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The latest report on Propylene oxide Market by Infinium Global Research gives complete coverage of the Propylene oxide Market
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Size & Forecasts up to 2023
The latest report on Propylene oxide Market by Infinium Global Research gives complete coverage of the
Propylene oxide Market by application(propylene glycol, polyether polyols, di-propylene glycol, ethers),
production process (chlorohydrin, propylene oxide, propylene oxide butyl alcohol, propylene oxide ,styrene
monomer, hydroperoxide process) in terms of key trends, market size, forecast and CAGR growth over the period
of 2017 to 2023. In addition, the study covers deep dive into key product and applications trends in the regional
markets of Propylene oxide such as North America, Europe, Asia-Pacific and Latin America over the short run and
Browse Research Report:
The global propylene oxide market was sized over USD XX billion in 2015. The global propylene oxide market is
projected to grow with a CAGR between 3.0% and 3.5%. Increasing demand for polyether polyols, which is mainly
used in the production of polyurethanes and for several end user applications such as packaging,footwear,
construction and furniture is the prime factor driving the growth of global propylene oxide market. Furthermore,
huge demand for propylene glycol as a construction chemical to be used in paints, adhesives, waterproofing
material and coatings will drive the propylene oxide market globally over the forecast period.
Moreover, rising demand for polyurethanes in the automotive industry, sealants and thermal industries which in
turn drive the global propylene oxide market as polyurethanes are manufactured using propylene oxide.
However, toxic nature of propylene oxide and volatility in raw material prices required for the manufacturing of
propylene oxide are the key factors restraining the growth of global propylene oxide market over the forecast
period. Nevertheless, rapid industrialization linked with increasing disposable income and growing manufacturing
base in developing economies will bring more opportunities to the global propylene oxide market. Hence,
emerging substitutes for propylene oxide such as alkylene carbonate will be the major challenge faced by the
global propylene oxide market over the forecast period.
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The report segments the propylene oxide market by application, by production process and by region. Market
segmentation based on application includes propylene glycol, polyether polyols, di-propylene glycol, glycol ethers
and others. Moreover, the global propylene oxide market based on production process is segmented into
chlorohydrin process, propylene oxide only cumene-based process, propylene oxide (PO)/tertiary
butylalcohol(TBA) process, propylene oxide (PO)/styrene monomer (SM) process, hydroperoxide process and
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, Latin
America and Rest of the World. In this section the key trends and market size for each geography is provided over
the period of 2017 – 2023.
Asia Pacific is the largest region in propylene oxide market owing to more than 60% market share and is likely to
continue its dominance due to rapid growth in construction and automotive industry. Moreover, Asia Pacific is
likely to grow at the highest CAGR rate over the forecast period due to increasing production capacity in
polyurethanes and high availability of raw materials for the production of propylene oxide especially in China and
India. Followed by Asia Pacific, North America and Europe was accounted as the second largest market in terms
of consumption of propylene oxide. Moreover, North America is likely to witness significant growth due to
increasing automotive and electronic industry across the region. However, Europe is expected to grow
moderately due to stringent environment & safety regulation and economic slowdown. Nevertheless, RoW and
Latin America propylene oxide market is likely to witness a substantial boom due to developing infrastructure and
increasing end use industries especially in economies such as Brazil, Mexico and Middle East.
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The companies covered in the report include LyondellBasell Industries, The Dow Chemical Company, Asahi Glass
Company Ltd., BASF SE, Royal Dutch Shell, Huntsman International LLC, SABIC, Repsol, Balchem, INEOS Group
Ltd., Nihon Oxirane Company Ltd., Tokuyama Corp. and Manali Petrochemical Limited.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In
addition, this report provides insights on the factors that are driving and restraining the demand of propylene
oxide globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on
the investment areas that existing or new market players can consider. The report provides insights into the
market using analytical tools such as Porter’s five forces analysis and value chain analysis of propylene oxide.
Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have
highlighted future trends in the propylene oxide market that will impact the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an insight on the market share of the
leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the
market. This report will help manufacturers, suppliers and distributors of the propylene oxide market to
understand the present and future trends in this market and formulate their strategies accordingly.
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choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market
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