Highlights
The global economy shows signs of improvement in 2023, but the growth momentum is still weak. Therefore, the global demand rebound encounters resistance, and the overall performance of bulk commodity markets is softer than expected. In this context, the polypropylene (PP) industry, which is experiencing capacity expansion, is facing fiercer competition in multiple facts such as product innovation, market share and technological level. In 2023, crude oil, propane and steam coal prices all stay relatively high, placing strong cost pressure on the PP market. PP producers are confronted with profit losses accordingly, so they are willing to keep firm offers. Nevertheless, the PP market is still under high downside pressure because of sparse exports, soft domestic demand in China and unrealized strong expectations. Global and China’s PP supply circulation has changed notably with fresh capacity release, and the change in supply and demand among regions arouses the attention of market participants. Besides, the capacity expansion not only propels the rapid development of PP products but also brings new technologies, units and grades. Meanwhile, cost reduction and efficiency advancement are realized through the upgrading of technologies. With diversified development trends, PP specific-purpose materials are more applicable in construction, automobile, furniture, home appliance and retail fields, suggesting a constantly wider application of PP. PP can also substitute related products in some fields. There is no doubt that players will focus more on the supply glut with China’s PP capacity expanding continuously. However, the entire PP industry development will be fostered by mature production technology, brightened market demand and higher competitiveness of specific-purpose PP materials, ensuring the vitality of PP industry.
Based on this situation and relying on 19 years of industry analysis experience, the SCI PP research team will study the evolution of global and China’s PP supply and demand in 2023, as well as the change in cost and gross profit, resource circulation and product structure. Meanwhile, SCI will also conduct a comprehensive and in-depth study of the PP market combining macroeconomic operation and introduction of national policies. Based on massive data and scientific analysis models, SCI will constantly refine the data granularity and deeply interpret the PP market drivers, to present a comprehensive, fresh and deep viewing perspective and bring forward-looking and comprehensive value experience to customers.
Report value
1. To give you access to global PP trade pattern, by analyzing global and China’s PP supply-demand patterns.
2. To present the recent 5-year China’s PP capacity, output, operating rate, import data, export data and supply-demand pattern change trend in various dimensions, as well as to make a comprehensive analysis of PP regional supply flow.
3. To clearly show the PP demand details and layout for industry players through demand structure, regional distribution and consumption structure of various categories.
4. To find demand growth points after analyzing key downstream industries of PP; to help you grasp the key to downstream purchase with analysis of demand peak and dull seasons and buying factors of end users.
5. To clarify the PP price driver via tracking the inventory data at upstream participants, traders and downstream users.
6. To update you on the economic advantages and disadvantages of PP units from different feedstock sources, by comparing and analyzing the production cost and profit.
Contents
Part 1 PP Market Overview
Part 2 2019-2023 PP Supply and Demand Balance Analysis
2.1 2019-2023 PP Supply and Demand Balance Trend Analysis
2.2 2023 Supply and Demand Balance Characteristics and Balance-Price Relation Analysis
Part 3 PP Supply Pattern and Variation Trend Analysis
3.1 Global PP Capacity, Output and Operating Rate Analysis
3.1.1 2023 Global PP Capacity Layout
3.1.2 2023 Global PP Output and Operating Rate Analysis
3.1.3 2023 International PP Unit Maintenance Status
3.1.4 2023 Global PP Resource Flow Analysis
3.1.5 2024-2028 International Newly Constructed PP Capacity
3.2 2019-2023 China PP Capacity Analysis
3.2.1 2019-2023 China PP Capacity Analysis
3.2.1.1 PP Capacity Development Trend Analysis
3.2.1.2 PP Capacity Concentration Ratio Analysis
3.2.2 China PP Capacity Distribution Analysis
3.2.2.1 2023 China PP Capacity Analysis by Region
3.2.2.2 2023 China PP Capacity Distribution by Production Process
3.2.2.3 2023 China PP Capacity Distribution by Feedstock Source
3.2.2.4 2023 China PP Capacity Distribution by Company Nature
3.2.3 2023 China PP Resource Flow Analysis
3.2.3.1 China Major PP Consumption Regions and Consumption Volume
3.2.3.2 China Major PP Production Regions and Output
3.2.3.3 China Major PP Resource Flow Characteristics and Influence
3.2.4 2024-2028 China Newly Constructed PP Capacity
3.2.4.1 2024-2028 China PP Capacity Forecast
3.2.4.2 2024 Newly Added Capacity Research
3.3 2019-2023 China PP Output Change Analysis
3.3.1 2019-2023 China PP Output
3.3.1.1 China PP Annual Output Change and Utilization Rate
3.3.1.2 China PP Annual Output Change by Region
3.3.1.3 2023 China PP Monthly Output and Operating Rate Analysis
3.3.1.4 China PP Unit Maintenance Status
3.4 2019-2023 China PP Import Market Analysis
3.4.1 2019-2023 China PP Import Data Analysis
3.4.1.1 China PP Import Volume Trend
3.4.1.2 China PP Import Structure Analysis by Origin
3.4.1.3 China PP Import Structure Analysis by Receipt Place and Trade Mode
3.4.2 2023 China PP Import Data Analysis
3.4.2.1 China PP Monthly Import Volume and Characteristics Analysis
3.4.2.2 2023 Influence of Import on China PP Total Supply
3.5 2023 China PP Inventory Data Analysis
3.5.1 Overall PP Inventory Change and Trend Analysis
3.5.1.1 PP Producer Inventory Data Analysis
3.5.1.2 PP Trader Inventory Data Analysis
3.5.1.3 PP Port Inventory Data Analysis
3.5.1.4 PP Inventory and Price Relation Analysis
3.6 China PP Warehouse Logistics Status Analysis
3.7 2024 China PP Supply Forecast
3.7.1 2024-2028 China PP Supply Volume Forecast
3.7.2 2024 China PP Monthly Supply Forecast and Expected Effect on Price
Part 4 PP Demand Pattern and Variation Trend Analysis
4.1 2019-2023 Global PP Consumption Volume Analysis
4.2 2019-2023 China PP Consumption Volume Analysis
4.2.1 2019-2023 China PP Consumption Structure Analysis by Region
4.2.2 2019-2023 China PP Consumption Structure Analysis by Industry
4.3 PP Downstream Industry Development Status
4.3.1 2023 China Plastic Product Industry Development Status
4.3.2 PP Major Downstream Industries Current Status and Development Analysis
4.3.2.1 2023 Plastic Woven Industry Development and PP Application Analysis
4.3.2.2 2023 BOPP Film Industry Operation Data Analysis
4.3.2.3 2023 PP Injection Product Industry Operation Data Analysis
4.3.2.4 2023 Home Appliance Industry Operation Data Analysis
4.3.2.5 2023 Automobile Industry Operation Data Analysis
4.4 2019-2023 China PP Export Market Analysis
4.4.1 2019-2023 China PP Export Data Analysis
4.4.1.1 China PP Export Volume Trend Analysis
4.4.1.2 China PP Export Structure Analysis by Destination
4.4.1.3 China PP Export Structure Analysis by Delivery Place and Trade Mode
4.4.2 2023 China PP Export Volume Analysis
4.4.2.1 China PP Monthly Export Volume and Characteristics Analysis
4.4.2.2 2023 Influence of Export on China PP Total Demand
4.5 2024-2028 PP Demand Growth Forecast in Major Downstream Industry
4.6 2024-2028 PP Consumption Volume Forecast
4.6.1 China PP Consumption Volume Trend Forecast
4.6.2 China PP Export Volume Forecast
4.7 PP Downstream Demand Peak and Dull Seasons Analysis
4.7.1 China PP Demand Peak and Dull Seasons Characteristics Analysis
4.7.2 China PP Price Performance in Demand Peak and Dull Seasons
4.8 PP Downstream Clients Procurement Key Factors Analysis
4.9 PP Operator Business Risks and Barriers Analysis
Part 5 PP Product Price Trend Analysis
5.1 2023 Asian PP Market Price Trend Analysis
5.2 2023 China PP Market Price Analysis
5.2.1 China PP Price Change Characteristics Analysis
5.2.1.1 China PP Overall Price Trend Characteristics Analysis
5.2.1.2 China PP Price Characteristics Analysis in Major Regions
5.2.1.3 China PP Price Seasonal Change Characteristics
5.3 Influence of PP Futures Price on Spot Price
5.3.1 PP Futures Price and Spot Price Comparison
5.3.2 PP Dominant Contract Futures Price and Spot Price Comparison
5.4 PP and Related Products Price Co-Movement and Substitutability Analysis
5.4.1 PP and Major Feedstock Price Co-Movement Analysis
5.4.1.1 Crude Oil and PP Spot Price Co-Movement Analysis
5.4.1.2 China Propylene and PP Spot Price Co-Movement Analysis
5.4.2 PP Granule and Related Products Substitutability Analysis
5.4.2.1 PP Granule and PP Powder Substitutability Analysis
5.4.2.2 PP Granule and Recycled PP Substitutability Analysis
5.4.2.3 PP Granule and HDPE Substitutability Analysis in Injection Field
5.5 PP Industry Cost and Profit Analysis
5.5.1 PP Industry Costs Comparison by Different Production Processes
5.5.2 PP Industry Gross Profits and Related Influences Analysis
5.5.2.1 PP Industry Gross Profit Trend and Characteristics Analysis
5.5.2.2 Influence of Gross Profit Change on PP Production
Part 6 2023 PP Industry Development Forecast
6.1 2024-2026 PP Price Forecast
6.2 PP Price Drivers Forecast
6.2.1 Macro Environment Interpretation and Its Influence on PP Market
6.2.2 2024-2028 China PP Supply and Demand Balance Pattern Forecast
6.2.2.1 2024-2028 China PP Supply and Demand Balance Forecast
6.2.2.2 2024 China PP Supply and Demand Balance Forecast
6.2.3 PP Market Competition Pattern Analysis
6.2.3.1 2024-2028 Global PP Trade Flow Forecast
6.2.3.2 2024-2028 China PP Trade Flow Forecast
6.2.3.3 SCI Monitoring Enterprise Business Trend Analysis
6.2.4 PP Industrial Chain Analysis and Forecast
6.2.5 PP and Major Feedstock Price Co-Movement Forecast
6.2.5.1 Crude Oil and China PP Price Co-Movement Forecast
6.2.5.2 China Propylene and PP Price Co-Movement Forecast
6.2.5.3 Coal and China PP Price Co-Movement Forecast
6.2.6 PP and Substitute Analysis and Forecast
6.3 Influence of Major Price Drivers on 2024 China PP Market
Appendix 1 PP Industry Hotspots
Appendix 2 Methodology and Related Definition
Appendix 3 Tables, Charts and Companies
Legal Statement