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 steady growth is underpinned by robust demand from key end-use industries such as packaging, automotive, consumer goods, and construction, alongside increasing investments in advanced production technologies and sustainable polymer solutions.

As industries worldwide pivot towards lightweight, durable, and recyclable materials, polypropylene stands out for its versatility and cost-effectiveness. The market’s trajectory is being shaped by the strategic moves of leading chemical producers who are expanding capacities, innovating in circular economy models, and developing high-performance grades. In this analysis, we profile the Top 10 Companies in the Polypropylene Industry—global giants and regional leaders driving innovation and supply across this essential polymer market.

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🔟 1. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: Homo-polymer PP, Co-polymer PP, Advanced Polyolefins

LyondellBasell is one of the world’s largest plastics, chemicals, and refining companies and a top producer of polypropylene. The company operates a vast global production network and is a leader in polyolefin technology licensing through its Spheripol and Spherizone processes.

Innovation & Sustainability Initiatives:

• CirculenRecircle portfolio for recycled and renewable-based polymers

• Major investments in advanced recycling technologies

• Commitment to producing and marketing 2 million metric tons of recycled and renewable-based polymers annually by 2030

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

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9️⃣ 2. SABIC (Saudi Basic Industries Corporation)

Headquarters: Riyadh, Saudi Arabia
Key Offering: PP Homo-polymer, Random Co-polymer, Impact Co-polymer

SABIC is a global leader in diversified chemicals and a major force in the polypropylene market. With significant production assets in the Middle East, Asia, and Europe, SABIC supplies a wide range of PP grades tailored for automotive, packaging, and infrastructure applications.

Innovation & Sustainability Initiatives:

• TRUCIRCLE™ portfolio for circular solutions

• Focus on bio-based and certified renewable PP

• Strategic partnerships to close the loop on plastic waste

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8️⃣ 3. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Achieve Advanced PP, ExxonMobil PP

ExxonMobil’s chemical division is a leading global producer of polypropylene, offering a broad portfolio of products known for their consistency and performance. The company leverages integrated operations from upstream feedstock to downstream polymer production.

Innovation & Sustainability Initiatives:

• Development of advanced Exxtend™ technology for chemical recycling

• Investment in large-scale advanced recycling facilities

• Commitment to sustainability through operational efficiency and product innovation

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7️⃣ 4. INEOS

Headquarters: London, United Kingdom
Key Offering: Polypropylene Homopolymer, Random Copolymer, Impact Copolymer

INEOS is a leading manufacturer of petrochemicals, specialty chemicals, and oil products. Its INEOS Olefins & Polymers business is a major European producer of polypropylene, with a strong focus on innovation and market-responsive product development.

Innovation & Sustainability Initiatives:

• Launch of INEOS Recycled Polymer Brand

• Investment in new production technologies for enhanced sustainability

• Active participation in circular economy initiatives and partnerships

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

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6️⃣ 5. TotalEnergies

Headquarters: Paris, France
Key Offering: Total Polypropylene, Lumicene metallocene-based PP

TotalEnergies is a broad energy company with a significant presence in petrochemicals. Its polymers business is a key player in the European and global PP market, producing a wide array of high-performance grades for demanding applications.

Innovation & Sustainability Initiatives:

• Production of Circular Polymers from advanced recycling

• Ambitious targets to produce 30% circular polymers by 2030

• Development of renewable-based polypropylene

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5️⃣ 6. Formosa Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: Formolene Polypropylene

Formosa Plastics Corporation is a major global producer of plastic resins, including a significant portfolio of polypropylene products. With manufacturing facilities in Taiwan, the United States, and mainland China, the company has a formidable global supply chain.

Innovation & Sustainability Initiatives:

• Continuous capacity expansions to meet growing demand

• Focus on production efficiency and cost leadership

• Investment in R&D for new application development

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4️⃣ 7. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Lupole Polypropylene

LG Chem is a leading Korean chemical company with a strong petrochemicals portfolio. Its polypropylene business is a key contributor, supplying high-quality materials to the automotive, appliance, and packaging industries across Asia and globally.

Innovation & Sustainability Initiatives:

• Pioneering work in sustainable materials and bio-balanced products

• Commitment to achieving carbon neutrality by 2050

• Expansion into high-value, specialized PP grades

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3️⃣ 8. Braskem

Headquarters: São Paulo, Brazil
Key Offering: Polypropylene Homo-polymer, Co-polymer

Braskem is the largest petrochemical company in the Americas and a global leader in biopolymers. It is a major producer of polypropylene, with a unique position in producing green PP from sugarcane ethanol.

Innovation & Sustainability Initiatives:

• World’s first producer of green polypropylene on an industrial scale

• I’m greenTM bio-based polypropylene portfolio

• Strong focus on circular economy and mechanical recycling ventures

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2️⃣ 9. Reliance Industries Limited

Headquarters: Mumbai, India
Key Offering: Relene Polypropylene

Reliance Industries is India’s largest private sector company and a major global player in petrochemicals. Its polypropylene business is a cornerstone of its operations, catering to the rapidly growing Indian market and exporting to international customers.

Innovation & Sustainability Initiatives:

• Massive investments in expanding petrochemical capacity

• Commitment to achieving Net Carbon Zero by 2035

• Development of recycled content initiatives and circular economy projects

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1️⃣ 10. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ultra-modern PP compounds, High-performance grades

While not a merchant supplier of homopolymer PP, BASF is a critical player in the high-value segment of polypropylene compounds and advanced materials. The company’s expertise in creating tailored solutions for automotive, electrical, and consumer applications makes it a key influencer in the market.

Innovation & Sustainability Initiatives:

• ChemCycling™ project for chemical recycling of plastic waste

• Development of certified biomass-balanced PP compounds

• Extensive R&D focus on creating sustainable material solutions

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

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🌍 Outlook: The Future of Polypropylene Is Sustainable and High-Performance

The polypropylene market is undergoing a significant transformation. While traditional applications continue to drive volume growth, the industry is increasingly focused on sustainability, circularity, and advanced performance characteristics. The shift towards a circular economy is prompting massive investments in recycling technologies and bio-based feedstocks.

📈 Key Trends Shaping the Market:

• Rapid expansion of mechanical and advanced chemical recycling capacities

• Growing demand for lightweight materials in automotive and packaging to reduce carbon footprint

• Increasing regulatory push for recycled content and extended producer responsibility (EPR)

• Development of specialized PP grades for medical, electronics, and high-temperature applications

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

The companies listed above are not only supplying a fundamental industrial polymer—they are actively pioneering the sustainable materials transition that is critical for modern manufacturing and environmental stewardship.