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Propylene Capacity and Capital Expenditure Market Outlook

Global propylene industry is expected to spend around US$16.9 billion by 2019 for the upcoming projects. China, US and Russia are the top three countries by capital expenditure for projects by 2019.<br>For more information: http://bit.ly/1R3o7V6

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Propylene Capacity and Capital Expenditure Market Outlook

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  1. Channel sales partner Global Propylene Capacity and Capital Expenditure Outlook China and US to drive Propylene Industry Expansion Total Propylene Capacity by Region (mmtpa) 140 120 100 Capacity (mmtpa) 80 60 40 20 0 2009 2010 2012 2013 2014 2015 2016 2017 2018 2019 2011 Asia North America Europe Middle East South America Africa Oceania Source: GlobalData, Oil and Gas Petrochemicals Analytics [accessed December 9, 2015] Key Highlights Asia has 33 planned propylene projects, out of which China has 15 projects adding capacity of 6.26 mmtpa by 2019. China’s capital expenditure will be US$4.7 billion over the next five years. The US has 6 planned propylene projects with a total capacity of 3.52 mmtpa, slated to come online by 2019 with a capital expenditure of US$2.2 billion. Iran has 5 planned propylene projects, adding a capacity of 1.46 mmtpa by 2019. Iran’s capital expenditure will be US$1.1 billion over the next five years. click to purchase - http://www.jsbmarketresearch.com/chemicals/r-global-propylene-capacity-capital-expenditure-outlook-247528 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

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