| Product Code: ETC5054423 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to see a high concentration of polypropylene import shipments, with top exporters including Austria, Greece, Israel, South Korea, and Saudi Arabia. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 0.57%, while the growth rate from 2023 to 2024 surged to an impressive 39.06%. This suggests a significant uptick in demand for polypropylene in Cyprus, driven by imports from key trading partners.

The Polypropylene market in Cyprus is projected to grow at a stable growth rate of 1.51% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

The Polypropylene market in Cyprus is essential for producing a wide range of plastics used in packaging, textiles, and automotive components. Polypropylene is valued for its versatility, strength, and resistance to chemicals. The market is characterized by increasing demand for sustainable materials and innovations aimed at enhancing performance. As industries seek efficient and eco-friendly solutions, the polypropylene market is expected to expand.
The polypropylene market in Cyprus is driven by the increasing demand for versatile and durable materials across various industries, including packaging, automotive, and textiles. As manufacturers seek cost-effective solutions that offer excellent performance, polypropylene is becoming essential. The growth of the packaging industry, in particular, stimulates demand for polypropylene as businesses prioritize lightweight and durable materials.
In the polypropylene market, Cyprus encounters challenges associated with raw material volatility and market competition. The availability and pricing of feedstocks can fluctuate, impacting production costs and supply chain stability. Additionally, competition from alternative materials, including bioplastics and recycled polymers, can pressure pricing and market share, necessitating ongoing innovation to remain competitive. Manufacturers must also navigate regulatory requirements regarding the environmental impact of polypropylene.
Government policies promote the polypropylene market by encouraging local manufacturers to develop high-quality products for various applications, including packaging and textiles. Initiatives focus on enhancing sustainability and innovation in production processes, providing funding for research into eco-friendly alternatives and advanced materials.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Polypropylene Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Polypropylene Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Polypropylene Market - Industry Life Cycle |
3.4 Cyprus Polypropylene Market - Porter's Five Forces |
3.5 Cyprus Polypropylene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Polypropylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Polypropylene Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Cyprus Polypropylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Polypropylene Market Trends |
6 Cyprus Polypropylene Market Segmentations |
6.1 Cyprus Polypropylene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Polypropylene Market Revenues & Volume, By Homopolymer, 2021-2031F |
6.1.3 Cyprus Polypropylene Market Revenues & Volume, By Copolymer, 2021-2031F |
6.2 Cyprus Polypropylene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Polypropylene Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.3 Cyprus Polypropylene Market Revenues & Volume, By Fiber & Raffia, 2021-2031F |
6.2.4 Cyprus Polypropylene Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.5 Cyprus Polypropylene Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.3 Cyprus Polypropylene Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Polypropylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Cyprus Polypropylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Cyprus Polypropylene Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Cyprus Polypropylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.6 Cyprus Polypropylene Market Revenues & Volume, By Medical, 2021-2031F |
7 Cyprus Polypropylene Market Import-Export Trade Statistics |
7.1 Cyprus Polypropylene Market Export to Major Countries |
7.2 Cyprus Polypropylene Market Imports from Major Countries |
8 Cyprus Polypropylene Market Key Performance Indicators |
9 Cyprus Polypropylene Market - Opportunity Assessment |
9.1 Cyprus Polypropylene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Polypropylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Polypropylene Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Cyprus Polypropylene Market - Competitive Landscape |
10.1 Cyprus Polypropylene Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Polypropylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |