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The Propylene Oxide Market was valued at USD 20.97 Billion in 2023 and is expected to reach USD 34.75 Billion by 2032, growing at a CAGR of 5.79% over the forecast period 2024-2032.
The propylene oxide market is growing at a notable rate due to the following factors. One of the key factors driving the market is the rising consumption of polyether polyols utilized in making polyurethane foams. These foams are used in a very wide range of industries, such as automotive, construction, and furniture. With an increasing demand for lightweight materials and energy-efficient solutions, especially among the automotive and construction industries, the demand for propylene oxide, a key raw material used to produce polyether polyols, is also expected to grow. Moreover, it is used as an intermediate in the production of propylene glycol that is used in food, pharmaceutical, and cosmetic products which drives the market growth. Polyether polyols represent 67% of global propylene oxide consumption in 2023, mostly for polyurethane foams. Automotive was the largest consumer at 30-35%, primarily for use in vehicle interiors. With industrial activity strong in China and India, the Asia-Pacific market dominated with a greater than 45% share of global consumption. For propylene glycol, a derivative of propylene oxide, 25–30% of the market demand was for use in the pharmaceutical, food, and cosmetic industries.
The emergence of end-use areas requiring propylene oxide growth is often scrutinized for factors driving sustainable manufacture of propylene oxide arenas, in addition, the development of cleaner, more efficient production processes is expected to create major opportunities for the propylene oxide market. The hydrogen peroxide process is also gaining more widespread use among chemical processes for the production of epichlorohydrin because it is regarded as more environmentally friendly than the traditional chlorohydrin process. In addition, with emerging markets rising, and, specifically, Asia Pacific countries industrializing and urbanizing quickly, the demand for propylene oxide is also increasing. Increasing demand for consumer goods, chemicals, and automotive products, which use a significant amount of propylene oxide, in these regions is contributing to market growth. The Hydrogen Peroxide Propylene Oxide (HPPO) process has accounted for over 40% of global propylene oxide production, owing to a lower environmental impact than the chlorohydrin process, which still accounts for 60% of production in areas lacking HPPO adoption. Polyurethanes, via polyether polyols, account for 50% of total global propylene oxide demand, and then propylene glycol, an oxygenate used in antifreeze and plastics as well as cosmetics, accounts for 25% of its consumption.
KEY DRIVERS:
Sustainable Shift Drives Growth of Bio-based Propylene Oxide with Reduced Emissions and Consumer Demand.
Growing trends for bio-based content and eco-friendly products are two of the prominent drivers aiding the growth of the propylene oxide market as well as producing bio-based propylene oxide is some key innovative aspects in this market recently. With growing attention on sustainability in industries around the world, innovation in sustainable chemistry for greener products creates a trend for using eco-conscious alternatives in manufacturing settings. A good example of an industrial chemical starting to be made from more sustainable sources is propylene oxide, a widely used feedstock in the manufacture of polyether polyols and propylene glycol. Using renewable resources like glycerol to produce bio-based propylene oxide is emerging as a more sustainable alternative than the current methods. The need for bio-based solutions is a result of both regulatory, as well as consumer demand for greener products. Due to the need to mitigate carbon emissions, the eco-friendly propylene oxide market is continuously developing as various players tend to scale out their bio-based results, according to the (R&D) rate. Propylene oxide is presently performed using petrochemicals, but the use of sustainable alternatives such as glycerol is bringing bio-based propylene oxide to the scene with 25–30% lesser carbon emissions by using renewable assets. More than 10% of propylene oxide production in the world is bio-based, and the percentage is on the rise. The change is fueled by consumers, with 72% willing to pay extra for sustainability. Moreover, green versions yield 30% less greenhouse gas emissions than the chlorohydrin process used today.
Rising Automotive Production and Electric Vehicle Growth Drive Demand for Propylene Oxide in Foams.
Another key driver is the increasing automotive industry and rising consumption of propylene oxide derivative products for automotive applications. Propylene oxide goes into making polyurethane foams for car interiors, such as seat cushions, headliners, and insulation materials. Polyurethane foams have witnessed a surge in demand due to a complimentary global automotive focus towards fuel-efficient, low-emission vehicles that are increasingly built out of lightweight material. Since propylene oxide is a key raw material in the manufacture of these foams, this friction directly boosts the demand for it. In addition, the rising use of electric vehicles (EVs) that require dedicated components including lightweight seating, insulation, etc. is additionally fueling propylene oxide demand. Propylene oxide is still experiencing sustainable demand driven by the electric mobility boom and the global automotive market driving propylene oxide demand more prominent in regions like North America and Asia Pacific. Worldwide automotive production increased from 15 M vehicles in 2010 to 28 M in 2022 fueling propylene oxide demand in polyurethane foams. With the number of electric vehicles (EVs) more than doubling to over 26 million in 2022, demand for seating and insulation materials at a lower weight also increased. Today, over 30% of global propylene oxide demand is attributed to polyurethane foams, and the 25% increase in lightweight material use in vehicles in turn stimulates demand.
RESTRAIN:
Challenges in Propylene Oxide Market Growth Due to Raw Material Price Fluctuations and Production Method Shifts
Fluctuation in prices of raw materials is one of the important restraining factors for the growth of the propylene oxide market. Propylene oxide mainly comes from propylene, which is a by-product of petrochemicals. This means that any instability in the supply chain of propylene which is driven by the fluctuations of supply and price of its key feedstock propylene, subject to the ever-changing prices of oil, and local and international refinery production rates, threatens the sustainability of the production of unsustainable PHA. This can affect propylene oxide production and lead to market volatility. The other issue is that the traditional production methods mainly the chlorohydrin process result in noticeable environmental damage. As high as this process could be useful, it generates hazardous by-products that have raised environmental concerns and regulatory pressures. Transitioning to greener, more sustainable production methods such as the hydrogen peroxide method or bio-based production is a capital-intensive process and a strong demand for large investments to develop these new technologies. For many businesses stuck in outmoded, less eco-friendly production methods, making the transition to these cleaner substitutes can be a daunting task.
BY APPLICATION
Polyether polyols accounted for the largest market share of 47.8% in 2023 and are projected to witness the fastest growth from 2024 to 2032. In general, the escalating demand for polyurethanes used in automotive, construction, and furniture applications is primarily supporting this growth. The rising demand for flexible & rigid foams, coatings, adhesives, sealants, and elastomers, in line with the industrialization trend and urbanization especially across emerging markets around the globe, has increased the importance of polyether polyols. Especially in the automotive and construction industries as they are looking for solutions that require lesser energy consumption with lower weight, will continue to open up the avenues for polyether polyols, thereby fuelling the industry growth over the forecast duration. Furthermore, the growing focus on sustainability and the use of green products in these applications will boost demand for polyether polyols as these ingredients have the characteristics of sustainable materials and high-performance polyurethane offerings.
BY PROCESS
In 2023, Chlorohydrin led the propylene oxide market with a market share of 34.9%, primarily owing to its extensive history in commercial use, and wide acceptance in the industry. In this technique, the combination of propylene with chloride yields propylene chlorohydrin reactions, which are afterward oxidized into propylene oxide. It is a low-cost, reproducible procedure that is predominantly used for large manufacturing processes, which makes it highly favorable amongst chemical producers. The decades of practical experience and infrastructure have cemented this method as the dominant method. The chlorohydrin process is especially favored where cost competitiveness and high production volumes are big drivers like North America and Asia's petrochemical-centric industries.
The Hydrogen Peroxide subset is projected to have the highest growth rate (CAGR) between 2024 and 2032, due to significant interest in sustainable and eco-efficient forms of process development. Hydrogen peroxides acting as oxidizing agents ultimately provide a means of avoiding chlorine and generating fewer toxic by-products in a process that is significantly cleaner than the chlorohydrin process. With the risk of environmental issues growing throughout the world, industries are being forced to minimize their environmental impact as well as comply with much tighter laws around chemical waste and discharge. The hydrogen peroxide process provides a more sustainable solution because it utilizes less toxic substances and has a less ecological footprint.
BY END USE
The Automotive sector led the propylene oxide market attracting 30.6% of the revenue share, in 2023, owing to higher consumption of polyether polyols produced using propylene oxide in manufacturing polyurethane foams. These flexible foams play essential roles in the automotive industry for use in parts such as seat cushions, headliners, insulation, and bumpers. Focus on material that can reduce the weight of the car has been on the list for many years, so propylene oxide is used in the production of automobile parts and contributes to automotive parts, making the automotive industry drive this market. Furthermore, the surge in consumer interest in electric vehicles (EVs), which rely on lightweight materials to achieve energy efficiency, also increases the consumption of propylene oxide in the automotive industry. Fully dependability of propylene oxide for production of key raw materials makes for the dominance of this application in the market.
Building and Construction is anticipated to have the highest growth rate during the forecast period (2024 - 2032), owing to the increasing usage of propylene oxide-based goods in the industry. With the increase in construction activities across the globe, polyurethane-based products including but not limited to insulation foams, sealants, adhesives, and coatings, are gaining rapid traction. Due to their unique thermal resistance, soundproofing, and durability characteristics, Polyurethane foams are one of the most significant materials in the construction industry both for commercial and residential constructions. From attention towards energy-efficient buildings to sustainable construction practices to green building materials, we can expect heightened demand for such materials. Rising demand for green and energy-efficient solutions and expansion in the construction market in developing economies have established the building & construction sector as the fastest-growing end-use segment for propylene oxide which is expected to fuel tremendous growth in the forthcoming years.
In 2023, the propylene oxide market was dominated by Asia Pacific, which held a 43.5% share, and is expected to grow at the highest CAGR from 2024 to 2032. Fast-growing industrialization, urbanization, and consumerism in the developing countries of China, India, Japan, and South Korea are the major drives behind this growth. The propylene oxide market in Asia-Pacific is led by the region's manufacturing base for key application industries including automotive, construction, electronics, and textiles, which all utilize propylene oxide-based products such as polyurethane foams and propylene glycol and glycol ethers. The rising automotive industry and increasing infrastructure and construction activities in developing nations have also contributed to the growing demand for propylene oxide in the region. The region's booming sustainable production methods and investments in the hydrogen peroxide process further support the dominant share and rapid growth of Asia Pacific. International competition to meet high standards of pollution control between countries can also lead to transfers and innovations of cleaner, greener production technologies, especially in developing countries facing stricter environmental regulations while striving to meet immediate development needs and reduce their carbon footprint. The rising focus on green production technologies has facilitated the use of hydrogen peroxide-based production which is comparatively greener than the old chlorohydrin process.
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KEY PLAYERS
Some of the major players in the Propylene Oxide Market are:
Dow Inc. (Polyether Polyols, Propylene Glycol)
LyondellBasell Industries Holdings B.V. (Polypropylene, Polyethylene)
Royal Dutch Shell PLC (Polyether Polyols, Propylene Glycol)
BASF SE (Propylene Glycol, Polyether Polyols)
SKC Company (Propylene Glycol, Polyurethane Materials)
AGC Inc. (Propylene Glycol, Polyether Polyols)
Repsol S.A. (Polyether Polyols, Propylene Glycol)
Sumitomo Chemical Co., Ltd. (Propylene Glycol, Polyether Polyols)
Tokuyama Corporation (Propylene Glycol, Polyether Polyols)
Indorama Ventures Public Company (Polyester, PET Resins)
INEOS Oxide (Ethylene Oxide, Propylene Oxide)
Jishen Chemical Industry Co. Ltd. (Propylene Glycol, Polyether Polyols)
Manali Petrochemicals (Propylene Glycol, Polyether Polyols)
Tianjin Dagu Chemical Co., Ltd. (Propylene Glycol, Polyether Polyols)
PJSC Nizhnekamskneftekhim (Propylene Glycol, Polyether Polyols)
PCC Rokita (Propylene Glycol, Polyether Polyols)
Wudi XINYUE Chemical Co., Ltd. (Propylene Glycol, Polyether Polyols)
Oltchim S.A. (Propylene Glycol, Polyether Polyols)
Wanhua Chemical Group Co. Ltd. (Polyurethane Materials, Propylene Glycol)
S–OIL Corporation (Propylene Glycol, Polyether Polyols)
Some of the Raw Material Suppliers for Propylene Oxide companies:
The Chemical Co.
Emerald Scientific
SAE Manufacturing Specialties Corp
ChemUniverse, Inc.
Del Amo Chemical Co.
BariteWorld
Mil-Spec Industries
Graham Chemical
Mallinckrodt, Inc.
Balchem Corp
RECENT TRENDS
In May 2024, Dow increased its propylene glycol production capacity at the Map Ta Phut facility in Thailand to 250,000 tons annually, making it the largest in Asia-Pacific, with plans for ISCC PLUS certification by 2024 to support sustainable production.
In May 2024, KBR will exclusively license Sumitomo Chemical's eco-friendly Propylene Oxide via Cumene (POC) technology, enabling co-product-free production with lower carbon emissions and wastewater.
In May 2024, INEOS completed the USD 700M acquisition of LyondellBasell’s Bayport facility in Texas, boosting its capacity for ethylene oxide, glycols, and glycol ethers production.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 20.97 Billion |
| Market Size by 2032 | USD 34.75 Billion |
| CAGR | CAGR of 5.79% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Application (Polyether Polyols, Propylene Glycol, Glycol Ethers, Others) |
| • By Process (Chlorohydrin Process, Styrene Monomer Process, Hydrogen Peroxide Process, TBA Co-Product Process, Cumene-based Process) | |
| • By End Use (Automotive, Building & Construction, Textile & Furnishing, Chemical & Pharmaceutical, Packaging, Electronics, Others) | |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Dow Inc., LyondellBasell Industries Holdings B.V., Royal Dutch Shell PLC, BASF SE, SKC Company, AGC Inc., Repsol S.A., Sumitomo Chemical Co., Ltd., Tokuyama Corporation, Indorama Ventures Public Company, INEOS Oxide, Jishen Chemical Industry Co. Ltd., Manali Petrochemicals, Tianjin Dagu Chemical Co., Ltd., PJSC Nizhnekamskneftekhim, PCC Rokita, Wudi XINYUE Chemical Co., Ltd., Oltchim S.A., Wanhua Chemical Group Co. Ltd., S–OIL Corporation |
| Key Drivers | • Sustainable Shift Drives Growth of Bio-based Propylene Oxide with Reduced Emissions and Consumer Demand |
| • Rising Automotive Production and Electric Vehicle Growth Drive Demand for Propylene Oxide in Foams | |
| Restraints | • Challenges in Propylene Oxide Market Growth Due to Raw Material Price Fluctuations and Production Method Shifts |
Ans: Asia Pacific dominated the Propylene Oxide Market in 2023.
Ans: The Automotive segment dominated the Propylene Oxide Market in 2023.
Ans: The major growth factor of the Propylene Oxide market is the increasing demand for polyurethane foams in industries such as automotive, construction, and furniture.
Ans: Propylene Oxide Market size was USD 20.97 Billion in 2023 and is expected to Reach USD 34.75 Billion by 2032.
Ans: The Propylene Oxide Market is expected to grow at a CAGR of 5.79% during 2024-2032.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Propylene Oxide Production Capacity (2023)
5.2 Propylene Oxide Consumption Patterns (2023)
5.3 Propylene Oxide Technological Advancements
5.4 Propylene Oxide Supply Chain Efficiency
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Propylene Oxide Market Segmentation, By Application
7.1 Chapter Overview
7.2 Polyether Polyols
7.2.1 Polyether Polyols Market Trends Analysis (2020-2032)
7.2.2 Polyether Polyols Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Propylene Glycol
7.3.1 Propylene Glycol Market Trends Analysis (2020-2032)
7.3.2 Propylene Glycol Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Glycol Ethers
7.4.1 Glycol Ethers Market Trends Analysis (2020-2032)
7.4.2 Glycol Ethers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Others
7.5.1 Others Market Trends Analysis (2020-2032)
7.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Propylene Oxide Market Segmentation, By Process
8.1 Chapter Overview
8.2 Chlorohydrin Process
8.2.1 Chlorohydrin Process Market Trends Analysis (2020-2032)
8.2.2 Chlorohydrin Process Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Styrene Monomer Process
8.3.1 Styrene Monomer Process Market Trends Analysis (2020-2032)
8.3.2 Styrene Monomer Process Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Hydrogen Peroxide Process
8.4.1 Hydrogen Peroxide Process Market Trends Analysis (2020-2032)
8.4.2 Hydrogen Peroxide Process Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 TBA Co-Product Process
8.5.1 TBA Co-Product Process Market Trends Analysis (2020-2032)
8.5.2 TBA Co-Product Process Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Cumene-based Process
8.6.1 Cumene-based Process Market Trends Analysis (2020-2032)
8.6.2 Cumene-based Process Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Propylene Oxide Market Segmentation, By End Use
9.1 Chapter Overview
9.2 Automotive
9.2.1 Automotive Market Trends Analysis (2020-2032)
9.2.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Building & Construction
9.3.1 Building & Construction Market Trends Analysis (2020-2032)
9.3.2 Building & Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Textile & Furnishing
9.4.1 Textile & Furnishing Market Trends Analysis (2020-2032)
9.4.2 Textile & Furnishing Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Chemical & Pharmaceutical
9.5.1 Chemical & Pharmaceutical Market Trends Analysis (2020-2032)
9.5.2 Chemical & Pharmaceutical Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Packaging
9.6.1 Packaging Market Trends Analysis (2020-2032)
9.6.2 Packaging Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Electronics
9.7.1 Electronics Market Trends Analysis (2020-2032)
9.7.2 Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.8 Others
9.8.1 Others Market Trends Analysis (2020-2032)
9.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Propylene Oxide Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.4 North America Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.2.5 North America Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.6.2 USA Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.2.6.3 USA Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.7.2 Canada Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.2.7.3 Canada Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.8.2 Mexico Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.2.8.3 Mexico Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Propylene Oxide Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.6.2 Poland Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.1.6.3 Poland Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.7.2 Romania Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.1.7.3 Romania Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Propylene Oxide Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.4 Western Europe Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.5 Western Europe Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.6.2 Germany Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.6.3 Germany Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.7.2 France Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.7.3 France Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.8.2 UK Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.8.3 UK Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.9.2 Italy Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.9.3 Italy Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.10.2 Spain Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.10.3 Spain Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.13.2 Austria Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.13.3 Austria Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Propylene Oxide Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.4 Asia Pacific Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.5 Asia Pacific Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.6.2 China Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.6.3 China Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.7.2 India Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.7.3 India Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.8.2 Japan Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.8.3 Japan Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.9.2 South Korea Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.9.3 South Korea Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.10.2 Vietnam Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.10.3 Vietnam Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.11.2 Singapore Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.11.3 Singapore Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.12.2 Australia Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.12.3 Australia Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Propylene Oxide Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.4 Middle East Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.1.5 Middle East Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.6.2 UAE Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.1.6.3 UAE Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Propylene Oxide Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.4 Africa Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.2.5 Africa Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Propylene Oxide Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.4 Latin America Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.6.5 Latin America Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.6.2 Brazil Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.6.6.3 Brazil Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.7.2 Argentina Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.6.7.3 Argentina Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.8.2 Colombia Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.6.8.3 Colombia Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Propylene Oxide Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Propylene Oxide Market Estimates and Forecasts, By Process (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Propylene Oxide Market Estimates and Forecasts, By End Use (2020-2032) (USD Billion)
11. Company Profiles
11.1 Dow Inc
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 LyondellBasell Industries Holdings B.V
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Royal Dutch Shell PLC
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 BASF SE
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 SKC Company
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 AGC Inc.
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Repsol S.A
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Sumitomo Chemical Co., Ltd
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Tokuyama Corporation
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Indorama Ventures Public Company
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
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Key Segments:
By Application
Polyether Polyols
Propylene Glycol
Glycol Ethers
Others
By Process
Chlorohydrin Process
Styrene Monomer Process
Hydrogen Peroxide Process
TBA Co-Product Process
Cumene-based Process
By End Use
Automotive
Building & Construction
Textile & Furnishing
Chemical & Pharmaceutical
Packaging
Electronics
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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Polylactic Acid (PLA) Market was valued at USD 1.2 Billion in 2023 and is expected to reach USD 5.2 Billion by 2032, growing at a CAGR of 17.7% from 2024-2032.
The Firefighting Foam Market Size was valued at USD 5.2 Bn in 2023 and is expected to reach USD 7.21 Bn by 2032 and grow at a CAGR of 3.7% by 2024-2032
The Toluene Market Size was valued at USD 28.6 Billion in 2023. It is expected to grow to USD 40.9 Billion by 2032 and grow at a CAGR of 5.4% over the forecast period of 2024-2032.
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The Liquid Ring Vacuum Pumps Market Size was USD 1.5 billion in 2023 and is expected to reach USD 2.4 Bn by 2032 and grow at a CAGR of 5.3% by 2024-2032.
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