Global Propylene capacity will experience considerable growth in the next five years, increasing from 101.3 mmtpa in 2014 to 127.1 mmtpa in 2019. Around 53 planned projects are slated to come online in the next five years, driven primarily by China, US and Iran. Among companies, CNOOC Limited, Petroliam Nasional Berhad and C3 Petrochemicals LLC are the top three players by capacity additions – globally, and are expected to come onstream by 2019.
GlobalData’s latest report Global Propylene Capacity and Capital Expenditure Outlook provides information and insight on historic and forecast global propylene capacity by region. The report includes details on capacity share of the major propylene producers in the world. It also provides details on global propylene capacity by feedstock.
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