LyondellBasell Industries N.V. joined the NEXTLOOPP initiative which was launched in October 2020 together with more than 40 other industry players to make circular food-grade recycled polypropylene from post-consumer packaging.
Entec Polymers has presented innovative solutions for polypropylene needs that are much more advanced in comparison with clarified copolymers.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 4309
Published Date: Sep 25, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing demand in the automotive sector and increasing use in the construction industry are some of the major factors anticipated to drive the growth of the polypropylene random copolymer market.
The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2024 â€“ 2036.
The major players in the market are China Petrochemical Corporation (SINOPEC), Entec Polymers, Braskem SA, Exxon Mobil Corporation, Chevron Corporation, Sasol Limited Shell International B.V., and others.
The packaging segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in Asia Pacific is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.