The Market Reports

Synopsis

The global market for High Melt Strength Polypropylene (HMSPP) was estimated to be worth US$ 854 million in 2024 and is forecast to a readjusted size of US$ 1335 million by 2031 with a CAGR of 6.4% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on High Melt Strength Polypropylene (HMSPP) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

High melt strength polypropylenes offer the same mechanical properties and chemical resistance as standard polypropylenes, but with a broader molecular weight distribution and higher melt strength for use in applications such as blow molding and foaming. The High Melt Strength Polypropylene (HMSPP) market covers Homopolymer HMSPP and Copolymer HMSPP. The typical players include LyondellBasell, Borealis (Borouge), Braskem, ExxonMobil, Hanwha Total, Sinopec Shanghai Petrochemical, Lotte Chemical, JPP (Mitsubishi Chemical), etc.

The global High Melt Strength Polypropylene (HMSPP) market is evolving with various trends influenced by its diverse applications, technological advancements, and shifting market demands.

Automotive Industry: HMSPP is increasingly used in the automotive sector for parts like bumpers, dashboards, and interior trim due to its excellent impact resistance, high thermal stability, and lightweight properties. The automotive industry's push for fuel efficiency and lightweight materials is driving HMSPP demand.

Packaging Industry: In packaging, HMSPP is valued for its durability and resistance to impact, making it suitable for food and beverage packaging, flexible films, and containers. The need for high-performance packaging solutions is boosting HMSPP use.

Global core high melt strength polypropylene (HMSPP) players include LyondellBasell, Borealis and Braskem etc. The top 3 companies hold a share about 45%. Asia Pacific is the largest market, with a share about 45%, followed by Europe and Americas with the share about 35% and 15%. In terms of product, homopolymer is the largest segment, with a share about 70%. And in terms of application, the largest application is foaming material, with a share about 78%.

This report aims to provide a comprehensive presentation of the global market for High Melt Strength Polypropylene (HMSPP), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of High Melt Strength Polypropylene (HMSPP) by region & country, by Type, and by Application.

The High Melt Strength Polypropylene (HMSPP) market size, estimations, and forecasts are provided in terms of sales volume (K Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Melt Strength Polypropylene (HMSPP).

Market Segmentation

By Company

• LyondellBasell
• Borealis (Borouge)
• Braskem
• ExxonMobil
• Hanwha Total
• Sinopec Shanghai Petrochemical
• Lotte Chemical
• JPP (Mitsubishi Chemical)
• Reliance Industries
• Sinopec Zhenhai Refining & Chemical

Segment by Type

• Homopolymer HMSPP
• Copolymer HMSPP

Segment by Application

• Food Packaging
• Automotive
• Construction
• Sports and Leisure
• Industrial
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.