The global High Melt Strength (HMS) Polypropylene Market is forecast to reach USD 14.26 Billion by 2026, according to a new report by Reports and Data. Polypropylene is a versatile thermoplastic material, which is compatible with several processing techniques and is used in various applications. The high melt strength (HMS) polypropylene is fabricated by the process of direct polymerization.

High melt strength (HMS) polypropylene has the property of wide molecular weight distribution and high melting strength as compared to polypropylene. The high melt strength provides greatly improved elasticity to the product, which results in better processability in stretching flows, such as in extrusion, blow molding, foaming, and thermoforming. It also produces very low densities and good mechanical properties.

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Market Scenario:

The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.

Major Companies:

• Borealis AG
• Borouge
• Braskem
• Lotte Chemical
• Exxon Mobil
• Dow Chemical
• LyondellBasell
• Total Petrochemicals & Refining
• Cray Valley
• Omnexus

Competitive Landscape:

The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.

Key questions addressed in the report:

• What is the expected market size of the global High Melt Strength (HMS) Polypropylene market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global High Melt Strength (HMS) Polypropylene market?

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High Melt Strength (HMS) Polypropylene Market Segmentation:

Technique Outlook :

• Injection Molding
• Blow Molding
• Extrusion
• Others

Application Outlook:

• Molding and Injection
• Film & Sheet
• Blow Molding
• Medical Devices
• Fiber and Raffia
• Headliners

Regional Outlook:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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