Insight
Coronavirus and petrochemicals – global propylene markets
Report summary
Wood Mackenzie examined the changes in demand due to the pandemic response for different polymer types. This insight assesses the impact of the polypropylene demand loss onto the second largest base chemical – propylene. We evaluate the short-term impact on global propylene production as well as identify key regions that will be most exposed to production loss. What will be the 2020 operating rate under the different scenarios? Which region will lose the most propylene production this year? How does the impact on the propylene market compare with ethylene?
Table of contents
- Base chemical modelling assumptions
- Scenario definition
-
Results
- Impact on global propylene production
- Regional impact
- Asia ex-China (26% of global propylene capacity)
- China (32% of global propylene capacity)
- North America (16% of global propylene capacity)
- Europe (11% of global propylene capacity)
- Asia is the region to watch
Tables and charts
This report includes 4 images and tables including:
- Global propylene production impact due to coronavirus (million tons, annualised)
- 2020 propylene production loss versus pre-coronavirus expectations in demand setback and shock scenarios
- Regional production loss by scenarios
- Regional change in operating rates by scenarios
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global Thermal Coal Strategic Planning Outlook H1 2024
Thermal coal demand in terminal decline though new project blood needed long-term
$10,000
Insight
Industry readying for another clash over US EPA’s carbon emissions rule
New emissions regulations for the power sector headed for litigation over agency's authority, impact on reliability
$1,100
Commodity Market Report
Global noble steel alloys short-term outlook April 2024
Wood Mackenzie's latest short-term view on the molybdenum, niobium and vanadium markets.
$5,000