Materials & Chemicals / Polypropylene Carbonate (PPC) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Empower Materials, SK Energy, Novomer, BASF
Polypropylene Carbonate (PPC) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Empower Materials, SK Energy, Novomer, BASF
In 2021, the global Polypropylene Carbonate (PPC) market size was US$ 217.4 million and it is expected to reach US$ 342.7 million by the end of 2027, with a CAGR of 6.6% during 2022-2027.
Polypropylene Carbonate (PPC) Market Overview
Polypropylene carbonate is largely utilized as a binder because of its exceptional binding properties. Polypropylene carbonate is utilised as a sacrificial binder in the ceramic industry, particularly for alumina and silicon carbide. Due to its low sodium concentration, it is excellent for the fabrication of dielectric materials, piezoelectric ceramics, and other special electro-ceramics. Polypropylene carbonate is also used as a toughening ingredient in thermoset and epoxy resins to make them more durable. In the near future, this is projected to drive the worldwide polypropylene carbonate market.
Industrialization is driving the preference for non-hazardous, bio-based chemicals and biodegradable products, especially in developing regions around the world. Biodegradable plastics can be made using polypropylene carbonate and starch composites (PPC/starch). In the near future, this is expected to enhance the global polypropylene carbonate market. As far as this market is concerned, the global trend is quite clear. Investors are optimistic about the market and hence there will be further investments. Polypropylene carbonate is solvable in polar solvents such as lower ketones, dichloromethane, chlorinated hydrocarbons, and ethyl acetate. It is not solvable in solvents such as water, aliphatic hydrocarbons, and alcohols. Key players in the PPC market are Jiangsu Zhongke jinlong – CAS chemical, Tianguan, Empower materials, SK Energy, and BASF.
Who are the Major Players in the Polypropylene Carbonate Ppc Market?
The global Polypropylene Carbonate Ppc includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Empower Materials, SK Energy, Novomer, BASF, Cardia Bioplastics, Tianguan, Bangfeng, Jiangsu Zhongke Jinlong-CAS Chemical, Inner Mongolia Mengxi High-Tech and others.
Industry News and Updates:
August 18, 2020: LANXESS launches bio-based prepolymer line Adiprene Green--
LANXESS has developed a new range of MDI polyether prepolymers containing renewable raw materials. Marketed under the brand name Adiprene Green, the products are suitable as a replacement for existing fossil-based polyether prepolymers and allow the PU processor to produce components with a reduced CO2 footprint.
22 JULY 2020: HP partners with BASF to launch polypropylene material--
HP claims it has the same properties as existing PPs used in injection molding, and is ideal for piping, fluid systems, and containers. The PP material is reportedly durable enough to create cost effective production parts via its additive manufacturing systems, and the material has been developed for HP's Jet Fusion 5200 3D Series of systems.
What are the major Applications, Types and Regions for Polypropylene Carbonate (PPC) Market?
Polypropylene Carbonate (PPC) Market is segmented based on the type, applications, companies and regions.
By Type, Polypropylene Carbonate (PPC) Market has been segmented into
Ordinary PPC
Modified PPC
By Application, Polypropylene Carbonate (PPC) Market has been segmented into
Ceramic Industry
Used as Biodegradable Plastics
Others
The ceramics segment is projected to hold major share of the global polypropylene carbonate market during the forecast period. Polypropylene carbonate is used as a binder in ceramic industry. This is its major application in the building & construction industry.
The report offers in-depth assessment of the growth and other aspects of the Polypropylene Carbonate (PPC) Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Chinas Tianguan, Bangfeng, Jiangsu Zhongke Jinlong-CAS Chemical are leaders of Polypropylene Carbonate (PPC) in China, and they will continue to dominate the Chinese market. Foreign companies including Empower Materials, Novomer, and SK are the leaders in Polypropylene Carbonate (PPC). With new projects put into operation, their production market shares will decrease to some degree.
During the forecast period, Asia Pacific is estimated to account for a large portion of the worldwide polypropylene carbonate market, followed by North America and Europe. During the projected period, rising demand for waterproofing agents and plasticizers in China, Japan, and India is expected to provide profitable prospects for the market in the region. A prominent factor expected to boost the market in Asia Pacific during the projected period is an increase in private investment in developing economies such as Indonesia and Vietnam. In the near future, the polypropylene carbonate market in Latin America and the Middle East and Africa is expected to grow at a moderate rate. Because of the scarcity of polypropylene carbonate in countries like Brazil, Mexico, and South Africa, it is imported.
China's domestic projects almost are scattered in Henan, Inner Mongolia, Jiangsu, Guangzhou, and Zhejiang while the most global Polypropylene Carbonate (PPC) production is concentrated in China and America. Global top five manufacturers hold a share of about 70%. Asia-Pacific is the largest market, with a share of over 40%, followed by North America and Europe, both have a share of over 20 percent. In terms of product, Injection Molding Grade is the largest segment, with a share of about 80%. And in terms of application, the largest application is Biodegradable Plastics, followed by Electronics.
What is our Polypropylene Carbonate (PPC) Market report scope?
Yes, the report can be customized as per your needs
Key Takeaways from this Polypropylene Carbonate (PPC) Report
Evaluate Polypropylene Carbonate (PPC) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Polypropylene Carbonate (PPC) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Polypropylene Carbonate (PPC) Market?
The Polypropylene Carbonate (PPC) Market is growing at a CAGR of 6.6% over the next 5 years.
Who are the key players in Polypropylene Carbonate (PPC) Market?
What are the significant types of Polypropylene Carbonate (PPC) Market?
Ordinary PPC, Modified PPC
What are the major end-use applications of Polypropylene Carbonate (PPC) Market?
Ceramic Industry, Used as Biodegradable Plastics, Others
On the basis of application, Which segment is likely to hold the major share in the Polypropylene Carbonate (PPC) Market?
Ceramic Industry segment to hold the largest share in Polypropylene Carbonate (PPC) market
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL POLYPROPYLENE CARBONATE (PPC) BY TYPE
GLOBAL POLYPROPYLENE CARBONATE (PPC) BY APPLICTAION
MARKET DYNAMICS
DRIVERS
INCREASING DEMAND FOR POLYPROPYLENE CARBONATE (PPC)
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST ON MATERIALS
OPPORTUNITIES
POLYPROPYLENE CARBONATE (PPC)GROWTH
APPLICATION OF POLYPROPYLENE CARBONATE (PPC)
IMPACT OF COVID 19
GLOBALPOLYPROPYLENE CARBONATE (PPC), BY TYPE
INTRODUCTION
ORDINARY PPC
MODIFIED PPC
GLOBAL POLYPROPYLENE CARBONATE (PPC), BY APPLICATION
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
