Propylene Industry to Spend Around USD 23.89 Bn by 2020 for Forthcoming Projects, States GlobalData in Its Report Available at MarketPublishers.com01 Mar 2017 • by Natalie Aster
LONDON – The global propylene capacity is anticipated to observe remarkable growth in the next 5 years, increasing from 111.02 MTPA as of 2015 to 133.50 MTPA by end-2020. Close to 74 planned projects are poised to come online mainly in the China and USA during the coming decade. Oriental Energy Co., Ltd., Ascend Performance Materials LLC, and Sinopec Corp. are the 3 leading companies in terms of capacity additions scheduled to come into operation in the foreseeable future.
Globally, the propylene industry is forecast to spend nearly USD 23.89 billion by 2020 for the forthcoming projects. Azerbaijan, China and Russia are the major 3 countries by CapEx for projects by end-2020.
Topical report “Q4 Global Propylene Capacity and Capital Expenditure Outlook - Asia and North America to Propel Propylene Industry Expansion” drawn up by GlobalData offers a thoughtful, granular analysis and insights on the marketplace on a global level.
The research study provides a detailed historical analysis and forecast data with respect to the global propylene capacity across key regions; includes details about propylene planned plants; covers worldwide propylene capacity based on feedstock. The report offers a detailed analysis of capacity shares of the leading manufacturers of propylene worldwide. Furthermore, the report includes exhaustive forecasts of propylene capital expenditure based on region.
Reasons to Purchase:
- Get a deep understanding of the key trends in the global propylene industry;
- Gain detailed insights into the propylene supply scenario region-wise;
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