Product Code: ETC4724242 | 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 Norway Propylene Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at 4.58% in 2025, it steadily loses momentum, ending at 3.91% by 2029.
By 2027, Norway's Propylene market is forecasted to achieve a stable growth rate of 4.42%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
The propylene market in Norway is essential to the petrochemical industry, as propylene is a critical raw material for the production of polymers like polypropylene. With Norway being a significant player in the energy sector, the market benefits from the by-products of oil and gas refining. However, the market faces challenges related to decarbonization efforts and the global shift towards renewable resources, which could impact traditional propylene production in the future.
The propylene market in Norway is primarily driven by the petrochemical and plastics industries. As propylene is a critical feedstock for polypropylene production, the growing demand for plastic products in packaging, automotive, and consumer goods sectors is contributing to the market`s expansion. Norways strong industrial base and focus on innovation in materials also fuel the demand for propylene derivatives used in manufacturing processes.
The propylene market in Norway encounters challenges such as market volatility and high production costs. Propylene is a byproduct of oil refining and natural gas processing, and its supply can be irregular due to fluctuations in the oil and gas industry. This can lead to inconsistent availability and pricing.
The propylene market in Norway is subject to regulations that control its production, handling, and distribution. The government implements safety standards and environmental regulations to manage the risks associated with propylene, a key industrial chemical. Norways commitment to reducing greenhouse gas emissions and promoting sustainable practices also influences the propylene market, encouraging advancements in cleaner production technologies and the reduction of carbon footprints.
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 Norway Propylene Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Propylene Market - Industry Life Cycle |
3.4 Norway Propylene Market - Porter's Five Forces |
3.5 Norway Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Norway Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Norway Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Norway Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Norway Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Norway Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Norway Propylene Market Trends |
6 Norway Propylene Market Segmentations |
6.1 Norway Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Norway Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.3 Norway Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.4 Norway Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.5 Norway Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.6 Norway Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.7 Norway Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Norway Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Norway Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Norway Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Norway Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Norway Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Norway Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Norway Propylene Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Norway Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Norway Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Norway Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Norway Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Norway Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Norway Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Norway Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Norway Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Norway Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Norway Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Norway Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Norway Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Norway Propylene Market Import-Export Trade Statistics |
7.1 Norway Propylene Market Export to Major Countries |
7.2 Norway Propylene Market Imports from Major Countries |
8 Norway Propylene Market Key Performance Indicators |
9 Norway Propylene Market - Opportunity Assessment |
9.1 Norway Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Norway Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Norway Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Norway Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Norway Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Norway Propylene Market - Competitive Landscape |
10.1 Norway Propylene Market Revenue Share, By Companies, 2024 |
10.2 Norway Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |