Propylene Market to Grow at a CAGR of 5.41% by 2030
According to ChemAnalyst report, “ Propylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Propylene market witnessed a demand of around 95 million tons in 2020 and anticipated to grow at a significant rate with a healthy CAGR of 5.41% until 2030 attributed to the wide range applications of the chemical in various end use industries such as Automotive, Packaging, Construction, Textiles, and Others. Read Full Report Here: https://www.chemanalyst.com/industry-report/propylene-market-633 Propylene or propene (C 3 H 6 ) is a colorless, non-toxic , extremely flammable fuel gas with a Petroleum like pungent smell and under pressure becomes liquid. During the refining process of gasoline Propylene is obtained however, three main processes involved in the production of Propylene are Steam cracking, fluid catalytic cracking (FCC) and Olefin conversion technol