Southeast Asia Propylene Market penetrating the Global Market and Set to Grow Further.


Posted April 21, 2016 by agriindustryarc

In Southeast Asia Propylene Market, Propylene is used in the production of polypropylene, acrylonitrile, propylene glycols, cumene, butyraldehydes, acrolein etc.
 
Propylene, also known as propene is one of the major products in the petrochemical industry. Propylene is typically obtained by two methods: either as a co-product of the refinery catalytic cracking process used to make gasoline or as a co-product of the steam cracking process used to make ethylene. There are also a number of technologies for making propylene directly from other feedstock. The most common of these on-purpose process routes are propane dehydrogenation and metathesis. Southeast Asia Propylene Market is detailed in this report.
In Southeast Asia Propylene Market, Propylene is used in the production of polypropylene, acrylonitrile, propylene glycols, cumene, butyraldehydes, acrolein etc. Propylene glycol which is the most demanded product in industry to produce different products is derived using propylene.
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Southeast Asia propylene market is segmented according to the different derivative products of propylene. 80% of the propylene in Southeast Asia is used for the production of polypropylene. Propylene market in Southeast Asia is highly dependent on the crude oil prices as it is the primary source for its production.

As the crude oil prices are often changing in nature it is creating unrest in propylene market in terms of production, demand, supply, exports and imports. In Southeast Asia propylene market, propylene is mainly produced from refineries as their byproduct through steam cracking. New on purpose technologies such as propane dehydrogenation is emerging currently in the region which converts propane to propylene suggests the market research report by IndustryARC.

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Southeast Asia Propylene Market research report by IndustryARC has a detailed report of the propylene market in Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand and Myanmar. Market size, trade analysis, exports, imports, price, demand and supply are given in the report by each company in the region.

The Southeast Asia Propylene Market report also includes overview of major companies in Southeast Asia region such as:
• HMC Polymers Co Ltd,
• IRPC Public Company Limited,
• Petrochemical Corporation of Singapore (Private) Limited,
• Petroliam Nasional Berhad (Petronas),
• PT Chandra Asri Petrochemical Tbk,
Southeast Asia Propylene Market is one of the important chemical markets which have end user industries which uses it as chemical feed stock as well as to produce different products.
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About IndustryARC:
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

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Issued By IndustryArc
Country India
Categories Technology
Tags polypropylene price , propylene market , southeast asia propylene market growth
Last Updated April 21, 2016