Cape Verde Propylene Market (2025-2031) | Forecast, Industry, Growth, Trends, Share, Size, Analysis, Companies, Revenue, Value, Segmentation & Outlook

Market Forecast By Derivatives (Polypropylene, Propylene oxide, Cumene, Acrylonitrile, Acrylic acid & Acrylates, Alcohols, Others), By Industrial Verticals (Automotive, Construction, Packaging, Textile, Others), By Types (Purity 99%, Purity 99.5%, Others), By Application (Organic Chemical Raw Materials, Synthetic Resins, Fine Chemicals, Other), By Production process Technology (Steam Cracking, Refinery, On- Purpose) And Competitive Landscape
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

Cabo Verde Propylene Market Size Growth Rate


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.

Cabo Verde Propylene Market Size Growth Rate

Propylene Market: Cabo Verde vs Top 5 Major Economies in 2027 (Africa)


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.

Propylene Market: Cabo Verde vs Top 5 Major Economies in 2027 (Africa)

Cape Verde Propylene Market Overview

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.

Drivers of the market

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.

Challenges of the market

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 Policy of the market

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.

Key Highlights of the Report:

  • Cape Verde Propylene Market Outlook
  • Market Size of Cape Verde Propylene Market, 2024
  • Forecast of Cape Verde Propylene Market, 2031
  • Historical Data and Forecast of Cape Verde Propylene Revenues & Volume for the Period 2021-2031
  • Cape Verde Propylene Market Trend Evolution
  • Cape Verde Propylene Market Drivers and Challenges
  • Cape Verde Propylene Price Trends
  • Cape Verde Propylene Porter`s Five Forces
  • Cape Verde Propylene Industry Life Cycle
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Derivatives for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Polypropylene for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Propylene oxide for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Cumene for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Acrylonitrile for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Acrylic acid & Acrylates for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Alcohols for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Industrial Verticals for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Textile for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Types for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Purity 99% for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Purity 99.5% for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Organic Chemical Raw Materials for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Synthetic Resins for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Fine Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Other for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Production process Technology for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Steam Cracking for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By Refinery for the Period 2021-2031
  • Historical Data and Forecast of Cape Verde Propylene Market Revenues & Volume By On- Purpose for the Period 2021-2031
  • Cape Verde Propylene Import Export Trade Statistics
  • Market Opportunity Assessment By Derivatives
  • Market Opportunity Assessment By Industrial Verticals
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Production process Technology
  • Cape Verde Propylene Top Companies Market Share
  • Cape Verde Propylene Competitive Benchmarking By Technical and Operational Parameters
  • Cape Verde Propylene Company Profiles
  • Cape Verde Propylene Key Strategic Recommendations

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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

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