Marché mondial du propylène – Tendances et prévisions de l’industrie jusqu’en 2029

Analyse et taille du marché

Le propylène est le deuxième produit de départ le plus essentiel dans le secteur pétrochimique après l'éthylène. Le propylène est un sous-produit du traitement du raffinage du gaz naturel et du pétrole. Le propylène appartient au groupe des alcènes et dans cette structure chimique, il présente trois atomes de carbone à double liaison. C'est la matière première d'une grande variété de produits. Le polypropylène, qui est le polymère du propylène, consomme près des deux tiers de la production mondiale. Les utilisateurs finaux du propylène comprennent les emballages, les films, les fibres, les conteneurs, les bouchons et les fermetures. Le propylène est également utilisé pour la production de produits chimiques importants comme le cumène, l'oxyde de propylène, l'acrylonitrile , le butyraldéhyde et l'acide acrylique.

Français Data Bridge Market Research analyse que le marché du propylène était évalué à 96,47 milliards USD en 2021 et devrait atteindre 135,21 milliards USD d'ici 2029, enregistrant un TCAC de 4,31 % au cours de la période de prévision de 2022 à 2029. En plus des informations sur le marché telles que la valeur du marché, le taux de croissance, les segments de marché, la couverture géographique, les acteurs du marché et le scénario du marché, le rapport de marché organisé par l'équipe de Data Bridge Market Research comprend une analyse approfondie des experts, une analyse des importations/exportations, une analyse des prix, une analyse de la consommation de production, une analyse des brevets et des avancées technologiques.

Portée du rapport et segmentation du marché

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.

Au cours de la période projetée, l’Amérique du Nord devrait être la région connaissant le développement le plus rapide, avec une production et une consommation élevées de produits à base de propylène dans cette région.

La section pays du rapport fournit également des facteurs d'impact sur les marchés individuels et des changements dans la réglementation du marché qui ont un impact sur les tendances actuelles et futures du marché. Des points de données tels que l'analyse de la chaîne de valeur en aval et en amont, les tendances techniques et l'analyse des cinq forces du porteur, les études de cas sont quelques-uns des indicateurs utilisés pour prévoir le scénario de marché pour les différents pays. En outre, la présence et la disponibilité des marques mondiales et les défis auxquels elles sont confrontées en raison de la concurrence importante ou rare des marques locales et nationales, l'impact des tarifs nationaux et les routes commerciales sont pris en compte tout en fournissant une analyse prévisionnelle des données nationales.

Analyse du paysage concurrentiel et des parts de marché du propylène

Le paysage concurrentiel du marché du propylène fournit des détails par concurrent. Les détails inclus sont la présentation de l'entreprise, les finances de l'entreprise, les revenus générés, le potentiel du marché, les investissements dans la recherche et le développement, les nouvelles initiatives du marché, la présence mondiale, les sites et installations de production, les capacités de production, les forces et les faiblesses de l'entreprise, le lancement du produit, la largeur et l'étendue du produit, la domination des applications. Les points de données ci-dessus fournis ne concernent que l'orientation des entreprises liée au marché du propylène.

Certains des principaux acteurs opérant sur le marché du propylène sont :

• Dow (États-Unis)
• LyondellBasell Industries Holdings BV (Pays-Bas)
• BASF SE (Allemagne)
• ADM (États-Unis)
• Global Bio-chem Technology Group Company Limited (Chine)
• Produits biologiques DuPont Tate & Lyle (États-Unis)
• SKC Inc (Corée du Sud)
• Temix Oleo (Italie)
• INEOS Oxide (Suisse)
• Huntsman International Ll.C (États-Unis)
• ADEKA CORPORATION (Japon)
• Chaoyang Chemicals, Inc. (États-Unis)
• Manali Petrochemicals Limited (Inde)
• Haike Chemical Group Co., Ltd. (Chine)
• Arch Chemicals Inc, (États-Unis)
• Repsol (Espagne)
• Midland Company (États-Unis)
• Helm AG (Allemagne)
• Shell Plc (Royaume-Uni)

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