Polypropylene fell to 7,066 CNY/T on July 11, 2025, down 0.42% from the previous day. Over the past month, Polypropylene's price has risen 0.57%, but it is still 8.28% lower than a year ago, 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.

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.

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.

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.

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.

This statistic shows the price of polypropylene in the United States from 2005 to 2014, with forecasted figures for 2015 to 2020. In 2014 the U.S. price of polypropylene was 389 U.S. dollars per ton, and it is estimated to increase to 526 U.S. dollars per ton in 2020.

In Q1 2025, Polypropylene Glass-Filled (PP-GF) compound prices in North America exhibited moderate upward momentum, underpinned by resilient downstream demand and firm feedstock costs. January began on a stable note, with prices supported by steady procurement from the automotive and electrical sectors, despite mild winter-induced logistics delays. Supply remained balanced, aided by consistent domestic resin production and sustained glass fiber availability.

Global polypropylene (PP) prices have increased significantly in 2021, and reached 2,734 U.S. dollars per metric ton on March 10, 2021. This was an increase of roughly 80 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.

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.

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

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.

Explore the dynamics impacting polypropylene prices, ranging from $1 to $2 per kg, influenced by global supply, demand, and oil market fluctuations. Discover how COVID-19, regional variations, and sustainable practices shape the industry, alongside strategies for mitigating price volatility risks.

The Libyan polypropylene in primary forms market declined to $15M in 2024, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a perceptible downturn.

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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

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.

The Iraqi polypropylene in primary forms market skyrocketed to $22M in 2024, surging by 18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a resilient expansion.

For the third year in a row, the global polypropylene in primary forms market recorded decline in sales value, which decreased by -0.3% to $103.5B in 2024. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $119.5B. From 2022 to 2024, the growth of the global market remained at a somewhat lower figure.

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

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

Explore IMARC’s newly published report, titled “Polypropylene Glass Filled Compound Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of polypropylene glass filled compound pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

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