Propylene Oxide Market Research Report – Global Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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Propylene Oxide Market Research Report – Global Forecast to 2023
Market Overview / Study Objective / Synopsis Propylene Oxide is a highly reactive compound, found as a colorless liquid and is used majorly in the manufacture of Polyether Polyols and propylene glycol. Polyether Polyols is an intermediate in the production of polyurethane foam which finds major application as coatings, adhesives & sealants among others. Polyether Polyols are also used as oil demulsifiers which is a major use in oil and gas exploration. Propylene oxide is a certified compound in food industry, used to reduce bacteria, yeast and other related microbes in food storages. Propylene Glycol is used as coating to de-ice in the aviation industry. In automotive industry, Propylene Glycol is used as a hydraulic fluid in braking systems of automotive industry.
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Propylene Oxide Market Research Report – Global Forecast to 2023
Top 10 Global key Players & Their Strategy Key Players: Some of the prominent players operating in the Propylene Oxide Market are The Dow Chemical Company (U.S.), LyondellBasell Industries N.V. (the Netherlands), Royal Dutch Shell plc (the Netherlands), Huntsman Corporation (U.S.), BASF SE (Germany), Repsol S.A. (Spain), Asahi Glass Co., Ltd. (Japan), INEOS Private Limited Company (U.K.), Sumitomo Group (Japan), Chevron Phillips Chemical (U.S.). Intended Audience • Propylene Oxide Manufacturers • Traders and Distributors of Propylene Oxide • Research and Development Institutes
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Propylene Oxide Market Research Report – Global Forecast to 2023
Segmentation Analysis The Global Propylene Oxide Market is segmented on the basis of applications, end use industry and region. On the basis of applications, the market is segmented into polyether polyols, propylene glycol, fumigation, adhesives and sealants, & oil demulsifier. On the basis of end use industry, the market is classified into construction, paints and coatings, oil & gas, food, & transportation. Regional Analysis North American audience of Propylene Glycol Market are more in the transportation sector. Since this industry uses Propylene Glycol as hydraulic fluids in the automotive industry and as well as de-icing agent in airplanes and other aerospace vehicles therefore factors will drive the market in the forecast period.
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Propylene Oxide Market Research Report – Global Forecast to 2023
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