Product Code: ETC4724191 | 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 propylene market in Eritrea is closely tied to the petrochemical industry, which supports the production of polypropylene, a widely used polymer in packaging, textiles, and automotive industries. Although the market in Eritrea is currently limited, growing industrialization and infrastructural developments offer opportunities for market expansion. Government policies focused on attracting foreign investment in the petrochemical sector, improving industrial safety, and promoting sustainable manufacturing practices can play a significant role in shaping the propylene market`s growth in the country.
The propylene market in Eritrea is primarily driven by the countrys growing industrial sectors, including manufacturing, automotive, and packaging. Propylene is a key raw material for producing polypropylene, which is used extensively in the production of automotive parts, packaging materials, textiles, and consumer goods. As Eritreas industrialization progresses, the demand for propylene-based products is expected to rise. Additionally, the increasing push for recyclable and sustainable packaging materials enhances the market for propylene in the country.
The Propylene market in Eritrea faces substantial challenges due to a lack of local production facilities and a reliance on imports. Eritreas limited industrial infrastructure makes it difficult to establish a domestic supply chain, resulting in high import costs. Furthermore, geopolitical factors and trade restrictions in the region exacerbate supply chain disruptions, increasing volatility in pricing. Environmental regulations and concerns about the sustainability of petrochemical processing also pose barriers to market growth, making it difficult for businesses to meet rising local and regional demand.
Eritreas propylene market is primarily reliant on imports due to the absence of significant local petrochemical production. Government policies are aimed at regulating the importation of propylene, with a focus on balancing trade revenue and industrial affordability. Import duties are often adjusted to encourage the availability of propylene for essential industries such as packaging and manufacturing, aligning with Eritrea`s economic growth objectives.
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 Eritrea Propylene Market Overview |
3.1 Eritrea Country Macro Economic Indicators |
3.2 Eritrea Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Eritrea Propylene Market - Industry Life Cycle |
3.4 Eritrea Propylene Market - Porter's Five Forces |
3.5 Eritrea Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Eritrea Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Eritrea Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Eritrea Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Eritrea Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Eritrea Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Eritrea Propylene Market Trends |
6 Eritrea Propylene Market Segmentations |
6.1 Eritrea Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Eritrea Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.3 Eritrea Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.4 Eritrea Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.5 Eritrea Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.6 Eritrea Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.7 Eritrea Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Eritrea Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Eritrea Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Eritrea Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Eritrea Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Eritrea Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Eritrea Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Eritrea Propylene Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Eritrea Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Eritrea Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Eritrea Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Eritrea Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Eritrea Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Eritrea Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Eritrea Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Eritrea Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Eritrea Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Eritrea Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Eritrea Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Eritrea Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Eritrea Propylene Market Import-Export Trade Statistics |
7.1 Eritrea Propylene Market Export to Major Countries |
7.2 Eritrea Propylene Market Imports from Major Countries |
8 Eritrea Propylene Market Key Performance Indicators |
9 Eritrea Propylene Market - Opportunity Assessment |
9.1 Eritrea Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Eritrea Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Eritrea Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Eritrea Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Eritrea Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Eritrea Propylene Market - Competitive Landscape |
10.1 Eritrea Propylene Market Revenue Share, By Companies, 2024 |
10.2 Eritrea Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |