India Propylene Market Size & Outlook, 2022-2030

The propylene market in India is expected to reach a projected revenue of US$ 7,150.0 million by 2030. A compound annual growth rate of 6.9% is expected of India propylene market from 2023 to 2030.
Revenue, 2022 (US$M)
$4,200.1
Forecast, 2030 (US$M)
$7,150.0
CAGR, 2023 - 2030
6.9%
Report Coverage
India

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India propylene market, 2018-2030 (US$M)

India propylene market, 2018-2030 (US$M)

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India propylene market highlights

  • The India propylene market generated a revenue of USD 4,200.1 million in 2022 and is expected to reach USD 7,150.0 million by 2030.
  • The India market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
  • In terms of segment, polypropylene was the largest revenue generating additives in 2022.
  • Propylene oxide is the most lucrative additives segment registering the fastest growth during the forecast period.


Propylene market data book summary

Market revenue in 2022USD 4,200.1 million
Market revenue in 2030USD 7,150.0 million
Growth rate6.9% (CAGR from 2022 to 2030)
Largest segmentPolypropylene
Fastest growing segmentPropylene oxide
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolypropylene, Propylene oxide, Acrylonitrile, Phenol/cumene, Acrylic acid, Isopropanol
Key market players worldwideExxon Mobil Corp, Shell PLC, PetroChina Co Ltd Class H, China Petroleum & Chemical Corp Class H


Other key industry trends

  • In terms of revenue, India accounted for 6.6% of the global propylene market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China propylene market is projected to lead the regional market in terms of revenue in 2030.
  • New Zealand is the fastest growing regional market in Asia Pacific and is projected to reach USD 453.8 million by 2030.

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Propylene Market Scope

Propylene market segmentation & scope
Polyethylene
Cyclohexane
Nitrobenzene
Alkyl benzene
Solvents
TDI
Formaldehyde
Gasoline
Acetic Acid
MTBE
Dimethyl Ether
MTO/MTP
Monomers
SB Rubber
Butadiene rubber
ABS
SB latex
Ethylene Oxide
EDC
Ethyl benzene
Others

Propylene Market Companies

Name Profile # Employees HQ Website
Borealis View profile 5001-10000 Vienna, Wien, Austria, Europe https://www.borealisgroup.com
China Petroleum & Chemical Corp Class H View profile 368450 No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 http://www.sinopec.com
PetroChina Co Ltd Class H View profile 375803 No. 9 Dongzhimen North Street, Dongcheng District, Beijing, China, People's Republic of, 100007 http://www.petrochina.com.cn
INEOS View profile 10001+ Rolle, Geneve, Switzerland, Europe http://www.ineos.com/
Reliance Inc View profile 15500 16100 N. 71st Street, Suite 400, Scottsdale, AZ, United States, 85254 https://www.reliance.com
SABIC View profile 10001+ Riyadh, Ar Riyad, Saudi Arabia, Asia http://www.sabic.com
Shell PLC View profile 100000 Shell Centre, London, United Kingdom, SE1 7NA https://www.shell.com
LG Chem View profile 10001+ Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.lgchem.com
DuPont de Nemours Inc View profile 24000 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 https://www.dupont.com
Exxon Mobil Corp View profile 61500 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 https://www.exxonmobil.com
LyondellBasell Industries NV Class A View profile 20000 One Vine Street, 4th Floor, London, United Kingdom, W1J0AH https://www.lyondellbasell.com
Braskem SA ADR View profile 8569 Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 https://www.braskem.com.br
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

India propylene market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to propylene market will help companies and investors design strategic landscapes.


Polypropylene was the largest segment with a revenue share of 70.08% in 2022. Horizon Databook has segmented the India propylene market based on polypropylene, propylene oxide, acrylonitrile, phenol/cumene, acrylic acid, isopropanol covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of India propylene market databook

  • Our clientele includes a mix of propylene market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India propylene market , including forecasts for subscribers. This country databook contains high-level insights into India propylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India propylene market size, by additives, 2018-2030 (US$M)

India Propylene Market Outlook Share, 2022 & 2030 (US$M)

India propylene market size, by additives, 2018-2030 (US$M)

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