Polypropylene Market to Reach USD 139.15 Billion by 2032 |

From GlobeNewswire: 2025-02-21 09:30:00

The Polypropylene Market is expected to reach USD 139.15 Billion by 2032, with a CAGR of 5.57% from 2024 to 2032. High demand in packaging, automotive, and construction industries, along with sustainability initiatives like polymer recycling and bio-based PP innovations, are driving market growth. China leads in PP production, while North America sees growth in medical and sustainable packaging applications. Asia Pacific dominates the market, fueled by China and India’s manufacturing growth. Recent highlights include Genpak’s new recyclable PP bowls and Lummus Technology’s contract for a new PP plant in India. The Polypropylene Market is projected to grow at a CAGR of 5.3% from 2024 to 2032, according to a new research report. With increasing demand for sustainable packaging solutions, the market is expected to reach a value of $133.3 billion by 2032.

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