Product Code: ETC4724157 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Antigua and Barbuda Propylene Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 2.32% in 2025, climbs to a high of 2.73% in 2026, and moderates to 1.52% by 2029.
The Propylene market in Antigua and Barbuda is projected to grow at a stable growth rate of 2.48% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The propylene market in Antigua and Barbuda is influenced by its applications in the production of plastics, chemicals, and synthetic fibers. Propylene is a key feedstock in industrial processes, contributing to the manufacturing of everyday products such as packaging materials and automotive parts. As industrial activities expand and consumer goods demand increases, the market for propylene is expected to grow, driven by investments in manufacturing infrastructure and technological advancements.
The propylene market in Antigua and Barbuda is driven by its essential role as a raw material in the production of plastics, chemicals, and synthetic fibers. Growth in automotive, construction, and packaging industries, along with technological advancements in propylene production, contribute to market growth.
The propylene market in Antigua and Barbuda encounters challenges such as dependency on imports for meeting domestic demand and price volatility influenced by global supply dynamics. Market growth is further impacted by regulatory constraints and the need for investment in storage and distribution infrastructure.
In Antigua and Barbuda, government policies for the propylene market aim to ensure a stable supply of this key petrochemical for manufacturing and industrial processes. Policies may include importation tariffs, quality standards for propylene products, and incentives for local production capacity. Additionally, initiatives may support research and development in propylene derivatives, promote energy efficiency in manufacturing sectors, and encourage investment in infrastructure for petrochemical distribution.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Antigua and Barbuda Propylene Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Propylene Market - Industry Life Cycle |
3.4 Antigua and Barbuda Propylene Market - Porter's Five Forces |
3.5 Antigua and Barbuda Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Antigua and Barbuda Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Antigua and Barbuda Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Antigua and Barbuda Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Antigua and Barbuda Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Antigua and Barbuda Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Antigua and Barbuda Propylene Market Trends |
6 Antigua and Barbuda Propylene Market Segmentations |
6.1 Antigua and Barbuda Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.3 Antigua and Barbuda Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.4 Antigua and Barbuda Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.5 Antigua and Barbuda Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.6 Antigua and Barbuda Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.7 Antigua and Barbuda Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Antigua and Barbuda Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Antigua and Barbuda Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Antigua and Barbuda Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Antigua and Barbuda Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Antigua and Barbuda Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Antigua and Barbuda Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Antigua and Barbuda Propylene Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Antigua and Barbuda Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Antigua and Barbuda Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Antigua and Barbuda Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Antigua and Barbuda Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Antigua and Barbuda Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Antigua and Barbuda Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Antigua and Barbuda Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Antigua and Barbuda Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Antigua and Barbuda Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Antigua and Barbuda Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Antigua and Barbuda Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Antigua and Barbuda Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Antigua and Barbuda Propylene Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Propylene Market Export to Major Countries |
7.2 Antigua and Barbuda Propylene Market Imports from Major Countries |
8 Antigua and Barbuda Propylene Market Key Performance Indicators |
9 Antigua and Barbuda Propylene Market - Opportunity Assessment |
9.1 Antigua and Barbuda Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Antigua and Barbuda Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Antigua and Barbuda Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Antigua and Barbuda Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Antigua and Barbuda Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Antigua and Barbuda Propylene Market - Competitive Landscape |
10.1 Antigua and Barbuda Propylene Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |