Mercado mundial de propileno: tendencias de la industria y pronóstico hasta 2029

Análisis y tamaño del mercado

El propileno es el segundo producto de partida más esencial en el sector petroquímico después del etileno. El propileno es un subproducto del procesamiento de refinación de gas natural y petróleo. El propileno pertenece al grupo de los alquenos y en esta estructura química presenta tres átomos de carbono con doble enlace. Es la materia prima para una amplia variedad de productos. El polipropileno, que es el polímero del propileno, consume casi dos tercios de la producción mundial. Los usuarios finales del propileno incluyen envases, películas, fibras, contenedores y tapas y cierres. El propileno también se utiliza para la producción de productos químicos importantes como el cumeno, el óxido de propileno, el acrilonitrilo , el butiraldehído y el ácido acrílico.

Data Bridge Market Research analiza que el mercado de propileno se valoró en USD 96,47 mil millones en 2021 y se espera que alcance los USD 135,21 mil millones para 2029, registrando una CAGR del 4,31% durante el período de pronóstico de 2022 a 2029. Además de los conocimientos del mercado, como el valor de mercado, la tasa de crecimiento, los segmentos del mercado, la cobertura geográfica, los actores del mercado y el escenario del mercado, el informe de mercado curado por el equipo de Data Bridge Market Research incluye un análisis experto en profundidad, análisis de importación / exportación, análisis de precios, análisis de consumo de producción, análisis de patentes y avances tecnológicos.

Alcance del informe y segmentación del mercado

Market Definition

Propylene is an organic compound which is present in the form of gas and it has no colour. It is a hydrocarbon, flammable and is frequently used as fuel. Most of the propylene is extracted during the process of petroleum refining. Propylene molecular weight is 42.08 g/mol and its molecular formula C3H6 and its. Propylene is also called propene which has obtained from petroleum; large amount of propylene are used in the manufacture of elastomers, resins and fibres and many other chemical products.

Propylene Market Dynamics

Drivers

• Rise the demand of their derivatives

Acrylonitrile is the derivative of propylene which is used in polymers and elastomeric fiber. Acrylonitrile are used in sweaters, socks and sportswear and home furnishings which contributes their maximum share in the market. Acrylonitrile also used in medical equipment such as valves, mechanical seals, and pumps due to the global coronavirus epidemic growing the demand for medical equipment which increase the demand of acrylonitrile as well increase the demand of propylene in the market.

• Rise the demand in automobile sector

The demand of propylene is rapidly increase in the in the automobile industry which are expected to drive the growth of propylene market during the forecast period. Polypropylene is a polymer of propylene which is produced from the monomer of propylene and this monomer is used in the automobile industry. Due to the Large-scale production of automobiles increase the demand for polypropylene products which are used in the manufacturing of bumpers, interior trim, instrumental panels, battery cases and trays, fender liners, door trims, and other machineries. 

Opportunities

Petrochemical companies are now adopting on-purpose propylene production technologies to increase the quantity of propylene as a sole product in the market but not as an alternate or co-product. On-purpose propylene technology is a modified version of the traditional fluid catalytic cracking unit which upsurges the propylene yield to 20% or more than this output. The traditional sources for propylene include oil refineries and steam crackers yield less propylene as a derivative. To meet the augmented demand for propylene the petrochemical companies are investing to grow on-purpose technologies to maintain the shortfall of propylene production. These factors will create the opportunities and boost the growth rate of the propylene market.

Restraints/ Challenges

Stringent safety guidelines which has associated with the transportation and manufacturing of propylene were a major restraint on the propylene market. Propylene is toxic, highly inflammable, and hazardous when it exposed to extreme pressure and temperatures. Propylene dealers should invest in processes, equipment and technologies to limit the toxic levels and chemical levels. These regulations increased the manufacturing costs in the propylene industry, therefore regulating scope for investments relating to the expansion of product and launch of new products and into new markets, thereby affecting the growth of the market.

This propylene market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the propylene market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Propylene Market

The outbreak of COVID-19 pandemic globally is also acting as an opportunity for the growth of the propylene industry because of growing demand for N95 masks but the limited supply of propylene due to inadequate employees and logistics issues affect the growth of the market. Large number of number of companies are developing a mask, which is commonly reusable and which increase the demand of propylene. Moreover, the outbreak of coronavirus associated lockdown which has imposed on several countries have resulted in reinforce the market for self-driving delivery vehicle. Furthermore high demand for propylene due to continuous expansion of the packaging sector increase the demand of propylene in the market.

Recent Development

• In February 2022, Braskem which is one of the major polyolefins manufacturers company, as well as also a market leader of biopolymers has declared the enlargement of its circular polymer portfolio and include two new polypropylene (PP) grades with post-consumer recycled (PCR) content. Braskem's new PCR polypropylene grades would be used in a extensive array of U.S based Food and Drug Administration (FDA) food contact applications where polypropylene is used today, like in housewares, caps and closures, consumer packaging, and others.
• In January 2022: INVISTA is a Koch company and this company is associate eith Flint Hills Resources which has attained the Flint Hills Resources propylene business efficiently from Jan. 1, 2022. This includes the chemical facilities in Texas, Longview and Houston, along with the employees support. The possession of the pipelines which deliver these facilities also moved their business to INVISTA but will continue to be worked by Flint Hills Resources under an agreement.

Global Propylene Market Scope

The propylene market is segmented on the basis of derivatives, types, production process technology, industrial vertical and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Derivatives

• Polypropylene
• Propylene oxide
• Cumene
• Acrylonitrile
• Acrylic acid and Acrylates
• Alcohols
• Others

 Types

• Purity 99%
• Purity 99.5%
• Others

 Production Process Technology

• Steam Cracking
• Refinery
• On- Purpose

Industrial Vertical

• Automotive
• Construction
• Packaging
• Textile
• Others

Application

• Organic Chemical Raw Materials
• Synthetic Resins
• Fine Chemicals
• Other

Propylene Market Regional Analysis/Insights

The propylene market is analysed and market size insights and trends are provided by country, derivatives, types, production process technology, industrial vertical and application as referenced above.

The countries covered in the propylene market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the propylene market in terms of revenue during the forecast period. This is due to the increasing demand for propylene in this region. The Asia-Pacific region leads the propylene market due to the high production and rapid pace of shale gas production in this region.

Se anticipa que durante el período proyectado, América del Norte será la región con mayor desarrollo, con una alta producción y consumo de productos de propileno en esta región.

La sección de países del informe también proporciona factores de impacto de mercado individuales y cambios en la regulación del mercado que afectan las tendencias actuales y futuras del mercado. Los puntos de datos como el análisis de la cadena de valor ascendente y descendente, las tendencias técnicas y el análisis de las cinco fuerzas de Porter, los estudios de casos son algunos de los indicadores utilizados para pronosticar el escenario del mercado para países individuales. Además, la presencia y disponibilidad de marcas globales y sus desafíos enfrentados debido a la competencia grande o escasa de las marcas locales y nacionales, el impacto de los aranceles nacionales y las rutas comerciales se consideran al proporcionar un análisis de pronóstico de los datos del país.

Análisis del panorama competitivo y de la cuota de mercado del propileno

El panorama competitivo del mercado del propileno ofrece información detallada por competidor. Los detalles incluidos son una descripción general de la empresa, las finanzas de la empresa, los ingresos generados, el potencial de mercado, la inversión en investigación y desarrollo, las nuevas iniciativas de mercado, la presencia global, los sitios e instalaciones de producción, las capacidades de producción, las fortalezas y debilidades de la empresa, el lanzamiento de productos, la amplitud y variedad de productos y el dominio de las aplicaciones. Los puntos de datos anteriores proporcionados solo están relacionados con el enfoque de las empresas en relación con el mercado del propileno.

Algunos de los principales actores que operan en el mercado de propileno son:

• Dow (Estados Unidos)
• LyondellBasell Industries Holdings BV (Países Bajos)
• BASF SE (Alemania)
• ADM (Estados Unidos)
• Grupo de tecnología bioquímica global, empresa limitada (China)
• Productos biológicos DuPont Tate & Lyle (EE. UU.)
• SKC Inc (Corea del Sur)
• Temix Oleo (Italia)
• Óxido de INEOS (Suiza)
• Huntsman International Ll.C (Estados Unidos)
• CORPORACIÓN ADEKA (Japón)
• Chaoyang Chemicals, Inc. (Estados Unidos)
• Petroquímica Manali Limitada (India)
• Grupo químico Haike Co., Ltd. (China)
• Arch Chemicals Inc., (Estados Unidos)
• Repsol (España)
• Compañía Midland (Estados Unidos)
• Helm AG (Alemania)
• Shell Plc (Reino Unido)

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