Press release
Propylene Market valued at USD 145.8 billion in 2024 and is projected to reach USD 212.3 billion by 2030
Propylene Market
The Propylene Market continues to expand steadily due to increasing demand across plastics, automotive, packaging, construction, textiles, and chemical manufacturing. Propylene is a key petrochemical intermediate used for producing polypropylene, acrylonitrile, propylene oxide, cumene, and alcohols, making it essential for a wide range of industrial, consumer, and commercial applications.
The global market is valued at USD 145.8 billion in 2024 and is projected to reach USD 212.3 billion by 2030, growing at a CAGR of 6.4% during 2024-2030. Growth is driven by rising polypropylene consumption, increasing automotive lightweighting trends, expanding packaging production, and the development of on-purpose propylene technologies like PDH (Propane Dehydrogenation).
Download Full PDF Sample Copy of Market Report
https://exactitudeconsultancy.com/request-sample/74335
Market Growth (2024-2030)
• Market Size 2024: USD 145.8 billion
• Market Size 2030: USD 212.3 billion
• CAGR: 6.4%
Asia-Pacific dominates global propylene consumption due to large-scale manufacturing, high polypropylene production capacity, and strong economic growth in China and India.
Key Market Drivers
• Rising global demand for polypropylene (PP) in packaging, automotive, consumer goods & healthcare
• Expansion of propane dehydrogenation (PDH) plants for on-purpose propylene production
• Growth in automotive lightweighting, boosting PP and propylene derivatives
• Increasing consumption of acrylonitrile, propylene oxide, and cumene
• Rising demand from construction materials and textiles
• Strong growth in e-commerce driving rigid & flexible plastics derived from propylene
Explore Full Report here:
https://exactitudeconsultancy.com/reports/74335/propylene-market
Market Segmentation
By Derivative
• Polypropylene (PP)
• Acrylonitrile
• Propylene Oxide
• Cumene
• Acrylic Acid
• Isopropanol (IPA)
• Butanol & Plasticizers
• Others (Solvents, Intermediates)
By Production Process
• Steam Cracking
• Fluid Catalytic Cracking (FCC)
• Propane Dehydrogenation (PDH)
• Metathesis
• Others (Coal-to-Olefins, Methanol-to-Olefins)
By Application
• Packaging Films
• Automotive Components
• Textiles & Fibers
• Construction Materials
• Household & Consumer Goods
• Chemical Intermediates
• Cleaning Agents & Solvents
• Pharmaceuticals & Healthcare
By End-Use Industry
• Packaging
• Automotive
• Construction
• Chemicals & Petrochemicals
• Textiles
• Electronics & Appliances
• Healthcare & Pharmaceuticals
• Agriculture
By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Get Your Exclusive Offer with up to 10% Discount
https://exactitudeconsultancy.com/checkout/?currency=USD&type=single_user_license&report_id=74335
Key Market Trends
• Rapid growth of PP packaging due to hygiene demand in food, FMCG, & e-commerce sectors
• Expansion of PDH-based propylene production to reduce dependency on naphtha cracking
• High R&D focus on bio-based propylene and sustainable polypropylene
• Increasing use of propylene oxide in polyurethane foams for insulation & automotive applications
• Development of advanced catalyst technologies for higher conversion efficiency
• Rising adoption of recycled polypropylene (rPP) aligned with circular economy goals
Competitive Landscape
Key companies in the global Propylene Market include:
• LyondellBasell Industries
• ExxonMobil Chemical
• SABIC
• Dow Inc.
• BASF SE
• Chevron Phillips Chemical Company
• China National Petroleum Corporation (CNPC)
• Royal Dutch Shell
• INEOS Group
• Borealis AG
These companies focus on expanding petrochemical capacity, investing in PDH units, improving process efficiency, and strengthening value chains for polypropylene and downstream derivatives.
Recent Developments
• Major expansions of PDH plants in China, the Middle East, and the U.S.
• New investments in polypropylene and propylene oxide production capacity
• Strategic partnerships to develop low-carbon and bio-based propylene routes
• Advancements in catalyst technologies to improve yield in cracking and dehydrogenation
• Growth in recycling technologies supporting circular polypropylene value chains
• Strong demand from automotive OEMs for lightweight PP-based components
This report is also available in the following languages : Japanese (プロピレン市場), Korean (프로필렌 시장), Chinese (丙烯市场), French (Marché du propylène), German (Propylenmarkt), and Italian (Mercato del propilene), etc.
Request for a sample of this research report at (Use Corporate Mail ID for Quick Response) @
https://exactitudeconsultancy.com/request-sample/74335
Our More Reports:
Revenue Management Market
https://exactitudeconsultancy.com/reports/74557/revenue-management-market
Network Security Market
https://exactitudeconsultancy.com/reports/74559/network-security-market
Driver Drowsiness Detection System Market
https://exactitudeconsultancy.com/reports/74561/driver-drowsiness-detection-system-market
Voice Commerce Market
https://exactitudeconsultancy.com/reports/74563/voice-commerce-market
https://bulletin.exactitudeconsultancy.com/
https://www.thehealthanalytics.com/
https://www.analytica.global/
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Propylene Market valued at USD 145.8 billion in 2024 and is projected to reach USD 212.3 billion by 2030 here
News-ID: 4289955 • Views: …
More Releases from Exactitude Consultancy
Anti-Migrating Agent Market valued at USD 512.6 million in 2024 and is expected …
Market Overview
The Anti-Migrating Agent Market is experiencing steady growth driven by rising demand from textiles, rubber, plastics, adhesives, coatings, construction materials, and specialty chemicals. Anti-migrating agents prevent bleeding, blooming, color migration, and chemical diffusion in materials, ensuring stability, durability, and product performance. They are widely used in applications such as synthetic leather, polyurethane (PU) formulations, textile printing, rubber compounding, and polymer modification.
The global market is valued at USD 512.6 million…
Green Buildings Market valued at USD 538.4 billion in 2024 and is projected to r …
Market Overview
The Green Buildings Market is growing rapidly as governments, developers, corporates, and consumers increasingly prioritize energy efficiency, sustainability, indoor air quality, and carbon reduction in construction. Green buildings incorporate renewable energy systems, smart materials, efficient insulation, water-saving technologies, low-carbon cement, and intelligent building automation, reducing both operational and embodied emissions.
The global market is valued at USD 538.4 billion in 2024 and is projected to reach USD 954.1 billion by…
6G Market Analysis: Growth Drivers, Challenges, and Competitive Landscape
The global 6G Market is accelerating as governments, telecom operators, semiconductor companies, and research institutions begin large-scale development of sixth-generation wireless technology. Set to succeed 5G, 6G aims to deliver 1 Tbps speeds, sub-millisecond latency, AI-integrated networks, holographic communication, immersive XR, and seamless connectivity across Earth, air, and space.
Although still in early R&D phases, 6G is expected to revolutionize industries such as autonomous systems, smart cities, healthcare, manufacturing, and global…
ZigBee Market Wireless Communication, IoT Applications, and Future Forecast
The global Zigbee Market is expanding steadily as Zigbee technology becomes a preferred wireless communication protocol for smart home electronics, IoT devices, automation systems, and industrial control applications. Operating on a low-power, low-cost, IEEE 802.15.4-based mesh network, Zigbee supports reliable communication across hundreds of devices with minimal energy consumption.
With the rapid adoption of connected home ecosystems, smart city initiatives, and IoT-enabled industrial automation, Zigbee continues to play a critical role…
More Releases for Propylene
Bio-Based Propylene Glycol Market Report 2024 - Bio-Based Propylene Glycol Marke …
"The Business Research Company recently released a comprehensive report on the Global Bio-Based Propylene Glycol Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive…
global Propylene Glycol Methyl Ether market is segmented by Propylene Glycol Mon …
Propylene glycol methyl ether, also known as 1-methoxy-2-propanol, is a colorless organic chemical compound. Generally, Propylene glycol methyl ether is medium boiling glycol ether that is categorized under P-series glycol ether group. This compound is produced by the reaction between propylene oxide and methanol which is carried out in presence catalyst. Propylene glycol methyl ether are used prevalently as an organic solvent in commercial as well as industrial applications such…
Global Propylene Oxide Market 2017-2025 | Polyether Polyols, Propylene Glycols, …
Press Release – 06 Sep 2018
Research and Development News --
. .
Latest Update "Global Market Study on Propylene Oxide: China and India Projected to Witness Robust Growth Rates in the APAC Regional Market During 2017-2025" with Industries Survey | Global Current Growth and Future.
' '
Market Research in its upcoming report titled Propylene Oxide Market: Global Industry Analysis and Forecast 2017-2025 has conducted an in-depth analysis of the propylene oxide market…
Advancements in Propylene Oxide Market
An oxide is a binary compound combined with an electropositive element or a group. Propylene, which is a colorless gas, belongs to the alkene group. It is obtained by thermal cracking of ethylene and has a faint odor similar to petroleum. Propylene oxide is a chemical compound of propylene and oxygen. It is organic and behaves as a chemical intermediate in various chemical synthesis processes. Propylene oxide with chemical formula…
Global Propylene Oxide Market During 2017-2025 | Polyether Polyols, Propylene Gl …
Propylene Oxide Market: Global Industry Analysis and Forecast 2017-2025 has conducted an in-depth analysis of the propylene oxide market for an eight year forecast period concluding in 2025. The study is based on key market segments that have been appropriately explained below.
Global Propylene Oxide Market: Taxonomy
- By Application
Polyether Polyols
Propylene Glycols
Propylene Glycol Ethers
Others
Flame Retardant
Fumigants
. .
– Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1293632
' '
- Best-in-class Research Methodology
Persistence Market Research analysts…
Southeast Asia Propylene Market: propylene glycol production is highly scoped th …
Propylene or propene is one of the highly used and demanded organic compounds in the industry across the globe. This organic product is used to produce different types of chemicals that are used in various end user industries. There is high scope for the Southeast Asia Propylene Market due to rise in production quantity through 2020.
Scope of the Southeast Asia Propylene Market:
According to the IndustryARC research analysis studies on…
