Polypropylene random copolymer is a thermoplastic polymer that can be readily formed by catalytic polymerization of propylene using ethylene as a co-monomer at random concentrations to improve thermal and mechanical properties of polypropylene. Polypropylene random copolymer possesses beneficial properties such as excellent surface hardness, high impact and chemical resistance, good transparency, high heat resistance, and low melting temperature. Hence, it has gradually replaced other polyolefins in various applications in the last decade and the trend is expected to continue during the forecast period.
Rising demand for food containers is likely to augment the global polypropylene random copolymer market in the next few years. Additionally, rising consumption of syringes for injectable drugs is expected to boost the polypropylene random copolymer market during the forecast period. However, stiff competition from available substitutes and volatile raw material prices are projected to hamper growth of the market during the forecast period. The beverage industry is likely to offer large opportunities for polypropylene random copolymer manufacturers from 2015 to 2023. Polypropylene random copolymer is likely to replace glass due to its lightweight and transparency.
The packaging industry has been the largest consumer of polypropylene random copolymer. Unique properties of polypropylene random copolymer such as transparency, stiffness, organoleptic, sealability, and heat resistance make it one of the most efficient materials for food & beverage packaging. Polypropylene random copolymer is primarily used in food & storage container packaging on a large scale. The health care industry is the next biggest consumer of polypropylene random copolymer, especially in syringes, labware, and bottles. Large multinational companies have launched special grades of polypropylene random copolymer for medical applications. It is predominantly used in hot and cold water pipes in the construction industry. Polypropylene random copolymer is also used in hot & cold water pipes, VCD cases, toys, gearboxes, etc. Polypropylene random copolymer is also used in the production of specimen cups, syrup bottles, IV bags, pouches, and tubes. Other end-users of polypropylene random copolymer include media packaging, toys, sports, furniture, automotive, and household appliances.
In terms of volume, Asia Pacific accounted for the largest share of the global polypropylene random copolymer market, accounting for approximately 50% share in 2014. The polypropylene random copolymer market is expected to expand significantly in China, India, Brazil, and ASEAN due to increasing demand for food containers in these countries. The market in Latin America is likely to expand at a significant rate due to rising demand in the food & beverage and medical industries. North America and Europe are mature markets for polypropylene random copolymer and are estimated to lose market share by 2023. However, moderate demand for polypropylene random copolymer is anticipated in the health care and building & construction industries during the forecast period.
The global polypropylene random copolymer market is highly fragmented. The top five companies accounted for nearly 30% share of the polypropylene random copolymer market in 2014. Most players in the market are vertically integrated. Several manufacturers focus on adding new features to their current products in order to gain competitive advantage and sustain in the market. Key players in the market include LyondellBasell Industries N.V., Total Petrochemicals & Refining USA, Inc., Braskem, SABIC, Sinopec, Borealis AG, Reliance Industries Limited, Formosa Plastics Corporation, Sasol, INEOS Olefins & Polymers USA, Pinnacle Polymers LLC, Entec Polymers, Flint Hills Resources, and Exxon Mobil Corporation.
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope and Assumptions
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Polypropylene Random Copolymer Market, 2010 - 2023, (Kilo Tons) (US$ Mn)
2.2 Polypropylene Random Copolymer: Market Snapshot, 2014 & 2023
Chapter 3 Polypropylene Random Copolymer Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Rising Demand for Food Containers is Expected to Bolster Polypropylene Random Copolymer Market
3.3.2 Increasing Demand for Medical Packaging Likely to Boost Polypropylene Random Copolymer Market
3.4 Restraints
3.4.1 Volatility in Raw material Prices
3.5 Opportunity
3.5.1 High Growth Opportunity in Beverage Industry to Replace PET Packaging
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Polypropylene Random Copolymer: Market Attractiveness Analysis
3.8 Polypropylene Random Copolymer: Company Market Share Analysis, 2014
Chapter 4 Price Trend Analysis
4.1 Global Average Polypropylene Random Copolymer Price Trend, 2010 – 2023, (US$/Ton)
Chapter 5 Polypropylene Random Copolymer Market – End-User Industry Analysis
5.1 Global Polypropylene Random Copolymer Market Volume Share, by End-User Industry, 2014 and 2023
5.2 Global Polypropylene Random Copolymer Market for Packaging, 2010 – 2023 (Kilo Tons) (US$ Mn)
5.3 Global Polypropylene Random Copolymer Market for Building & Construction, 2010 – 2023 (Kilo Tons) (US$ Mn)
5.4 Global Polypropylene Random Copolymer Market for Healthcare, 2010 – 2023 (Kilo Tons) (US$ Mn)
5.5 Global Polypropylene Random Copolymer Market for Other End-User Industries, 2010 – 2023 (Kilo Tons) (US$ Mn)
Chapter 6 Polypropylene Random Copolymer Market - Regional Analysis
6.1 Global Polypropylene Random Copolymer Market Volume Share, by Region, 2014 and 2023
6.2 North America
6.2.1 North America Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.2.2 North America Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.2.3 U.S. Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.2.4 U.S. Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.2.5 Canada Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.2.6 Canada Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.2.7 Mexico Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.2.8 Mexico Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.3 Europe
6.3.1 Europe Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.3.2 Europe Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.3.3 France Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.3.4 France Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.3.5 UK Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.3.6 UK Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.3.7 Spain Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.3.8 Spain Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.3.9 Germany Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.3.10 Germany Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.3.11 Italy Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.3.12 Italy Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.3.13 Rest of Europe Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.3.14 Rest of Europe Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.4 Asia Pacific (APAC)
6.4.1 Asia Pacific Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.4.2 Asia Pacific Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.4.3 China Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.4.4 China Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.4.5 India Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.4.6 India Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.4.7 ASEAN Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.4.8 ASEAN Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.4.9 Rest of APAC Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.4.10 Rest of APAC Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.5 Latin America (LA)
6.5.1 Latin America Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.5.2 Latin America Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.5.3 Brazil Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.5.4 Brazil Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.5.5 Rest of LA Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.5.6 Rest of LA Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.6 Middle East & Africa (MEA)
6.6.1 Middle East & Africa Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.6.2 Middle East & Africa Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.6.3 GCC Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.6.4 GCC Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.6.5 South Africa Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.6.6 South Africa Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
6.6.7 Rest of Middle East & Africa Polypropylene Random Copolymer Market Volume, by End-Use, 2010 – 2023 (Kilo Tons)
6.6.8 Rest of Middle East & Africa Polypropylene Random Copolymer Market Revenue, by End-Use, 2010 – 2023 (US$ Mn)
Chapter 7 Polypropylene Random Copolymer Market: Production Analysis, 2014, (Kilo Tons)
Chapter 8 Company Profiles
8.1 Braskem
8.2 Formosa Plastics Corporation
8.3 Pinnacle Polymers LLC
8.4 Reliance Industries Limited
8.5 Sasol
8.6 Total Petrochemicals & Refining USA, Inc.
8.7 INEOS Olefins & Polymers USA
8.8 Entec Polymers
8.9 Flint Hills Resources
8.10 LyondellBasell Industries N.V.
Chapter 9 Primary Research – Key Findings
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