Asia Pacific Modified Polypropylene Market Size & Outlook
Asia Pacific modified polypropylene market, 2017-2030 (US$M)
Asia Pacific modified polypropylene market highlights
- The Asia Pacific modified polypropylene market generated a revenue of USD 16,126.6 million in 2020.
- The market is expected to grow at a CAGR of 6.1% from 2021 to 2030.
- In terms of segment, automotive was the largest revenue generating application in 2020.
- Medical is the most lucrative application segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2020 | USD 16,126.6 million |
| Market revenue in 2030 | USD 29,136.5 million |
| Growth rate | 6.1% (CAGR from 2020 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | Medical |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Building & Construction, Packaging, Medical, Electrical & Electronics |
| Key market players worldwide | LG Chem, SABIC, LyondellBasell Industries NV Class A, Kingfa Technology, PetroChina Co Ltd Class H, PolyPacific, Arkema SA, Covestro AG, China XD |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 47.3% of the global modified polypropylene market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 29,136.5 million by 2030.
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Modified Polypropylene Market Scope
Modified Polypropylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific modified polypropylene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to modified polypropylene market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 69.85% in 2020. Horizon Databook has segmented the Asia Pacific modified polypropylene market based on automotive, building & construction, packaging, medical, electrical & electronics covering the revenue growth of each sub-segment from 2017 to 2030.
Asia Pacific is expected to be one of the fastest-growing markets over the forecast period, primarily driven by the ascending demand for modified polypropylene from key industries, including automotive, electrical & electronics, building & construction, medical, and packaging, in emerging economies such as China and India.
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Target buyers of Asia Pacific modified polypropylene market databook
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Our clientele includes a mix of modified polypropylene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific modified polypropylene market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific modified polypropylene market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific modified polypropylene market
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Asia Pacific modified polypropylene market
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