Global Propylene Industry Report 2024: China, US and South Korea Accounted for Over 58% of Supply in 2023 - Forecasts to 2030


Dublin, May 03, 2024 (GLOBE NEWSWIRE) -- The "Global Propylene Market" report has been added to ResearchAndMarkets.com's offering.

The demand for propylene has been growing steadily and is projected to grow at a CAGR of 3.6% during 2023-2030.

Propylene is a key petrochemical with diverse applications spanning solvents, propellants, chemical intermediaries, and polymer production. Among regions, Asia leads in terms of propylene demand mainly due to rapid economic and infrastructure development in several countries, including China, India, and South Korea. China, US and South Korea collectively accounted for over 58% of the global propylene supply in 2023.

Scope

  • Propylene demand and supply analysis by key countries
  • Upcoming capacity additions by key countries
  • Details of upcoming propylene projects

Reasons to Buy

  • Understand key trends in the global propylene industry
  • Identify opportunities in the global propylene industry with the help of upcoming plants and capital expenditure outlook
  • Understand the current and future competitive scenario

Key Topics Covered:

  • China Poised to Lead Global Propylene Demand
  • Asia Leads Global Propylene supply
  • Developing Asian Countries Draw Significant Propylene Trade Flows
  • Asia and the Middle East to Lead Global Propylene Capacity Additions
  • Polypropylene Leads in the Propylene Demand
  • Asia and North America to Drive the Upcoming Capacity Additions
  • Propane Dehydrogenation (PDH)- The Primary on Purpose Technology used in Propylene Production
  • Key Propylene Projects Globally
  • Key Upcoming Polyolefins Projects

For more information about this report visit https://www.researchandmarkets.com/r/19c7xm

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