Global Propylene Market 2016 Trends, Analysis, Outlook, Shares, Forecasts and Study
Propylene is produced through traditional processes like steam cracking and fluid catalytic cracking (FCC). It is obtained as a byproduct of the steam cracking process of natural gas liquids and naphtha that is used for the production ethylene and from gasoline-producing refinery through the FCC process. Propylene and its derivatives are used in industries such as construction, automotive, furniture, decorative molding, and others.
Technavio’s analysts forecast the global propylene market to grow at a CAGR of 5.65% during the period 2016-2020.
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The report covers the present scenario and the growth prospects of the global propylene market for 2016-2020. To calculate the market size, the report considers the sales volume of downstream propylene derivatives like polypropylene, propylene oxide, acrylonitrile, cumene, acrylic acid, and others.
Market Segment by Manufacturers, this report covers
- APAC
- Europe
- North America
- ROW
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Technavio’s report, Global Propylene Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• BASF
• Dow Chemical
• ExxonMobil Chemical
• INEOS
• LyondellBasell Industries
Other prominent vendors
• DuPont
• Sumitomo Chemical
• Saudi Basic Industries
• Chevron Phillips Chemical
Market driver
• Increase in demand for polyurethane
• For a full, detailed list, view our report
Market challenge
• Environmental concerns regarding production of propylene
• For a full, detailed list, view our report
Market trend
• Growing preference for sustainable products
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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