Global Electronic Grade Propylene(C3H6) Market Research Report 2022

Global Electronic Grade Propylene(C3H6) Market Research Report 2022

Market Analysis and Insights: Global Electronic Grade Propylene(C3H6) Market

The global Electronic Grade Propylene(C3H6) market size is estimated to be worth US$ 26.96 million in 2022 and is forecast to a readjusted size of US$ 30.85 million by 2028 with a CAGR of 2.27% during the review period. Purity<99.995% accounting for 77.63% of the Electronic Grade Propylene(C3H6) global market in 2021, is projected to value US$ 24.67 million by 2028, growing at a revised 5.75% CAGR in the post-COVID-19 period. While Semiconductor Industry segment is altered to a 2.53 % CAGR throughout this forecast period.

North America Electronic Grade Propylene(C3H6) market is estimated at US$ 10.11 million in 2021, while Europe is forecast to reach US$ 5.39 million by 2028. The proportion of the North America is 12.06% in 2021, while Europe percentage is 5.33%, and it is predicted that Europe share will reach 5.06% in 2028, trailing a CAGR of 2.49 % through the analysis period. As for the Asia, the notable markets are Taiwan (China) and South Korea, CAGR is 3.09 % and 3.29 % respectively for the next 6-year period.

The global major manufacturers of Electronic Grade Propylene(C3H6) include Taiyo Nippon Sanso, Air Liquide, Sumitomo Seika, Maoming Tianyuan Petrochemical, and etc. In terms of revenue, the global 3 largest players have a 65.43% market share of Electronic Grade Propylene(C3H6) in 2021.

Global Electronic Grade Propylene(C3H6) Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Electronic Grade Propylene(C3H6) Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company
Taiyo Nippon Sanso
Air Liquide
Sumitomo Seika
Maoming Tianyuan Petrochemical

Segment by Type
Purity<99.995%
99.995%≤Purity<99.999%
Purity≥99.999%

Segment by Application
Semiconductor Industry
Other Electronic Industry

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada

Asia-Pacific
China
Japan
South Korea
China Taiwan

Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe

South America
Brazil