Tuesday 20 December 2016

During the Period 2016-2020, Global Propylene Market to Grow at a CAGR of 5.65%

Researchmoz added Most up-to-date research on "Global Propylene Market 2016-2020" to its huge collection of research reports.

About Propylene

Propylene is produced through traditional processes like steam cracking and fluid catalytic cracking (FCC). It is obtained as a byproduct of the steam cracking process of natural gas liquids and naphtha that is used for the production ethylene and from gasoline-producing refinery through the FCC process. Propylene and its derivatives are used in industries such as construction, automotive, furniture, decorative molding, and others.

Technavios analysts forecast the global propylene market to grow at a CAGR of 5.65% during the period 2016-2020.

Covered :
The report covers the present scenario and the growth prospects of the global propylene market for 2016-2020. To calculate the market size, the report considers the sales volume of downstream propylene derivatives like polypropylene, propylene oxide, acrylonitrile, cumene, acrylic acid, and others.

Segments based on geography:
APAC
Europe
North America
ROW

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=840982

Technavio's report, Global Propylene Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BASF
Dow Chemical
ExxonMobil Chemical
INEOS
LyondellBasell Industries

Other prominent vendors
DuPont
Sumitomo Chemical
Saudi Basic Industries
Chevron Phillips Chemical

Key driver
Increase in demand for polyurethane
For a full, detailed list, view our report

Key challenge
Environmental concerns regarding production of propylene
For a full, detailed list, view our report

Key trend
Growing preference for sustainable products
For a full, detailed list, view our report

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