Plentiful sunshine. Near record high temperatures. High 107F. Winds NW at 10 to 15 mph..
Clear skies. Low 76F. Winds NNW at 5 to 10 mph.
DUBLIN--(BUSINESS WIRE)--Aug 29, 2022--
The "Polypropylene & High-impact Polystyrene Market By Application, By Material: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The global polypropylene & high-impact polystyrene market was valued at $49.6 billion in 2021, and is projected to reach $81.1 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
The thermoplastic polymers polypropylene (PP) and high-impact polystyrene (HIPS), often known as PS, were first commercially introduced in the 1950s. They both have a low cost per unit weight, good heat resistance, excellent electrical insulation properties, and a wide range of chemical resistance. HIPS can be found in foam cups or various building components, such as doors and windows frames, while PP is used to produce supermarket bags and other throwaway packaging.
Increase in building activities, the developing packaging industry, and rise in demand for consumer products and electronics, and domestic applications are some of the primary drivers for the market growth. In addition, the market witnesses a number of notable developments, including adoption of automation in the injection molding process, increase in the usage of lightweight materials, and increase in packaging innovations.
Furthermore, strong demand for polypropylene and HIPS across a variety of end-use sectors, as well as growing awareness of the benefits of these materials in terms of sustainability over other options, such as glass or metal, drive the expansion of the market. Furthermore, increase in the number of recycling programs in wealthy economies is expected to boost the plastic usage globally.
The polypropylene & high-impact polystyrene market for injection molding is segmented on the basis of material, application, and region. By material, the market is segregated into polypropylene and high-impact polystyrene. On the basis of application, it is fragmented into consumer goods & electronics, household, packaging, horticulture & agriculture, construction, automotive, textile, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include, LyondellBasell, SABIC, Exxon Mobil Corporation, INEOS, KISCO LTD., Innova, Resilient Plastics Pvt. Ltd., King Plastic Corporation, China Petroleum & Chemical Corporation (Sinopec Limited), and LG Chem. The global polypropylene & high-impact polystyrene market for injection molding report provides in-depth competitive analysis as well as profiles of these major players.
CHAPTER 4: POLYPROPYLENE & HIGH-IMPACT POLYSTYRENE MARKET, BY APPLICATION
CHAPTER 5: POLYPROPYLENE & HIGH-IMPACT POLYSTYRENE MARKET, BY MATERIAL
CHAPTER 6: POLYPROPYLENE & HIGH-IMPACT POLYSTYRENE MARKET, BY REGION
For more information about this report visit https://www.researchandmarkets.com/r/3jjd9g
View source version on businesswire.com:https://www.businesswire.com/news/home/20220829005571/en/
Laura Wood, Senior Press Manager
press@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: CHEMICALS/PLASTICS ENERGY MANUFACTURING OIL/GAS
http://www.businesswire.com/news/home/20220829005571/en
Positive Cases Among Kern Residents: 279,785
Recovered and Presumed Recovered Residents: 269,152
Percentage of all cases that are unvaccinated: 72.32
Percentage of all hospitalizations that are unvaccinated: 83.33
Source: Kern County Public Health Services Department
Sorry, there are no recent results for popular videos.