PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449393
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449393
Southeast Asia Modified Polypropylene Market Share, Size, Trends, Industry Analysis Report, By Modification Type (Impact Modification, Flame Retardant, UV Stabilization, Others); By Product Type; By Application; By Region; Segment Forecast, 2024-2032
The southeast asia modified polypropylene market size is expected to reach USD 3.19 billion by 2032, according to a new study by Polaris Market Research. The report "Southeast Asia Modified Polypropylene Market Share, Size, Trends, Industry Analysis Report, By Modification Type (Impact Modification, Flame Retardant, UV Stabilization, Others); By Product Type; By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth of the modified polypropylene market is attributable to the growing utility of its multiple applications, driven by the enhanced properties of the modification. The growing expansion of automotive, construction, packaging, and other industries in Southeast Asia, primarily Singapore and Malaysia, is driving the demand for modified propylene in the marketplace.
In addition, the growing research and development activities in the marketplace on modified propylene are likely to create new opportunities in Southeast Asia. For instance, a 2023 study published in MDPI focused on exploring the mechanical and thermochemical properties of modified propylene and pure propylene. The results of the study suggested that modified propylene has improved adhesion properties to the cement matrix in the construction sector.
Researchers are showing profound interest in finding the potential applications of modified propylene, which is likely to expose new utilities, significantly driving its growth in Southeast Asia. For instance, a January 2023 study published in Frontiers explored the recent developments in propylene in electrical engineering.
Furthermore, the significant rise in comparative studies is exposing the potential benefits of modified propylene. A study published in September 2023 focused on synthesizing fluorescent polypropylene and found that modified propylene witnessed enhanced thermo-oxidative and thermal stability compared to pure propylene.
The growing collaborative production activities in the global market by the major companies are likely to positively drive the Southeast Asian modified propylene market. For instance, in September 2023, Lummus Technology & Citroniq Chemicals signed engineering and licensing agreements to produce green polypropylene plants in the United States with the capability to produce 400 kta of bio-polypropylene, which is likely to be completed by 2027.
Moreover, the rising importance of environmental sustainability in the global space, including Southeast Asia, is optimally influencing modified propylene utility. A 2023 study published in Nature Journal focused on finding the effectiveness of using polypropylene and waste abrasive blasting grit into hot asphalt mixtures for road construction and found effective bonding and improved performance in the mixture. The ongoing circular economy measures are anticipated to boost adoption in the coming years.
Southeast Asia Modified Polypropylene Market Report Highlights
UV stabilization segment will grow faster, driven by its capacity to protect from extreme weather conditions.
Homopolymer segment dominated the market, due to its chemical and corrosion-resistant properties.
Singapore is projected to register the fastest growth during the forecast period, attributable to the rising production of electronics and automobiles.
The players include Dow Thailand Group, G.E. Plastics Company Limited, HMC Polymers, Naga Semut, & Polyplastics Asia Pacific Sdn Bhd.
Polaris Market Research has segmented the Southeast Asia modified polypropylene market report based on modification type, product type, application, and region:
Southeast Asia Modified Polypropylene, Modification Type Outlook (Volume - Kilo Tons, Revenue - USD Billion, 2019 - 2032)
- Impact Modification
- Flame Retardant
- UV Stabilization
- Others
Southeast Asia Modified Polypropylene, Product Type Outlook (Volume - Kilo Tons, Revenue - USD Billion, 2019 - 2032)
- Homopolymer
- Copolymer
Southeast Asia Modified Polypropylene, Application Outlook (Volume - Kilo Tons, Revenue - USD Billion, 2019 - 2032)
- Automotive
- Building & Construction
- Packaging
- Medical
- Electrical & Electronics
- Others
Southeast Asia Modified Polypropylene, Regional Outlook (Volume - Kilo Tons, Revenue - USD Billion, 2019 - 2032)
- Southeast Asia
- Indonesia
- Singapore
- Malaysia
- Philippines
- Thailand
- Vietnam
Table of Contents
1.Introduction
- 1.1.Report Description
- 1.1.1.Objectives of the Study
- 1.1.2.Market Scope
- 1.1.3.Assumptions
- 1.2.Stakeholders
2.Executive Summary
- 2.1.Market Highlights
3.Research Methodology
- 3.1.Overview
- 3.1.1.Data Mining
- 3.2.Data Sources
- 3.2.1.Primary Sources
- 3.2.2.Secondary Sources
4.Southeast Asia Modified Polypropylene Market Insights
- 4.1.Southeast Asia Modified Polypropylene Market - Industry Snapshot
- 4.2.Southeast Asia Modified Polypropylene Market Dynamics
- 4.2.1.Drivers and Opportunities
- 4.2.1.1.Rising regularity challenges in the marketplace
- 4.2.1.2.Increased demand for modified polypropylene in electronics manufacturing
- 4.2.2.Restraints and Challenges
- 4.2.2.1.The higher rate of input costs is expected to impede market growth
- 4.2.1.Drivers and Opportunities
- 4.3.Porter's Five Forces Analysis
- 4.3.1.Bargaining Power of Suppliers (Moderate)
- 4.3.2.Threats of New Entrants: (Low)
- 4.3.3.Bargaining Power of Buyers (Moderate)
- 4.3.4.Threat of Substitute (Moderate)
- 4.3.5.Rivalry among existing firms (High)
- 4.4.PESTLE Analysis
- 4.5.Southeast Asia Modified Polypropylene Industry trends
- 4.6.Value Chain Analysis
- 4.7.COVID-19 Impact Analysis
5.Southeast Asia Modified Polypropylene Market, by Modification Type
- 5.1.Key Findings
- 5.2.Introduction
- 5.2.1.Southeast Asia Modified Polypropylene, by Modification Type, 2018-2030 (USD Billion)
- 5.3.Impact Modification
- 5.3.1.Southeast Asia Modified Polypropylene Market, by Impact Modification, 2018-2030 (USD Billion)
- 5.4.Flame Retardant
- 5.4.1.Southeast Asia Modified Polypropylene Market, by Flame Retardant, 2018-2030 (USD Billion)
- 5.5.UV Stabilization
- 5.5.1.Southeast Asia Modified Polypropylene Market, by UV Stabilization, 2018-2030 (USD Billion)
- 5.6.Others
- 5.6.1.Southeast Asia Modified Polypropylene Market, by Others, 2018-2030 (USD Billion)
6.Southeast Asia Modified Polypropylene Market, by Application
- 6.1.Key Findings
- 6.2.Introduction
- 6.2.1.Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 6.3.Automotive
- 6.3.1.Southeast Asia Modified Polypropylene Market, by Automotive, 2018-2030 (USD Billion)
- 6.4.Building & Construction
- 6.4.1.Southeast Asia Modified Polypropylene Market, by Building & Construction, 2018-2030 (USD Billion)
- 6.5.Packaging
- 6.5.1.Southeast Asia Modified Polypropylene Market, by Packaging, 2018-2030 (USD Billion)
- 6.6.Medical
- 6.6.1.Southeast Asia Modified Polypropylene Market, by Medical, 2018-2030 (USD Billion)
- 6.7.Electrical & Electronics
- 6.7.1.Southeast Asia Modified Polypropylene Market, by Electrical & Electronics, 2018-2030 (USD Billion)
- 6.8.Others
- 6.8.1.Southeast Asia Modified Polypropylene Market, by Others, 2018-2030 (USD Billion)
7.Southeast Asia Modified Polypropylene Market, by Product Type
- 7.1.Key Findings
- 7.2.Introduction
- 7.2.1.Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 7.3.Homopolymer
- 7.3.1.Southeast Asia Modified Polypropylene Market, by Homopolymer, 2018-2030 (USD Billion)
- 7.4.Copolymer
- 7.4.1.Southeast Asia Modified Polypropylene Market, by Copolymer, 2018-2030 (USD Billion)
8.Southeast Asia Modified Polypropylene Market, by Countries
- 8.1.Key findings
- 8.2.Introduction
- 8.2.1.Southeast Asia Modified Polypropylene Market Assessment, By Countries, 2018-2030 (USD Billion)
- 8.2.2.Southeast Asia Modified Polypropylene Market - Germany
- 8.2.2.1.Germany: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.2.2.Germany: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.2.3.Germany: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 8.2.3.Southeast Asia Modified Polypropylene Market - Poland
- 8.2.3.1.Poland.: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.3.2.Poland.: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.3.3.Poland.: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 8.2.4.Southeast Asia Modified Polypropylene Market - Czech Republic
- 8.2.4.1.Czech Republic: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.4.2.Czech Republic: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.4.3.Czech Republic: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 8.2.5.Southeast Asia Modified Polypropylene Market - UK
- 8.2.5.1.UK: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.5.2.UK: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.5.3.UK: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 8.2.6.Southeast Asia Modified Polypropylene Market - France
- 8.2.6.1.France: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.6.2.France: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.6.3.France: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 8.2.7.Southeast Asia Modified Polypropylene Market - Slovakia
- 8.2.7.1.Slovakia: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.7.2.Slovakia: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.7.3.Slovakia: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 8.2.8.Southeast Asia Modified Polypropylene Market - RoEU
- 8.2.8.1.RoEU: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.8.2.RoEU: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.8.3.RoEU: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 8.2.9.Southeast Asia Modified Polypropylene Market - Netherlands
- 8.2.9.1.Netherlands: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.9.2.Netherlands: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.9.3.Netherlands: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- 8.2.10.Southeast Asia Modified Polypropylene Market - Austria
- 8.2.10.1.Austria: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- 8.2.10.2.Austria: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- 8.2.10.3.Austria: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
9.Competitive Landscape
- 9.1.Expansion and Acquisition Analysis
- 9.1.1.Expansion
- 9.1.2.Acquisitions
- 9.2.Partnerships/Collaborations/Agreements/Exhibitions
10.Company Profiles
- 10.1.Dow Thailand Group (Thailand)
- 10.1.1.Company Overview
- 10.1.2.Financial Performance
- 10.1.3.Modification Type Benchmarking
- 10.1.4.Recent Development
- 10.2.G.E. Plastics Company Limited (Thailand)
- 10.2.1.Company Overview
- 10.2.2.Financial Performance
- 10.2.3.Modification Type Benchmarking
- 10.2.4.Recent Development
- 10.3.HMC Polymers (Thailand)
- 10.3.1.Company Overview
- 10.3.2.Financial Performance
- 10.3.3.Modification Type Benchmarking
- 10.3.4.Recent Development
- 10.4.Naga Semut (Indonesia)
- 10.4.1.Company Overview
- 10.4.2.Financial Performance
- 10.4.3.Modification Type Benchmarking
- 10.4.4.Recent Development
- 10.5.Polyplastics Asia Pacific Sdn Bhd (Malaysia)
- 10.5.1.Company Overview
- 10.5.2.Financial Performance
- 10.5.3.Modification Type Benchmarking
- 10.5.4.Recent Development
- 10.6.P.T. Toray International Indonesia (Indonesia)
- 10.6.1.Company Overview
- 10.6.2.Financial Performance
- 10.6.3.Modification Type Benchmarking
- 10.6.4.Recent Development
- 10.7.P.T. Urban Plastic Indonesia (Indonesia)
- 10.7.1.Company Overview
- 10.7.2.Financial Performance
- 10.7.3.Modification Type Benchmarking
- 10.7.4.Recent Development
- 10.8.Wing Loong Industries (Pte) Ltd (Singapore)
- 10.8.1.Company Overview
- 10.8.2.Financial Performance
- 10.8.3.Modification Type Benchmarking
- 10.8.4.Recent Development
- 10.9.SCG Chemicals & Thai Polyethylene (Thailand)
- 10.9.1.Company Overview
- 10.9.2.Financial Performance
- 10.9.3.Modification Type Benchmarking
- 10.9.4.Recent Development
- 10.10.SABIC Innovative Plastics Singapore Pte Ltd (Singapore)
- 10.10.1.Company Overview
- 10.10.2.Financial Performance
- 10.10.3.Modification Type Benchmarking
- 10.10.4.Recent Development
List of Tables
- Table 1 Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 2 Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 3 Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 4 Southeast Asia Modified Polypropylene Market Assessment, By Countries, 2018-2030 (USD Billion)
- Table 5 Germany: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 6 Germany: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 7 Germany: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 8 Poland.: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 9 Poland.: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 10 Poland.: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 11 Czech Republic: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 12 Czech Republic: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 13 Czech Republic: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 14 UK: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 15 UK: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 16 UK: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 17 France: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 18 France: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 19 France: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 20 Germany: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 21 Germany: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 22 Germany: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 23 Slovakia: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 24 Slovakia: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 25 Slovakia: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 26 RoEU: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 27 RoEU: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 28 RoEU: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 29 Netherlands: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 30 Netherlands: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 31 Netherlands: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
- Table 32 Austria: Southeast Asia Modified Polypropylene Market, by Application, 2018-2030 (USD Billion)
- Table 33 Austria: Southeast Asia Modified Polypropylene Market, by Modification Type, 2018-2030 (USD Billion)
- Table 34 Austria: Southeast Asia Modified Polypropylene Market, by Product Type, 2018-2030 (USD Billion)
List of Figures
- Figure 1 Southeast Asia Modified Polypropylene Market, 2018-2030 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Countries
- Figure 5 Porter's Five Forces
- Figure 6 Market by Application
- Figure 7 Southeast Asia Modified Polypropylene Market, by Application, 2021 & 2030 (USD Billion)
- Figure 8 Market by Modification Type
- Figure 9 Southeast Asia Modified Polypropylene Market, by Modification Type, 2021 & 2030 (USD Billion)
- Figure 10 Market by Product Type
- Figure 11 Southeast Asia Modified Polypropylene Market, by Product Type, 2021 & 2030 (USD Billion)
- Figure 12 Southeast Asia Modified Polypropylene Market Assessment, By Countries, 2018-2030 (USD Billion)
- Figure 13 Strategic Analysis - Southeast Asia Modified Polypropylene Market
