Propane Dehydrogenation (PDH) to Propylene Market Overview
The global propane dehydrogenation (PDH) to propylene market is estimated to reach $22,721.2 million in 2031, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 9.2% during the forecast period 2022-2031.
Propane dehydrogenation (PDH) technology is used to produce high-purity polymer-grade propylene from a propane-rich stream. The process comprises two steps, i.e., dehydrogenating the hydrocarbon feed and removal of the hydrogen that is being formed by a specific dehydrogenation reaction.
USP of the Report
• Extensive competitive benchmarking of 20 key players done to offer a holistic view of the propane dehydrogenation (PDH) to propylene market landscape
• Market segregation based on technology, derivative, and end user
• List of key operating and upcoming plants with capacities
• Key developments in the end-user industry
• Supply chain analysis
• Pricing analysis with cost break-up
• Product benchmarking
• Investment landscape, including product adoption scenario and patent analysis
Analyst Perspective
According to Sachin Singh, Lead Analyst of the report, “Propane dehydrogenation (PDH) is one of the most efficient technologies used in the production of propylene. The increased gap between propylene demand and supply on the back of increased demand for propylene derivatives from the end users and limited production of propylene as a by-product in ethylene production is expected to bolster the demand for PDH to propylene in the long run. Various PDH to propylene players are expanding their production capacities to cater to the increasing demand from end users and achieve a competitive edge.”
Key Companies Operating in The Market
Key players in the propane dehydrogenation (PDH) to propylene market analyzed and profiled in the study involve propane dehydrogenation (PDH) to propylene producers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the propane dehydrogenation (PDH) to propylene market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
The key players profiled in the report include LyondellBasell Industries Holdings B.V., INEOS Group Limited, Dow Chemical Company, Borealis AG, Formosa Plastics Corporation, Jinneng Science and Technology Company Limited, KBR Inc., GAIL (India) Limited, Hyosung Chemical, PJSC SIBUR Holding, Ascend Performance Materials, Shanghai Huayi (Group) Company, Williams, Enterprise Products Partners L.P., Oriental Energy Co. Ltd., Koch Industries, Inc., Shaanxi Yanchang Petroleum (Group) Co., Ltd., Tianjin Bohai Chemical Industry Group, Zhejiang Shaoxing Sanyuan Petrochemical Co., Ltd., and BASF SE.
Key Questions Answered in the Report/h3>
• Which factors are driving the growth of propylene production by PDH technology and why major players are inclined towards utilizing PDH technology?
• Which are the leading technology, derivatives, and end users in the market, and how are they going to perform in the coming years?
• What are the steps taken by the existing players to improve/maintain their market positioning, and what are some of the key strategies adopted by new players entering this market space?
• What is the impact of feedstock price fluctuation on the propane dehydrogenation (PDH) to propylene market?
• How does the propane dehydrogenation method benefit propylene production over steam cracking, refinery, and other processes?
• How does the supply chain function in the global propylene market? Which countries are major importers and exporters of propylene?
• What is the production cost break-up of propylene manufactured by the PDH method?
• Which are the major companies in the PDH to propylene market? What are the installed or upcoming capacities of these companies?
Get the full report:
Propane Dehydrogenation (PDH) to Propylene Market Research Report
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