Propylene is second most essential starting product in the petrochemical sector after ethylene. Propylene is a by-product of natural gas and oil refining processing. Propylene belongs to the alkene group and in this chemical structure present three double bonded carbon atoms. It is the raw material for an extensive variety of products. Polypropylene which is the polymer of propylene are consume nearly two thirds of global production. Propylene end user include packaging, films, fibers, containers, and caps and closures. Propylene is also used for the production of important chemicals like cumene, propylene oxide, acrylonitrile, butyraldehyde, and acrylic acid.
Frequently Asked Questions
The market is segmented based on Segmentation, By 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)– Industry Trends and Forecast to 2032.
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The Global Propylene Market size was valued at USD 109.49 USD Billion in 2024.
The Global Propylene Market is projected to grow at a CAGR of 4.31% during the forecast period of 2025 to 2032.
The major players operating in the market include Dow, LyondellBasell Industries Holdings B.V., BASF SE, ADM, Global Biochem Technology Group Company Limited, DuPont Tate & Lyle Bio Products, SKC , Temix Oleo, INEOS Oxide, Huntsman International L.l..C, ADEKA CORPORATION, Chaoyang Chemicals , Manali Petrochemicals Limited, Haike Chemical Group Co. , Arch Chemicals , Repsol, Midland Company, Helm AG, Shell Plc.
The market report covers data from the 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.
