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Lucintel’s latest market report analyzed that polypropylene compound provides attractive opportunities in hygiene and mask, filtration, medical/surgical, industrial, and consumer goods industries. The polypropylene compound market is expected to reach $18.6 billion by 2027 with a CAGR of 6.9%. In this market, continuous yarn is the largest segment by application, whereas hygiene and mask is largest by end use. The growing use of polypropylene nano composite fiber and development of bio-based polypropylene fiber provides strategic growth path in this market.
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Based on application, the polypropylene compoundmarket is segmented into staple fiber and continuous yarn. The continuous yarn segment accounted for the largest share of the market in 2020, due to its various properties like excellent uniformity and strength.
Browse in-depth TOC on “Polypropylene Compound Market”
The polypropylene compound market is marked by the presence of several big and small players. Some of the prominent players offering Polypropylene compound include Belgian Fiber, International Fiber Group, SABIC, Borealis, Sinopec, and Sika AG.
https://www.lucintel.com/polypropylene-compound-market.aspx
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected] .
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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