Propylene Oxide Market to Grow at a Surprising CAGR of 5.95% by 2029

Data Bridge Market Research analyses that the propylene oxide market will witness a CAGR of 5.95% for the forecast period of 2022-2029. Growth in the demand for propylene oxide especially in the developing economies like India and China, growing use of propylene oxide for a wide range of end user applications such as automotive, textile and furnishing, chemical and pharmaceutical, packaging, and other applications, increasing investment by the government for research and development activities and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the propylene oxide market.

Propylene oxide is a compound similar to ether or benzene, which is soluble in alcohol/ ether. Propylene oxide is a colourless, volatile, inflammable and organic compound that is used for a wide range of industrial applications.

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Some of the major players operating in the propylene oxide market report are DuPont., Dow, LyondellBasell Industries Holdings B.V., Shell group of companies, Huntsman International LLC., BASF SE, Sumitomo Chemical Co., Ltd., Tokuyama Corporation, PCC Rokita Spólka Akcyjna., PJSC "Nizhnekamskneftekhim"., Manali Petrochemicals Limited., Balchem Inc.,, INEOS, SABIC, Hanwha Group, SK chemicals, AGC Chemicals Americas, CSPC Pharmaceutical Group Limited, Air Products Inc., and Repsol among others.

Scope of the Propylene Oxide Market Report:
On the basis of production process, the propylene oxide market is segmented into chlorohydrin process, ethylbenzene hydroperoxide with tert-butyl alcohol co-product, cumene hydroperoxide process, ethylbenzene hydroperoxide with styrene co-product, and epoxidation with hydrogen peroxide.

On the basis of application, the propylene oxide market is segmented into polyether polyols, polyether polyols glycol ethers, and others.

On the basis of end-use industry, the propylene oxide market is segmented into automotive, building and construction, textile and furnishing, chemical and pharmaceutical, packaging, electronics and others.

Propylene Oxide Market Regional Analysis/Insights
The Propylene Oxide market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Propylene Oxide market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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