Propylene Industry Installed Capacity and Capital Expenditure (CapEx) Market Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022-2026
Summary
Global Propylene capacity is expected to experience moderate growth over the next five years from 143.95 mtpa in 2021 to 199.86 mtpa in 2026. Around 149 planned and announced Propylene projects are expected to come online by 2026, predominantly in Asia followed by the Middle East over the upcoming years. Among countries, China is expected to lead Propylene capacity additions by 2026, followed by India and Iran. Oriental Energy Co Ltd, Shandong Yulong Petrochemical Ltd and Indian Oil Corp Ltd are the top three companies by planned and announced capacity additions globally over the upcoming years.
Scope
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