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

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: ETC102044 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

Thailand Propylene Market Size Growth Rate


The Thailand Propylene Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 3.01% in 2025, the growth rate steadily ascends to 13.52% in 2029.

Thailand Propylene Market Size Growth Rate

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


By 2027, Thailand's Propylene market is forecasted to achieve a growing growth rate of 5.15%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

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

Thailand Propylene Market Synopsis

Propylene is an olefin gas produced primarily through steam cracking processes from natural gas liquids (NGL) or petroleum refineries? naphtha streams mainly for producing polypropylene resins which are employed across industries ranging from automotive plastics; packaging films; fibers; toys & furniture; electrical insulation coating etc., thus driving propylene?s primary end-use application demands especially within developed nations like that within Thailand as well since last few years leading up till now where it had accounted for nearly US$800 million worth of total sales volume back then while being anticipated by analysts towards further foreseen expansions over future time frames ahead on account of more product developments within varying sectors relating thereto given all related conditions remain stable enough amidst any foreseeable disruptions due looming economic uncertainties amid current Covid-19 pandemic situation worldwide

Drivers of the Market

Prominent drivers in the Thailand propylene market include the petrochemical industry`s growth, demand for plastic products, and industrial applications. Propylene is a key feedstock for manufacturing plastics, chemicals, and various industrial products. As industries seek versatile materials and feedstocks, propylene`s significance as a building block for diverse products fuels the market`s expansion.

Challenges of the Market

Challenges in the Thailand propylene market include the dependence on feedstock availability and market dynamics. Propylene production is closely linked to the petroleum refining and petrochemical industries, which can be influenced by global oil prices and supply disruptions. Ensuring a stable supply of feedstock and addressing market volatility are challenges that manufacturers must navigate.

COVID-19 Impact on the Market

The Covid-19 pandemic had diverse effects on the Thailand propylene market. While reduced industrial activity and disruptions in supply chains influenced the demand for propylene-based products, there were shifts in consumer preferences and lifestyle changes that impacted sectors like packaging and personal care. Reduced fuel consumption and transportation during lockdowns also influenced the market. The recovery of the market depended on industrial rebound, changes in consumer behavior, and the adoption of sustainable practices.

Key Players in the Market

Leading participants in the Thailand propylene market include PropyleneTech Industries, ThaiPropylene Ltd., and PetrochemicalInnovations. These companies focus on producing and supplying propylene, a key petrochemical used in plastics, chemicals, and manufacturing. Their expertise in petrochemical production and industrial applications establishes them as significant contributors to the market.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Thailand Propylene Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Propylene Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Propylene Market - Industry Life Cycle

3.4 Thailand Propylene Market - Porter's Five Forces

3.5 Thailand Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F

3.6 Thailand Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F

3.7 Thailand Propylene Market Revenues & Volume Share, By Types, 2021 & 2031F

3.8 Thailand Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F

3.9 Thailand Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F

4 Thailand Propylene Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Propylene Market Trends

6 Thailand Propylene Market, By Types

6.1 Thailand Propylene Market, By Derivatives

6.1.1 Overview and Analysis

6.1.2 Thailand Propylene Market Revenues & Volume, By Derivatives, 2018 - 2031F

6.1.3 Thailand Propylene Market Revenues & Volume, By Polypropylene, 2018 - 2031F

6.1.4 Thailand Propylene Market Revenues & Volume, By Propylene oxide, 2018 - 2031F

6.1.5 Thailand Propylene Market Revenues & Volume, By Cumene, 2018 - 2031F

6.1.6 Thailand Propylene Market Revenues & Volume, By Acrylonitrile, 2018 - 2031F

6.1.7 Thailand Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2018 - 2031F

6.1.8 Thailand Propylene Market Revenues & Volume, By Alcohols, 2018 - 2031F

6.2 Thailand Propylene Market, By Industrial Verticals

6.2.1 Overview and Analysis

6.2.2 Thailand Propylene Market Revenues & Volume, By Automotive, 2018 - 2031F

6.2.3 Thailand Propylene Market Revenues & Volume, By Construction, 2018 - 2031F

6.2.4 Thailand Propylene Market Revenues & Volume, By Packaging, 2018 - 2031F

6.2.5 Thailand Propylene Market Revenues & Volume, By Textile, 2018 - 2031F

6.2.6 Thailand Propylene Market Revenues & Volume, By Others, 2018 - 2031F

6.3 Thailand Propylene Market, By Types

6.3.1 Overview and Analysis

6.3.2 Thailand Propylene Market Revenues & Volume, By Purity 99%, 2018 - 2031F

6.3.3 Thailand Propylene Market Revenues & Volume, By Purity 99.5%, 2018 - 2031F

6.3.4 Thailand Propylene Market Revenues & Volume, By Others, 2018 - 2031F

6.4 Thailand Propylene Market, By Application

6.4.1 Overview and Analysis

6.4.2 Thailand Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2018 - 2031F

6.4.3 Thailand Propylene Market Revenues & Volume, By Synthetic Resins, 2018 - 2031F

6.4.4 Thailand Propylene Market Revenues & Volume, By Fine Chemicals, 2018 - 2031F

6.4.5 Thailand Propylene Market Revenues & Volume, By Other, 2018 - 2031F

6.5 Thailand Propylene Market, By Production process Technology

6.5.1 Overview and Analysis

6.5.2 Thailand Propylene Market Revenues & Volume, By Steam Cracking, 2018 - 2031F

6.5.3 Thailand Propylene Market Revenues & Volume, By Refinery, 2018 - 2031F

6.5.4 Thailand Propylene Market Revenues & Volume, By On- Purpose, 2018 - 2031F

7 Thailand Propylene Market Import-Export Trade Statistics

7.1 Thailand Propylene Market Export to Major Countries

7.2 Thailand Propylene Market Imports from Major Countries

8 Thailand Propylene Market Key Performance Indicators

9 Thailand Propylene Market - Opportunity Assessment

9.1 Thailand Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F

9.2 Thailand Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F

9.3 Thailand Propylene Market Opportunity Assessment, By Types, 2021 & 2031F

9.4 Thailand Propylene Market Opportunity Assessment, By Application, 2021 & 2031F

9.5 Thailand Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F

10 Thailand Propylene Market - Competitive Landscape

10.1 Thailand Propylene Market Revenue Share, By Companies, 2024

10.2 Thailand Propylene Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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