The European polypropylene market was valued at US$17,742.8 mln in 2013 and is projected to reach US$25,484.2 mln in 2018, at a CAGR of 6.3%, as per MicroMarket Monitor. Germany has dominated the European polypropylene market with a market share of 17%, which is anticipated to grow at the highest CAGR of 7.7%, followed by Italy and France. As the polypropylene market has reached its maturity phase, the market growth is expected to progress at a lower rate in the future, as compared to the previous years.
The polypropylene market in Europe is growing at a rapid pace, as it is one of the most chosen materials for the production of films. It is also specifically used in packaging of convenience products, carton-sealing tapes, specialty healthcare items, and technical parts (sewage/drain pipes, car bumpers, dashboards, and electric cables).
16-Jan-15 
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