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)

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 (%)

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 (%)

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 (%)

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

  • 1. Key Information and Background

    • 1.1. Introduction
    • 1.2. Executive Summary

  • 2. Market Insights

    • 2.1. Industry Market Trends
    • 2.2. Industry Major Sponsorship Markets

  • 3. Sector Analysis

    • 3.1. Sector Summary
    • 3.2. Sport Breakdown
    • 3.3. Product Category Breakdown
    • 3.4. Market Analysis
    • 3.5. Biggest Deals
    • 3.6. Expiring Deals

  • 4. Case Study

    • 4.1. NRL – Asahi Case Study

  • 5. Brand Analysis

    • 5.1. Brand Summary
    • 5.2. Brand Location Analysis
    • 5.3. Most Active Brands
    • 5.4. Biggest Spenders
    • 5.5. Key Brands Analysis

  • 6. Appendix

Table

Table 1: Propylene Industry, Global, Capacity by Key Countries (mtpa), 2022–2030 10

Table 2: Active and planned Propylene capacity by region (mtpa), 2023 12

Table 3: Propylene capacity share of top 10 companies (%), 2022 14

Table 4: Active Propylene capacity of top 10 countries (mtpa), 2022 16

Table 5: Global Propylene capacity share by feedstock (%) 17

Table 6: Total Propylene feedstock by region (mtpa) 18

Table 7: Propylene Industry, global, planned and announced capacity additions by region (mtpa), 2030 19

Table 8: Planned and announced capacity additions by top 10 countries (mtpa), 2030 21

Table 9: Planned and announced capacity additions by top 10 companies (mtpa), 2030 23

Table 10: Total Capex Spending on Planned and Announced Projects by Region ($B), 2023–2030 24

Table 11: Total capex spending on planned and announced plants by top 10 countries ($ B), 2023-2030 26

Table 12: Global, top 50 planned and announced Propylene plant details, 2023-2030 27

Figures

Figure 1: Propylene Industry, Global, Capacity by Region (mtpa), 2022–2030 9

Figure 2: Active, planned, and announced Propylene capacity by region (mtpa), 2023 11

Figure 3: Propylene capacity share of top 10 companies (%), 2022 13

Figure 4: Active Propylene capacity of top 10 countries (mtpa), 2022 15

Figure 5: Global Propylene capacity share by feedstock (%) 17

Figure 6: Total Propylene feedstock by region (mtpa) 18

Figure 7: Propylene Industry, global, planned and announced capacity additions by region (mtpa), 2030 19

Figure 8: Planned and announced capacity additions by top 10 countries (mtpa), 2030 20

Figure 9: Planned and announced capacity additions by top 10 companies (mtpa), 2030 22

Figure 10: Total capex spending on planned and announced plants by region ($B), 2023-2030 24

Figure 11 : Total capex spending on planned and announced plants by top 10 countries ($ B), 2023-2030 25

Frequently asked questions

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