"We Envision Growth Strategies Most Suited
to Your Business"

Performance and Affordability: How Top Resin Manufacturers are Catering to Growing Need for Packaging Solutions

May 24, 2024 | Chemicals & Materials

Resins, whether sourced from plants or synthetically produced, serve as solid or highly viscous substances widely used across automotive, electronics, consumer goods, and agriculture sectors. Polypropylene (PP) is a highly used thermoplastic resin in the automotive industry. It offers a cost-effective choice with excellent mechanical properties and moldabiliy, making it the predominant plastic in over 50% of automotive applications. PP compounds find use in diverse components such as bumper facias, instrument panels, and door trims due to their outstanding attributes in terms of performance and affordability. The resin market is poised for growth, fueled by the increasing demand for polypropylene in automotive and construction.