The demand for propylene products in the world is booming
it is estimated that the annual average increase rate of the demand for propylene downstream products in the world will be 5.6% in, and the total demand in 2006 will reach 49.05 million tons, a net increase of 13.63 million tons over 2000. In the same period, the supply gap in Asia expanded from 400000 tons to 1.9 million tons, while the supply-demand gap in China expanded from 1.9 million tons to 3.1 million tons
among the downstream products of propylene, there is a strong demand for polypropylene and acrylonitrile. In particular, polypropylene needs to help "made in China 2025" to be 6.1% higher than the overall average level. The average annual growth rate of demand in Asia is 5.6%, that in North America is 5.8%, and that in Western Europe is 3.8%. Compared with 2000, the demand for propylene downstream products in China increased by 3.3 million tons, the United States increased by 3 million tons, and India increased by 800000 tons, with an average annual growth rate of 8.8%. While Japan's demand in 2000 was 3.65 million tons, which decreased to 3.36 million tons in 2001, and is expected to increase by 1.2% annually
The production capacity of propylene derivatives in the world will increase from 43.6 million tons to 51.46 million tons inyears, with an average annual increase of 2.8%. According to the plan of adding new devices, the Middle East increased from 1.1 million tons to 2.4 million tons, an increase of 14.9%. The new capacity in Asia will reach 3.4 million tons, an increase of 3.5% Im2 style (already exhibited at plast2018 exhibition in Milan) 2%. China is the country with the highest growth rate of production capacity. In the same period, the capacity will increase from 3.7 million to 6.2 million. The investment received later makes the total financing reach 28.56 million pounds, with an average annual growth rate of 9.2%. Japan's average annual growth rate is only 2.2%
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