Industry

About

Chlorinated Polypropylene (CPP) Market

Chlorinated Polypropylene (CPP) Market Analysis By Form (Liquid, Powder & Solid Chlorinated Polypropylene) By Function (Primers & Adhesives) By Application and By Region - Global Market Insights 2024 to 2034

Analysis of Chlorinated Polypropylene (CPP) Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

FACT7579MR
29 Aug 2024
Chemical & Materials
170 Pages
32 Tables
32 Figures

Chlorinated Polypropylene (CPP) Market Outlook (2024 to 2034)

The global chlorinated polypropylene (CPP) market is projected value at US$ 453.4 million in 2024 and expand at a CAGR of 5.1% to end up at US$ 745.6 million by 2034.

Chlorinated polypropylene demand for use in paints and coatings accounted for 28.1% of the global market share at the end of 2024.

Report Attributes	Details
Market Size (2023A)	US$ 432.6 million
Estimated Market Value (2024E)	US$ 453.4 million
Forecasted Market Value (2034F)	US$ 745.6 million
Global Market Growth Rate (2024 to 2034)	5.1% CAGR
North America Market Share (2024E)	27.1%
East Asia Market Growth Rate (2024 to 2034)	5.7% CAGR
US Market Growth Rate (2024E)	4.9% CAGR
Key Companies Profiled	Eastman Chemical Company; TRAMACO GmbH; Anhui Elite Industrial Co. Ltd.; Golden Success Chemical Co., Ltd.; HUPC Global Chemical; Randeon Chemical Industry; Solger Industry; SunyChem; Phoenix Chemical; Nippon Paper Industries Co., Ltd.; MDI Chemicals; N Shashikant & Co.; Sundow Polymer Co., Ltd; TOYOBO MC; Other Prominent Players.

Sales Analysis of Chlorinated Polypropylene (CPP) (2019 to 2023) vs. Market Forecasts (2024 to 2034)

Due to its various properties such as thermal aging, weather resistance, resistance to chemicals, and ozone & oil resistance, chlorinated polypropylene (CPP) is widely used in applications such as coatings, adhesives, inks, etc.

Chlorinated polypropylene has several interdisciplinary applications, however, the production cost associated is still very high. Although, companies are adopting measures to lower production costs using advanced technology. Up-gradation in the technology would significantly lower the production cost.

Also, manufacturers could make a collaborative approach for multiple distribution channels to reduce margin leakage that increases the cost of products in the fixed channel. This could escalate its commercial adoption and usages in several industries.

Historical Report Attributes	Details
Market Size (2019A)	US$ 358.7 million
Market Size (2023A)	US$ 432.6 million
Historical CAGR (2019 to 2023)	4.8%
Forecasted CAGR (2024 to 2034)	5.1%

Short Term (2024 to 2027): Growing offline and non-digital advertising market to propel the demand for printing inks in the short term.
Medium Term (2025 to 2028): Burgeoning demand from paints and coatings along with rising construction activities across emerging markets such as the Asia Pacific to drive demand for chlorinated propylene in the medium term.
Long Term (2030 to 2034): Gradual realization of the benefits associated with CPP mass utilization across industries will heighten revenue trajectory by 2034

Over the last 5 years, the global chlorinated polypropylene market progressed at a CAGR of 4.8% and is anticipated to expand rapidly at 5.1% CAGR between 2024 and 2034, according to Fact.MR, a market research and competitive intelligence provider.

Regional market shares and share based on the application segment of chlorinated polypropylene are provided in a nutshell in the above image. Under the application segment, paints and coatings currently dominate with 28.1% market share.

Market Dynamics

What’s Driving High Demand for Chlorinated Polypropylene?

“Advanced Packaging Solutions - A Key Trend in the Market”

Despite the pandemic, the packaging industry has gained traction as consumers have become more observant about the products and their outer appearance. The functional facet of packaging is to provide protection to the finished goods and give a general overview of the product to the consumer. Good packaging ensures safe consumption of the inside product, especially in the case of consumables.

Printing on final goods defines the impression of the product and the brand value; however, this is quite challenging to achieve on polyolefin packaging as the chemical property of polyolefin does not allow printing ink to adhere to the surface for a longer duration. To solve this issue, chlorinated polypropylene acts as a great adhesive binder and allows printing ink to have enhanced illustrate and effect on the packaging material for a longer duration, which attracts consumer curiosity.

“Growing Applications in Automotive Industry in Near Term”

Chlorinated polypropylene has a better affinity towards various base layers such as polypropylene, paper, metals, and other materials. We are moving towards a new generation of high tech, where electric vehicles, digital technology, digital printing, and automation in industries are dominating the market scenario. A cost-effective solution with durability and multi-dimensional application of the product offering is tentatively to create a direction for market players to invest and discover new opportunity.

Also, the automotive industry is a demanding industry that is gaining a lot of traction. With the peculiar properties of chlorinated polypropylene as a primer in the automotive industry, there is an opportunity for market players to escalate their production to meet the increasing demand from this industry.

What Issues Do Chlorinated Polypropylene Producers Face?

“Fluctuating Prices of Raw Materials & Government Policies Regarding Use of Plastics”

Rising concerns over environmental issues require extra surveillance. Use of plastics is one of the important factors escalating the environmental issue. Government authorities have started to impose stringent policies for the use of single-use plastics. These regulations vary from country to country as per government and manufacturer.

Changes in raw material and processing prices lead to high cost of chlorinated polypropylene production and will slow down the growth rate of the chlorinated polypropylene market. Volatile raw material and processing costs will adversely influence the future results of the market. These factors have been dampening the market growth rate historically as well. Chlorinated polypropylene is facing upward pricing pressures due to tightening supplies and high demand from several end-use industries.

Manufacturers need to focus on such issues and implement measures to control the effect of rising prices, and also develop products in accordance with government policies.

Country-wise Insights

How is Growing Infrastructure in the U.S. Driving CPP Usage?

The U.S. paints and coating industry was valued at US$ 28.3 billion in 2023 and is expected to expand at a CAGR of 4.1%. Rising construction activities are driving paint and coating production, which, in turn, is propelling the demand for several raw materials that are used in paint and coatings, such as chlorinated polypropylene.

According to the U.S. Bureau of Labor Statistics, regardless of the pandemic, a 3.7% increase in house expenditure was observed during 2019 to 2023. It is mainly due to increase in adoption rate of fancy houses, cars, and other premium products. Various state governments in the U.S. are funding the development of infrastructure to provide a better platform for industries to flourish. This growth in expenditure on construction is complemented by the rising demand from the automobile industry, which will add to North America’s chlorinated polypropylene market growth, with the United States the leading country in terms of market share over the coming years.

The United States chlorinated polypropylene market is estimated at US$ 84.5 million in 2024 and is projected to reach US$ 136.3 million by 2034.

Why is the Chlorinated Polypropylene Market in Germany Expected to Be Highly Lucrative?

Germany is a hub for the automobile industry across the world. The automobile industry is experiencing a shift from diesel to electric vehicles. Germany’s auto sector is recovering speedily from the COVID-19 pandemic due to broad-level measures taken by the government that will transform both, the industry and future of mobility.

Strong growth of the automotive industry will fuel the demand for chlorinated polypropylene owing to its good adhesion properties on automotive sub-parts.

Application of chlorinated polypropylene in painting exterior and interior automobile parts is also set to increase with the growing demand for electric vehicles in the long term.

The German market for chlorinated polypropylene is currently valued at US$ 23.2 Million in 2024.

Category-wise Insights

How is the Growing Paints & Coatings Industry Driving Demand for CPP?

Architectural and decorative coatings are paints that majorly use chlorinated polypropylene in the construction industry. Rapid growth in infrastructure in developing countries is driving the demand for raw materials such as chlorinated polypropylene in the paint industry. CPP is majorly used to enhance the durability and finishing of paints and coatings.

Increase in construction and infrastructure activities in Asia Pacific is one of the main reasons why the chlorinated polypropylene market is growing. Developing countries such as India still present scope for a lot of development in infrastructure for providing support to industries to stimulate economic growth and improve the quality of life of residents.

Consumption of paints & coatings in industrial and decorative applications is expected to witness robust growth during the forecast period. A significant share of overall chlorinated polypropylene consumption is held by the paints and coatings industry. Anticipated steady growth in the consumption of paints and coatings is expected to drive the need for chlorinated polypropylene over the coming years.

With the global economy growing, demand for paints and coatings for chlorinated polypropylene is expected to generate an absolute dollar opportunity of US$ 292.2 million during the forecast period of 2024 to 2034.

Why Does Liquid Chlorinated Polypropylene Account for a Greater Market Share?

The making of water-borne paints and adhesives is highly demanded due to various environmental concerns, such as VOC restrictions. The liquid form of chlorinated polypropylene helps in giving better adhesion to paints, majorly water-borne paints. The liquid form of chlorinated polypropylene also gives good adhesion to printing inks and makes them stay longer on various packaging materials with high gloss.

Since packaging improves the overall appearance of a product, manufacturers have started offering customized printing offerings to customers. These are mainly used in the preparation of adhesives such as PP film heat sealing coatings, paint vehicles, etc.

The liquid CPP is expected to create an absolute $ opportunity of US$ 188.1 million by the end of the assessment period.

Competitive Landscape

Prominent chlorinated polypropylene manufacturers are Anhui Elite Industrial Co. Ltd, Eastman Chemical Company, Nippon Paper Group, Golden Success Chemical Co., Ltd, Haihang Industry Co. Ltd, iSuoChem, N Shashikant & Co., TOYOBO MC and Sundow Polymer Co. Ltd. The world’s topmost manufacturers of chlorinated polypropylene products are employing sustainable technologies and optimization systems for diverse end-use industries.

Key manufacturers are focusing on developing new product designs that help increase durability and also enhance the gloss effect of printing.

Fact.MR has given in-depth information about the pricing, sales, and scope of growth of key manufacturers of chlorinated polypropylene positioned across regions, in the recently published report

Fact.MR has provided detailed information about the price points of key manufacturers of Chlorinated Polypropylene (CPP) positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Chlorinated Polypropylene (CPP) Market

By Form :
- Liquid
  - Waterborne
  - Solvent borne
- Powder/Solids
By Function :
- Primer
- Binder
- Adhesive
By Application :
- Paints & Coatings Production
- Inks Production
  - Gravure Inks
  - General Inks
- Special Purpose Adhesives Production
- Construction
- Automotive
  - Interior
  - Exterior
- Others
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa

- Frequently Asked Questions -

Which end-use verticals held a leading share of the Chlorinated Polypropylene (CPP) in 2024?

In 2024, the paints & coatings production Chlorinated Polypropylene (CPP) application segment held a 28.1% market share.

What will be the sales value of Chlorinated Polypropylene (CPP) in 2034?

The global Chlorinated Polypropylene (CPP) are estimated to be valued at US$ 745.6 million in 2034.

Which region accounts for a leading market share?

North America is estimated to account for 27.1% share of the global market in 2024.

What is the demand projection for paints & coatings production of application segment in Chlorinated Polypropylene (CPP) market by the end of 2034?

By the end of 2034, the paints & coatings production of application in chlorinated polypropylene (CPP) sector in the global market is expected to reach a value of US$ 209.5 million.

Table of Content

1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-Economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Form
- 6.2. Function
- 6.3. Application
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form
- 7.1. Liquid
  - 7.1.1. Waterborne
  - 7.1.2. Solvent borne
- 7.2. Powder/Solids
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Function
- 8.1. Primer
- 8.2. Binder
- 8.3. Adhesive
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
- 9.1. Paints & Coatings Production
- 9.2. Inks Production
  - 9.2.1. Gravure Inks
  - 9.2.2. General Inks
- 9.3. Special Purpose Adhesives Production
- 9.4. Construction
- 9.5. Automotive
  - 9.5.1. Interior
  - 9.5.2. Exterior
- 9.6. Others
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. MEA
11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. MEA Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Sales Forecast 2024 to 2034 by Form, Function, and Application for 30 Countries
19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
20. Company Profile
- 20.1. Eastman Chemical Company
- 20.2. TRAMACO GmbH
- 20.3. Anhui Elite Industrial Co. Ltd.
- 20.4. Golden Success Chemical Co., Ltd.
- 20.5. HUPC Global Chemical
- 20.6. Randeon Chemical Industry
- 20.7. Solger Industry
- 20.8. SunyChem
- 20.9. Phoenix Chemical
- 20.10. Nippon Paper Industries Co., Ltd.
- 20.11. MDI Chemicals
- 20.12. N Shashikant & Co.
- 20.13. Sundow Polymer Co., Ltd
- 20.14. TOYOBO MC
21. Assumptions and Acronyms Typed
22. Research Methodology

List Of Table

Table 01: Global Market US$ Mn & Units Forecast by Region, 2019 to 2034

Table 02: Global Market US$ Mn & Units Forecast by Form, 2019 to 2034

Table 03: Global Market US$ Mn & Units Forecast by Function, 2019 to 2034

Table 04: Global Market US$ Mn & Units Forecast by Application, 2019 to 2034

Table 05: North America Market US$ Mn & Units Forecast by Country, 2019 to 2034

Table 06: North America Market US$ Mn & Units Forecast by Form, 2019 to 2034

Table 07: North America Market US$ Mn & Units Forecast by Function, 2019 to 2034

Table 08: North America Market US$ Mn & Units Forecast by Application, 2019 to 2034

Table 09: Latin America Market US$ Mn & Units Forecast by Country, 2019 to 2034

Table 10: Latin America Market US$ Mn & Units Forecast by Form, 2019 to 2034

Table 11: Latin America Market US$ Mn & Units Forecast by Function, 2019 to 2034

Table 12: Latin America Market US$ Mn & Units Forecast by Application, 2019 to 2034

Table 13: Western Europe Market US$ Mn & Units Forecast by Country, 2019 to 2034

Table 14: Western Europe Market US$ Mn & Units Forecast by Form, 2019 to 2034

Table 15: Western Europe Market US$ Mn & Units Forecast by Function, 2019 to 2034

Table 16: Western Europe Market US$ Mn & Units Forecast by Application, 2019 to 2034

Table 17: Eastern Europe Market US$ Mn & Units Forecast by Country, 2019 to 2034

Table 18: Eastern Europe Market US$ Mn & Units Forecast by Form, 2019 to 2034

Table 19: Eastern Europe Market US$ Mn & Units Forecast by Function, 2019 to 2034

Table 20: Eastern Europe Market US$ Mn & Units Forecast by Application, 2019 to 2034

Table 21: East Asia Market US$ Mn & Units Forecast by Country, 2019 to 2034

Table 22: East Asia Market US$ Mn & Units Forecast by Form, 2019 to 2034

Table 23: East Asia Market US$ Mn & Units Forecast by Function, 2019 to 2034

Table 24: East Asia Market US$ Mn & Units Forecast by Application, 2019 to 2034

Table 25: South Asia & Pacific Market US$ Mn & Units Forecast by Country, 2019 to 2034

Table 26: South Asia & Pacific Market US$ Mn & Units Forecast by Form, 2019 to 2034

Table 27: South Asia & Pacific Market US$ Mn & Units Forecast by Function, 2019 to 2034

Table 28: South Asia & Pacific Market US$ Mn & Units Forecast by Application, 2019 to 2034

Table 29: MEA Market US$ Mn & Units Forecast by Country, 2019 to 2034

Table 30: MEA Market US$ Mn & Units Forecast by Form, 2019 to 2034

Table 31: MEA Market US$ Mn & Units Forecast by Function, 2019 to 2034

Table 32: MEA Market US$ Mn & Units Forecast by Application, 2019 to 2034

List Of Figures

Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Form, 2019 to 2034

Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Function, 2019 to 2034

Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Application, 2019 to 2034

Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Region, 2019 to 2034

Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Form, 2019 to 2034

Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Function, 2019 to 2034

Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Application, 2019 to 2034

Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Country, 2019 to 2034

Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Form, 2019 to 2034

Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Function, 2019 to 2034

Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Application, 2019 to 2034

Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Country, 2019 to 2034

Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Form, 2019 to 2034

Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Function, 2019 to 2034

Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Application, 2019 to 2034

Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Country, 2019 to 2034

Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Form, 2019 to 2034

Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Function, 2019 to 2034

Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Application, 2019 to 2034

Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Country, 2019 to 2034

Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Form, 2019 to 2034

Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Function, 2019 to 2034

Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Application, 2019 to 2034

Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Country, 2019 to 2034

Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Form, 2019 to 2034

Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Function, 2019 to 2034

Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Application, 2019 to 2034

Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Country, 2019 to 2034

Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Form, 2019 to 2034

Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Function, 2019 to 2034

Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Application, 2019 to 2034

Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Units Projection by Country, 2019 to 2034

Chlorinated Polypropylene (CPP) Market

Free Sample Buy Report Now

Chlorinated Polypropylene (CPP) Market

Chlorinated Polypropylene (CPP) Market Analysis By Form (Liquid, Powder & Solid Chlorinated Polypropylene) By Function (Primers & Adhesives) By Application and By Region - Global Market Insights 2024 to 2034

Chlorinated Polypropylene (CPP) Market Outlook (2024 to 2034)

Sales Analysis of Chlorinated Polypropylene (CPP) (2019 to 2023) vs. Market Forecasts (2024 to 2034)

Market Dynamics

What’s Driving High Demand for Chlorinated Polypropylene?

What Issues Do Chlorinated Polypropylene Producers Face?

Country-wise Insights

How is Growing Infrastructure in the U.S. Driving CPP Usage?

Why is the Chlorinated Polypropylene Market in Germany Expected to Be Highly Lucrative?

Category-wise Insights

How is the Growing Paints & Coatings Industry Driving Demand for CPP?

Why Does Liquid Chlorinated Polypropylene Account for a Greater Market Share?

Competitive Landscape

Segmentation of Chlorinated Polypropylene (CPP) Market

By Form :

By Function :

By Application :

By Region :

- Frequently Asked Questions -

Table of Content

List Of Table

List Of Figures