Global Propylene Market
Summary
Propylene is a key petrochemical with diverse applications spanning solvents, propellants, chemical intermediaries, and polymer production. The demand for propylene has been growing steadily and is projected to grow at a CAGR of 3.6% during 2023-2030. Among regions, Asia leads in terms of propylene demand mainly due to rapid economic and infrastructure development in several countries, including China, India, and South Korea. China, US and South Korea collectively accounted for over 58% of the global propylene supply in 2023.
Scope
Propylene demand and supply analysis by key countries
Upcoming capacity additions by key countries
Details of upcoming propylene projects
Reasons to Buy
Understand key trends in the global propylene industry
Identify opportunities in the global propylene industry with the help of upcoming plants and capital expenditure outlook
Understand the current and future competitive scenario
- Key Highlights
- Global Propylene Market
- China Poised to Lead Global Propylene Demand
- Asia Leads Global Propylene supply
- Developing Asian Countries Draw Significant Propylene Trade Flows
- Asia and the Middle East to Lead Global Propylene Capacity Additions
- Polypropylene Leads in the Propylene Demand
- Asia and North America to Drive the Upcoming Capacity Additions
- Propane Dehydrogenation (PDH)- The Primary on Purpose Technology used in Propylene Production
- Key Propylene Projects Globally
- Key Upcoming Propylene Projects
- Appendix
Research Assistance
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