Key players in the Europe Polypropylene (PP) Market include Arkema S. A. (France) and Borealis AG (Austria) among others.
(PRWEB) January 15, 2015
Polypropylene is one of the most versatile thermoplastic polymers. The melt flow rate or melt flow index is considered as the measure of the molecular weight of polypropylene. This flow rate helps in determining how easily the molecules flow during processing.
Polypropylene is processed into film for packaging and is also used to produce carpet yarns. Moreover, it is used for injection molded articles, such as auto parts, appliances, furniture and house wares.
Browse through the TOC of Europe Polypropylene (PP) Market for an analysis of industry trends and segments, with the help of various tables and figures.
The polypropylene market in Europe is growing at a rapid pace, as it is one of the most chosen materials for the production of films. It is also specifically used in packaging of convenience products, carton-sealing tapes, specialty healthcare items, and technical parts (sewage/drain pipes, car bumpers, dashboards, and electric cables).
The European polypropylene market was valued at $17,742.8 million in 2013 and it is projected to reach $25,484.2 million in 2018, at a CAGR of 6.3%. Germany has dominated the European polypropylene market with a market share of 17%, which is anticipated to grow at the highest CAGR of 7.7%, followed by Italy and France. As the polypropylene market has reached its maturity phase, the market growth is expected to progress at a lower rate in the future, as compared to the previous years.
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The report describes the polypropylene market segmentation on the basis of geography, application, product and type. The geographic segmentation includes countries, such as Belgium, France, Germany, and Italy. According to application, this market gets classified into film and sheet, injection molding and fibers and tapes. Injection and molding is the largest consumer of polypropylene that is projected to witness an exponential growth in the coming years, in comparison with its counter-parts.
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The market research report provides detailed analysis of drivers, restrains and opportunities of the polypropylene market in Europe. Top market players, along with their recent developments and strategies are discussed in this report in a comprehensive manner.
North America Polypropylene (PP):
The Polypropylene (PP) market of North America contributes 15.9% to the global market with a market value of $13.5 billion in the year 2013, growing at a CAGR of 8.9% and is projected to reach $20.6 billion by the end of the year 2018. The market is fragmented with respect to the application and geography. Insights for each segment is provided in this report.
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