Evaluate your cleared margin requirements using our interactive margin calculator. Among these, automotive segment holds a major share of the market on account of the growing use of polypropylene materials to manufacture high standard and efficient vehicles. The polypropylene market is segmented across five regions in the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Polypropylene packaging films provide superior optical clarity at low cost, which makes them an ideal choice for flexible packaging applications. Major drivers for the polypropylene market include the rising use of plastic components in automotive design and the growing demand for packaging materials. Please choose another time period or contract. Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. Excellent stiffness, flexibility and lightweight properties are the important trends and factors promoting the market confidently. Moreover, the packaging segment is estimated to witness a rapid growth in the market due to advantages offered by the product such as flexibility, less storage space and ability to survive in extreme conditions. It is predicted that the high disposable income and heavy investments in major industries is set to drive the automobile segment to lead the market during the forecast period. Polypropylene is a foldable plastic hence, can easily be formed and molded. Information And Communications Technology. These plastic materials give stiff competition to polypropylene. Ltd.), Synopsis of Polypropylene market, Polypropylene is a thermoplastic material which is used for manufacturing fibers or molded materials. It offers good mechanical and chemical resistance along with translucent features. However, the availability of cheaper substitutes is … Among the various regions, Asia Pacific and Europe are expected to be increasingly lucrative. DUBLIN, March 25, 2019 /PRNewswire/ -- The "Polypropylene (PP): 2019 World Market Outlook and Forecast up to 2023" report has been added … Global Polypropylene (PP) Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion ... Volume reflects consolidated markets. Polypropylene Futures (PP) Trading Underlying Trading Unit ( 1 lot) Polypropylene 5 metric tonnes per contract Disclaimer  |  Privacy Policy  |  Cookie Policy  |  Terms of Use  |  Data Terms of Use  |  Modern Slavery Act Transparency Statement  |  Report a Security Concern. The agriculture segment is projected to witness a higher CAGR in the market due to an extensive use of plastics in increasing the food production and improving the quality of food. Get detailed information about Polypropylene Futures including Price, Charts, Technical Analysis, Historical data, Reports and more. The growing demand from packaging segment is predicted to witness a rapid growth in the market due to its ability to remove odor and traces of food contaminants. There are several plastic materials other than polypropylene, such as polystyrene (PS), polyethylene terephthalate (PET), polyurethane (PUR), polyvinyl chloride (PVC), and polyethylene (PE). All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. The electrical & electronics segment is set to grow at a higher CAGR due to boundless consumption of plastics in mobile phones, tablets, computers, and others. Major applications of polypropylene include agricultural products, automotive fittings, construction products, packaging products, insulation for use in electrical and electronic products, and others. The Latin American region is estimated to witness a recognized development in the market due to growing consumption of thermoplastic materials in chemical, construction & buildings, and energy sectors. Stream live futures and options market data directly from CME Group. The extensive use of plastics as a lightweight and insulating material in electrical & electronics is set to drive the global market during the assessment period.  Moreover, reduction in waste, durability and reliable nature of this product contribute to the important elements which are attributed to the extensive use of polymers in heavy end industries during the projected period, 2017-2023. , Global Polypropylene Market share by application,  , Source: MRFR analysis, Regional Analysis  , The polypropylene market is segmented across five regions in the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. The global polypropylene market is … The growing demand of polypropylene glycol and propylene glycol in pharmacy, healthcare and automotive industries has propelled the countries such as the U.S., Canada and Mexico to achieve a stunning growth in the market. Amongst these plastics materials, polyethylene is the … Polypropylene news and market information products from ICIS. Access real-time data, charts, analytics and news from anywhere at anytime. On the basis of application, the market is further categorized into agriculture, automotive, construction, packaging, electrical & electronics. To get the perfect launch ask for a custom report on Polypropylene Yarn Market. Polypropylene Yarn Market: Regional Analysis. Global Polypropylene Market share by application. The global polypropylene compound market is expected to decline in 2020 due to global economic recession led by COVID-19. The Polypropylene Film Capacitor market report is an all-inclusive study of the current market trends, potential drivers & challenges, application landscape, competition situation, and industry-popular growth strategies, which will empower stakeholders to obtain a clear understanding of this domain. On the basis of application, the market is sub-divided into agriculture, automotive, construction, packaging, electrical & electronics, and others. The Netherlands, Belgium, and Spain are being considered a high-value growth market. ), LANXESS (Germany), Chevron Phillips Chemical Company (U.S.), Eni S.p.A. ( Italy), BASF SE ( Germany), and LG Chem ( South Korea) among others. Polypropylene demand was good and prices held firm, while polyethylene prices stayed flat to lower last week, reports the PlasticsExchange. Additionally, the report also includes a SWOT analysis that concludes the strengths, weaknesses, opportunities, and threats impacting the segments of the overall market. The report titled Global Polypropylene Resins Market 2020 by Manufacturers, Type and Application, Forecast to 2025 is a far-reaching review of the market size and trends with values. The global polypropylene is segmented into application. 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