Business Industry Reports Propylene Oxide Market 2019
Propylene Oxide Market: Global
Industry Trends, Size and CAGR value
Forecast to 2023
BusinessIndustryReports have new report on “Global Propylene Oxide Market
2019-2023”. The report provides the newest industry data and industry future
trends. The industry report lists the leading competitors and provides the
insights strategic industry Analysis of the key factors influencing the market.
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview
record, business distribution etc., these data help the consumer know about the competitors’ better.
This report also covers all the regions and countries of the world, which shows a regional
development status, including market size.
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Propylene oxide (CH3CHCH2O) is a colorless volatile liquid. It is an organic compound used in the
production of polyether polyols, which in turn is used in the production of polyurethane plastics.
Propylene oxide can be produced by hydrochorination or oxidation. Propylene oxide has various
applications in automotive and construction industries.
Global propylene oxide market is anticipated to grow significantly during the forecast period owing
to increased polyurethanes’ demand in several segments such as construction, furniture, footwear,
automotive, and packaging. The rise in usage of polyurethane in flooring material, thermal
insulators, and sealants will increase the demand for propylene oxide market globally. Rise in
construction and infrastructure in emerging economies such as India, Qatar, Saudi Arabia, UAE,
Brazil, Singapore, Malaysia, and China. These factors are likely to rise the demand for propylene
oxide market globally.
Furthermore, the increasing usage in foods, pharmaceuticals, cosmetics, and pet foods is expected
to promote industrial growth over the next seven years. In addition, growing personal care,