Polypropylene Market Sales,Trend, Forecast, Drivers, Restraints, Key Players Analysis by 2027
The growing demand for polypropylene in the 3D printing industry and the increased installation of propane dehydrogenation will boost market growth. Market Size – USD 135.14 Billion in 2019, Market Growth - CAGR of 5.3%, Market Trends – BOPP in food packaging According to a new report by Reports and Data, the global Polypropylene Market is forecast to reach USD 205.61 Billion by 2027. Increasing adoption of PP in the 3D Printing industry owing to its superior chemical resistance is a significant factor influencing market demand. Polypropylene has the lowest density out of all commonly used in manufacturing plastics, which makes it very light. Other benefits associated with the material, including flexibility, durability, and electrical resistance, make it highly practical for the industry. Currently, the product is being used in the healthcare sector to manufacture medical vials, diagnostic devices, specimen bottles, and pill containers. The increasing global installa...