Product Code: ETC4724196 | 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 Gabon Propylene Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.77% in 2025, the market peaks at 15.17% in 2026, and settles at -7.25% by 2029.
The Propylene market in Gabon is projected to grow at a high growth rate of 13.00% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.
The propylene market in Gabon is essential for producing various chemicals and plastics, primarily used in industries such as automotive, packaging, and textiles. Propylene is a crucial feedstock for polypropylene production, which is used in everyday products. The market in Gabon is influenced by the price fluctuations of crude oil and the overall performance of the petrochemical industry. Furthermore, governmental policies aimed at promoting sustainable practices and reducing the carbon footprint could lead to increased interest in bio-based alternatives for propylene production. As Gabon continues to develop its industrial infrastructure, the demand for propylene is expected to grow, particularly in the manufacturing and automotive sectors, though the markets expansion may rely on the country`s ability to develop efficient supply chains.
The propylene market in Gabon is fueled by its critical role as a feedstock for various derivatives, including polypropylene and acrylonitrile. The increasing demand for polypropylene in packaging, automotive, and construction sectors significantly boosts the propylene market. Moreover, Gabons ongoing industrial development and investments in petrochemical infrastructure are key drivers propelling the growth of the propylene market.
The propylene market in Gabon encounters challenges related to the volatility of crude oil prices and fluctuating demand from key sectors. Propylene, being a byproduct of petroleum refining, is directly impacted by the fluctuating prices of crude oil, making it difficult for producers to maintain stable pricing. Additionally, the local market faces competition from other African nations with lower production costs, putting pressure on Gabonese producers to keep prices competitive. Infrastructure limitations in the country also pose challenges in terms of transportation and distribution, which can affect market growth.
The propylene market in Gabon is shaped by the government`s efforts to develop the petrochemical sector under its national industrialization strategy. Policies aimed at harnessing Gabons oil reserves for downstream processing include incentives for propylene production facilities. However, environmental regulations to curb greenhouse gas emissions also challenge traditional production methods, encouraging investment in greener 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 Gabon Propylene Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Propylene Market - Industry Life Cycle |
3.4 Gabon Propylene Market - Porter's Five Forces |
3.5 Gabon Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Gabon Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Gabon Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Gabon Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Gabon Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Gabon Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Propylene Market Trends |
6 Gabon Propylene Market Segmentations |
6.1 Gabon Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Gabon Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.3 Gabon Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.4 Gabon Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.5 Gabon Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.6 Gabon Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.7 Gabon Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Gabon Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Gabon Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Gabon Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Gabon Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Gabon Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Gabon Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Gabon Propylene Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Gabon Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Gabon Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Gabon Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Gabon Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Gabon Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Gabon Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Gabon Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Gabon Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Gabon Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Gabon Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Gabon Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Gabon Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Gabon Propylene Market Import-Export Trade Statistics |
7.1 Gabon Propylene Market Export to Major Countries |
7.2 Gabon Propylene Market Imports from Major Countries |
8 Gabon Propylene Market Key Performance Indicators |
9 Gabon Propylene Market - Opportunity Assessment |
9.1 Gabon Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Gabon Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Gabon Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Gabon Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Gabon Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Gabon Propylene Market - Competitive Landscape |
10.1 Gabon Propylene Market Revenue Share, By Companies, 2024 |
10.2 Gabon Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |