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Global Propylene Market By Application, By Region, Competit ion
Forecast & Opportunities , 2011 - 2025
M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
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T a b l e o f C o n t e n t s
S No. Contents
1. Product Overview
2. Research Methodology
3. Analyst View
4. Global Propylene Market Overview
4.1. Installed Capacity & Actual Production
4.2. Production Share - By Process
5. Global Propylene Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1.By Application (Cumene, Acrylic Acid, Acrylonitrile, Propylene Oxide, Polypropylene & Others)
5.2.2. By Region
5.2.3. By Company
5.3. Global Market Attractiveness Index & BPS Analysis
6. Global Propylene Market Regional Analysis
6.1. Asia-Pacific Propylene Market Outlook
6.1.1. Market Size & Forecast
6.1.1.1. By Value & Volume
6.1.2. Market Share & Forecast
6.1.2.1. By Application
6.1.2.2. By Country
6.1.2.2.1. China Propylene Market Outlook
6.1.2.2.2. Japan Propylene Market Outlook
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6.1.2.2.3. India Propylene Market Outlook
6.1.2.2.4. South Korea Propylene Market Outlook
6.1.2.2.5. Thailand Propylene Market Outlook
6.1.3. Asia-Pacific Market Attractiveness Index
6.2. Europe Propylene Market Outlook
6.2.1. Market Size & Forecast
6.2.1.1. By Value & Volume
6.2.2. Market Share & Forecast
6.2.2.1. By Application
6.2.2.2. By Country
6.2.2.2.1. Germany Propylene Market Outlook
6.2.2.2.2. France Propylene Market Outlook
6.2.2.2.3. Italy Propylene Market Outlook
6.2.2.2.4. United Kingdom Propylene Market Outlook
6.2.2.2.5. Spain Propylene Market Outlook
6.2.3. Asia-Pacific Market Attractiveness Index
6.3. North America Propylene Market Outlook
6.3.1. Market Size & Forecast
6.3.1.1. By Value & Volume
6.3.2. Market Share & Forecast
6.3.2.1. By Application
6.3.2.2. By Country
6.3.2.2.1. United States Propylene Market Outlook
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6.3.2.2.2. Canada Propylene Market Outlook
6.3.2.2.3. Mexico Propylene Market Outlook
6.3.3. North America Market Attractiveness Index
6.4. Middle East & Africa Propylene Market Outlook
6.4.1. Market Size & Forecast
6.4.1.1. By Value & Volume
6.4.2. Market Share & Forecast
6.4.2.1. By Application
6.4.2.2. By Country
6.4.2.2.1. Saudi Arabia Propylene Market Outlook
6.4.2.2.2. United Arab Emirates Propylene Market Outlook
6.4.2.2.3. Iran Propylene Market Outlook
6.4.2.2.4. South Africa Propylene Market Outlook
6.4.3. Middle East & Africa Market Attractiveness Index
6.5. South America Propylene Market Outlook
6.5.1. Market Size & Forecast
6.5.1.1. By Value & Volume
6.5.2. Market Share & Forecast
6.5.2.1. By Application
6.5.2.2. By Country
6.5.2.2.1. Brazil Propylene Market Outlook
6.5.2.2.2. Colombia Propylene Market Outlook
6.5.2.2.3. Argentina Propylene Market Outlook
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6.5.3. South America Market Attractiveness Index
7. Price Analysis
8. Market Dynamics
8.1. Drivers
8.2. Challenges
9. Market Trends & Developments
9.1. Increasing Demand for Refrigerant Grade Propylene
9.2. Rising Use of Green Propylene
9.3. Increasing Need for Advanced Propylene Derivatives
9.4. Growing Focus on Innovative Technology Developments
9.5. Upcoming Propylene Production Plants
9.6. Increasing Emphasis on On-Purpose Production Technologies
9.7. Advancements in Production Process
9.8. Growing Propylene Derivative Trading
10. Competitive Landscape
10.1. China Petroleum & Chemical Corporation (Sinopec Corp.)
10.2. China National Petroleum Corporation(CNPC)
10.3. ExxonMobil Corporation
10.4. LyondellBasell Industries N.V.
10.5. Royal Dutch Shell PLC
10.6. The Dow Chemical Company
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10.7. Saudi Arabia Basic Industries Corporation (SABIC)
10.8. BASF SE
10.9. BP Plc
10.10. INEOS Group
11. Strategic Recommendations
12. About Us & Disclaimer
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© TechSci Research
Propylene, synonymous with propene
or methylated ethylene is a colorless,
flammable and gaseous hydrocarbon
with chemical formula C3H6. It has one
double bond and is the second
simplest member of the alkene class of
hydrocarbons. Propylene can be
obtained from petroleum by means of
naphtha cracking, natural gas, coal
and petroleum coke.
P r o d u c t O v e r v i e w
Propylene
By Application By Region By Company
Propylene Propylene Oxide Acrylonitrile Acrylic Acid CumeneOthers include Oxo-
alcohols, PPG, IPA, etc.
Asia-Pacific EuropeNorth AmericaMiddle East & Africa South America
Global Propylene Market Taxonomy
Sinopec CNPC ExxonMobil LyondellBasellRoyal Dutch ShellDow SABIC
Table 1: Ultimate Yields of Steam Crackers with Various Feedstocks (Kg of Product per Ton of Feedstock)
Propylene is used in production of variety of chemical products including resins, fibers, etc. Propylene is the
second most important building block of the petrochemical industry, after ethylene.
High Value Chemical Naphtha Gas Oil Ethane Propane Butane
Propylene XXX XXX XXX XXX XXX
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P r o d u c t O v e r v i e w
Major Applications of Propylene
Polypropylene Moldings, tape, foam, fibers, films
Acrylonitrile Acrylic fibers, ABS polymers
Propylene Oxide Propylene glycol, polyurethane
Oxo-alcohols Coatings, plasticizers
Cumene Polycarbonates, phenolic resins
Acrylic Acid Coatings, adhesives
Propylene is an important raw material used in the production of various organic chemicals and has virtually no
direct use. Commercially, propylene is traded in three grades - Polymer Grade (PG), Chemical Grade (CG), and
Refinery Grade (RG).
Polymer Grade (PG) is the finest grade of propylene and has a minimum purity of X% and miniscule impurities
such as carbon sulfide. This grade is majorly used in manufacturing polypropylene and propylene oxide.
Chemical Grade (CG), in terms of purity ranges between X% and is extensively used for most chemical derivatives
such as oxo-alcohols, acrylonitrile, etc.
The third type of propylene available is known as
Refinery Grade (RG), with X% of purity and is obtained
from refinery processes. The major use of refinery
grade propylene is in Liquefied Petroleum Gas (LPG) for
thermal use or as an octane-enhancing component in
motor gasoline. RG propylene is also used in chemical
synthesis such as cumene or isopropanol. However, one
of the most important end uses of RG propylene is its
conversion to PG or CG propylene.
Source: TechSci Research
Table 2: Applications of Propylene
R e s e a r c h M e t h o d o l o g y
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Baseline Methodology :
For the study of the global propylene market, TechSci Research has gathered information through primary
research with respondents in propylene manufacturing companies across the globe, followed by external validation
of the information by interviewing distributors. Our team of analysts has then discretely examined all collected
information and presented the same in chronological order to depict a meaningful and clear picture of the global
propylene market. While compiling the data, we have also cross checked all collected information from multiple
sources and data warehouses, so as to present the most accurate and precise information of the concerned
industry.
Secondary Research
Company annual reports, white papers, investor presentations and financial reports
White papers published by various organizations in the propylene industry
Technical papers published to study different applications of propylene
Primary Research
Identifying key players in
the market
Questionnaire design
In-depth interviews
Coverage across value chain
Data Analysis
Bottom-up approach for the calculation of global propylene market size
Impact analysis of drivers and challenges impacting growth of global propylene market
Historical trend examination Statistical analysis to
project growth of global propylene market
R e s e a r c h M e t h o d o l o g y
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Global
Propylene
Market
Optimistic
Likely
D1
D2
D3
Short term Medium term Long term
D1
D2
D3
Short term Medium term Long term
2016E
2017F
2018F
2019F
2020F
2021F
2022F
2023F
2024F
2025F
XX% + 4% CAGR
2016E
2017F
2018F
2019F
2020F
2021F
2022F
2023F
2024F
2025F
• Qualitative to quantitative conversion
• Assigning weightage to drivers
• Statistical evaluation• Developing the actual
forecast based on both the cases
High MediumDegree of impact
• Market indicators expected to outperform during the forecast period
• Market expected to gain traction with increasing impact of drivers
• Market indicators expected to perform at average level during the forecast period
• Market expected to slow down with decreasing impact of drivers
Forecasting Methodology
XX% CAGR
XX% + 2% CAGR
Low
Conservative
R e s e a r c h M e t h o d o l o g y
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© TechSci Research
LIKELY
OPTIMISTIC
IMPACT OF GROWTH DRIVERS
11.0%
12.0%
13.0%
14.0%
10.0%
9.0%
GROWTH FACTOR
LOW
EXP
ECTE
DH
IGH This scenario is characterized by higher
impact of economic and market growth factors on the global propylene market
This scenario is characterized bymoderate impact of economic andmarket growth factors on the globalpropylene market
In this scenario impact of economic aswell as market growth factors iscomparatively very low on the globalpropylene market
I n d u s t r y B r i e f
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Propylene Market to Grow at CAGR 6% till 2025
Rising demand for propylene and its derivatives from automotive and packaging sectors to drive global propylenemarket through 2025
According to TechSci Research report, “Global Propylene Market By Application, By Region, Competition Forecast andOpportunities, 2011 - 2025’’, global propylene market is forecast to grow at a CAGR of around 6% during 2016-2025,on account of increasing industrialization and commercialization, and growing emphasis on development of fuel-efficient cars by government. Global automobile production stood at 79.88 million in 2011 and reached 90.78 millionby 2015. Government associations across the world have laid down strict regulations regarding greenhouse gasesemissions from vehicles in order to control pollution. Additionally, increasing disposable income levels of people inBRIC nations is propelling growth in global propylene market. Some of the major propylene manufacturersincludes Sinopec, CNPC, ExxonMobil, LyondellBasell and Royal Dutch Shell.
Additionally, propylene is also witnessing huge demand from the global packaging industry on account of increasingdemand for high quality and safe packaging material from the food & beverage, chemicals and pharmaceutical sectors.Rising demand for propylene derivatives such as acrylonitrile (ACN) and acrylic acid can be attributed to increasingdemand from the paints and coatings industry. Global paints & coatings industry stood at USD122.52 billion in 2011and is forecast to reach USD168.55 billion by 2017, on account of increasing industrialization and demand for low VOCemitting, water based decorative paints from the commercial and residential buildings.
“New product developments are projected to boost growth in global propylene market during 2016-2021. Additionally,increasing awareness about environment protection and stringent government regulations has led to the launch ofnew refrigerant grade propylene, that serves as an excellent alternative against harmful fluorocarbon refrigerants orsynthetic refrigerants. Some other companies are also focusing on production of bio-based propylene, which is used asa raw material in manufacturing bio-based polypropylene and other derivatives. Development of innovative propylenederivatives is anticipated to augur well for the global propylene market in the coming years.”, said Mr. Rishi Srivastava,Research Manager with TechSci Research, a research based global management consulting firm.
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© TechSci Research
Global Propylene Market Size, By Value, 2011-2025F (USD Billion)
S a m p l e D a t a - S n a p s h o t1
00
.00
11
0.0
0
12
0.0
0
13
0.0
0
14
0.0
0
15
0.0
0
16
0.0
0
17
0.0
0
18
0.0
0
19
0.0
0
20
0.0
0
21
0.0
0
22
0.0
0
23
0.0
0
24
0.0
0
5% 5% 5% 5% 5% 6% 6% 6% 6% 6% 6% 6% 6% 6%
0.50%
1.50%
2.50%
3.50%
4.50%
5.50%
6.50%
7.50%
0
50
100
150
200
250
300
Source:XXXXXNote: These are dummy figures; please purchase our report for actual data
Europe Propylene
Market Share, By
Application, By
Volume, 2011-
2025F 2011
2012
2013
2014
2015
2016E
2017F
2018F
2019F
2020F
2021F
2022F
2023F
2024F
2025F
Polypropylene 23.23.23.23.23.23.23.23.23.23.23.23.23.23.23.
Propylene Oxide 27.27.27.27.27.27.27.27.27.27.27.27.27.27.27.
Cumene 15.15.15.15.15.15.15.15.15.15.15.15.15.15.15.
Acrylonitrile 5.05.05.05.05.05.05.05.05.05.05.05.05.05.05.0
Acrylic Acid 20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.
Others 10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00
Polypropylene
Propylene Oxide
Global Propylene Market
Attractiveness Index, By
Application, By Volume,
2015-2025F
Cumene
Acrylic acid
Acrylonitrile
Others
2011 2012 2013 2014 2015
1020
3040
50
Global Automobile Production, By
Volume, 2011-2015 (Million Units)
1020
3040
5060
70
2011 2012 2013 2014 2015 2016E 2017F
Global Paints & Coatings Industry Size, By
Value, 2011-2017F (USD Billion)
Asia-Pacific Propylene Market Size, By Value, 2011-
2025F (USD Billion)
10
0.0
0
11
0.0
0
12
0.0
0
13
0.0
0
14
0.0
0
15
0.0
0
16
0.0
0
17
0.0
0
18
0.0
0
19
0.0
0
20
0.0
0
21
0.0
0
22
0.0
0
23
0.0
0
24
0.0
0
5% 5% 5% 5% 5% 6% 6% 6% 6% 6% 6% 6% 6% 6%
0.50%
2.50%
4.50%
6.50%
8.50%
0
50
100
150
200
250
300
Global Propylene Market Share, By
Company, By Volume, 2015
Sinopec, 14.00%
CNPC, 14.00%
ExxonMobil, 14.00%
LyondellBasell, 14.00%
Royal Dutch Shell, 14.00%
SABIC, 14.00%
Others, 16.00%
Global Propylene Market Share, By
Company, By Volume, 2025F
Sinopec, 14.00%
CNPC, 14.00%
ExxonMobil, 14.00%
LyondellBasell, 14.00%
Royal Dutch Shell, 14.00%
SABIC, 14.00%
Others, 16.00%
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© TechSci Research
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About Us
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides
market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving
productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-
specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and
global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich
evaluation of the opportunities available in the market.
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Disclaimer
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
