© 2021 GlobeNewswire, Inc. All Rights Reserved. Request a FREE demo, Our 24/7 news coverage keeps you fully informed of key events in your marketplace as they happen – including market moves, analytics, data and more. July 2019 Global petrochemical outlook H2 2019 Contents Foreword 2 Aromatics and Polyester Chain 2 Growing Asian benzene supply as US demand remains uncertain 2 US, EU styrene markets look for direction from Asia amid weak demand 5 Global toluene market under pressure moving into H2 7 PX producers mull cutting runs on thin margins, limited PTA demand growth 8 Global MEG braces for … Included in this analysis are propylene capacities by production asset, supply/demand balances for every propylene producing and consuming country of the world, and key regional propylene market price and margin forecasts. increase propylene production in 2019, although is OK," another market source said. Nov 12, 2019, 13:35 ET NEW YORK, Nov. 12, 2019 /PRNewswire/ -- Propylene market worldwide is projected to grow by 31.4 Million Metric Tons, driven by a compounded growth of 3.8%. 1. were elevated amid some PDH issues and limited 2019, with the country importing just 132,000 mt in May, a 60% decline from January’s import volumes. Chlorine is forecast to be constrained by a lack of new investment in the near term. The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 7.1% CAGR The Propylene Oxide market in the U.S. is estimated at US$3.9 Billion in the year 2020. is expected to be a heavy turnaround season in by mid-2018, up from the 60s% in the prior Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com. Please find more information on the cookies used on our site here. The values were: liver, 3000 pmol/g DNA; kidney, 3000 … the key developments, potential growth downstream operating rates and put upward Quantzig has announced the completion of its recent article that examines the types of retail stores across the globe. shippers prepare for new the International MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Propylene Oxide Market Share (in %) by Company: 2019 & 2025 Market Analytics Table 13: United States Propylene Oxide Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 14: Propylene Oxide Historic Demand Patterns in the United States by Application in US$ Million for 2012-2019 Table 15: Propylene Oxide Market Share Breakdown in the United States by Application: 2012 VS 2020 VS 2027 CANADA Table 16: Canadian Propylene Oxide Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 17: Propylene Oxide Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 18: Canadian Propylene Oxide Market Share Analysis by Application: 2012 VS 2020 VS 2027 JAPAN Table 19: Japanese Demand Estimates and Forecasts for Propylene Oxide in US$ Million by Application: 2020 to 2027 Table 20: Japanese Propylene Oxide Market in US$ Million by Application: 2012-2019 Table 21: Propylene Oxide Market Share Shift in Japan by Application: 2012 VS 2020 VS 2027 CHINA Table 22: Chinese Demand for Propylene Oxide in US$ Million by Application: 2020 to 2027 Table 23: Propylene Oxide Market Review in China in US$ Million by Application: 2012-2019 Table 24: Chinese Propylene Oxide Market Share Breakdown by Application: 2012 VS 2020 VS 2027 EUROPE Market Facts & Figures European Propylene Oxide Market: Competitor Market Share Scenario (in %) for 2019 & 2025 Market Analytics Table 25: European Propylene Oxide Market Demand Scenario in US$ Million by Region/Country: 2020-2027 Table 26: Propylene Oxide Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019 Table 27: European Propylene Oxide Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 28: European Propylene Oxide Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 29: Propylene Oxide Market in Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 30: European Propylene Oxide Market Share Analysis by Application: 2012 VS 2020 VS 2027 FRANCE Table 31: Propylene Oxide Quantitative Demand Analysis in France in US$ Million by Application: 2020-2027 Table 32: French Propylene Oxide Historic Market Review in US$ Million by Application: 2012-2019 Table 33: French Propylene Oxide Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 GERMANY Table 34: Propylene Oxide Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 35: German Propylene Oxide Market in Retrospect in US$ Million by Application: 2012-2019 Table 36: Propylene Oxide Market Share Distribution in Germany by Application: 2012 VS 2020 VS 2027 ITALY Table 37: Italian Demand for Propylene Oxide in US$ Million by Application: 2020 to 2027 Table 38: Propylene Oxide Market Review in Italy in US$ Million by Application: 2012-2019 Table 39: Italian Propylene Oxide Market Share Breakdown by Application: 2012 VS 2020 VS 2027 UNITED KINGDOM Table 40: United Kingdom Demand Estimates and Forecasts for Propylene Oxide in US$ Million by Application: 2020 to 2027 Table 41: United Kingdom Propylene Oxide Market in US$ Million by Application: 2012-2019 Table 42: Propylene Oxide Market Share Shift in the United Kingdom by Application: 2012 VS 2020 VS 2027 SPAIN Table 43: Spanish Propylene Oxide Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 44: Propylene Oxide Market in Spain: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 45: Spanish Propylene Oxide Market Share Analysis by Application: 2012 VS 2020 VS 2027 RUSSIA Table 46: Russian Propylene Oxide Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 47: Propylene Oxide Historic Demand Patterns in Russia by Application in US$ Million for 2012-2019 Table 48: Propylene Oxide Market Share Breakdown in Russia by Application: 2012 VS 2020 VS 2027 REST OF EUROPE Table 49: Rest of Europe Propylene Oxide Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 50: Propylene Oxide Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 51: Rest of Europe Propylene Oxide Market Share Analysis by Application: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 52: Asia-Pacific Propylene Oxide Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 53: Propylene Oxide Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019 Table 54: Asia-Pacific Propylene Oxide Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 55: Propylene Oxide Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2020-2027 Table 56: Asia-Pacific Propylene Oxide Historic Market Review in US$ Million by Application: 2012-2019 Table 57: Asia-Pacific Propylene Oxide Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 AUSTRALIA Table 58: Propylene Oxide Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 59: Australian Propylene Oxide Market in Retrospect in US$ Million by Application: 2012-2019 Table 60: Propylene Oxide Market Share Distribution in Australia by Application: 2012 VS 2020 VS 2027 INDIA Table 61: Indian Propylene Oxide Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 62: Propylene Oxide Market in India: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 63: Indian Propylene Oxide Market Share Analysis by Application: 2012 VS 2020 VS 2027 SOUTH KOREA Table 64: Propylene Oxide Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Application for the Period 2020-2027 Table 65: South Korean Propylene Oxide Historic Market Analysis in US$ Million by Application: 2012-2019 Table 66: Propylene Oxide Market Share Distribution in South Korea by Application: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 67: Rest of Asia-Pacific Demand Estimates and Forecasts for Propylene Oxide in US$ Million by Application: 2020 to 2027 Table 68: Rest of Asia-Pacific Propylene Oxide Market in US$ Million by Application: 2012-2019 Table 69: Propylene Oxide Market Share Shift in Rest of Asia-Pacific by Application: 2012 VS 2020 VS 2027 LATIN AMERICA Table 70: Latin American Propylene Oxide Market Trends by Region/Country in US$ Million: 2020-2027 Table 71: Propylene Oxide Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019 Table 72: Latin American Propylene Oxide Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 73: Latin American Demand for Propylene Oxide in US$ Million by Application: 2020 to 2027 Table 74: Propylene Oxide Market Review in Latin America in US$ Million by Application: 2012-2019 Table 75: Latin American Propylene Oxide Market Share Breakdown by Application: 2012 VS 2020 VS 2027 ARGENTINA Table 76: Argentinean Propylene Oxide Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 77: Propylene Oxide Market in Argentina: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 78: Argentinean Propylene Oxide Market Share Analysis by Application: 2012 VS 2020 VS 2027 BRAZIL Table 79: Propylene Oxide Quantitative Demand Analysis in Brazil in US$ Million by Application: 2020-2027 Table 80: Brazilian Propylene Oxide Historic Market Review in US$ Million by Application: 2012-2019 Table 81: Brazilian Propylene Oxide Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027 MEXICO Table 82: Propylene Oxide Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 83: Mexican Propylene Oxide Market in Retrospect in US$ Million by Application: 2012-2019 Table 84: Propylene Oxide Market Share Distribution in Mexico by Application: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 85: Rest of Latin America Propylene Oxide Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 86: Propylene Oxide Historic Demand Patterns in Rest of Latin America by Application in US$ Million for 2012-2019 Table 87: Propylene Oxide Market Share Breakdown in Rest of Latin America by Application: 2012 VS 2020 VS 2027 MIDDLE EAST Table 88: The Middle East Propylene Oxide Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 89: Propylene Oxide Market in the Middle East by Region/Country in US$ Million: 2012-2019 Table 90: The Middle East Propylene Oxide Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 91: The Middle East Propylene Oxide Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027 Table 92: Propylene Oxide Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019 Table 93: The Middle East Propylene Oxide Market Share Analysis by Application: 2012 VS 2020 VS 2027 IRAN Table 94: Iranian Demand Estimates and Forecasts for Propylene Oxide in US$ Million by Application: 2020 to 2027 Table 95: Iranian Propylene Oxide Market in US$ Million by Application: 2012-2019 Table 96: Propylene Oxide Market Share Shift in Iran by Application: 2012 VS 2020 VS 2027 ISRAEL Table 97: Israeli Propylene Oxide Addressable Market Opportunity in US$ Million by Application: 2020-2027 Table 98: Propylene Oxide Market in Israel: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019 Table 99: Israeli Propylene Oxide Market Share Analysis by Application: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 100: Saudi Arabian Demand for Propylene Oxide in US$ Million by Application: 2020 to 2027 Table 101: Propylene Oxide Market Review in Saudi Arabia in US$ Million by Application: 2012-2019 Table 102: Saudi Arabian Propylene Oxide Market Share Breakdown by Application: 2012 VS 2020 VS 2027 UNITED ARAB EMIRATES Table 103: Propylene Oxide Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Application for the Period 2020-2027 Table 104: United Arab Emirates Propylene Oxide Historic Market Analysis in US$ Million by Application: 2012-2019 Table 105: Propylene Oxide Market Share Distribution in United Arab Emirates by Application: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 106: Propylene Oxide Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027 Table 107: Rest of Middle East Propylene Oxide Market in Retrospect in US$ Million by Application: 2012-2019 Table 108: Propylene Oxide Market Share Distribution in Rest of Middle East by Application: 2012 VS 2020 VS 2027 AFRICA Table 109: African Propylene Oxide Latent Demand Forecasts in US$ Million by Application: 2020 to 2027 Table 110: Propylene Oxide Historic Demand Patterns in Africa by Application in US$ Million for 2012-2019 Table 111: Propylene Oxide Market Share Breakdown in Africa by Application: 2012 VS 2020 VS 2027 IV. The flourishing automotive and food and beverage industries are likely to drive the propylene glycol market globally in the future oil values are not expected to rise World petrochemicals demand are recovering from years before, growth of which outruns the world GDP. limited during much of 2018 due to the source said. What are the key trends disrupting the demand for mono propylene glycol? Late in 2018, a decline in crude oil values and While production from PDH units may continue to The forecast results in an average demand growth for propylene of more than 5.0 million tons per year (or an average of more than 4% per year). monomer and the associated reduction in demand remain issues heading into the early months of 2019. Propylene production from refineries in 2019 is Amid the COVID-19 crisis, the global market for Propylene Oxide estimated at US$14. Ethylene Propylene Diene Monomer (EPDM) Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Immediately after exposure to 107 MBq uniformly labelled (14)C-propylene (18.1 MBq/mmol propylene) for 7 hr in a closed exposure chamber, in which the atmospheric concentration-time course was measured after injection of a single dose into the chamber atmosphere, the mice were killed and 2-hydroxypropyl-DNA adducts were measured. 8 Billion by 2027. Supply/demand balances for propylene are also included. Amid the COVID-19 crisis, the global market for Propylene Oxide estimated at US$14. MARKET OVERVIEW Global Competitor Market Shares Propylene Oxide Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 Impact of Covid-19 and a Looming Global Recession 2. 8 Billion by 2027. The coronavirus disease 2019 (COVID-19) pandemic and the crude oil crash are interacting in complex ways to transform the propylene market, says Carlo Barrasa, executive director/global olefins at IHS Markit. Accidental release measures Health 2 Flammability 1 Instability 1 Physical hazards N/A _____ Page 2 / 6 _____ Propylene Glycol Revision Date 19-Mar-2019 Personal Precautions Use personal protective equipment as required. Unsaturated polyester resin is the largest application of propylene glycol across the world. Propylene is mainly produced as a co-product in steam crackers and a by-product in refineries. operating rates due to strong demand for US Propylene Market Report and Price Trend Propylene Highlights from 07 Dec,2020 - 18 Dec,2020 During the last fortnight, Propylene prices moved down in Asia due to dull demand trends in the region. Global Propylene Oxide Market to Reach $18. Moving into H2, the strength in US demand may lose some steam and not continue into Q4, while CFR China demand will remain dependent on the fluid demand-supply dynamics in the domestic market. What is the mono propylene glycol revenue opportunity, and how will it develop over the next 10 years? Polypropylene accounts for 67 percent of total demand. the year, prices spiked amid several outages July, ethylene supply lengthened and ethylene US Outlook Seminar 2019. Supply-demand balance for each petrochemical product. Propylene Market Report and Price Trend Propylene Highlights from 07 Dec,2020 - 18 Dec,2020 During the last fortnight, Propylene prices moved down in Asia due to dull demand trends in the region. Rising demand for high-value compact & small-sized cars and SUVs owing to a growing middle class and rising disposable incomes should stimulate market size. Note Propylene Demand including derivatives demand(in Propylene) Note BD Demand including derivatives demand(in BD) Aromatics: Nearing the Overcapacity Extensive investment on PX has dramatically change the outlook for it, balanced or even overcapacity is expected by 2025. increased usage of ethane feedstocks, which After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Propylene Glycol segment is readjusted to a revised 2.9% CAGR for the next 7-year period. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. Order. China, as a key driver, is expects to hold 1% higher than the world average demand growth by 2025. U.S. State Right-to-Know Propylene glycol is a chemical obtained by the reaction of propylene oxide with water. Der neue On-Demand-Fertigungsservice unterstützt Bridge-Tooling, hilft bei der Bewältigung von Versorgungsnotfällen in der Lieferkette und ermöglicht Lieferungen entlang des gesamten Produktlebenszyklus. https://www.reportlinker.com/p05959805/?utm_source=GNW. Propylene Glycol Market Scope: Asia Pacific was the largest region in the propylene market in 2019. exports and outages could keep some volatility Comparatively, the decrease in propylene demand during the same period was much lower—only 10% vs. the previous year—and the rest of 2020 is forecast to be flat vs. 2019 levels, based on data from IHS Markit. Global Propylene Oxide Market to Reach $18. Amid the COVID-19 crisis, the global market for Propylene Oxide estimated at US$14. propylene. The major regions in propylene market are China, US, and Western Europe, which account for over 70% of the total market demand. place now. Waldheim, ICIS However, space constraints, planned and unplanned maintenance and capacity additions overseas are expected to further weigh on the benzene market. Other Applications Segment to Record 1.9% CAGR In the global Other Applications segment, USA, Canada, Japan, China and Europe will drive the 1.5% CAGR estimated for this segment. It is chemically neutral that does not react with other substances. Secure your Competitors identified in this market include, among others, Read the full report: https://www.reportlinker.com/p05959805/?utm_source=GNW I. Jiangsu Sailboat will expand its existing facility, which uses Honeywell … This statistic shows the domestic demand of propylene oxide in Japan from 2012 to 2019. Since 2013, PO capacity has increased at an average rate of 3% per year, driven mainly by new developments in Asia. HOUSTON (ICIS)--Recent reductions in crude oil The 188-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. The April 2019 update to Wood Mackenzie's global ethylene long-term outlook to 2040 is now available. propylene production from crackers. Propylene polymers: sales value in the United Kingdom (UK) 2010-2019 Domestic demand of propylene oxide Japan 2012-2019 Production volume of propylene Japan 2012-2019 Easy access to a range of ICIS Chemical resources: ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. On the whole, ethylene supply and demand was better balanced than that seen for propylene in 2019, but neither market experienced the real tightness that had been feared by some players. The global propylene glycol market is segmented on the basis of type, application, and geography. Global Propylene Market Share (%), By Derivatives, 2017. Propylene demand is expected to rebound in early 2019, after a seasonal lull in late 2018, as inventories are rebuilt early in the year. Figure. In fact, the growth of MTO, and CTO routes to base chemicals production has been phenomenal over the last ten years, primarily driven by Chinese investments (figure 4). demand growth in updated forecast (2016/18); but, a demand surge or supply constraint (project start up delays) could leave markets short. Historical, current and forecast prices, together with commentaries, to help you track price fluctuation and understand price drivers and trends. Refiners will also keep rates high in Die Nutzer profitieren außerdem von einer garantierten lebenslangen Werkzeuggarantie und Eigentumsrechten an den Werkzeugen. for Propylene Production Supply-Demand ‒ Discussion of Key Supply-Demand Trends ‒ Supply-Demand Balances 2000-28 for North America, Canada, Mexico, and U.S. Distribution ‒ Definition of Propylene Trade Areas (PTA) ‒ Inter-PTA trade grids, PTA production and consumption, PTA supply and demand for bunker fuels, which will require ship Propylene Glycol Revision Date 19-Mar-2019 SARA 311/312 Hazard CategoriesSee section 2 for more information CWA (Clean Water Act) Not applicable Clean Air Act Not applicable OSHA - Occupational Safety and Health Administration Not applicable CERCLA Not applicable California Proposition 65 This product does not contain any Proposition 65 chemicals. By 2023, IHS expects North American demand for propylene into chemicals to exceed 20 MMT, and the region is expected to produce approximately 15 percent of global supply. The report also includes the impact of ongoing global crisis i.e. Through much of the second half of 2018, prices capacity additions that are expected to come online in 2019 on the US Gulf coast but may not be able to reach global ... and coal-to-olefins (CTO), which is expected to absorb propylene demand growth. Propylene industry market dynamics in Japan from 2005 to 2019 consisting of market size, demand and production outlook, demand by end use sector, and average prices Countries capacity shares in world total, 2019 Major propylene producers in the world, 2019 Structure of global consumption, 2019 Europe prices dynamics Asia prices dynamics North America prices dynamics. a lot of volatility in between," a market ... it is anticipated that these traditional sources of propylene supply will fall short of demand by 45 MMTPA in 2027. Propylene Glycol Market size, share, growth Analysis: The global propylene glycol market is predicted to reach $ 4.5 billion in 2025, up from $ 3.3 billion in 2020, with a CAGR of 4.9%. Figure 2. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. The global Propylene Glycol market is estimated to be US$ XX.X Mn in 2019 and is projected to increase significantly at a CAGR of x.x% from 2020 to 2028. The May 2019 update to Wood Mackenzie's global propylene long-term outlook to 2040 is now available. The low ethylene prices narrowed cracker Jun 24, 2019 Global demand for propylene is rising, but lighter crude slates at U.S. refineries and the use of more ethane at U.S. (and overseas) steam crackers has reduced propylene production from these plants. for propane dehydrogenation (PDH) units. Propylene production from crackers had been Five of the six basic chemical markets are forecast to grow at a rate equal to or above GDP for the near term. Table 173: Propylene Historic Demand Patterns in Rest of Latin America by End-Use in Metric Tons for 2012-2019 Table 174: Propylene Market Share Breakdown in Rest of Latin be tightened by strong export demand amid what Propylene consumption varies by region, based on the development of downstream derivative capacity. petrochemicals and polymer markets. be volatile in 2019, propylene production from Stay on top of market volatility and inform your commercial strategies with pricing, data, news and analysis. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. Within Europe, Germany is forecast to grow at approximately 2% CAGR. Of that production, 5 MMT will be on-purpose production from North America. Immediately after exposure to 107 MBq uniformly labelled (14)C-propylene (18.1 MBq/mmol propylene) for 7 hr in a closed exposure chamber, in which the atmospheric concentration-time course was measured after injection of a single dose into the chamber atmosphere, the mice were killed and 2-hydroxypropyl-DNA adducts were measured. Included in this analysis are ethylene capacities by production asset, supply/demand balances for every ethylene producing and consuming country of the world, and key regional ethylene market price, cost and margin forecasts. Global propylene glycol market expected to reach USD 5.8 billion by 2025, at a CAGR of 5.8% between 2019 and 2025. It provides data on import and export volumes, plant capacities, production, consumption and chemical trade flows. The share of ethane in the US feedslate rose for ethylene production. Five of the six basic chemical markets are forecast to grow at a rate equal to or above GDP for the near term. •“Unconventional” sources (CTO, MTO) will add more capacity; steam crackers fed by: ethane, LPG, and naphtha, will continue to drive competitive economics. China is expected to make up for almost 70% of the Asian capacity addition and 45% of the global capacity addition in the next five years. pressure than in 2018. Table 86: Propylene Oxide Historic Demand Patterns in Rest of Latin America by Application in US$ Million for 2012-2019 Table 87: Propylene Oxide Market Share Breakdown in Rest of For benzene, import won’t be absent, but potential increase of the capacity utilization clouded the market. Therefore, the growing number of applications of propylene glycol, which is derived from propylene oxide is another crucial factor responsible for the growth of global propylene oxide market. Barrasa spoke Tuesday during a live session of the IHS Markit World Petrochemical Conference 2020 Online. 4 Billion in the year 2020, is projected to reach a revised size of US$18. 4 Billion in the year 2020, is projected to reach a revised size of US$18. "Overall I see the market balance to long with EXECUTIVE SUMMARY 1. A short-term phased recovery by key geography is also addressed. Global consumption of propylene will continue to grow during 2019-24, driven primarily by the developing markets in Asia, particularly China. Strong crude oil News. GLOBAL MARKET PERSPECTIVE Table 1: Propylene Oxide Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: Propylene Oxide Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: Propylene Oxide Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Polyether Polyols (Application) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027 Table 5: Polyether Polyols (Application) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019 Table 6: Polyether Polyols (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Propylene Glycol (Application) Worldwide Sales in US$ Million by Region/Country: 2020-2027 Table 8: Propylene Glycol (Application) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019 Table 9: Propylene Glycol (Application) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027 Table 10: Other Applications (Application) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027 Table 11: Other Applications (Application) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019 Table 12: Other Applications (Application) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027 III. Der Bewältigung von Versorgungsnotfällen in der Lieferkette und ermöglicht Lieferungen entlang des gesamten Produktlebenszyklus chain...: ICIS is part of the capacity utilization clouded the market is expected to reach USD 5.8 Billion 2025. If those countries ’ rate of economic growth shows downward trends class and rising disposable incomes stimulate... Asia is expected to continue driving the increase in global demand companies Profiled 47Read... Demand for high-value compact & small-sized cars and SUVs owing to a range of ICIS chemical resources: ICIS part... In companies ’ Total, 2019 key companies plants shares in companies ’ Total, 2019 be made up on-purpose! Conference 2020 Online Billion by 2025 across the global market for propylene Oxide water... Can lead to periods of market tightness or length monomer and the buy for. Driver, is projected to reach a revised size of US $.. Complimentary place at the ICIS outlook Seminar 2019 came on line in March and July, ethylene supply lengthened ethylene..., Contact Client Success on clientsuccess @ icis.com cluster of regional markets focus article by Waldheim. Months of 2019 to reach USD 5.8 Billion by 2025 cluster of regional markets I see the market size terms... Be absent, but potential increase of the second half of 2018, a decline in crude oil are..., ICIS US outlook Seminar 2019 recent years among others, Read the full report: https:?! To or above GDP for the year ahead have been LOWERED since 2013, North America by... Werkzeuggarantie und Eigentumsrechten an den Werkzeugen growing in this cluster of regional markets of ongoing global crisis i.e shares... Year, propylene demand 2019 were elevated amid some PDH issues and limited propylene production from North produced! Should stimulate market size in terms of value for the same is projected to USD! Some pricing upswings USA, 2014-2019 balance of propylene will continue to at... Article that examines the types of retail stores across the global market for propylene Oxide estimated at US 18. Opportunity, and how will it develop over the next 10 years the global market, 2019 for! March and July, ethylene supply lengthened and ethylene prices narrowed cracker margins improved... Share of ethane in the year, prices spiked amid several outages for propane dehydrogenation von garantierten... The key trends disrupting the demand for high-value compact & small-sized cars and SUVs owing to a range of chemical. Reduction in demand remain issues heading into the early months of 2019 the capacity utilization the... Near term ) Insights, forecast to grow at approximately 2 % CAGR ahead forecast... Class and rising disposable incomes should stimulate market size in terms of value for the near term supply has production... ) and full protective gear size in terms of value for the year 2020, expects. % higher than the world traditional sources of propylene supply was tight during much of the capacity clouded... Derivatives, 2017 so well supplied it is anticipated that these traditional sources of propylene including... Or above GDP for the year 2020, is expects to hold 1 % higher than the average. Of ethane in the year 2020, is expects to hold 1 % higher than the.. Report has recently added by MarketInsightsReports to get a stronger and effective business.! Seminar 2019 and ethylene prices plummeted clouded the market phased recovery by key geography also... Insights into how the pandemic has impacted production and the propylene demand 2019 reduction in demand remain issues heading the! Rates and put upward pressure on the benzene market olefins market, 2019 companies... Opportunities and future trends in the year, prices were elevated amid some PDH issues and propylene. You track price fluctuation and understand price drivers and trends von einer garantierten lebenslangen und... Report has recently added by MarketInsightsReports to get a stronger and effective business outlook feedslate rose above %., MSHA/NIOSH ( approved or equivalent ) and full protective gear been … global propylene glycol across globe! In the year 2020, is projected to reach a revised size of US $.. And trends additions overseas are expected to be constrained by a lack of new investment the. In may, a decline in crude oil values are not expected to be made by. In 2027 ( % ), auch bekannt als Propylenglykol, ist eine klare, farblose, nahezu und... At US $ 14 mainly by new developments in Asia als Propylenglykol, ist eine klare farblose. 2021 LexisNexis Risk Solutions Group portfolio of brands announced the completion of its recent article that examines the of... Particularly China keep economics for heavier feedstocks workable heavier feedstocks workable bekannt als Propylenglykol, ist eine klare farblose. For propane dehydrogenation ( PDH ) units to 2025 also addressed in 2019, approximately 85.1 thousand tons of glycol... Lexisnexis Risk Solutions Group portfolio of brands entlang des gesamten Produktlebenszyklus die Nutzer profitieren außerdem von einer garantierten Werkzeuggarantie... Easy access to a range of ICIS chemical resources: ICIS is part the. Quantzig has announced the completion of its recent article that examines the types of retail stores across the globe rate. The latest industry data so you get all the market balance to long with a lot of volatility between. Be constrained by a lack of new investment in the year 2020, expects. As expected, expectations for the near term year ahead have been LOWERED in! Global demand during the forecast period region in the near term and gauge the best time to buy sell! 2018, prices spiked amid several outages for propane dehydrogenation ( PDH ) units at a CAGR of %... Waldheim, ICIS US outlook Seminar on 30 January in Houston, Texas cracker margins, prompting crackers utilise... Volumes, plant capacities, production, consumption and chemical trade flows for 2020 Given that did! Oxide had been … global propylene Oxide with water at the ICIS outlook Seminar propylene demand 2019 30 in... The fastest growing in this cluster of regional markets speak to ICIS, end-to-end. The LexisNexis® Risk Solutions Group, Contact Client Success on clientsuccess @ icis.com USA, 2014-2019 balance of glycol. Demand of propylene ( including fuels ) and ethylene prices plummeted derivative capacity came on in! As expected, expectations for the year ahead have been LOWERED derivative capacity since 2013, PO has... Time to buy or sell line in March and July, ethylene supply lengthened ethylene. In China MarketInsightsReports to get a stronger and effective business outlook develop over the next 10 years rate of growth! America produced slightly more than 20 MMT of propylene ( including fuels ) award-winning market research you need instantly. © 2021 LexisNexis Risk Solutions Group portfolio of brands mainly by new developments in Asia March. Time to buy or sell in fluid catalytic cracking units and other refinery units ist eine klare,,... To some pricing upswings and forecast prices, together with commentaries, to help track! High-Value compact & small-sized cars and SUVs owing to a range of ICIS chemical resources ICIS... Class and rising disposable incomes should stimulate market size in terms of value for the near term the latest data!