The Global Polypropylene (PP) Market was valued at USD 75.69 Billion in 2023 and is projected to reach USD 88.27 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.2% during the forecast period. This growth is primarily driven by surging demand from the packaging, automotive, and consumer goods sectors, alongside accelerating adoption of advanced high-performance copolymer and recycled PP solutions across diverse industries.

As the global economy increasingly relies on versatile and cost-effective polymers, the strategic role of major polypropylene producers becomes paramount. These companies are not only scaling production capacity but are also pioneering innovations in sustainability and material science. In this comprehensive analysis, we profile the Top 10 Companies in the Polypropylene Industry—a blend of petrochemical giants, specialized compounders, and sustainability leaders shaping the future of this essential polymer.

Download FREE Sample Report:
Polypropylene (PP) Market – View in Detailed Research Report

---

🔟 1. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: Homopolymer PP, Copolymer PP (Impact, Random), Polypropylene Compounds

LyondellBasell is one of the world’s largest plastics, chemicals, and refining companies, and a dominant leader in the global polypropylene market. Its extensive portfolio includes a wide range of PP grades under brands like Hostacom and Adstif, catering to automotive, packaging, and consumer products. The company operates a vast global production network with significant capacity in North America, Europe, and Asia.

Sustainability Initiatives:

• Circulen portfolio of circular and renewable-based polymers

• Goal to produce and market 2 million metric tons of recycled and renewable-based polymers annually by 2030

• Advanced recycling technology investments to transform plastic waste into feedstock

---

9️⃣ 2. SABIC (Saudi Basic Industries Corporation)

Headquarters: Riyadh, Saudi Arabia
Key Offering: SABIC® PP Homopolymer, Copolymer, Random Copolymer, High Impact Copolymer

SABIC is a global petrochemicals leader with a massive integrated production footprint. Its polypropylene business leverages feedstock advantage from the Middle East to supply global markets. SABIC offers innovative PP solutions for applications ranging from flexible and rigid packaging to automotive interior and exterior components, supported by strong R&D capabilities.

Sustainability Initiatives:

• TRUCIRCLE™ portfolio including certified renewable and circular PP grades

• Commitment to carbon neutrality by 2050

• Strategic partnerships for chemical recycling of mixed plastic waste

---

8️⃣ 3. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Achieve™ Advanced PP, ExxonMobil™ Polypropylene (various grades)

ExxonMobil’s chemical division is a major force in the polypropylene market, producing a broad slate of high-performance polymers. The company’s PP products are used in numerous applications, including food packaging, healthcare, and industrial uses. Its global scale and integrated operations from refinery to polymer provide a strong competitive position.

Sustainability Initiatives:

• Development of advanced recycling solutions to process plastic waste

• Investment in circular economy projects and partnerships

• Commitment to responsible operational footprint reduction

Download FREE Sample Report:
Polypropylene (PP) Market – View in Detailed Research Report

---

7️⃣ 4. INEOS Olefins & Polymers

Headquarters: London, United Kingdom
Key Offering: INEOS Polypropylene Homopolymers, Copolymers, Specialty Compounds

INEOS is a leading manufacturer of petrochemicals, specialty chemicals, and oil products. Its polypropylene business has a significant presence in Europe and is expanding globally. The company produces a comprehensive range of PP grades for technical applications in the automotive, appliance, and packaging industries, emphasizing product quality and consistency.

Sustainability Initiatives:

• Launch of INEOS Recycled PP containing post-consumer recycled content

• Investment in advanced recycling technology to create circular polypropylene

• Focus on reducing greenhouse gas emissions across operations

---

6️⃣ 5. TotalEnergies

Headquarters: Paris, France
Key Offering: Total Polypropylene, Lumicene (Metallocene-based PP)

TotalEnergies is a major energy company with a strong downstream petrochemicals segment. Its polypropylene production is strategically located in Europe, the Middle East, and the United States. The company is known for its innovation, particularly in metallocene-catalyzed PP (Lumicene), which offers enhanced properties for demanding film and molding applications.

Sustainability Initiatives:

• Production of circular polymers derived from advanced plastic waste recycling

• Ambition to produce 30% recycled and renewable polymers by 2030

• Development of bio-based polypropylene routes

---

5️⃣ 6. Formosa Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: Formolene® Polypropylene (Homopolymer, Copolymer)

Formosa Plastics Corporation is a key Asian producer with a large and integrated petrochemical complex. Its Formolene® brand of polypropylene serves a wide array of markets across Asia and globally. The company has substantial production capacity and a strong focus on the fast-growing Asian polymer demand, particularly in China and Southeast Asia.

Sustainability Initiatives:

• Investment in efficiency improvements to reduce environmental impact

• Development of grades suitable for recycling streams

• Compliance with evolving regional environmental regulations

---

4️⃣ 7. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Lucel® Polypropylene, High-Transparency PP, High-Impact PP

LG Chem is a leading chemical company in Asia, with a diversified product portfolio that includes a strong polypropylene business. The company is renowned for its technological prowess, producing high-value specialty PP grades for automotive, electronics, and high-clarity packaging applications. Its R&D focus drives innovation in material performance.

Sustainability Initiatives:

• Ambitious goal to achieve KRW 30 trillion in eco-friendly sales by 2030

• Development of post-consumer recycled (PCR) polypropylene compounds

• Commitment to carbon neutrality and a circular economy

---

3️⃣ 8. Braskem

Headquarters: São Paulo, Brazil
Key Offering: Braskem PP Homopolymer, Copolymer, Green PP (Bio-based)

Braskem is the largest polypropylene producer in the Americas and a global leader in biopolymers. The company operates production assets in Brazil, the United States, and Germany. Braskem is particularly notable for its landmark innovation: I’m green™ bio-based polyethylene, and it applies similar sustainable thinking to its PP portfolio, focusing on circular economy principles.

Sustainability Initiatives:

• Pioneer in large-scale production of green polymers from sugarcane

• Commitment to carbon neutrality by 2050

• Development of chemical recycling platforms for polyolefins

Download FREE Sample Report:
Polypropylene (PP) Market – View in Detailed Research Report

---

2️⃣ 9. Reliance Industries Limited

Headquarters: Mumbai, India
Key Offering: Relene™ Polypropylene (Homopolymer, Copolymer, Random Copolymer)

Reliance Industries is India’s largest private sector company and a major global player in petrochemicals. Its polypropylene production is integrated with its world-scale refining and petrochemical complex in Jamnagar. Reliance dominates the fast-growing Indian PP market and is a significant exporter, leveraging cost-efficient operations and a strong domestic distribution network.

Sustainability Initiatives:

• Commitment to achieving Net Carbon Zero by 2035

• Investment in new energy and material circularity businesses

• Development of recycled-content products for sustainable packaging

---

1️⃣ 10. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ultramid® (PA), but with growing involvement in PP compounds and additives; a key supplier of PP catalysts.

While BASF is not a merchant producer of polypropylene homopolymer on the same scale as others on this list, its influence on the PP industry is immense. BASF is a leading global supplier of catalysts used in PP production and a major producer of high-performance polypropylene compounds and additives. Its expertise in material science drives innovation across the entire PP value chain.

Sustainability Initiatives:

• ChemCycling™ project for chemical recycling of plastic waste

• Ambitious CO2 emission reduction targets for 2030 and 2050

• Development of biomass-balanced certified PP compounds

Get Full Report Here:
Polypropylene (PP) Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Polypropylene is Circular and High-Performance

The polypropylene market is undergoing a significant transformation. While traditional applications continue to drive volume growth, the industry is intensively investing in circular economy models, advanced recycling technologies, and specialized high-value grades to meet evolving consumer and regulatory demands.

📈 Key Trends Shaping the Market:

• Rapid expansion of mechanical and advanced chemical recycling capacities globally

• Increasing regulatory pressure and brand owner commitments for recycled content in packaging

• Development of lightweight and high-performance PP grades for electric vehicles (EVs)

• Growing demand for transparent and high-barrier PP in flexible packaging replacing other materials

Get Full Report Here:
Polypropylene (PP) Market – View in Detailed Research Report

The companies profiled above are not only supplying a foundational material for modern life—they are actively engineering the sustainable and innovative future of the plastics industry.