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

Malaysia Propylene Market Synopsis

The Malaysia propylene market was valued at around USD 1 billion in 2018 and is projected to grow at a CAGR of 7.5 percent over the forecast period. The major driver for this growth can be attributed to increasing industrial activities across different sectors such as automotive, packaging and construction that require propylene based products for their production processes. Furthermore, rising domestic consumption coupled with increased import activity are expected to further boost propylene demand in Malaysia over the coming years.

Market Drivers of the market

The propylene market in Malaysia is driven by the petrochemical industry`s demand for propylene as a key feedstock for plastics and chemical production. Industrial growth, especially in sectors like packaging, automotive, and consumer goods, contributes to the demand for propylene derivatives. Technological advancements and product innovation also play a role in market expansion.

Challenges of the market

Challenges in the propylene market include fluctuations in crude oil prices, which can impact feedstock costs and product pricing. Market players will need to manage supply chain risks and price volatility. Additionally, environmental pressures and regulations may drive the need for more sustainable propylene production methods, which could pose technical and investment challenges.

Covid-19 Impact on the market

The propylene market experienced fluctuations during the pandemic as industrial production slowed down. Reduced demand for automotive and consumer goods impacted propylene derivatives. Additionally, global oil price volatility affected feedstock costs. With economic recovery, the market is poised to rebound, driven by petrochemical demand and resuming manufacturing activities.

Key Players of the market

The Malaysia propylene market is driven by its applications in the petrochemical industry. Key players, including PropChem Industries, PetroPoly Plastics, and SynthoChem Corp, contribute significantly to the production and distribution of propylene and its derivatives. These companies focus on process efficiency, product diversification, and sustainable practices in the petrochemical sector.

Key Highlights of the Report:

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