Global propylene capacity will experience considerable growth in the next five years with increase from 101.3 MMTPA in 2014 to 127.1 MMTPA by 2019. Large capacity additions with more than 50 planned projects are expected to come online primarily in the China, US and Iran in the next five years. CNOOC Limited, Petroliam Nasional Berhad and C3 Petrochemicals LLC are the top three companies by capacity additions expected to come on-stream by 2019.
Global propylene industry is expected to spend around US$16.9 billion by 2019 for the upcoming projects. China, US and Russia are the top three countries by capital expenditure for projects by 2019.
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Report provides information and insight on -
- Historic and forecast global propylene capacity by region
- Propylene planned plants details
- Global propylene capacity by feedstock
- Capacity share of the major propylene producers in the world
- Global propylene capital expenditure forecast by region
Complete research report with TOC is available at http://www.rnrmarketresearch.com/global-propylene-capacity-and-capital-expenditure-outlook-china-and-us-to-drive-propylene-industry-expansion-market-report.html
Reasons to buy
The report will clarify -
- Understand the key trends in the global propylene industry
- Understand the regional propylene supply scenario
- Identify opportunities in the global propylene industry with the help of upcoming projects and capital expenditure forecast
- Understand the current and likely future competitive scenario
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