Pricing & Plans

China Flame Retardant Polypropylene Market is Likely to Register a CAGR of 6.84% During the Forecast Period of 2019-2025

  By QY Research          06 Nov 2019   Chemical & Materials        

China Flame Retardant Polypropylene Market is Likely to Register a CAGR of 6.84% During the Forecast Period of 2019-2025

Flame retardant polypropylene is in demand due to its combination of excellent physical, thermal, electrical, and mechanical properties that isn’t found in any other thermoplastic. QY Research has recently added a report titled “2019-2025 China Flame Retardant Polypropylene Market Professional Survey and Development Trend Analysis Report”, predicting the growth of the market in central, northern, southern, and eastern China.

The China flame retardant polypropylene market was worth US$264 mn during 2018 and is expected to reach US$421.31 mn by the end of 2025, registering a CAGR of 6.84% during the forecast period of 2019 to 2025.

Demand in Various Industries Due to Its Properties to Boost the Market

Polypropylene offers an outstanding combination of electrical, thermal, mechanical, and physical properties that none other thermoplastic delivers. It can endure excellent chemical resistance in various corrosive environments. It provides resistance against electrolytic attack, degreasing agents, and organic solvents. Its properties such as low rate of moisture absorption, light weight, and resistance to staining are characteristics that make it more desirable. All of these properties are driving the demand for flame retardant propylene across China.

Flame retardant polypropylene is the fastest-growing commodity because it has replaced traditional materials due to its superior qualities. It is extensively used in a variety of sectors such as paper industry, electrical engineering (electrical or household appliances), transportation (railways, automotive, etc.), waste water pipes in building industry, connectors, lamp sockets, yokes for television sets, and internal parts of electronic appliances. Manufacturers are focusing on building cost-efficient flame retardant systems for various polypropylene appliances.

The flame retardant polypropylene also exhibits characteristics such as thermal stability, high bromine content, and polymeric nature that contribute to chemical resistance, good process ability, high temperature resistance in thermal aging, non-blooming, and effective flame retardancy and it functions excellently between polymer matrix and glass reinforcement as a coupling effect. It also has high melt down properties that aces its performance as an acid scavenger and smoke suppressant. These factors are likely to boost its demand in various industries and markets.

The market can also face certain restraints as certain flame retardant polypropylene cannot be suitable for application if color has to be stabilized under light exposure.

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Halogen Free Type Segment to Augment in Limited Halogenated Products

The market is segmented into type and application. The type segment is further divided into halogen type and halogen free type. The application segment includes automotive, electrical appliances, and others. The halogen free type segment is expected to augment as certain industries doesn’t demand halogenated products as it provides perfect smoke suppressant and acid scavenging.

Key Players

The key players operating in the China polypropylene market are Sunny, Hechang Polymeric, Keyuan, Waylam, Julong, Polyrocks, Siler, Kingfa, Hanwha Total, and RTP.

Competitive Landscape

The key players of the market are focusing on providing the customers with best performance products, innovative products, and solution by aiming for cost reduction targets, improving material performance, and enhancing competitive edge of the market. SINOPEC has recently announced to develop Low VOC-PP and emphasize on its properties. Hechang will be testing the new Low VOC-PP and would further develop the product.

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