Global Polypropylene Copolymer Market Share, Price Trends, Research Report and Forecast 2018-2023

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Global Polypropylene Copolymer Market Influenced
by Growth in Pharmaceuticals Industry
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Report Description and Highlights
Report Description
    Global Polypropylene Copolymer Market
Influenced by Growth in Pharmaceuticals
Industry The global polypropylene copolymer
market has witnessed a steady growth over the
past few years. This can be attributed to the
applications of polypropylene copolymer in
diverse sectors such as pharmaceuticals,
packaging, textile and plastics. Polypropylene
copolymer (PPC) is a kind of plastic manufactured
by the polymerization of propylene in the
presence of a monomer and a catalyst. It is a
translucent to transparent solid with properties
like high stiffness, low specific gravity, high
stress cracking and chemical resistance, low
moisture absorption rate, etc. Due to its
versatility, polypropylene copolymer is used in
electrical, packaging and thermoforming
applications. A new research report by IMARC
Group, titled Polypropylene Copolymer Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, estimates
that the global polypropylene copolymer
marketreached a volume of 24.3 Million Tons in
2017. The report further anticipates the market
to reach a volume of 30.9 Million Tons by 2023,
at a projected CAGR of 4.1 over the forecast
period.
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Report Description and Highlights
Report Description

• Global Polypropylene Copolymer Market
  Drivers/Constraints
• Polypropylene copolymer is extensively used in
  the pharmaceutical and medical industry for
  bottling complex medical products owing to its
  inert nature, hygienic properties, light weight,
  transparency and durability. Moreover, the
  manufacturers use ultra-high impact polypropylene
  copolymer to produce airtight seals so as to
  protect the medicinal products from moisture,
  oxidizing agents and particulate matter.
• An inclination towards bio-based products has
  created an attractive market for polypropylene
  copolymer on account of its eco-friendliness,
  cost-effectiveness, biodegradability and
  non-toxicity.
• In the plastics industry, polypropylene copolymer
  is used for packaging films, boxes, containers,
  bags, etc., whereas in the textile industry it is
  used for manufacturing products such as jackets,
  diapers and undergarments.
• There are a number of factors that hamper the
  growth of the polypropylene copolymer market.
  Polypropylene copolymer can be degraded by UV
  rays, has a poor low temperature impact strength
  and is difficult to bond.
• Read full report _at_ https//www.imarcgroup.com/p
  olypropylene-copolymer-technical-material-market-r
  eport

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Report Description and Highlights
Report Description
End-Use Insights Based on end-use, rigid
packaging currently represents the largest
end-use segment of polypropylene copolymer. This
can be attributed to the low-cost of
polypropylene copolymer as compared to its
alternatives. It is followed by textiles,
technical parts, films and consumer
products. Regional Insights On a geographical
front, Asia enjoys the leading position in the
global polypropylene copolymer market on account
of the flourishing food and beverage, and
building and construction industries. In
addition, increasing GDP growth in the region
along with surging population and rising
disposable incomes are stimulating the market
growth. Other major regions include North and
South America, Western and Central Europe, and
Middle East and Africa. Competitive
Landscape The market is fragmented with the
presence of several small and large manufacturers
who compete in terms of prices and quality. There
is an intense competition in the market which
makes it difficult for small players to survive.
Some of the leading players operating in the
market are   Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
509flagB  
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Report Description and Highlights
Report Description

• Lyondell Basell
• Sinopec Group
• Braskem Group
• SABIC
• PetroChina Group
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Report Description and Highlights
Report Description

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