A new study from Ceresana Research provides 900 pages of essential data on the rapidly growing polypropylene market, which last year carried a worldwide volume of 45M t and a value of approximately US$68B (€50B).
The study predicts a considerable increase in PP capacities and an improved supply of the preliminary product, propylene, during the next few years. “The more intensive competition will barely be able to decelerate the expected growth in prices,” says Ceresana. “The clearly increasing costs of raw materials, energy and transportation are especially driving the price of PP and arresting the demand.”
It expects that PP revenues will “more than double” by 2016, due to higher prices and greater sales volumes. A further reason for the on-going sales growth is the additional turnover of qualitative and valuable types of PP and the increasing consumption of expensive PP copolymers.
Available in English or German, the PP market study offers 100 company profiles of manufacturers around the world, and the development of 64 nations is detailed in specific country profiles. It also provides information about technical characteristics and application areas for the different varieties of PP, and gives an overview of relevant laws and environmental regulations.
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