Global Propane Dehydrogenation (PDH) to Propylene Market Research Report: Forecast (2024-2030)

Propane Dehydrogenation (PDH) to Propylene Market Report - By Technology (CATOFIN, UOP Oleflex, Fluidized Catalytic Dehydrogenation (FCDh), Steam Active Reforming (STAR), Fluidized...... Bed Technology (K-Pro)), By End-User (Small & Medium-scale PDH Plants (0.1-0.6 metric tons per year), Large-scale PDH Plants (>0.6 metric tons per year)), and Others Read more

  • Chemicals
  • Jun 2024
  • 187
  • PDF, Excel, PPT

Market Definition

Propane Dehydrogenation (PDH) to propylene is referred to as the process of the conversion of propane into propylene through the removal of hydrogen atoms. It takes place through PDH Technology rather than steam cracking of hydrocarbons to produce on-purpose propylene.

Market Insights & Analysis: Global Propane Dehydrogenation (PDH) to Propylene Market (2024-30):

The Global Propane Dehydrogenation (PDH) to Propylene Market size is estimated to grow at a CAGR of around 9.20% during the forecast period, i.e., 2024-30. The factor attributing to the growth of the PDH to propylene technology is the rising demand for on-purpose propylene. Conventionally, propylene was synthesized as the by-product of petroleum refining and ethylene production processes such as steam cracking, Fluid Catalytic Cracking (FCC), etc.

Due to this, propylene production was heavily reliant on the operating environment, feedstock order, and the efficiency of these processes. The dependence on the feedstock had positioned propylene manufacturing at risk, causing a gap in the demand & supply of propylene in the past few years. Therefore, to mitigate the reliance on the feedstock & the running environment, the chemical companies BASF, Dow Chemicals, and many others have been choosing the PDH era for on-purpose propylene manufacturing.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 9.20%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, Japan, South Korea, India, Australia, Rest of Asia Pacific
Middle East & Africa: The UAE, Saudi Arabia, South Africa, Rest of the Middle East & Africa
Key Companies Profiled LyondellBasell Industries Holdings B.V., INEOS Group Limited, Dow Chemical Company, Borealis AG, Formosa Plastics Corporation, Jinneng Science and Technology Co. Ltd., KBR Inc., GAIL Limited, Hyosung Chemical, Lummus Technology LLC, Ascend Performance Materials, Shanghai Huayi (Group) Company, Enterprise Products Partners L.P., Oriental Energy Co. Ltd., PJSC SIBUR Holding, and others
Unit Denominations USD Million/Billion

 

In addition, the PDH to propylene technology gives blessings, including better propylene yield, flexibility for feedstock, and so on., over the conventional propylene manufacturing techniques. Thus, this modern technology has become a more favorable solution for the direct conversion of propane to propylene, thus augmenting the volume of the Global Propane Dehydrogenation (PDH) to Propylene Industry.

Furthermore, the infrastructural development in regions such as the Middle East, Asia-Pacific, and others, as part of their growth strategies, has been augmenting the requirement for heavy & medium commercial vehicles such as haul & dump trucks. These vehicles are necessarily required for building & construction material transportation; as a result, their demand has been increasing significantly. This burgeoning demand for commercial vehicles has led to the set up the new automotive plants in countries such as India, China, etc., which has consequently facilitated the requirement for propylene & its derived products since these chemicals are used for manufacturing the critical elements of automotive vehicles such as bumpers, dashboards, interior trims, and fuel systems, among others. Therefore, the increasing demand for propylene from the automotive sector has been propelling petrochemical groups like Fuzhou Petrochemical Complex, Zhenhua Petrochemical Co. Ltd., and others to amplify their propylene production potential and opt for the PDH technology.

This growing inclination of petrochemical corporations to cater to the rising demand for propylene by automotive OEMs such as Tata Motors, Honda, etc., has contributed to the growth of the Global Propane Dehydrogenation (PDH) to Propylene Market. Further, as the demand in the automotive sector continues to upscale, it will result in a surging requirement for PDH technology in the forthcoming years.

  1. Market Segmentation
  2. Introduction
    1. Market Definition
    2. Research Process
    3. Assumption
  3. Executive Summary
  4. Global Key Operating and Upcoming Propane Dehydrogenation to Propylene Plants, By Country
  5. Global Evolution of Propane Dehydrogenation Technology, 1990-2024     
  6. Global Propylene Industry Outlook, 2024
    1. Traditional Technology Used
    2. Global Production
    3. Global Consumption
  7. Global Propane Dehydrogenation (PDH) to Propylene Market Trends & Insights
  8. Global Propane Dehydrogenation (PDH) to Propylene Market Dynamics
    1. Growth Drivers
    2. Challenges
  9. Global Propane Dehydrogenation (PDH) to Propylene Market Hotspot & Opportunities
  10. Global Propane Dehydrogenation (PDH) to Propylene Market Supply Chain Analysis
  11. Global Propane Dehydrogenation (PDH) to Propylene Market Regulation & Policy
  12. Global Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019- 2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology
        1. CATOFIN -  Market Size & Forecast 2019-2030, (USD Million)
        2. UOP Oleflex- Market Size & Forecast 2019-2030, (USD Million)
        3. Fluidized Catalytic Dehydrogenation (FCDh)- Market Size & Forecast 2019-2030, (USD Million)
        4. Steam Active Reforming (STAR)- Market Size & Forecast 2019-2030, (USD Million)
        5. Fluidized Bed Technology (K-Pro)- Market Size & Forecast 2019-2030, (USD Million)
      2. By End-User
        1. Small & Medium-scale PDH Plants (0.1-0.6 metric tons per year)- Market Size & Forecast 2019-2030, (USD Million)
        2. Large-scale PDH Plants (>0.6 metric tons per year)- Market Size & Forecast 2019-2030, (USD Million)
      3. By Region
        1. North America
        2. Europe
        3. The Middle East & Africa
        4. Asia-Pacific
      4. By Company
        1. Competition Characteristics
        2. Revenue Shares
  13. North America Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019- 2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
      2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
      3. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    4. Canada Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    5. Mexico Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
  14. Europe Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019- 2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
      2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
      3. By Country
        1. The UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    3. The UK Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    4. Germany Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    5. France Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    6. Italy Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    7. Spain Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
  15. The Middle East & Africa Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019- 2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
      2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
      3. By Country
        1. Saudi Arabia
        2. The UAE
        3. South Africa
        4. Rest of The Middle East & Africa
    3. Saudi Arabia Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    4. The UAE Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    5. South Africa Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
  16. Asia-Pacific Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019- 2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
      2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
      3. By Country
        1. China
        2. Japan
        3. South Korea
        4. India
        5. Australia
        6. Rest of Asia-Pacific
    3. China Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    4. Japan Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    5. South Korea Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    6. India Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
    7. Australia Propane Dehydrogenation (PDH) to Propylene Market Outlook, 2019-2030
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Size & Analysis
        1. By Technology- Market Size & Forecast 2019-2030, (USD Million)
        2. By End-User- Market Size & Forecast 2019-2030, (USD Million)
  17. Global Propane Dehydrogenation (PDH) to Propylene Market Key Strategic Imperatives for Success & Growth
  18. Competitive Outlook
    1. Company Profiles
      1. KBR Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Ascend Performance Materials
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Oriental Energy Co. Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Enterprise Products Partners L.P.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Shanghai Huayi (Group) Company
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Lummus Technology LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. PJSC SIBUR Holding
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Hyosung Chemical
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. GAIL Limited
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Jinneng Science and Technology Company Limited
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Formosa Plastics Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Borealis AG
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Dow Chemical Company
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      14. INEOS Group Limited
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      15. LyondellBasell Industries Holdings B.V.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      16. Others
  19. Disclaimer


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