Propylene Oxide Market, by Application (Polyether Polyols, Propylene Glycol, Glycol Ethers, Others), Production Process (Chlorohydrin Process, Styrene Monomer Process, Hydrogen Peroxide Process, TBA Co-Product Process, Cumene-based Process), End-use Industry (Automotive, Building & Construction, Textile & Furnishing, Chemical & Pharmaceutical, Packaging, Electronics, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
Propylene oxide is an organic colorless volatile liquid which has large scale industrial applications. It is used for production of polyether Polyols that are used for making polyurethane plastics.
Polyurethane plastics are used in various industries such as automobile, furniture, packaging, footwear, and construction. They are also used in thermal insulators, sealants, and flooring materials.
The rise in demand for polyurethane plastics is increasing the Propylene oxide market . This report studies the current and future aspects of the propylene oxide market.
The report on the global Propylene oxide market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions.
It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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The global propylene oxide market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of the propylene oxide market.
The region continues to dominate the global market due to increase in various industries such as automotive, construction, packaging, textile, furniture, and footwear. Also, there is an increase in awareness across varied industries in India, China, and Japan, about the benefits of using polyurethane foams which is contributing towards the growth of the propylene oxide market in this region.
Overall, companies worldwide are entering into mergers and joint ventures which is opening newer growth opportunities and is helping the market develop wider distribution network.
This report analyzes the propylene oxide market by the following segments:
- Propylene Oxide Market, by Application
- Polyether Polyols
- Propylene Glycol
- Glycol Ethers
- Propylene Oxide Market, by Type of Production Process
- Chlorohydrin Process
- Styrene Monomer Process
- Hydrogen Peroxide Process
- TBA Co-Product Process
- Cumene-based Process
- Propylene Oxide Market, by End-use Industry
- Building & Construction
- Textile & Furnishing
- Chemical & Pharmaceutical
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