Q1 Global Propylene Capacity and Capital Expenditure Outlook - China and US to lead Propylene Industry Expansion

  • ID: 3802554
  • Report
  • Region: Global, China, United States
  • 27 pages
  • GlobalData
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60 Planned Projects Set to Push Global Propylene Capacity to New Levels by 2020
Q1 Global Propylene Capacity and Capital Expenditure Outlook - China and US to lead Propylene Industry Expansion

Summary

Global propylene capacity will experience considerable growth in the next five years with increase from 111.8 MMTPA in 2015 to 129.8 MMTPA by 2020. Large capacity additions of around 60 planned projects are expected to come online primarily in China and US in the next five years. Petroliam Nasional Berhad, Lotte Chemical Corporation and C3 Petrochemicals LLC are the top three companies by capacity additions expected to come on-stream over the next five years.

Global propylene industry is expected to spend around US$17.3 billion by 2020 for the upcoming projects. China, Russia and Indonesia are the top three countries by capital expenditure for projects by 2020.

Scope

Report provides information and insight on -
- Historic and forecast global Propylene capacity by region
- Propylene planned plants details
- Global Propylene capacity by feedstock
- Capacity share of the major Propylene producers in the world
- Global Propylene capital expenditure forecast by region

Reasons to buy

The report will clarify -
- Understand the key trends in the global Propylene industry
- Understand the regional Propylene supply scenario
- Identify opportunities in the global Propylene industry with the help of upcoming projects and capital expenditure forecast
- Understand the current and likely future competitive scenario
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1.1 List of Tables

1.2 List of Figures

2 Global Propylene Industry

2.1 Key Highlights

2.2 New Projects Cancellations

3 Appendix

3.1 Definitions

3.1.1 Installed Capacity

3.1.2 Key Feedstock

3.2 Abbreviations

3.3 Research Methodology

3.3.1 Coverage

3.3.2 Secondary Research

3.3.3 Primary Research

3.3.4 Expert Panel Validation

3.4 Disclaimer

1.1 List of Tables

Table 1: Total Propylene Capacity by Region (mmtpa)

Table 2: Propylene Capacity Share of Top 10 Companies (%)

Table 3: Propylene Capacity of Top 10 Countries (mmtpa)

Table 4: Global Propylene Capacity Share by Feedstock (%)

Table 5: Total Propylene Feedstock by Region (mmtpa)

Table 6: Planned Capacity Additions By Region (mmtpa)

Table 7: Planned Capacity Additions By Top 10 Countries (mmtpa)

Table 8: Planned Capacity Additions By Top 10 Companies (mmtpa)

Table 9: Total Capex Spending On Planned Projects by Region (US$ bil)

Table 10: Total Capex Spending On Planned Projects by Top 10 Countries (US$ bil)

Table 11: Global Propylene Major Planned Plant Details - Project Status (Study)

Table 12: Global Propylene Major Planned Plant Details (Contd.) - Project Status (Announced)

Table 13: Global Propylene Major Planned Plant Details (Contd.) - Project Status (Announced)

Table 14: Global Propylene Major Planned Plant Details (Contd.) - Project Status (Engineering)

Table 15: Global Propylene Major Planned Plant Details (Contd.) - Project Status (Construction)

Table 16: Global Propylene Major Planned Plant Details (Contd.) - Project Status (Construction)

Table 17: Global Propylene Major Planned Plant Details (Contd.) - (Pre commissioning & commissioning)

Table 18: List of Abbreviations

1.2 List of Figures

Figure 1: Total Propylene Capacity by Region (mmtpa)

Figure 2: Propylene Capacity Share of Top 10 Companies (%)

Figure 3: Propylene Capacity of Top 10 Countries (mmtpa)

Figure 4: Global Propylene Capacity Share by Feedstock (%)

Figure 5: Total Propylene Feedstock by Region (mmtpa)

Figure 6: Planned Capacity Additions By Region (mmtpa)

Figure 7: Planned Capacity Additions By Top 10 Countries (mmtpa)

Figure 8: Planned Capacity Additions By Top 10 Companies (mmtpa)

Figure 9: Total Capex Spending On Planned Projects by Region (US$ bil)

Figure 10: Total Capex Spending Planned Projects by Top 10 Countries (US$ bil)
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60 Planned Projects Set to Push Global Propylene Capacity to New Levels by 2020.

Global propylene capacity is set to experience strong growth over the next five years, increasing from 111.8 million metric tons per annum (mmtpa) in 2015 to 129.8 mmtpa by 2020, as around 60 planned projects are slated to come online over the period, according to research and consulting firm.

The company’s latest report* states that the projects will primarily be undertaken by China and the US. Indeed, of 38 planned propylene projects in Asia, China is responsible for 24, and will add 5.6 mmtpa by 2019. The country’s capital expenditure (capex) is set to reach US$3.62 billion over the next five years, and the leading companies accounting for major capacity additions will be Fujian Meide Petrochemical Co. Ltd and Ningbo Fortune Petrochemical Co., Ltd.

Indonesia is set to contribute the second highest capacity in Asia, adding 1.6 mmtpa by 2019, and planning capex of around US$2.14 billion over the next five years.

In North America, major propylene capacity additions will occur in the US, at around 3.1 mmtpa, with capex of around US$2.01 billion over the next five years. The top companies in terms of capacity additions in the US are BASF SE and C3 Petrochemicals LLC.

In Europe, major propylene capacity additions will be witnessed in Russia and Poland, which are planning to add capacity of around 1.7 mmtpa by 2020, with capex of around $2.83 billion. In Africa, Egypt is expected to spend around US$0.88 billion to add 0.9 mmtpa of capacity, which is expected to come onstream by 2020.

Globally, The Petronas Refinery and Petrochemical Corporation, Lotte Chemical Corporation, and C3 Petrochemicals LLC will be the top companies in terms of capacity additions, and all are expected to come onstream over the next five years.

*Q1 Global Propylene Capacity and Capital Expenditure Outlook - China and US to lead Propylene Industry Expansion

This report provides analysis of global propylene capacity, with forecast data from 2015 to 2020. It includes information such as historic and forecast global propylene capacity by region, propylene planned plants details, and global propylene capacity by feedstock.

This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by a team of industry experts.
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