Global Propylene Market 2026:Emerging Opportunities, Revenue Analysis and Growth Projections by Dow, BASF SE, Sumitomo Chemical Co., Ltd., Exxon Mobil Corporation., INEOS, LyondellBasell Industries Holdings B.V., SABIC, Asahi Kasei Corporation, China Petr

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.

In this market research report, a market study and overview is carried out by taking into account market drivers, market restraints, opportunities and challenges for a particular business. Geographical scope of the products is also taken into consideration methodically for the major global areas such as Asia, North America, South America, and Africa. This helps delineate strategies for the product distribution in those areas. propylene market report estimates the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application. This superior propylene market report is presented with a full devotion and dedication to the clients that extend their reach to success.

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Few of the major competitors currently working in the global propylene 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, Manali Petrochemical, AGC Chemicals, Royal Dutch Shell, Oleon NV, Repsol, Linde, Honeywell International Inc, Huntsman International LLC., Archer Daniels Midland Company, Solventis and others.

Market Drivers:

Increasing demand for commercial vehicles will drive the market
Rising preference for sustainable products is also driving the market growth
Growing demand for propylene in packaging industry will also act as a driver for this market
Increasing demand for polyurethane worldwide is also contributing as a factor for the growth of this market

Market Restraints:

Volatility in the price of raw material will restrain the market growth
Increasing environmental concern associated with the production of propylene will also hamper market

Global Propylene Market Segmentation:

By Derivatives

Polypropylene
Propylene oxide
Cumene
Acrylonitrile
Acrylic acid & Acrylates
Alcohols
Oxo- Alcohols
Isopropyl Alcohols
Others
Isobutyl Benzene
EPDM Rubbers

By Industrial Vertical

Automotive
Construction
Packaging
Textile
Others
Pharmaceuticals
Solvents

By Types

Purity 99%
Purity 99.5%
Others

By Application

Organic Chemical Raw Materials
Synthetic Resins
Fine Chemicals
Other

By Production Process Technology

Steam Cracking
Refinery
On- Purpose

By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

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