Polypropylene Compounds Market Size, analysis and Forecast 2028
[Research Report] 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.
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Polypropylene Compounds Market: Strategic Insights
Market Size Value in US$ 17,977.40 million in 2021 Market Size Value by US$ 25,864.00 million by 2028 Growth rate CAGR of 5.3% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Polypropylene Compounds Market: Strategic Insights
| Market Size Value in | US$ 17,977.40 million in 2021 |
| Market Size Value by | US$ 25,864.00 million by 2028 |
| Growth rate | CAGR of 5.3% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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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.
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
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.
Polypropylene Compounds Market Report Scope
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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, India, Japan, Mexico, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United States
Frequently Asked Questions
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.
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.
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.
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.
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.
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
- LyondellBasell Industries Holdings B.V.
- Exxon Mobil Corporation
- Sumitomo Chemical Co., Ltd
- Borealis AG
- Rialti S.p.A.
- Trinseo
- SABIC
- Total
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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