Propylene Industry Installed Capacity and Capital Expenditure Forecast by Region and All Active and Planned Projects to 2027
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Propylene Industry Installed Capacity and Capital Expenditure Market Report Overview
The global Propylene capacity and capital capacity was 150.05 mtpa in 2022 and is expected to grow at an AAGR of more than 6% by 2027. In 2022, China, US, South Korea, Saudi Arabia, and India were the key countries in the world accounting for more than 65% of the total Propylene capacity.
Propylene Industry Installed Capacity and CapEx Market Outlook 2022-2027 (mtpa)
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The Propylene industry installed capacity and CapEx report covers detailed analysis on all active and upcoming (planned and announced) plants by region and country for the period 2017-2027. It provides global and regional capital expenditure outlook forecasts up to 2027. Furthermore, the report gives a comparative analysis of key countries based on their contribution to global as well as regional propylene capacities.
Market Size, 2022 (mtpa) | 150.05 mtpa |
AAGR (2022-2027) | >6% |
Key Regions | · Asia
· North America · Europe · South America · Former Soviet Union · Middle East · Africa |
Top Planned and Announced Projects | · Shandong Yulong Petrochemical Longkou Propylene Plant 1
· Reliance Industries Jamnagar Propylene Plant 3 · Fujian Eversun New Material Putian Propylene plant 2 · Oriental Energy Maoming Propylene Plant 3 · Oriental Energy Maoming Propylene Plant 4 |
Key Companies | · LyondellBasell Industries NV
· Saudi Arabian Oil Co · Formosa Plastics Group · Shell plc · China Petrochemical Corp |
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Propylene Industry Installed Capacity and CapEx by Regions
The key regions in the global Propylene industry installed capacity and CapEx are Asia, North America, Europe, South America, the Former Soviet Union, the Middle East, and Africa. Among regions, Asia led the global Propylene capacity and capital market in 2022 and is expected to continue doing so during the forecast period.
In 2022, the capacity contribution of Asia was the highest, of which China accounted for more than 53% share. North America was the second highest. Within North America, the US was the major contributor.
Propylene Industry Installed Capacity and CapEx Market Analysis by Regions, 2022 (%)
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Propylene Market Major Planned and Announced Projects
The major planned and announced projects in the propylene market are Shandong Yulong Petrochemical Longkou Propylene Plant 1, Reliance Industries Jamnagar Propylene Plant 3, Fujian Eversun New Material Putian Propylene Plant 2, Oriental Energy Maoming Propylene Plant 3, and Oriental Energy Maoming Propylene Plant 4 among others. In 2022, the Shandong Yulong Petrochemical Longkou Propylene Plant 1 had the highest valuation.
Propylene Industry Installed Capacity and CapEx Analysis by Planned and Announced Projects 2022 (%)
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Propylene Capacity and Capital Expenditure Market – Competitive Landscape
The key companies in the Propylene industry installed capacity and CapEx are LyondellBasell Industries NV, Saudi Arabian Oil Co, Formosa Plastics Group, Shell plc, and China Petrochemical Corp among others. LyondellBasell Industries NV led the industry with the highest share in 2022.
Propylene Industry Installed Capacity and CapEx By Companies, 2022 (%)
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Propylene Capacity and Capital Expenditure Market Regional Outlook (mtpa, 2022-2027)
- Asia
- North America
- Europe
- South America
- Former Soviet Union
- Middle East
- Africa
Scope
The report provides
- Global Propylene capacity outlook by region.
- Global Propylene outlook by country.
- Propylene planned and announced projects details.
- Capacity share of the major Propylene producers globally.
- Global Propylene capital expenditure outlook by region.
- Global Propylene capital expenditure outlook by country.
Reasons to Buy
- Obtain the most up-to-date information available on all active, planned, and announced Propylene plants globally
- Identify opportunities in the global Propylene industry with the help of upcoming projects and capital expenditure outlook
- Facilitate decision-making on the basis of strong historical and forecast of Propylene capacity data
Shandong Yulong Petrochemical Ltd
Fujian Eversun New Material Co Ltd
China National Petroleum Corp
Reliance Industries Ltd
The National Petrochemical Co
LyondellBasell Industries NV
Dow Chemical Co
Exxon Mobil Corp
Formosa Plastics Group
Table of Contents
Table
Figures
Frequently asked questions
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What was the Propylene industry installed capacity and CapEx in 2022?
The Propylene industry installed capacity and CapEx was 150.05 mtpa in 2022.
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What is the Propylene industry installed capacity and CapEx growth?
The Propylene industry installed capacity and CapEx is expected to grow at an AAGR of more than 6% by 2027.
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The Propylene industry installed capacity and CapEx is expected to grow at an AAGR of more than 6% by 2027.
Asia led the Propylene industry installed capacity and CapEx in 2022.
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Which are the key companies in the Propylene industry installed capacity and CapEx?
The key companies in the Propylene industry installed capacity and CapEx are LyondellBasell Industries NV, Saudi Arabian Oil Co, Formosa Plastics Group, Shell plc, and China Petrochemical Corp among others.
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