Polypropylene Market Spurred by Rising Demand from Packaging Industry, to Reach Us$133.3 Bn by 2023

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Polypropylene Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 - 2023

Published Date

26-Aug-2015

129 Page Report

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Press Release

Global Polypropylene Market Spurred by Rising Demand

from Packaging Industry, to reach US$133.3 bn by 2023 :

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Polypropylene Market

REPORT DESCRIPTION

Polypropylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Due to the increasing demand from the food and beverages packaging industry, the global polypropylene

market is well poised to reach US$133.3 bn by the end of 2023. A new report by Transparency Market

Research, titled “Polypropylene Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2015 - 2023,” has pegged the value of the market at US$81.6 bn in 2014. If the figures hold true, the

market will report a steady CAGR of 5.7% between 2015 and 2023.

Browse the full Polypropylene Market for Packaging, Automotive, Consumer Products, Electrical &

Electronics, Construction and Other End-user Industries - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2015 - 2023 report at :

http://www.transparencymarketresearch.com/polypropylene-market.html

Polypropylene is a type of thermoplastic polymer and can be readily made by catalytic polymerization of

propylene. The production of polypropylene, however, largely depends on the availability of raw materials from

natural gas reserves such as crude oil. Polypropylene is gradually replacing other polyolefins in several

applications due to its properties such as high tensile strength, surface hardness, and strong chemical

resistance.

To present an executive-level blueprint, the report has segmented the global polypropylene market based on

various criteria....