LONDON, June 21, 2016 /PRNewswire/ -- Propylene is the second most important product of the olefin market, it is predominantly consumed in the production of plastics and in chemicals. Consumed either as Polypropylene, Acrylic acid, Acrylonitrile, Propylene oxide, cumene, oxo-alcohols and epichlorohydrin.
Polypropylene is the largest end use for propylene demand, accounting for the majority of its consumption growth. It competes with polyethylene in the films and packaging and competes with other polymers. It is a commodity polymer used in a wide range of end use segments, including packaging, films and in agriculture, construction and automotive applications.
The demand growth of propylene has been outpacing supplies from steam cracking and refinery sources. Propylene pricing has traditionally been lower than ethylene though the situation has become less stable recently, the main driver being US producers switching to lighter feeds. This report analyses the influence of the increasingly lighter feedstocks influence on propylene production. The majority of capacity developments is due to on purpose production particularly methanol to olefins and propane dehydrogenation technology.
This report provides intelligence and analysis on Propylene supply sources, demand drivers and trade. The report includes a 5 year history and 10 year forecast for all major producing regions listed below with new capacity additions documented. This report provides intelligence and analysis on Propylene supply sources, demand drivers and trade. The report includes demand of propylene into its end use applications such as polypropylene, acrylic acid, propylene oxide, etc., making use of intelligence within Petrochemical Reporters data base to obtain a detailed analysis of demand based on derivative consumption. An overview of each of the commercial technologies mentioned will be included in the appendix along with a detailed methodology.
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