Propylene-Petrochemicals Market Growth Trajectory In The Forecast Period 2022-2031

The global Propylene-Petrochemical market report by the business research company the propylene market is expected to benefit from growth in the automobile industry during the forecast period. Polypropylene is a polymer produced from the propylene monomer which is used in the automobile industry. Large-scale production of automobiles is leading to an increase in demand for polypropylene products which are used in the manufacturing of battery cases and trays, bumpers, interior trim, instrumental panels, fender liners, door trims, and other components. For instance, in 2019, India became the fourth largest auto market, replacing Germany with around 3.99 million units sold in the passenger and commercial vehicles categories, thus increased use of plastics in automobiles is expected to increase the demand for propylene during the forecast period.

The global propylene-petrochemicals market size is expected to grow from $92.81 billion in 2021 to $97.56 billion in 2022 at a compound annual growth rate (CAGR) of 5.1%. The global propylene-petrochemicals market size is expected to grow to $117.88 billion in 2026 at a CAGR of 4.8%.

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Asia Pacific was the largest region in the propylene-petrochemical market in 2021. Middle East was the second-largest region in the global propylene-petrochemicals market. The regions covered in the global propylene-petrochemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the Propylene-Petrochemical 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, and Exxon Mobil Corporation.

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

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The Propylene-Petrochemical Market Report Contents Include
1. Executive Summary
2. Propylene-Petrochemical Market Characteristics
3. Propylene-Petrochemical Market Trends And Strategies
4. Impact Of COVID-19 On Propylene-Petrochemical
5. Propylene-Petrochemical Market Size And Growth
....
26. Africa Propylene-Petrochemical Market
27. Propylene-Petrochemical Market Competitive Landscape And Company Profiles
28. Propylene-Petrochemical Pipeline Analysis
29. Key Mergers And Acquisitions In The Propylene-Petrochemical Market
30. Propylene-Petrochemical Market Future Outlook and Potential Analysis
31. Appendix

This report covers the trends and market dynamics of the Propylene-Petrochemical market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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