Please Wait.....
Report
China Recycled Polypropylene Market Research Report Forecast to 2030
Market Report I 2023-09-07 I 61 Pages I Market Research Future
China Recycled Polypropylene Market Research Report Forecast to 2030
Market Overview
The China recycled polypropylene market is projected to register healthy growth during the forecast period, 2022-2030. The market was valued at USD 2,333.63 million in 2021 and is projected to register a CAGR of 4.45% to reach USD 3,452.99 million by the end of 2030.
Plastic incineration and disposal restrictions imposed by the government raised public awareness of global warming and climate change. Also, when comparing polypropylene incineration with and without energy recovery, the environmental impact is minimized. Additionally, when comparing the energy consumption of end-of-life scenarios for polymers, recycling trumps incineration. As a result of the negative environmental effect of polypropylene disposal, might drive growth in the China recycled polypropylene market. Additionally, increasing use in end use markets especially packaging with further help the China recycled polypropylene market to grow.
Additionally, a Minderoo Foundation study published in May 2021 found that China accounted for one-fifth of the world's single-use plastic in 2019. Throughout the next five years, China will strengthen its efforts to phase out single-use plastics, improve recycling, and promote plastic alternatives to minimize pollution and meet the country's carbon neutrality objectives. As a result, government attempts to encourage recycled plastics would open attractive market opportunities for China's recycled polypropylene industry.
Major Players
Furthermore, according to MRFR analysis, the recycled polypropylene market has been segmented based on process, source, and application. Based on process, the market if further segmented into mechanical, and chemical.
Based on source, the market if further segmented into bottles, films, bags, foams, and others. The bottles segment accounted for the largest market share with a market value of USD 940.69 million in 2021.
Furthermore, based on application, the market if further segmented into packaging, automotive, building & construction, textile, medical, electronics, and others. The packaging segment accounted for the largest market share with a market value of USD 890.98 million in 2021: it is expected to register a CAGR of 4.96% to reach USD 1,377.40 million by the end of 2030.
Major Players
BASF SE, Veolia, Suez SA, Shenzhen Xinchanglong New Material Technology Co., Ltd, Eastman Chemical Company, LyondellBasell Industries Holdings, MBA Polymers, and Remondis SE & CO. KG among others are the major companies in the market.
?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 10
1.1 MARKET ATTRACTIVENESS ANALYSIS 12
1.1.1 RECYCLED POLYPROPYLENE MARKET ANALYSIS, BY PROCESS 12
1.1.2 RECYCLED POLYPROPYLENE MARKET ANALYSIS, BY SOURCE 13
1.1.3 RECYCLED POLYPROPYLENE MARKET ANALYSIS, BY APPLICATION 14
2 MARKET INTRODUCTION 15
2.1 DEFINITION 15
2.2 SCOPE OF THE STUDY 15
2.3 RESEARCH OBJECTIVE 15
2.4 MARKET STRUCTURE 16
3 RESEARCH METHODOLOGY 17
3.1 RESEARCH PROCESS 17
3.2 PRIMARY RESEARCH 18
3.3 SECONDARY RESEARCH 19
3.4 MARKET SIZE ESTIMATION 20
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 20
3.6 FORECAST MODEL 21
3.7 LIST OF ASSUMPTIONS & LIMITATIONS 22
4 MARKET DYNAMICS 23
4.1 OVERVIEW 23
4.2 DRIVERS 24
4.2.1 NEGATIVE ENVIRONMENTAL IMPACT OF POLYPROPYLENE DISPOSAL 24
4.2.2 INCREASING USE IN END USE MARKETS ESPECIALLY PACKAGING 24
4.3 RESTRAINTS 25
4.3.1 HIGH COMPETITION FROM VIRGIN PLASTICS 25
4.4 OPPORTUNITIES 25
4.4.1 GOVERNMENT INITIATIVES TO PROMOTE RECYCLED PLASTICS IN GLOBAL MARKET 25
4.5 CHALLENGES 26
4.5.1 DIFFICULTY IN COLLECTION OF PLASTIC WASTE 26
5 MARKET FACTOR ANALYSIS 27
5.1 SUPPLY CHAIN ANALYSIS 27
5.1.1 RAW END-USE SUPPLIERS 27
5.1.2 RECYCLED POLYPROPYLENE MANUFACTURERS 27
5.1.3 DISTRIBUTION & SALES CHANNELS 28
5.1.4 END USER 28
5.2 PORTER'S FIVE FORCES ANALYSIS 29
5.2.1 THREAT OF NEW ENTRANTS 29
5.2.2 BARGAINING POWER OF SUPPLIERS 29
5.2.3 THREAT OF SUBSTITUTES 31
5.2.4 BARGAINING POWER OF BUYERS 31
5.2.5 INTENSITY OF RIVALRY 31
5.3 IMPACT OF COVID-19 ON THE CHINA RECYCLED POLYPROPYLENE MARKET 31
6 CHINA RECYCLED POLYPROPYLENE MARKET, BY PROCESS 32
6.1 OVERVIEW 32
6.1.1 RECYCLED POLYPROPYLENE: MARKET ESTIMATES & FORECAST BY PROCESS, 2019-2030 32
6.1.2 RECYCLED POLYPROPYLENE: MARKET ESTIMATES & FORECAST BY PROCESS, 2019-2030 33
7 CHINA RECYCLED POLYPROPYLENE MARKET, BY SOURCE 34
7.1 OVERVIEW 34
7.1.1 RECYCLED POLYPROPYLENE: MARKET ESTIMATES & FORECAST BY SOURCE, 2019-2030 34
7.1.2 RECYCLED POLYPROPYLENE: MARKET ESTIMATES & FORECAST BY SOURCE, 2019-2030 35
8 CHINA RECYCLED POLYPROPYLENE MARKET, BY APPLICATION 36
8.1 OVERVIEW 36
8.1.1 RECYCLED POLYPROPYLENE: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030 36
8.1.2 RECYCLED POLYPROPYLENE: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030 37
9 COMPETITIVE LANDSCAPE 38
9.1 COMPETITIVE ANALYSIS 38
9.2 RECENT DEVELOPMENTS, MERGERS/ACQUISITIONS 38
9.3 MARKET STRATEGY ANALYSIS 40
9.4 COMPETITIVE BENCHMARKING 40
10 COMPANY PROFILES 41
10.1 VEOLIA ENVIRONMENT SA 41
10.1.1 COMPANY OVERVIEW 41
10.1.2 FINANCIAL OVERVIEW 42
10.1.3 PRODUCTS/SERVICES OFFERED 42
10.1.4 KEY DEVELOPMENTS 43
10.1.5 SWOT ANALYSIS 43
10.1.6 KEY STRATEGIES 43
10.2 SUEZ SA 44
10.2.1 COMPANY OVERVIEW 44
10.2.2 FINANCIAL OVERVIEW 45
10.2.3 PRODUCTS/SERVICES OFFERED 45
10.2.4 KEY DEVELOPMENTS 45
10.2.5 SWOT ANALYSIS 46
10.2.6 KEY STRATEGIES 46
10.3 BASF SE 47
10.3.1 COMPANY OVERVIEW 47
10.3.2 FINANCIAL OVERVIEW 48
10.3.3 PRODUCTS OFFERED 48
10.3.4 KEY DEVELOPMENTS 48
10.3.5 SWOT ANALYSIS 49
10.3.6 KEY STRATEGIES 49
10.4 EASTMAN CHEMICAL COMPANY 50
10.4.1 COMPANY OVERVIEW 50
10.4.2 FINANCIAL OVERVIEW 50
10.4.3 PRODUCTS OFFERED 51
10.4.4 KEY DEVELOPMENTS 51
10.4.5 SWOT ANALYSIS 51
10.4.6 KEY STRATEGIES 51
10.5 LYONDELLBASELL 52
10.5.1 COMPANY OVERVIEW 52
10.5.2 FINANCIAL OVERVIEW 52
10.5.3 PRODUCTS OFFERED 53
10.5.4 KEY DEVELOPMENT 53
10.5.5 SWOT ANALYSIS 53
10.5.6 KEY STRATEGIES 53
10.6 SHENZHEN XINCHANGLONG NEW MATERIAL TECHNOLOGY CO., LTD 54
10.6.1 COMPANY OVERVIEW 54
10.6.2 FINANCIAL OVERVIEW 54
10.6.3 PRODUCTS OFFERED 54
10.6.4 KEY DEVELOPMENTS 54
10.6.5 SWOT ANALYSIS 55
10.6.6 KEY STRATEGIES 55
10.7 MBA POLYMERS INC. 56
10.7.1 COMPANY OVERVIEW 56
10.7.2 FINANCIAL OVERVIEW 56
10.7.3 PRODUCTS OFFERED 56
10.7.4 KEY DEVELOPMENT 56
10.7.5 SWOT ANALYSIS 57
10.7.6 KEY STRATEGIES 57
10.8 REMONDIS SE & CO. KG 58
10.8.1 COMPANY OVERVIEW 58
10.8.2 FINANCIAL OVERVIEW 58
10.8.3 PRODUCTS OFFERED 58
10.8.4 KEY DEVELOPMNENT 58
10.8.5 SWOT ANALYSIS 59
10.8.6 KEY STRATEGIES 59
11 APPENDIX 60
11.1 REFERENCES 60
11.2 RELATED REPORTS 61
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS & LIMITATIONS 22
TABLE 2 RECYCLED POLYPROPYLENE MARKET ESTIMATES & FORECAST, BY PROCESS, 2019-2030 (USD MILLION) 32
TABLE 3 RECYCLED POLYPROPYLENE MARKET ESTIMATES & FORECAST, BY PROCESS, 2019-2030 (KILO TONS) 33
TABLE 4 RECYCLED POLYPROPYLENE MARKET ESTIMATES & FORECAST, BY SOURCE, 2019-2030 (USD MILLION) 34
TABLE 5 RECYCLED POLYPROPYLENE MARKET ESTIMATES & FORECAST, BY SOURCE, 2019-2030 (KILO TONS) 35
TABLE 6 RECYCLED POLYPROPYLENE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2030 (USD MILLION) 36
TABLE 7 RECYCLED POLYPROPYLENE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2030 (KILO TONS) 37
TABLE 8 RECENT DEVELOPMENTS, MERGERS/ACQUISITIONS 38
TABLE 9 VEOLIA ENVIRONMENT SA: PRODUCTS/SERVICES OFFERED 42
TABLE 10 VEOLIA ENVIRONMENT SA: KEY DEVELOPMENTS 43
TABLE 11 SUEZ SA: PRODUCTS/SERVICES OFFERED 45
TABLE 12 BASF SE: PRODUCTS OFFERED 48
TABLE 13 EASTMAN CHEMICAL COMPANY: PRODUCTS OFFERED 51
TABLE 14 LYONDELLBASELL: PRODUCTS OFFERED 53
TABLE 15 SHENZHEN XINCHANGLONG NEW MATERIAL TECHNOLOGY CO., LTD: PRODUCTS OFFERED 54
TABLE 16 SHENZHEN XINCHANGLONG NEW MATERIAL TECHNOLOGY CO., LTD: KEY DEVELOPMENTS 54
TABLE 17 MBA POLYMERS INC.: PRODUCTS OFFERED 56
TABLE 18 MBA POLYMERS INC.: PRODUCTS OFFERED 58
?
LIST OF FIGURES
FIGURE 1 BIO POWERSYNOPSIS 11
FIGURE 2 RECYCLED POLYPROPYLENE MARKET ANALYSIS BY PROCESS 12
FIGURE 3 RECYCLED POLYPROPYLENE MARKET ANALYSIS BY SOURCE 13
FIGURE 4 RECYCLED POLYPROPYLENE MARKET ANALYSIS BY APPLICATION 14
FIGURE 5 CHINA RECYCLED POLYPROPYLENE MARKET: MARKET STRUCTURE 16
FIGURE 6 RESEARCH PROCESS OF MRFR 17
FIGURE 7 MARKET DYNAMICS: ANALYSIS OF THE CHINA RECYCLED POLYPROPYLENE MARKET 23
FIGURE 8 DRIVER IMPACT ANALYSIS 24
FIGURE 9 RESTRAINT IMPACT ANALYSIS 25
FIGURE 10 SUPPLY CHAIN ANALYSIS FOR CHINA RECYCLED POLYPROPYLENE MARKET 27
FIGURE 11 PORTER'S FIVE FORCES ANALYSIS OF CHINA RECYCLED POLYPROPYLENE MARKET 29
FIGURE 12 CHINA RECYCLED POLYPROPYLENE MARKET, BY PROCESS, 2019 TO 2030 (USD MILLION) 31
FIGURE 13 CHINA RECYCLED POLYPROPYLENE MARKET, BY PROCESS, 2019 TO 2030 (KILO TONS) 32
FIGURE 14 CHINA RECYCLED POLYPROPYLENE MARKET, BY SOURCE, 2019 TO 2030 (USD MILLION) 33
FIGURE 15 CHINA RECYCLED POLYPROPYLENE MARKET, BY SOURCE, 2019 TO 2030 (KILO TONS) 34
FIGURE 16 CHINA RECYCLED POLYPROPYLENE MARKET, BY APPLICATION, 2019 TO 2030 (USD MILLION) 35
FIGURE 17 CHINA RECYCLED POLYPROPYLENE MARKET, BY APPLICATION, 2019 TO 2030 (KILO TONS) 36
FIGURE 18 COMPETITIVE BENCHMARKING 38
FIGURE 19 VEOLIA ENVIRONMENT SA: FINANCIAL OVERVIEW SNAPSHOT 40
FIGURE 20 VEOLIA ENVIRONMENT SA: SWOT ANALYSIS 41
FIGURE 21 SUEZ SA: FINANCIAL OVERVIEW SNAPSHOT 43
FIGURE 22 SUEZ SA: SWOT ANALYSIS 44
FIGURE 23 BASF SE: FINANCIAL OVERVIEW SNAPSHOT 46
FIGURE 24 BASF SE: SWOT ANALYSIS 47
FIGURE 25 EASTMAN CHEMICAL COMPANY: FINANCIAL OVERVIEW SNAPSHOT 48
FIGURE 26 EASTMAN CHEMICAL COMPANY: SWOT ANALYSIS 49
FIGURE 27 LYONDELLBASELL: FINANCIAL OVERVIEW SNAPSHOT 50
FIGURE 28 LYONDELLBASELL: SWOT ANALYSIS 51
FIGURE 29 SHENZHEN XINCHANGLONG NEW MATERIAL TECHNOLOGY CO., LTD: SWOT ANALYSIS 53
FIGURE 30 MBA POLYMERS INC.: SWOT ANALYSIS 55
FIGURE 31 MBA POLYMERS INC.: SWOT ANALYSIS 57
?
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security