Product Code: ETC4724176 | 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 Cabo Verde Propylene Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 3.64% in 2028, following an initial rate of 2.62%, before easing to 3.31% at the end of the period.
By 2027, Cabo Verde's Propylene market is forecasted to achieve a stable growth rate of 3.53%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.
Cape Verde`s Propylene Market is an essential part of the petrochemical industry, as propylene is a key raw material used in the production of various plastics, chemicals, and synthetic materials. The market is driven by the demand for these downstream products, which are used in a wide range of applications, from packaging to automotive components.
The propylene market in Cape Verde is influenced by its role in producing plastics, chemicals, and industrial products. The growth of the market is driven by the expansion of manufacturing activities and the increasing demand for propylene-based products. The versatility of propylene in various applications contributes to its market development.
The propylene market in Cape Verde is challenged by the small scale of local petrochemical industries, which limits the demand for propylene. The market also faces high costs associated with importing propylene, as well as logistical challenges related to transportation and storage. Additionally, there is a lack of infrastructure and expertise for handling and processing propylene, which can deter investment and market growth.
Government policies in Cape Verde related to the propylene market are centered around ensuring a stable supply for industrial applications. The government regulates the import and distribution of propylene to ensure safety and compliance with international standards. Despite these efforts, the market faces challenges due to high import costs and limited local production capacity. There are initiatives to attract foreign investment to enhance local manufacturing capabilities.
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 Cape Verde Propylene Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Propylene Market - Industry Life Cycle |
3.4 Cape Verde Propylene Market - Porter's Five Forces |
3.5 Cape Verde Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Cape Verde Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Cape Verde Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Cape Verde Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Cape Verde Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Cape Verde Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Propylene Market Trends |
6 Cape Verde Propylene Market Segmentations |
6.1 Cape Verde Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.3 Cape Verde Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.4 Cape Verde Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.5 Cape Verde Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.6 Cape Verde Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.7 Cape Verde Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Cape Verde Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Cape Verde Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Cape Verde Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Cape Verde Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Cape Verde Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cape Verde Propylene Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Cape Verde Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Cape Verde Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cape Verde Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Cape Verde Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Cape Verde Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Cape Verde Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Cape Verde Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Cape Verde Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Cape Verde Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Cape Verde Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Cape Verde Propylene Market Import-Export Trade Statistics |
7.1 Cape Verde Propylene Market Export to Major Countries |
7.2 Cape Verde Propylene Market Imports from Major Countries |
8 Cape Verde Propylene Market Key Performance Indicators |
9 Cape Verde Propylene Market - Opportunity Assessment |
9.1 Cape Verde Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Cape Verde Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Cape Verde Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Cape Verde Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Cape Verde Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Cape Verde Propylene Market - Competitive Landscape |
10.1 Cape Verde Propylene Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |