The Propylene Global Market Report 2023, provides comprehensive information on the propylene market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Propylene Market’s Growth:
https://www.thebusinessresearchcompany.com/report/propylene-global-market-report
As per The Business Research Company’s Propylene Global Market Report 2023, the market size is expected to grow from $104.04 billion in 2022 to $107.4 billion in 2023 at a compound annual growth rate (CAGR) of 3.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global propylene is expected to grow to $121.74 billion in 2027 at a CAGR of 3.2%.
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The propylene market is segmented:
1) By Derivatives: Polypropylene, Propylene oxide, Cumene, Acrylonitrile, Acrylic acid & Acrylates, Alcohols, Other Derivatives
2) By Application: Organic Chemical Raw Materials, Synthetic Resins, Fine Chemicals, Other Applications
3) By End User Industry: Automotive, Construction, Packaging, Textile, Other End-Use Industries
Asia-Pacific was the largest region in the propylene market in 2022.
The table of contents in TBRC’s propylene market report includes:
- Executive Summary
- Propylene Market Characteristics
- Propylene Market – Macro Economic Scenario
- Propylene Market Size And Growth
- Propylene Market Segmentation
- Propylene Market Regional And Country Analysis
- Asia-Pacific Propylene Market
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- Key Mergers And Acquisitions In The Propylene Market
- Propylene Market Trends And Strategies
- Propylene Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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