PROPYLENE market analysis report has been prepared based on detailed market analysis with inputs from industry experts. This market survey provides key information about the MATERIALS & PACKAGING industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. Analysis and interpretation of market research data performed in this industry analysis report is used to build report which contains information and knowledge that can be used to predict future events, future products, marketing strategy, actions or behaviours. Global PROPYLENE market document covers strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
The study and estimations of the wide ranging PROPYLENE market report helps to figure out types of consumers, their views about the product, their buying intentions and their ideas for the step up of a product. The report gives an absolute background analysis of the industry which includes an assessment of the parental market. This market report also puts light on historic data, present market trends, future products environment, marketing strategies, technological innovation, upcoming technologies, emerging opportunities, and the technical progress in the related industry. CAGR levels for the market with respect to its rise or fall are estimated in the report for the forecast period of 2022 to 2029.
Data Bridge Market Research analyses that the propylene market was valued at USD 96.47 billion in 2021 and is expected to reach USD 135.21 billion by 2029, registering a CAGR of 4.31 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
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Driver:
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.
Some key players mentioned in the report are:
Dow (US), LyondellBasell Industries Holdings B.V. (Netherlands), BASF SE (Germany), ADM (US), Global Bio-chem Technology Group Company Limited. (China), DuPont Tate & Lyle Bio Products (US), SKC Inc (South Korea), Temix Oleo (Italy), INEOS Oxide (Switzerland), Huntsman International L.l..C (U.S.), ADEKA CORPORATION (Japan), Chaoyang Chemicals, Inc. (U.S.), Manali Petrochemicals Limited (India), Haike Chemical Group Co., Ltd. (China), Arch Chemicals Inc, (US), Repsol (Spain), Midland Company (US), Helm AG (Germany), Shell Plc (UK)
Key Insights that Study is going to provide:
- The 360-degree Propylene overview based on a global and regional level
- Market Share & Sales Revenue by Key Players & Emerging Regional Players
- A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
- May vary depending upon availability and feasibility of data with respect to Industry targeted
- Patent Analysis** No of patents / Trademark filed in recent years.
- A complete and useful guide for new market aspirants
- Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
- Various Propylene industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
The countries covered in the Global 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.
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Key leading countries
Vendor Landscape
Vendor Analysis
Appendix
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