Polypropylene fell to 6,818 CNY/T on September 12, 2025, down 0.50% from the previous day. Over the past month, Polypropylene's price has fallen 3.81%, and is down 9.25% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Polypropylene.

Why did the Polypropylene (PP) Price Change in July 2025? The Polypropylene (PP) spot price decreased by approximately 10.9% quarter-over-quarter in Q2 2025, reflected in a declining Price Index.

Get comprehensive insights into the Polypropylene market, with a focused analysis of the Polypropylene price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

In 2023, the global average price of polypropylene (PP) was *** U.S. dollars per ton – a decrease of *** U.S. dollars, compared with the previous years. The global polypropylene market The global polypropylene market was valued at ****** billion U.S. dollars in 2022. The global PP market is projected to continue growing over the next decade, registering a CAGR of *** percent during the forecast period of 2023 to 2030 to reach a value of ****** billion U.S. dollars. This will see the polypropylene market volume rise to over 100 million metric tons by 2030. Polypropylene end-uses Polypropylene is one of the most commonly used thermoplastics due to its elasticity and durability and is used across a wide range of end-uses including electronics, transportation, and construction. However, the major end-user of polypropylene is the plastic packaging industry.

Why did the Recycled Polypropylene Price Change in July 2025? The R-PP Spot Price in the USA demonstrated steady performance across Q2 2025, with the Price Index showing no significant fluctuations over the three-month period.

The monthly price of propylene worldwide experienced fluctuations between 2020 and 2024. The highest figure in the period under consideration was observed in March 2022 when propylene price reached ***** U.S. dollars per metric ton. In October 2024, the global price of propylene amounted to *** U.S. dollars.

Why did the Polypropylene Glass Filled Compound Price Change in July 2025? Price Index for Polypropylene Glass-Filled Compound in North America remained largely stable through April and May 2025, with marginal fluctuations driven by feedstock volatility and production adjustments.

Global polypropylene (PP) prices have increased significantly in 2021, and reached ***** U.S. dollars per metric ton on March 10, 2021. This was an increase of roughly ** percent compared to prices on January 6, 2021. In February 2021, winter storm Uri hit the United States, causing an energy crisis in Texas. Chemical plants in Texas suffered power outages - including the world's largest petrochemical complex - leading to major supply chain disruptions. As a result, polypropylene prices soared.

Get the latest insights on price movement and trend analysis of Propylene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Explore how crude oil prices, supply chain, demand dynamics, geopolitical factors, and industry innovations influence the cost of polypropylene. Gain insights into the factors impacting this versatile plastic's market price for informed business and investment decisions.

Explore the fluctuating price trends of polypropylene per pound, influenced by global oil prices, supply chain dynamics, and sector-specific demand. Stay informed about the 2023 market factors affecting this versatile polymer.

Graph and download economic data for Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Polypropylene/Polypropylene Multiweb Laminated Rolls and Sheets, for Flexible Packaging Uses (WPU09130322B1) from Dec 2011 to Jan 2019 about flexible, paper, production, commodities, PPI, price index, indexes, price, and USA.

Why did the Propylene Price Change in July 2025? The Propylene Price Index in APAC declined by 5.1% over Q2 2025 compared with Q1. Prices settled at USD 876/MT, Propylene FOB Qingdao by the end of June.

The North American polypropylene (PP) market exhibited predominantly bullish conditions during Q1 2025, with prices increasing by approximately 9%. This was driven by production disruptions, force majeures, and adverse weather conditions. In January, production rates remained below 80% due to the shutdown of LyondellBasell's Houston refinery, contributing to tight supply. Spot prices rose 5.5 cents/lb. as panic buying ensued following announced price hikes of USD 66/MT by major producers.

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Polypropylene Market Size 2025-2029

The polypropylene market size is forecast to increase by USD 28.6 billion at a CAGR of 4% between 2024 and 2029.

The market is driven by the surging demand for packaging applications due to its lightweight, durable, and versatile properties. This trend is further fueled by the increasing consumer preference for convenient and eco-friendly packaging solutions. Another significant development in the market is the emergence of bio-based polypropylene, derived from renewable resources, which is gaining traction due to its sustainability benefits. Producers must address these concerns through innovation and the adoption of circular economy principles to ensure long-term growth and competitiveness.
Companies can capitalize on the market's potential by focusing on research and development of eco-friendly polypropylene alternatives and implementing sustainable production processes. Additionally, strategic collaborations and partnerships can help companies navigate the competitive landscape and stay ahead of industry trends. However, the market faces challenges from the harmful effects of polypropylene on the environment, particularly its contribution to plastic waste and pollution.

What will be the Size of the Polypropylene Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic market, quality assurance plays a pivotal role in ensuring the production of superior yarns through rigorous testing methods such as thermogravimetric analysis and differential scanning calorimetry. These tests provide valuable insights into fiber properties like heat deflection temperature, melt flow rate, and crystallinity, which significantly impact product performance. Sheet extrusion and injection molding machines are essential tools in producing high-quality polypropylene sheets and parts, respectively. This versatile plastic's applications span across numerous sectors, including automotive parts, consumer goods, medical devices, packaging films, and more. Flexural testing and impact testing are crucial in evaluating the mechanical properties of these products. Nonwoven manufacturing processes employ various testing techniques, including tensile testing and Vicat softening point determination, to ensure optimal product performance.

Syndiotactic polypropylene, with its unique properties, is gaining popularity in various applications due to its superior heat resistance and improved impact strength. Intellectual property protection is essential in the competitive market, with companies investing in research and development to create innovative solutions. Gas chromatography and nuclear magnetic resonance are essential tools in material characterization, ensuring the production of isotactic and atactic polypropylene with consistent quality. Mold design and application development are ongoing processes in the polypropylene industry, with continuous efforts to optimize production processes and expand the range of applications for this versatile material. Spinning machines play a crucial role in fiber manufacturing, ensuring the production of high-quality polypropylene fibers for various industries.

How is this Polypropylene Industry segmented?

The polypropylene industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Homopolymer
  Copolymer


Application

  Injection molding
  Extrusion molding
  Blow molding
  Others


Product Type

  Fiber
  Film and sheet
  Raffia
  Others


Geography

  North America

    US


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The Homopolymer segment is estimated to witness significant growth during the forecast period. The homopolymer segment dominates the market due to its wide range of applications and cost-effectiveness. With exceptional mechanical properties and ease of processing, this segment holds a significant market share. In packaging applications, homopolymer polypropylene is extensively used in producing films, containers, and bottles, owing to its high heat resistance and chemical resistance. The automotive industry also relies on homopolymer polypropylene for manufacturing interior components, such as dashboards and door panels, because of its durability and resistance to corrosion. The construction sector utilizes homopolymer polypropylene for pipes and fittings due to its long-lasting nature.

The manufacturing processes for polypropylene involve melt spinning for producing fibers and melt processing for creating various

Graph and download economic data for Producer Price Index by Industry: Plastics Packaging Film and Sheet Manufacturing: Polypropylene/Polypropylene Multiweb Laminated Rolls and Sheets, for Flexible Packaging Uses (PCU32611232611231) from Jun 2007 to Jun 2013 about flexible, plastics, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The average price of propylene amounted to some *** U.S. dollars per metric ton in 2023, down from *** dollars per metric ton one year earlier. Production and uses of propylene Propylene, also known as propene, ranks as the second most-consumed primary petrochemical worldwide, only after ethylene. In 2022, propylene accounted for ** percent of the global primary petrochemical consumption. Most of the propylene produced is used to manufacture polypropylene, one of the most common thermoplastic materials used today. The petrochemical compound is also used extensively as a building block to produce diverse chemicals such as isopropyl alcohol, propylene oxide, acrylonitrile, and acrylic acid. In 2020, the global production capacity of propylene stood at *** million metric tons. Polypropylene market The market volume of polypropylene is forecast to follow an increasing trend during the next years, reaching approximately 100 million metric tons by 2029. Similarly, the market value of the compound is expected to increase by more than ** percent in 2029 in comparison with 2021. Similarly to the development of the price of propylene during the last year, the average price of polypropylene in 2023 showed a small decrease in comparison with 2022.

¿Por qué cambió el precio del polipropileno reciclado en julio de 2025? El R-PP Spot Price en los EE.UU. demostró un desempeño constante en el 2º trimestre de 2025, con el Índice de Precios que no mostró fluctuaciones significativas durante el período de tres meses.

China Settlement Price: Dalian Commodity Exchange: Polypropylene: 1st month data was reported at 7,122.000 RMB/Ton in 13 May 2025. This records an increase from the previous number of 7,077.000 RMB/Ton for 12 May 2025. China Settlement Price: Dalian Commodity Exchange: Polypropylene: 1st month data is updated daily, averaging 8,300.500 RMB/Ton from Feb 2014 (Median) to 13 May 2025, with 2724 observations. The data reached an all-time high of 12,035.000 RMB/Ton in 16 Jun 2014 and a record low of 5,874.000 RMB/Ton in 14 Jan 2016. China Settlement Price: Dalian Commodity Exchange: Polypropylene: 1st month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price: Daily.

The Recycled Polypropylene (R-PP) market in North America experienced a gradual upward trend in prices throughout Q1 2025, driven by the growth in feedstock costs and constrained post-consumer Polypropylene (PP) bale supply. Especially in USA, during January, prices remained stable, indicating continuous R-PP purchases by downstream companies despite macroeconomic uncertainties. February saw drastic growth in feedstock costs, particularly for post-consumer PP bales, which nearly doubled since last fall, tightening the supply and pressuring R-PP margins.