Global Recycled Polypropylene Market Size & Outlook
Global recycled polypropylene market, 2018-2030 (US$M)
Related Markets
Global recycled polypropylene market highlights
- The global recycled polypropylene market generated a revenue of USD 11,564.5 million in 2023 and is expected to reach USD 16,940.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.6% by 2030.
- In terms of segment, packaging accounted for a revenue of USD 4,089.0 million in 2023.
- Building & Construction is the most lucrative application 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, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 11,564.5 million |
| Market revenue in 2030 | USD 16,940.6 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | Building & Construction |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive |
Other key industry trends
- In terms of revenue, the North America accounted for 19.3% of the global recycled polypropylene market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 190.3 million by 2030.
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Recycled Polypropylene Market Scope
Recycled Polypropylene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global recycled 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 recycled polypropylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 35.36% in 2023. Horizon Databook has segmented the Global recycled polypropylene market based on building & construction, packaging, electrical & electronics, textiles, automotive covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Recycled Polypropylene Application Outlook (Revenue, USD Million, 2018-2030)
- Building & Construction
- Packaging
- Electrical & Electronics
- Textiles
- Automotive
- Others
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Target buyers of Global recycled polypropylene market databook
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Our clientele includes a mix of recycled 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 recycled polypropylene market , including forecasts for subscribers. This global databook contains high-level insights into Global recycled polypropylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global recycled polypropylene market size, by regions, 2018-2030 (US$M)
Top 10 countries: Recycled polypropylene market size, 2023 (US$M)
Global recycled polypropylene market share, by application, 2023 & 2030 (%, US$M)
Recycled polypropylene market: Opportunity assessment by country
Global recycled polypropylene market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,976.9 | 2,052.6 | 2,038.3 | 2,076.0 | 2,144.2 | 2,226.2 | 2,321.1 | 2,427.3 | 2,554.0 | 2,706.6 | 2,860.1 | 3,026.9 | 3,201.8 | 5.3% |
| Europe | 2,255.7 | 2,351.3 | 2,344.0 | 2,396.8 | 2,485.3 | 2,590.5 | 2,711.6 | 2,846.9 | 3,007.3 | 3,199.6 | 3,394.4 | 3,606.7 | 3,830.3 | 5.8% |
| Asia Pacific | 4,620.9 | 4,817.6 | 4,803.6 | 4,912.6 | 5,095.0 | 5,311.6 | 5,560.9 | 5,839.5 | 6,169.6 | 6,565.4 | 6,966.5 | 7,403.5 | 7,863.8 | 5.8% |
| Latin America | 553.5 | 583.6 | 588.4 | 608.3 | 637.7 | 671.9 | 710.8 | 754.2 | 805.0 | 865.3 | 927.3 | 995.1 | 1,067.3 | 6.8% |
| MEA | 731.0 | 748.2 | 732.3 | 734.9 | 747.7 | 764.4 | 784.6 | 807.4 | 835.7 | 870.9 | 904.7 | 940.8 | 977.5 | 3.6% |
| Overall | 10,138.0 | 10,553.4 | 10,506.6 | 10,728.6 | 11,109.8 | 11,564.5 | 12,088.9 | 12,675.3 | 13,371.5 | 14,207.8 | 15,052.9 | 15,973.0 | 16,940.6 | 5.6% |
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