Polypropylene Resins Business to Reach New Heights Citing Global Demands.

The report " Polypropylene (PP) Resin Market:By Grade (Homopolymer, High crystalline, Copolymer), By Application (Packaging, Transportation, Electrical & Electronics, Material handling, Furniture, Medical, Laboratory and others) & By Geography - Trends and Forecast to 2020", defines and segments the Polypropylene Resins Market with analysis and forecasting of the global revenues for Polypropylene Resins Market. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, winning imperatives, and challenges.

Browse Market Data Tables, Figures spread through 162 pages and in-depth TOC on “Polypropylene (PP) Resin Market:By Grade (Homopolymer, High crystalline, Copolymer), By Application (Packaging, Transportation, Electrical & Electronics, Material handling, Furniture, Medical, Laboratory and others) & By Geography - Trends and Forecast to 2020”.

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The Plastic and Polymer Industrial Sector includes the Polypropylene Resins Market which is one of the most important and growing markets. A wide array of industries uses the Polypropylene Resins and each industry requires thermoplastics with enhanced high performance attributes.

The Global Polypropylene Resins Market is growing at a high pace and is projected to reach a notable CAGR rate during the forecast period of 2014-2020. China is the largest consumer of Polypropylene accounting around 25% share in the Global Polypropylene Consumption. The U.S. is following China in the record. Increasing usage of Polypropylene to substitute materials such as paper, metal, glass and wood is highly driving the demand in APAC countries. Clearly, this will drive the Global Polypropylene Market in the future years. However, the volatility in the prices of raw materials needed to produce polypropylene resins poses a challenge to the growth of the market.

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In the Medical Industry, the usage of Polypropylene Resins is primarily for Consumables and Disposable Items. It is estimated that in 2015, the global resin market would be dominated by polyvinyl chloride (PVC) resins which occupy about 35% of the global resins market catering for disposable medical supplies. Polypropylene resins follow PVC resins with 28% estimated market share in 2015.

REPORT SCOPE:

The report contains different market aspects explored with particular focus on key market drivers, challenges, constraints and market landscape. The Global Polypropylene Resin Market has been thoroughly analyzed and carefully segmented by geographic locations based on major economic and topographical regions. The report details current market potential and future market growth in this industry. The report overall contains the most detailed, in depth segmentation and analysis of the Polypropylene Resin Market during the forecast period 2015-2020.

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Market Segmentation:

The Polypropylene Resin Market is broadly segmented into three types depending on various factors:

1.     By Grade: Homopolymer, High Crystalline, Block Copolymer and Random Copolymer.

2.       By Application: Rigid Packaging, Flexible Packaging, Transportation and Others.

3.       By Geography: Americas, Europe, APAC and ROW.

Key Players:

·         HMC Polymers Co., Ltd.

·         The Dow Chemical Company

·         LyondellBasell Industries

·         BASF SE

·         E.I. du Pont de Nemours

·         Dynachem Co. Ltd.

·         Chevron Phillips Chemical Company, LLC

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