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Popular Plastic - Ceresana Updates Report on the Global Polypropylene Market - Ceresana expects a dynamic growth of worldwide revenues generated with polypropylene to amount to more than US$145 billion in 2019 - Ceresana.com
Popular Plastic - Ceresana Updates Report on the Global Polypropylene Market

 

NewswireToday - /newswire/ - Konstanz, Baden-Wuerttemberg, Germany, 2012/08/16 - Ceresana expects a dynamic growth of worldwide revenues generated with polypropylene to amount to more than US$145 billion in 2019 - Ceresana.com.

   
 
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Polypropylene is one of the most versatile plastics. A broad range of products of day to day life is made from this polyolefin. Ceresana expects a dynamic growth of worldwide revenues generated with this second most important plastic to amount to more than US$145 billion in 2019. Especially the dynamic economic development in emerging markets will continue to boost demand for polypropylene (PP). The average annual growth rate of 4.4% in the last eight years is likely to be surpassed in the future, as is explained exhaustively in the market study recently published.

Asia-Pacific on the rise

Asian-Pacific countries already account for more than half of worldwide PP consumption. Thus, this region is the most important sales market, followed by Western Europe and North America. Yet distribution of demand for PP in the various regions of the world is likely to change notably. The analysts from Ceresana expect countries in Asia-Pacific to increase their shares in the global PP market – mainly at the expense of saturated markets in industrialized countries. Many emerging and developing countries benefit from an increasing demand in all application areas – above all in the transportation and automotives industry. Demand for light weight, fuel-efficient vehicles is increasing all over the globe. Therefore, the automobile industry substitutes a rising number of parts made from metal or rubber for weight-saving plastics.
Changes in regional demand will also have an effect on the production structure of manufacturers. The global PP capacity of about 62 million is likely to be increased by more than 23.5 million tonnes by 2019. More than 57% of these new capacities will be built in the Asian-Pacific region.

Packaging most important market sector

Major consumers of PP are producers of flexible and rigid packaging, who accounted for an aggregated demand of more than 50% in 2011. Fibers made from PP as well as consumer good reached a share of around 12% each. Also, the sectors electrics & electronics as well as the transportation and construction industry consumed a notable share of global PP demand with around 6% each. Among other application areas are, for example, medical products such as single-use syringes, Petri dishes, diagnostic devices and catheter. Decorative ribbons, corrugated cardboard, and security foils for banknotes are partially made from PP. The most comprehensive report worldwide analyzes how PP use will develop in individual sales markets.
For the following eight years, major increase in demand at 5.8% per year is expected for the transportation industry. At the other end of the spectrum is fibers with an AAGR of 2.8% only; the by far major application area will, however, remain the sector flexible and rigid packaging, albeit with significant regional and country-specific differences.

The Study in Brief:

Chapter 1 is a concise overview of the different production methods and processing techniques of PP. In addition, this chapter provides the most important information on PP's characteristics, application areas, recycling possibilities, disposal options and legal situation.
Chapter 2 is a presentation and analysis of the global PP market. It provides in-depth analyses on demand, production and capacities, as well as revenue and price development. Moreover, you will gain insight into the development of individual regions and global market dynamics.
Chapter 3, 30 countries are analyzed in detail: PP demand, revenues, production, and imports & exports during past eight years are described. In addition, this chapter provides forecasts up to 2019. Attention is also given to the production capacities of various countries and how these capacities are to be expanded in the future.
Chapter 4 The application areas of PP, for example flexible and rigid packaging, fibers, automotive industry, electrics and electronics, consumer goods, construction industry and other application areas are analyzed thoroughly. Data on demand development, split by Western Europe, Eastern Europe, North America, South America, Asia-Pacific, the Middle East, and Africa as well as consumption figures for specific regions will be given.
Chapter 5 is a useful list of producers that provides profiles of PP manufacturers – clearly arranged according to contact details, turnover, profit, product range, production sites, profile summary, and capacities. Detailed profiles are given for 117 producers, for example Sinopec Corp., LyondellBasell Industries N.V., Braskem S.A., China National Petroleum Corp., Total S.A., Saudi Basic Industries Corp., Reliance Industries Ltd., Borealis AG, Ineos Group Ltd., and Exxon Mobil Corp.

About Ceresana Research

Ceresana (ceresana.com) is the most trusted market research company for the industry. The expert team has the information and tools to guide clients to success. They provide reliable and comprehensive market analyses and forecasts, which help customers to compete the best in their market segment.
Several 1,000 companies from more than 55 countries already profit from Ceresana’s global market intelligence to achieve and maintain a sustainable competitive advantage. Ceresana offers multi-client reports as well as single-client studies, tailored to your specific business requirements. Highest quality services will help you to increase revenues, reduce risks, and strengthen your market position.
The Ceresana business analysts are specialists in markets such as chemicals, plastics, additives, commodities, industrial components, packaging, and construction materials.

 
 
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Popular Plastic - Ceresana Updates Report on the Global Polypropylene Market

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