Product Code: ETC4724166 | 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 Bhutan Propylene Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 1.46% in 2025, the market peaks at 3.26% in 2028, and settles at 2.16% by 2029.
The Propylene market in Bhutan is projected to grow at a stable growth rate of 3.01% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Bhutan`s propylene market is developing as the chemical industry grows, with propylene being a key raw material for the production of various plastics, chemicals, and synthetic fibers. The market is supported by industrial expansion and the increasing demand for polypropylene and other propylene-based products. Investments in chemical manufacturing facilities and infrastructure improvements also contribute to the market`s growth.
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The propylene market in Bhutan is influenced by the demand for this key petrochemical in the production of plastics, chemicals, and industrial products. Propylene is used to manufacture polypropylene, a widely used plastic in various applications including packaging, automotive parts, and consumer goods. The growth of Bhutans manufacturing sector and increasing demand for polypropylene-based products drive the market. Additionally, advancements in production technologies and the expansion of petrochemical infrastructure support the growth of the propylene market.
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The propylene market in Bhutan faces challenges such as high production costs, regulatory constraints, and competition from alternative materials. Additionally, fluctuations in the global oil and gas market impact the supply and demand for propylene.
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The propylene market in Bhutan is supported by government policies aimed at bolstering the chemical sector. The government offers tax incentives and subsidies for the establishment of propylene production facilities. Efforts to develop infrastructure and ensure a steady supply of raw materials are also underway. Regulatory frameworks are in place to maintain quality and safety standards. Furthermore, the government is investing in training programs to develop a skilled workforce capable of handling advanced chemical production technologies.
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 Bhutan Propylene Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Propylene Market - Industry Life Cycle |
3.4 Bhutan Propylene Market - Porter's Five Forces |
3.5 Bhutan Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Bhutan Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Bhutan Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Bhutan Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Bhutan Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Bhutan Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bhutan Propylene Market Trends |
6 Bhutan Propylene Market Segmentations |
6.1 Bhutan Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.3 Bhutan Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.4 Bhutan Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.5 Bhutan Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.6 Bhutan Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.7 Bhutan Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Bhutan Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Bhutan Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Bhutan Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Bhutan Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Bhutan Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bhutan Propylene Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Bhutan Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Bhutan Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Bhutan Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Bhutan Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Bhutan Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Bhutan Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Bhutan Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Bhutan Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Bhutan Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Bhutan Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Bhutan Propylene Market Import-Export Trade Statistics |
7.1 Bhutan Propylene Market Export to Major Countries |
7.2 Bhutan Propylene Market Imports from Major Countries |
8 Bhutan Propylene Market Key Performance Indicators |
9 Bhutan Propylene Market - Opportunity Assessment |
9.1 Bhutan Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Bhutan Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Bhutan Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Bhutan Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Bhutan Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Bhutan Propylene Market - Competitive Landscape |
10.1 Bhutan Propylene Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |