Polypropylene is a thermoplastic polymer produced by chain-growth polymerization of the monomer propylene and is used in automotive fittings and industrial fibers. It is resilient, resistant to fatigue, and highly resistant to most acids and alkalis. The main products of polypropylene are homopolymer and copolymer. A homopolymer is a polymer like polyethylene containing identical monomer units. These are used in applications such as injection molding, fiber and raffia, film and sheet, and blow molding that are used by end users such as packaging, automotive, consumer products, electrical and electronics, and other industries. The global polypropylene market is segmented - 1) By Product Type: Homopolymer, Copolymer 2) By Application: Injection Molding, Fiber & Raffia, Film & Sheet, Blow Molding 3) By End User Industry: Packaging, Automotive, Consumer Products, Electrical and Electronics, Other End-User Industries The global polypropylene market size will grow from $126.75 billion in 2022 to $138.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global polypropylene is expected to grow to $192.13 billion in 2027 at a CAGR of 8.6%. Rising demand for thermoplastic materials has contributed to the growth of the polypropylene market. Due to their unique chemical properties, thermoplastic materials can be recycled and remolded without affecting their physical properties. As a result, thermoplastic materials are far more useful in a wide range of applications, including clothing, packaging, food, and beverages. Additionally, they are also used in heavy-duty applications such as the aerospace, military, and medical industries. According to the American Chemistry Council, the production of plastic resins, which serve as the foundation for all plastic products, climbed 0.9 percent in the United States in 2020, compared to 1.2 percent in 2019. The rising demand for thermoplastic materials increased the demand for the polypropylene market, thereby driving the market. Major players in the polypropylene market are Lyondellbasell, Sinopec, Sabic, Exxon Mobil, Braskem, PetroChina, Reliance Industries, Formosa Plastics, Borealis, and Asahi Kasei Plastics. Variations in the prices of raw materials such as crude oil have always been a major challenge in the polypropylene market. Fluctuating crude oil prices increase the operating expenses, affecting the bottom lines of manufacturing companies in this market. For instance, according to the ‘Business Standard’, polypropylene became costlier by 4.6% due to rising oil prices. Crude oil is the main source of petrochemicals as plastics are produced primarily from petroleum products. Therefore, crude oil prices are one of the key factors affecting plastic costs, making them very volatile. Volatile prices thereby have a negative impact on the polypropylene market, affecting the market’s growth. Eco-friendly polypropylene compounds are increasingly being used due to strict government rules and regulations over recycling and environmental protection. The polypropylene compounds possess unique qualities, making them more favorable as an alternative in the automotive industry. For example, Grand Siam Composites, a joint venture between SCG Chemicals, Mitsui Chemicals Inc., and Prime Polymer, has developed new technologies and inventions to produce high-quality products that are environmentally friendly. With those advancements, GSC’s polypropylene compounds are producing high-quality automobile parts such as consoles, instrument panels, bumpers, door panels, and various accessories. In June 2021, LyondellBasell, one of the world’s major plastics, chemicals, and refinery firms based in the Netherlands, acquired PolyPacific Polymers. This acquisition contributes to LyondellBasell’s expansion of its polypropylene business. PolyPacific Polymers Sdn Bhd is a Malaysian firm that produces modified polypropylene olefin compounds. Asia-Pacific was the largest region in the polypropylene market in 2022. North America was the second-largest region in the global polypropylene market. The regions covered in the global polypropylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the polypropylene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The polypropylene market consists of the sales of block copolymers, and random copolymers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The polypropylene market research report is one of a series of new reports from The Business Research Company that provides polypropylene market statistics, including polypropylene industry global market size, regional shares, competitors with a polypropylene market share, detailed polypropylene market segments, market trends and opportunities, and any further data you may need to thrive in the polypropylene industry. This polypropylene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Polystyrene is a synthetic thermoplastic material formed by polymerizing styrene. It is used in modelled products, foams, and sheet materials. Polystyrene can be melted at higher temperature for molding or extrusion, and then be re-solidified, in addition to being generally a solid thermoplastic. The main product types of polystyrene are expandable polystyrene (EPS), general-purpose polystyrene (GPPS), high-impact polystyrene (HIPS), and extruded polystyrene (XPS). Expandable polystyrene is a rigid, tough, and lightweight thermoplastic product. EPS is good for the packaging and construction industries due to its lightweight, strong, and excellent thermal insulation properties. Polystyrene is used in the automotive industry, electronics, thermal insulation, pharmaceuticals, consumer industry, packaging industry, and construction industry and is applied in HVAC insulation, rigid packaging, seating, and flexible packaging. The global polystyrene market is segmented - 1) By Product Type: Expandable Polystyrene (EPS), General-Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS), Extruded Polystyrene (XPS) 2) By Application: HVAC Insulation, Rigid Packaging, Seating, Flexible Packaging 3) By End User Industry: Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry The global polystyrene market size will grow from $39.67 billion in 2022 to $44.95 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of polystyrene is expected to grow to $71.91 billion in 2027 at a CAGR of 12.5%. The demand for packaged products has increased recently, particularly in emerging economies such as China and India. As the size of the middle-class grew in these countries, the consumption of processed foods, poultry, meat, and agricultural products increased. According to the World Bank, China's GDP will grow by 2.3 percent in 2020 over 2019. The increase in per-capita income in these economies resulted in the emerging middle-class purchasing more packaged goods. The demand for packaged goods increased the consumption of polystyrene for their packaging, driving the market. Major players in the polystyrene market are A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC., Atlas Roofing Corporation, Austrotherm GmbH, BASF SE, BEWiSynbra Group, Brodr. Sunde as and Chi Mei Corporation. Stringent regulations on plastic materials were a major restraint on the expansion of the polystyrene market. Many of the products in the polystyrene market are potentially hazardous during the manufacturing stages because the manufacturing processes involve reactions that can be dangerous unless controlled carefully. Government agencies and regulators are strictly assessing and managing the risks involved in the production and use of polystyrene. Many cities in the USA have decided to ban polystyrene products from schools and other civic buildings. For instance, in June 2022, the US Interior Department, the executive department of the US federal government announced that it will ban the sale of single-use plastic on public lands, national parks by 2032. In addition, the Integrated Waste Management Authority passed an ordinance to ban polystyrene in the entire San Luis Obispo County. Polystyrene manufacturers are instructed to be compliant with complex regulations that govern labeling, handling, manufacturing, and shipping and storage of the product, leading to an increase in compliance costs for the manufacturers. The construction and packaging sectors in developing countries are increasingly using Expanded Polystyrene (EPS). EPS provides design and structural cohesion to construction projects and possesses the physical and mechanical properties required for insulation. It is mostly used in the construction sector due to its properties of closed air, low thermal conductivity, low water absorption, lightweight, mechanical resistance, and sound resistance. EPS offers sound weight and volume performances compared to other building materials, making construction simple. In October 2021, Epsilyte Holdings LLC., a US-based chemicals company acquired StyroChem Canada Ltd for an undisclosed sum. The acquisition makes Epsilyte as one of the leading producers of expandable polystyrene (EPS) in North America. StyroChem Canada Ltd is a Canadian manufacturer of expandable polystyrene (EPS). Asia-Pacific was the largest region in the polystyrene market in 2022. North America was the second-largest region in the global polystyrene market. The regions covered in the global polystyrene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the polystyrene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The polystyrene market consists of the sales of regular polystyrene plastic, polystyrene foam, and polystyrene film. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The polystyrene market research report is one of a series of new reports from The Business Research Company that provides polystyrene market statistics, including polystyrene industry global market size, regional shares, competitors with a polystyrene market share, detailed polystyrene market segments, market trends and opportunities, and any further data you may need to thrive in the polystyrene industry. This polystyrene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Polyurethane Market Definition

Polyurethane refers to a form of plastic polymer material that is used to produce modern, versatile, and safe consumer and industrial products that are environmentally friendly. Polyurethane is formed by reacting a polyol (an alcohol with more than two reactive hydroxyl groups per molecule) with a diisocyanate or a polymeric isocyanate in the presence of suitable catalysts and additives. They are also widely used in medical devices such as pacemakers, artificial hearts, and other blood-contacting applications. The main product types of polyurethane are coatings, adhesives and sealants, flexible and rigid foams, elastomers, and other product types. An adhesive is a substance that is capable of holding materials together in a functional manner by a surface attachment that resists separation. The raw materials are MDI, TDI, and polyols. The end-use industries are furniture, construction, electronics and appliances, automotive, footwear, and other end-use industries.

Polyurethane Market Segmentation

The polyurethane market covered in this report is segmented – 1) By Product Type: Coatings, Adhesives and sealants, Flexible and rigid foams, Elastomers, Other Product Types 2) By Raw Material: MDI, TDI, Polyols 3) By End User Industry: Furniture, Construction, Electronics And Appliances, Automotive, Footwear, Other End Use Industries Subsegments: 1) By Coatings: Waterborne Coatings, Solvent-Borne Coatings, Powder Coatings, UV-Cured Coatings 2) By Adhesives And Sealants: structural adhesives, Non-Structural Adhesives, Hot-Melt Adhesives, Pressure-Sensitive Adhesives, Polyurethane Sealants 3) By Flexible And Rigid Foams: Flexible Foams (Mattress, Furniture, Automotive), Rigid Foams (Insulation Materials, Refrigerators, HVAC) 4) By Elastomers: Thermoplastic Polyurethane (TPU), Thermoset Polyurethane Elastomers 5) By Other Product Types: Synthetic Leather, Polyurethane Rubbers, Polyurethane Resins, Polyurethane Elastomers For Footwear

Polyacrylamide Market Definition

Polyacrylamide is a synthetic resin produced by polymerizing acrylamide, particularly a water-soluble polymer used to stabilize or form gels, and can be used as a clarifying or thickening agent. Polyacrylamide is used in a variety of applications, the most common of which is the separation of solids and liquids in the industrial and municipal wastewater sectors. The main types of polyacrylamides are anionic, cationic, non-ionic, and others. Anionic polyacrylamide (APAM) is a type of polyacrylamide (PAM) that works well with high concentrations of positively charged inorganic compounds as well as coarsely suspended molecules (0.01–1 mm) in neutral or alkaline solutions. Cationic polyacrylamide is a group of water-soluble polymers with a wide range of applications in industry, food processing, agriculture, and waste management. Non-ionic polyacrylamide is a high molecular weight polymer used for dispersion, thickening, and bonding purposes. Polyacrylamide is available in various physical forms such as powder, liquid, emulsion, or dispersion, and is used in different sectors such as water treatment, food and beverage, Personal Care, health care, and others.

Polyacrylamide Market Segmentation

The polyacrylamide market covered in this report is segmented – 1) By Product Type: Anionic, Cationic, Nonionic, Others 2) By Physical Form: Powder, Liquid, Emulsion Or Dispersions 3) By End User: Water Treatment, Food And Beverage, Personal Care, Health Care, Others Subsegments: 1) By Anionic: Low Molecular Weight Anionic Polyacrylamide, High Molecular Weight Anionic Polyacrylamide 2) By Cationic: Low Molecular Weight Cationic Polyacrylamide, High Molecular Weight Cationic Polyacrylamide 3) By Nonionic: Low Molecular Weight Nonionic Polyacrylamide, High Molecular Weight Nonionic Polyacrylamide 4) By Others: Amphoteric Polyacrylamide, Specialty Polyacrylamide Products

Polyphenols Market Definition

The polyphenols refer to micronutrients found naturally in plants. Polyphenols are found in many supplements and can easily get into the diet through fruits, vegetables, teas, and spices. There are about 8,000 different forms of polyphenols, including flavonoids like quercetin and catechins found in fruits. Polyphenols may help prevent blood clots, lower blood sugar levels, and reduce the risk of heart disease. The main type of polyphenols are flavonoids, phenolic acids, stilbenes, and lignans. The flavonoids refer to a variety of natural compounds with varying phenolic structures. These natural compounds are widely known for their health benefits, and attempts are being undertaken to extract the chemicals known as flavonoids. The various source of polyphenols includes fruits, vegetables, whole grains, and beverages. The application of polyphenols includes food and beverage, dietary supplement, cosmetics, and pharmaceuticals.

Polyphenols Market Segmentation

The polyphenols market covered in this report is segmented – 1) By Type: Flavonoids, Phenolic Acids, Stilbenes, Lignans 2) By Source: Fruits, Vegetables, Whole Grains 3) By Application: Food & Beverage, Dietary Supplement, Cosmetics, Pharmaceuticals Subsegments: 1) By Flavonoids: Flavonols, Flavones, isoflavones, Flavanones, Anthocyanins 2) By Phenolic Acids: Benzoic Acid Derivatives, Cinnamic Acid Derivatives 3) By Stilbenes: Resveratrol, Pterostilbene 4) By Lignans: Secoisolariciresinol, Matairesinol

Polyolefins Market Definition

Polyolefins are a group of polymers containing simple olefins and are categorized as a type of thermoplastics. They are comprised solely of hydrogen and carbon and are obtained from oil and natural gas. Polyolefins are used for packaging, and making blow-molded components in toys. The main types of polyolefins are polyethylene- HDPE, LDPE, LLDPE, polypropylene, and other types. Polypropylene refers to plastic produced using a method involving the polymerization of propylene. The applications include films and sheets, blow molding, injection molding, profile extrusion, and other applications. These are used in packaging, automotive, construction, pharmaceuticals or medical, electronics, and electricals.

Polyolefins Market Segmentation

The polyolefins market covered in this report is segmented – 1) By Type: Polyethylene (PP), Polypropylene, Other Types 2) By Application: Films and Sheets, Blow Molding, Injection Molding, Profile Extrusion, Other Applications 3) By End-User: Packaging, Automotive, Construction, Pharmaceuticals/Medical, Electronics & Electricals Subsegments: 1) By Polyethylene (PE): High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) 2) By Polypropylene (PP): Homopolymer Polypropylene, Random Copolymer Polypropylene, Block Copolymer Polypropylene 3) By Other Types: Polyethylene Terephthalate (PET), Ethylene-Vinyl Acetate (EVA), Polyolefin Elastomers (POE)

Polybutadiene (BR) Market Definition

Polybutadiene is a synthetic rubber that is formed from the polymerization process of the monomer 1,3-butadiene. Polybutadiene is abrasion-resistant and is used, especially in the manufacture of tires, as an additive to improve the mechanical strength of plastics such as polystyrene and acrylonitrile butadiene styrene (ABS). Polybutadiene is also used to coat or encapsulate electronic assemblies, offering high electrical resistivity. The main product types of polybutadiene are solid polybutadiene and liquid polybutadiene. Liquid polybutadienes (LPBds) are highly reactive liquid hydrocarbon polymers that are being formulated into solvent-free or low-solvent coating formulations. The applications involved are automotive, chemical, industrial, and other applications. The sales channels involved are online and offline. The industry verticals are tire, automotive, chemical, industrial rubber manufacturing, and other industry verticals.

Polybutadiene (BR) Market Segmentation

The polybutadiene (BR) market covered in this report is segmented – 1) By Product Type: Solid Polybutadiene, Liquid Polybutadiene 2) By Sales: Online, Offline 3) By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing: Other Industry Verticals Subsegments: 1) By Solid Polybutadiene: High-cis Polybutadiene, Low-cis Polybutadiene, Medium-cis Polybutadiene 2) By Liquid Polybutadiene: Hydrogenated Liquid Polybutadiene, Non-Hydrogenated Liquid Polybutadiene

Polyethylene Terephthalate Market Definition

Polyethylene terephthalate is a high-gloss, crack-resistant transparent plastic. These are general-purpose thermoplastic polymers produced by the reaction of mono ethylene glycol (MEG) and purified terephthalic acid (PTA) and are known for their excellent combination of mechanical, thermal, chemical, and dimensional stability. The main product types of polyethylene terephthalate are virgin and recycled. Recycling is the process of reusing something after undergoing a series of changes or treatments. The applications are beverages, sheets & films, consumer goods, food Packaging, and others (cosmetic bottles and household products). The end-use industries are packaging, electrical & electronics, automotive, construction, and others (material handling and strapping).

Polyethylene Terephthalate Market Segmentation

The polyethylene terephthalate market covered in this report is segmented – 1) By Product Type: Virgin, Recycle 2) By Application: Beverages, Sheets And Films, Consumer Goods, Food Packaging, Other Applications 3) By End-User Industry: Packaging, electrical and electronics, Automotive, Construction, Other End Uses Industries Subsegments: 1) By Virgin: Bottles, Films, Fibers, Sheets 2) By Recycle: rPET for Bottles, rPET for Sheets, rPET for Textiles, rPET for Other Applications