TheBusinessResearchCompany published its Propylene Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global propylene market. The report covers the propylene market’s segments- automotive, construction, packaging, textile, and others.
The propylene market plays a vital role in the global petrochemical industry, providing a key building block for a wide range of products and applications. Propylene, also known as propene, is an essential olefin derived from the refining of petroleum or as a byproduct of ethylene production. This versatile compound serves as a crucial feedstock in the manufacturing of plastics, polymers, and various chemicals. This article explores the key factors ... Read more
The global Propylene Market is estimated to be valued at US$ 3.9 billion in 2021 and is expected to exhibit a CAGR of 5.9% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
Propylene is a flammable gas that is used in the production of various industrial products. It is a byproduct of petroleum refining and is commonly used in the manufacturing of plastics, fibers, and ... Read more
Propylene is a key building block for various chemical products and derivatives, including polypropylene, propylene oxide, acrylonitrile, and many others. The market for propylene is primarily driven by its wide range of applications in industries such as automotive, construction, packaging, textiles, and healthcare. The demand for propylene is expected to witness substantial growth in the coming years, fueled by the increasing consumption of polypropylene and other ... Read more
