Product Code: ETC102020 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United States of America Propylene Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at 5.76% in 2025, it steadily loses momentum, ending at 4.77% by 2029.
The United States propylene market is a significant segment within the petrochemical industry, primarily driven by the demand for propylene as a key raw material for the production of various chemicals and plastics. Propylene is a crucial building block for a wide range of products, including polypropylene, acrylonitrile, propylene oxide, and cumene, among others. The US propylene market is influenced by factors such as feedstock availability, technological advancements in production processes, regulatory policies, and end-user industries` demand dynamics. The market is characterized by a competitive landscape with key players investing in capacity expansions, product innovation, and strategic collaborations to gain a competitive edge. With the increasing focus on sustainable practices and the shift towards bio-based propylene derivatives, the market is poised for further growth and evolution in the coming years.
Currently, the US Propylene Market is experiencing several key trends. One major trend is the increasing demand for propylene derivatives, such as polypropylene, which is widely used in various industries including automotive, packaging, and construction. Another notable trend is the shift towards on-purpose propylene production methods, such as propane dehydrogenation (PDH) plants, to meet the growing demand for propylene. Additionally, there is a focus on developing more sustainable and environmentally friendly propylene production processes, in line with the industry`s commitment to reducing carbon emissions and promoting sustainability. Overall, the US Propylene Market is expected to continue growing steadily, driven by the increasing demand for propylene derivatives and the adoption of innovative production technologies.
In the US Propylene Market, challenges arise from factors such as fluctuating crude oil prices, which impact the cost of feedstock for propylene production. Market volatility and oversupply situations can also lead to pricing pressures for propylene producers. Additionally, environmental regulations and sustainability concerns are increasingly important in the industry, requiring companies to invest in cleaner production processes and technologies. Competition from other regions, such as the Middle East and Asia, where production costs may be lower, poses a threat to US propylene producers. Furthermore, the shift towards renewable and bio-based sources of propylene presents both an opportunity and a challenge for the industry, as companies must adapt to changing consumer preferences and regulatory requirements.
Investment opportunities in the US Propylene Market include the growth potential in the petrochemical industry, driven by increasing demand for propylene derivatives such as polypropylene. With the ongoing shift towards sustainable practices and the development of new technologies, there is a growing opportunity for investments in bio-based propylene production. Additionally, the expansion of propylene production capacity through investments in new plants or upgrading existing facilities presents another avenue for potential returns. As the demand for propylene and its derivatives continues to rise across various industries including automotive, packaging, and construction, investing in the US Propylene Market could offer attractive long-term growth prospects for investors seeking exposure to the chemicals sector.
Government policies related to the US Propylene Market primarily focus on environmental regulations, safety standards, and trade policies. The Environmental Protection Agency (EPA) regulates emissions from propylene production facilities to ensure compliance with air and water quality standards. Additionally, safety regulations enforced by the Occupational Safety and Health Administration (OSHA) aim to protect workers in propylene manufacturing plants. Trade policies, including tariffs and trade agreements, can impact the import and export of propylene and related products. The US government may also offer incentives or subsidies to promote domestic production and investment in propylene manufacturing. Overall, government policies play a crucial role in shaping the regulatory environment and market dynamics for the US Propylene Market.
The future outlook for the United States Propylene Market appears positive, driven by increasing demand from various end-use industries such as automotive, packaging, and construction. Propylene is a key chemical building block used in the production of plastics, chemicals, and fuels, making it a crucial component in the manufacturing sector. Additionally, the growing focus on sustainable practices and the shift towards eco-friendly materials is expected to drive the demand for bio-based propylene in the coming years. However, factors such as fluctuating crude oil prices, regulatory challenges, and competition from other chemical substitutes may pose challenges to the market growth. Overall, technological advancements, innovation in production processes, and strategic partnerships are likely to play a significant role in shaping the future landscape of the US Propylene 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 United States (US) Propylene Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Propylene Market Revenues & Volume, 2021 & 2027F |
3.3 United States (US) Propylene Market - Industry Life Cycle |
3.4 United States (US) Propylene Market - Porter's Five Forces |
3.5 United States (US) Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2027F |
3.6 United States (US) Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2027F |
3.7 United States (US) Propylene Market Revenues & Volume Share, By Types, 2021 & 2027F |
3.8 United States (US) Propylene Market Revenues & Volume Share, By Application, 2021 & 2027F |
3.9 United States (US) Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2027F |
4 United States (US) Propylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Propylene Market Trends |
6 United States (US) Propylene Market, By Types |
6.1 United States (US) Propylene Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Propylene Market Revenues & Volume, By Derivatives, 2018 - 2027F |
6.1.3 United States (US) Propylene Market Revenues & Volume, By Polypropylene, 2018 - 2027F |
6.1.4 United States (US) Propylene Market Revenues & Volume, By Propylene oxide, 2018 - 2027F |
6.1.5 United States (US) Propylene Market Revenues & Volume, By Cumene, 2018 - 2027F |
6.1.6 United States (US) Propylene Market Revenues & Volume, By Acrylonitrile, 2018 - 2027F |
6.1.7 United States (US) Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2018 - 2027F |
6.1.8 United States (US) Propylene Market Revenues & Volume, By Alcohols, 2018 - 2027F |
6.2 United States (US) Propylene Market, By Industrial Verticals |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Propylene Market Revenues & Volume, By Automotive, 2018 - 2027F |
6.2.3 United States (US) Propylene Market Revenues & Volume, By Construction, 2018 - 2027F |
6.2.4 United States (US) Propylene Market Revenues & Volume, By Packaging, 2018 - 2027F |
6.2.5 United States (US) Propylene Market Revenues & Volume, By Textile, 2018 - 2027F |
6.2.6 United States (US) Propylene Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 United States (US) Propylene Market, By Types |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Propylene Market Revenues & Volume, By Purity 99%, 2018 - 2027F |
6.3.3 United States (US) Propylene Market Revenues & Volume, By Purity 99.5%, 2018 - 2027F |
6.3.4 United States (US) Propylene Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 United States (US) Propylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2018 - 2027F |
6.4.3 United States (US) Propylene Market Revenues & Volume, By Synthetic Resins, 2018 - 2027F |
6.4.4 United States (US) Propylene Market Revenues & Volume, By Fine Chemicals, 2018 - 2027F |
6.4.5 United States (US) Propylene Market Revenues & Volume, By Other, 2018 - 2027F |
6.5 United States (US) Propylene Market, By Production process Technology |
6.5.1 Overview and Analysis |
6.5.2 United States (US) Propylene Market Revenues & Volume, By Steam Cracking, 2018 - 2027F |
6.5.3 United States (US) Propylene Market Revenues & Volume, By Refinery, 2018 - 2027F |
6.5.4 United States (US) Propylene Market Revenues & Volume, By On- Purpose, 2018 - 2027F |
7 United States (US) Propylene Market Import-Export Trade Statistics |
7.1 United States (US) Propylene Market Export to Major Countries |
7.2 United States (US) Propylene Market Imports from Major Countries |
8 United States (US) Propylene Market Key Performance Indicators |
9 United States (US) Propylene Market - Opportunity Assessment |
9.1 United States (US) Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2027F |
9.2 United States (US) Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2027F |
9.3 United States (US) Propylene Market Opportunity Assessment, By Types, 2021 & 2027F |
9.4 United States (US) Propylene Market Opportunity Assessment, By Application, 2021 & 2027F |
9.5 United States (US) Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2027F |
10 United States (US) Propylene Market - Competitive Landscape |
10.1 United States (US) Propylene Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Propylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |