Europe Propylene Market Size & Outlook, 2022-2030

The propylene market in Europe is expected to reach a projected revenue of US$ 25,350.9 million by 2030. A compound annual growth rate of 5.9% is expected of Europe propylene market from 2023 to 2030.
Revenue, 2022 (US$M)
$16,076.0
Forecast, 2030 (US$M)
$25,350.9
CAGR, 2023 - 2030
5.9%
Report Coverage
Europe

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

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

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Europe propylene market highlights

  • The Europe propylene market generated a revenue of USD 16,076.0 million in 2022.
  • The market is expected to grow at a CAGR of 5.9% 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.
  • Country-wise, Netherlands is expected to register the highest CAGR from 2023 to 2030.


Europe data book summary

Market revenue in 2022USD 16,076.0 million
Market revenue in 2030USD 25,350.9 million
Growth rate5.9% (CAGR from 2022 to 2030)
Largest segmentPolypropylene
Fastest growing segmentPropylene oxide
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 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, Europe region accounted for 25.4% of the global propylene market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 45,833.1 million by 2030.

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Propylene Market Scope

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

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

Europe 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 69.45% in 2022. Horizon Databook has segmented the Europe 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 Europe 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 continent-level data and insights on the Europe propylene market , including forecasts for subscribers. This continent databook contains high-level insights into Europe propylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe propylene market size, by country, 2018-2030 (US$M)

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

Europe propylene market size, by country, 2018-2030 (US$M)

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