Propylene Oxide Market By Material (Polyalkylene Polyols, Propylene Glycol, Propylene Glycol Ethers), By Application (Automotive, Footwear, Furniture, Construction, Healthcare, Food, Medical, Electronics), Industry Size, Growth, Share And Forecast To 2022
Key Findings
The global propylene oxide market has been expected to grow at the CAGR of 3.6% during 2016-2022. Growing use of polyurethane across the broad spectrum of automotive, construction, furniture, packaging and footwear industries are majorly driving the global propylene oxide market. Propylene oxide is a small-volume differentiated petrochemical which is used to manufacture polyether polyols for urethanes, propylene glycols, glycol ethers, and polyalkylene glycols for a variety of chemical intermediates and functional fluids. It is produced by the dehydrochlorination of propylene chlorohydrin or by oxidation of propylene to propylene oxide by an organic hydro peroxide. Most common product manufactured from propylene oxide is polyether polyols followed by propylene glycol. Polyether polyols has the largest share of propylene oxide usage, up to 65% and propylene glycol has around 15% usage.
Propylene oxide is manufactured using chlorohydrin process, hydro peroxide process, peroxide cumene process, propylene oxide tert-butanol process and propylene oxide styrene monomer process. Chlorohydrin process is the most common process for producing propylene oxide and will remain as such during the forecasted period. Nearly 37% propylene oxide is manufactured in this way. The second most popular method is propylene oxide styrene monomer process followed by propylene oxide tert-butanol process.
Polyether polyols is used to manufacture polyurethane which have a wide use across a broad spectrum of industries. It is used in sealants, thermal industries and flooring materials. Propylene oxide is used as a chemical intermediate to manufacture adhesives, elastomers, coatings, flexible and rigid foams, carpets, interlay, vehicle seats and injection moldings. These are then further used in boat hulls, gasoline tanks and tub-shower combinations. Water scavengers, defoamers, latex paints, lubricants, oil-field chemicals, wetting agents and greases are also manufactured using propylene oxide. Increasing demand for the above products is driving the propylene oxide market. There is a rise in infrastructural investment in the countries like China, Malaysia, Singapore, Brazil, India, Qatar, UAE and Saudi Arabia and this one of the biggest driver for propylene oxide market. It is predicted that automotive sectors in China, India, US and Mexico will report good growth during the forecasted period. Increasing production of propylene glycols, polyalkylene glycols, and propylene glycol ethers will require more propylene oxide and this will lead to more demand for propylene oxide. Propylene oxide is used for production of biological samples for electron microscopy and it has been forecasted that in the coming years there will be a rising demand for these. Factors acting as restraint for the market growth are the toxic and extremely flammable nature of propylene oxide. One of the biggest market restraint is fluctuating raw material price.
Market Segment Insights
The application market for propylene oxide market is segmented as follows: automotive, industrial, furniture, footwear, construction, healthcare, medical, food, electronics, packaging and personal care industries. Around 66% of manufactured polyurethane is used for making rigid and flexible foams globally. It is the highest use of propylene oxide worldwide.
Regional Insights
Globally, Europe has the largest market of propylene oxide followed by North America. Unstable economic conditions and strict environmental guidelines will affect the European market and however the market growth in this region will be lethargic during the forecasted period. North American market has been predicted to report healthy growth during the forecasted period owing to rise in the growth of the automotive and electronics sector. Improvement in the construction sector, high disposable income and high living standards will be another driving factor for the North American market during the forecasted period.
Asia Pacific region is going to grow at a higher pace during the forecast year due to continuous rising demand from China and India. China and India both have the high availability of raw material like propylene in their region and that has been expected to boost the market. Setting up of propylene oxide manufacturing will boost the market growth in China.
Economic conditions in these countries are getting better and consumers have more money to spend. As a result various industries like furniture, automotive, pharmaceuticals, cosmetics and pet foods has been expected to grow. An increase in the personal care, automotive, and food & beverage sectors in the APAC region has been expected to lead the demand over the forecasted period.
Competitive Insights
The key players in the global propylene oxide market include Dow Chemical, LyndonBassell Industries, Manali Petrochemical, Royal Dutch Shell, Huntsman, Balchem, INEOS Group, SABIC and BASF.
1. METHODOLOGY & SCOPE
1.1. RESEARCH METHODOLOGY
1.2. RESEARCH SCOPE & ASSUMPTIONS
1.3. LIST OF DATA SOURCES
2. EXECUTIVE SUMMARY
2.1. GLOBAL PROPYLENE OXIDE- MARKET SUMMARY & KEY BUYING CRITERIA
2.2. GLOBAL PROPYLENE OXIDE OUTLOOK
2.3. SEGMENTATION ANALYSIS
2.4. MARKET SIZE AND GROWTH PROSPECTS 2012-2022
2.5. PROPYLENE OXIDE VALUE CHAIN ANALYSIS
2.6. VENDOR LANDSCAPE
3. GLOBAL PROPYLENE OXIDE MARKET - MARKET DYNAMICS
3.1. MARKET DRIVER ANALYSIS
3.1.1. INCREASING POLYURETHANE DEMAND
3.1.2. GROWING AUTOMOTIVE SECTOR
3.1.3. RISING DISPOSABLE INCOME OF CONSUMERS
3.1.4. RAPID INDUSTRIALIZATION IN DEVELOPING COUNTRIES
3.2. MARKET RESTRAINT ANALYSIS
3.2.1. EXTREMELY FLAMMABLE AND TOXIC NATURE OF PROPYLENE DIOXIDE
3.2.2. FLUCTUATING RAW MATERIAL PRICES
3.2.3. HIGH COST OF SETTING UP PLANTS
3.3. KEY OPPORTUNITIES
3.3.1. IMPROVING AND GROWING ECONOMIES IN DEVELOPING COUNTRIES
3.3.2. GROWING AUTOMOTIVE SECTOR
3.4. KEY CHALLENGES
3.4.1. STRICT ENVIRONMENTAL REGULATIONS
3.4.2. FLUCTUATING RAW MATERIAL PRICES
4. INDUSTRY ANALYSIS
4.1. GLOBAL PROPYLENE OXIDE– PORTER’S FIVE FORCES MODEL
4.2. GLOBAL PROPYLENE OXIDE– PESTEL ANALYSIS
4.3. GLOBAL PROPYLENE OXIDE– GAP ANALYSIS
5. GLOBAL PROPYLENE OXIDE MARKET BY MATERIAL 2012 - 2022 ($ MILLION)
5.1. GLOBAL PROPYLENE OXIDE MARKET BY POLYALKYLENE POLYOLS 2012 - 2022 ($ MILLION)
5.2. GLOBAL PROPYLENE OXIDE MARKET BY PROPYLENE GLYCOL 2012 - 2022 ($ MILLION)
5.3. GLOBAL PROPYLENE OXIDE MARKET BY PROPYLENE GLYCOL ETHERS 2012 - 2022 ($ MILLION)
5.4. GLOBAL PROPYLENE OXIDE MARKET BY OTHERS 2012 - 2022 ($ MILLION)
6. GLOBAL PROPYLENE OXIDE MARKET BY APPLICATION 2012 - 2022 ($ MILLION)
6.1. GLOBAL PROPYLENE OXIDE MARKET BY AUTOMOTIVE INDUSTRY 2012 - 2022 ($ MILLION)
6.2. GLOBAL PROPYLENE OXIDE MARKET BY FOOTWEAR INDUSTRY 2012 - 2022 ($ MILLION)
6.3. GLOBAL PROPYLENE OXIDE MARKET BY FURNITURE INDUSTRY 2012 - 2022 ($ MILLION)
6.4. GLOBAL PROPYLENE OXIDE MARKET BY CONSTRUCTION INDUSTRY 2012 - 2022 ($ MILLION)
6.5. GLOBAL PROPYLENE OXIDE MARKET BY HEALTHCARE INDUSTRY 2012 - 2022 ($ MILLION)
6.6. GLOBAL PROPYLENE OXIDE MARKET BY FOOD INDUSTRY 2012 - 2022 ($ MILLION)
6.7. GLOBAL PROPYLENE OXIDE MARKET BY MEDICAL INDUSTRY 2012-2022 ($ MILLION)
6.8. GLOBAL PROPYLENE OXIDE MARKET BY ELECTRONICS INDUSTRY 2012-2022 ($ MILLION)
6.9. GLOBAL PROPYLENE OXIDE BY OTHERS (PERSONAL CARE) 2012-2022 ($ MILLION)
7. GLOBAL PROPYLENE OXIDE MARKET REGIONAL OUTLOOK 2012-2022 ($ MILLION)
7.1. GLOBAL PROPYLENE OXIDE MARKET VOLUME SHARE BY REGION 2012-2022 ($ MILLION)
7.2. NORTH AMERICA
7.2.1. NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012- 2022 ($ MILLION)
7.2.2. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012–2022 ($ MILLION)
7.2.3. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY REGION 2012–2022 ($ MILLION)
7.2.3.1. U.S.
7.2.3.1.1. U.S. MARKET ESTIMATES AND FORECAST 2012–2022 ($ MILLION)
7.2.3.1.2. U.S. MARKET ESTIMATES AND FORECAST BY APPLICATION 2012–2022 ($ MILLION)
7.2.3.2. CANADA
7.2.3.2.1. CANADA MARKET ESTIMATES AND FORECAST 2012–2022 ($ MILLION)
7.2.3.2.2. CANADA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012–2022 ($ MILLION)
7.3. EUROPE
7.3.1. EUROPE MARKET ESTIMATES AND FORECAST 2012–2022 ($ MILLION)
7.3.2. EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012–2022 ($ MILLION)
7.3.3. EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012–2022 ($ MILLION)
7.3.3.1. GERMANY
7.3.3.1.1. GERMANY MARKET ESTIMATES AND FORECAST 2012–2022 ($ MILLION)
7.3.3.1.2. GERMANY MARKET ESTIMATES AND FORECAST BY APPLICATION 2012–2022 ($ MILLION)
7.3.3.2. BELGIUM
7.3.3.2.1. BELGIUM MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.3.3.2.2. MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 –2022 ($ MILLION)
7.3.3.3. RUSSIA
7.3.3.3.1. RUSSIA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.3.3.3.2. RUSSIA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.3.3.4. SPAIN
7.3.3.4.1. SPAIN MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.3.3.4.2. SPAIN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.3.3.5. FRANCE
7.3.3.5.1. FRANCE MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.3.3.5.2. FRANCE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.3.3.6. NETHERLANDS
7.3.3.6.1. NETHERLANDS MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.3.3.6.2. NETHERLANDS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.4. ASIA PACIFIC
7.4.1. ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.4.2. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.4.3. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2012 – 2022 ($ MILLION)
7.4.3.1. CHINA
7.4.3.1.1. CHINA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.4.3.1.2. CHINA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.4.3.2. INDIA
7.4.3.2.1. INDIA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.4.3.2.2. INDIA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.4.3.3. SOUTH KOREA
7.4.3.3.1. SOUTH KOREA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.4.3.3.2. SOUTH KOREA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.4.3.4. JAPAN
7.4.3.4.1. JAPAN MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.4.3.4.2. JAPAN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.4.3.5. SINGAPORE
7.4.3.5.1. SINGAPORE MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.4.3.5.2. SINGAPORE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.5. MIDDLE EAST & AFRICA
7.5.1. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.5.2. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.6. CENTRAL & SOUTH AMERICA
7.6.1. CENTRAL & SOUTH AMERICA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.6.2. CENTRAL & SOUTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
7.6.2.1. BRAZIL
7.6.2.1.1. BRAZIL MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7.6.2.1.2. BRAZIL MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
8. COMPETITIVE LANDSCAPE
8.1. BALCHEM
8.1.1. COMPANY OVERVIEW
8.1.2. SCOT ANALYSIS
8.1.3. PRODUCT BENCHMARKING
8.1.4. STRATEGIC INITIATIVES
8.2. BASF SE
8.2.1. COMPANY OVERVIEW
8.2.2. SCOT ANALYSIS
8.2.3. PRODUCT BENCHMARKING
8.2.4. STRATEGIC INITIATIVES
8.3. DOW CHEMICAL COMPANY
8.3.1. COMPANY OVERVIEW
8.3.2. SCOT ANALYSIS
8.3.3. PRODUCT BENCHMARKING
8.3.4. STRATEGIC INITIATIVES
8.4. HUNTSMAN
8.4.1. COMPANY OVERVIEW
8.4.2. SCOT ANALYSIS
8.4.3. PRODUCT BENCHMARKING
8.4.4. STRATEGIC INITIATIVES
8.5. INEOS GROUP
8.5.1. COMPANY OVERVIEW
8.5.2. SCOT ANALYSIS
8.5.3. PRODUCT BENCHMARKING
8.5.4. STRATEGIC INITIATIVES
8.6. LYNDONBASSELL INDUSTRIES
8.6.1. COMPANY OVERVIEW
8.6.2. SCOT ANALYSIS
8.6.3. PRODUCT BENCHMARKING
8.6.4. STRATEGIC INITIATIVES
8.7. MANALI PETROCHEMICAL
8.7.1. COMPANY OVERVIEW
8.7.2. SCOT ANALYSIS
8.7.3. PRODUCT BENCHMARKING
8.7.4. STRATEGIC INITIATIVES
8.8. REPSOL
8.8.1. COMPANY OVERVIEW
8.8.2. SCOT ANALYSIS
8.8.3. PRODUCT BENCHMARKING
8.8.4. STRATEGIC INITIATIVES
8.9. ROYAL DUTCH SHELL
8.9.1. COMPANY OVERVIEW
8.9.2. SCOT ANALYSIS
8.9.3. PRODUCT BENCHMARKING
8.9.4. STRATEGIC INITIATIVES
8.10. SABIC
8.10.1. COMPANY OVERVIEW
8.10.2. SCOT ANALYSIS
8.10.3. PRODUCT BENCHMARKING
8.10.4. STRATEGIC INITIATIVES
1. GLOBAL PROPYLENE OXIDE MARKET BY MATERIAL 2012 - 2022 ($ MILLION)
2. GLOBAL PROPYLENE OXIDE MARKET BY APPLICATION 2012 - 2022 ($ MILLION)
3. NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
4. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY REGION 2012 – 2022 ($ MILLION)
5. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
6. EUROPE MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7. EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012 – 2022 ($ MILLION)
8. EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
9. ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
10. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2012 – 2022 ($ MILLION)
11. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
12. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
13. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
14. CENTRAL & SOUTH AMERICA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
15. CENTRAL & SOUTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012 – 2022 ($ MILLION)
1. MARKET SHARE BY REGIONS 2012 – 2022 ($ MILLION)
2. UNITED STATES MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
3. CANADA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
4. MEXICO MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
5. FRANCE MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
6. GERMANY MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
7. SPAIN MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
8. NETHERLANDS MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
9. APAC MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
10. CHINA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
11. INDIA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
12. JAPAN MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
13. SINGAPORE MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
14. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
15. CENTRAL & SOUTH AMERICA MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
16. BRAZIL MARKET ESTIMATES AND FORECAST 2012 – 2022 ($ MILLION)
Choose License
Contact Information
: sales@briskinsights.com
: +448081890034 (UK)