Polypropylene also called as polypropene. It is one of the widest and most consumed polymer resin across the globe. However, it is heavy molecular thermoplastic polymer and synthetic that can be simply created through catalytic propylene polymerization. Owing to its improved quality, the demand for polypropylene is growing at a rapid pace, especially in automotive as well as disposable industry. This growth has majorly resulted into huge number of lucrative opportunities for the polypropylene market across the world. In addition, the replacement of metal with polypropylene is one of the major trends that is expected to contribute to the growth of the global polypropylene market into coming years. Likewise, the growing demand for polypropylene across the packaging sector is anticipated to stimulate the industry demand over the prediction period. Various factors such as improved surface finish, huge tensile strength, enhanced barrier properties, as well as low cost enables this material to be an ideal product for the number of different packaging applications.
Due to the huge number of applications of polypropylene in several industries, the product has emerged as the most versatile polymer. It is used in various different applications such as automobile, geotextile, construction, electrical, medical, electronics, and others. Such huge number of applications are likely to have a positive influence on the polypropylene market across the globe. Opportunities are generating in the adoption of eco-friendly products, as such, the bio-based polypropylene demand is growing at significant pace. On the other hand, fluctuating prices of the polypropylene is mostly depends on the crude oil is one of the major restraining factors of the global polypropylene market. In addition to this, recent advancements in the injection molding technologies including multiple-component injection as well as microinjection along with the innovative injection molding techniques majorly resulting into efficient and improved end products, however, this factors is also boosting the adoption of this technique across the production process of different polypropylene products.
Polypropylene films’ have low moisture or vapor transmission and excellent optical clarity which makes it ideal for adoption in food packaging industry. Moreover, graphic arts applications, electronic industry films, as well as disposable diaper tabs are some of other applications of the polypropylene. Growing demand for lightweight products in automobiles is expected to boost the market demand around the world. Polypropylene plays vital role in automotive industry, in manufacturing and designing of automobiles which also witnessing a huge growth in the recent years. This is owing to the rising demand for affordable, lightweight, and fuel-effective vehicles worldwide. Fuel efficiency has become one of the major requirement in automobile vehicle manufacturing due to the growing fuel prices and severe environmental standards that helps to grow the demand for automobiles and increase in the disposable level rate in emerging economies is expected to boost the growth of the global polypropylene market. The huge growth of the packaging, automotive, and chemical processing industries globally are likely to provide a huge number of opportunities for injection molding, which also increasing the demand for these products.