Report summary

The future of polypropylene resin composites market looks good with opportunities in transportation, consumer goods, and electrical/electronics industries. The polypropylene resin composites market is expected to reach an estimated $657 million by 2021 and it is forecast to grow at a CAGR of 6.0% by value from 2016 to 2021. The major drivers for market growth are the increasing use of lightweight materials and the performance benefits of reinforced polypropylene composites over metals and pure plastics. Due to the cost-effective injection moulding process, polypropylene based composites are suitable for high volume production. Other drivers for market growth are the increasing use of environmentally sustainable thermoplastic composite materials and the replacement of metals in different end use industries.

Emerging trends, which have a direct impact on the dynamics of the polypropylene resin composites industry, include increasing penetration of reinforced polypropylene compounds in under-the-hood applications and increasing competition with other thermoplastics.

A total of 98 figures / charts and 23 tables are provided in this 118-page report to help in your business decisions.

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Growth Opportunities for Polypropylene Resin in the Global Composites Industry

118 pages, print format

Publication date: October 2016

Publisher: Lucintel

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