London, UK (PRWEB) December 26, 2014
The global polypropylene (PP) market is predicted to grow in the next 4 years, posting an annual growth rate of 4–4.5%. The APAC and Middle East and African regions are expected to be the major regional PP markets.
The APAC region dominates the global PP market in terms of consumption, primarily owing to the rising consumption in the key end-use sectors in the region. China currently leads the world PP market in terms of PP imports volumes. Meantime, the European PP demand is anticipated to record positive YoY growth in the offing, mainly due to the increasing PP usage instead of such conventional materials as metal and glass.
In 2013, the packaging industry was the major PP application sphere, accounting for 32% of the total PP consumption.
New PP production capacities are scheduled to be installed in the APAC region and across the CIS countries. Besides, some of PP facilities in the Middle East, which are under reconstruction, are set to be re-launched in the upcoming years.
LyondellBasell, Braskem, Japan Polypropylene Corporation, BASF AG, SABIC, Sinopec, Total Refining and Chemicals Business, INEOS Olefins and Polymers Europe, Reliance Industries Limited, Borealis AG and ExxonMobil Chemical are among the leading PP market players.
Topical research study “Polypropylene (PP): 2014 World Market Outlook and Forecast up to 2018” elaborated by Merchant Research & Consulting Ltd is now available at mcgroup.co.uk.
Title: Polypropylene (PP): 2014 World Market Outlook and Forecast up to 2018
Published: October, 2014
Price: US$ 4,500.00
The in-demand report thoroughly investigates the polypropylene market landscape and unveils important details on its performance globally, by key regions and countries. It includes an all-round product profile, provides information onPP's properties, production process and applications. Moreover, the comprehensive study discloses statistics (historical and present) on the global PP capacity, production, consumption, prices and foreign trade. Important data on the dominant PP producers is also available in the report, including the details on the companies' business segmentation, manufacturing technologies, specifications and plants. Besides, the report reviews the PP downstream markets and enlists the main consumers. Future prospects of the worldwide PP market through 2018 are highlighted in the study as well.
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More topical reports by the publisher can be found at Merchant Research & Consulting page.