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Banc of California, Inc. is a financial holding company. The Company is the parent of Banc of California, National Association (the Bank). The Company operates through Commercial Banking; Mortgage Banking, and Corporate/Other segments. As of December 31, 2016, the Bank had 90 California banking locations, including 39 full service branches in San Diego, Orange, Santa Barbara, and Los Angeles Counties. The Bank offers automated bill payment, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, trust services, card payment services, remote and mobile deposit capture, automatic clearing house (ACH) origination, wire transfer, direct deposit, and safe deposit boxes. Bank customers also have the ability to access their accounts through a nationwide network of automated teller machines (ATMs), online, telephone and mobile banking. The Bank's lending activities are focused on providing financing to private businesses, entrepreneurs and homeowners.

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Europe Polypropylene Market to Reach USD 17.65 Billion by 2027; Usage in Packaging of Food & Beverages to Boost Growth, Says Fortune Business Insights(TM)

6:14 am ET August 20, 2020 (Globe Newswire) Print

The Europe polypropylene market is set to gain momentum from its possession of several beneficial properties. It has high chemical and heat resistance properties and hence, is extensively used in the packaging of food & beverages. This information is given by Fortune Business Insights(TM) in a new report, titled, "Europe Polypropylene Market Size, Share & COVID-19 Impact Analysis, By Type (Homopolymer, Copolymer {Random Copolymer, and Block Copolymer}), Form (Resin and Powder), End-use Industry (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Textile & Fiber, and Others), and Country By Type, 2020-2027." The report further states that the PP market size was USD 16.76 billion in 2019 and is projected to reach USD 17.65 billion by 2027, exhibiting a CAGR of 2.1% during the forecast period.

The outbreak of the COVID-19 pandemic has caused immense losses for a wide range of industries. Several healthcare companies are persistently striving to discover a vaccine for curing the coronavirus. Our reports are specially curated to provide elaborate information about the effects of this pandemic on every market. It will help you in selecting the right strategy for intensifying competition.

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This Report Answers the Following Questions:

-- What are the growth drivers, hindrances, and dynamics in the market for Europe polypropylene?

-- Which segment is expected to lead the market in the coming years?

-- Which region is anticipated to dominate the market in the near future?

-- How will the COVID-19 pandemic affect sales of PP?

Drivers & Restraints-

Rising Demand for Processed Food & Beverages to Drive Growth

Europe is experiencing high demand for food products owing to the rising population. Also, the busy and changing lifestyles of people are increasing the need for processed food items that consist of longer shelf-life. This factor is compelling the manufacturers to utilize effective packaging solutions to prevent spoilage of food items. Polypropylene is capable of protecting the food and beverages from becoming stale due to external and internal factors. It can act as a moisture barrier. At the same time, it protects those products from temperature fluctuations and UV rays.

However, the COVID-19 pandemic has caused a rapid decline in the demand for polymers and gasoline. This is further resulting in the fluctuations in the prices of crude oil. Apart from this, the rising restrictions and halt of production processes in various industries owing to the lockdown measures may hamper the Europe polypropylene market growth in the near future.

Browse Detailed Research Insights with TOC:


Automotive Segment to Grow Rapidly Owing to Usage of PP in Making Vehicle Parts

Based on end-use industry, the market for Europe polypropylene is fragmented into textile & fiber, infrastructure & construction, healthcare & pharmaceuticals, packaging, agriculture, automotive, electrical & electronics, consumer goods/lifestyle, and others. Out of these, the automotive segment procured 14.0% in terms of the Europe polypropylene market share in 2019. This growth is attributable to the increasing consumption of PP for developing automotive components and parts owing to its high moldability, strength flexibility, and tensile properties. Besides, PP helps in surging the fuel economy by lowering the weight of the vehicle. Also, in 2019, the consumer goods/lifestyle and agriculture segments generated 7.0% and 6.1% shares, respectively.

Regional Analysis-

High Demand for PP from Healthcare Industry to Favor Growth in France

Geographically, the market is segregated into Poland, Germany, Sweden, Italy, Norway, France, Netherlands, the U.K., Belgium, Spain, and the rest of Europe. Amongst these, Germany is expected to generate the largest market share fueled by the high demand for PP from packaging, infrastructure & construction, and automotive industries. France, on the other hand, is likely to showcase increasing demand from the pharmaceutical and healthcare industries for the production of drug delivery systems, as well as medical devices and equipment. Italy would also exhibit considerable growth in the near future backed by the increasing demand from the automotive industry.

Competitive Landscape-

Key Players Aim to Gain Competitive Edge by Launching Unique Products

The market houses a large number of industry giants that are participating in the strategies of novel product launches and construction of new production lines. Such strategies are helping them to gain a competitive edge and wide consumer base across Europe.

Fortune Business Insights(TM) presents a list of all the polypropylene manufacturers operating in the Europe market. They are as follows

-- LyondellBasell Industries N.V. (Netherlands)

-- ExxonMobil Chemical (U.S.)

-- China National Petroleum Corporation (China)


-- China Petroleum & Chemical Corporation (China)

-- SABIC (Saudi Arabia)

-- Ducor Petrochemicals (Netherlands)

-- Reliance Industries Limited (India)

-- Formosa Plastic Group (Taiwan)

-- Total S.A. (France)

-- Braskem (Brazil)

-- BASF SE (Germany)

-- Repsol (Spain)

-- Borouge (UAE)

-- Borealis AG (Austria)

-- MOL Group (Hungary)

-- Beaulieu International Group (Belgium)

-- Other key players

Order a Complete Research Report:

Detailed Table of Content:

-- Introduction

    -- Research Scope

    -- Research Scope

    -- Market Segmentation

    -- Research Methodology

    -- Definitions and Assumptions

    -- Executive Summary

    -- Market Dynamics

      -- Market Drivers

      -- Market Drivers

      -- Market Restraints

      -- Market Opportunities

      -- Key Insights

        -- Key Emerging Trends - For Major Countries

        -- Key Emerging Trends - For Major Countries

        -- Key Developments: Mergers, Acquisition, Partnership, etc.

        -- Latest Technological Advancement

        -- Insights on Regulatory Scenario

        -- Porters Five Forces Analysis

        -- Price Trend Analysis

        -- Europe Polypropylene Market Analysis, Insights and Forecast, 2016-2027

          -- Key Findings / Summary

          -- Key Findings / Summary

          -- Market Size Estimates and Forecast

            -- By Type

            -- By Type

            -- Homopolymer

            -- Copolymer

              -- Random Copolymer

              -- Random Copolymer

              -- Block Copolymer

              -- By Form

              -- Resin

              -- Resin

              -- Powder

              -- By End-Use Industry

              -- Packaging

              -- Packaging

              -- Automotive

              -- Infrastructure & Construction

              -- Consumer Goods/Lifestyle

              -- Healthcare & Pharmaceuticals

              -- Electrical & Electronics

              -- Agriculture

              -- Textile &Fiber

              -- Others

              -- By Country

              -- Germany

              -- Germany

              -- France

              -- UK

              -- Italy

              -- Spain

              -- Poland

              -- Belgium

              -- Netherlands

              -- Norway

              -- Sweden

              -- Rest of Europe

              TOC Continued...!!!

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              Below are a couple of the latest industry developments:

              -- June 2019: LyondellBasell commences the building of its fourth PP production line in Thailand. The company is doing so through HMC Polymers Company Limited, its joint venture.

              -- October 2018: SABIC launches its latest ultra-high melt flow PP that is best suitable for personal hygiene applications. It is meant for lightweight breathable non-woven fabrics.

              Have a Look at Related Research Insights:

              Polypropylene Market Size, Share & Industry Analysis, By Type (Homopolymer, Copolymer), By End User (Packaging, Automotive, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Agriculture, Others), and Regional Forecast 2019-2026

              Expanded Polypropylene Foam Market Size, Share & Industry Analysis By Type (Low Density, High Density, Porous PP), By Application (Automotive, Packaging, Consumer Goods, Others) and Regional Forecast, 2019-2026

              Bio-based Polypropylene Market Size, Share & Industry Analysis, By Application (Textile, Injection Molding, Films, Others) and Regional Forecast, 2019-2026

              Resin MarketSize, Share & Industry Analysis, By Type (Polypropylene, Polyvinyl chloride, Polyurethane, Polyethylene terephthalate, Polystyrene, Expanded polystyrene, others), By End-Use Industry (Packaging, Building & Construction, Automotive & Transportation, Electrical & electronics, Agriculture, others) and Regional Forecast, 2019-2026

              Automotive Plastics MarketSize, Share & Industry Analysis, By Type (Polypropylene, Polyurethane, Polyamide, Polyvinylchloride, Acrylonitrile Butadiene Styrene, Polycarbonate, Polyethylene, and Others), By Application (Interior, Exterior, and Under Bonnet), and Regional Forecast, 2019-2026

              Plastics MarketSize, Share & Industry Analysis, By Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Polyurethane, Polystyrene), By End-Use Industry (Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics, Textile), and Regional Forecast, 2019-2026

              Injection Molded Plastics MarketSize, Share & Industry Analysis, By Resin (Polypropylene (PP), Acrylonitrile butadiene styrene (ABS), High-density polyethylene (HDPE), Polystyrene (PS), and Others), By Application (Automotive, Packaging, Building & Construction, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2019-2026

              About Us:

              Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

              Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

              At Fortune Business Insights(TM), we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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