Download Report

Global Propylene Oxide Market to Reach US$ 13,328 Mn in 2017
Persistence Market Research (PMR), in its report, projects the global propylene oxide
market to account for revenues worth US$ 13,328 Mn in 2017. This number is
expected to surpass US$ 20,000 Mn by 2025-end. The market is estimated to register
5.4% CAGR in terms of value. Increasing applications of propylene glycol as a
construction chemical on the back of growing construction sector is expected to drive
market growth.
Increasing demand for automotive products has driven considerable growth in
automotive sector. Demand for Propylene oxide is on a surge for manufacturing
various automotive products such as sealants, adhesives, flexible foams, and paints.
Soaring urbanisation and surging production of automobiles have led to huge demand
for some continuously adopted products such as carpets, mattresses, car seats and
insulators. Such products utilize polyurethane which in turn requires propylene oxide
as raw material. The aforementioned factors are expected to drive growth of the
market. In addition, increasing application of propylene oxide and its derivatives in
various end-use products including engineering plastics & fibers, brakes & hydraulic
fluids, power cruisers, automotive coolants, and aircraft deicing fluids are expected to
fuel demand for propylene oxide.
Browse Complete Report @ https://www.persistencemarketresearch.com/marketresearch/propylene-oxide-market.asp
However, several alternatives of propylene oxide have been introduced in the market
which are more effective. Moreover, propylene oxide poses negative impacts on the
environment and affects humans. Over consumption of propylene oxide may result
into hazardous effects on human respiratory track, and causes irritation to eyes and
skin. These factors are expected to restrain growth of the global propylene oxide
market.
Request and Download Sample Report @
https://www.persistencemarketresearch.com/samples/10190
In terms of volume, polyether polyols is expected to be the largest application of
propylene oxide. Demand for propylene oxide in production polyether polyols is
expected to reach nearly 10,000 KT by 2025-end. In addition, demand for propylene
oxide in production of flame retardants is projected to exhibit fastest expansion
through 2025.
Asia Pacific (APAC) is projected to be the most lucrative region for propylene oxide
market, followed by North America. Sales of propylene oxide in APAC will account
for around 4,600 KT in 2017, and it is further estimated to surpass 7,000 KT by 2025.
In terms of volume, market in this region is expected to register highest CAGR. In
addition, North America is expected to be the second largest market for propylene
oxide, with sales pegged to reach nearly 4,000 KT by 2025. In contrast, sales of
propylene oxide in Latin America will exhibit a sluggish expansion at 3.3% CAGR in
terms of volume.
View and Download TOC of Propylene Oxide Market Research Report @
https://www.persistencemarketresearch.com/market-research/propylene-oxidemarket/toc
Key market players identified in PMR’s report include LyondellBasell Industries
Holdings B.V., The Dow Chemicals, SK Chemicals, Royal Dutch Shell, Sumitomo
Chemical Co., Ltd., BASF SE, Huntsman International LLC., AGC Chemicals,
Repsol, CSPC Pharmaceutical Group Limited, Air Liquide, Air Products and
Chemicals, Inc., China Petrochemical Corporation, Eastman Chemical Company,
Mitsui Chemicals, Inc., LOTTE CHEMICAL CORPORATION, PetroChina
International Co., Ltd., Ineos Group Limited, Tokuyama Corporation, Hanwha
Group.
Buy Full Propylene Oxide Market Research Report @
https://www.persistencemarketresearch.com/checkout/10190
About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research
model is a unique collaboration of data analytics and market research methodology to
help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a
multi-disciplinary approach. At PMR, we unite various data streams from multidimensional sources. By deploying real-time data collection, big data, and customer
experience analytics, we deliver business intelligence for organizations of all sizes.
Our offerings include pre-built reports that address every major sale, customized
solutions to cater to client-specific needs, and consulting services to offer more value
addition. Our next-generation research approach for exploring emerging technologies
has allowed us to solve the most complex problems of clients. We do not follow a
reactive approach, but a pro-active one. Expert analysts at PMR keep a tab on nextgeneration technologies in their R&D phase and provide the latest insights into these
technologies when they are being commercialized. Our ground-breaking approach
allows us to deliver market solutions before the technologies reach the market.
Our client success stories feature a range of clients from Fortune 500 companies to
fast-growing startups. PMR’s collaborative environment is committed to building
industry-specific solutions by transforming data from multiple streams into a strategic
asset.
Contact Us:
Persistence Market Research
305 Broadway,7th Floor
New York City, NY 10007
United States
Tel: +1-646-568-7751
Email: sales@persistencemarketresearch.com
Website: http://www.persistencemarketresearch.com/