| Product Code: ETC8632984 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria`s polypropylene compound import market saw a shift in concentration levels from very high to moderate, indicating a more diversified import source base. South Korea, Vietnam, Saudi Arabia, China, and Thailand emerged as the top exporting countries. Despite a negative CAGR from 2020 to 2024, the market experienced a positive growth rate of 5.79% in 2024. This signifies potential opportunities for market expansion and increased competition among suppliers, ultimately benefiting the Nigerian polypropylene compound import sector.

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 Nigeria Polypropylene Compound Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polypropylene Compound Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polypropylene Compound Market - Industry Life Cycle |
3.4 Nigeria Polypropylene Compound Market - Porter's Five Forces |
3.5 Nigeria Polypropylene Compound Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Polypropylene Compound Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Nigeria Polypropylene Compound Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and automotive industries leading to increased demand for polypropylene compounds. |
4.2.2 Government initiatives promoting local manufacturing and industrial development. |
4.2.3 Rising population and urbanization driving the consumption of consumer goods and packaging materials. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production costs of polypropylene compounds. |
4.3.2 Competition from alternative materials such as PVC or PE affecting market share. |
4.3.3 Lack of adequate infrastructure and logistical challenges hindering market growth. |
5 Nigeria Polypropylene Compound Market Trends |
6 Nigeria Polypropylene Compound Market, By Types |
6.1 Nigeria Polypropylene Compound Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polypropylene Compound Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Polypropylene Compound Market Revenues & Volume, By Mineral Filled, 2021- 2031F |
6.1.4 Nigeria Polypropylene Compound Market Revenues & Volume, By Compounded TPO, 2021- 2031F |
6.1.5 Nigeria Polypropylene Compound Market Revenues & Volume, By Compounded TPV, 2021- 2031F |
6.1.6 Nigeria Polypropylene Compound Market Revenues & Volume, By Glass Reinforced, 2021- 2031F |
6.1.7 Nigeria Polypropylene Compound Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Polypropylene Compound Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polypropylene Compound Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Nigeria Polypropylene Compound Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.4 Nigeria Polypropylene Compound Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.5 Nigeria Polypropylene Compound Market Revenues & Volume, By Textile, 2021- 2031F |
6.2.6 Nigeria Polypropylene Compound Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Polypropylene Compound Market Import-Export Trade Statistics |
7.1 Nigeria Polypropylene Compound Market Export to Major Countries |
7.2 Nigeria Polypropylene Compound Market Imports from Major Countries |
8 Nigeria Polypropylene Compound Market Key Performance Indicators |
8.1 Capacity utilization rate of polypropylene compound manufacturers in Nigeria. |
8.2 Percentage of polypropylene compound demand met by local production. |
8.3 Average selling price of polypropylene compounds in the Nigerian market. |
8.4 Number of new product developments or innovations in the polypropylene compound sector. |
8.5 Rate of adoption of sustainable practices in polypropylene compound manufacturing. |
9 Nigeria Polypropylene Compound Market - Opportunity Assessment |
9.1 Nigeria Polypropylene Compound Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Polypropylene Compound Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Nigeria Polypropylene Compound Market - Competitive Landscape |
10.1 Nigeria Polypropylene Compound Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polypropylene Compound Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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