Production of transport equipment, building products will also drive gains
Cleveland OH, September 5, 2023 — US demand for polypropylene (PP) resin is forecast to see annual increases of 1.5% in volume terms through 2027, according to Polypropylene: United States
, a report recently released by Freedonia Focus Reports. Suppliers will benefit from the rising output of food and beverages and the related need for polypropylene packaging, and growing production of transportation equipment parts and building products. Ongoing compounding and processing improvements will enable polypropylene resin to better compete with alternative materials such as other plastic resins and metal. Further advances will be restrained by the ongoing resin lightweighting trend and consumer perception of plastic as an environmentally harmful material. Suppliers of polypropylene resin will continue to face competition from alternative resins such as high-density polyethylene (HDPE) and bottle-grade polyethylene terephthalate (PET).
In 2023, demand for polypropylene resin is projected to expand 3.3%, amid growing activity in key markets, such as food and beverage production and related packaging requirements, and output of transportation equipment and building products.
These and other key insights are features in Polypropylene: United States
. This report provides annual forecasts to 2027 for US polypropylene resin demand and shipments in pounds. Total demand in pounds is segmented by market in terms of:
- consumer and institutional products
- transportation equipment
- building products
- furniture and furnishings
- other markets such as appliances, electrical and electronic components, and machinery components
To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2012 to 2022.
Recycled polypropylene resin is excluded from the scope of this report.
Re-exports of polypropylene resin are excluded from demand and trade figures.
More information about the report is available at:
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Plastics & Other Polymers
reports can be purchased at Freedonia Focus Reports
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study