The global propylene oxide market is anticipated to witness a significant growth rate of around 4.2% during the forecasted period
The global propylene oxide market is majorly driven by increasing demand for polyurethanes is various industries comprising packaging, construction, automotive, footwear and furniture.
The global propylene oxide market can be segmented on the basis of application, production process and end users. On the basis of production process, the overall market can be bifurcated into PO-only cumene-based process, hydro peroxide process, chlorohydrin process, PO/SM process, PO/TBA and other processes. Amongst these numerous production processes, chlorohydrin process is expected to account for the largest market share in the global propylene oxide market.
Moreover, PO/SM and PO/TBA are also anticipated to witness the significant market share in the overall market. The global propylene oxide market can further be segregated on the basis of applications including polyether polyols, propylene glycol, glycol ethers, di-propylene glycol and others. Amongst them, polyether polyols accounted for the largest market share of approx. 67% in the total worldwide consumption in 2015.
Along with it, in 2015 propylene glycol accounts for 16% of the total world consumption being the second largest end use for propylene oxide.
The key players of propylene oxide market includes the Dow Chemical Company, BASF SE, LyondellBasell Industries N.V., Huntsman International LLC., Saudi Arabia Basic Industries Corporation and Royal Dutch Shell PLC.
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Sector Analysis
5. Market Segmentation
6. Geographic Analysis
7. Company Profiles
- Asahi Glass Co. Ltd.
- Basf Se
- Huntsman International Llc.
- Ineos Group Limited
- Jishen Chemical Industry Co., Ltd.
- Lyondellbasell Industries N.V.
- Manali Petrochemical Limited
- Nihon Oxirane Co., Ltd.
- Royal Dutch Shell Plc.
- Saudi Arabia Basic Industries Corporation
- Shell Petroleum Development Company
- The Dow Chemical Company
- Tokuyama Corp
For more information about this report visit http://www.researchandmarkets.com/research/x2kbd8/global_propylene
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-propylene-oxide-market-growth-at-42-2016-2022-key-players-are-dow-chemical-basf-lyondellbasell-industries-huntsman-international-saudi-arabia-basic-industries--royal-dutch-shell---research-and-markets-300341798.html
SOURCE Research and Markets