Polypropylene Compounds Market: By Product Type (Mineral Filled PP, Compounded TPO, Compounded TPV, Glass Reinforced, Others), By End User Type (Automotive, Building & Construction, Electrical & Electronics, Textiles, Others), and Geography    

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Polypropylene Compounds Market size was valued at USD 17.58 billion in 2022 and is poised to grow at a CAGR of 7.7% from 2023 to 2029. worldwide polypropylene compound market is predicted to grow at a rapid pace. The consumer electronics, automotive, industrial, and packaging industries are all seeing increased prospects. Various light-weight vehicle applications are expected to emerge in the polypropylene compound market. Polypropylene belongs to the polyolefins family. It is partly crystalline and non-polar. Its natural properties are similar to those of polyethylene, however it has a higher toughness and heat resistance. Polypropylene is a white plastic. It is commonly utilised in industries because it is chemically resistant and mechanically tough. Growing automotive additives and electronics industries across the globe is expected to create a demand for polypropylene in the near future. Moreover, growing sentience concerning about the sustainability of natural resources, particularly in regions such as North America and Europe is anticipated to drive the polypropylene market. Increasing demand from developing markets, particularly China owing to the development of construction, automotive and building industry is up surging the industry growth. However, high cost of raw materials hinder the market growth. Key players in global polypropylene compounds market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, in 2017, LyondellBasell started a new 20 kiloton per year polypropylene compounding plant in Dalian, China. Through this expansion, the company aimed to serve the demand from China growing automotive market.

Global Polypropylene Compounds Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.7%

Largest Market

Asia-Pacific

Fastest Growing Market

Europe
Polypropylene Compounds Market Dynamics

Polypropylene compounds are found in various kinds of products such as mineral filled PP, compounded TPO, Compounded TPV, and glass reinforced, others. Mineral filled PP compound product is the leading segment of PP compounds. Minerals are amalgamated in polypropylene compounds in order to produce higher rigidity, and heat distortion. Majorly used mineral in PP compound includes silica, calcium, talc, glass beads, mica. Due to the property exhibited by mineral filled PP they possess a wide range of application in various end users, such as automotive and electrical and electronics.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Polypropylene Compounds Market Segmentation

By Product Type
  • Mineral Filled PP
  • Compounded TPO
  • Compounded TPV
  • Glass Reinforced
  • Others
By End User
  • Automotive
  • Building & Construction
  • Electrical & Electronics
  • Textiles
  • Others
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

2023 is the base year and 2029 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Table of Content

  1. Executive Summary
  2. Global Polypropylene Compound Market Introduction
    • Global Polypropylene Compound Market Taxonomy
    • Global Polypropylene Compound Market Definitions
      • Product Type
      • End User
  1. Global Polypropylene Compound Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Polypropylene Compound Market Dynamic Factors - Impact Analysis
    • Global Polypropylene Compound Market Competition Landscape
  2. Global Polypropylene Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Polypropylene Compound Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Mineral Filled PP
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Compounded TPO
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Compounded TPV
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Glass Reinforced
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Polypropylene Compound Market, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Automotive
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Building & Construction
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electronics & Electricals
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Textile
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Polypropylene Compound Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Polypropylene Compound Market - Opportunity Analysis Index, By Product Type, End User and Region, 2023 - 2029
  2. North America Polypropylene Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Filled PP
      • Compounded TPO
      • Compounded TPV
      • Glass Reinforced
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automotive
      • Building & Construction
      • Electrical & Electronics
      • Textiles
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Polypropylene Compound Market - Opportunity Analysis Index, By Product Type, End User and Country, 2023 - 2029
    • North America Polypropylene Compound Market Dynamics Trends
  3. Europe Polypropylene Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Filled PP
      • Compounded TPO
      • Compounded TPV
      • Glass Reinforced
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automotive
      • Building & Construction
      • Electrical & Electronics
      • Textiles
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Polypropylene Compound Market - Opportunity Analysis Index, By Product Type, End User and Country, 2023 - 2029
    • Europe Polypropylene Compound Market Dynamics Trends
  4. Asia-Pacific Polypropylene Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Filled PP
      • Compounded TPO
      • Compounded TPV
      • Glass Reinforced
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automotive
      • Building & Construction
      • Electrical & Electronics
      • Textiles
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Rest of Asia-Pacific
    • Asia-Pacific Polypropylene Compound Market - Opportunity Analysis Index, By Product Type, End User and Country, 2023 - 2029
    • Asia-Pacific Polypropylene Compound Market Dynamics Trends
  5. Latin America Polypropylene Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Filled PP
      • Compounded TPO
      • Compounded TPV
      • Glass Reinforced
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automotive
      • Building & Construction
      • Electrical & Electronics
      • Textiles
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Rest of Latin America
    • Latin America Polypropylene Compound Market - Opportunity Analysis Index, By Product Type, End User and Country, 2023 - 2029
    • Latin America Polypropylene Compound Market Dynamics Trends
  6. Middle East and Africa Polypropylene Compound Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Mineral Filled PP
      • Compounded TPO
      • Compounded TPV
      • Glass Reinforced
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automotive
      • Building & Construction
      • Electrical & Electronics
      • Textiles
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • South Africa
      • Gulf Cooperation Council (GCC) Countries
      • Rest of MEA
    • MEA Polypropylene Compound Market - Opportunity Analysis Index, By Product Type, End User and Country, 2023 - 2029
    • MEA Polypropylene Compound Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • LyondellBasell
      • ExxonMobil
      • Schulman
      • PolyOne Corporation
      • Advanced Composites
      • Washington Penn Plastics Co., Ltd
      • Solvay
      • RheTech Inc
      • Sumitomo Chemicals
      • Trinseo
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • LyondellBasell
  • ExxonMobil
  • Schulman
  • PolyOne Corporation
  • Advanced Composites
  • Washington Penn Plastics Co., Ltd
  • Solvay
  • RheTech Inc
  • Sumitomo Chemicals
  • Trinseo

Adjacent Markets