, and good dimensional stability over a wide temperature range. Mineral filled compounds may also be used in high volume, low-cost applications, including appliances, automotive, and packaging.

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