Propylene Oxide Market is poised to value USD 32948 million by 2028 end at a CAGR of 5.6% during the forecast period 2022 to 2028.

Propylene oxide is an organic compound with the molecule formula CH3CHCH2O. This colorless liquid with an odour similar to ether is produced in large quantities on an industrial scale. Among its major uses are in the production of polyether polyols, which are used to make polyurethane plastics. While it is commonly used as a racemic mixture, it is a chiral epoxide. In contrast to its isomer 1,3-propylene oxide, also known as oxetane, this compound is sometimes referred to as 1,2-propylene oxide. Propylene oxide is mainly used as an intermediate in the production of polyether polyols and propylene glycol for unsaturated polyester resins. For sterilizing medical equipment and fumigating foodstuffs, small quantities are used.

Polyurethane foams are widely utilised in the construction and automobile industries for cushioning and fabrication. It's also used to insulate refrigerators and in footwear. It also serves as a chemical intermediate in the manufacturing of propylene glycol and polyether resins, which are used in a variety of industries including medical and textiles. Polyurethane end uses include flexible foams for the furniture and automotive industries, as well as rigid foams for appliance and building insulation. Propylene oxide is also used to microbially treat foods and plastic medical instruments, as well as to make di propylene glycol and glycol ethers, herbicides, and solvents. It was also used in racing fuels, but the NHRA in the United States outlawed it due to safety concerns. In surface vehicles and model aeroplanes, however, 2% of the chemical is used as a glow fuel additive to methanol, oil mix, and nitromethane. Thermobaric weapons and the processing of biological samples for electron microscopy are two further uses for propylene oxide. Propylene Oxide, on the other hand, is exceedingly combustible and hazardous, thus it should be handled with caution while working with it. Propylene oxide can irritate the eyes and respiratory tract in humans and animals who are exposed to it on a regular basis. Inhalation exposure can cause coughing, dyspnea (difficulty breathing), and oedema, which can lead to pneumonia. Prolonged skin contact, even with weak solutions, can cause irritation and necrosis. The usage of propylene oxide (PO) in polyether polyols is critical to the market's growth. Furthermore, flexible foam compositions contain more polyol than rigid foam formulations. The demand for foams is increasing at a quicker rate as a result of their increased use in insulation and structural applications, hence driving the expansion of the global propylene oxide market.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Propylene Oxide Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share, and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of the market.

According to the research study conducted by FutureWise research analysts, the market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the Propylene Oxide Market along with the growth opportunities present across this business vertical.

Major players included in the Propylene Oxide Market are:    

  • Dow Chemical Company   
  • Lyondellbasell Industries 
  • Royal Dutch Shell    
  • Huntsman Corporation
  • Basf
  • Asahi Glass Company
  • Repsol
  • Sumitomo Chemical Company
  • Oltchim
  • Tokuyama Corporation

(Note: The list of the major players will be updated with the latest market scenario and trends)

Propylene Oxide Market Segmentation:

By Process

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

By Application

  • Polyether Polyols
  • Propylene Glycol
  • Glycol Ethers
  • Others

By End-use Industry

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

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Propylene Oxide Market Sample Video:

Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share  
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:
• To provide with an exhaustive analysis on the market by application, by process, by end use industry and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

Flexible Delivery Model:
• We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
• The customization services offered are free of charge with purchase of any license of the report.
• You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com


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What's included

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  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics