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2021 Propylene-Petrochemicals Market | In-Depth Analysis, Demand Statistics, Estimated Industry Value, CAGR Status, Upcoming Trends, And Forecast

10-18-2021 06:25 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Propylene Market

Propylene Market

The Business Research Company offers "Propylene-Petrochemicals Global Market Report 2021 - By End-Use Industry (Automotive, Construction, Packaging, Textile), By Type (Homopolymer, Copolymer), By Application (Injection Molding, Fiber & Raffia, Film & Sheet, And Blow Molding), COVID-19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.

The propylene-petrochemicals market report describes and explains the global propylene-petrochemicals market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The propylene market consists of sales of propylene gas and its related services used in various industry verticals such as automotive, construction, and packaging industries. Propylene is a building block for the addition polymer, poly (propene) and is also used in the manufacturing of epoxy propane and propanol.

The global propylene-petrochemicals market is expected to grow from $63.1 billion in 2020 to $71.87 billion in 2021 at a compound annual growth rate (CAGR) of 13.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $66.8 billion in 2025 at a CAGR of -2%.

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Some of the major players of the propylene-petrochemicals market are AGC Chemicals, Archer Daniels Midland Company, Asahi Kasei Corporation, BASF SE, Chevron Phillips Chemical Company, China National Petroleum Corp. (CNPC), China Petrochemical Corporation, Dangote Industries Ltd, Eni SpA, Enterprise Products Partners L.P., Exxon Mobil Corporation., Formosa Plastics Group (FPG), Haldia Petrochemicals Ltd, Honeywell International Inc, Huntsman International LLC., Ineos Group Ltd., Linde, LyondellBasell Industries Holdings B.V., Manali Petrochemical, Oleon NV, Reliance Industries Ltd., Repsol, Royal Dutch Shell PLC, Saudi Basic Industries Corp. (SABIC), Shanghai Secco, Sinopec Corp., Solventis, Sumitomo Chemical Co., Ltd., The Dow Chemical Company, Total S.A., Valero Energy Corp.

The countries covered in the global propylene-petrochemicals market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global propylene-petrochemicals market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global propylene-petrochemicals market is segmented -
1) By End-Use Industry: Automotive, Construction, Packaging, Textile, Others
2) By Type: Homopolymer, Copolymer,
3) By Application: Injection Molding, Fiber & Raffia, Film & Sheet, and Blow Molding

Read More On The Global Propylene-Petrochemicals Market Report:
https://www.thebusinessresearchcompany.com/report/propylene-petrochemicals-global-market-report

Few Points From Table Of Content
1. Executive Summary
2. Propylene Market Characteristics
3. Propylene Market Trends And Strategies
4. Impact Of COVID-19 On Propylene
5. Propylene Market Size And Growth

26. Africa Propylene Market
27. Propylene Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Propylene Market
29. Propylene Market Future Outlook and Potential Analysis
30. Appendix

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