123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Marketing >> View Article

Propylene Oxide Market Rising Manufacturing Output In Developing Countries Forecast To 2023

By Author: Nikhil khadilkar
Total Articles: 235
Comment this article

Market Overview:-

The global propylene oxide market is projected to grow at a moderate CAGR and reach a significant valuation by the end of the forecast period of 2016-2023, as per a research report published by Market Research Future (MRFR). Propylene oxide acts as an essential primary chemical intermediate and has roles across various industry verticals. Growth in end user industries is the primary driver of the market.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4770

The substantial growth of the global automotive industry presents ample of expansion opportunities to the propylene oxide market. Infrastructural and constructional projects such as urban city expansion projects across the globe, especially in the Asia Pacific region is a major driver of the market since propylene glycol is mostly used as a construction chemical for use in adhesives, paints, water-proofing materials and coatings. Growth in the automotive industry directly translates into a surge in demand for propylene oxide. It is used as flexible foams, sealants, hydraulic fluid in braking systems in vehicles, and used as a de-icing agent in aircraft.

Competition Analysis:-

Some of the prominent players operating in the Propylene Oxide Market are The Dow Chemical Company (U.S.), LyondellBasell Industries N.V. (the Netherlands), Royal Dutch Shell plc (the Netherlands), Huntsman Corporation (U.S.), BASF SE (Germany), Repsol S.A. (Spain), Asahi Glass Co., Ltd. (Japan), INEOS Private Limited Company (U.K.), Sumitomo Group (Japan), Chevron Phillips Chemical (U.S.).

Segmentation Analysis:-

The global propylene oxide market has been segmented based on applications and end use industry. By applications, the market has been segmented into polyether polyols, propylene glycol, fumigation, adhesives, and sealants, & oil demulsifier. By end-use industries, the market has been segmented into construction, paints, and coatings, oil & gas, food, & transportation.

Regional Analysis:-

The key markets of the Global Propylene Oxide Market include Asia Pacific, North America, Europe, Middle East & Africa and Latin America. Asia Pacific is the leading market for propylene oxide due to increased construction and housing activities in the region which is caused by ongoing infrastructural and industrial developments. Governments of emerging countries in Asia Pacific are endeavoring to attract foreign investments to accelerate growth in the countries which is further fostering the growth of the market. Additionally, burgeoning population and increased public investment in the housing industry support the growth of the market.

North America market for propylene oxide is strong owing to high demand for Propylene Glycol from the transportation sector. Propylene Glycol is used in the automotive and aerospace industry which is well-established in the region and results in expansion of the market. Europe market for propylene oxide was consolidated, but the region is expected to lose share in the global market due to the economic crisis and strict regulations pertaining to environment and safety.

The Middle East & Africa market is growing significantly on account of growing construction and oil & gas industries. Availability of raw materials in Saudi Arabia and UAE coupled with mega infrastructure projects in the region is anticipated to drive the market in the region. Latin America market is expected to depict low growth over the forecast period due to significant issues of public governance failure and low economic growth rate.

Browse the market data and information spread across 140 pages with 33 data tables and 12 figures of the report “Propylene Oxide Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/propylene-oxide-market-4770

About Market Research Future:-

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:-

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

Phone: +16468459312

Email: sales@marketresearchfuture.com

Total Views: 304Word Count: 684See All articles From Author

Add Comment

Marketing Articles

1. How Important Are Images In A Website Strategy?
Author: Web Strategy Plus

2. How To Benefit From An Advertising Agency Austin
Author: Damon Za

3. How Will Google Reviews Help The Rankings In Seo? A Nerd’s Idea!
Author: Zib Media

4. How The Best E-sports Agency Can Help
Author: Damon Za

5. Dynamic Qr Codes For Best Agile Marketing
Author: Aditya Singh Rajput

6. Home Improvement Miami Can Bring A Complete Look For Your Home!
Author: James Vince

7. Why Businesses Should Use Wechat Marketing In China?
Author: Damon Za

8. Baidu Advertising – A Solution To Drive Highest Chinese Audience To Your Business
Author: Damon Za

9. Silica Aerogel Market
Author: Moin Patni

10. Top Reasons To Invest In Social Media Marketing In China
Author: Damon Za

11. Global Water Soluble Polymers Market Is Estimated To Reach $xx Billion By 2025
Author: jpatil

12. Global Specialty Sorbents Market Is Estimated To Reach $1,602 Million By 2025
Author: jpatil

13. Global Commercial Roofing Materials Market Is Estimated To Reach $11 Billion By 2025
Author: jpatil

14. In-flight Autopilot (automated) Systems Market Is Estimated To Reach $9.4 Billion By 2024
Author: jpatil

15. Digital Marketing 101 : Building A Digital Marketing Plan In 2020
Author: Cqp

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: