POLYPROPYLENE MARKET Size and trends

Polypropylene Market Size and Trends

The global polypropylene market is estimated to be valued at USD 125.62 Bn in 2025 and is expected to reach USD 173.54 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.7% from 2025 to 2032.

Key Takeaways of the Polypropylene Market:

• The homopolymer segment is projected to account for 62.3% of the market share in 2025.
• The injection molding segment is expected to represent 52.5% of the market share in 2025.
• The fiber segment is anticipated to hold a 32.4% share of the market in 2025.
• Asia Pacific is projected to lead the global market with a 39.6% share, followed by the North America region with a 27.6% share in 2025.

Market Overview:

Polypropylene is widely used in various industries like packaging, automotive, construction, consumer goods, medical, etc. due to its properties such as resistance to corrosion and chemicals, mechanical, and thermal stability. Growing demand from the packaging industry especially for food packaging is expected to drive the market growth. The increasing usage of polypropylene in the automotive industry owing to its light weight and thermal resistance properties suitable for under the hood components is also supporting the market growth. In the construction sector, polypropylene is being increasingly utilized for manufacturing pipes, windows, and doors applications which is further expected to positively impact the market growth during the forecast period.