Global High Melt Strength Polypropylene (HMSPP) Market Growth 2023-2029
High melt strength polypropylenes offer the same mechanical properties and chemical resistance as standard polypropylenes, but with a broader molecular weight distribution and higher melt strength for use in applications such as blow molding and foaming.
The High Melt Strength Polypropylene (HMSPP) market covers Homopolymer HMSPP and Copolymer HMSPP. The typical players include LyondellBasell, Borealis (Borouge), Braskem, ExxonMobil, Hanwha Total, Sinopec Shanghai Petrochemical, Lotte Chemical, JPP (Mitsubishi Chemical), etc.
LPI (LP Information)' newest research report, the “High Melt Strength Polypropylene (HMSPP) Industry Forecast” looks at past sales and reviews total world High Melt Strength Polypropylene (HMSPP) sales in 2022, providing a comprehensive analysis by region and market sector of projected High Melt Strength Polypropylene (HMSPP) sales for 2023 through 2029. With High Melt Strength Polypropylene (HMSPP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Melt Strength Polypropylene (HMSPP) industry.
This Insight Report provides a comprehensive analysis of the global High Melt Strength Polypropylene (HMSPP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Melt Strength Polypropylene (HMSPP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Melt Strength Polypropylene (HMSPP) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Melt Strength Polypropylene (HMSPP) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Melt Strength Polypropylene (HMSPP).
The global High Melt Strength Polypropylene (HMSPP) market size is projected to grow from US$ 692.2 million in 2022 to US$ 1132.3 million in 2029; it is expected to grow at a CAGR of 1132.3 from 2023 to 2029.
Global core high melt strength polypropylene (HMSPP) players include LyondellBasell, Borealis and Braskem etc. The top 3 companies hold a share about 45%. Asia Pacific is the largest market, with a share about 45%, followed by Europe and Americas with the share about 35% and 15%.
In terms of product, homopolymer is the largest segment, with a share about 70%. And in terms of application, the largest application is foaming material, with a share about 78%.
This report presents a comprehensive overview, market shares, and growth opportunities of High Melt Strength Polypropylene (HMSPP) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Homopolymer
Copolymer
Segmentation by application
Foaming Material
Thermoforming
Blown Film
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LyondellBasell
Borealis (Borouge)
Braskem
ExxonMobil
Hanwha Total
Sinopec Shanghai Petrochemical
Lotte Chemical
JPP (Mitsubishi Chemical)
Reliance Industries
Sinopec Zhenhai Refining & Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global High Melt Strength Polypropylene (HMSPP) market?
What factors are driving High Melt Strength Polypropylene (HMSPP) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Melt Strength Polypropylene (HMSPP) market opportunities vary by end market size?
How does High Melt Strength Polypropylene (HMSPP) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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