The growing demand for polypropylene in the 3D printing industry and the increased installation of propane dehydrogenation will boost market growth.

Reports and Data’s latest industry analysis report titled ‘Global Cast Polypropylene Packaging Films Market’ provides the reader with an exhaustive overview of the Polypropylene industry. The report is inclusive of a concise market summary and contains market projections based on the present market situation, current market size, and revenue growth rate. The report elaborates on the key market dynamics including market growth drivers, opportunities, threats, and challenges. In this report, market analysts at Reports and Data have emphasized the ever-changing market growth patterns and the dynamic environment of the industry. Key attractions of the report include List of Tables and Figures, Research Methodology, Competitive Landscape, Regional Analysis, Technological Breakthroughs, and Future Market Developments.

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Further key findings from the report suggest

  • Polypropylene is one of the fastest-growing polymers. This growth is mostly attributed to polypropylene’s ability to displace conventional materials such as wood, glass, and metal at a lower cost. The material offers excellent chemical resistance and weldability, which makes it ideal for the automotive industry, consumer goods, and packaging applications. 
  • The demand for PP resins for moulding is projected to grow significantly in the coming years. PP exhibits specific properties, such as chemical resistance, low density, outstanding property balance, and versatility, which makes it apt for a wide range of applications. 
  • Polypropylene is majorly used for food packaging. It is widely used for sweet and snack wrappers, hinged caps, and microwave containers. Furthermore, since PP containers do not leach chemicals, they are considered safe for packaging applications. 
  • Increasing adoption of Biaxially Oriented Polypropylene (BOPP) films in food packaging is also a significant trend observed in the market. Benefits associated with BOPP films, including low moisture transmission rate, excellent slip, and optical properties, high tensile strength, and low thermal shrinkage, have driven their demand for food packaging applications. 
  • The automotive segment is expected to have lucrative growth during the forecast period due to the increased production of automobiles. Polypropylene is widely used in automotive parts due to its low cost, outstanding mechanical properties, and moldability. Main application areas include battery cases and trays, bumpers, fender liners, interior trim, instrumental panels, and door trims.
  • Key participants include BASF SE, China National Chemical Corporation (CHEMCHINA), Dow Chemical Company, ENI S.P.A., Exxon Mobil Corporation, Braskem, INEOS Group Holdings S.A., LyondellBasell Industries N.V., Saudi Basic Industries Corporation, SINOPEC, and TOTAL Specialties USA, Inc. 
  • In May 2020, LyondellBasell unveiled that Advanced Global Investment Company (AGIC) has selected the Spheripol technology: the company’s leading polypropylene technology for a new world-scale facility.
  • In May 2020, CNOOC and Shell collaborated to expand their petrochemical complex in Huizhou, Guangdong province in China. The companies will focus on the production of ethylene glycol, polyethylene, polypropylene, and propylene oxide through the partnership.

 Regional Outlook

The key regions covered in the report are as follows:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Market Segmentation:

Extraction Type Outlook (Revenue, USD Million; Volume, Kilo Tons; 2019-2030)

  • Homopolymer
  • Copolymer

Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2019-2030)

  • Moulding
    • Injection Moulding
    • Blow Moulding
  • Fiber & Raffia
  • Films & Sheets
  • Bags & Sacks
  • Containers
  • Others

End Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons; 2019-2030)

  • Packaging
    • Flexible Packaging
    • Rigid Packaging
  • 3D Printing
  • Automotive & Transportation
  • Building & Construction
  • Electrical & Electronics
  • Healthcare
  • Others

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Table of Contents:

Report Overview

1.1 Research Scope

1.2 Key Cast Polypropylene Packaging Films Market segments

1.3 Major players

1.4 Market analysis by product type

1.5 Market analysis by application

1.6 Report timeline

Global Growth Trends

2.1 Global Cast Polypropylene Packaging Films Market size

2.2 Latest regional market trends

2.3 Emerging growth trends

Competitive Outlook

3.1 Global Cast Polypropylene Packaging Films Market key players

3.2 Global Polypropylene size by manufacturers

3.3 Products of major players

3.4 Entry barriers in the Cast Polypropylene Packaging Films Market

3.5 Mergers, acquisitions, joint ventures, and other strategic alliances

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