The global Chlorinated Polypropylene market is projected to reach a value of USD 388 million in 2022 and USD 844.3 million in 2032, expanding at a CAGR of 8.1%.
The demand for chlorinated polypropylene for use in paints and coatings accounted for 26.3% of the global market share at the end of 2021. Chlorinated polypropylene has many applications, but the associated production costs are still very high. However, companies are taking steps to reduce production costs using conventional methods. Updating technology will significantly reduce production costs.
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In the near future, growing applications in the automotive industry
In comparison to other base layers, such as polypropylene, paper, metals, and other materials, chlorinated polypropylene has a better affinity. We are entering a new era of high technology, when electric cars, digital printing, digital technology, and industry automation are dominating the market. A direction for market participants to invest in and discover is provisionally created by the product’s given cost-effective solution with durability and multifaceted applications.
Additionally, the automobile business is a tough one that is rapidly expanding. There is a chance for market participants to increase their production to fulfil the rising demand from this industry thanks to the special qualities of chlorinated polypropylene as a primer in the automotive industry.
competitive landscape
The world’s leading manufacturers of chlorinated polypropylene products are adopting sustainable technologies and optimization systems for a variety of end-use industries.
Leading manufacturers are focusing on developing new product designs that help increase the durability and enhance the gloss effect of the print.
In a recently released report, Fact.MR provided in-depth insight into the pricing, sales and growth scope of leading chlorinated polypropylene producers located in different geographies.
Main company introduction
• Anhui Elite Industrial Co., Ltd.
• Eastman Chemical Company
• Nippon Paper Group
• Golden Success Chemical Co., Ltd • Haihang
Industrial Co. , Ltd.
• Isuochem
• N Shashikant & Co.,
• Sundow Polymer Co., Ltd.
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Segmentation:
- By module:
- liquid chlorinated polypropylene
- Mercury
- meteor
- Chlorinated polypropylene powder/solid
- liquid chlorinated polypropylene
- By function:
- primer
- glue
- application:
- production of paints and coatings
- ink production
- gravure ink
- regular ink
- Production of special adhesives
- erection
- car
- interior
- External
Regional Analysis For Chlorinated Polypropylene Market:
- APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (USA, Canada and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, United Arab Emirates, South Africa)
Contact:
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