US Polypropylene Resin Demand to Rise 1.5% Annually in Volume Terms Through 2022

10/16/2018

Cleveland, OH, October 16, 2018 — US polypropylene resin demand is forecast to increase 1.5% annually in volume terms through 2022, according to Polypropylene: United States, a report recently released by Freedonia Focus Reports. Rising manufacturing output will boost demand for polypropylene resin in many applications, especially packaging. Expanding construction activity will drive sales of polypropylene resin used in the production of geosynthetics, pipe, and other building materials. Compounding and processing improvements will improve the competitive position of polypropylene resin compared to metal and other materials. Further advances will be restrained by the ongoing resin lightweighting trend – reducing the volume of plastic per product – and continued competition from alternative resins such as high-density polyethylene.

Growth in the leading packaging market will drive gains through 2022. Demand will be supported by rising manufacturing output – particularly for beverages, food, and pharmaceuticals.

These and other key insights are featured in Polypropylene: United States. This report forecasts to 2022 US polypropylene resin demand and production in pounds. Total demand is also forecasted in nominal US dollars at the manufacturer level. Total demand by volume is segmented by market in terms of:

  • packaging
  • consumer and institutional
  • transportation
  • furniture and furnishings
  • building and construction
  • other markets such as electrical and electronic components, appliances, and machinery components

To illustrate historical trends, total demand, total production, total demand by value, the various segments, and trade are provided in annual series from 2007 to 2017.

Recycled PP resin is excluded from the scope of this report. Re-exports of PP resin are excluded from demand figures.

More information about the report is available at:

https://www.freedoniafocusreports.com/Polypropylene-United-States-FF55018/