Latest 2021 Developments:
Europe Polypropylene Market has witnessed development of new grades of resin which offer higher clarity and faster cycling despite of the pressures. SABIC has recently launched its new PP pilot plant in Geleen. It will serve to develop products with improved balance in stiffness, impact resistance and flow properties. It will also use gas-phase polymerization technology to develop next-generation PP materials. Sulzer Chemtech and Borealis have introduced a new polypropylene foam extrusion technology that allows for cost savings and greater efficiency throughout the value chain.
Mergers And Acquisition:
- On 04 April 2020, Borealis acquired full ownership of NOVA Chemicals.
- On 01 Jan 2021, INEOS completed the acquisition of BP’s global Aromatics & Acetyls business.
- On 03 Sept 2020, INEOS completed the acquisition of the Ashland Composites Business.
- On 17 June 2020, Aramco announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC).
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Increasing industrialization, surge in the utilization of plastic products in industries and growing penetration of 3D printing market in the region has propelled the demand for Polypropylene market in the Europe region. The features of Polypropylene such as lightweight, flexible and no absorption of water makes it a perfect component in consumer goods resulting in a further increase in market demand in the forthcoming years.
According to 6Wresearch, Europe Polypropylene Market size is anticipated to register growth during 2019-25. Based on polypropylene types, the market can be broadly categorized into homopolymer and copolymer. Homopolymer polypropylene has acquired major revenue share in 2018 owing to its features including high strength to weight ratio and is expected to lead the demand during the forecast period.
In the overall Europe Polypropylene market share, United Kingdom has captured majority of the market revenues in 2018 especially in the molding application to manufacture consumer goods. However, Germany and France are projected to register maximum growth in market revenues owing to the increasing investment by the government for setting up of new industries, especially in the automotive and consumer goods manufacturing sector.
The Europe polypropylene market report thoroughly covers the market by types, verticals and countries including France, Italy, Germany, United Kingdom and rest of Europe. The Europe polypropylene market outlook report provides an unbiased and detailed analysis of the on-going Europe polypropylene market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Europe Polypropylene Market Overview
- Europe Polypropylene Market Outlook
- Europe Polypropylene Market Forecast
- Historical Data of Europe Polypropylene Market Revenues for the Period 2015-2018
- Europe Polypropylene Market Size and Europe Polypropylene Market Forecast of Revenues, Until 2025
- Historical Data of Europe Polypropylene Market Revenues, by Types, for the Period 2015-2018
- Market Size & Forecast of Europe Polypropylene Market Revenues, by Types, Until 2025
- Historical Data of Europe Polypropylene Market Revenues, By Vertical, for the Period 2015-2018
- Market Size & Forecast of Europe Polypropylene Market Revenues, By Vertical, Until 2025
- Historical Data of Germany Polypropylene Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Germany Polypropylene Market Revenues, Until 2025
- Historical Data of Italy Polypropylene Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Italy Polypropylene Market Revenues, Until 2025
- Historical Data of France Polypropylene Market Revenues, for the Period 2015-2018
- Market Size & Forecast of France Polypropylene Market Revenues, Until 2025
- Historical Data of United Kingdom Polypropylene Market Revenues, for the Period 2015-2018
- Market Size & Forecast of United Kingdom Polypropylene Market Revenues, Until 2025
- Market Drivers and Restraints
- Europe Polypropylene Market Price Trends
- Europe Polypropylene Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Europe Polypropylene Market Share, By Players
- Europe Polypropylene Market Share, By Regions
- Europe Polypropylene Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The Europe Polypropylene Market report provides a detailed analysis of the following market segments:
- By Types:
- Homopolymer
- Copolymer
- By Verticals:
- Packaging
- Automotive
- Building & Construction
- Electrical & Electronics
- Others
- By Countries:
- Germany
- Italy
- France
- United Kingdom
- Rest of Europe
Other Key Reports Available:
- Global Polypropylene Market Report
- Germany Polypropylene Market Report
- Italy Polypropylene Market Report
- France Polypropylene Market Report
- United Kingdom Polypropylene Market Report
