Global Polypropylene Compounds Market Size & Outlook
The polypropylene compounds industry worldwide is expected to reach a projected revenue of US$ 39,210.1 million by 2030. A compound annual growth rate of 7.8% is expected of the worldwide polypropylene compounds industry from 2024 to 2030.
Revenue, 2023 (US$M)
$23,204.3
Forecast, 2030 (US$M)
$39,210.1
CAGR, 2024 - 2030
7.8%
Report Coverage
Worldwide
Global polypropylene compounds market, 2018-2030 (US$M)
Related Markets
Global polypropylene compounds market highlights
- The global polypropylene compounds market generated a revenue of USD 23,204.3 million in 2023 and is expected to reach USD 39,210.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.8% by 2030.
- In terms of segment, mineral filled pp compounds accounted for a revenue of USD 6,783.6 million in 2023.
- Mineral Filled PP Compounds is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 23,204.3 million |
| Market revenue in 2030 | USD 39,210.1 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Mineral filled pp compounds |
| Fastest growing segment | Mineral Filled PP Compounds |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral Filled PP Compounds, Compounded TPO, Compounded TPV, Glass Fiber Reinforced, Talc Filled |
Other key industry trends
- In terms of revenue, the North America accounted for 27.2% of the global polypropylene compounds market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 784.0 million by 2030.
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Polypropylene Compounds Market Scope
Polypropylene compounds market segmentation & scope
Others
Polypropylene Compounds Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global polypropylene compounds 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 polypropylene compounds market will help companies and investors design strategic landscapes.
mineral filled pp compounds was the largest segment with a revenue share of 29.23% in 2023. Horizon Databook has segmented the Global polypropylene compounds market based on mineral filled pp compounds, compounded tpo, compounded tpv, glass fiber reinforced, talc filled covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Polypropylene Compounds Product Outlook (Revenue, USD Million, 2018-2030)
- Mineral Filled PP Compounds
- Compounded TPO
- Compounded TPV
- Glass Fiber Reinforced
- Talc Filled
- Others
- Global Polypropylene Compounds Application Outlook (Revenue, USD Million, 2018-2030)
- Fiber
- Film & Sheet
- Raffia
- Others
- Global Polypropylene Compounds End Use Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Building & Construction
- Electrical & Electronics
- Textile
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global polypropylene compounds market , including forecasts for subscribers. This global databook contains high-level insights into Global polypropylene compounds market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global polypropylene compounds market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Polypropylene compounds market size, 2023 (USD Million)
Top 10 countries: Polypropylene compounds market size, 2023 (USD Million)
Global polypropylene compounds market, by region, 2023 (US$M)
Related regional statistics
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