Please Wait.....
Report
Recycled Propylene Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Process (Mechanical, Chemical), By Source (Bottles & Containers, Films, Bags, Foams, Industrial & Agricultural Waste, Others), By Application (Packaging, Automobile, Building & Construction, Textiles, Pharmaceuticals, Electronics, Others), By Region, and Competition
Market Report I 2023-03-01 I 114 Pages I TechSci Research
Global market for Recycled Propylene is expected to grow impressively through 2028. Owing to the expanding use of plastics, the worldwide plastic waste situation has dramatically worsened, raising serious concerns for both the environment and human health. Propylene, in nature, is a thermoplastic, and it has several advantages over other materials, including lightweight, resistance to chemicals, acids, and bases, strength, and low moisture resistance. It is widely employed in various fields because of its excellent chemical and mechanical qualities. The use of plastic increases as compared to other materials. Recycled propylene is a popular material because of its ecologically beneficial ability. There are several negative environmental repercussions associated with the growing usage of plastic, and as a result, recycled plastic is becoming more and more in demand across the world. Among the recyclable plastic, recycled propylene is one of the most used polymers in packaging, labeling, textiles, and plastic parts. Various strict laws are in place all over the world to prevent the use of plastic and to manage plastic trash. Significant expenditures in R&D to create new plastic recycling methods have also resulted from this. Consumer appetite for cutting-edge technology that maximizes profit drives the market's expansion. Therefore, it is anticipated that the global market for recycled propylene will expand throughout the projection period.
Rising Demand from the Packaging sector Driving the Market
Increasing the use of recycled propylene in various industries, particularly in packaging, where demand is linked to the consumption of packaged foods and drinks, is anticipated to fuel market expansion during the forecast period. Recycled propylene is used in packaging materials for the food and beverage industries because it has high moisture resistance and reduces the likelihood of significant food degradation.
Increasing Demand from the Construction Sector
It is projected that the use of recycled propylene will be driven by the constantly expanding building and construction sector. The structural timber, insulation, windows, and fences widely used in construction are all made from recycled propylene. In addition, the building and construction sector is expanding quickly in emerging nations. Building and construction sector growth is expected to be fueled by increased government spending in infrastructure development and government strategies to draw FDI to emerging economies. Thus, the need for global recycled propylene market is expected to rise during the forecast period.
Automobile Applications Dominate the Market
According to the application, it is anticipated that the automobile sector would have a more significant market share for recycled propylene. A high proportion of this market is largely related to manufacturing parts like battery cases, bumpers, carpet fiber, etc. The use of recycled propylene is predicted to expand in the coming years due to rising environmental concerns, which are expected to drive demand for recycled propylene in their manufacturing.
Strategic Developments
- According to an agreement signed between Berry Global and PureCycle, Berry Global will now have access to PureCycle's ultra-pure recycled (UPR) propylene resin. One of Berry's most recent announcements in November 2021 for improving its recycled material procurement is the partnership.
- Recently, KW Plastics began construction on a propylene wash line, increasing its operational capacity by 100 million pounds annually as per information in December 2021. The product line would increase productivity, according to Scott Saunders, the general manager of the company.
- In addition to producing over 100 million pounds of propylene per year, in 2017, P&G introduced the PureCycle technology, which would also create better-recycled propylene for food packaging.
- In January 2020, L. Bruggemann GmbH & Co. KG and Fraunhofer LBF, both with headquarters in Germany, announced their collaboration to develop innovative stabilizer systems for recovered polyolefins to increase the recyclability of plastics.
- A prominent packaging and paper business, Mondi plc (Australia), and the British-Dutch multinational consumer goods giant Unilever announced their partnership to manufacture a recyclable propylene (PP) mono-material bag in Turkey for the Knorr line of dry soup powders. In October 2021, Unilever committed to reducing its reliance on virgin plastic. By increasing its use of recycled plastic and expanding reuse and refill forms, the FMCG giant hopes to lower its consumption of plastic packaging by more than 100,000 metric tonnes.
Market Segmentation
The Global Recycled Propylene Market is segmented based on process, source, application, and region. Based on the process, the market is bifurcated into mechanical and chemical. Based on source, the market is divided into bottles & containers, films, bags, foams, industrial & agricultural waste, and others. Based on application, the market is divided into packaging, automobile, building & construction, textiles, pharmaceuticals, electronics, and others. Based on region, the market is divided into (North America, Europe, Asia Pacific, South America, the Middle East & Africa), By Company.
Company Profiles
LyondellBasell Industries Holdings B.V, Haldia Petrochemicals Limited, Reliance Industries Limited, Westlake Chemical Corporation, Formosa Plastics Corporation, Custom Polymers Inc., Joe's Plastic Inc., MBA Polymers Inc., Veolia Polymers NL B.V, SUEZ SA are the key players operating in the Global Recycled Propylene Market.
Report Scope:
In this report, global recycled propylene market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
- Recycled Propylene Market, By Process:
o Mechanical
o Chemical
- Recycled Propylene Market, By Source:
o Bottles & Containers
o Films
o Bags
o Foams
o Industrial & Agricultural Waste
o Others
- Recycled Propylene Market, By Application:
o Packaging
o Automobile
o Building & Construction
o Textiles
o Pharmaceuticals
o Electronics
o Others
- Recycled Propylene Market, By Region:
o North America
- United States
- Mexico
- Canada
o Europe
- France
- Germany
- United Kingdom
- Spain
- Italy
- Netherlands
- Sweden
- Belgium
o Asia-Pacific
- China
- India
- South Korea
- Japan
- Thailand
- Vietnam
- Philippines
- Australia
- Indonesia
o South America
- Brazil
- Argentina
o Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive landscape
Company Profiles: Detailed analysis of the major companies present in Global Recycled Propylene Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Recycled Propylene Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Process (Mechanical, Chemical)
5.2.2. By Source (Bottles & Containers, Films, Bags, Foams, Industrial & Agricultural Waste, Others)
5.2.3. By Application (Packaging, Automobile, Building & Construction, Textiles, Pharmaceuticals, Electronics, Others)
5.2.4. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
5.2.5. By Company (2022)
5.3. Market Map
5.3.1. By Process
5.3.2. By Source
5.3.3. By Application
5.3.4. By Region
6. North America Recycled Propylene Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Process
6.2.2. By Source
6.2.3. By Application
6.2.4. By Country
6.3. Pricing Analysis
6.4. North America: Country Analysis
6.4.1. United States Recycled Propylene Market Outlook
6.4.1.1. Market Size & Forecast
6.4.1.1.1. By Value & Volume
6.4.1.2. Market Share & Forecast
6.4.1.2.1. By Process
6.4.1.2.2. By Source
6.4.1.2.3. By Application
6.4.2. Mexico Recycled Propylene Market Outlook
6.4.2.1. Market Size & Forecast
6.4.2.1.1. By Value & Volume
6.4.2.2. Market Share & Forecast
6.4.2.2.1. By Process
6.4.2.2.2. By Source
6.4.2.2.3. By Application
6.4.3. Canada Recycled Propylene Market Outlook
6.4.3.1. Market Size & Forecast
6.4.3.1.1. By Value & Volume
6.4.3.2. Market Share & Forecast
6.4.3.2.1. By Process
6.4.3.2.2. By Source
6.4.3.2.3. By Application
7. Europe Recycled Propylene Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Process
7.2.2. By Source
7.2.3. By Application
7.2.4. By Country
7.3. Pricing Analysis
7.4. Europe: Country Analysis
7.4.1. France Recycled Propylene Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Process
7.4.1.2.2. By Source
7.4.1.2.3. By Application
7.4.2. Germany Recycled Propylene Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Process
7.4.2.2.2. By Source
7.4.2.2.3. By Application
7.4.3. United Kingdom Recycled Propylene Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value & Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Process
7.4.3.2.2. By Source
7.4.3.2.3. By Application
7.4.4. Spain Recycled Propylene Market Outlook
7.4.4.1. Market Size & Forecast
7.4.4.1.1. By Value & Volume
7.4.4.2. Market Share & Forecast
7.4.4.2.1. By Process
7.4.4.2.2. By Source
7.4.4.2.3. By Application
7.4.5. Italy Recycled Propylene Market Outlook
7.4.5.1. Market Size & Forecast
7.4.5.1.1. By Value & Volume
7.4.5.2. Market Share & Forecast
7.4.5.2.1. By Process
7.4.5.2.2. By Source
7.4.5.2.3. By Application
7.4.6. Netherlands Recycled Propylene Market Outlook
7.4.6.1. Market Size & Forecast
7.4.6.1.1. By Value & Volume
7.4.6.2. Market Share & Forecast
7.4.6.2.1. By Process
7.4.6.2.2. By Source
7.4.6.2.3. By Application
7.4.7. Sweden Recycled Propylene Market Outlook
7.4.7.1. Market Size & Forecast
7.4.7.1.1. By Value & Volume
7.4.7.2. Market Share & Forecast
7.4.7.2.1. By Process
7.4.7.2.2. By Source
7.4.7.2.3. By Application
7.4.8. Belgium Recycled Propylene Market Outlook
7.4.8.1. Market Size & Forecast
7.4.8.1.1. By Value & Volume
7.4.8.2. Market Share & Forecast
7.4.8.2.1. By Process
7.4.8.2.2. By Source
7.4.8.2.3. By Application
8. Asia-Pacific Recycled Propylene Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Process
8.2.2. By Source
8.2.3. By Application
8.2.4. By Country
8.3. Pricing Analysis
8.4. Asia-Pacific: Country Analysis
8.4.1. China Recycled Propylene Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Process
8.4.1.2.2. By Source
8.4.1.2.3. By Application
8.4.2. India Recycled Propylene Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Process
8.4.2.2.2. By Source
8.4.2.2.3. By Application
8.4.3. South Korea Recycled Propylene Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Process
8.4.3.2.2. By Source
8.4.3.2.3. By Application
8.4.4. Japan Recycled Propylene Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value & Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Process
8.4.4.2.2. By Source
8.4.4.2.3. By Application
8.4.5. Thailand Recycled Propylene Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value & Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Process
8.4.5.2.2. By Source
8.4.5.2.3. By Application
8.4.6. Vietnam Recycled Propylene Market Outlook
8.4.6.1. Market Size & Forecast
8.4.6.1.1. By Value & Volume
8.4.6.2. Market Share & Forecast
8.4.6.2.1. By Process
8.4.6.2.2. By Source
8.4.6.2.3. By Application
8.4.7. Philippines Recycled Propylene Market Outlook
8.4.7.1. Market Size & Forecast
8.4.7.1.1. By Value & Volume
8.4.7.2. Market Share & Forecast
8.4.7.2.1. By Process
8.4.7.2.2. By Source
8.4.7.2.3. By Application
8.4.8. Australia Recycled Propylene Market Outlook
8.4.8.1. Market Size & Forecast
8.4.8.1.1. By Value & Volume
8.4.8.2. Market Share & Forecast
8.4.8.2.1. By Process
8.4.8.2.2. By Source
8.4.8.2.3. By Application
8.4.9. Indonesia Recycled Propylene Market Outlook
8.4.9.1. Market Size & Forecast
8.4.9.1.1. By Value & Volume
8.4.9.2. Market Share & Forecast
8.4.9.2.1. By Process
8.4.9.2.2. By Source
8.4.9.2.3. By Application
9. South America Recycled Propylene Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Process
9.2.2. By Source
9.2.3. By Application
9.2.4. By Country
9.3. Pricing Analysis
9.4. South America: Country Analysis
9.4.1. Brazil Recycled Propylene Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Process
9.4.1.2.2. By Source
9.4.1.2.3. By Application
9.4.2. Argentina Recycled Propylene Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value & Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Process
9.4.2.2.2. By Source
9.4.2.2.3. By Application
10. Middle East and Africa Recycled Propylene Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Process
10.2.2. By Source
10.2.3. By Application
10.2.4. By Country
10.3. Pricing Analysis
10.4. MEA: Country Analysis
10.4.1. South Africa Recycled Propylene Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value & Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Process
10.4.1.2.2. By Source
10.4.1.2.3. By Application
10.4.2. Saudi Arabia Recycled Propylene Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value & Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Process
10.4.2.2.2. By Source
10.4.2.2.3. By Application
10.4.3. UAE Recycled Propylene Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value & Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Process
10.4.3.2.2. By Source
10.4.3.2.3. By Application
11. Market Dynamics
11.1. Drivers
11.1.1. Increasing demand from end-use industry
11.1.2. Governments' strict laws and restrictions
11.1.3. Lessen the production's energy demand and CO2 emissions
11.2. Challenges
11.2.1. High cost of recycled plastics
11.2.2. Fluctuation in the price of crude oil may hamper growth
12. Market Trends & Developments
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. Global Recycled Propylene Market: SWOT Analysis
14. Porters Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Business Overview
15.2. Product Offerings
15.3. Recent Developments
15.4. Financials (As Reported)
15.5. Key Personnel
15.6. SWOT Analysis
15.6.1. LyondellBasell Industries Holdings B.V
15.6.2. Haldia Petrochemicals Limited
15.6.3. Reliance Industries Limited
15.6.4. Westlake Chemical Corporation
15.6.5. Formosa Plastics Corporation
15.6.6. Custom Polymers Inc.
15.6.7. Joe's Plastic Inc.
15.6.8. MBA Polymers Inc.
15.6.9. Veolia Polymers NL B.V
15.6.10. SUEZ SA
16. Strategic Recommendations
- 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