Uploaded on Jan 25, 2022
The propylene market is expected to witness market growth at a rate of 4.43% in the forecast period of 2021 to 2028.
Propylene Market Size, Share, Future Prospects and Forecast to 2028
Propylene Market Size, Share, Future Prospects and
Forecast to 2028
Propylene Market, By Derivatives (Polypropylene, Propylene oxide, Cumene,
Acrylonitrile, Acrylic acid & Acrylates, Alcohols, Others), Types (Purity 99%, Purity
99.5%, Others), Production Process Technology (Steam Cracking, Refinery, On-
Purpose), Application (Organic Chemical Raw Materials, Synthetic Resins, Fine
Chemicals, Other), Industrial Vertical (Automotive, Construction, Packaging, Textile,
Others), Industry Trends and Forecast to 2028.
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Market Analysis and Insights
The propylene market is expected to witness market growth at a rate of 4.43% in the
forecast period of 2021 to 2028. Data Bridge Market Research report on propylene
market provides analysis and insights regarding the various factors expected to be
prevalent throughout the forecast period while providing their impacts on the market’s
growth. The increase in demand for the product from end user industries is escalating
the growth of propylene market.
Propylene or propene alludes to a dreary and combustible gas determined by breaking
petroleum hydrocarbons. They are the side-effect of gaseous petrol handling and oil
refining and a portion of the subsidiaries of the propylene incorporate acrylic and
acrylates, propylene oxide, alcohols and cumene. This is used as fuel.
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Major Key Players
Some of the major players operating in this market are :
• Dow
• BASF SE
• Sumitomo Chemical Co., Ltd.
• Exxon Mobil Corporation.
• INEOS
• LyondellBasell Industries Holdings B.V.
• SABIC
• Asahi Kasei Corporation,
• China Petrochemical Corporation
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Market Segmentation
• By Derivatives (Polypropylene, Propylene oxide, Cumene, Acrylonitrile,
Acrylic acid & Acrylates, Alcohols, Others)
• By Production Process Technology (Steam Cracking, Refinery, On- Purpose)
• By Application (Organic Chemical Raw Materials, Synthetic Resins, Fine
Chemicals, Other)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
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process.
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