Propylene Oxide Market

Propylene Oxide Market by Application (Polyether Polyols, Propylene Glycols),Production Process (Chlorohydrin, Styrene Monomer, Cumene Based), End-Use Industry (Automotive, Building & Construction), and Geography - Global Forecast to 2026

Report Code: CH 5512 Jul, 2021, by marketsandmarkets.com

[197 Pages Report] The global market for propylene oxide was valued at USD 22.5 billion in 2021 and is projected to reach USD 29.5 billion by 2026, at a CAGR of 5.6% between 2021 and 2026. The increasing demand for polyurethane foam products in day-to-day activities and use of propylene oxide as a raw material in automotive, building & construction, textile & furnishing, electronics and other end use industries is expected to drive demand for propylene oxide across the globe.

Propylene Oxide Market

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COVID-19 Impact on the Global Propylene Oxide Market

The propylene oxide market includes major Tier I and II companies like Dow Inc. (US), LyondellBasell Industries Holdings B.V. (Netherlands), Royal Dutch Shell PLC (Netherlands), BASF SE (Germany), SKC Company (South Korea), AGC Inc. (Japan), Repsol (Spain), Sumitomo Chemical Co., Ltd. (Japan), Tokuyama Corporation (Japan), and Indorama Ventures Public Company (Thailand). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, Middle East & Africa. COVID-19 has impacted their businesses as well.

When the COVID–19 pandemic spread across the world in March 2020, there was a lot of uncertainty about the future demand for propylene oxide. The automotive, construction, and furniture end use industries slowed due to uncertain market demand and reduced operating rates of manufacturing facilities. In March 2020, COVID–19 related lockdowns caused the inventory of raw materials, for instance, propylene, to fall in the US. Propylene supply from refineries was affected as the demand for petrochemical products, such as jet fuel, gasoline, and diesel, fell; thus, reducing the operating rates of these refineries. European propylene derivative producers rely on exports from China. However, the supply was affected due to COVID–19 restrictions. In April 2020, operating rates of steam crackers and other propylene–producing units were reduced by approximately 25%––30% in China, as demand fell. This had a domino effect on the propylene oxide market in 2020.

Propylene Oxide Market Dynamics

Drivers: Demand for propylene oxide from end use industries

Propylene oxide is being increasingly used across various end-use industries, such as building & construction and automotive. In the building & construction industry, there is a growing focus on constructing energy-efficient buildings, which has led to an increase in the demand for polyurethane materials. These materials are used in insulation applications to reduce energy loss. Whether it be rigid foams used as sandwich elements for new constructions, and insulation blocks, or spray foam for energetic modernization, polyurethane foams are the key to modern energy management. The second-largest application of propylene oxide is propylene glycol with monopropylene glycol (MPG) being the main product. MPG is mainly used to make unsaturated polyester resins (UPR), of which nearly three–quarters are reinforced with fiber glass or mineral fillers to form fiber glass reinforced plastics (FRPs). These uses of propylene oxide highlight its importance and utility in modern times.

Restraints: Toxic nature of propylene oxide

Propylene oxide is used in the production of polyether polyols (the primary component of polyurethane foams) and propylene glycol, di–propylene glycol, and glycol ethers. Propylene oxide is also used in the fumigation of certain foods and medical instruments made of plastic. Acute (short–term) exposure to propylene oxide causes eye and respiratory tract irritation in humans and animals. Dermal contact, even with dilute solutions, causes skin irritation and necrosis in humans. Propylene oxide also acts as a mild central nervous system depressant. Inflammatory lesions of the nasal cavity, trachea, and lungs and neurological effects have been observed in animals chronically (long–term) exposed to propylene oxide inhalation. The Environmental Protection Agency has classified propylene oxide as a Group B2, a probable human carcinogen. Hence, the toxic nature of propylene oxide acts as a restraint to the growth of the propylene oxide market, globally.

Opportunities: Emerging applications in healthcare industry

Increasing human life expectancy, along with the rise in spending and innovation in the healthcare sector, have fueled the growth of the polyurethane market in the medical devices industry. Over the last few decades, the use of polyurethane in the healthcare industry has increased due to the rise in the adoption of new technologies. polyurethane–containing devices, such as pacemakers, non–allergic gloves, medical garments, hospital bedding, hip replacements, and wound dressings are widely used in the healthcare industry. Polyurethane is also used in short–term implants. The growing healthcare industry is expected to provide high–growth opportunities for the polyurethane segment of the propylene oxide market.

Challenges: ;Use of bio-based feedstock for polyurethane foam instead of petroleum

Most of the polyols that are used in the production of polyurethane foam are derived from petroleum feedstocks, but the increasing concern over their environmental impact and the projected scarcity of petroleum in the future has led to the development of polyurethane foam from bio and renewable raw materials. The growing interest in the use of renewable materials has led to increasing use of renewable and sustainable products, such as green and bio-based polyols, in the production of polyurethane foam. Different kinds of vegetable oils have also been used in the production of polyurethane foam, such as castor oil, palm oil, soybean oil, rapeseed oil, canola oil, and tung oil, among others. The development of these new bio-based feedstocks to manufacture polyurethanes acts as a challenge to the growth of the propylene oxide market.

Propylene Oxide Market Ecosystem

Propylene Oxide Market by Ecosystem

Increased demand for polyether polyols from the polyurethane industry drives this application segment

Polyether polyols are mainly used in the manufacturing of polyurethanes (flexible foams).  Polyether polyols are also used to manufacture rigid foams and are used in coatings, adhesives, sealants, and elastomers (CASE) applications. The growth of the polyether polyols segment is mainly driven by the increased demand for polyether polyols from the polyurethane industry. Polyurethanes (flexible foams) are used in a wide range of applications, such as bedding, furniture, carpets, vehicle interiors, and seats.

Automotive end use industry is projected to account for the largest share during the forecast period

Propylene oxide is used in the production of polyether polyols, which are used for manufacturing rigid and flexible polyurethane foams. Both rigid and flexible foams are used in car seats, hand rest, over liners, floor, and in other various interior, exterior, and under the bonnet applications. The polyols derivative of propylene oxide is also used in non–foam automotive applications, such as coatings, adhesives, sealants, and elastomers, as well as thermoplastic resins and fibers.

Hydrogen peroxide process generates lesser co-products as compared to other production processes for propylene oxide

In the hydrogen peroxide process, the reaction is relatively straightforward, with the generation of a few by-products and no sizeable co-products. Water is the co-product of this process, and it can be treated nominally and discharged. The hydrogen peroxide process does not use chlorine. As such, the production of chlorinated by-products and copious amount of wastewater is avoided. Several companies have been developing technologies for the production of propylene oxide from propylene and hydrogen peroxide.

Consumption of propylene oxide in the Asia Pacific region to account for the largest share during the forecast period due to large manufacturing base in this region

The Asia Pacific region accounts for the largest share of the global market due to use of propylene oxide in polyurethane applications. The Asia Pacific region is a global manufacturing hub due to presence of automotive, building & construction, chemical & pharmaceutical, textile, electronics and packaging product manufacturers. All these industries utilize polyurethane foam as an intermediate or as a raw material. Hence, demand for polyurethane foam has always remained high in this region. Propylene oxide is also used for manufacturing chemical intermediates such as propylene glycol, glycol ethers, synthetic lubricants, specialty surfactants, flame retardants and others. The Asia Pacific region also houses numerous SME firms engaged in the production of these aforementioned intermediates, leading to a sustained demand for propylene oxide. The demand for such polyurethane foam applications and chemical intermediaries is expected to increase during the forecast period as population, level of urbanization, income, and purchasing power increases in the Asia Pacific region. This is expected to further boost the market in the Asia Pacific region.

Propylene Oxide Market by Region

Key Market Players

Some of the leading players operating in the propylene oxide market include companies like Dow Inc. (US), LyondellBasell Industries Holdings B.V. (Netherlands), Royal Dutch Shell PLC (Netherlands), BASF SE (Germany), SKC Company (South Korea), AGC Inc. (Japan), Repsol (Spain), Sumitomo Chemical Co., Ltd. (Japan), Tokuyama Corporation (Japan), Indorama Ventures Public Company (Thailand), INEOS Oxide (Switzerland), Jishen Chemical Industry Co. Ltd. (China), Manali Petrochemicals (India), Tianjin Dagu Chemical Co., Ltd. (China), PJSC Nizhnekamskneftekhim (Russia), PCC Rokita (Poland), Wudi XINYUE Chemical Co., Ltd. (China), Oltchim S.A. (Ukraine), Wanhua Chemical Group Co. Ltd. (China), S–OIL Corporation (South Korea), Tokyo Chemical Industry Co. Ltd. (Japan). Befar group (China), and Merck KGaA (Germany). These players have acquisitions, agreements, expansions, and joint ventures as the major strategies to consolidate their position in the market.

Scope of the report

Report Metric

Details

Market Size Available for Years

2017–2026

Base Year Considered

2020

Forecast Period

2021–2026

Forecast Units

Volume (Kiloton), Value (USD Million)

Segments Covered

End-use Industry, Application, Production Process, and Region

Geographies Covered

North America, Asia Pacific, Europe, the Middle East & Africa, and South America

Companies Covered

Dow Inc. (US), LyondellBasell Industries Holdings B.V. (Netherlands), Royal Dutch Shell PLC (Netherlands), BASF SE (Germany), SKC Company (South Korea), AGC Inc. (Japan), Repsol (Spain), Sumitomo Chemical Co., Ltd. (Japan), Tokuyama Corporation (Japan), Indorama Ventures Public Company (Thailand),INEOS Oxide (Switzerland), Jishen Chemical Industry Co. Ltd. (China), Manali Petrochemicals (India), Tianjin Dagu Chemical Co., Ltd. (China), PJSC Nizhnekamskneftekhim (Russia), PCC Rokita (Poland), Wudi XINYUE Chemical Co., Ltd. (China), Oltchim S.A. (Ukraine), Wanhua Chemical Group Co. Ltd. (China), S–OIL Corporation (South Korea), Tokyo Chemical Industry Co. Ltd. (Japan). Befar group (China), and Merck KGaA (Germany)

This research report categorizes the propylene oxide market based on application, end-use industry, production process, and region and forecasts revenues as well as analyzes trends in each of these submarkets.

Based on end-use industry the propylene oxide market has been segmented into:

  • Automotive
  • Building & Construction
  • Textile & Furnishing
  • Chemical & Pharmaceutical
  • Packaging
  • Electronics
  • Others (Food, and Paints & Coatings)

Based on application, the propylene oxide market has been segmented into:

  • Polyether Polyols
  • Propylene Glycol
  • Glycol Ethers
  • Others (1,4–Butanediol, Polyalkylene Glycols, Synthetic Lubricants, Modified Starch, Flame Retardants, Polyoxypropylene Amines, Isopropanol Amines, Propylene Carbonate, Specialty Surfactants, and Dipropylene Glycol)

Based on the production process, the propylene oxide market has been segmented into:

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

Based on the region, the propylene oxide market has been segmented into:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Recent Developments

  • In January 2021, LyondellBasell Industries Holdings B.V. has expanded its existing relationship with Sinopec through the formation of a 50/50 joint venture, which will build a new propylene oxide and styrene monomer (SM) unit under the name Ningbo ZRCC LyondellBasell New Material Company Limited. Both joint ventures will cater to the rapidly growing Chinese market.
  • In January 2020, Indorama Ventures Public Company Ltd. acquired Integrated Oxides and Derivatives businesses/assets from Huntsman Corporation US. The acquired business manufactures the following key products: ethylene oxide, propylene oxide, glycols, ethanolamines, surfactants, Linear Alkylbenzene (LAB), and Methyl Tertiary–butyl Ether (MTBE). The acquisition of Huntsman Corporation also includes certain R&D Centers and patents & technology, as per the Equity & Asset Purchase Agreement.
  • In December 2019,  Sumitomo Chemical Co., Ltd. completed the construction of two catalyst manufacturing lines in its Chiba Works location (Ichihara, Chiba) to meet the demand for polypropylene and propylene oxide, and to enhance their chemical business.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 25)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 INCLUSIONS & EXCLUSIONS
           TABLE 1 PROPYLENE OXIDE MARKET, BY APPLICATION: INCLUSIONS & EXCLUSIONS
           TABLE 2 PROPYLENE OXIDE MARKET, BY PRODUCTION PROCESS: INCLUSIONS & EXCLUSIONS
           TABLE 3 PROPYLENE OXIDE MARKET, BY END–USE INDUSTRY: INCLUSIONS & EXCLUSIONS
           TABLE 4 PROPYLENE OXIDE MARKET, BY REGION: INCLUSIONS & EXCLUSIONS
    1.4 MARKET SCOPE
           1.4.1 PROPYLENE OXIDE MARKET SEGMENTATION
                    FIGURE 1 PROPYLENE OXIDE MARKET: SEGMENTATION
           1.4.2 REGIONS COVERED
           1.4.3 YEARS CONSIDERED FOR THE STUDY
    1.5 CURRENCY
    1.6 UNIT CONSIDERED
    1.7 LIMITATIONS
    1.8 STAKEHOLDERS
    1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 32)
    2.1 RESEARCH DATA
           FIGURE 2 PROPYLENE OXIDE MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 List of participating companies for primary research
                    2.1.2.3 Key industry insights
                    2.1.2.4 Breakdown of primary interviews
    2.2 BASE NUMBER CALCULATION
           2.2.1 DEMAND–SIDE APPROACH
                    FIGURE 3 BASE NUMBER CALCULATION METHODOLOGY: DEMAND–SIDE APPROACH (VOLUME)
           2.2.2 SUPPLY–SIDE APPROACH
                    FIGURE 4 BASE NUMBER CALCULATION METHODOLOGY: SUPPLY–SIDE APPROACH (VOLUME)
    2.3 MARKET SIZE ESTIMATION
           FIGURE 5 MARKET SIZE ESTIMATION: BOTTOM–UP APPROACH
           2.3.1 TOP–DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION: TOP–DOWN APPROACH
    2.4 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
           2.4.1 SUPPLY SIDE
                    TABLE 5 HISTORICAL GROWTH RATE OF COMPANIES IN THE PROPYLENE OXIDE MARKET
    2.5 DATA TRIANGULATION
    2.6 ASSUMPTIONS
    2.7 RISK ASSESSMENT

3 EXECUTIVE SUMMARY (Page No. - 43)
    TABLE 6 PROPYLENE OXIDE MARKET SNAPSHOT, 2021 & 2026
    FIGURE 7 POLYETHER POLYOLS APPLICATION ACCOUNTED FOR THE LARGEST SHARE OF THE PROPYLENE OXIDE MARKET IN 2020
    FIGURE 8 ASIA PACIFIC TO BE THE FASTEST–GROWING REGIONAL MARKET FOR PROPYLENE OXIDE

4 PREMIUM INSIGHTS (Page No. - 46)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE GLOBAL PROPYLENE OXIDE MARKET
           FIGURE 9 THE NEED FOR POLYURETHANE FOAM IN MULTIPLE END–USE INDUSTRIES DRIVES GROWTH OF THE PROPYLENE OXIDE MARKET
    4.2 PROPYLENE OXIDE MARKET, BY APPLICATION
           FIGURE 10 POLYETHER POLYOLS APPLICATION TO GROW THE FASTEST
    4.3 ASIA PACIFIC: PROPYLENE OXIDE MARKET, BY APPLICATION AND COUNTRY
           FIGURE 11 CHINA ACCOUNTED FOR THE LARGEST SHARE IN THE MARKET
    4.4 PROPYLENE OXIDE MARKET: MAJOR COUNTRIES
           FIGURE 12 CHINA AND INDIA TO OFFER LUCRATIVE GROWTH OPPORTUNITIES DURING THE FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 48)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: PROPYLENE OXIDE MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increasing demand for polyether polyols for the production of polyurethane
                               FIGURE 14 GLOBAL POLYURETHANE DEMAND
                    5.2.1.2 Demand for propylene oxide from end–use industries
           5.2.2 RESTRAINTS
                    5.2.2.1 Impact of COVID–19 on automotive and construction industries
                               FIGURE 15 GLOBAL CAR SALES
                               FIGURE 16 US CONSTRUCTION ACTIVITY EXPENDITURE
                    5.2.2.2 Toxic nature of propylene oxide
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growing opportunities in developing economies
                               FIGURE 17 WORLD POPULATION CONCENTRATION, 2020
                               FIGURE 18 ASIA PACIFIC AVERAGE GDP GROWTH, 2016–2025
                    5.2.3.2 Emerging applications in healthcare industry
           5.2.4 CHALLENGES
                    5.2.4.1 Price volatility of raw materials
                               TABLE 7 GLOBAL OIL & GAS PRICES, USD/BBL (2016–2020)
                    5.2.4.2 Use of bio–based feedstock for polyurethane foam instead of petroleum
    5.3 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 19 PORTER’S FIVE FORCES ANALYSIS: PROPYLENE OXIDE MARKET
           TABLE 8 PORTER’S FIVE FORCES ANALYSIS: PROPYLENE OXIDE MARKET
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 COVID–19 IMPACT ANALYSIS
           5.4.1 COVID–19 HEALTH ASSESSMENT
           FIGURE 20 COUNTRY–WISE SPREAD OF COVID–19
           FIGURE 21 IMPACT OF COVID–19 IN 2020 (Q4) ON DIFFERENT COUNTRIES
           FIGURE 22 THREE SCENARIO–BASED ANALYSIS OF COVID–19 IMPACT ON GLOBAL ECONOMY
    5.5 COVID–19 IMPACT ON PROPYLENE OXIDE MARKET
           5.5.1 WORLDWIDE SCENARIO
           5.5.2 COVID–19 IMPACT ON RAW MATERIAL – PROPYLENE
           5.5.3 MACROECONOMIC INDICATORS
                    5.5.3.1 Oil & Gas Industry
                               TABLE 9 GLOBAL OIL & GAS PRICES, USD/BBL (2016–2020)
                               FIGURE 23 GLOBAL OIL DEMAND GROWTH (2016–2021)
                    5.5.3.2 Manufacturing Industry
                               FIGURE 24 ANNUAL GROWTH RATE OF WORLD MANUFACTURING OUTPUT
                    5.5.3.3 Iron & Steel Industry
    5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
           FIGURE 25 REVENUE SHIFT & NEW REVENUE POCKETS FOR PROPYLENE OXIDE MANUFACTURERS
    5.7 ECOSYSTEM/MARKET MAP OF PROPYLENE OXIDE
           FIGURE 26 ECOSYSTEM/MARKET MAP OF PROPYLENE OXIDE
           TABLE 10 PROPYLENE OXIDE MARKET: ECOSYSTEM
    5.8 PATENT ANALYSIS
           5.8.1 INTRODUCTION
                    FIGURE 27 PUBLICATION TRENDS (2010–2020)
           5.8.2 INSIGHTS
                    FIGURE 28 PROPYLENE OXIDE PATENTS, TREND ANALYSIS
           5.8.3 TOP PATENT HOLDERS
    5.9 REGULATORY LANDSCAPE
           TABLE 11 OCCUPATIONAL EXPOSURE LIMITS AND GUIDELINES FOR PROPYLENE OXIDE
           5.9.1 COAST GUARD, DEPARTMENT OF HOMELAND SECURITY
           5.9.2 DEPARTMENT OF TRANSPORTATION (DOT)
           5.9.3 ENVIRONMENTAL PROTECTION AGENCY (EPA)
                    5.9.3.1 Clean Air Act
                    5.9.3.2 Federal Insecticide, Fungicide, and Rodenticide Act
           5.9.4 FOOD AND DRUG ADMINISTRATION (FDA)
           5.9.5 OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION (OSHA)
    5.10 TECHNOLOGY ANALYSIS
           5.10.1 OVERVIEW
           5.10.2 CHLOROHYDRIN PROCESS (CHPO)
           5.10.3 ETHYLBENZENE HYDROPEROXIDE WITH STYRENE CO–PRODUCT (POSM)
           5.10.4 CUMENE HYDROPEROXIDE (CHP) PROCESS
           5.10.5 EPOXIDATION WITH HYDROGEN PEROXIDE (HPPO)
    5.11 VALUE CHAIN ANALYSIS
    5.12 AVERAGE SELLING PRICE TREND
           FIGURE 29 AVERAGE PRICES OF PROPYLENE OXIDE, BY REGION (USD/TON)
           TABLE 12 AVERAGE PRICES OF PROPYLENE OXIDE, BY REGION (USD/TON)

6 PROPYLENE OXIDE MARKET, BY APPLICATION (Page No. - 76)
    6.1 INTRODUCTION
           FIGURE 30 PROPYLENE OXIDE MARKET, BY APPLICATION, 2021 & 2026
           TABLE 13 PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
           TABLE 14 PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
    6.2 POLYETHER POLYOLS
           6.2.1 INCREASED DEMAND FOR POLYETHER POLYOLS FROM THE POLYURETHANE INDUSTRY DRIVES THE SEGMENT
                    TABLE 15 PROPYLENE OXIDE MARKET SIZE IN POLYETHER POLYOLS, BY REGION, 2017–2026 (KILOTON)
                    TABLE 16 PROPYLENE OXIDE MARKET SIZE IN POLYETHER POLYOLS, BY REGION, 2017–2026 (USD MILLION)
    6.3 PROPYLENE GLYCOL
           6.3.1 PETROLEUM–BASED PROPYLENE GLYCOL FUELING THE GROWTH OF PROPYLENE OXIDE MARKET
                    TABLE 17 PROPYLENE OXIDE MARKET SIZE IN PROPYLENE GLYCOL, BY REGION, 2017–2026 (KILOTON)
                    TABLE 18 PROPYLENE OXIDE MARKET SIZE IN PROPYLENE GLYCOL, BY REGION, 2017–2026 (USD MILLION)
    6.4 GLYCOL ETHERS
           6.4.1 USE IN VARIOUS END–USE INDUSTRIES TO FAVOR MARKET GROWTH
                    TABLE 19 PROPYLENE OXIDE MARKET SIZE IN GLYCOL ETHERS, BY REGION, 2017–2026 (KILOTON)
                    TABLE 20 PROPYLENE OXIDE MARKET SIZE IN GLYCOL ETHERS, BY REGION, 2017–2026 (USD MILLION)
    6.5 OTHERS
           TABLE 21 PROPYLENE OXIDE MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2026 (KILOTON)
           TABLE 22 PROPYLENE OXIDE MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2026 (USD MILLION)

7 PROPYLENE OXIDE MARKET, BY END–USE INDUSTRY (Page No. - 83)
    7.1 INTRODUCTION
           FIGURE 31 AUTOMOTIVE END–USE INDUSTRY TO LEAD THE PROPYLENE OXIDE MARKET
           TABLE 23 PROPYLENE OXIDE MARKET SIZE, BY END–USE INDUSTRY, 2017–2026 (KILOTON)
    7.2 AUTOMOTIVE
           7.2.1 AUTOMOTIVE ACCOUNTED FOR THE LARGEST SHARE OF THE MARKET
    7.3 BUILDING & CONSTRUCTION
           7.3.1 BUILDING & CONSTRUCTION IS ONE OF THE MAJOR END–USE INDUSTRIES OF PROPYLENE OXIDE
    7.4 CHEMICAL & PHARMACEUTICAL
           7.4.1 PROPYLENE OXIDE IS USED FOR MANUFACTURING PROPYLENE GLYCOL ETHERS THAT ARE COMMONLY USED AS SOLVENTS AND COUPLING AGENTS IN PAINTS
    7.5 TEXTILE & FURNISHING
           7.5.1 PROPYLENE OXIDE IS USED TO PRODUCE NON–TOXIC TEXTILES AND IN SEPARATION OF CRUDE OIL EMULSIONS
    7.6 PACKAGING
           7.6.1 PROPYLENE OXIDE IS THE MATERIAL OF CHOICE FOR SMALL, LIGHT, AND SHOCK–SENSITIVE PRODUCTS
    7.7 ELECTRONICS
           7.7.1 PROPYLENE GLYCOL ETHER IS REQUIRED FOR MANUFACTURING AND MAINTENANCE OF ELECTRONIC COMPONENTS
    7.8 OTHERS

8 PROPYLENE OXIDE MARKET, BY PRODUCTION PROCESS (Page No. - 87)
    8.1 INTRODUCTION
           FIGURE 32 CHLOROHYDRIN PROCESS TO ACCOUNT FOR THE LARGEST SHARE OF THE MARKET
           TABLE 24 PROPYLENE OXIDE MARKET SIZE, BY PRODUCTION PROCESS, 2017–2026 (KILOTON)
    8.2 CHLOROHYDRIN PROCESS
           8.2.1 A SIGNIFICANT AMOUNT OF PROPYLENE OXIDE PRODUCTION CAPACITIES USE THIS PROCESS
    8.3 STYRENE MONOMER PROCESS
           8.3.1 THE STYRENE MONOMER/PROPYLENE PRODUCTION PROCESS IS GAINING POPULARITY, OWING TO ITS SUPERIOR ECONOMICS
    8.4 TBA CO–PRODUCT PROCESS
           8.4.1 THIS IS AN ALTERNATIVE EPOXIDATION METHOD THAT USES ISOBUTANE TO PRODUCE TBA CO–PRODUCT
    8.5 HYDROGEN PEROXIDE PROCESS
           8.5.1 EPOXIDATION OF HYDROGEN PEROXIDE IS CARRIED OUT TO PRODUCE PROPYLENE OXIDE
    8.6 CUMENE–BASED PROCESS
           8.6.1 THIS PROCESS UTILIZES ORGANIC PEROXIDES FOR EPOXIDATION OF PROPYLENE TO PROPYLENE OXIDE WITH ONLY WATER AS BY–PRODUCT

9 PROPYLENE OXIDE MARKET, BY REGION (Page No. - 92)
    9.1 INTRODUCTION
           FIGURE 33 CHINA EMERGING AS THE NEW HOTSPOT FOR THE PROPYLENE OXIDE MARKET
           TABLE 25 PROPYLENE OXIDE MARKET SIZE, BY REGION, 2017–2026 (KILOTON)
           TABLE 26 PROPYLENE OXIDE MARKET SIZE, BY REGION, 2017–2026 (USD MILLION)
    9.2 ASIA PACIFIC
           FIGURE 34 ASIA PACIFIC: PROPYLENE OXIDE MARKET SNAPSHOT
           TABLE 27 ASIA PACIFIC: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY,2017–2026 (KILOTON)
           TABLE 28 ASIA PACIFIC: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (USD MILLION)
           TABLE 29 ASIA PACIFIC: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
           TABLE 30 ASIA PACIFIC: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.2.1 CHINA
                    9.2.1.1 China is the largest market for propylene oxide in the world
                               TABLE 31 CHINA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION,2017–2026 (KILOTON)
                               TABLE 32 CHINA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.2.2 JAPAN
                    9.2.2.1 Consumption of propylene oxide to increase due to growing automotive and construction industries
                               TABLE 33 JAPAN: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 34 JAPAN: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.2.3 INDIA
                    9.2.3.1 India to witness the highest growth in consumption of propylene oxide
                               TABLE 35 INDIA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 36 INDIA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.2.4 SOUTH KOREA
                    9.2.4.1 One of the leading producers and consumers of propylene oxide in the region
                               TABLE 37 SOUTH KOREA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 38 SOUTH KOREA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.2.5 THAILAND
                    9.2.5.1 Increasing construction activities in Thailand to favor market growth
                               TABLE 39 THAILAND: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 40 THAILAND: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.2.6 AUSTRALIA
                    9.2.6.1 Emerging market for consumption of propylene oxide
                               TABLE 41 AUSTRALIA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 42 AUSTRALIA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.2.7 REST OF ASIA PACIFIC
                    TABLE 43 REST OF ASIA PACIFIC: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                    TABLE 44 REST OF ASIA PACIFIC: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
    9.3 NORTH AMERICA
           FIGURE 35 NORTH AMERICA: PROPYLENE OXIDE MARKET SNAPSHOT
           TABLE 45 NORTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (KILOTON)
           TABLE 46 NORTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (USD MILLION)
           TABLE 47 NORTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
           TABLE 48 NORTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.3.1 US
                    9.3.1.1 A leading producer and consumer of propylene oxide and its derivatives
                               TABLE 49 US: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 50 US: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.3.2 CANADA
                    9.3.2.1 Excellent manufacturing facilities and infrastructure to drive propylene oxide growth
                               TABLE 51 CANADA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 52 CANADA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.3.3 MEXICO
                    9.3.3.1 Free trade agreement with other countries to fuel the market growth
                               TABLE 53 MEXICO: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 54 MEXICO: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
    9.4 EUROPE
           FIGURE 36 EUROPE: PROPYLENE OXIDE MARKET SNAPSHOT
           TABLE 55 EUROPE: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (KILOTON)
           TABLE 56 EUROPE: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (USD MILLION)
           TABLE 57 EUROPE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
           TABLE 58 EUROPE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.4.1 GERMANY
                    9.4.1.1 Consumption of propylene oxide to increase due to the growing automotive industry
                               TABLE 59 GERMANY: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 60 GERMANY: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.4.2 FRANCE
                    9.4.2.1 Presence of foreign investors will drive the propylene oxide market
                               TABLE 61 FRANCE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 62 FRANCE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.4.3 UK
                    9.4.3.1 Preference for sustainable and high–quality propylene oxide to drive the market
                               TABLE 63 UK: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 64 UK: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.4.4 ITALY
                    9.4.4.1 Developing automotive and construction industries to boost the market
                               TABLE 65 ITALY: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 66 ITALY: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.4.5 SPAIN
                    9.4.5.1 Growth in the commercial construction sector to lead to market growth
                               TABLE 67 SPAIN: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 68 SPAIN: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.4.6 NETHERLANDS
                    9.4.6.1 The polyether polyols application segment leads the propylene oxide market
                               TABLE 69 NETHERLANDS: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 70 NETHERLANDS: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.4.7 RUSSIA
                    9.4.7.1 Investment in unsaturated polyester resin and polyurethanesto drive the market
                               TABLE 71 RUSSIA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 72 RUSSIA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.4.8 REST OF EUROPE
                    TABLE 73 REST OF EUROPE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                    TABLE 74 REST OF EUROPE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
    9.5 MIDDLE EAST & AFRICA
           TABLE 75 MIDDLE EAST & AFRICA: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (KILOTON)
           TABLE 76 MIDDLE EAST & AFRICA: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (USD MILLION)
           TABLE 77 MIDDLE EAST & AFRICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
           TABLE 78 MIDDLE EAST & AFRICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.5.1 SAUDI ARABIA
                    9.5.1.1 Saudi Arabia accounts for the largest share of the Middle East & African market
                               TABLE 79 SAUDI ARABIA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 80 SAUDI ARABIA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.5.2 QATAR
                    9.5.2.1 Construction activities in the country to contribute to high market growth
                               TABLE 81 QATAR: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 82 QATAR: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.5.3 UAE
                    9.5.3.1 Increasing infrastructure activities to aid market growth
                               TABLE 83 UAE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 84 UAE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.5.4 KUWAIT
                    9.5.4.1 Increased demand for polyurethane foam for end–use industries to spur propylene oxide market
                               TABLE 85 KUWAIT: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 86 KUWAIT: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.5.5 SOUTH AFRICA
                    9.5.5.1 Increasing infrastructure projects and automotive manufacturing to aid the growth of the propylene oxide market
                               TABLE 87 SOUTH AFRICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 88 SOUTH AFRICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.5.6 REST OF MIDDLE EAST & AFRICA
                    TABLE 89 REST OF MIDDLE EAST & AFRICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                    TABLE 90 REST OF MIDDLE EAST & AFRICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
    9.6 SOUTH AMERICA
           TABLE 91 SOUTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (KILOTON)
           TABLE 92 SOUTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY COUNTRY, 2017–2026 (USD MILLION)
           TABLE 93 SOUTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
           TABLE 94 SOUTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.6.1 BRAZIL
                    9.6.1.1 Largest automobile producer in the region to drive the growth
                               TABLE 95 BRAZIL: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 96 BRAZIL: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.6.2 ARGENTINA
                    9.6.2.1 Well–developed infrastructure to support the production of propylene oxide market
                               TABLE 97 ARGENTINA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 98 ARGENTINA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.6.3 CHILE
                    9.6.3.1 Growing end–use industries to drive the market
                               TABLE 99 CHILE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                               TABLE 100 CHILE: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)
           9.6.4 REST OF SOUTH AMERICA
                    TABLE 101 REST OF SOUTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (KILOTON)
                    TABLE 102 REST OF SOUTH AMERICA: PROPYLENE OXIDE MARKET SIZE, BY APPLICATION, 2017–2026 (USD MILLION)

10 COMPETITIVE LANDSCAPE (Page No. - 138)
     10.1 KEY PLAYERS STRATEGIES/RIGHT TO WIN
             10.1.1 OVERVIEW OF STRATEGIES ADOPTED BY PROPYLENE OXIDE VENDORS (2016–2021)
     10.2 REVENUE ANALYSIS OF TOP FIVE COMPANIES
             FIGURE 37 REVENUE ANALYSIS FOR TOP 5 COMPANIES, 2016–2020
     10.3 MARKET SHARE ANALYSIS, 2020
             FIGURE 38 PROPYLENE OXIDE: MARKET SHARE ANALYSIS
             10.3.1 PROPYLENE OXIDE MARKET: DEGREE OF COMPETITION
     10.4 COMPANY EVALUATION QUADRANT
             10.4.1 STAR
             10.4.2 PERVASIVE
             10.4.3 EMERGING LEADER
             10.4.4 PARTICIPANT
                        FIGURE 39 PROPYLENE OXIDE MARKET, COMPANY EVALUATION MARKET, 2020
     10.5 COMPETITIVE BENCHMARKING
             10.5.1 COMPANY PRODUCT FOOTPRINT
             10.5.2 COMPANY APPLICATION FOOTPRINT
             10.5.3 COMPANY REGIONAL FOOTPRINT
             10.5.4 COMPANY END–USE INDUSTRY FOOTPRINT
     10.6 STARTUP/SME EVALUATION QUADRANT, 2020
             10.6.1 PROGRESSIVE COMPANIES
             10.6.2 RESPONSIVE COMPANIES
             10.6.3 DYNAMIC COMPANIES
             10.6.4 STARTING BLOCKS
                        FIGURE 40 PROPYLENE OXIDE COMPANY EVALUATION QUADRANT
     10.7 RECENT DEVELOPMENTS
             10.7.1 DEALS
             10.7.2 OTHERS

11 COMPANY PROFILES (Page No. - 154)
     11.1 MAJOR PLAYERS
(Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)* 
             11.1.1 DOW INC.
                        TABLE 103 DOW INC.: COMPANY OVERVIEW
                        FIGURE 41 DOW INC.: COMPANY SNAPSHOT
             11.1.2 LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
                        TABLE 104 LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: COMPANY OVERVIEW
                        FIGURE 42 LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: COMPANY SNAPSHOT
             11.1.3 ROYAL DUTCH SHELL PLC
                        TABLE 105 ROYAL DUTCH SHELL PLC: COMPANY OVERVIEW
                        FIGURE 43 ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT
             11.1.4 INDORAMA VENTURES PUBLIC COMPANY LTD.
                        TABLE 106 INDORAMA VENTURES PUBLIC COMPANY LTD.: COMPANY OVERVIEW
                        FIGURE 44 INDORAMA VENTURES PUBLIC COMPANY LTD: COMPANY SNAPSHOT
             11.1.5 BASF SE
                        TABLE 107 BASF SE: COMPANY OVERVIEW
                        FIGURE 45 BASF SE: COMPANY SNAPSHOT
             11.1.6 AGC INC.
                        TABLE 108 AGC INC.: COMPANY OVERVIEW
                        FIGURE 46 AGC INC.: COMPANY SNAPSHOT
             11.1.7 REPSOL
                        TABLE 109 REPSOL: COMPANY OVERVIEW
                        FIGURE 47 REPSOL: COMPANY SNAPSHOT
             11.1.8 TOKUYAMA CORPORATION
                        TABLE 110 TOKUYAMA CORPORATION: COMPANY OVERVIEW
                        FIGURE 48 TOKUYAMA CORPORATION: COMPANY SNAPSHOT
             11.1.9 SUMITOMO CHEMICAL CO., LTD.
                        TABLE 111 SUMITOMO CHEMICAL CO., LTD.: COMPANY OVERVIEW
                        FIGURE 49 SUMITOMO CHEMICAL CO., LTD.: COMPANY SNAPSHOT
             11.1.10 SKC COMPANY LTD
                        TABLE 112 SKC COMPANY LTD.: COMPANY OVERVIEW
                        FIGURE 50 SKC COMPANY LTD: COMPANY SNAPSHOT
     11.2 OTHER PLAYERS
             11.2.1 INEOS OXIDE
             11.2.2 JISHEN CHEMICAL INDUSTRY CO., LTD. (MERGED)
             11.2.3 MANALI PETROCHEMICALS
             11.2.4 TIANJIN DAGU CHEMICAL CO., LTD.
             11.2.5 PJSC NIZHNEKAMSKNEFTEKHIM
             11.2.6 PCC ROKITA
             11.2.7 WUDI XINYUE CHEMICAL CO., LTD.
             11.2.8 OLTCHIM S.A.
             11.2.9 WANHUA CHEMICAL GROUP CO., LTD.
             11.2.10 S–OIL CORPORATION
             11.2.11 TOKYO CHEMICAL INDUSTRY CO., LTD.
             11.2.12 BEFAR GROUP
             11.2.13 MERCK KGAA
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies. 

12 APPENDIX (Page No. - 191)
     12.1 DISCUSSION GUIDE
     12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     12.3 AVAILABLE CUSTOMIZATIONS
     12.4 RELATED REPORTS
     12.5 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the propylene oxide market. Exhaustive secondary research was undertaken to collect information on the propylene oxide market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the propylene oxide value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the overall size of the market. Thereafter, the market breakdown and data triangulation procedures were used to estimate the sizes of different segments and sub segments of the propylene oxide market.

Secondary Research

As a part of the secondary research process, various secondary sources such as Hoovers, Bloomberg, BusinessWeek, and Dun & Bradstreet were referred to for identifying and collecting information for this study on the antifog additives market. Secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles by recognized authors, authenticated directories, and databases.

Secondary research was mainly conducted to obtain key information about the supply chain of the industry, the monetary chain of the market, the total pool of players, and market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments undertaken from both, market- and technology oriented perspectives.

Primary Research

As a part of the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for this report on the propylene oxide market. Primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the propylene oxide market. Primary sources from the demand side included directors, marketing heads, and purchase managers from various end-use industries. Following is the breakdown of the primary respondents.

Propylene Oxide Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the propylene oxide market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The supply chain of the industry and the market size, in terms of volume and value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Global Propylene oxide Market Size: Bottom-Up Approach

Propylene Oxide Market Size, and Bottom-Up Approach

Data Triangulation

After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were used, wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition t this, the market size was validated using both top-down and bottom-up approaches.

Objectives of the Report

  • To define, describe, and forecast the size of the propylene oxide market, in terms of volume and value; based on application, production process, end–use industry, and region
  • To provide detailed information regarding the key factors, such as drivers, restraints, opportunities, and industry-specific challenges, influencing the growth of the propylene oxide market
  • To forecast the size of the various segments of the propylene oxide market based on five regions—North America, Asia Pacific (APAC), Europe, South America, and the Middle East & Africa—along with key countries in each of these regions
  • To analyze the opportunities in the market for stakeholders and present a competitive landscape for the market leaders
  • To analyze recent developments, such as acquisitions, agreements, expansions, and joint ventures in the propylene oxide market
  • To strategically profile the key players in the market and comprehensively analyze their core competencies*

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data. The following customization options are available for the report:

Product Analysis

  • Product matrix that gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of a region with respect to a particular country

Company Information

  • Detailed analysis and profiling of additional market players (Up to five)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Propylene Oxide Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Propylene Oxide Market

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