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Global Commodity Research: Polypropylene

Executive Summary
Market Value

The plastics market can be defined by two categories: common and engineered. Common plastics include Polypropylene (PP), Polyethylene (PE), and Polyvinyl Chloride (PVC). The common plastics market was estimated to be approximately US$80bn in 2004, and this general plastics market grew by approximately 5% in 2005 to a value of US$84bn. This report focuses on Polypropylene. The PP market is the most rapidly growing sector of the general plastics market, accounting for more than 50% of demand at US$40bn. PP is the commodity of choice for packaging, weave and auto industry applications.

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