Product Code: ETC102046 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Singapore Propylene Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 6.46% in 2026, following an initial rate of 6.34%, before easing to 4.88% at the end of the period.
Singapore's Propylene market is anticipated to experience a growing growth rate of 6.37% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The propylene market in Singapore is influenced by the country`s vibrant petrochemical industry. Propylene is a key building block for the production of various chemicals and plastics. Singapore petrochemical complexes, with their advanced infrastructure and access to feedstock, position the country as a significant player in the regional propylene market. As the demand for petrochemical products continues to rise, especially in sectors like packaging and automotive, the propylene market is expected to exhibit steady growth.
The propylene market in Singapore is poised for growth due to its extensive application in the petrochemical industry. Propylene is a crucial raw material for the production of plastics, resins, and other chemicals. Singapore strategic location and well-established petrochemical infrastructure make it an attractive destination for propylene production and trade. The growth of downstream industries and investments in the petrochemical sector further solidify the positive market outlook.
One of the challenges in the propylene market is the volatility of feedstock prices, such as crude oil and natural gas. Propylene is derived from these feedstocks, and fluctuations in their prices can affect production costs and pricing in the market. Additionally, maintaining consistent product quality and supply in a global market can be challenging.
The propylene market in Singapore faced challenges during the COVID-19 pandemic, with fluctuations in demand from industries such as chemicals and plastics. Post-pandemic recovery measures and a focus on sustainability and green technologies may influence the market`s direction in the coming years, with potential growth opportunities in renewable chemicals and materials.
The propylene market in Singapore is influenced by the petrochemical industry and its demand for propylene as a key raw material. Key players in this sector include ExxonMobil, Shell, and BASF, which are involved in the production and distribution of propylene and its derivatives.
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 Singapore Propylene Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Propylene Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Propylene Market - Industry Life Cycle |
3.4 Singapore Propylene Market - Porter's Five Forces |
3.5 Singapore Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Singapore Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F |
3.7 Singapore Propylene Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.8 Singapore Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Singapore Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F |
4 Singapore Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Propylene Market Trends |
6 Singapore Propylene Market, By Types |
6.1 Singapore Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Singapore Propylene Market Revenues & Volume, By Derivatives, 2021-2031F |
6.1.3 Singapore Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.4 Singapore Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F |
6.1.5 Singapore Propylene Market Revenues & Volume, By Cumene, 2021-2031F |
6.1.6 Singapore Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F |
6.1.7 Singapore Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F |
6.1.8 Singapore Propylene Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2 Singapore Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 Singapore Propylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Singapore Propylene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Singapore Propylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Singapore Propylene Market Revenues & Volume, By Textile, 2021-2031F |
6.2.6 Singapore Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.3 Singapore Propylene Market, By Types |
6.3.1 Overview and Analysis |
6.3.2 Singapore Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.3.3 Singapore Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F |
6.3.4 Singapore Propylene Market Revenues & Volume, By Others, 2021-2031F |
6.4 Singapore Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Singapore Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F |
6.4.3 Singapore Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F |
6.4.4 Singapore Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F |
6.4.5 Singapore Propylene Market Revenues & Volume, By Other, 2021-2031F |
6.5 Singapore Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 Singapore Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F |
6.5.3 Singapore Propylene Market Revenues & Volume, By Refinery, 2021-2031F |
6.5.4 Singapore Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F |
7 Singapore Propylene Market Import-Export Trade Statistics |
7.1 Singapore Propylene Market Export to Major Countries |
7.2 Singapore Propylene Market Imports from Major Countries |
8 Singapore Propylene Market Key Performance Indicators |
9 Singapore Propylene Market - Opportunity Assessment |
9.1 Singapore Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Singapore Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F |
9.3 Singapore Propylene Market Opportunity Assessment, By Types, 2021 & 2031F |
9.4 Singapore Propylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Singapore Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F |
10 Singapore Propylene Market - Competitive Landscape |
10.1 Singapore Propylene Market Revenue Share, By Companies, 2024 |
10.2 Singapore Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |