Polypropylene Industry Statistics

The polypropylene industry is expected to experience steady growth in the coming years due to increasing demand in various sectors such as packaging, automotive, and electronics.

Statistic 1

"The polypropylene market was valued at approximately $80 billion in 2020."

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Statistic 2

"The polypropylene industry is set to reach $105.6 billion by 2026."

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Statistic 3

"The industry is predicted to see a compound annual growth rate (CAGR) of 5.1% from 2021 to 2028."

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Statistic 4

"In 2020, the polypropylene industry in Asia-Pacific accounted for more than 50% of the total demand."

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Statistic 5

"The automobile industry consumed 5.5 million metric tons of polypropylene globally in 2020."

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Statistic 6

"The demand for non-woven polypropylene is projected to reach 11.3 million tons by 2023."

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Statistic 7

"In the United States, the annual polypropylene resin production capacity was nearly 22 billion pounds in 2020."

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Statistic 8

"China is the largest consumer of polypropylene, with an annual consumption exceeding 15 million metric tonnes in 2019."

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Statistic 9

"The global polypropylene market size was valued at $68.5 billion in 2019."

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Statistic 10

"The global demand for polypropylene was 45 metric tons in 2013."

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Statistic 11

"The global demand for polypropylene is expected to grow at an annual rate of 4.4% until 2023."

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Statistic 12

"Polypropylene consumption in the Asia-Pacific region is projected to increase by 5.9% per year through 2023."

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Statistic 13

"Flexible packaging is the dominant application in the polypropylene industry, accounting for 20% of the total demand."

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Statistic 14

"The average price of polypropylene in the United States in November 2020 was 0.75 U.S. dollars per pound."

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Statistic 15

"The European Union consumed approximately 9.6 million metric tons of polypropylene in 2020."

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Statistic 16

"Polypropylene production in the Middle East was approximately 11 million metric tons in 2017."

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Statistic 17

"The operating rate of polypropylene industry worldwide was approximately 83.4% in 2018."

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Statistic 18

"The average annual growth rate of polypropylene consumption worldwide was projected to be around 4% from 2013 to 2020."

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