New York, NY -- (SBWIRE) -- 03/02/2021 -- The application of High Melt Strength (HMS) Polypropylene in the automotive sector and increased demand from the APAC region will fuel the market growth.

Market Size – USD 2.91 Billion in 2018, Market Growth - CAGR of 18.6%, Market Trends – High demand from the packaging industry.

The global High Melt Strength (HMS) Polypropylene market is forecast to reach USD 14.26 Billion by 2026, according to a new report by Reports and Data. Polypropylene is a versatile thermoplastic material, which is compatible with several processing techniques and is used in various applications. The high melt strength (HMS) polypropylene is fabricated by the process of direct polymerization.

The Global High Melt Strength (HMS) Polypropylene Market Report 2027 published by Reports and Data to its ever expanding database covers critical data about the technological evolution, market share, market size, current and emerging trends, growth opportunities, current market situation, government regulations, limitations, threats, and challenges of the market. The report is an all-inclusive document covering the impacts of COVID-19 on the economy as well as demand of the market. The report provides a study of the present as well as future impact of the COVID-19 crisis on the overall market. The study also benefits the players by providing a concise and effective strategy to strengthen their footing in the market.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1653

 The competitive landscape of the market offers significant insight into the key market players operating in the High Melt Strength (HMS) Polypropylene market. The segment covers market share, product portfolio, pricing analysis, and strategic business decisions taken by each market player. The report also includes the strategic steps and initiatives undertaken by the companies to combat the impact of the pandemic. The major companies explored in the report are Borealis AG, Borouge, Braskem, Lotte Chemical, Exxon Mobil, Dow Chemical, LyondellBasell, Total Petrochemicals & Refining, Cray Valley, and Omnexus, among others.

Further key findings from the report suggest

- Injection molding held the largest market share of 36.2% in the year 2018. The increased application of High Melt Strength (HMS) Polypropylene in the shaping of rubber or plastic articles by injecting heated material into a mold is boosting the segment's growth.
- Automotive headliners often consist of face fabric with nonwoven or foam backing. High Melt Strength (HMS) Polypropylene are being increasingly used as foam to reduce the overall weight of the vehicle. Headliners segment is forecasted to hold a market share of 18.1% during the forecast period.
- Low density extruded High Melt Strength (HMS) Polypropylene foams are increasingly being used in food packaging and is forecasted to grow with a CAGR of 18.8% during the forecast period.
- Protective packaging capitalizes on several favorable features of low-density HMS polypropylene foam. Target properties in stiffness, elasticity, and low-temperature impact can be reached easily with HMS Polypropylenes.
- High Melt Strength (HMS) Polypropylene has good low-temperature impact properties, good thermal insulation, low density, and it shows good heat resistance which makes it apt to be used in packaging as the material used should be both microwaveable and recyclable.
- The Asia Pacific region held the largest market share of 33.1% in the year 2018. Emerging economies such as India, and China, and developed economies like Japan are the major consumers of High Melt Strength (HMS) Polypropylene. China is anticipated to grow its HMS propylene capacity at the fastest pace as compared to other nations across the globe to become the largest producer in the coming years.

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/1653

The report offers a comprehensive study of the regional bifurcation of the market and provides insightful data about the regulatory framework, current and emerging market trends, opportunities, supply-demand ratio, production and consumption volume, and the import/export ratio in each region. It also evaluates the presence of each market player in the region and strategic initiatives taken by the companies to gain a robust presence in the region. The regional segmentation covers country-wise analysis of the market and includes:

North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The research report on the global High Melt Strength (HMS) Polypropylene market offers extensive analysis of the product spectrum and application scope of the business landscape. Based on the product type, the High Melt Strength (HMS) Polypropylene market is split into:

Molding Technique Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)

Injection Molding
Blow Molding
Extrusion
Others

Applications Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)

Molding and Injection
Film & Sheet
Blow Molding
Medical Devices
Fiber and Raffia
Headliners

End-User Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Billion; 2016-2026)

Packaging
Automotive
Building and Construction
Healthcare
Others

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/high-melt-strength-hms-polypropylene-market

To summarize, the report provides insightful data regarding every aspect of the market to enable the players to gain a competitive edge. The report comprises of data and information gathered from extensive primary and secondary research and is validated and verified by industry experts and professionals. The data provides reliable statistics for the period of 2020-2027 organized in the form of tables, charts, graphs, diagrams, and other graphical representations.

Thank you for reading our report. The report can be customized as per requirement. Please get in touch with us for further inquiry and we will ensure you get the report best suited for your needs.  

Browse Our Related Report:

Calcium Propionate Market Size

Calcium Propionate Market Share

Calcium Propionate Market Trends

Calcium Propionate Market Opportunity

Calcium Propionate Market Overview

About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com