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Asia Pacific Recycled Propylene Market
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Asia Pacific Recycled Propylene Market

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Asia-Pacific Recycled Propylene Market - By Process (Mechanical Chemical); By Source (Bottles & Containers, Films, Bags, Foams, Industrial & Agricultural Waste); By Application (Packaging, Automobiles, Building & Construction, Textiles, Pharmaceuticals, Electronics); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: March 2023
  • Report ID: BWC23179
  • Available Format: PDF
  • Page: 240

Report Overview

Increasing demand for packaging sector and growing demand from the construction sector are projected to propel the expansion of Asia-Pacific recycled propylene market during forecast period between 2023 and 2029

Asia-Pacific Recycled Propylene Market - Industry Trends & Forecast Report, 2029

Asia-Pacific recycled propylene market size is expected to grow at a CAGR of 7.22% during the forecast period between 2023 and 2029. Major growth drivers for Asia-Pacific recycled propylene market include increasing environmental concerns and growing usage recycled plastics in numerous applications. The usage of recycled plastics minimizes trash in landfills, aids in the preservation of biodiversity and energy, and prevents pollution. As a result, end-use industries like building and construction, packaging, electrical and electronics, textiles, and automotive are more likely to use recycled plastics. Stringent recycling policies in China, which once had the highest percentage of recovered plastics in the world, are causing manufacturers of recycled plastics to relocate to Indonesia, resulting to increased output and consumption in the country. Because of the capacity of plastic to replace traditional metal and wooden parts in vehicles, the automotive, building & construction, and packaging industries are expected to boost product demand over the projection period, owing to the country's expanding purchasing power and disposable income. The construction of residential, industrial, commercial, and public infrastructure is also assisting the Asia-Pacific recycled propylene market growth during the forecast period.

Asia-Pacific Recycled Propylene Market – Overview

The recycled propylene is also known as a biodegradable thermoplastic polymer. It is a strong substance that is classified as semi-rigid. It has features, such as low density, high strength, and anticorrosion. Packaging, plastic parts, textile, industrial fibers, laboratory equipment, labels, stationery, and so on are examples of applications. PET emits 75% less CO2 throughout the textile garment manufacturing process than virgin polyester, which is further propelling the market. Polypropylene recycling is the process of recovering polypropylene plastic from discarded or waste materials.

Asia-Pacific Recycled Propylene Market

Growth Drivers

Growing Demand for Recycled Propylene from Expanding Packaging Sector

The growing trend of sustainable packaging is a crucial element driving the worldwide PP recycling market's rise. Consumers' growing awareness of the possible environmental threats posed by plastic garbage has pushed governments around the world to enact severe rules to decrease the amount of plastic waste discarded. This has resulted in an increase in the number of PP recycling plants worldwide. Polypropylene (PP) is a thermoplastic polymer that is utilized in a wide range of applications, including automotive components and packaging materials. Due to its light weight, strength, and stability, it is rapidly being employed in the automotive and packaging industries.

Restraints

Concerns Regarding Transportation and Manufacturing

Stringent safety regulations linked with propylene transportation and manufacture were a major limitation on the propylene market. When subjected to high pressures and temperatures, propylene becomes poisonous, highly flammable, and dangerous. Propylene distributors should invest in methods, equipment, and technology to reduce hazardous and chemical levels. These limitations raised manufacturing costs in the propylene industry, limiting the potential for expenditures in product expansion, new product launches, and expansion into new markets, consequently impacting market growth.

Impact of COVID-19 on Asia-Pacific Recycled Propylene Market

COVID-19 adversely affected the recycled propylene market across Asia-Pacific. With the enforcement of stringent travel restrictions and lockdowns by governments across Asia Pacific to combat the spread of virus, the market witnessed difficulties in collecting plastic trash and processing operations such as recycling, as most manufacturing was shut down. Also, supply chain interruption impacted the transfer of raw materials and goods across several nations, resulting in enormous financial losses for the major market participants and decreased demand for plastic across multiple industries. However, when the number of Covid-19 instances decreased, governments in several Asia-Pacific countries relaxed restrictions and permitted the resumption of business activities, allowing the market to recover from losses and resume its normal pace.

Asia-Pacific Recycled Propylene Market

Segmental Coverage

Asia-Pacific Recycled Propylene Market – By Process

By process, Asia-Pacific recycled propylene market is split into Mechanical and Chemical segments. The mechanical segment is expected to hold a higher market share during the period in analysis. Mechanical recycling is more efficient, saves money, and has shorter lead times than chemical recycling. Polypropylene may be recycled because it is a thermoplastic that can be melted and reformatted. This can be accomplished using mechanical means such as grinding, washing, and extruding the material. Mechanical recycling is appropriate for packaging films, fibers, containers, and automobile parts. Furthermore, mechanical recycling of polypropylene yields high-quality recycled material with little deterioration. Furthermore, rising demand for recycled polypropylene in automotive, packaging, and other sectors will fuel the mechanical segment's rise in the polypropylene recycling market during the forecast period.

Asia-Pacific Recycled Propylene Market – By Source

By source, Asia-Pacific recycled propylene market is segmented into Bottles & Containers, Films, Bags, Foams, and Industrial & Agricultural Waste. The bottles & containers segment is expected to hold the highest market share during the forecast period. In the packaging sector, there is a growing awareness of sustainable packaging options, as well as a growing need for recycled materials. Furthermore, the bottles segment is expected to gain from rising demand for green packaging solutions and an increase in the recycling rate of plastic bottles. Moreover, the increased demand for recycled polypropylene in the culinary, automotive, and electrical & electronics industries is likely to drive the segment's growth during the forecast period.

Asia-Pacific Recycled Propylene Market – By Application

Based on application, Asia-Pacific recycled propylene market is divided into Packaging, Automobile, Building & Construction, Textiles, Pharmaceuticals, and Electronics segments. The packaging segment is expected to hold the highest market share due to increased use of polypropylene in the packaging industry because to its low weight and durability. Furthermore, an increasing need for sustainable packaging solutions is propelling this segment forward. Polypropylene recycling reduces the consumption of virgin polypropylene, lowering the environmental effect of packaging. Additionally, the expanding use of polypropylene in the food and beverage industry is fueling this segment's rise. Likewise, the building and construction segment is expected to dominated the market during the period in analysis. Plastic requires less mechanical equipment, machinery, and labor than wood, metal, and concrete, allowing construction to be completed faster. Polymers like polyethylene and PVC are commonly used in production because they are less likely to wear out. Polyurethane spray insulation is commonly used in the construction of green and low-energy structures. Because polyurethane insulation is closed-cell, it acts as an air barrier, resulting in significant energy savings. All of these variables contribute considerably to the segment's market revenue growth.

Asia-Pacific Recycled Propylene Market – By Country

Asia-Pacific recycled propylene market covers China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, and Rest of APAC. China and India are expected to hold the highest market during the forecast period. Among the major markets in the region, India is expected to account for a high share of the overall market due to rising product demand from major application industries, such as packaging, automotive, and construction. For example, the Organization Internationale des Constructeurs d'Automobiles (OICA) reports that automotive production in India increased to 5.1 million units in 2018, up from 4.7 million units in 2017. Hence, the country's increasing vehicle production is expected to produce massive demand for the product during the next seven years.

Competitive Landscape

Major players operating in Asia-Pacific recycled propylene market include LyondellBasell Industries Holdings B.V, Haldia Petrochemicals Limited, Reliance Industries Limited, Westlake Chemical Corporation, Formosa Plastics Corporation, Custom Polymers Inc., and Joe's Plastic Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Million

Market Coverage

China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of APAC

Product/ Service Segmentation

Process, Source, Application, Country

Key Players

LyondellBasell Industries Holdings B.V, Haldia Petrochemicals Limited, Reliance Industries Limited, Westlake Chemical Corporation, Formosa Plastics Corporation, Custom Polymers Inc., Joe's Plastic Inc.

 

By Process

  • Mechanical

  • Chemical

By Source

  • Bottles & Containers

  • Films

  • Bags

  • Foams

  • Industry & Agriculture Waste

By Application

  • Packaging

  • Automobile

  • Building & Construction

  • Textiles

  • Pharmaceuticals

  • Electronics

By Country

  • China

  • India

  • Japan

  • South Korea

  • Australia & New Zealand

  • Indonesia

  • Malaysia

  • Singapore

  • Philippines

  • Vietnam

  • Rest of APAC

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. APAC Recycled Propylene Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing Demand for Packaging Sector
        2. Rising Demand from the Construction Sector
      2. Restraints
        1. Lack of Proper Infrastructure
      3.  Opportunities
        1. Adopting Advancements in Technology
      4. Challenges
        1. Stringent Government Laws
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. APAC Recycled Propylene Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
        1. Mechanical
        2. Chemical
      2. By Source
        1. Bottles & Containers
        2. Films
        3. Bags
        4. Foams
        5. Industrial & Agricultural Waste
        6. Others
      3. By Application
        1. Packaging
        2. Automobile
        3. Building & Construction
        4. Textiles
        5. Pharmaceuticals
        6. Electronics
        7. Others
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia & New Zealand
        6. Indonesia
        7. Malaysia
        8. Singapore
        9. Philippines
        10. Vietnam
        11. Rest of APAC
  5. China Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  6. India Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  7. Japan Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  8. South Korea Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  9. Australia & New Zealand Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  10. Indonesia Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  11. Malaysia Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  12. Singapore Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  13. Philippines Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  14. Vietnam Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  15. Rest of APAC Recycled Propylene Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Process
      2. By Source
      3. By Application
  16. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Asia-Pacific Recycled Propylene Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  17. Impact of Covid-19 on Asia-Pacific Recycled Propylene Market
  18. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. LyondellBasell Industries Holdings B.V
    2. Haldia Petrochemicals Limited
    3. Reliance Industries Limited
    4. Westlake Chemical Corporation
    5. Formosa Plastics Corporation
    6. Custom Polymers Inc.
    7. Joe's Plastic Inc.
    8. Other Prominent Players
  19. Key Strategic Recommendations
  20. Research Methodology
    1.  Qualitative Research
      1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

List of Figures

 

Figure 1       Asia-Pacific Recycled Propylene Segmentation

Figure 2       Asia-Pacific Recycled Propylene Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Asia-Pacific Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 5       Asia-Pacific Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 6       Asia-Pacific Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 7       Asia-Pacific Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 8       Asia-Pacific Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 9       Asia-Pacific Recycled Propylene Market Share, By Country, By Value, 2019–2029

Figure 10     China Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 11     China Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 12     China Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 13     China Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 14     China Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 15     India Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 16     India Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 17     India Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 18     India Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 19     India Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 20     Japan Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 21     Japan Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 22     Japan Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 23     Japan Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 24     Japan Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 25     South Korea Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 26     South Korea Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 27     South Korea Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 28     South Korea Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 29     South Korea Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 30     Australia & New Zealand Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 31     Australia & New Zealand Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 32     Australia & New Zealand Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 33     Australia & New Zealand Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 34     Australia & New Zealand Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 35     Indonesia Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 36     Indonesia Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 37     Indonesia Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 38     Indonesia Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 39     Indonesia Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 40     Malaysia Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 41     Malaysia Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 42     Malaysia Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 43     Malaysia Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 44     Malaysia Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 45     Singapore Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 46     Singapore Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 47     Singapore Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 48     Singapore Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 49     Singapore Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 50     Philippines Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 51     Philippines Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 52     Philippines Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 53     Philippines Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 54     Philippines Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 55     Vietnam Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 56     Vietnam Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 57     Vietnam Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 58     Vietnam Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 59     Vietnam Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029

Figure 60     Rest of APAC Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Figure 61     Rest of APAC Recycled Propylene Market Share, By Process, By Value, 2019–2029

Figure 62     Rest of APAC Recycled Propylene Market Share, By Source, By Value, 2019–2029

Figure 63     Rest of APAC Recycled Propylene Market Share, By Application, By Value, 2019–2029

Figure 64     Rest of APAC Recycled Propylene Market Share, By Sales Channel, By Value, 2019–2029 

 

List of Tables

 

Table 1        Asia-Pacific Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 2        Asia-Pacific Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 3        Asia-Pacific Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 4        Asia-Pacific Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 5        Asia-Pacific Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 6        Asia-Pacific Recycled Propylene Market Size, By Country, By Value, 2019–2029

Table 7        China Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 8        China Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 9        China Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 10      China Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 11      China Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 12      India Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 13      India Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 14      India Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 15      India Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 16      India Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 17      Japan Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 18      Japan Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 19      Japan Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 20      Japan Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 21      Japan Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 22      South Korea Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 23      South Korea Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 24      South Korea Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 25      South Korea Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 26      South Korea Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 27      Australia & New Zealand Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 28      Australia & New Zealand Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 29      Australia & New Zealand Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 30      Australia & New Zealand Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 31      Australia & New Zealand Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 32      Indonesia Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 33      Indonesia Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 34      Indonesia Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 35      Indonesia Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 36      Indonesia Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 37      Malaysia Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 38      Malaysia Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 39      Malaysia Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 40      Malaysia Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 41      Malaysia Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 42      Singapore Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 43      Singapore Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 44      Singapore Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 45      Singapore Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 46      Singapore Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 47      Philippines Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 48      Philippines Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 49      Philippines Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 50      Philippines Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 51      Philippines Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 52      Vietnam Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 53      Vietnam Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 54      Vietnam Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 55      Vietnam Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 56      Vietnam Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 57      Rest of APAC Recycled Propylene Market Size, By Value (USD Million), 2019–2029

Table 58      Rest of APAC Recycled Propylene Market Size, By Process, By Value, 2019–2029

Table 59      Rest of APAC Recycled Propylene Market Size, By Source, By Value, 2019–2029

Table 60      Rest of APAC Recycled Propylene Market Size, By Application, By Value, 2019–2029

Table 61      Rest of APAC Recycled Propylene Market Size, By Sales Channel, By Value, 2019–2029

Table 62      LyondellBasell Industries Holdings B.V Company Overview

Table 63      LyondellBasell Industries Holdings B.V Financial Overview

Table 64      Haldia Petrochemicals Limited Company Overview

Table 65      Haldia Petrochemicals Limited Financial Overview

Table 66      Reliance Industries Limited Company Overview

Table 67      Reliance Industries Limited Financial Overview

Table 68      Westlake Chemical Corporation Company Overview

Table 69      Westlake Chemical Corporation Financial Overview

Table 70      Formosa Plastics Corporation Company Overview

Table 71      Formosa Plastics Corporation Financial Overview

Table 72      Custom Polymers Inc. Company Overview

Table 73      Custom Polymers Inc. Financial Overview

Table 74      Joe's Plastic Inc. Company Overview

Table 75      Joe's Plastic Inc. Financial Overview

Market Segmentation

By Process

  • Mechanical

  • Chemical

By Source

  • Bottles & Containers

  • Films

  • Bags

  • Foams

  • Industry & Agriculture Waste

By Application

  • Packaging

  • Automobile

  • Building & Construction

  • Textiles

  • Pharmaceuticals

  • Electronics

By Country

  • China

  • India

  • Japan

  • South Korea

  • Australia & New Zealand

  • Indonesia

  • Malaysia

  • Singapore

  • Philippines

  • Vietnam

  • Rest of APAC

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Frequently Asked Questions (FAQs):

Ans: Major factors driving the growth of Asia-Pacific Recycled Propylene Market include an increasing demand from packaging sector and growing demand from the construction sector.
Ans: Asia-Pacific Recycled Propylene Market size is expected to grow at a CAGR of 7.22% during the forecast between 2023 and 2029.
Ans: The mechanical segment is expected to hold the highest market share in the Asia-Pacific Recycled Propylene Market by process.
Ans: The packaging segment is expected to hold the highest market share in the Asia-Pacific Recycled Propylene Market by application.
Ans: Key players in Asia-Pacific Recycled Propylene Market include LyondellBasell Industries Holdings B.V, Haldia Petrochemicals Limited, Reliance Industries Limited, Westlake Chemical Corporation, Formosa Plastics Corporation, Custom Polymers Inc., and Joe's Plastic Inc.