Propylene Market– Future Scope , Industry Trends and Forecast to 2026

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Propylene Market Future Scope , Industry Trends
and Forecast to 2026
Propylene Market By Derivatives (Polypropylene,
Propylene oxide, Cumene, Acrylonitrile, Acrylic
acid Acrylates, Alcohols, Others), Industrial
Vertical (Automotive, Construction, Packaging,
Textile, Others), Types (Purity 99, Purity
99.5, Others), Application (Organic Chemical Raw
Materials, Synthetic Resins, Fine Chemicals,
Other), Production Process Technology (Steam
Cracking, Refinery, On- Purpose), Geography
(North America, Europe, Asia-Pacific, South
America, Middle East and Africa) Industry
Trends and Forecast to 2026
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rglobal-propylene-market
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Report Description
Global propylene market is set to witness a
steady CAGR of 4.15 in the forecast period of
2019- 2026. The report contains data of the base
year 2018 and historic year 2017. Rising demand
of propylene from construction industry and
rising prevalence for polyurethane is the major
factor for the growth of this market. Propylene
or propene is a colorless and flammable gas which
is derived by cracking petroleum hydrocarbons.
They are usually the byproduct of natural gas
processing and oil refining. Cumene, alcohols,
acrylic acrylates, propylene oxide are some of
the derivatives of the propylene. They are often
used as fuel. They are usually converted into
liquid by increasing the pressure so that they
can be stored easily. Propylene is widely used in
industries such as construction, packaging,
textile, automotive and others.
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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
• Chevron Phillips Chemical Company

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propylene-market
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Market Segmentation

• By Derivatives (Polypropylene, Propylene oxide,
  Cumene, Acrylonitrile, Acrylic acid Acrylates,
  Alcohols, Others)
• By Industrial Vertical (Automotive, Construction,
  Packaging, Textile, Others)
• By Types (Purity 99, Purity 99.5, Others)
• By Application (Organic Chemical Raw Materials,
  Synthetic Resins, Fine Chemicals, Other)

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l-propylene-market
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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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