Polypropylene Compound Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The market is segmented by Product Type (Mineral Filled, Compounded TPO, Compounded TPV, Glass Reinforced, and Others), End-user Industry (Automotive, Construction, Electrical and Electronics, Textile, and Others) and Geography (Asia-Pacific, North America, Europe, South America and Middle East and Africa)

Polypropylene Compound Market Size

Polypropylene Compound Market Overview

Polypropylene Compound Market Analysis

The Polypropylene Compound Market is expected to register a CAGR of greater than 7.2% during the forecast period.

  • However, the fluctuation in raw material and the outbreak of coronavirus across the globe are likely to hinder the growth of the studied market.
  • The research and development of eco-friendly polypropylene compounds are likely to provide opportunities for the polypropylene compound market over the next five years.
  • Automotive Industry is the most dominating end-user segment for the market studied.
  • Asia Pacific region dominated across the world with increasing consumption from countries like China and India.

Asia-Pacific Region to Dominate the Market

  • Due to robust demand from the automotive industry and consumer electronics, particularly in emerging countries such as India and China, the Asia Pacific market is expected to be the largest and fastest-growing market over the forecast period.
  • The flexible packaging industry in the Asia-Pacific is rising at a faster pace due to its advantages, such as simple handling, portable packaging, and lightweight.
  • Easy availability of raw material, well-developed infrastructural facilities, and skilled & cheap labor force have attracted major international automotive manufacturers to invest in the Asia-Pacific region. Hence, all these factors are expected to drive the market for polypropylene compounds in the Asia-Pacific region.
  • The region's electronics market is also rising at a steady pace. Additionally, with companies actively investing in the electronics industry in the region, the demand is likely to continue to expand, thus growing polypropylene use in the Asia-Pacific region.
  • Market demand for electric cars and policies under Clean Energy Ministerial (CEM), such as the initiative on electric vehicles and increasing enthusiasm for electric vehicles, are expected to push polypropylene compound consumption in near future.
  • Hence, all such market trends are expected to drive the demand for polypropylene compound market in the region during the forecast period.
Polypropylene Compound Market Size

Polypropylene Compound Industry Overview

The global polypropylene compound market is fragmented in nature owing to the presence of numerous players in the market with no significant market share. Some of the major companies are LyondellBasell Industries Holdings B.V., Repsol, SABIC, Sumitomo Chemical Co., Ltd., and Exxon Mobil Corporation amongst others.

Polypropylene Compound Market Leaders

  1. LyondellBasell Industries Holdings B.V.

  2. Repsol

  3. SABIC

  4. Sumitomo Chemical Co., Ltd.

  5. Exxon Mobil Corporation

  6. *Disclaimer: Major Players sorted in no particular order
LyondellBasell Industries Holdings B.V., Repsol, SABIC, Sumitomo Chemical Co., Ltd., Exxon Mobil Corporation
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Polypropylene Compound Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Demand from Consumer Electronics Product
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Fluctuation in Raw Material Cost
    • 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Product Type
    • 5.1.1 Mineral Filled
    • 5.1.2 Compounded TPO
    • 5.1.3 Compounded TPV
    • 5.1.4 Glass Reinforced
    • 5.1.5 Others
  • 5.2 End-user Industry
    • 5.2.1 Automotive
    • 5.2.2 Construction
    • 5.2.3 Electrical and Electronics
    • 5.2.4 Textile
    • 5.2.5 Others
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Borealis AG
    • 6.4.2 Domo Chemicals
    • 6.4.3 Exxon Mobil Corporation
    • 6.4.4 INEOS
    • 6.4.5 JJ Plastalloy
    • 6.4.6 LG Chem.
    • 6.4.7 LyondellBasell Industries Holdings B.V.
    • 6.4.8 Mitsubishi Chemical Corporation.
    • 6.4.9 MITSUI CHEMICALS AMERICA, INC.
    • 6.4.10 PolyPacific
    • 6.4.11 Repsol
    • 6.4.12 RTP Company
    • 6.4.13 SABIC
    • 6.4.14 Sumitomo Chemical Co., Ltd.
    • 6.4.15 The Plastics Group of America
    • 6.4.16 Total
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Research and Development of Eco-friendly Polypropylene Compounds
  • 7.2 Other Opportunities
**Subject to Availability
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Polypropylene Compound Industry Segmentation

The polypropylene compound market report include:

Product Type Mineral Filled
Compounded TPO
Compounded TPV
Glass Reinforced
Others
End-user Industry Automotive
Construction
Electrical and Electronics
Textile
Others
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Product Type
Mineral Filled
Compounded TPO
Compounded TPV
Glass Reinforced
Others
End-user Industry
Automotive
Construction
Electrical and Electronics
Textile
Others
Geography
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Polypropylene Compound Market Research FAQs

What is the current Polypropylene Compound Market size?

The Polypropylene Compound Market is projected to register a CAGR of greater than 7.2% during the forecast period (2025-2030)

Who are the key players in Polypropylene Compound Market?

LyondellBasell Industries Holdings B.V., Repsol, SABIC, Sumitomo Chemical Co., Ltd. and Exxon Mobil Corporation are the major companies operating in the Polypropylene Compound Market.

Which is the fastest growing region in Polypropylene Compound Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Polypropylene Compound Market?

In 2025, the Asia Pacific accounts for the largest market share in Polypropylene Compound Market.

What years does this Polypropylene Compound Market cover?

The report covers the Polypropylene Compound Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Polypropylene Compound Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: June 9, 2023

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Polypropylene Compound Industry Report

Statistics for the 2025 Polypropylene Compound market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Polypropylene Compound analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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