Infinium Global Research Propylene Oxide Market Global Industry Analysis Tr | Page 2
The report on Propylene Market by Infinium Global Research analyzes the
Propylene Market over the period of 2017 to 2023. This report also provides
detailed qualitative and quantitative analyses of the market dynamics, market
size and future trends in Global Propylene Market. It will help a lot of decision
makers to develop strategies and find new opportunities in the Global
Propylene Market.
Propylene oxide is a clear colorless, low boiling, highly volatile liquid with an
ethereal odor. It is highly flammable and reactive. Propylene oxide is
traditionally made by chlorohydrins and epoxidation path but modern way of
producing propylene oxide is based on hydrogen peroxide. Propylene oxide is
primarily used for the production of numerous commercial materials such as
cosmetics, fragrance, solvents, carriers, humectants, residential & commercial
construction and surfactants.
Market Insights
The global Propylene Oxide market was sized over USD XX billion in
2015. The global Propylene Oxide market is projected to grow with a CAGR
between 3.0% and 3.5%. Increasing demand for polyether polyols, which is
mainly used in the production of polyurethanes and for several end user
applications such as packaging, footwear, construction and furniture is the
prime factor driving the growth of global propylene oxide market.
Infinium Global Research