The global polypropylene market is segmented based on type, process, application, end use, and region. Based on type, the polypropylene Market is segmented into homopolymer and copolymer. Copolymer is among the most versatile thermoplastic polymer, having applications in packaging, injection molding, thermoforming, blow molding, and others. High impact resistance, optimum thermal resistance, good optical, and flexibility properties would further enhance the use of copolymer in food containers, auto-components, and vessels. Copolymer has various applications, which include the production of injection molds and medicine bottles in the pharmaceutical industry. It is also used in the production of different types of automobile parts such as dashboards and bumpers.

Stefano Mirti, Husky’s President of Hot Runners and Controllers, stated, “Hot runners are the most critical component in the injection moulding process. This is why we are so focused on improving hot runner design and performance while also finding ways to help customers reduce their cost. Ultra SideGate Inline is another example of an innovation that accomplishes this goal. This new technology provides the same superior part quality, speed and efficiency that our customers have grown accustomed to with the added benefit of tighter part spacing.”

Leading application of polypropylene market are film and sheet. Rising application of polypropylene in packaging materials, binders, boxes, and portfolios owing to its better chemical resistance, high temperature stability, excellent moisture barrier, high temperatures stability, excellent chemical resistance, and exceptional contact clarity is expected to propel the segment growth over the forecast period.

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Asia-Pacific held more than 47% of the polypropylene market revenue share in 2020 due to the growing demand for polypropylene from the automotive and packaging sector, especially in countries such as India, China, and Japan, is expected to drive the market in the region.

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Asia Pacific dominated the market and accounted for over 47% share of the global revenue in 2020. Growing demand for polypropylene from the automotive and packaging sector, especially in countries such as India, China, and Japan, is expected to drive the market in the region. The presence of market leaders such as Formosa Plastics Group, China Petrochemical Corporation, LG Chem, and Sumitomo Chemical in the region is also expected to augment the demand for polypropylene in the region in the coming years.

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The inline option provides the same features of Husky’s standard Ultra SideGate, which allows for high cavitation moulds with a small footprint, offering mould makers additional design flexibility. In addition, by direct-gating parts with Ultra SideGate, Husky states that moulders could achieve significant materials savings, faster cycle times and better performance across a wider temperature range during injection moulding. The technology also allows direct access to individual tips without removing the mould from the injection moulding machine, reducing maintenance time.

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Industrial injection moulding technology supplier Husky Injection Molding Systems, Bolton, Canada, has released a new type of inline hot runner for injection moulding applications. According to the company, the Ultra SideGate™ Inline hot runner has been designed and optimised for challenging applications with high-balance requirements such as long, thin parts and is ideal for part spacings as low as 18 mm. The hot runner also offers optional tip control technology, enabling moulders to ensure the best part quality possible for challenging applications.

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The polypropylene market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).

Polypropylene helps in minimizing the possibility of food deterioration and has excellent moisture resistance, which increases its acceptability for effective food packaging solutions in the food and beverage industry. Based on type, the polypropylene Market is segmented into homopolymer and copolymer. Copolymer is among the most versatile thermoplastic polymer, having applications in packaging, injection molding, thermoforming, blow molding, and others.

Based on process, the polypropylene market is segmented into injection molding, blow molding. Injection molding led the market and accounted for over 36% share of the global revenue in 2020. A wide range of applications of injection-molded polypropylene in various end-use markets, such as automotive, packaging, and electrical and electronics, owing to its excellent high impact strength, moisture resistance, and chemical resistance is expected to drive the demand for injection molded polypropylene products over the forecast period.

The Ultra SideGate Inline features nozzle tips which are mounted separately from the nozzle housing into one-piece cavity inserts before hot half assembly. According to Husky, this approach minimises the impact of thermal expansion on tip position, which can impact balance and gate quality.

The polypropylene market size had crossed USD 78 billion in 2020 and will observe a CAGR of more than 5% up to 2029 driven by the rising application of polypropylene material in the packaging industry, where demand is especially associated with the ascending consumption of packed food and beverages.

The polypropylene market key players include LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, SABIC, DuPont, INEOS, Formosa Plastics Corporation, China Petrochemical Corporation, and LG Chem, Eastman Chemical Company, BASF SE, Reliance Industries Limited, Westlake Chemical Corporation, Braskem.

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The falling demand for polypropylene hit the global polypropylene market in 2020. However, the emergence of new opportunities in the market, including polypropylene gloves, nonwoven polypropylene for N95 masks, and polypropylene plungers in the medical industry, drove the market growth. Apart from this, the falling price of crude oil created opportunities for the production of polypropylene at low prices; however, due to the curtailment of plant operations and hampering of the supply chain, production was somehow not possible. In present times, due to the widespread acceptance of polypropylene in the packaging industry, the polypropylene market is recovering, and it is expected to witness significant growth in the coming years.

Based on application, the polypropylene market is segmented into Injection Molding, Fiber & Raffia, Film & Sheet, and Blow Molding. Film and sheet segment led the market and accounted for nearly 35% share of the global revenue in 2020. Rising application of polypropylene in packaging materials, binders, boxes, and portfolios owing to its better chemical resistance, high temperature stability, excellent moisture barrier, high temperatures stability, excellent chemical resistance, and exceptional contact clarity is expected to propel the segment growth over the forecast period.

Asia-Pacific is expected to hold the largest market share in terms of revenue, during the forecast period. Growing demand for polypropylene from the automotive and packaging sector, especially in countries such as India, China, and Japan, is expected to drive the market in the region.

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To increase their market position, these businesses have implemented a variety of growth tactics. These companies are using expansion, new product development, mergers and acquisitions, and collaboration as important growth strategies to improve their product portfolio and geographical presence in order to meet the rising demand for polypropylene from emerging economies.

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The global polypropylene market registered a CAGR of 5% from 2022 to 2029. The Injection molding segment was the highest revenue contributor to the market, with 28 billion in 2020, and is estimated to reach 39.85 billion by 2029, with a CAGR of 4%.

The upcoming trends in polypropylene market is the rising demand for the aforementioned components in various end-use industries, coupled with technological advancements and shifting consumer preferences towards lightweight electronics products.

Key players profiled in the report include LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, SABIC, DuPont, INEOS, Formosa Plastics Corporation, China Petrochemical Corporation, and LG Chem, Eastman Chemical Company, BASF SE, Reliance Industries Limited, Westlake Chemical Corporation, Braskem.

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Polypropylene (PP) material is also used for the manufacturing of automotive components, profiles, fashion apparel, and healthcare devices. Rising demand for the aforementioned components in various end-use industries, coupled with technological advancements and shifting consumer preferences towards lightweight electronics products, Polypropylene Market is expected to drive the demand for polypropylene in the coming years.

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However, the lockdown imposed by various governments to contain the spread of the coronavirus pandemic has led to a decline in the consumption of polypropylene and has negatively impacted its demand in various applications. Manufacturers are witnessing difficulties in running production units owing to logistic restrictions and limitations on the movement of people, which are further cascading the negative impact on the product demand. However, the rising need for specialized polypropylene in the healthcare sector for manufacturing medical masks, gowns, and other safety kits is expected to support the product demand in the coming years.

Based on end user, the polypropylene market is segmented into packaging, automotive, building & construction, medical. Packaging segment led the market and accounted for a 35.8% share of the global revenue in 2020. Product properties such as high flexibility and the ability to survive in extreme conditions are expected to drive the demand for polypropylene in the packaging segment. Moreover, demand for polypropylene in packaging is expected to shift severely toward food packaging applications owing to the shutdown of restaurants and foodservice outlets caused by the pandemic.

North America captured a revenue share of over 15% in 2020. One of the major factors driving the market in the region is the increasing use of packaging in the food and beverage industry in countries, such as the U.S., Canada, and Mexico. In addition, the increasing number of R&D centers and rising consumer demand for lightweight automotive components and electronic products are propelling the demand in the region.

The new hot runner is reported to leave virtually no vestige on finished parts (~0.05 mm vestige). By allowing for the use of a single-piece cavity in the design of the mould, the quality issues that often accompany split cavity designs are avoided, such as flash on finished parts, which can occur if the cavities are misaligned. This is particularly critical in the medical industry.

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The global polypropylene market is expected to grow at 5% CAGR from 2022 to 2029. It is expected to reach above USD 121 billion by 2029 from USD 78 billion in 2020.

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Polypropylene is a lightweight material and has a broad range of superior properties, such as resistant to several chemical solvents, acids, and bases, high tensile strength, staining resistance, and low moisture resistance. Owing to its excellent chemical and mechanical properties, it is extensively used in manufacturing automotive components, packaging and labeling, medical devices, and construction, diverse laboratory equipment, among various others. Polypropylene is a thermoplastic material that is used for the manufacture of molded products or fibers. Along with translucent features, it provides strong mechanical and chemical resistance. The significant patterns and factors that confidently promote the industry are excellent rigidity, versatility and lightweight properties. The rising application of polypropylene material in the packaging industry, where demand is especially associated with the ascending consumption of packed food and beverages, is expected to drive the polypropylene Market product demand over the forecast period.