Lucintel’s latest market report analyzed that polypropylene random copolymer provides attractive opportunities in the packaging, building & construction, and healthcare sectors. The polypropylene random copolymer market is expected to reach $11.7 billion by 2028 with a CAGR of 5%. In this market, homopolymer is the largest segment by product type, whereas packaging is largest by end use industry.
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Based on product type, the polypropylene random copolymer market is segmented into homopolymer, copolymer, and others. The homopolymer segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as it ensures better clarity, greater flexibility, minimized smoke, improved impact resistance, and lesser melting point.
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The Polypropylene Random Copolymer Market is marked by the presence of several big and small players. Some of the prominent players offering polypropylene random copolymer include Entec Polymers, ExxonMobil, Sasol, Chevron, and Royal Dutch Shell.
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