René Muschter
Research Expert covering Industry & Mobility
Polypropylene industry worldwide - statistics & facts
The global average price of polypropylene dropped to 968 U.S. dollars per ton in 2023, marking a significant decrease of 165 U.S. dollars from the previous year. The thermoplastic polymer, derived from propylene as a by-product of oil refining and natural gas processing, is impacted by fluctuations in the oil and gas markets. It is widely used in various applications such as packaging, textiles, automotive, medical, and construction.
