Propylene 2010 World Market Outlook and Forecast Been Recently Added by MarketPublishers.com02 Mar 2010 • by Natalie Aster
LONDON – Propylene demand in Europe is set to decrease this year on 2009 year's level. A catastrophic Q4 2008 and Q1 2009 forced producers to idle capacities, although most plants are running by now. Supply tightened in May 2009 due to reduced operations, a move to lighter feedstocks and improved demand, driven by good export opportunities mainly to Asia for propylene and its derivatives.
Future world trade for propylene is changing significantly, with a buildup in on-purpose propylene, as well as polypropylene (PP) capacity, mostly targeted for the export market. Over the next 5 years the Middle East will move from a net importer to the largest net exporter of propylene, with Western Europe becoming a net importer.
The primary outlet for propylene is polypropylene, which accounts over 64% of global consumption. Other important derivatives are acrylonitrile, propylene oxide, cumene and acrylic acid.
Within Chemicals & Petrochemicals Reports Package 2010, an updated market report “Propylene: 2010 World Market Outlook And Forecast” has been recently issued by Market Publishers, Ltd. The report features important aspects of Propylene market, provides its thorough analysis, focusing on the regional, country and world markets:
- General information (properties, applications, manufacturing processes);
- World market characteristics (capacities, production, consumption, prices, trade by region, future projects);
- Overviews of regional markets by country (European, Asian, American, Middle East, African, and Oceanian markets).
The market research is accomplished by a list of major propylene suppliers and profiles of leading producers.
Propylene market perspectives till 2015 are given on global and regional basis (capacities, consumption, production, prices).
Updated: Jan, 2010
The research on Propylene has been worked out by Merchant Research & Consulting, Ltd an internationally recognized market research agency, specializing in chemical industry.