
Global Propylene Oxide market 2024-2030
Description
Propylene oxide is a colorless volatile liquid which is in production on a large scale for industrial use. Propylene oxide market comprises of many diversified upstream players such as raw material suppliers; it also consists of many downstream players such as stakeholders, vendors, end users, and government organization.
Propylene oxide is used in some products such as packaging, footwear, furniture, construction, automobile. Propylene oxide is in use for molding, coating and its usage is as an adhesive too. Apart from dry products, it can also be used for liquid products such as latex paints, wetting agents, grease oil and lubricants.
The report on global propylene oxide market shows insights on the current market scenario by conducting over 280 hours of primary and secondary research. As per the report, global propylene oxide market is growing its area and effective sphere of influence very fast and is gaining popularity. This global propylene oxide market is expected to reach the levels of US $ xxxx billion dollars by the end of 2023, as compared to US $ xxxx billion dollars in 2018 registering an impressive growth rate of xx% annually.
The primary growth driver for propylene oxide market is a rapid increase of its use in the construction market that is building and infrastructure industry. Polyether polyols which are in a method for the production of polyurethane are said to have three fourth consumption globally of propylene; propylene oxide is a significant ingredient to produce polyurethane. Another reason for the growth of propylene oxide market is its use in automotive sector.
The factors that can stem the growth in the propylene oxide market are that it is highly toxic and thus is not good for human health as well as for our environment. Another reason that is affecting the growth is the fact that new alternatives are coming up and at the same time the raw materials which are required are quite expensive.
The major segments for the propylene oxide market are Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. In Europe, Germany and France are said to have rapid growth as they are reviving the construction market in their countries. Apart from that Asia Pacific is also supposed to be a significant marketplace for propylene oxide market as the investments in infrastructure segment is increasing in the developing countries. The Asia Pacific is said to grow with an increasing rate, whereas Europe and North America having significant shares in the market.
The key players present for the global propylene oxide market are The Dow Chemical Company, LyondellBasell Industries, Royal Dutch Shell, Huntsman Corporation, BASF, Asahi Glass Company, Repsol, Sumitomo Chemical Company, SKC Co, Tokuyama Corporation, Oltchim, PCC Rokita, PJSC Nizhnekamskneftekhim, Tianjin Dagu Chemical Co., and INEOS Oxide.
The research procedure starts with the bifurcation of different market segments of global propylene oxide market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global propylene oxide market value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (35%), Asia (30%), Europe (35%)
By designation:
Top level (40%), Operation level (30%), Mid-level (30%)
Contents of the report:
Propylene oxide is used in some products such as packaging, footwear, furniture, construction, automobile. Propylene oxide is in use for molding, coating and its usage is as an adhesive too. Apart from dry products, it can also be used for liquid products such as latex paints, wetting agents, grease oil and lubricants.
The report on global propylene oxide market shows insights on the current market scenario by conducting over 280 hours of primary and secondary research. As per the report, global propylene oxide market is growing its area and effective sphere of influence very fast and is gaining popularity. This global propylene oxide market is expected to reach the levels of US $ xxxx billion dollars by the end of 2023, as compared to US $ xxxx billion dollars in 2018 registering an impressive growth rate of xx% annually.
The primary growth driver for propylene oxide market is a rapid increase of its use in the construction market that is building and infrastructure industry. Polyether polyols which are in a method for the production of polyurethane are said to have three fourth consumption globally of propylene; propylene oxide is a significant ingredient to produce polyurethane. Another reason for the growth of propylene oxide market is its use in automotive sector.
The factors that can stem the growth in the propylene oxide market are that it is highly toxic and thus is not good for human health as well as for our environment. Another reason that is affecting the growth is the fact that new alternatives are coming up and at the same time the raw materials which are required are quite expensive.
The major segments for the propylene oxide market are Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. In Europe, Germany and France are said to have rapid growth as they are reviving the construction market in their countries. Apart from that Asia Pacific is also supposed to be a significant marketplace for propylene oxide market as the investments in infrastructure segment is increasing in the developing countries. The Asia Pacific is said to grow with an increasing rate, whereas Europe and North America having significant shares in the market.
The key players present for the global propylene oxide market are The Dow Chemical Company, LyondellBasell Industries, Royal Dutch Shell, Huntsman Corporation, BASF, Asahi Glass Company, Repsol, Sumitomo Chemical Company, SKC Co, Tokuyama Corporation, Oltchim, PCC Rokita, PJSC Nizhnekamskneftekhim, Tianjin Dagu Chemical Co., and INEOS Oxide.
The research procedure starts with the bifurcation of different market segments of global propylene oxide market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global propylene oxide market value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (35%), Asia (30%), Europe (35%)
By designation:
Top level (40%), Operation level (30%), Mid-level (30%)
Contents of the report:
- Insights on the global propylene oxide industry dynamics
- Current estimation of the global propylene oxide market size in terms of value and volume
- Global propylene oxide market breakup based on product type and application.
- Authenticated global propylene oxide market forecast for the next five years
- Comprehensive analysis of the key companies operating across different nodes of global propylene oxide industry value chain.
Table of Contents
- 1. Introduction
- Purpose of the report
- Research methodology
- Executive summary
- 2. Product Overview
- Product analysis
- Portfolio analysis of top companies
- Value chain analysis
- Market dynamics
- 3. Global Market Analysis
- Global propylene oxide market size (2024–2030)
- By value
- By volume
- Global propylene oxide market share (2024–2030)
- oBy product type
- By application
- By company
- By geography
- 4. North America Market Analysis
- North America propylene oxide market size (2024–2030)
- By value
- By volume
- North America propylene oxide market share (2024–2030)
- oB y product type
- By application
- By company
- By geography
- 5. Europe Market Analysis
- Europe propylene oxide market size (2024–2030)
- By value
- By volume
- Europe propylene oxide market share (2024–2030)
- oB y product type
- By application
- By company
- By geography
- 6. Asia-Pacific Market Analysis
- Asia-Pacific propylene oxide market size (2024–2030)
- By value
- By volume
- Asia-Pacific propylene oxide market share (2024–2030)
- oB y product type
- By application
- By company
- By geography
- 7. Middle East Market Analysis
- Middle East propylene oxide market size (2024–2030)
- By value
- By volume
- Middle East propylene oxide market share (2024–2030)
- oBy product type
- By application
- By company
- By geography
- 8. Africa Market Analysis
- Africa propylene oxide market size (2024–2030)
- By value
- By volume
- Africa propylene oxide market share (2024–2030)
- oBy product type
- By application
- By company
- By geography
- 9. Latin America Market Analysis
- Latin America propylene oxide market size (2024–2030)
- By value
- By volume
- Latin America propylene oxide market share (2024–2030)
- oBy product type
- By application
- By company
- By geography
- 10. Competitive Intelligence
- The Dow Chemical Company
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 2
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 3
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 4
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 5
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 6
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 7
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 8
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 9
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- 11. Appendix
- Primary research breakup
- List of interview participants
- Discussion guide
- Interview transcript
- About Market Krystal team
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