Dublin, Jan. 05, 2026 (GLOBE NEWSWIRE) -- The "Polypropylene Market Global Report by Type, Process, Application, End User, Countries and Company Analysis, 2025-2033" has been added to ResearchAndMarkets.com's offering.
The Polypropylene Market is expected to reach US$ 192.03 billion by 2033 from US$ 129.44 billion in 2024, with a CAGR of 4.48% from 2025 to 2033. Because of its cost-effectiveness and adaptability, the packaging, automotive, and construction industries are expected to drive the worldwide polypropylene market's steady rise over the forecast period.
Key Factors Driving Polypropylene Market Growth
Growth of the Automotive Industry
The move to lighter materials in the automobile industry is one of the main trends in the polypropylene market. Polypropylene is used extensively in automobile parts including dashboards, door panels, bumpers, and interior trimmings because it is lightweight, robust, and flexible. The use of polypropylene is increasing as producers try to comply with stricter fuel economy and emissions standards. Vehicle weight reduction improves fuel efficiency and aids automakers in meeting environmental standards. Polypropylene's cost and recyclability make it a desirable material for use in automobiles.
Furthermore, the market value of polypropylene is rising due to the increased use of electric vehicles (EVs) brought on by people's environmental concerns. Because EVs have the potential to assure environmental sustainability, regulatory organizations in several countries are also encouraging their adoption. According to the International Energy Association (IEA), 17 million EVs were sold worldwide in 2024.
Growing Need for Packaging Uses
Polypropylene is becoming more and more popular as a packaging material in the retail, food and beverage (F&B), and e-commerce industries. Because of its durability, low weight, resistance to moisture, and capacity to preserve food freshness, polypropylene finds extensive application in both rigid and flexible packaging. To reduce environmental deterioration, there is a growing demand for environmentally friendly packaging. Additionally, polypropylene is the preferred material for a variety of packaging styles, including containers, films, and caps, because to its affordability and durability. Convenience, mobility, and sustainability concerns are also driving the increase in demand for polypropylene, particularly in developing nations where urbanization and population expansion are occurring. People are choosing plastic packaging because it is more durable. To meet the increased demand, several businesses are now investing in sophisticated polypropylene compositions.
For example, in 2024, India-based TOPPAN Speciality Films Private Limited (TSF) and TOPPAN Inc., a subsidiary of TOPPAN Holdings Inc. within the TOPPAN Group, developed GL-SP, a barrier film that uses biaxially oriented polypropylene (BOPP) as its substrate. The TOPPAN Group's GL BARRIER1 series of transparent vapor-deposited barrier films for sustainable packaging, which commands a leading market share worldwide, is improved by GL-SP.
Changes in the Construction Sector
The market expansion is being supported by the rising demand for polypropylene in pipelines, roofing, and insulation. Because of its durability, chemical resistance, and weatherproofing properties, polypropylene is a great material for building. The market for polypropylene is expanding as a result of rising urbanization-related demand for residential and commercial space. Green construction approaches also use polypropylene because of its recyclable nature and energy-efficient manufacturing process. Additionally, polypropylene-based geotextiles are widely used in civil engineering projects to stabilize soil and prevent erosion. Polypropylene geotextiles act as a protective layer, stabilizing landscapes and reducing the likelihood of landslides or washouts by allowing water to pass through while retaining soil particles.
Challenges in the Polypropylene Market
Price Fluctuations for Raw Materials
Crude oil and natural gas are major sources of raw materials used in the manufacturing of polypropylene. Therefore, the cost structure of polypropylene manufacturing is greatly impacted by price volatility in the global energy markets. Uncertainty is increased by supply chain interruptions, geopolitical unrest, and shifting energy regulations, which impact end users' pricing stability and producers' profitability. Long-term planning and contract negotiations are hampered by this volatility across the value chain. Production slowdowns can also result from changes in feedstock availability brought on by refinery outages or capacity limitations. Although industry participants are looking into regional sourcing methods and other feedstocks to lessen this, reliance on petroleum-based inputs continues to be a major obstacle to market stability.
Regulatory and Environmental Pressures
Polypropylene is criticized for its environmental impact even though it is recyclable, particularly when improperly handled after consumption. Global regulatory agencies are enforcing more stringent regulations on single-use plastics and polymer trash, which forces producers to develop more environmentally friendly substitutes or improve recycling procedures. Large-scale polypropylene recycling is, however, restricted by infrastructure constraints in many areas, which causes environmental buildup. In addition to affecting public opinion, these pressures increase firms' operating and compliance expenses. Furthermore, changing environmental standards and international trade laws call for constant observation and adjustment, which complicates operations. For polypropylene goods to continue to flourish in the market and be accepted by society, these environmental issues must be resolved.
Recent Developments in Polypropylene Industry:
- June 2025: Leading plastic recycling inventor PureCycle Technologies announced a noteworthy $300 million funding raising. This huge investment will help PureCycle achieve its ambitious objective of installing one billion pounds of recycling capacity in major worldwide markets by the end of the decade. This move is expected to have a big impact on the circular economy for plastics. A new 130-million-pound polypropylene (PP) recycling facility will be constructed as part of this collaboration in IRPC's eco-industrial zone in Rayong, Thailand.
- IKEA on May 2025, Borealis invests over EUR 100 million on a new production line for High Melt Strength Polypropylene (HMS PP) at its Burghausen, Germany, site. The start-up is expected to launch in the second half of 2026.
- As its second petrochemical project in the region, Bharat Petroleum Corporation Ltd. (BPCL) announced plans in February 2025 to build a new polypropylene factory near Kochi for ?5,500 crore. According to Sanjay Khanna, BPCL's Director of Refineries, the plant should be up and running by October 2027.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2024-2033 |
| Estimated Market Value (USD) in 2024 | $129.44 Billion |
| Forecasted Market Value (USD) by 2033 | $192.03 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Polypropylene Market
5.1 Historical Market Trends
5.2 Market Forecast
6. Market Share Analysis
6.1 By Type
6.2 By Process
6.3 By Application
6.4 By End User
6.5 By Countries
7. Types
7.1 Homopolymer
7.2 Copolymer
8. Processes
8.1 Injection Molding
8.2 Blow Molding
8.3 Extrusion
8.4 Others
9. Applications
9.1 Film and Sheet
9.2 Fiber
9.3 Raffia
9.4 Others
10. End Users
10.1 Packaging
10.2 Automotive
10.3 Building and Construction
10.4 Medical
10.5 Electrical and Electronics
10.6 Others
11. Countries
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Latin America
11.5 Middle East & Africa
12. Value Chain Analysis
13. Porter's Five Forces Analysis
13.1 Bargaining Power of Buyers
13.2 Bargaining Power of Suppliers
13.3 Degree of Competition
13.4 Threat of New Entrants
13.5 Threat of Substitutes
14. SWOT Analysis
14.1 Strength
14.2 Weakness
14.3 Opportunity
14.4 Threats
15. Pricing Benchmark Analysis
16. Key Players Analysis
16.1 BASF SE
16.2 China Petrochemical Corporation
16.3 Daelim Co. Ltd.
16.4 Exxon Mobil Corporation
16.5 Formosa Plastics Corporation
16.6 HPCL-Mittal Energy Limited (HMEL)
16.7 INEOS
16.8 LG Chem Ltd.
16.9 LyondellBasell Industries N.V.
16.10 Sumitomo Chemical Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/j6df57
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