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 | |
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.
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 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
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 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.
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.
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.
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 |