Global Electronic Grade Propylene (C3H6) Market Growth 2023-2029

Global Electronic Grade Propylene (C3H6) Market Growth 2023-2029

Propene, also known as propylene, is an unsaturated organic compound. It has one double bond, and is the second simplest member of the alkene class of hydrocarbons. It is a colorless gas with a faint petroleum-like odor.

LPI (LP Information)' newest research report, the “Electronic Grade Propylene (C3H6) Industry Forecast” looks at past sales and reviews total world Electronic Grade Propylene (C3H6) sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Grade Propylene (C3H6) sales for 2023 through 2029. With Electronic Grade Propylene (C3H6) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Grade Propylene (C3H6) industry.

This Insight Report provides a comprehensive analysis of the global Electronic Grade Propylene (C3H6) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Grade Propylene (C3H6) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Grade Propylene (C3H6) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Grade Propylene (C3H6) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Propylene (C3H6).

The global Electronic Grade Propylene (C3H6) market size is projected to grow from US$ 25 million in 2022 to US$ 29 million in 2029; it is expected to grow at a CAGR of 29 from 2023 to 2029.

Taiyo Nippon Sanso is the largest manufacturer of electronic grade propylene(C3H6) in the world, has a share about 30 %. Other players include Air Liquide, Sumitomo Seika, and Maoming Tianyuan Petrochemical, etc.

Geographically speaking, Japan is the largest market and covers over 50 % of total market share. In terms of type, purity below 99.995% is most popular and has a market share of over 75%. In terms of application, semiconductor industrial is the dominant product using electronic grade propylene(C3H6) and accounts for about 60% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Grade Propylene (C3H6) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Purity: below 99.995%
Purity: from 99.995% to 99.999%
Purity: above 99.999%

Segmentation by application
Semiconductor
Other Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Taiyo Nippon Sanso
Air Liquide
Sumitomo Seika
Maoming Tianyuan Petrochemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electronic Grade Propylene (C3H6) market?

What factors are driving Electronic Grade Propylene (C3H6) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electronic Grade Propylene (C3H6) market opportunities vary by end market size?

How does Electronic Grade Propylene (C3H6) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.