NEW YORK, June 2, 2020 /PRNewswire/ -- According to a new report by Reports and Data, the global polypropylene market is forecasted to reach USD 205.61 Billion by 2027. Increasing adoption of PP in the 3D Printing industry owing to its superior chemical resistance is a significant factor influencing market demand. Polypropylene has the lowest density out of all commonly used in manufacturing plastics, which makes it very light. Other benefits associated with the material, including flexibility, durability, and electrical resistance, make it highly practical for the industry. Currently, the product is being used in the healthcare sector to manufacture medical vials, diagnostic devices, specimen bottles, and pill containers.
The increasing global installation of propane dehydrogenation (PDH) facilities is anticipated to influence demand. In the U.S. and Canada, the ethane steam crackers have reduced the production of propylene. Thus, companies have been shifting to propane dehydrogenation for the production of propylene. Based on statistics, since 2010, more than 2 million metric tons/year of new PDH capacity have been developed in both the U.S. and Canada, and around 1.6 MMTPA capacity is currently under development.
Request free sample of this research report at:
https://www.reportsanddata.com/sample-enquiry-form/1663
Europe is projected to witness a CAGR of 4.4% in the forecast period. Increasing adoption of PP in the construction sector is likely to foster demand. PP is used in construction applications such as air and moisture barrier membranes, films, and sheets used in insulating building wraps, carpet textiles, and in plastic parts such as pipes. The growing demand for light-weight automobiles has also driven the demand for plastics particularly, PP in the region. Manufacturers in the region have been shifting to polymers and plastic composites to achieve better fuel efficiency levels.
The COVID-19 impact:
The spread of Covid-19 poses a threat to the global oil and gas industry due to various factors. The drastic action taken to curb the spread of the virus has had a significant impact on the working of different sectors. For instance, offshore workers have to balance maintaining social distancing while living and working in confined spaces. Similarly, travel bans and quarantines inhibit companies' ability to facilitate travel and conduct meetings. The uncertainty that runs through the pandemic further affects the historically volatile industry. This uncertainty is further supported by the lack of an apparent historical instance for the phenomenon in the oil and gas sector. The oil industry is being affected by dual frontiers, including the demand destruction caused by the Covid-19 pandemic and the price war amongst key global producers that have brought about a record plunge in prices.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/polypropylene-market
Further key findings from the report suggest
Order Now: https://www.reportsanddata.com/checkout-form/1663
For the purpose of this report, Reports and Data have segmented into the global polypropylene market on the basis of type, application, end use industry, and region:
Extraction Type Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
End Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Regional Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
Browse more similar reports onPolymers and Resinscategory by Reports And Data
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:John WHead of Business DevelopmentReports And Data | Web: http://www.reportsanddata.com Direct Line: +1-212-710-1370E-mail: [emailprotected]LinkedIn | Twitter | Blogs
SOURCE Reports And Data
Continued here:
Polypropylene Market to Reach USD 205.61 Billion by 2027 | Reports And Data - PRNewswire
- Westlake Royal Expands Canadian Footprint with Strategic Alexandria Moulding Partnership | WLK Stock News - StockTitan - November 12th, 2024 [November 12th, 2024]
- House of the Week: Family patiently waited 15 years to buy their dream home in Onondaga - syracuse.com - January 18th, 2023 [January 18th, 2023]
- Molding and Trim Market From Key End-Use Sectors To Surge In The Near Future Express Keeper - Express Keeper - February 20th, 2021 [February 20th, 2021]
- Motor Vehicle Body, Stamped Metal & Other Parts Global Market Report 2021: COVID 19 Impact and Recovery to 2030 - GlobeNewswire - February 20th, 2021 [February 20th, 2021]
- January food inspection report released by health department - Seymour Tribune - February 20th, 2021 [February 20th, 2021]
- Automotive Interior Trims Market to Witness a Pronounce Growth During 2021-2031| Qinghe Yongxin, Cooper Standard, Hebei Longzhi, Toyoda Gosei,... - February 20th, 2021 [February 20th, 2021]
- Maserati Introduces Model Year 2021 to North America Including Expanded V8 Trofeo Collection - The Ritz Herald - February 20th, 2021 [February 20th, 2021]
- City of Plano Solar Farm "Energized" and Fully Operational - PRNewswire - February 20th, 2021 [February 20th, 2021]
- Four Easy Ways to Improve Your Home Before Putting It on the Market - Omega Underground - February 20th, 2021 [February 20th, 2021]
- New BMW 128ti: front-drive hot hatch vs Ford and Renault rivals - Autocar - February 20th, 2021 [February 20th, 2021]
- Growth of Molding and Trim Market Size Report Till 2025 - Business-newsupdate.com - February 16th, 2021 [February 16th, 2021]
- The Best One Coat Paint for Repainting the Interior of Your Home - BobVila.com - February 16th, 2021 [February 16th, 2021]
- A Paris Apartment Full of Vintage Finds and an Impressive Art Collection - Architectural Digest - February 16th, 2021 [February 16th, 2021]
- Flare Monitoring Market Size Analysis and Outlook to 2026-Potential Opportunities, Companies and Forecasts across Market by Diversified Mounting... - February 16th, 2021 [February 16th, 2021]
- Automotive Plastic Interior Trims Market 2021 Size, Industry Share, Growth, Trends And Top Key Players: CIE Automotive,Neaton Auto Products... - February 16th, 2021 [February 16th, 2021]
- Automotive and Instrument Panels Market to Witness Massive Growth From 2021 to 2026 Atlantic Financial Management - Atlantic Financial Management - February 16th, 2021 [February 16th, 2021]
- Interior design and technology Nissan Leaf | Automotive Industry Analysis | just-auto - just-auto.com - February 9th, 2021 [February 9th, 2021]
- To Find the Optimal Prototyping Method, Start by Asking the Right Questions - Plastics Today - February 9th, 2021 [February 9th, 2021]
- 12-bedroom castle on sale for $9 million in Hamilton comes with antique car - blogTO - February 9th, 2021 [February 9th, 2021]
- 1974 Chevy C10: The Coolest Features On This Pickup Truck - HotCars - February 9th, 2021 [February 9th, 2021]
- Semiconductor Packaging Equipment Market Recent Technological Advancements to Propel Growth of the Market in Foreseeable Future by 2027 FLA News -... - February 9th, 2021 [February 9th, 2021]
- The Premier League of bad taste: the good, bad and ugly of footballers' cars - The Scotsman - February 9th, 2021 [February 9th, 2021]
- Can Hyundai PH please bring in the 2021 Tucson N-Line? - Auto News - AutoIndustriya.com - February 9th, 2021 [February 9th, 2021]
- Comprehensive Report on Central Air-conditioning Market 2021 | Size, Growth, Demand, Opportunities & Forecast To 2027 | Trane, LG Electronics,... - February 9th, 2021 [February 9th, 2021]
- Market News 2021: Molding & Trim Market Top Companies, Trends and Growth 2021 to 2026 | Associated Materials, Axiall, Bright Wood - NeighborWebSJ - February 6th, 2021 [February 6th, 2021]
- Last few chances to be a part of Hamilton's executive 55-plus community - The Salem News - February 6th, 2021 [February 6th, 2021]
- Top 10 Best Wire Covers Walmarts 2021 Bestgamingpro - Best gaming pro - February 6th, 2021 [February 6th, 2021]
- Kraton Debuts Innovative Car Interior Manufacturing Tech on China's Buick GL6 - autoevolution - February 6th, 2021 [February 6th, 2021]
- Global Market for Bioplastics and Natural Fibers to 2030 - Profiles of Over 250 Companies Including Ananas Anam, BASF & Bast Fiber Technologies -... - February 6th, 2021 [February 6th, 2021]
- Automotive Windows and Exterior Sealing Market is projected to reach a valuation of ~US$ 26 Bn by 2027 KSU | The Sentinel Newspaper - KSU | The... - February 6th, 2021 [February 6th, 2021]
- 12 of the Most Expensive Homes for Sale in the Park Hills Area - Daily Journal Online - December 18th, 2020 [December 18th, 2020]
- ROAD TEST: Mazda's new family car adds up to a great choice - Press and Journal - October 23rd, 2020 [October 23rd, 2020]
- Roblox Players Have Spent Over $2 Billion on Mobile - Best gaming pro - October 23rd, 2020 [October 23rd, 2020]
- AMD Ryzen 9 5950X 16-core monster could be the first Ryzen chip to hit 5GHz - Best gaming pro - October 23rd, 2020 [October 23rd, 2020]
- First drive: Toyota's tweaked Hilux hits the right notes off the beaten track - IOL - October 21st, 2020 [October 21st, 2020]
- Plastic Lumber Market Segmentation By Qualitative And Quantitative Research Incorporating Impact Of Economic And Non-Economic Aspects By 2027 - KYT24 - October 21st, 2020 [October 21st, 2020]
- What makes the new Toyota Fortuner LTD an impressive SUV? | Zigwheels - Zig Wheels - October 21st, 2020 [October 21st, 2020]
- GMC Hummer EV's first year of production already sold out - Best gaming pro - October 21st, 2020 [October 21st, 2020]
- Know Worldwide specifications of the Molding & Trim Market 2020 - TechnoWeekly - October 20th, 2020 [October 20th, 2020]
- Molding and Trim Market 2020 Size, Share, Trends, Growth And Outlook With Company Analysis And Forecast To 2027 - Stock Market Vista - October 20th, 2020 [October 20th, 2020]
- Artist and his wife open gallery at their homestead near Berryville - The Winchester Star - October 20th, 2020 [October 20th, 2020]
- Open the door to more cabinetry colors - The Gazette - October 20th, 2020 [October 20th, 2020]
- Future Growth Of Automotive Interior Trim Market By New Business Developments - News by aeresearch - October 20th, 2020 [October 20th, 2020]
- How to Tell the Difference Between Pest Allergies, COVID-19 Coronavirus, the Flu or Cold in 2020 - Clarksville Online - October 20th, 2020 [October 20th, 2020]
- Post from your Patch editor: The deadline to register to vote in PA is now past. Have you... - Patch.com - October 20th, 2020 [October 20th, 2020]
- Acrylic Processing Aid Market Analysis by Growth, Size (Value and Volume), Trends 2025 - The Think Curiouser - October 20th, 2020 [October 20th, 2020]
- Woodworking Router Bits Market Forecast Revised in a New FMI Report as COVID-19 Projected to Hold a Massive Impact on Sales in 2029 - TechnoWeekly - October 20th, 2020 [October 20th, 2020]
- Patrick Industries, Inc. Announces Third Quarter 2020 Earnings Release and Conference Call Webcast on October 29, 2020 - Newsbug.info - October 16th, 2020 [October 16th, 2020]
- RPD: The Importance Of Autism Awareness For The First Responder - Patch.com - October 16th, 2020 [October 16th, 2020]
- VIDEO REVIEW: 2021 Bentley Bentayga. If You Had The DOUGH, WOULD YOU? - AutoSpies.com - October 16th, 2020 [October 16th, 2020]
- Tara's tiny laundry makeover - Better Homes and Gardens - October 16th, 2020 [October 16th, 2020]
- Beats Flex Could Be A Better Alternative To The EarPods - Best gaming pro - October 16th, 2020 [October 16th, 2020]
- All-new Opel Crossland is much more than just a pretty face - The Avondhu Press - October 16th, 2020 [October 16th, 2020]
- Latest Study explores the Molding & Trim Market Witness Highest Growth in near f - marketsizeforecasters.com - September 23rd, 2020 [September 23rd, 2020]
- Latest Study explores the Automotive Interior Trim Market Witness Highest Growth in near future - AlgosOnline - September 23rd, 2020 [September 23rd, 2020]
- Charges Upgraded To Felony In Bar Parking Lot Beating: Police - Palos, IL Patch - September 23rd, 2020 [September 23rd, 2020]
- Beddings Donations Needed For Sleep In Heavenly Peace Bed Build - Palos, IL Patch - September 23rd, 2020 [September 23rd, 2020]
- Promoted | The new MINI Countryman: explore the best British culture - What Car? - September 23rd, 2020 [September 23rd, 2020]
- FTSE 100 trims losses; US stocks trend down, up and down again - Proactive Investors UK - September 23rd, 2020 [September 23rd, 2020]
- 20 ways you're probably shortening the lifespan of common foods - Insider - INSIDER - September 23rd, 2020 [September 23rd, 2020]
- University of Queensland partners with IBM to progress data research - Best gaming pro - September 23rd, 2020 [September 23rd, 2020]
- Homes Recently Listed in the St. Louis Area - Quad-Cities Online - July 5th, 2020 [July 5th, 2020]
- Best Thin Kerf Miter Saw Blades - Pro Tool Reviews - June 22nd, 2020 [June 22nd, 2020]
- STS Group AG: Changes in Supervisory Board and Management Board - Yahoo Finance UK - June 22nd, 2020 [June 22nd, 2020]
- Shoe Molding 101: Get to Know This Part of Baseboard - Bob Vila - June 22nd, 2020 [June 22nd, 2020]
- How Coronavirus is Impacting Fibre Cement Market 2019-2025: Industry Analysis By Top Players, Types, Key Regions And Applications - Cole of Duty - May 30th, 2020 [May 30th, 2020]
- COVID-19 Economic Impact Report on the Global Fiber Cement Industry - ResearchAndMarkets.com - Business Wire - May 24th, 2020 [May 24th, 2020]
- Automotive Interior Materials Market Driven By increased demand for interior styling, cabin comfort and other convenient features in an... - May 24th, 2020 [May 24th, 2020]
- Classic powerboat back in the game - Isle of Wight County Press - April 24th, 2020 [April 24th, 2020]
- 38 of the Most Expensive Homes for Sale in the St. Louis Area - STLtoday.com - March 29th, 2020 [March 29th, 2020]
- Around the House: The pros and cons of residential metal framing - Daily Commercial - March 5th, 2020 [March 5th, 2020]
- Trucker arrested in S. Calif. in Madras fatal hit-and-run - KTVZ - January 26th, 2020 [January 26th, 2020]
- 12 of the Most Expensive Homes for Sale in Northwest Indiana - nwitimes.com - November 29th, 2019 [November 29th, 2019]
- Report Predicts US Wood Millwork Demand Will Rise 2.4% Yearly - DWM Magazine - November 25th, 2019 [November 25th, 2019]
- iPhone 12 Pro will pack 6GB RAM and mmWave 5G, analyst claims - The INQUIRER - November 25th, 2019 [November 25th, 2019]
- Where Your Author Selects an Outback Replacement, but New or Used? - The Truth About Cars - November 17th, 2019 [November 17th, 2019]
- 15 of the Most Expensive Homes for Sale in Northwest Indiana - Kenosha News - November 17th, 2019 [November 17th, 2019]
- Moldings and Trim | Floor & Decor - October 23rd, 2019 [October 23rd, 2019]
- Decorative Wood Moulding & Trim: The Bendix Collection - April 12th, 2019 [April 12th, 2019]
- Floor Moulding & Trim - Floor Moulding | Lowe's Canada - March 30th, 2019 [March 30th, 2019]