This Polypropylene Random Copolymers market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Polypropylene Random Copolymers market.
Global Polypropylene Random Copolymers Market: Overview
Polypropylene random copolymers are produced by modifying the fundamental structure of polypropylene by incorporating another monomer molecule. Ethylene being the most common monomer used. The ethylene molecules, in the polymer chain, are introduced randomly between the propylene molecules. The incorporation of ethylene causes change in the physical properties of polypropylene. Random copolymer polypropylene usually contains about 1 to 7 weight percent of ethylene molecules and around 93 to 99 weight percent of propylene molecules.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Random copolymer polypropylenes finds use in blow molding, injection molding, and extrusion molding applications that require improved clarity and . They are used in medical packaging, food packaging, and consumer products.
Global Polypropylene Random Copolymers Market: Segmentation
Global polypropylene random copolymers market is segmented on the basis of applications, end-use, and regions. The global polypropylene random copolymer market is segmented on the basis of application into blown film, blow molding, injection molding, and extrusion molding. On the basis of end-use, global polypropylene market is segmented into medical packaging, food packaging, and consumer products, etc. Region wise, the global polypropylene random copolymer market is divided into North America, Latin America, Asia Pacific (APEJ), Japan, Western Europe, Eastern Europe, and Middle East and Africa (MEA).
Global Polypropylene Random Copolymers Market: Region-wise Outlook
The global market share of Western European polypropylene random copolymers market is estimated to witness a drop from around 13.9% to about 11.4% in the forecast period. The fall is primarily due to a moderate increase in demand only in the largest national markets such as Germany, France, and Italy. Eastern Europe is expected to grow sharply, especially in the Russian packaging sector. The USA is reporting a recent increase in demand for polypropylene random copolymers. India and China continue to witness a huge increase of demand, owing to which Asia-Pacific is anticipated to account more than half of the total global demand by 2025.
Global Polypropylene Random Copolymers Market: Drivers
The introduction of newer application areas, development of bio-based polypropylene and substitution of various other materials continuously offers high potential for growth for the global polypropylene random copolymers market.
Unconventional low feedstock prices are driving new capacity investment and thus rendering growth to the global polypropylene random copolymer market.
Global Polypropylene Random Copolymers Market: Key Players
Some of the major players identified in the global polypropylene random copolymer market are LyondellBasell Industries, Braskem, China Petroleum & Chemical Corporation (Sinopec), Total S.A., Entec Polymers, ExxonMobil, Sasol, Chevron Corporation, Royal Dutch Shell, ConocoPhillips, Borealis, Formosa Plastics Group, Reliance Industries, and SABIC etc.
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Regional analysis for Polypropylene Random Copolymers Market includes
US & Canada