Top 10 Companies in the Heat-Stabilized Polypropylene Industry (2025): Market Leaders Powering High-Temperature Applications

In Business Insights
June 01, 2025

The Global Heat-Stabilized Polypropylene Market was valued at USD 453 million in 2023 and is projected to reach USD 758.86 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.90% during the forecast period (2025-2032). This growth is driven by escalating demand across medical, aerospace, and electronics sectors for materials that maintain integrity under extreme thermal conditions.

As industries increasingly prioritize heat-resistant solutions, heat-stabilized polypropylene (HS-PP) has emerged as a critical material, maintaining structural stability at temperatures up to 150°C. In this analysis, we examine the Top 10 Companies in the Heat-Stabilized Polypropylene Industry – leaders advancing material science and sustainable polymer solutions.


🔟 1. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Product: Novatec PP, Wondermer PP

Mitsubishi Chemical leads the market with its high-performance polypropylene compounds, offering superior heat resistance and mechanical properties.

Material Innovations:

  • Healthcare-grade formulations meeting FDA standards
  • Patented stabilization technology extending product lifespan
  • Custom compounding services for specialized applications

Download FREE Sample Report: Heat-Stabilized Polypropylene Market – View in Detailed Research Report


9️⃣ 2. ExxonMobil Chemical

Headquarters: Irving, Texas, USA
Key Product: ExxonMobil PP polymer series

ExxonMobil delivers advanced HS-PP solutions with exceptional thermal stability for automotive and industrial applications.

Innovation Highlights:

  • Patent-pending antioxidant systems
  • Electronics-grade low-outgassing formulations
  • Closed-loop recycling initiatives

8️⃣ 3. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Product: Hostacom, Hifax

LyondellBasell specializes in customized PP compounds with thermal stabilizers for extreme environments.

Key Advantages:

  • Automotive-grade materials with 160°C continuous use rating
  • Medical sterilization-compatible formulations
  • Global production capacity exceeding 2 million tons annually

7️⃣ 4. Asahi Kasei Chemicals

Headquarters: Tokyo, Japan
Key Product: Thermotuf PP compounds

Asahi Kasei develops cutting-edge HS-PP solutions for electronics and aerospace applications.

Technical Specs:

  • UL94 V-0 flame retardant grades
  • Low warpage formulations for precision parts
  • Research focus on sustainable stabilizers

Download FREE Sample Report: Heat-Stabilized Polypropylene Market – View in Detailed Research Report


6️⃣ 5. Toray Industries

Headquarters: Tokyo, Japan
Key Product: Torayfan PP films

Toray leads in high-temperature PP films for capacitors and specialty packaging.

Material Properties:

  • Withstands 150°C continuous operation
  • High dielectric strength formulations
  • Thin gauge capabilities down to 2μm

5️⃣ 6. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Product: SABIC PP compounds

SABIC offers thermally stabilized PP solutions for automotive underhood applications.

Application Focus:

  • Engine compartment components
  • Battery housing materials
  • Lightweighting initiatives

4️⃣ 7. Borealis AG

Headquarters: Vienna, Austria
Key Product: Borflow HS-PP

Borealis delivers high-flow HS-PP grades for medical device manufacturing.

Specialized Solutions:

  • Autoclave-resistant formulations
  • Gamma radiation stable compounds
  • ISO 10993 certified medical grades

3️⃣ 8. Braskem

Headquarters: São Paulo, Brazil
Key Product: Innova HS-PP

Braskem provides bio-based PP solutions with heat stabilization additives.

Sustainability Features:

  • Sugar-cane derived polypropylene
  • Reduced carbon footprint materials
  • Circular economy initiatives

2️⃣ 9. Formosa Plastics

Headquarters: Taiwan
Key Product: Formolene PP

Formosa offers cost-effective HS-PP solutions for high-volume applications.

Production Capabilities:

  • Vertical integration from monomer to compound
  • Specialty additive masterbatches
  • Global distribution network

1️⃣ 10. Sumitomo Chemical

Headquarters: Tokyo, Japan
Key Product: Sumitomo PP

Sumitomo provides advanced HS-PP for electrical component applications.

Technical Advantages:

  • High CTI (Comparative Tracking Index) grades
  • Anti-arc tracking formulations
  • Halogen-free flame retardant solutions

Get Full Report Here: Heat-Stabilized Polypropylene Market – View in Detailed Research Report


🌍 Market Outlook: Thermal Management Drives Innovation

The heat-stabilized PP market is undergoing significant advancement as manufacturers develop enhanced formulations to meet evolving industry requirements.

📈 Key Market Trends:

  • Increasing adoption in electric vehicle battery systems
  • Medical industry demand for sterilization-compatible materials
  • Development of non-halogen flame retardant systems
  • Integration of recycled content in heat-stabilized grades

Get Full Report Here: Heat-Stabilized Polypropylene Market – View in Detailed Research Report

These industry leaders are not just supplying materials – they’re enabling thermal management solutions for next-generation applications across major industries.