Propylene Oxide Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

This professional and specialized report study examines the technical and business perspective of the Propylene Oxide industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Propylene Oxide market. The report study analyzes the market statistics at the global as well as regional levels to gain an in-depth perspective of the overall Propylene Oxide market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Kilo Tons) and value (USD Billion) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Propylene Oxide market in our study.

Key Insights from Primary Research

• As per the insights from our primary respondents, the global propylene oxide market is expected to grow by around 5%.
• Through the primary research conducted by the experts, the global propylene oxide market was valued at around USD 15 Billion in 2019.
• The “Polyether Polyol ” category, on the basis of type segmentation, was the leading category that generated the maximum revenue
• The category under “Building & Construction”, held on the basis of end-user/application segmentation,  had the leading share in 2019.
• There would be huge demand from the Asia Pacific for this propylene oxide as China is going through continuous industrial development.

Key Recommendations from Analysts

• Increasing demand for propylene oxide polyols in China will drive upward propylene oxide use for this reason over the next five years by more than 30%.
• In 2019, China d Western Europe, and the United States became the largest consuming country. Development in this use of propylene oxide in South Korea will hold it in fourth place in the world, with only a 9% share of global consumption in 2026.
• Europe held significant the market for propylene oxide market; however, due to the economic downturn and increased environmental and safety regulations, Europe is expected to lose market share in the next six years.
• The second largest application of propylene oxide (PO) is propylene glycol, with the principal form being mono propylene glycol (MPG). MPG is primarily used in the manufacture of unsaturated polyester resins (UPR), almost three-quarters of which are filled with fiberglass or mineral fillers to form fiberglass-reinforced plastics (FRP).

Technology Roadmap

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Propylene Oxide market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Propylene Oxide market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Propylene Oxide market.

The research study provides a critical assessment of the Propylene Oxide industry by logically segmenting the market on the basis of Type, and region. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Propylene Oxide industry includes the holistic bifurcation of all five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

The Propylene Oxide market is segmented based on Application, Production process, and application. On the basis of application segmentation, the market is classified into propylene glycol, and polyether polyols among other products. The production Process includes Styrene Monomer, Cumene-based, Chlorohydrin, Hydrogen Peroxide, TBA Co-Product among others.

Report Scope

This report segments the Propylene Oxide market as follows:

Some of the key manufacturers operating in Propylene Oxide are

•  Sumitomo Chemical Co. Ltd.
•  SK Chemicals
•  The Dow Chemicals
•  Royal Dutch
•  Shell
•  BASF SE

Global Propylene Oxide Market, by Application Segment Analysis

• Polyether Polyols
• Propylene Glycol
• Glycol Ethers
• Others

Global Propylene Oxide Market, by Type of Production Process:

• Chlorohydrin Process
• Styrene Monomer Process
• Hydrogen Peroxide Process
• TBA Co-Product Process
• Cumene-based Process

Global Propylene Oxide Market, by End-use Industry:

• Automotive
• Building & Construction
• Textile & Furnishing
• Chemical & Pharmaceutical
• Packaging
• Electronics
• Others

Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising a dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)