Polypropylene decreased 66 CNY/T or 0.89% since the beginning of 2025, 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.

The global polypropylene in primary forms market expanded to $120.6B in 2024, growing by 1.8% against the previous year. In general, the total consumption indicated tangible growth from 2012 to 2024: its value increased at an average annual rate of +3.3% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -3.7% against 2022 indices.

The cost of polypropylene glass-filled compound (PPGFC) varied a lot in India in Q4 2023. Bullish attitude, steady supply, and rising demand from downstream sectors all had an impact on the market. The rising costs of crude oil and polypropylene (PP) feedstock brought attention to supply limitations among investors. PPGFC demand skyrocketed, especially in the car industry due to higher consumer spending during holidays like Diwali.

Polypropylene Glass Filled Compound Prices December 2023

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The propylene prices in the United States for Q3 2024 reached 1130 USD/MT in September. The region faced supply issues and increased demand, with maintenance shutdowns and delays tightening availability. July saw prices surge with higher feedstock costs. Furthermore, September showed a dip due to decreased automotive sector orders, but an overall upward trend remained.

The Polypropylene Packaging Films Market Report is Segmented by Type (BOPP and CPP), Application (Food, Beverage, Pharmaceutical and Healthcare, and Industrial), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Volume (Tonnes) for all the Above Segments.

Polypropylene Random Copolymer Market size was valued at USD 7.19 Billion in 2024 and is projected to reach USD 10.15 Billion by 2031, growing at a CAGR of 4.40% from 2024 to 2031.

Global Polypropylene Random Copolymer Market Definition

Polypropylene (PP), also known as polypropene, is a thermoplastic resin which is used in a wide variety of applications and is manufactured through the polymerization of propylene and ethylene. The physical properties of polypropylene are altered when ethylene is added. Ethylene molecules make up roughly 1 to 7 percent of random copolymer polypropylene, while propylene molecules make up 93 to 99 percent. It is partially crystalline, tough, rigid, non-polar, and has a high chemical resistance.

It also offers good thermal and mechanical properties which is why it is one of the most widely produced and cheapest plastics available today. It has applications both as a plastic and fiber and is commonly used in packaging, labelling, textiles, stationery, laboratory equipment, plastic parts and reusable containers, polymer banknotes, and automotive components.

The Belgian polypropylene in primary forms market surged to $1.7B in 2024, rising by 675% against the previous year. In general, consumption, however, saw a noticeable reduction. Over the period under review, the market hit record highs at $3B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The Myanmar's polypropylene in primary forms market declined to $979M in 2024, with a decrease of -6% against the previous year. In general, the total consumption indicated a mild expansion from 2012 to 2024: its value increased at an average annual rate of +1.7% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -16.2% against 2021 indices.

Polypropylene Honeycomb Market size was valued at USD 102.7 Billion in 2023 and is projected to reach USD 142.6 Billion by 2031, growing at a CAGR of 6.3% during the forecast period 2024-2031.

Global Polypropylene Honeycomb Market Drivers

The Automotive Sector’s Growing Demand: The market for polypropylene honeycomb is significantly influenced by the automobile sector. Lightweight materials are now crucial as producers look to improve fuel economy and lower emissions. High strength-to-weight ratios make polypropylene honeycomb structures perfect for both the outside and interior of automobiles. Furthermore, manufacturers are urged to use lightweight materials to counteract battery weight due to the continued trend toward electric vehicles. The use of polypropylene honeycomb products is further encouraged by regulatory pressures for increased fuel economy and emission reductions.

North America Thermoplastics Market size was valued at USD 54.96 Billion in 2024 and is projected to reach USD 85.64 Billion by 2032, growing at a CAGR of 5.7% from 2026 to 2032.

North America Thermoplastics Market: Definition/Overview

Thermoplastics are polymer materials that become flexible or moldable at high temperatures and solidify when cooled. In North America, thermoplastics are highly regarded for their adaptability, durability, and recyclability. These materials include polyethylene (PE), polypropylene (PP), polystyrene (PS), and polyvinyl chloride (PVC), among others. They are frequently utilized in industries including automotive, construction, healthcare, and packaging due to their ability to be reshaped repeatedly without losing structural integrity. Thermoplastics are vital in modern production due to their wide range of applications, which include lightweight automotive components, medical equipment, food containers, and construction pipes.

Global Biobased Polypropylene - PP market size 2025 was XX Million. Biobased Polypropylene - PP Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Global Post consumer recycled plastics market is expected to grow above a CAGR of 6% and is anticipated to reach over USD 10.2 billion by 2026. Post-consumer recycled plastic is obtained from a product that was used by the consumer and has completed its life cycle and it will be disposed as a solid waste product.

The size of the Asia Pacific Plastic Packaging market is growing at a steady rate, reflecting impressive expansion over the past few years. It is expected that substantial growth will take place in the forecast period spanning 2024 to 2031.

Asia Pacific Plastic Packaging Market Dynamics

The key market dynamics that are shaping the Asia Pacific plastic packaging market include:

Key Drivers

Demand for Convenience Packaging: The rising demand for convenient, ready-to-use products is expected to drive the growth of the plastic packaging market in the Asia Pacific region. Packaging solutions that offer portability, ease of use, and extended shelf life are anticipated to see increasing adoption across multiple industries.

In 2024, the Costa Rican polypropylene in primary forms market was finally on the rise to reach $25M for the first time since 2021, thus ending a two-year declining trend. Overall, consumption, however, recorded a pronounced decrease. Polypropylene in primary forms consumption peaked at $34M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

The Extruded Polypropylene (XPP) Foam Market is segmented by Type (Low-Density XPP Foam and High-Density XPP Foam), by End-User Industry (Building & Construction, Automotive, Packaging, and Others), and Geography (Asia-Pacific, North America, South America, Europe, and Middle East & Africa).

The global glass-filled polypropylene (GFPP) market is experiencing robust growth, driven by increasing demand across diverse sectors. The market size in 2025 is estimated at $5 billion, demonstrating significant expansion from its 2019 value. This growth trajectory is projected to continue with a Compound Annual Growth Rate (CAGR) of approximately 6% from 2025 to 2033, leading to a substantial market expansion by the end of the forecast period. Key drivers include the material's superior strength-to-weight ratio, cost-effectiveness, and excellent chemical resistance, making it a preferred choice for diverse applications. The automotive industry, a significant consumer, is leveraging GFPP's properties in lightweighting initiatives to improve fuel efficiency. Similarly, the appliances and furniture sectors are adopting GFPP for its durability and aesthetic qualities. Emerging trends include the development of bio-based GFPP to cater to sustainability concerns and the exploration of new applications in electronics and medical devices. However, market growth faces constraints such as fluctuations in raw material prices and the competitive pressure from alternative materials like glass-fiber reinforced polymers. The market is segmented by application (automotive, appliances, furniture, others) and fiber type (long fiber, short fiber). Major players such as SABIC, Repsol, and Mitsui Chemicals are actively involved in research and development, expanding production capacity, and strategic partnerships to capture market share. The regional distribution reveals a strong presence in North America and Europe, while Asia-Pacific is expected to show significant growth potential in the coming years driven by industrial expansion and infrastructure development. The long-term outlook for the GFPP market remains positive, indicating sustained growth across all major segments and regions. Further technological advancements, focused on enhancing the material's performance characteristics and expanding its application scope, will play a crucial role in shaping the market's future trajectory. Continued investment in sustainable production processes will also influence market dynamics. The competitive landscape will remain intense, with existing players focusing on innovation, product differentiation, and geographic expansion. The potential for diversification into new niche markets, especially in high-growth sectors such as renewable energy, will further fuel market expansion. The continuous demand for lightweighting solutions and the increasing awareness regarding sustainable materials will provide additional impetus to GFPP market growth. This comprehensive report offers an in-depth analysis of the global glass filled polypropylene (GFPP) market, projecting robust growth. We estimate the market value to surpass $8 billion by 2028, driven by increasing demand across diverse sectors. This report leverages extensive primary and secondary research to provide actionable insights into market trends, competitive dynamics, and future growth opportunities. Keywords: Glass Filled Polypropylene, GFPP, Polypropylene Composites, Automotive Plastics, Appliance Manufacturing, Furniture Manufacturing, Market Size, Market Share, Industry Trends, Market Analysis.

The size and share of the market is categorized based on Type (Transparent, Non Transparent) and Application (Automotive, Household Appliances, Wind and Solar power, Aerospace, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

In 2024, the Scandinavia polypropylene in primary forms market was finally on the rise to reach $512M for the first time since 2021, thus ending a two-year declining trend. The total consumption indicated a slight increase from 2012 to 2024: its value increased at an average annual rate of +1.0% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

The SADC polyolefins other than polypropylene market dropped slightly to $952M in 2024, with a decrease of -5% against the previous year. The total consumption indicated perceptible growth from 2012 to 2024: its value increased at an average annual rate of +3.1% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -6.9% against 2021 indices.

Global Polypropylene Lamination Films Market, By Solution, End-User, Types, Country, Industry Trends and Forecast to 2030