The application of High Melt Strength (HMS) Polypropylene in the automotive sector and increased demand from the APAC region will fuel the market growth.
Market Size – USD 2.91 Billion in 2018, Market Growth – CAGR of 18.6%, Market Trends – High demand from the packaging industry.
The global High Melt Strength (HMS) Polypropylene market is forecast to reach USD 14.26 Billion by 2026, according to a new report by Reports and Data. Polypropylene is a versatile thermoplastic material, which is compatible with several processing techniques and is used in various applications. The high melt strength (HMS) polypropylene is fabricated by the process of direct polymerization.
The Global High Melt Strength (HMS) Polypropylene Market Report 2027 published by Reports and Data to its ever expanding database covers critical data about the technological evolution, market share, market size, current and emerging trends, growth opportunities, current market situation, government regulations, limitations, threats, and challenges of the market. The report is an all-inclusive document covering the impacts of COVID-19 on the economy as well as demand of the market. The report provides a study of the present as well as future impact of the COVID-19 crisis on the overall market. The study also benefits the players by providing a concise and effective strategy to strengthen their footing in the market.
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The competitive landscape of the market offers significant insight into the key market players operating in the High Melt Strength (HMS) Polypropylene market. The segment covers market share, product portfolio, pricing analysis, and strategic business decisions taken by each market player. The report also includes the strategic steps and initiatives undertaken by the companies to combat the impact of the pandemic. The major companies explored in the report are Borealis AG, Borouge, Braskem, Lotte Chemical, Exxon Mobil, Dow Chemical, LyondellBasell, Total Petrochemicals & Refining, Cray Valley, and Omnexus, among others.
The report offers a comprehensive study of the regional bifurcation of the market and provides insightful data about the regulatory framework, current and emerging market trends, opportunities, supply-demand ratio, production and consumption volume, and the import/export ratio in each region. It also evaluates the presence of each market player in the region and strategic initiatives taken by the companies to gain a robust presence in the region. The regional segmentation covers country-wise analysis of the market and includes:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The research report on the global High Melt Strength (HMS) Polypropylene market offers extensive analysis of the product spectrum and application scope of the business landscape. Based on the product type, the High Melt Strength (HMS) Polypropylene market is split into:
Molding Technique Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)
- Injection Molding
- Blow Molding
Applications Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)
- Molding and Injection
- Film & Sheet
- Blow Molding
- Medical Devices
- Fiber and Raffia
End-User Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)
- Building and Construction
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Key findings of the report:
- Historical and current trends of the market
- Factors likely to influence the dynamics of the market
- Growth assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players including their market share, revenue contribution, and global position
- Growth strategies adopted by key market players to combat the impact of COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the High Melt Strength (HMS) Polypropylene market
- Strategic recommendations to the established market players and emerging companies
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To summarize, the report provides insightful data regarding every aspect of the market to enable the players to gain a competitive edge. The report comprises of data and information gathered from extensive primary and secondary research and is validated and verified by industry experts and professionals. The data provides reliable statistics for the period of 2020-2027 organized in the form of tables, charts, graphs, diagrams, and other graphical representations.
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