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Report
Propylene Oxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 139 Pages I IMARC Group
Propylene Oxide Market Overview 2023-2028:
The global propylene oxide market size reached US$ 19.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 27.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
Propylene oxide (C3H6O), also known as epoxypropane, is a synthetic cyclic ether majorly produced by either the dehydrochlorination of propylene chlorohydrin or the indirect oxidation of propylene. It is a clear, volatile liquid that is flammable, non-corrosive to metals, and soluble in water and alcohol. As a result, it is extensively utilized in the automotive, electronics, textile & furnishing, and as a precursor in the production of various chemicals. It is also applied as a fumigant for controlling bacterial contamination and insect infestations in soil and packaged food products. Besides this, minor quantities of propylene oxide are used for sterilizing medical equipment.
Propylene Oxide Market Trends:
The market growth can be attributed to the expanding applications of propylene oxide in various end use industries. For instance, polyether polyols and propylene glycol ethers produced from propylene oxide, are widely utilized in the textile, automotive, construction and aerospace industries. It is also used as a transition fluid in tissue processing for transmission electron microscopy (TEM). Apart from this, changing lifestyles, burgeoning food and beverage (F&B) industry and the growing health consciousness among individuals are escalating the demand for packaged food products, which, in turn, is contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global propylene oxide market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on production process, application and end use industry.
Breakup by Production Process:
Chlorohydrin Process (CHPO)
Styrene Monomer Process
Hydrogen Peroxide Process
TBA Co-Product Process
Cumene-based Process
Breakup by Application:
Polyether Polyols
Propylene Glycols
Propylene Glycol Ethers (PGE)
Polyalkylene Glycols
Others
Breakup by End Use Industry:
Automotive
Construction
Chemicals and Pharmaceuticals
Packaging
Textile and Furnishing
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being AGC Chemicals Americas Inc., Air Liquide S.A., BASF SE, Dow Inc., Eastman Chemical Company, Huntsman International LLC, Ineos Chemicals Company, LyondellBasell Industries Holdings B.V., Mitsui Chemicals, Repsol S.A., Royal Dutch Shell PLC, Saudi Arabia Basic Industries Corporation (Saudi Aramco), SK Chemicals Co. Ltd., Sumitomo Chemical Co. Ltd. and Tokuyama Corporation.
Key Questions Answered in This Report:
How has the global propylene oxide market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global propylene oxide market?
What are the key regional markets?
What is the breakup of the market based on the production process?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global propylene oxide market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Propylene Oxide Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Production Process
6.1Chlorohydrin Process (CHPO)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Styrene Monomer Process
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Hydrogen Peroxide Process
6.3.1 Market Trends
6.3.2 Market Forecast
6.4TBA Co-Product Process
6.4.1 Market Trends
6.4.2 Market Forecast
6.5Cumene-based Process
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1Polyether Polyols
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Propylene Glycols
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Propylene Glycol Ethers (PGE)
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Polyalkylene Glycols
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End Use Industry
8.1Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Construction
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Chemicals and Pharmaceuticals
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Packaging
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Textile and Furnishing
8.5.1 Market Trends
8.5.2 Market Forecast
8.6Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1AGC Chemicals Americas Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2Air Liquide S.A.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4Dow Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5Eastman Chemical Company
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6Huntsman International LLC
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7Ineos Chemicals Company
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8LyondellBasell Industries Holdings B.V.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9Mitsui Chemicals
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10Repsol S.A.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11Royal Dutch Shell PLC
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.12Saudi Arabia Basic Industries Corporation (Saudi Aramco)
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13SK Chemicals Co. Ltd.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.14Sumitomo Chemical Co. Ltd.
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.14.3 Financials
14.3.14.4 SWOT Analysis
14.3.15Tokuyama Corporation
14.3.15.1 Company Overview
14.3.15.2 Product Portfolio
14.3.15.3 Financials
14.3.15.4 SWOT Analysis
Figure 1: Global: Propylene Oxide Market: Major Drivers and Challenges
Figure 2: Global: Propylene Oxide Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Propylene Oxide Market: Breakup by Production Process (in %), 2022
Figure 4: Global: Propylene Oxide Market: Breakup by Application (in %), 2022
Figure 5: Global: Propylene Oxide Market: Breakup by End Use Industry (in %), 2022
Figure 6: Global: Propylene Oxide Market: Breakup by Region (in %), 2022
Figure 7: Global: Propylene Oxide Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Propylene Oxide (Chlorohydrin Process) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Propylene Oxide (Chlorohydrin Process) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Propylene Oxide (Styrene Monomer Process) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Propylene Oxide (Styrene Monomer Process) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Propylene Oxide (Hydrogen Peroxide Process) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Propylene Oxide (Hydrogen Peroxide Process) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Propylene Oxide (TBA Co-Product Process) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Propylene Oxide (TBA Co-Product Process) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Propylene Oxide (Cumene-based Process) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Propylene Oxide (Cumene-based Process) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Propylene Oxide (Polyether Polyols) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Propylene Oxide (Polyether Polyols) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Propylene Oxide (Propylene Glycols) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Propylene Oxide (Propylene Glycols) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Propylene Oxide (Propylene Glycol Ethers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Propylene Oxide (Propylene Glycol Ethers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Propylene Oxide (Polyalkylene Glycols) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Propylene Oxide (Polyalkylene Glycols) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Propylene Oxide (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Propylene Oxide (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Propylene Oxide (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Propylene Oxide (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Propylene Oxide (Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Propylene Oxide (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Propylene Oxide (Chemicals and Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Propylene Oxide (Chemicals and Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Propylene Oxide (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Propylene Oxide (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Propylene Oxide (Textile and Furnishing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Propylene Oxide (Textile and Furnishing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Propylene Oxide (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Propylene Oxide (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: North America: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: United States: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United States: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Canada: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Canada: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Asia Pacific: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Asia Pacific: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: China: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: China: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Japan: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Japan: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: India: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: India: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: South Korea: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: South Korea: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Australia: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Australia: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Indonesia: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Indonesia: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Europe: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Europe: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Germany: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Germany: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: France: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: France: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: United Kingdom: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: United Kingdom: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Italy: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Italy: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Spain: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Spain: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Russia: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Russia: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Latin America: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Latin America: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Brazil: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Brazil: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Mexico: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Mexico: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Middle East and Africa: Propylene Oxide Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Middle East and Africa: Propylene Oxide Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Propylene Oxide Industry: SWOT Analysis
Figure 89: Global: Propylene Oxide Industry: Value Chain Analysis
Figure 90: Global: Propylene Oxide Industry: Porters Five Forces Analysis
Table 1: Global: Propylene Oxide Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Propylene Oxide Market Forecast: Breakup by Production Process (in Million US$), 2023-2028
Table 3: Global: Propylene Oxide Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Propylene Oxide Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Propylene Oxide Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Propylene Oxide Market: Competitive Structure
Table 7: Global: Propylene Oxide Market: Key Players
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