Posts

Showing posts with the label Propylene Market Report

Propylene Market (CAGR of 6.5%) 2035: Global Market Research Report, Size, Share, Forecast | ChemAnalyst

Image
According to ChemAnalyst report, “ Propylene Market  Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2035”.  Propylene market witnessed a demand of around 90 million tons globally in 2021 and is anticipated to grow at a significant rate with a healthy CAGR of   6.5 % until 2035 owing to its surging demand in Automotive sector and Packaging sector. Read Full Report Here @  https://www.chemanalyst.com/industry-report/propylene-market-633 Propylene is a colorless gas and has a dull petroleum like smell. It is highly inflammable in nature. Therefore, it is shipped as liquified gas under its own vapour pressure. Propylene is majorly used in the production of plastics and fibers; it is also used in the production of different useful compounds like propylene oxide and cumene. Propylene is formed by steam cracking of Naphtha and catalytic cracking of gas oil. Propylene has wide ...

Propylene Market is Projected to Grow at a CAGR of 5.25% by 2030 - ChemAnalyst

Image
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 5.51% 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)...