Global Propylene Demand - 2015 to 2030

-

 • Propylene is among the largest produced petrochemicals in the world and has recently seen steady growth in demand






• It is expected to grow at an average of 3.4 % p.a. over the period 2022-2030
• Asia continues to dominate propylene consumption primarily due to the growth of the automotive and packaging sectors in developing countries such as China, South Korea, India and Japan

• In North America, the US holds the largest market share, with increasing demand from end-use industries such as automotive, construction and packaging sectors, as well as rapid production of shale gas

• The development of alternatives to propylene and the increasing usage of recycled materials in certain application sectors may hamper the propylene demand in market

Source:Adrian Masaon
Visit MY BLOG https://lnkd.in/fcSeK9e 

#propylene #naturalgas #petrochemicals #plastics #growth

Comments

Post a Comment

Popular posts from this blog

Today's KNOWLEDGE Share:PLA BOTTLE

-
Image
Today's KNOWLEDGE Share Ever wondered how we can reduce plastic pollution in India? The Mysuru-based Defence Food Research Laboratory (DFRL), affiliated with the DRDO, has launched an eco-friendly remedy with the introduction of biodegradable water bottles. Crafted from sustainable Polylactic acid (PLA) material, these bottles not only combat plastic waste but also contribute to reducing the overall carbon footprint. The best thing about this bottle is its all-encompassing sustainability approach – the bottle, cap, and label are all compostable. This innovation, derived from 100% bio-based and renewable sources, sets us on a path towards environmental conservation and fosters a greener and more sustainable future. Source:The Better India #polymers #bioplastics #pla   #compostable   #ecofriendly   #sustainability
Read more

Today's KNOWLEDGE Share:High and low shear rate changes in Rheology

-
Image
Today's KNOWLEDGE Share If a relatively high Mw grade flows from thin to thick, as shown in the picture, and if the time needed to fill the thick section is way shorter than the average polymer relaxation time, the polymer will not be able to reach its higher viscosity (corresponding to higher thickness/lower shear-rate). I am assuming here the polymer reached equilibrium low viscosity in the thin section, say for instance because it is much longer. Any pressure prediction not accounting for transient rheology would then overpredict the pressure to fill.Of course the diverging flow will further complicate the situation and mess with the molecular orientation created in the thin section, but to what extent ? Since this is more of a reasonable "conjecture", don't take this for granted, and discuss or share your opinion in the comments. There are hundreds of Rheology papers on the "4:1 contraction flow". Not sure I have ever seen any on the..."1:4 expansio
Read more

Today's KNOWLEDGE Share : biobased content of polycarbonate diols

-
Image
Today's KNOWLEDGE Share MCG increases biomass content of polycarbonate diols Mitsubishi Chemical Group (MCG) has introduced grades of its Benebiol biomass-based polycarbonate diols that have a higher biomass content. The product is primarily used in the manufacture of polyurethane resins for coatings in sectors such as automotive, furniture and outdoor products. It is also used in the production of artificial leather. Existing Benebiol grades had a bio-based content of 20-50%, but the new HSS and NLDS grades have a biomass content in excess of 80%. Some of its previous petroleum-derived grades have also been converted to biomass, as the NLS grades. This, the company said, allows it to offer bio-based grades of all its Benebiol products. The shift to biomass-based raw materials while maintaining high-quality functions will contribute to our customers’ efforts to achieve sustainable manufacturing. source:MCG/www.utech-polyurethane.com
Read more