China polypropylene market is projected to witness sturdy growth during the forecast period, owing to the speedy growth of the Chinese economy influenced by various macroeconomic factors such as rising urbanization, increasing population, and rapid scaling of industrialization.
The Important Elements of China Polypropylene Market
Besides, increasing applications and consumer consumption of end products are expected to fuel market growth. Additionally, the growing demand for efficient plastic packaging products, owing to their properties such as superior working temperature, high tensile strength, high chemical resistance, low moisture absorption, etc. is expected to create lucrative growth opportunities for key players in China’s polypropylene market.
Moreover, rising demand for polypropylene from various end-user industries such as automotive, consumer goods, electronics, etc., and the emergence of technologies such as spherical, Unipol PP, novolen, innovate PP, etc. are fuelling the growth of China polypropylene market. Furthermore, the growing application of polypropylene in packaging materials, binders, boxes, portfolios, etc. is anticipated to drive market growth in the coming years. However, fluctuating prices of crude oil and the high availability of substitutes for polypropylene might hinder the growth of China polypropylene market in the coming years.
China polypropylene market is segmented on the basis of production technologies, applications, and region. Based on production technologies, the market is divided into unipol, spherical, montedison, nonviolence, and innovative.
The spherical segment is expected to dominate China polypropylene market, owing to their high adoption for the production of polypropylene as it provides high production efficiency compared to other technologies. Based on application, the market is divided into raffia, impact copolymers, random copolymer, tubular quenched pp, biaxially-oriented polypropylene & others. The raffia segment is expected to hold a significant share in the market during the forecast period, owing to their properties such as chemical resistance, low density, outstanding property balance, etc.
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China Polypropylene market is majorly dominated by these players, namely
- Sinopec
- Aramco Far East (Beijing) Business Services Company Limited
- PetroChina Company Limited, etc.
Attribute | Details |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
Segments covered | · By Production Technologies
· By Application |
Region scope | East China, North & North-East China, Southwest China, South-Central China, and Northwest China |
Key companies profiled | Sinopec, Aramco Far East (Beijing) Business Services Company Limited, PetroChina Company Limited |
Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, the China polypropylene market has been segmented into the following categories in addition to the industry trends which have also been detailed below:
- China Polypropylene Market, by Production Technology:
- Unipol
- Spheripol
- Montedison
- Novolene
- Innovene
- China Polypropylene Market, by Application:
- Raffia
- Impact copolymers
- Random copolymer
- Tubular Quenched PP
- Biaxially-Oriented Polypropylene
- Others
- China Polypropylene Market, By Region:
- East China
- North & North-East China
- Southwest China
- South-Central China
- Northwest China
Competitive Landscape
Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, production plants, market pricing, sales footprint, target customer types, etc.
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Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
- Global Polypropylene Market Overview
- China Polypropylene Market Outlook
6.1. Demand & Supply Analysis
6.2. Market Size & Forecast
6.2.1.By Value
6.2.2.By Volume
6.3. Market Share & Forecast
6.3.1.By Production Technologies (Unipol, Spheripol, Montedison, Novolene and Innovene)
6.3.2.By Application (Raffia, Impact copolymers, Random copolymer, Tubular Quenched PP, Biaxially-Oriented Polypropylene & Others)
6.3.3.By Region (East China, North & North-East China, Southwest China, South-Central China and Northwest China)
6.3.4.By Company
- Value Chain Analysis
- Pricing Analysis
- Market Dynamics
9.1. Drivers
9.2. Challenges
- Market Trends & Developments
- Import-Export Analysis
- Policy & Regulatory Landscape
- China Economic Profile
- Competitive Landscape
14.1. Competition Benchmarking
14.2. Company Profiles
14.2.1. Sinopec
14.2.2. Aramco Far East (Beijing) Business Services Company Limited
14.2.3. PetroChina Company Limited
- Strategic Recommendations