Propylene Capacity and Capital Expenditure Outlook by Region, Countries, Companies, Feedstock, Projects and Forecast to 2030
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Propylene Capacity & CapEx Overview
Global propylene capacity was valued at 150.30 million tonnes per annum (mtpa) in 2022 and is poised to witness considerable growth of more than 46% from 2022 to 2030. Around 175 planned and announced plants are slated to come online by 2030, primarily in Asia and the Middle East with China and Iran being the top producers of Propylene globally.
Propylene Capacity and CapEx Outlook, 2022-2030 (mtpa)
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The propylene capacity and capital expenditure outlook provides updated information on all active, planned, and announced propylene projects globally with access to CAPEX spending data for capacity addition. The report will help you in decision-making based on strong historical and forecast of propylene capacity data.
Market Capacity 2022 | 150.30 Mtpa |
Growth Rate (2022-2030) | >46% |
Key Regions | · Asia
· FSU · North America · Europe · Middle East · Africa · South America · Oceania |
Key Countries | · China
· The US · South Korea · Saudi Arabia · India · Japan · Germany · Taiwan · Thailand · Russia |
Leading Companies | · LyondellBasell Industries NV
· Saudi Basic Industries Corp · Shell plc · Formosa Plastics Group · China Petrochemical Corp · Exxon Mobil Corp · Dow Chemical Co |
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Propylene Capacity Contribution by Region
The key propylene capacity contributors include Asia, the Former Soviet Union (FSU), North America, Europe, the Middle East, Africa, South America, and Oceania. Among regions, Asia leads the global propylene market with the largest capacity contribution globally over the next eight years, followed by North America and FSU.
Propylene Market Analysis, By Regions, 2022 (%)
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Propylene Capacity Contribution by Countries
Among the key countries, China led with the largest capacity contribution globally in 2022.
The key countries with active global capacity contributions to the propylene market include China, the US, South Korea, Saudi Arabia, India, Japan, Germany, Taiwan, Thailand, and Russia. China accounted for more than 35% share in 2022 with the main capacity contribution from two plants, Jinneng Science & Technology Company Qingdao Propylene Plant 1, and Jinneng Science & Technology Company Qingdao Propylene Plant 2.
Propylene Market Analysis, By Countries, 2022 (%)
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Competitive Landscape - Propylene Market
LyondellBasell Industries NV had the largest capacity in 2022.
The key companies in the global propylene market are:
- LyondellBasell Industries NV
- Saudi Basic Industries Corp
- Shell plc
- Formosa Plastics Group
- China Petrochemical Corp
- Exxon Mobil Corp
- Dow Chemical Co
The main capacity contribution was from the plant, ‘LyondellBasell Industries Channelview Propylene Plant 2.
Propylene Market Analysis, By Companies, 2022 (%)
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Propylene Capacity Contribution Regional Outlook (Capacity, mtpa, 2022-2030)
- Asia
- FSU
- North America
- Europe
- Middle East
- Africa
- South America
- Oceania
Propylene Capacity Contribution Country Outlook (Capacity, mtpa, 2022-2030)
- China
- US
- South Korea
- Saudi Arabia
- India
- Japan
- Germany
- Taiwan
- Thailand
- Russia
Scope
The report provides
- Global propylene capacity outlook by region
- Global propylene outlook by country
- Propylene planned and announced project 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
- Understand key trends in the global Propylene industry
- Identify opportunities in the global Propylene industry with the help of upcoming plants and capital expenditure outlook
- Understand the current and future competitive scenario
Shandong Yulong Petrochemical Ltd
PRefChem
Haldia Petrochemicals Ltd
Reliance O2C Ltd
Donghua Energy (Maoming) Co Ltd
Zhenhua Petrochemical Co Ltd
Tahrir Petrochemicals Corp SAE
Fujian Meide Petrochemical Co Ltd
Jinneng Science and Technology Co Ltd
Kaijin Blue Sky Energy (Zhejiang) Co Ltd
Advanced Petrochemical Co
Advanced Polyolefins Co
Exxon Mobil (Huizhou) Chemical Co Ltd
Anchorage Investments Ltd
Borealis Kallo NV
Dangote Industries Ltd
Engro Corp Ltd
Enterprise Products Partners LP
INEOS Olefins & Polymers Europe
Guangxi Huayi New Materials Co Ltd
Oriental Energy Co Ltd
Jiangsu Sailboat Petrochemical Co Ltd
Zibo Qixiangtengda Chemical Co Ltd
Fujian Meide Petrochemical Co Ltd
Kuwait Integrated Petroleum Industries Co
Indian Oil Corp Ltd
Shandong Binhua New Material Co Ltd
Dangote Industries Ltd
Dongguan Grand Resource Science & Technology Co Ltd
Formosa Plastics Corp USA
Quanzhou Guoheng Chemical Co Ltd
Hainan Huasheng New Material Technology Co Ltd
Hebei Xinhua Petrochemical Co Ltd
Hyosung Vina Chemicals Co Ltd
Table of Contents
Table
Figures
Frequently asked questions
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What was the global propylene capacity in 2022?
The global propylene capacity was 150.30 mtpa in 2022.
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What is the global propylene capacity estimated growth?
The global propylene capacity is expected to grow by more than 46% from 2022 to 2030.
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Which region had the highest Propylene capacity contribution in 2022?
Among regions, Asia leads with the largest capacity contribution globally over the next eight years.
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Which country had the highest share in the Propylene capacity and capital expenditure market in 2022?
Among the key countries, China led with the largest capacity contribution globally in 2022,
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Which are the leading companies in the global propylene market?
The leading companies in the global propylene market are LyondellBasell Industries NV, Saudi Basic Industries Corp, Shell plc, Formosa Plastics Group, China Petrochemical Corp, Exxon Mobil Corp, and Dow Chemical Co.
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