Product Code: ETC4724170 | 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 Brunei Darussalam Propylene Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 0.65% in 2025, the growth rate steadily ascends to 1.96% in 2029.
By 2027, Brunei Darussalam's Propylene market is forecasted to achieve a stable growth rate of 1.13%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Brunei Propylene Market plays a vital role in the country`s petrochemical sector. Propylene is a crucial raw material used in producing polypropylene, a widely used plastic. The market is driven by the growing demand for plastic products in packaging, automotive, and construction industries. Brunei`s strategic location and access to raw materials position it as a potential hub for propylene production and export in Southeast Asia.
The Brunei propylene market is driven by several factors, including its role as a key raw material in the production of polypropylene, a widely used plastic in various industries. The demand for propylene in Brunei is bolstered by the country`s growing industrial sector, which includes automotive, packaging, and consumer goods. Additionally, Brunei`s strategic location and its focus on expanding its petrochemical industry contribute to the growth of the propylene market. The availability of feedstock from the country`s oil and gas reserves also plays a crucial role in supporting the propylene production capacity.
The Brunei propylene market faces several challenges primarily driven by its dependence on global oil prices and industrial demand fluctuations. As a derivative of petroleum, propylene prices are highly susceptible to changes in crude oil prices, which can create volatility in the market. Additionally, the local market in Brunei may experience supply chain disruptions and logistical issues due to its geographical isolation, impacting the availability and cost of propylene. Moreover, competition from alternative materials and technological advancements in propylene production methods can influence market dynamics. These factors collectively contribute to the complexity and volatility of the Brunei propylene market.
The Brunei government promotes the development of its petrochemical industry as part of its economic diversification strategy. This includes attracting foreign investment through favorable tax incentives and simplifying the regulatory framework to enhance production capacities and technological advancements in the petrochemical sector. Additionally, Brunei`s Vision 2035 emphasizes sustainable economic growth, which supports the development of eco-friendly and efficient production processes in the chemical industry.
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 Brunei Propylene Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Propylene Market - Industry Life Cycle |
3.4 Brunei Propylene Market - Porter's Five Forces |
3.5 Brunei Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Brunei Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Brunei Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Brunei Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Brunei Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Brunei Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brunei Propylene Market Trends |
6 Brunei Propylene Market Segmentations |
6.1 Brunei Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Brunei Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.3 Brunei Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.4 Brunei Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.5 Brunei Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.6 Brunei Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.7 Brunei Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Brunei Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Brunei Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Brunei Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Brunei Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Brunei Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Brunei Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Brunei Propylene Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Brunei Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Brunei Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Brunei Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Brunei Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Brunei Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Brunei Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Brunei Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Brunei Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Brunei Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Brunei Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Brunei Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Brunei Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Brunei Propylene Market Import-Export Trade Statistics |
7.1 Brunei Propylene Market Export to Major Countries |
7.2 Brunei Propylene Market Imports from Major Countries |
8 Brunei Propylene Market Key Performance Indicators |
9 Brunei Propylene Market - Opportunity Assessment |
9.1 Brunei Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Brunei Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Brunei Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Brunei Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Brunei Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Brunei Propylene Market - Competitive Landscape |
10.1 Brunei Propylene Market Revenue Share, By Companies, 2024 |
10.2 Brunei Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |