PUBLISHER: Lucintel | PRODUCT CODE: 1079295
PUBLISHER: Lucintel | PRODUCT CODE: 1079295
PP Compound Market Trends and Forecast
The future of the global polypropylene compound market looks promising with opportunities in automotive, appliances, consumer electronics, packaging, and industrial end uses. The global PP compound market is expected to reach an estimated $19.0 billion by 2027 with a CAGR of 5.9% from 2021 to 2027. The major drivers for the market are increasing automotive production and growing demand for consumer electronics and appliances in countries China, the United States, and Hong Kong.
Emerging Trends in the PP Compound Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes development of eco-friendly PP compound and development of long glass fiber PP compound.
A total of 134 figures / charts and 109 tables are provided in this 228-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the PP compound market report.
PP Compound Market by Segment
PP Compound Market by End Use [Value ($M) and Volume (KT) shipment analysis for 2016 - 2027]:
PP Compound Market by Filler Type [Value ($M) and Volume (KT) shipment analysis for 2016 - 2027]:
PP Compound Market by Polymer Type [Value ($M) and Volume (KT) shipment analysis for 2016 - 2027]:
PP Compound Market by Region [Value ($M) and Volume (KT) shipment analysis for 2016 - 2027]:
List of PP Compound Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies PP compound companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the PP compound companies profiled in this report includes.
PP Compound Market Insight
Features of PP Compound Market
FAQ
Q1. What is the PP compound market size?
Answer: The global PP compound market is expected to reach an estimated $19.0 billion by 2027
Q2. What is the growth forecast for PP compound market?
Answer: The PP compound market is expected to grow at a CAGR of 5.9% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the PP compound market?
Answer: The major drivers for the market are increasing automotive production and growing demand for consumer electronics and appliances in countries China, the United States, and Hong Kong.
Q4. What are the major applications or end use industries for PP compound?
Answer: Automotive and appliances are the major end uses for PP compound.
Q5. What are the emerging trends in PP compound market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes development of eco-friendly PP compound and development of long glass fiber PP compound.
Q6. Who are the key PP compound companies?
Answer: Some of the key PP compound companies are as follows:
Q7. Which PP compound product segment will be the largest in future?
Answer: Lucintel forecasts that impact copolymer will remain the largest polymer segment and it is expected to witness the highest growth over the forecast period because it offers tougher material and excellent impact strength at high as well as low temperature.
Q8. In PP compound market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.