Polypropylene Market 2022
Language:
Japanese
Product Code No:
C65103500
Issued In:
2023/08
#of Pages:
130
Publication Cycle:
Format:
PDF
Coverage: (Product/service)
Polypropylene
Research Target:
Polypropylene manufacturers
Research Content:
I. Polypropylene Market Perspectives
- High functions and eco-friendly as key differentiating values for demand creation
- “Population decline”, “plastic-free”, & “cheaper imports from overseas”
- Downward pressure on demand, makers feel they are 'stuck’
- “Carbon neutrality” increases importance
- Makers embarking not only on technology development/product development but also on market penetration
- Would the idea of “polypropylene as an engineering plastic” be a next theme to “metal replacement”?
- Resource circulation scheme creates demand for new material development
II. Polypropylene Market Trends
1. Production System at Market Players
2. Demand Trend by Category and Perspectives
Total shipment volume
Domestic demand
Export
By Process
Injection molding
Extrusion molding
Blow molding
By Application
Film & Sheet
Fiber
3. Polypropylene Compounds Trends
- Prime Polymer’s new facility (under construction, planned to start operation by 2024) for gas-phase polymerization with in-line compounding line to achieve annual production of 200-thousand-tons
- Compounding production overseas expected to grow from 1,269-thousand-tons per year in 2020 to 1,380-thousand-tons per year in 2023
- Eying on economic conditions and demand trends, polypropylene manufacturers continue to make capital investments actively
4. High-Performance Polypropylene Trends
1) Glass fiber reinforced polypropylene
2) Metallocene Polypropylene
5. Import/Export
III. Trends and Strategies at Polypropylene Manufacturers
- Prime Polymer Co., Ltd.
- Japan Polypropylene Corporation
- SunAllomer Ltd.
- Sumitomo Chemical Company, Limited