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Q1 Global Propylene Capacity and Capital Expenditure Outlook - China and US to lead Propylene Industry Expansion

Q1 Global Propylene Capacity and Capital Expenditure Outlook - China and US to lead Propylene Industry Expansion

  • May 2016
  • 27 pages
  • ID: 4042146
  • Format: PDF
  • By GlobalData

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Q1 Global Propylene Capacity and Capital Expenditure Outlook - China and US to lead Propylene Industry Expansion

Summary

Global propylene capacity will experience considerable growth in the next five years with increase from 111.8 MMTPA in 2015 to 129.8 MMTPA by 2020. Large capacity additions of around 60 planned projects are expected to come online primarily in China and US in the next five years. Petroliam Nasional Berhad, Lotte Chemical Corporation and C3 Petrochemicals LLC are the top three companies by capacity additions expected to come on-stream over the next five years.

Global propylene industry is expected to spend around US$17.3 billion by 2020 for the upcoming projects. China, Russia and Indonesia are the top three countries by capital expenditure for projects by 2020.

Scope

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

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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