10:20 ET Polypropylene Compounds Market Set to Reach US$ 43.5 Billion by 2031, Fueled by Lightweighting in Automotive and Construction | DataM Intelligence

prnewswire
2025.10.10 14:20
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The Polypropylene Compounds Market is projected to grow from US$ 27.6 billion in 2024 to US$ 43.5 billion by 2031, driven by demand in automotive, construction, and electronics. Key growth factors include lightweighting for fuel efficiency, sustainability, and performance enhancements. The market is segmented by product, application, and end-user, with mineral-filled and glass fiber reinforced compounds leading. The U.S. and Japan are significant markets, with major players like Borealis AG and Exxon Mobil Corporation focusing on innovation and regional supply chain localization.