Polypropylene homopolymer global trade volume increased by 3.7% CAGR from 2016 through 2020 (projected). Propylene copolymers trade grew by 3.6% CAGR. For products that are widely traded, such as these polymers, growth in global trade volume generally reflects growth in global demand.
Polypropylene homopolymer trade volume grew each year, from 18.0 million tons in 2016 to 20.8 million tons in 2020.
Propylene copolymers trade expanded from 9.2 million tons in 2016 to 9.9 million tons in 2020, noting a slight decline that year from 2019.
From International Trader Publications’ Polypropylene World Trade Report and Propylene Copolymers World Trade Report, continuously updated analyses of world trade based on statistics from the 100 countries in ITP’s database.