Global Propylene Oxide Market Research Report 2025 Observational Studies with Key Vendors like LyondellBasell Industries Holdings B.V., The Dow Chemicals
Global Propylene Oxide Market report says that the market is greatly transforming because of the moves of the key players and brands including developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of industry. This market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. The base year for calculation in the report is considered as 2017 while the historic year is 2016 which suggests how the Global Propylene Oxide Market is going to perform in the forecast years by informing you about the market definition, classifications, applications, and engagements.
The global propylene oxide market accounted for USD 13.51 billion in 2017 and is projected to grow at a CAGR of 5.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Propylene Oxide Market, By Production Process (Chlorohydrin, Styrene Monomer, TBA Co-Product, Hydrogen Peroxide, Cumene-Based), By Application (Polyether Polyols, Propylene Glycol, Glycol Ethers, Others) By End-user (Automotive, Building & Construction, Chemical & Pharmaceutical, Textile & Furnishing, Packaging, Electronics, Others)– Industry Trends and Forecast to 2025
Major Market Competitors:
Some of the major players in propylene oxide market LyondellBasell Industries Holdings B.V., The Dow Chemicals, SK Chemicals, Royal Dutch Shell, Sumitomo Chemical Co., Ltd., BASF SE, Huntsman International LLC., AGC Chemicals, Repsol, CSPC Pharmaceutical Group Limited, Air Liquide, Air Products and Chemicals, Inc., China Petrochemical Corporation, Eastman Chemical Company, Mitsui Chemicals, Inc., LOTTE CHEMICAL CORPORATION, PetroChina International Co., Ltd., Ineos Group Limited, Tokuyama Corporation, Hanwha Group and many more.
The Global Propylene Oxide Market report is a professional and a detailed market study focusing on primary and secondary drivers, market share, leading segments and geographical analysis. The leading players of the Global Propylene Oxide Market are making moves like product launches, joint ventures, developments, mergers and acquisitions which is affecting the market and ABC Industry as a whole and also affecting the sales, import, export, revenue and CAGR values. This market report also includes a comprehensive evaluation of the market’s growth prospects and restrictions. Besides, the Global Propylene Oxide Market report provides insights into revenue growth and sustainability initiative.
Propylene oxide is a highly reactive chemical intermediate used, for the most part, in the manufacture of polyether polyols for urethanes, propylene glycols, glycol ethers, 1,4-butanediol, and polyalkylene glycols for a variety of chemical intermediates and functional fluids. There is a growing demand for propylene oxide in automotive, building & construction, chemical & pharmaceutical, textile & furnishing, packaging and electronics industrial activates, which is expected to be one of the major drivers of the market over the next seven years.
The global propylene oxide market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
The propylene oxide market is segmented on the basis of production process into chlorohydrin, styrene monomer, TBA co-product, hydrogen peroxide and cumene-based.
On the basis of application, the market is segmented into polyether polyols, propylene glycol, glycol ethers, and others.
On the basis of end-user, the market is segmented into automotive, building & construction, chemical & pharmaceutical, textile & furnishing, packaging, electronics and others.
On the basis of geography, the propylene oxide market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Major Market Drivers:
- Rising demand for propylene oxide from end-use industries
- Demand for polyether polyols for the production of polyurethanes
- Toxicity of propylene oxide
- New bio-based feedstock for polyurethane
- Price volatility of raw materials
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