Albany, NY -- (SBWire) -- 06/07/2016 --Rising demand from packaging and healthcare industries coupled with technological developments are expected to drive the polypropylene random copolymer market between 2015 and 2023. Polypropylene random copolymer is primarily used in the manufacture of food containers due to high heat and impact resistance, flexibility, and excellent transparency. Furthermore, capacity additions in the Middle East and China are anticipated to boost the market growth. There is significant demand for food containers in Asia Pacific due to changing lifestyle and shift toward processed and packaged food However, availability of substitutes such as polyethylene, polystyrene, polycarbonate, polyethylene terephthalate, and other polyolefins is anticipated to hamper growth of the global polypropylene random copolymer market during the forecast period. The beverages industry is likely to offer large opportunities for polypropylene random copolymer manufacturers from 2015 to 2023.
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This report provides in-depth analysis of the global polypropylene random copolymer market in terms of volume (kilo tons) and revenue (US$ Mn) from 2010 to 2023. The market has been forecasted between 2015 and 2023, considering 2014 as the base year. The study also includes drivers and restraints of the market and upcoming opportunities during the forecast period. The study provides detailed value chain analysis in order to determine value addition at each stage of the polypropylene random copolymer value chain. The report encompasses market attractiveness analysis and company market share analysis to provide a comprehensive view of the market. The report analyzes the overall competition in the market through Porter's Five Forces Model to study the impact of buyers, suppliers, new entrants, degree of competition, and substitutes. The report includes global average price trend analysis of polypropylene random copolymer from 2010 to 2023. The study also comprises the global production of polypropylene random copolymer in 2014.
The market has been segmented on the basis of end-user industries of polypropylene random copolymer, i.e., packaging, building & construction, healthcare, and others. Major regions considered in the report include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each of these regions has been further analyzed on country level based on end-use demand for polypropylene random copolymer from 2010 to 2023. The market numbers in the report have been derived based on demand for polypropylene random copolymer in various end-user industries across all regions.
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Secondary research sources referred to include company websites, annual reports, broker reports, investor presentations, financial reports, and SEC filings. In-depth interviews and discussions with a wide range of key industry participants and opinion leaders were conducted to compile this research report. Primary research represents bulk of research efforts, supplemented by extensive secondary research. Key players' product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. Major sources referred for this study include ICIS, FDA, Platts Magazine, Scottish Plastics and Rubber Association, and Plastemart Magazine. These helped validate and strengthen secondary research findings. Primary research further developed the analysis team's expertise and market understanding. Top-down and bottom-up approaches were used to estimate the global polypropylene random copolymer market from 2010 to 2023. The report also provides key primary findings of the global polypropylene random copolymer market.
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The report comprises profiles of key players operating in the global polypropylene random copolymer market. These profiles include company overview, product portfolio, business strategies, and recent developments such as acquisitions, mergers, expansion, or product launch. Top companies included in the report are Braskem, Formosa Plastics Corporation, Pinnacle Polymers LLC, Reliance Industries Limited, Sasol, Total Petrochemicals & Refining USA, Inc., INEOS Olefins & Polymers USA, Entec Polymers, Flint Hills Resources, and LyondellBasell Industries N.V.
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Polypropylene Random Copolymer Market - Polypropylene Random Copolymer Offers Immense Potential to Replace Glass
Polypropylene random copolymer is a thermoplastic polymer that can be readily formed by catalytic polymerization of propylene using ethylene as a comonomer at random concentrations to improve thermal and mechanical properties of polypropylene.