The global demand for Polypropylene Carbonate Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Polypropylene Carbonate (PPC) is a biodegradable and environment-friendly thermoplastic material made from the catalyzed copolymerization of carbon dioxide (CO2) and propylene oxide. PPC is used as a binder and increases the toughness of a few epoxy resins. And also as sacrificial binders in the ceramics industry. It can be used to produce polymer scaffolds, plastics, elastomers, nanofibers, foams, adhesives and coatings. Polypropylene Carbonate has low sodium content, which is appropriate for preparing electroceramics such as dielectric materials and piezoelectric ceramics.
Market Dynamics
Growth in industrialization and rigid government regulations related to air emissions from various industries have encouraged biodegradable products; this, in turn, is anticipated to boost the market demand for polypropylene carbonate. Growth in the building and construction industry and the increasing application of polypropylene carbonate as a binder in the ceramic segment is the key driver fuelling the market growth for polypropylene carbonate. A rise in demand for pressing, sintering, and injection moulding operations to fabricate tapes, electronic paste and parts in the electronic sector are expected to benefit polypropylene carbonate's market growth. Key players are adopting strategies like mergers and acquisitions for value addition to products; this will likely propel the market growth. However, high cost, low mechanical property, flammable characteristics, and poor thermal and dimensional stability may cause hindrance in the growth of the polypropylene carbonate market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of polypropylene carbonate. The growth and trends of polypropylene carbonate industry provide a holistic approach to this study.
Market Segmentation
This section of the polypropylene carbonate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Injection Molding Grade
- Food Contact Grade
By Application
- Electronics
- Biodegradable Plastics
- Ceramics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Polypropylene Carbonate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Polypropylene Carbonate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the polypropylene carbonate market include BASF SE, SK Energy, Empower Materials, Novomer, Cardia Bioplastics, Bangfeng, Jiangsu Zhongke Jinlong-CAS Chemical, Caffaro, Tianguan, Inner Mongolia Mengxi High-Tech, Perstop. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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