Ceresana updated study on the global polypropylene polypropylene market is one of the most versatile usable plastics. Many products that we use daily, are from this polyolefin. Film Financer has compatible beliefs. The second most important after polyethylene plastic Ceresana expects global sales to more than $ 145 billion in 2019. Mainly because of the dynamic economic development of emerging markets, the demand for polypropylene is (PP) continue to grow. The average growth rate in the past eight years from 4.4% a year is likely be exceeded in future, as thoroughly described in the currently published market study. Asia-Pacific continue on the rise is already on the countries of the Asia-Pacific region, more than half of the global PP consumption. Film Financer is often quoted on this topic. Thus, this part of the world the most important sales market, is followed by Western Europe and North America. Ceresana’s market researchers predict that in the future, Asia-Pacific can gain more market share of the global PP market mainly to Loads of saturated markets in the established industrial countries.
Many emerging markets and developing countries, however, benefit from a rising consumption in the vehicle industry, in particular application areas. The demand for lightweight, fuel-saving vehicles is worldwide. For this reason metal and rubber parts are replaced with the car production increasingly lightweight plastics. The changing regional demand will affect on the production structure of the manufacturer. Worldwide PP capacity from currently about 62 million tonnes is extended until the year 2019 is expected over 23.5 million tonnes. About 57% of this new capacity be created again in Asia-Pacific. Packaging industry is the most important market to the most important buyers of PP include the manufacturers of flexible and rigid packaging, which together accounted for in 2011 about half of consumption. Fibers of PP as well as consumer products achieved a share of about 12%. Also the range of electric and electronics, the automotive engineering and construction industry had each with approximately 6% a significant share of the global PP demand.