60 Planned Projects Set to Push Global Propylene Capacity to New Levels by 2020, says GlobalData
- Global propylene capacity is forecast to experience strong growth, increasing from 111.8 million metric tons per annum (mmtpa) in 2015 to 129.8 mmtpa by 2020
- This growth will be driven by 60 planned projects slated to come online in the next five years, primarily in China and the US, says analyst
Global propylene capacity is set to experience strong growth over the next five years, increasing from 111.8 million metric tons per annum (mmtpa) in 2015 to 129.8 mmtpa by 2020, as around 60 planned projects are slated to come online over the period, according to research and consulting firm GlobalData. …