Analytics, Research & Consulting Olefins Market | Page 3
Selected Market Share Analysis done in the full report:
The US propylene Market will reach 20.95 MMTA at a CAGR of
4.5% by 2023. Propylene is an important feedstock for
polypropylene, acrylonitrile, propylene oxide and other derivatives.
The demand for propylene was high previously due to its versatility
and rational pricing. It is expected to grow more as polypropylene
is used in packaging, automotive components, stationary,
furniture, reusable containers, etc. Propylene is now needed for on
purpose production such as propane dehydrogenation.
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