From 2011 to 2012, the global PP market will grow at an annual rate of 5% to 6%. Emerging markets headed by China and India will lead the growth of global production and sales. PP, which was invented more than 50 years ago, continues to find new uses for new growth, especially in the automotive sector. In order to meet increasingly stringent environmental regulations, automakers are advancing the use of thermoplastics that can both reduce vehicle weight and improve car environmental performance.

According to Sakil, the manager of Mai America’s PP business, the growth rate of the PP market in all regions of the world is very different. Affected by the volatility of PP prices, PP demand in North America is expected to decline by 0.5% this year, but it will increase by 2.4% in 2012. The Indos, the main PP producer in North America, is even more pessimistic about the prospects of the PP market in the region. The company expects that due to the economic downturn, the demand for PP in North America will decline by 3% to 5% this year, and the demand for PP in Western Europe Not good either.

Demand from other regions of the world is relatively strong. Borealis forecasts that India will become the country with the fastest growth in PP demand from 2011 to 2012; the second place will be China and Africa, both of which will increase by 8.2%. Demand in the Commonwealth of Independent States, South America, and Southeast Asia will increase by 6.7%, 6.1%, and 4.6% respectively.

According to the latest report from IHS SRI, China will add more than 7 million tons/year PP capacity from 2011 to 2019. Among them, the planned production in 2011 was CNOOC Ningxia's 100,000 tons/year plant in Yinchuan, Sinopec Beihai Company's 200,000 tons/year plant in Beihai, Guangxi, and CNPC Daqing Company's 300,000 tons/year production in 2012/ Annual installations, CNOOC's 150,000 tons/year project in Hohhot, PetroChina Sichuan Company's 450,000 tons/year plant in Pengzhou, Sichuan, and Sinochem Quanzhou Company's 200,000 tons/year project; in 2013, 30 companies from Zhejiang Tiansheng Company were located in Ningbo. Ten thousand tons/year project, Shanxi Yanchang Group's 300,000 tons/year PP plant in Yulin, Sinopec Wuhan Branch 400,000 tons/year project, Sinopec Zhongyuan Company's 100,000 tons/year project; in 2014, Sinopec Shanghai Petrochemical is located. The 250,000-ton/year project in Shanghai and the 600,000-ton/year project of Zhanjiang Branch of Sinopec Corp.; and the 700,000-ton/year project of Zhonghai Refinery and Chemical Co., Ltd. located in Huizhou, and the 350,000-ton/year project of Yangzi Petrochemical, Sinopec, in 2016; The Yanchang Group's 250,000-ton/year plant in Yan'an was put into operation; in 2017, Sinopec Shanghai Petrochemical's 250,000-ton/year project was located in Handan; 2019 Other production with Chinese manufacturers about 225 million tons / year PP capacity.

M&A has led to changes in the top ten PP manufacturers in the world in recent years. Brazil Braskem recently completed a $340 million purchase of Dow Chemical PP, which surpassed Lyondell Basel to become the largest PP producer in the United States. In the North American market including Mexico, Braskem has also been on the same footing as Lyondell Basel; in the global market, Braskem replaced Saab as the fourth largest producer in the world. Braskem's current PP production capacity in the United States has increased to 1.45 million tons per year, while global production capacity has exceeded 4 million tons per year. The LyondellBasell PP production capacity in North America (excluding the production capacity of the Indelpro joint venture in Mexico) was 1.405 million tons/year.