Asia-Pacific Recycled Propylene Market - By Process (Mechanical Chemical); By Source (Bottles & Containers, Films, Bags, Foams, Industrial & Agricultural Waste); By Application (Packaging, Automobiles, Building & Construction, Textiles, Pharmaceuticals, E

Asia-Pacific Recycled Propylene Market - By Process (Mechanical Chemical); By Source (Bottles & Containers, Films, Bags, Foams, Industrial & Agricultural Waste); By Application (Packaging, Automobiles, Building & Construction, Textiles, Pharmaceuticals, Electronics); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

Asia-Pacific Recycled Propylene Market Size Grows at Significant CAGR of 7.2% During 2023–2029

Asia-Pacific recycled propylene market is flourishing because of an increasing demand for the product from the thriving construction sector and high adoption of propylene in the packaging industry.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Asia-Pacific recycled propylene market size to grow at a significant CAGR of 7.22% during the forecast period between 2023 and 2029. Major growth factors of Asia-Pacific recycled propylene market include increasing environmental concerns and growing usage recycled plastics in numerous applications. The usage of recycled plastics minimizes trash in landfills, aids in the preservation of biodiversity and energy, and prevents pollution. As a result, end-use industries, such as building & construction, packaging, electric & electronics, textiles, and automotive are increasingly use recycled plastics. Stringent recycling policies in China, which once had the highest percentage of recovered plastics in the world, are causing manufacturers of recycled plastics to relocate to Indonesia, resulting to increased output and consumption in the country. Because of the capacity of plastic to replace traditional metal and wooden parts in vehicles, the automotive, building & construction, and packaging industries are expected to boost product demand over the forecast period, owing to the country's expanding purchasing power and disposable income. The construction of residential, industrial, commercial, and public infrastructure is also assisting the growth of Asia-Pacific recycled propylene market during the forecast period. However, lack of proper infrastructure and stringent government laws are anticipated to restrain the growth of recycled propylene market in Asia Pacific.

Asia-Pacific Recycled Propylene Market – Overview

The recycled propylene is also known as a biodegradable thermoplastic polymer. It is a strong substance that is classified as semi-rigid. It has features such as low density, high strength, and anticorrosion. Packaging, plastic parts, textile, industrial fibers, laboratory equipment, labels, stationery, and so on are examples of applications. PET emits 75% less CO2 throughout the textile garment manufacturing process than virgin polyester, which is further propelling the market. Polypropylene recycling is the process of recovering polypropylene plastic from discarded or waste materials.

Impact of COVID-19 on Asia-Pacific Recycled Propylene Market

COVID-19 had a detrimental impact on recycled propylene market across Asia Pacific. With the enforcement of stringent travel restrictions and lockdowns by governments across Asia Pacific to combat the spread of virus, the market witnessed difficulties in collecting plastic trash and processing operations, such as recycling, as most manufacturing was shut down. Also, supply chain interruption impacted the transfer of raw materials and goods across several nations, resulting in enormous financial losses for the major market participants and decreased demand for plastic across multiple industries. However, when the number of Covid-19 instances decreased, governments in several Asia-Pacific countries relaxed restrictions and permitted the resumption of business activities, allowing the market to recover from losses and resume its normal pace.

Asia-Pacific Recycled Propylene Market – By Process

By process, Asia-Pacific recycled propylene market is bifurcated into Mechanical and Chemical segments. The mechanical segment is expected to hold a higher market share during the period in analysis. Mechanical recycling is more efficient, saves money, and has shorter lead times than chemical recycling. Polypropylene may be recycled because it is a thermoplastic that can be melted and reformatted. This can be accomplished using mechanical means such as grinding, washing, and extruding the material. Mechanical recycling is appropriate for packaging films, fibers, containers, and automobile parts. Furthermore, mechanical recycling of polypropylene yields high-quality recycled material with little deterioration. Furthermore, rising demand for recycled polypropylene in automotive, packaging, and other sectors will fuel the mechanical segment's rise in the polypropylene recycling market during the forecast period.

Competitive Landscape

Major players operating in Asia-Pacific recycled propylene market include LyondellBasell Industries Holdings B.V, Haldia Petrochemicals Limited, Reliance Industries Limited, Westlake Chemical Corporation, Formosa Plastics Corporation, Custom Polymers Inc., and Joe's Plastic Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Asia-Pacific Recycled Propylene Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia-Pacific Recycled Propylene Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. APAC Recycled Propylene Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Growing Demand for Packaging Sector
3.2.1.2. Rising Demand from the Construction Sector
3.2.2. Restraints
3.2.2.1. Lack of Proper Infrastructure
3.2.3. Opportunities
3.2.3.1. Adopting Advancements in Technology
3.2.4. Challenges
3.2.4.1. Stringent Government Laws
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. APAC Recycled Propylene Market Overview
4.1. Market Size & Forecast, 2019–2029
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Process
4.2.1.1. Mechanical
4.2.1.2. Chemical
4.2.2. By Source
4.2.2.1. Bottles & Containers
4.2.2.2. Films
4.2.2.3. Bags
4.2.2.4. Foams
4.2.2.5. Industrial & Agricultural Waste
4.2.2.6. Others
4.2.3. By Application
4.2.3.1. Packaging
4.2.3.2. Automobile
4.2.3.3. Building & Construction
4.2.3.4. Textiles
4.2.3.5. Pharmaceuticals
4.2.3.6. Electronics
4.2.3.7. Others
4.2.4. By Country
4.2.4.1. China
4.2.4.2. India
4.2.4.3. Japan
4.2.4.4. South Korea
4.2.4.5. Australia & New Zealand
4.2.4.6. Indonesia
4.2.4.7. Malaysia
4.2.4.8. Singapore
4.2.4.9. Philippines
4.2.4.10. Vietnam
4.2.4.11. Rest of APAC
5. China Recycled Propylene Market
5.1. Market Size & Forecast, 2019–2029
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Process
5.2.2. By Source
5.2.3. By Application
6. India Recycled Propylene Market
6.1. Market Size & Forecast, 2019–2029
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Process
6.2.2. By Source
6.2.3. By Application
7. Japan Recycled Propylene Market
7.1. Market Size & Forecast, 2019–2029
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Process
7.2.2. By Source
7.2.3. By Application
8. South Korea Recycled Propylene Market
8.1. Market Size & Forecast, 2019–2029
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Process
8.2.2. By Source
8.2.3. By Application
9. Australia & New Zealand Recycled Propylene Market
9.1. Market Size & Forecast, 2019–2029
9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
9.2.1. By Process
9.2.2. By Source
9.2.3. By Application
10. Indonesia Recycled Propylene Market
10.1. Market Size & Forecast, 2019–2029
10.1.1. By Value (USD Million)
10.2. Market Share & Forecast
10.2.1. By Process
10.2.2. By Source
10.2.3. By Application
11. Malaysia Recycled Propylene Market
11.1. Market Size & Forecast, 2019–2029
11.1.1. By Value (USD Million)
11.2. Market Share & Forecast
11.2.1. By Process
11.2.2. By Source
11.2.3. By Application
12. Singapore Recycled Propylene Market
12.1. Market Size & Forecast, 2019–2029
12.1.1. By Value (USD Million)
12.2. Market Share & Forecast
12.2.1. By Process
12.2.2. By Source
12.2.3. By Application
13. Philippines Recycled Propylene Market
13.1. Market Size & Forecast, 2019–2029
13.1.1. By Value (USD Million)
13.2. Market Share & Forecast
13.2.1. By Process
13.2.2. By Source
13.2.3. By Application
14. Vietnam Recycled Propylene Market
14.1. Market Size & Forecast, 2019–2029
14.1.1. By Value (USD Million)
14.2. Market Share & Forecast
14.2.1. By Process
14.2.2. By Source
14.2.3. By Application
15. Rest of APAC Recycled Propylene Market
15.1. Market Size & Forecast, 2019–2029
15.1.1. By Value (USD Million)
15.2. Market Share & Forecast
15.2.1. By Process
15.2.2. By Source
15.2.3. By Application
16. Competitive Landscape
16.1. List of Key Players and Their Offerings
16.2. Asia-Pacific Recycled Propylene Company Market Share Analysis, 2022
16.3. Competitive Benchmarking, By Operating Parameters
16.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
17. Impact of Covid-19 on Asia-Pacific Recycled Propylene Market
18. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
18.1. LyondellBasell Industries Holdings B.V
18.2. Haldia Petrochemicals Limited
18.3. Reliance Industries Limited
18.4. Westlake Chemical Corporation
18.5. Formosa Plastics Corporation
18.6. Custom Polymers Inc.
18.7. Joe's Plastic Inc.
18.8. Other Prominent Players
19. Key Strategic Recommendations
20. Research Methodology
20.1. Qualitative Research
20.1.1. Primary & Secondary Research
20.2. Quantitative Research
20.3. Market Breakdown & Data Triangulation
20.3.1. Secondary Research
20.3.2. Primary Research
20.4. Breakdown of Primary Research Respondents, By Region
20.5. Assumptions & Limitations
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Asia-Pacific Recycled Propylene Segmentation
Figure 2 Asia-Pacific Recycled Propylene Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Asia-Pacific Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 5 Asia-Pacific Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 6 Asia-Pacific Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 7 Asia-Pacific Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 8 Asia-Pacific Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 9 Asia-Pacific Recycled Propylene Market Share, By Country, By Value, 2019–2029
Figure 10 China Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 11 China Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 12 China Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 13 China Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 14 China Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 15 India Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 16 India Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 17 India Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 18 India Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 19 India Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 20 Japan Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 21 Japan Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 22 Japan Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 23 Japan Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 24 Japan Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 25 South Korea Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 26 South Korea Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 27 South Korea Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 28 South Korea Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 29 South Korea Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 30 Australia & New Zealand Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 31 Australia & New Zealand Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 32 Australia & New Zealand Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 33 Australia & New Zealand Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 34 Australia & New Zealand Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 35 Indonesia Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 36 Indonesia Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 37 Indonesia Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 38 Indonesia Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 39 Indonesia Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 40 Malaysia Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 41 Malaysia Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 42 Malaysia Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 43 Malaysia Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 44 Malaysia Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 45 Singapore Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 46 Singapore Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 47 Singapore Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 48 Singapore Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 49 Singapore Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 50 Philippines Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 51 Philippines Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 52 Philippines Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 53 Philippines Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 54 Philippines Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 55 Vietnam Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 56 Vietnam Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 57 Vietnam Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 58 Vietnam Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 59 Vietnam Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
Figure 60 Rest of APAC Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Figure 61 Rest of APAC Recycled Propylene Market Share, By Process, By Value, 2019–2029
Figure 62 Rest of APAC Recycled Propylene Market Share, By Source, By Value, 2019–2029
Figure 63 Rest of APAC Recycled Propylene Market Share, By Application, By Value, 2019–2029
Figure 64 Rest of APAC Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029
List of Tables
Table 1 Asia-Pacific Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 2 Asia-Pacific Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 3 Asia-Pacific Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 4 Asia-Pacific Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 5 Asia-Pacific Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 6 Asia-Pacific Recycled Propylene Market Size, By Country, By Value, 2019–2029
Table 7 China Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 8 China Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 9 China Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 10 China Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 11 China Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 12 India Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 13 India Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 14 India Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 15 India Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 16 India Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 17 Japan Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 18 Japan Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 19 Japan Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 20 Japan Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 21 Japan Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 22 South Korea Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 23 South Korea Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 24 South Korea Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 25 South Korea Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 26 South Korea Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 27 Australia & New Zealand Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 28 Australia & New Zealand Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 29 Australia & New Zealand Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 30 Australia & New Zealand Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 31 Australia & New Zealand Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 32 Indonesia Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 33 Indonesia Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 34 Indonesia Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 35 Indonesia Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 36 Indonesia Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 37 Malaysia Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 38 Malaysia Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 39 Malaysia Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 40 Malaysia Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 41 Malaysia Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 42 Singapore Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 43 Singapore Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 44 Singapore Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 45 Singapore Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 46 Singapore Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 47 Philippines Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 48 Philippines Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 49 Philippines Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 50 Philippines Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 51 Philippines Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 52 Vietnam Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 53 Vietnam Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 54 Vietnam Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 55 Vietnam Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 56 Vietnam Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 57 Rest of APAC Recycled Propylene Market Size, By Value (USD Million), 2019–2029
Table 58 Rest of APAC Recycled Propylene Market Size, By Process, By Value, 2019–2029
Table 59 Rest of APAC Recycled Propylene Market Size, By Source, By Value, 2019–2029
Table 60 Rest of APAC Recycled Propylene Market Size, By Application, By Value, 2019–2029
Table 61 Rest of APAC Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029
Table 62 LyondellBasell Industries Holdings B.V Company Overview
Table 63 LyondellBasell Industries Holdings B.V Financial Overview
Table 64 Haldia Petrochemicals Limited Company Overview
Table 65 Haldia Petrochemicals Limited Financial Overview
Table 66 Reliance Industries Limited Company Overview
Table 67 Reliance Industries Limited Financial Overview
Table 68 Westlake Chemical Corporation Company Overview
Table 69 Westlake Chemical Corporation Financial Overview
Table 70 Formosa Plastics Corporation Company Overview
Table 71 Formosa Plastics Corporation Financial Overview
Table 72 Custom Polymers Inc. Company Overview
Table 73 Custom Polymers Inc. Financial Overview
Table 74 Joe's Plastic Inc. Company Overview
Table 75 Joe's Plastic Inc. Financial Overview

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