Data Bridge Market Research analyses that the propylene market was valued at USD 96.47 billion in 2021 and is expected to reach USD 135.21 billion by 2029, registering a CAGR of 4.31 % during the forecast period of 2022 to 2029.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Global Propylene Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Propylene market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Propylene market research report.
Propylene Market research report provides data and information about the scenario of industry which makes it easy to be ahead of the competition in today's speedily altering business environment. Analytical study of this market report aids in formulating growth strategies to augment sales and build brand image in the market. The report underlines historic data along with future forecast and detailed analysis on a global, local and regional level. The winning Propylene Market report also takes into account an analysis of existing major challenges faced by the business and the probable future challenges that the business may have to face while operating in this market.
Propylene is an organic compound which is present in the form of gas and it has no colour. It is a hydrocarbon, flammable and is frequently used as fuel. Most of the propylene is extracted during the process of petroleum refining. Propylene molecular weight is 42.08 g/mol and its molecular formula C3H6 and its. Propylene is also called propene which has obtained from petroleum; large amount of propylene are used in the manufacture of elastomers, resins and fibres and many other chemical products.
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Dynamics Scope and Growth Drivers of Propylene Market :
Scope:
The propylene market is segmented on the basis of derivatives, types, production process technology, industrial vertical and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
Organic Chemical Raw Materials
Synthetic Resins
Fine Chemicals
Other
Drivers:
Rise the demand of their derivatives
Rise the demand in automobile sector
Regional Analysis/Insights of Propylene Market :
The propylene market is analysed and market size insights and trends are provided by country, derivatives, types, production process technology, industrial vertical and application as referenced above.
Asia-Pacific dominates the propylene market in terms of revenue during the forecast period. This is due to the increasing demand for propylene in this region. The Asia-Pacific region leads the propylene market due to the high production and rapid pace of shale gas production in this region.
During the projected period, North America is anticipated to be the fastest developing region high production and consumption of propylene products in this region.
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The major companies which are dealing in the Propylene Market :
Dow (US)
LyondellBasell Industries Holdings B.V. (Netherlands)
BASF SE (Germany)
ADM (US)
Global Bio-chem Technology Group Company Limited (China)
DuPont Tate & Lyle Bio Products (US)
SKC Inc (South Korea)
Temix Oleo (Italy)
INEOS Oxide (Switzerland)
Huntsman International L.l..C (U.S.)
ADEKA CORPORATION (Japan)
Chaoyang Chemicals, Inc. (U.S.)
Manali Petrochemicals Limited (India)
Haike Chemical Group Co., Ltd. (China)
Arch Chemicals Inc, (US)
Repsol (Spain)
Midland Company (US)
Helm AG (Germany)
Shell Plc (UK)
Key Market Perspectives:
Thorough examination of prevailing market tendencies
Updates on the latest product advancements and innovations
Propylene Market 's Compound Annual Growth Rate (CAGR) for both historic and forecasted years
Strategies and activities of prominent players and brands in the field
Insights into the industry landscape for emerging participants
Segmentation of Propylene Market :
Derivatives (Polypropylene, Propylene oxide, Cumene, Acrylonitrile, Acrylic acid and Acrylates, Alcohols, Others), Types (Purity 99%, Purity 99.5%, Others), Production Process Technology (Steam Cracking, Refinery, On- Purpose), Industrial Vertical (Automotive, Construction, Packaging, Textile, Others), Application (Organic Chemical Raw Materials, Synthetic Resins, Fine Chemicals, Other)
Key points covered in the report: -
The pivotal aspect considered in the global Propylene Market report consists of the major competitors functioning in the global market.
The report includes profiles of companies with prominent positions in the global market.
The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
The driving factors for the growth of the global Propylene Market are thoroughly explained along with in-depth descriptions of the industry end users.
The report also elucidates important application segments of the global market to readers/users.
This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
The experts also evaluate the export/import policies that might propel the growth of the Global Propylene Market.
The Global Propylene Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Propylene Market Landscape
Part 04: Global Propylene Market Sizing
Part 05: Global Propylene Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
The investment made in the study would provide you access to information such as:
Propylene Market [Global – Broken-down into regions]
Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
Country-wise Market Size Split [of important countries with major market share]
Market Share and Revenue/Sales by leading players
Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
Market Size
Market Size by application/industry verticals
Market Projections/Forecast
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