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Two Blokes Jul 16 -
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The global polypropylene chopped strands market is projected to grow from $1.20 billion in 2024 to $2.15 billion by 2034, at a CAGR of 5.75%. The market's expansion is driven by rising demand in electric vehicles and renewable energy storage. Polypropylene chopped strands (PPCS) are increasingly used across industries like automotive, construction, and textiles for their reinforcing capabilities in lightweight, cost-effective materials. Asia-Pacific, led by China, Japan, and South Korea, dominates this market. Key players are Owens Corning and China Jushi, among others. Challenges include raw material price volatility. The global polypropylene chopped strands market is projected to grow from $1.20 billion in 2024 to $2.15 billion by 2034, at a CAGR of 5.75%. The market's expansion is driven by rising demand in electric vehicles and renewable energy storage. Polypropylene chopped strands (PPCS) are increasingly used across industries like automotive, construction, and textiles for their reinforcing capabilities in lightweight, cost-effective materials. Asia-Pacific, led by China, Japan, and South Korea, dominates this market. Key players are Owens Corning and China Jushi, among others. Challenges include raw material price volatility.