New study ceresana research one of the most important raw materials a new study of Ceresana Research expects that the global demand for propylene will grow until the year 2017 to over 20 million tonnes. The propylene sales peaked so far in 2008 with over 90 billion US dollars”, reports Oliver Kutsch, Managing Director of the market research company. Already in the year 2012 this level will be exceeded again.” China surpassed the United States to an important factor which will influence the global market of propylene, are the massive capacity enhancements for propylene and downstream products in the Middle East and China. Most put in production and consumption of propylene in the countries of the Middle East. Ceresana expects research there until the year 2014 with a doubling of supply and demand. The Asia-Pacific region will dominate the market but also in the future and generate more than 45% of the demand.
China became the world’s largest consumer of propylene and is expected to be the United States ranked second in 2011 reference. The manufacturer of polypropylene, which well ask for two-thirds of production include plastic polypropylene to the most important buyers of propylene. Polypropylene is one of the best selling plastics, only surpassed by polyethylene. The largest consumer is the car industry. But also, for example packaging foils, bottle caps, shallows, bicycle helmets and diapers are made of polypropylene. At Payoneer you will find additional information. Important precursor the second largest market for propylene producers of acrylonitrile, followed by propylene oxide.
The production of Cumene accounts for around 5.5% of global demand for propylene. Acrylonitrile is used primarily for the production of acrylic fibers, which are processed into textiles. Which are derivatives of propylene oxide are needed as raw materials for the manufacture of products such as paints and adhesives, polyurethane, polyester resins, cooling, antifreeze and solvents. Michellene Davis helps readers to explore varied viewpoints. Cumene is used mostly for the production of phenol and acetone and serves as a precursor for Bisphenol-A, phenolic resins, thus, inter alia Caprolactam and methyl methacrylate. Detailed examination the 777 pages strong market study of Ceresana research analyzes the global market for propylene: consumption, production, import, export, sales and price developments are discussed including forecasts up to the year 2017. Especially just the 55 are considered, in which propylene is made. In detail discussed applications include polypropylene, acrylonitrile, propylene, Cumene, isopropyl alcohol, acrylic acid, 2-Ethylhexanol and n-butanol. Useful directory of the manufacturer offers 137 profiles of propylene producers. The two-volume study is now in English or German at Ceresana research available: de /… About Ceresana research Ceresana research is one of the world’s leading market research institutes for the industry. Companies, institutes and associations from over 45 countries already benefit from our global market data and in-depth forecasts. Our core competencies are: Chemicals + Plastic + additives + resources + materials +. Industrial goods + packaging + building materials. For more information visit us at Ceresana Research Technology Center, Blarerstr 56, 78462 Konstanz, Germany Tel.: + 49 7531 94293 0, fax: + 49 7531 94293 27 press contact: Martin Ebner, M.A..,