openPR Logo
Press release

Advancements in Propylene Oxide Market 

08-07-2018 10:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

/ PR Agency: Transparency Market Research Reports
An oxide is a binary compound combined with an electropositive element or a group. Propylene, which is a colorless gas, belongs to the alkene group. It is obtained by thermal cracking of ethylene and has a faint odor similar to petroleum. Propylene oxide is a chemical compound of propylene and oxygen. It is organic and behaves as a chemical intermediate in various chemical synthesis processes. Propylene oxide with chemical formula of CH3CHCH2O is a colorless, volatile liquid and highly flammable substance. It immediately evaporates from dry surfaces, while it is moderately volatile on wet surfaces. Propylene oxide reacts with compounds having active hydrogen atoms (amines or acids) to form chemical intermediaries, which are used in many end-use industries.

Read report overview at: https://www.transparencymarketresearch.com/propylene-oxide-market.html

The global propylene oxide market is primarily driven by the increase in demand for propylene oxide in various end-use industries such as automotive, construction & furniture, footwear, and packaging. Polyurethanes, which possess wide characteristics of hardness, rigidity, and density, are manufactured from polyether polyols. Propylene oxide is primarily used as an intermediate to produce polyether polyols. Polyurethanes are widely used in furniture, flooring materials, automobile seating, bedding, carpet underlay, and thermal industries. Therefore, rise in demand for propylene oxide is anticipated to boost the market. Increase in consumption of products which produced using propylene glycols, polyalkylene glycols, and propylene glycol ethers is also expected to propel the propylene oxide market. Rise in disposable income of consumers and rapid industrialization are estimated to drive the demand for furniture and interior goods, ultimately leading to high demand for propylene oxide and its derivatives. Expansion in the medical sector and rapid technological advancements are projected to offer lucrative opportunities to the propylene oxide market. However, volatility in prices of feedstock and regulations against transportation of propylene oxide are likely to hamper market growth.

Request to view sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=37634

Based on production process, the propylene oxide market can be divided into chlorohydrin process, styrene monomer process, TBA co-product process, hydrogen peroxide process, and cumene-based process. The chlorohydrin process segment holds significant share of the propylene oxide market. The chlorohydrin process is a reaction between propylene and chlorine atoms in the presence of water. This process is followed by dehydrochlorination to produce propylene oxide and salt.

In terms of application, the propylene oxide market can be segmented into polyether polyols, propylene glycols, propylene glycol ethers, and others. The polyether polyols segment accounts for key share of the propylene oxide market owing to the rise in usage in the production of polyurethanes. Demand for polyurethanes is high in automobile, construction, textile, and packaging industries. Others application segment includes flame retardants, fumigants, textile surfactants, and modified starch.

Based on end-use industry, the propylene oxide market can be segregated into automotive, building & construction, chemical & pharmaceutical, electronics, packaging, textile & furnishing, and others. Expansion in the building & construction industry is estimated to the boost the propylene oxide market. Propylene oxide is used extensively in adhesives, sealants, paints, grouts, waterproofing materials, and coatings.

In terms of geography, the propylene oxide market can be split into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. The market in Asia Pacific is anticipated to expand rapidly due to the easy availability of raw materials in countries such as China, Japan, and India. North America and Europe also hold significant share of the market owing to the increase in demand for propylene oxide in automobile and construction sectors.

Key players operating in the global propylene oxide market include The Dow Chemical Company, BASF SE, Huntsman Corporation, Lyondellbasell Industries Holdings, Royal Dutch Shell Plc., and Sumitomo Chemicals Co.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Advancements in Propylene Oxide Market  here

News-ID: 1165850 • Views: 298

More Releases from Transparency Market Research Reports

High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon

All 5 Releases


More Releases for Propylene

Global Propylene Carbonate Market Analysis And Forecast
The global Propylene Carbonate (PC) (CAS 108-32-7) market study covers the projection size of the market both in terms of value (Mn/Bn US$) and volume (X units). The report estimates the lookup of different local distributors in the overall market and provides the market size of the Propylene Carbonate (PC) (CAS 108-32-7) market using both bottom-up and top-down approaches. To examine the top players and their market share, primary and
Global Propylene Oxide Market 2017-2025 | Polyether Polyols, Propylene Glycols, …
Press Release – 06 Sep 2018 Research and Development News -- . . Latest Update "Global Market Study on Propylene Oxide: China and India Projected to Witness Robust Growth Rates in the APAC Regional Market During 2017-2025" with Industries Survey | Global Current Growth and Future. ' ' Market Research in its upcoming report titled Propylene Oxide Market: Global Industry Analysis and Forecast 2017-2025 has conducted an in-depth analysis of the propylene oxide market
Global Ethylene-Propylene-Diene Monomer Market
Global Ethylene-Propylene-Diene Monomer Market https://www.qandqmarketresearch.com/reports/ethylenepropylenediene-monomer-market-45 This report researches the worldwide EthylenePropyleneDiene Monomer market size value, capacity, production and consumption in key regions like North America, Europe, Asia Pacific China, Japan and other regions. This study categorizes the global EthylenePropyleneDiene Monomer breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters
Global Propylene Oxide Market During 2017-2025 | Polyether Polyols, Propylene Gl …
Propylene Oxide Market: Global Industry Analysis and Forecast 2017-2025 has conducted an in-depth analysis of the propylene oxide market for an eight year forecast period concluding in 2025. The study is based on key market segments that have been appropriately explained below. Global Propylene Oxide Market: Taxonomy - By Application Polyether Polyols Propylene Glycols Propylene Glycol Ethers Others Flame Retardant Fumigants . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1293632 ' ' - Best-in-class Research Methodology Persistence Market Research analysts
Global Propylene Capacity and Capital Expenditure Forecast
"The Report Q3 2017 Global Propylene Capacity and Capital Expenditure Review-Asia and North America to Lead Global Propylene Capacity Additions provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Propylene Capacity Market Global propylene capacity is expected to experience considerable growth over the next nine years from around 110 mtpa in 2016 to more than 140 mtpa by 2025. More
Propylene Oxide Market Report 2017 : just published
About Propylene Oxide In this report, the Asia-Pacific Propylene Oxide market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Get a Free Sample Report @ https://www.reportsandmarkets.com/sample-request/asia-pacific-propylene-oxide-market-report-2017-1620484 Geographically, this report split Asia-Pacific into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate