#Propane Dehydration to Propylene Report
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Detailed Report on Propane Dehydration to Propylene Market | BIS Research
Propane dehydration to propylene is a chemical process in which propane (C₃H₈) is converted into propylene (C₃H₆) by removing hydrogen (H₂) molecules. This process typically occurs through catalytic dehydrogenation, where propane is passed over a catalyst, often chromium, platinum, or vanadium-based, at high temperatures (typically between 500°C and 700°C).
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The global propane dehydrogenation (PDH) to propylene market is projected to reach $22,721.2 million by 2031 from $10,314.6 million in 2022, growing at a CAGR of 9.2% during the forecast period 2022-2031.
Propane Dehydration to Propylene Overview
Propane dehydration to propylene, also known as propane dehydrogenation (PDH), is a key industrial process used to convert propane (C₃H₈) into propylene (C₃H₆), an essential building block in the petrochemical industry. Propylene is a vital raw material in the production of polypropylene plastics, acrylonitrile, propylene oxide, and other chemicals.
Chemical Reaction
The primary reaction in propane dehydrogenation is the removal of hydrogen atoms from propane to produce propylene and hydrogen gas:
C3H8→C3H6+H2C₃H₈ \rightarrow C₃H₆ + H₂C3H8→C3H6+H2
This is an endothermic reaction, meaning it requires the input of energy (in the form of heat) to proceed. The reaction typically takes place at high temperatures, generally between 500°C and 700°C, depending on the catalyst and reactor design used.
Catalysts Used in PDH Includes
Chromium Based Catalysts
Platinum Based Catalysts
Vanadium Based Catalysts
Bimetallic Catalysts
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Key factors influencing market growth include
Abundant availability of low cost propane feedstock especially from shale gas
Rapid Industrialization and expanding consumer markets
PDH technology is expected to play an increasingly central role in the global propylene supply chain, offering a more flexible and scalable solution for producers.
The PDH market is poised for long-term growth, supported by favorable economic conditions, strong demand drivers, and continued innovation in process and catalyst technology.
In the automobile industry, the demand for propylene derivatives such as propylene oxide and polypropylene is rising due to the increasing number of electric vehicles that are made from lightweight materials.
Market Segmentation
1 By Technology
CATOFIN
UOP Oleflex
Fluidized Catalytic Dehydrogenation (FCDh)
Steam Active Reforming (STAR)
Based on technology, the propane dehydrogenation (PDH) to propylene market is estimated to be led by the UOP Oleflex segment during the forecast period of 2022-2031.
2 By End Users
Automotive and Transportation
Construction
Packaging
Textile
Electrical and Electronics
Based on end users, the propane dehydrogenation (PDH) to propylene market is estimated to be led by the packaging segment during the forecast period of 2022-2031.
3 By Derivative
Polypropylene
Propylene Oxide
Acrylonitrile
Cumene
Alcohols
Based on derivative, the propane dehydrogenation (PDH) to propylene market is estimated to be led by the polypropylene segment during the forecast period of 2022-2031.
4 By Region
North America - U.S., Canada, and Mexico
Europe - Germany, France, Italy, Spain, Russia, and Rest-of-Europe
China
U.K.
Asia-Pacific and Japan - Japan, India, South Korea, ASEAN, and Rest-of-Asia-Pacific and Japan
In the global propane dehydrogenation (PDH) to propylene market, China and North America are anticipated to gain traction in terms of propane dehydrogenation (PDH) to propylene production, owing to the presence of the world’s largest manufacturers in those regions.
Demand Drivers and Limitations
Growing demand for propylene based products
Increased availability of shale gas
Sustainable and Circular Economy Initiatives
Petrochemical Demand
Fluctuation in Crude Oil Price
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Key Companies
• LyondellBasell Industries Holdings B.V.
• Borealis AG
• INEOS Group Limited
• GAIL (India) Limited
• Dow Chemical Company
• Koch Industries, Inc.
• Formosa Plastics Corporation
• KBR Inc.
Recent Developments in Propane Dehydrogenation (PDH) to Propylene Market
In March 2022, KBR and ExxonMobil Catalysts and Licensing collaborated on the advancements of propane dehydrogenation (PDH) technology. Under the collaboration, ExxonMobil's proprietary catalyst technology would be combined with KBR's proprietary K-PRO PDH technology to convert propane into propylene.
In January 2022, Hyosung Chemical started the production of propylene by PDH technology for the production of polypropylene units. Before the start-up of this plant, the polypropylene units were dependent on imported propylene.
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Conclusion
The propane dehydration to propylene (PDH) market has experienced significant growth, driven by increasing global demand for propylene, especially for downstream products like polypropylene, acrylonitrile, and propylene oxide.
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