2020 Global Ethylene Market and Propylene Industry Research Analysis by TBRC
PRNewswire is a press release distribution service. On Mar 02, 2020 released an article on the global propylene market, sourced from TBRC`S Global Propylene Market report. Stringent safety regulations associated with the manufacturing and transportation of propylene was a major restraint on the market. Propylene is highly inflammable, toxic and hazardous when exposed to extreme temperatures and pressures. Propylene suppliers should invest in equipment, technologies and processes to limit the toxic levels and chemical concentrations. These regulations increased the operating costs of companies in the propylene industry, thus limiting the scope for investments relating to the launch of new products and expansion into new markets, thereby affecting the market growth.