Propylene Trimer Market
Propylene Trimer Market Analysis by Application (Chemical Intermediates, Plasticizer, Additive, Lubricant Antioxidants), by Region - Global Forecast 2019 to 2029
Analysis of Propylene Trimer Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Propylene Trimer Market: Introduction
Propylene trimer, also known as nonene is branched olefin or Tripropylene, manufactured from propylene by the process of polymerization. Propylene trimer is used in a range of applications such as chemical intermediates, in PVC (polyvinyl chloride) wires and cables as a plasticizer, as an antioxidant in lubricants, and as surfactants to mention a few.
It is used as a plasticizer in PVC wires and hose pipes to provide extra flexibility to them. In addition, propylene trimer is also a feedstock to manufacture chemical intermediates like isodecyl alcohol, alkylphenols, neodecanoic acid, and diphenylamine, etc.
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Propylene Trimer Market: Dynamics
Since, propylene trimer is used as a building block to produce several chemical intermediates such as iso-decanol, neodecanoic acid, nonyl mercaptan, nonylated diphenylamine, nonylphenol, ethoxylates, etc., its growth is in sync with the growth of final product propylene trimer is used to produce.
The global market for propylene trimer market is significantly driven by Iso-decanol as its accounts for more than 50% of the global propylene trimer market. Iso-decanol is set to dominate the propylene trimer market during the forecast period attributed to its range of applications such as detergents, cleaners, and lubricating oils as an antioxidant.
A close correlation in demand for propylene trimers is also reported to be with the performance of PVC wires and cable sales and lubricant industry performance. The propylene trimer market is to witness significant growth over the forecast period due to its increasing use as a chemical intermediate to produce surfactants and emulsifiers, as an additive for lubricants, and as a plasticizer in plastics and rubbers.
The growing demand for lubricants in the automotive industry and industrial applications is set to propel the propylene trimer market during the forecast period owing to antioxidant properties.
Furthermore, increasing the use of propylene trimers as plasticizers will also propel the market over the forecast period as it improves the flexibility, softness, and volatility of polyvinyl chloride materials. Government norms and regulations are also likely to push the market of propylene trimer market over the forecast period. For instance,
Europe is taking significant steps to prevent the leakage of plastics into the environment by recycling all plastic packaging. As per the published report by the Association of Plastics Manufacturers in Europe in 2018, the goal is to reuse 60% of plastic packaging By 2030, And 100% reuse of plastic packaging by 2024 from the whole Europe.
Propylene Trimer Market: Regional Outlook
The report on the global propylene trimer market covers six major regions that include North America, Europe, Latin America, East Asia, South Asia & Oceania, and MEA. Europe dominates the propylene trimer market with more near ~30-35% of the global market followed by North America. Europe and North America both accounts for more than ~50 of global propylene trimer producer.
Initiatives taken by the European government to recycle the plastic wastes will spur the use of propylene trimer and will propel the market over the forecast period in this cluster. Asia-Pacific holds a significant share in the global propylene trimer market and is set to create substantial opportunities over the forecast period.
Asia is expected to account almost half of the worldwide demand of lubricant, which will spur the demand for propylene trimer over the forecast period. Furthermore, the Middle East and Africa will also create lucrative opportunities owing to its new infrastructure developments, growing in industry and projects will create new opportunities in propylene trimer market during the forecast period.
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Propylene Trimer Market: Key Players
Prominent players in the global propylene trimer market are
- Exxon Mobil Corporation
- Shell
- Braskem
- TPC Group
- PJSC “Nizhnekamskneftekhim”
- PBF Energy
- Suncor Energy Inc
- Jiangsu Jiafeng Chemical
The propylene trimer market consists of well-diversified global and regional players with global vendors ruling the market.
The research report presents a comprehensive assessment of the propylene trimer market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The propylene trimer market report provides analysis and information, according to market segments such as geographies, source, type, and application.
The Propylene Trimer Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
The Propylene Trimer Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (UK, Germany, Spain, France, RoE)
- East Asia (China, Japan, South Korea)
- South Asia & Oceania (India, ASEAN, ANZ, Rest of South Asia & Oceania)
- MEA (GCC Countries, South Africa, Turkey, Rest of MEA)
The propylene trimer report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The propylene trimer report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The propylene trimer report also maps the qualitative impact of various market factors on market segments and geographies.
Propylene Trimer Market: Segmentation
The global Propylene trimer market is bifurcated into two major segments: application and region.
On the basis of application, the global propylene trimer market is divided into:
- Chemical intermediates
- Isodecyl Alcohol
- Nonylphenol
- Neodecanoic Acid
- Plasticizer
- Additive
- lubricant antioxidants
- Others
Based on region, the global propylene trimer market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa (MEA)
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Application 7. Global Market Analysis and Forecast, By Application 7.1. Chemical intermediates 7.2. Plasticizer 7.3. Additive 7.4. lubricant antioxidants 7.5. Others 8. Global Market Analysis and Forecast, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. East Asia 8.6. South Asia & Pacific 8.7. MEA 9. North America Sales Analysis and Forecast, by Key Segments and Countries 10. Latin America Sales Analysis and Forecast, by Key Segments and Countries 11. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 12. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 13. East Asia Sales Analysis and Forecast, by Key Segments and Countries 14. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 15. MEA Sales Analysis and Forecast, by Key Segments and Countries 16. Sales Forecast by Application for 30 Countries 17. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 18. Company Profile 18.1. Exxon Mobil Corporation 18.2. Shell 18.3. Braskem 18.4. TPC Group 18.5. PJSC “Nizhnekamskneftekhim” 18.6. PBF Energy 18.7. Suncor Energy Inc 18.8. Jiangsu Jiafeng Chemical
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Application
Table 3: North America Market US$ Mn Forecast by Country
Table 4: North America Market US$ Mn Forecast by Application
Table 5: Latin America Market US$ Mn Forecast by Country
Table 6: Latin America Market US$ Mn Forecast by Application
Table 7: Western Europe Market US$ Mn Forecast by Country
Table 8: Western Europe Market US$ Mn Forecast by Application
Table 9: Eastern Europe Market US$ Mn Forecast by Country
Table 10: Eastern Europe Market US$ Mn Forecast by Application
Table 11: East Asia Market US$ Mn Forecast by Country
Table 12: East Asia Market US$ Mn Forecast by Application
Table 13: South Asia & Pacific Market US$ Mn Forecast by Country
Table 14: South Asia & Pacific Market US$ Mn Forecast by Application
Table 15: MEA Market US$ Mn Forecast by Country
Table 16: MEA Market US$ Mn Forecast by Application
Table 17: North America Market US$ Mn Forecast by Country
Table 18: North America Market US$ Mn Forecast by Application
Table 19: Latin America Market US$ Mn Forecast by Country
Table 20: Latin America Market US$ Mn Forecast by Application
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 3: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 5: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 6: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 8: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 10: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 12: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 14: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 15: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 16: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 18: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 20: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
Where can propylene trimer manufacturers find more growth opportunities?
Over the projection period, Asia Pacific is anticipated to account for around half of global lubricant demand, driving up demand for propylene trimers.
Who are the top propylene trimer producers?
Exxon Mobil Corporation, Shell, Braskem, and TPC Group are some of the top companies operating in the market.
How is propylene trimer manufactured?
Tripropylene, commonly known as propylene trimer or nonene, is a branched olefin that is produced by polymerizing propylene.
Propylene Trimer Market