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Polypropylene market to grow to 139.2 million tons by 2032 driven by Asia-Pacific demand and automotive packaging trends

Market News
05 Nov 2026, 07:00 WIB
Mordor Intelligence
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Bullish
Polypropylene market to grow to 139.2 million tons by 2032 driven by Asia-Pacific demand and automotive packaging trends

The global polypropylene market is projected to grow from 102.7 million tons in 2026 to 139.2 million tons by 2032, with a CAGR of 5.14%. Growth is fueled by rising demand for lightweight automotive parts, mono-material flexible packaging, and high-melt-strength polypropylene for foam applications. Asia-Pacific leads demand due to expanding production and consumption, especially in China and Indonesia. Manufacturers are also focusing on recycled-content polypropylene and specialty grades to meet evolving market needs.

The polypropylene market size is projected to reach 139.2 million tons by 2032. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Nov 05, 2026 06:31 WIB: 56 out of 83 stocks rose today. Notable movers include AUGO at USD 72.39 with a 12.92% increase and HL at USD 14.88 with a 12.64% increase.

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