Modified Polypropylene Market is expected to expand at a CAGR of 5.5% from 2021 to 2030
Modified Polypropylene Industry Overview The global modified polypropylene market size was valued at USD 34.12 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2030. The growth of the market is attributed to the use of modified polypropylene in the automotive, electrical and electronics, packaging, medical, building and construction, and other industries. The automotive industry has witnessed growth due to technological advancements, rising disposable income, and population shift towards electric vehicles. In addition, the growing demand for materials as a replacement for metals to reduce weight is propelling the demand for modified polypropylene in the automotive, electrical and electronics, building and construction, and other industries. Gather more insights about the market drivers, restrains and growth of the Global Modified Polypropylene Market Modified polypropylene exhibits a perf...