Propylene Oxide Market is forecast to grow at a CAGR of 5.7% for the forecast period of 2018 to 2025 to an estimated value of USD 13.51 billion in 2017 with factors such as fluctuating prices of raw material, toxicity of propylene oxide along with new bio-based feedstock for polyurethane are hindering the growth of the market.
Moreover, the rising adoption and usage of polyurethanes in thermal insulators, sealants and flooring materials will further boost various new opportunities that will fuel the growth of the propylene oxide market in the above mentioned forecast period.
According to Data Bridge Market Research the propylene oxide market in developing regions is witnessing a growth in terms of its adoption rate, due to increasing demand for propylene oxide from end-use industries. Growing demand for polyether polyols for the production of polyurethanes is also anticipated to enhance the growth of propylene oxide market in the forecast period of 2018 to 2025.
Now the question is which are the regions that propylene oxide market players should target? Data Bridge Market Research has forecasted large growth in Asia-Pacific owing to development in various end-use industries such as automotive, furniture and construction along with rising plant capacity for polyurethanes.
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Propylene oxide market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.
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Key Market Competitors Covered in the report
Above are the key players covered in the report, to know about more and exhaustive list of propylene oxide companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-propylene-oxide-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecast using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Propylene Oxide Market– Industry Trends and Forecast to 2025