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

Market Forecast By Derivatives (Polypropylene, Propylene oxide, Cumene, Acrylonitrile, Acrylic acid & Acrylates, Alcohols, Others), By Industrial Verticals (Automotive, Construction, Packaging, Textile, Others), By Types (Purity 99%, Purity 99.5%, Others), By Application (Organic Chemical Raw Materials, Synthetic Resins, Fine Chemicals, Other), By Production process Technology (Steam Cracking, Refinery, On- Purpose) And Competitive Landscape
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

Singapore Propylene Market Size Growth Rate


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 Propylene Market Growth Rate

Propylene Market: Singapore vs Top 5 Major Economies in 2027 (Asia)


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.

Propylene Market: Singapore vs Top 5 Major Economies in 2027 (Asia)

Singapore Propylene Market Synopsis

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.

Drivers of the Market

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.

Challenges of the Market

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.

COVID-19 Impact on the Market

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.

Key Players in the Market

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.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Singapore Propylene Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Singapore Propylene Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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