Global Polypropylene Market Size & Outlook, 2022-2030
Global polypropylene market, 2018-2030 (US$M)
Related Markets
Global polypropylene market highlights
- The global polypropylene market generated a revenue of USD 121,273.4 million in 2022 and is expected to reach USD 161,393.2 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.6% by 2030.
- In terms of segment, packaging accounted for a revenue of USD 41,842.8 million in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Australia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 121,273.4 million |
| Market revenue in 2030 | USD 161,393.2 million |
| Growth rate | 3.6% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | AUTOMOTIVE |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
Other key industry trends
- In terms of revenue, the North America accounted for 15.2% of the global polypropylene market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 3,207.4 million by 2030.
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Polypropylene Market Scope
Polypropylene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 polypropylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 34.5% in 2022. Horizon Databook has segmented the Global polypropylene market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Polypropylene End Use Outlook (Revenue, USD Million, 2018-2030)
- PACKAGING
- CONSTRUCTION
- ELECTRICAL & ELECTRONICS
- AUTOMOTIVE
- MEDICAL
- OTHER END USES
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Target buyers of Global polypropylene market databook
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Our clientele includes a mix of 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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Horizon Databook provides a detailed overview of global-level data and insights on the Global polypropylene market , including forecasts for subscribers. This global databook contains high-level insights into Global polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global polypropylene market size, by regions, 2018-2030 (US$M)
Top 10 countries: Polypropylene market size, 2022 (US$M)
Global polypropylene market share, by end use, 2022 & 2030 (%, US$M)
Polypropylene market: Opportunity assessment by country
Global polypropylene market, by region, 2022 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 17,423.8 | 18,085.8 | 17,673.9 | 18,011.2 | 18,426.7 | 18,907.1 | 19,437.8 | 20,041.7 | 20,704.7 | 21,451.4 | 22,176.6 | 22,924.9 | 23,662.9 | 3.2% |
| Europe | 28,538.2 | 29,460.1 | 28,630.1 | 29,011.9 | 29,505.6 | 30,090.7 | 30,740.1 | 31,487.5 | 32,816.2 | 33,918.8 | 35,245.9 | 36,007.4 | 37,054.8 | 2.9% |
| Asia Pacific | 53,219.9 | 55,713.4 | 54,921.1 | 56,467.2 | 58,282.8 | 60,338.8 | 62,590.7 | 65,117.4 | 68,338.9 | 71,550.7 | 75,006.1 | 77,923.4 | 81,241.4 | 4.2% |
| Latin America | 5,366.0 | 5,544.7 | 5,393.8 | 5,471.1 | 5,569.8 | 5,686.0 | 5,814.6 | 5,962.1 | 6,214.1 | 6,426.5 | 6,679.4 | 6,817.2 | 7,017.3 | 2.9% |
| MEA | 8,126.1 | 8,665.8 | 8,681.8 | 9,057.0 | 9,488.5 | 9,960.6 | 10,474.6 | 11,045.1 | 10,609.4 | 10,970.7 | 10,755.3 | 11,976.9 | 12,416.8 | 3.4% |
| Overall | 112,674.0 | 117,469.7 | 115,300.7 | 118,018.5 | 121,273.4 | 124,983.3 | 129,057.8 | 133,653.7 | 138,683.2 | 144,318.1 | 149,863.3 | 155,649.9 | 161,393.2 | 3.6% |
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