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