Propylene Oxide Market
Propylene Oxide Market Study by Chlorohydrin, Styrene Monomer, TBA Co-product, Cumene-based, and Hydrogen Peroxide Process for Automotive, Construction, Textiles, and Packaging from 2024 to 2034
Analysis of Propylene Oxide Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Propylene Oxide Market Outlook (2024 to 2034)
The global propylene oxide market is estimated at a value of US$ 19.19 billion in 2024 and is projected to increase to US$ 31.56 billion by the end of 2034. Worldwide sales of propylene oxide are forecasted to advance at 5.1% CAGR from 2024 to 2034.
Propylene oxide (PO), also known as 2-methyloxirane, is a low-boiling liquid that finds application in the production of several industrial compounds. Propylene was first chlorinated in water to produce a mixture of chlorohydrins, which was then dehydrochlorinated using potassium hydroxide to produce PO. The direct oxidation of propylene using an organic hydroperoxide was a later technique discovered.
- The process of converting PO to acetone was first documented in 1866 by Eduard Linnemann of the University of Lemberg in Germany.
To get rid of bacterial and insect infestations in soil and packaged foods, propylene oxide is utilized as a fumigant. Additionally, relatively little propylene oxide is used in the sterilization of medical equipment. Due to its widespread use in the automobile industry, propylene oxide is in high demand as the sector grows steadily across several regions. Need for automobiles with stronger, longer-lasting structures is contributing to the expansion of the propylene oxide market size.
Key Propylene Oxide Market Trends
- Propylene oxide is an important raw material in the production of polyurethane, which is in high demand due to its versatility and widespread use in foams, coatings, adhesives, and sealants across multiple industries such as construction, automotive, furniture, and packaging.
- The automotive sector is primarily driving propylene oxide consumption because it heavily relies on it to manufacture polyurethane foam for vehicle interiors, seating, and insulation.
- Growing construction industry in many countries is increasing the need for polyurethane foam, which is widely used in this industry for insulation, sealants, and adhesives.
- As a key precursor in polyurethane production, propylene oxide is also exhibiting heightened demand. Moreover, propylene oxide is essential for making propylene glycol, itself a common solvent, antifreeze, and ingredient in consumer goods such as cosmetics, pharmaceuticals, and food.
- Propylene oxide produced through renewable bio-based methods is gaining attention as a sustainable alternative to conventional processes for developing renewable chemicals and polymers.
- By utilizing renewable sources such as bio-propylene or glycerol, bio-based production offers an environment-friendly way to make propylene oxide.
| Report Attribute | Detail |
|---|---|
| Propylene Oxide Market Size (2024E) | US$ 19.19 Billion |
| Forecasted Market Value (2034F) | US$ 31.56 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.1% CAGR |
| East Asia Market Share (2024E) | 21.9% |
| North America Market Value (2024E) | US$ 2.47 Billion |
| Sales from Polyether Polyols (2034F) | US$ 21.53 Billion |
| Key Companies Profiled | SK Chemicals; BASF SE; AGC Chemicals; LyondellBasell Industries Holdings B.V.; Royal Dutch Shell; Air Products and Chemicals, Inc.; Sumitomo Chemical Co., Ltd.; Huntsman International LLC.; The Dow Chemicals; CSPC Pharmaceutical Group Limited; Tokuyama Corporation; China Petrochemical Corporation; Eastman Chemical Company; Mitsui Chemicals, Inc.; PetroChina International Co., Ltd. |
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Which Factors are Increasing Worldwide Demand for Propylene Oxide?
“Application of Propylene Oxide Increasing in Several Industries”
Propylene oxide demand is growing in various industries due to its versatile benefits. It is a chemical with significant economic value that finds use as an intermediary for a broad range of products in different industries. Propylene oxide's rise is mostly due to the expansion of its end-use industries, which include the building, automotive, textile, and aerospace sectors. Propylene oxide is widely employed in the production of adhesives, waterproofing products, paints, grouts, varnishes, and building chemicals.
Production of propylene glycol, which is then utilized in a variety of food items such as cake mixes, drink mixes, dry soups, dressings, soft drinks, bread, fast food, and dairy goods, requires propylene oxide. Global propylene glycol use is expected to rise due to the increasing demand for packaged food items. These factors are highly contributing to the propylene oxide market growth.
What Aspects are Limiting Propylene Oxide Market Growth?
“Harmful Effects of Propylene Oxide on Humans and Animals”
Propylene oxide is used to make propylene glycol, di-propylene glycol, and glycol ethers, as well as polyether polyols, the main ingredient in polyurethane foams. Additionally, some foods and plastic medical equipment are fumigated with propylene oxide. In both humans and animals, acute (short-term) exposure to propylene oxide can irritate the eyes and respiratory tract. In humans, dermal contact-even with diluted solutions-can cause skin irritation and necrosis.
Slight central nervous system depression is another effect of propylene oxide. Animals chronically (long-term) exposed to propylene oxide inhalation have shown neurological consequences and inflammatory lesions of the nasal cavity, trachea, and lungs. Propylene oxide is categorized as a Group B2 probable human carcinogen by the Environmental Protection Agency. As a result, the hazardous nature of propylene oxide is acting as a hindrance to worldwide propylene oxide market expansion.
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Country-wise Insights
The East Asia region is projected to lead the market with 21.9% revenue share in 2024 and is further projected to account for 24.2% by the end of 2034. Even though East Asia holds a high market share, the market in North America is forecasted to expand at a higher 6.5% CAGR over the next ten years.
What’s Making China a Center of Attention for Propylene Oxide Manufacturers?
“Propylene Oxide Widely Utilized in Infrastructure and Building Components”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 2.44 Billion |
| Growth Rate (2024 to 2034) | 6.5% CAGR |
| Projected Value (2034F) | US$ 4.59 Billion |
In the East Asia region, China is projected to account for 58.1% of the propylene oxide market share in 2024. In China, polyurethane is widely used in insulation, foams, coatings, and adhesives for infrastructure and buildings. China is also one of the leading countries in the automotive sector, which requires polyurethane foam for vehicle interiors and seats. Besides, propylene oxide is widely used in cosmetics, pharmaceuticals, and food, which is creating more market opportunities for manufacturing companies.
Production of propylene oxide is high in China, and sue to this, the import and export of propylene oxide has been increasing steadily, which is contributing to market revenue growth.
Why is Adoption of Propylene Oxide Increasing in the United States?
“Substantial Use of Propylene Oxide in Construction Industry”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 1.98 Billion |
| Growth Rate (2024 to 2034) | 6.4% CAGR |
| Projected Value (2034F) | US$ 3.68 Billion |
Demand for propylene oxide or PO is increasing in the United States due to its essential role in producing polyurethane foam, which is widely used for insulation and interiors in the growing automotive and construction industries in the country. Also, increasing need for infrastructural projects in the country requires more polyurethane foam and consequently more propylene oxide.
Additionally, innovations in propylene oxide production methods along with the growing use of environmentally sustainable PO-based products across various applications are also contributing to rising propylene oxide demand in the United States.
Category-wise Insights
Based on production process, the market is segmented into the chlorohydrin process, styrene monomer process, TBA co-product process, cumene-based process, and hydrogen peroxide process. The hydrogen peroxide process holds a significant market share and the reaction using it is quite simple, yielding just a small number of by-products and no significant coproducts. This procedure produces water as a by-product, which is released after little treatment.
Which Application of Propylene Oxide Holds a Significant Market Share?
“High Application in Production of Polyurethanes and Flexible Foams”
| Attribute | Polyether Polyols |
|---|---|
| Market Value (2024E) | US$ 13.15 Billion |
| Growth Rate (2024 to 2034) | 5.1% CAGR |
| Projected Value (2034F) | US$ 21.53 Billion |
Considering the revenue from the sales of propylene oxide, application of polyether polyols holds a significant market share. Primary application of polyether polyols is in the production of polyurethanes, or flexible foams. Polyether polyols find application in coatings, adhesives, sealants, and elastomers (CASE) as well as in the production of stiff foams. Rising demand for polyether polyols from the polyurethane industry is the primary driver for segment growth. Flexible foams, or polyurethanes, find extensive usage in carpets, furniture, mattresses, automotive interiors, and upholstery.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players in the propylene oxide market include SK Chemicals, BASF SE, AGC Chemicals, LyondellBasell Industries Holdings B.V., Royal Dutch Shell, Air Products and Chemicals, Inc., Sumitomo Chemical Co., Ltd., Huntsman International LLC., The Dow Chemicals, CSPC Pharmaceutical Group Limited, Tokuyama Corporation, China Petrochemical Corporation, Eastman Chemical Company, Mitsui Chemicals, Inc., and PetroChina International Co., Ltd.
- In June 2022, a licensing agreement was signed between Indorama Ventures Public Company Limited (IVL) and Shandong Binhua New Material Co., Ltd., a Befar Group affiliate, for the construction, ownership, and operation of a co-production facility for propylene oxide (PO), t-butanol (TBA), and t-butyl methyl ether (MTBE). The business will be able to generate 800,000 tons of butane isomerization, 600,000 tons of propylene, 150,000 tons of synthetic ammonia, 240,000 tons of propylene oxide, and 742,000 tons of MTBE, annually.
- In January 2021, by forming a 50/50 joint venture, LyondellBasell Industries Holdings B.V. extended its partnership with Sinopec. The new venture, Ningbo ZRCC LyondellBasell New Material Company Limited, will construct a new propylene oxide and styrene monomer (SM) facility. The two joint businesses will serve China's expanding market.
- In December 2021, Chevron Phillips Chemical announced the growth of its propylene operations at its Cedar Bayou plant in Baytown, Texas.
- In December 2019, at its Chiba Works facility (Ichihara, Chiba), Sumitomo Chemical Co., Ltd. finished building two catalyst production lines to fulfil the rising demand for propylene oxide and polypropylene, while also advancing its chemical business.
Segmentation of Propylene Oxide Market Research
-
By Production Process :
- Chlorohydrin Process
- Styrene Monomer Process
- TBA Co-product Process
- Cumene-based Process
- Hydrogen Peroxide Process
-
By Application :
- Polyether Polyols
- Propylene Glycols
- Propylene Glycol Ethers
- Others
- Flame Retardants
- Fumigants
- Textile Surfactants
- Modified Starch
-
By End Use :
- Automotive
- Building & Construction
- Textiles & Furnishing
- Chemicals & Pharmaceuticals
- Packaging, Electronics
-
By Region :
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Application 6.2. Production Process 6.3. End Use 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 7.1. Polyether Polyols 7.2. Propylene Glycols 7.3. Propylene Glycol Ethers 7.4. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Production Process 8.1. Chlorohydrin Process 8.2. Styrene Monomer Process 8.3. TBA Co-product Process 8.4. Cumene-based Process 8.5. Hydrogen Peroxide Process 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 9.1. Automotive 9.2. Building & Construction 9.3. Textiles & Furnishing 9.4. Chemicals & Pharmaceuticals 9.5. Packaging, Electronics 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Application, Production Process, End Use, and Region for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. SK Chemicals 20.2. BASF SE 20.3. AGC Chemicals 20.4. LyondellBasell Industries Holdings B.V. 20.5. Royal Dutch Shell 20.6. Air Production Processs and Chemicals, Inc. 20.7. Sumitomo Chemical Co., Ltd. 20.8. Huntsman International LLC. 20.9. The Dow Chemicals 20.10. CSPC Pharmaceutical Group Limited 20.11. Tokuyama Corporation 20.12. China Petrochemical Corporation 20.13. Eastman Chemical Company 20.14. Mitsui Chemicals, Inc. 20.15. PetroChina International Co., Ltd. 21. Assumptions and Acronyms Used 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Production Process, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Production Process, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Production Process, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Production Process, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Production Process, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Production Process, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Production Process, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Production Process, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Production Process, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Production Process, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Production Process, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Production Process, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Production Process, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Production Process, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Production Process, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Production Process, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Production Process, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Production Process, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Production Process, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Production Process, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Production Process, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Production Process, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Production Process, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Production Process, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Production Process, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Production Process, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Production Process, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Production Process, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Production Process, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Production Process, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Production Process, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Production Process, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Production Process, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Production Process, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Production Process, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Production Process, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Production Process, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Production Process, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Production Process, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Production Process, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Production Process, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Production Process, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Production Process, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Production Process, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Production Process, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Production Process, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Production Process, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Production Process, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
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- FAQs -
How big is the propylene oxide market in 2024?
The global market for propylene oxide is forecasted to reach US$ 19.19 billion in 2024.
What are the projections for the worldwide market by 2034?
Propylene oxide sales are calculated to reach US$ 31.56 billion by the end of 2034.
Which region is the leading shareholder in the global market?
East Asia is estimated to account for 21.9% of global revenue share in 2024.
At what pace is the South Korean market expected to grow?
The market for propylene oxide in South Korea is forecasted to expand at 9.9% CAGR between 2024 and 2034.
What is the market situation for propylene oxide in Canada?
The market in Canada is projected to be worth US$ 714.2 million by 2034.
Who are the market leaders in the propylene oxide space?
Leading manufacturers of propylene oxide include SK Chemicals, BASF SE, AGC Chemicals, and LyondellBasell Industries Holdings B.V.
Which application is estimated to accounts for high revenue generation?
Under application, polyether polyols are projected to account for 68.5% market share.
Propylene Oxide Market