Propylene oxide market share forecast to witness considerable growth from 2019-2025 - PowerPoint PPT Presentation

About This Presentation
Title:

Propylene oxide market share forecast to witness considerable growth from 2019-2025

Description:

Global propylene oxide market share is fragmented & highly competitive as market consist of limited players. Companies such as BASF SE, Sumitomo Chemical, Huntsman, DowDuPont, and LyondellBasell are key players in this market. – PowerPoint PPT presentation

Number of Views:25
Slides: 9
Provided by: pradipshitole
Tags:

less

Transcript and Presenter's Notes

Title: Propylene oxide market share forecast to witness considerable growth from 2019-2025


1
Propylene oxide market share research by
applications and regions for 2019-2025 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Overview of Propylene Oxide Market
  • Europe driven by UK, Germany, Italy, and France
    propylene oxide market demand may witness
    substantiate growth during forecasted period.
    Increasing trends in smoking among millennial
    population and liberal marijuana regulations in
    Germany, Switzerland, Italy and Netherlands may
    foster market share. Propylene glycol is widely
    as nicotine solvent in manufacturing electronic
    cigarettes and vaporizer pens. Europe market for
    e-cigarettes and vaporizer devices was valued at
    over USD 120 billion in 2017 owing to increasing
    smoking trends among youths, and easy
    availability of electronic smoking devices which
    may further boost regional market share.
  • Propylene Oxide Market size is likely to witness
    steady gains in the forecast period owing to
    increasing demand for polyurethanes in footwear,
    automotive, construction, and packaging
    industries. Rise in renovation construction
    activities owing to increase in disposable income
    and changing consumer perceptions towards
    amenities such as aesthetically pleasing paint
    and for various architectural styles such as
    neoclassical, victorian, and modern in emerging
    economies such as Singapore, India and China are
    likely to boost the propylene oxide market demand.

3
Continue
  • It is a colorless, volatile, highly flammable
    organic compound that is miscible in organic
    solvents and water. It is primary used as a
    chemical intermediate to accelerate induce
    stable reaction in the production of propylene
    glycol and polyether resins which are utilized in
    various industries such as medical,
    manufacturing, and textiles. The product is used
    to manufacture raw material for polyurethane
    resins utilized in fabricating interiors cabins
    for aviation industry owing to its low weight,
    sturdy characteristics, and textured minimalistic
    look which may trigger propylene oxide market
    share.
  • Growing demand for polyurethane plastics in
    various end use industries such as automobiles
    construction owing to its versatility and
    flexible physical properties are estimated to
    fuel overall market growth. Polyether polyols are
    widely used in manufacturing high quality
    polyurethane plastics such as PU acrylate
    oligomers and TPU. Global demand for polyurethane
    was valued at over 20 million tonnes in 2018
    owing to increased demand for high quality, fine
    grained, flexible, and sturdy plastics.
    Increasing use of innovative manufacturing
    technologies for polyurethane plastics with
    advanced characteristics such as vibration
    control high impact resistance for utilization
    in medical, automobile, and packaging industry
    will have a positive impact on overall propylene
    oxide market. Shifting consumer perceptions
    towards replacement of conventional heavy metals
    with high performance light weight plastics may
    foster market share.

4

Browse Full Research Report On Propylene Oxide
Market _at_ https//bit.ly/2m1qR3n Request for
an in-depth table of contents for this report _at_
https//bit.ly/2lBF5b4 .com/request-toc/upcoming/
1797
5
Continue
  • Increasing demand for automobiles owing to easy
    availability of automobile loans with low
    interest rates and rising inclination to own
    personal vehicles by middle class population may
    accelerate market share. In China, sale of
    passenger commercial vehicles was valued at
    over USD 25 million in 2018 owing to rise in
    young population and increasing inclination in
    millennials to own personal vehicles. The product
    is widely utilized in manufacturing car seats,
    carpets, insulators, and mattresses owing to high
    tensile strength characteristics which prevents
    wear tear in high pressure and heat environment
    which may fuel market share.
  • North America propylene oxide market size led by
    U.S., and Canada should witness a significant
    growth during forecasted period owing to rising
    popularity of quick service restaurants and
    increasing demand for packaged food beverages.
    The product is widely as food additive as it is
    colorless, odorless, possesses no taste of its
    own, easily dissolves in water and retains
    moisture. In U.S., the market for packaged food
    was valued at over USD 390 billion in 2018 owing
    to their economical nature, easy availability,
    vast variety of cuisine choices, and less
    preparation time. Rise in sedentary lifestyles,
    geriatric population, and single parent
    households is increasing the demand for various
    types of packaged food such as noodles, pasta,
    ready to eat curries, meat products, pies, and
    sausages which may accelerate regional market
    growth.

6
Continue
  • Asia Pacific propylene oxide market demand led by
    China, India, and Japan may see significant
    growth during forecasted period. Rising
    construction and renovation trends in emerging
    economies such as India, China, Singapore, and
    Indonesia may foster market share. In China,
    expansion of yearly real estate construction in
    China was over USD 1.75 trillion square meters in
    2017 owing to rapid globalization, rise in per
    capital income, and increasing inclination to
    purchase private property. Rapid urbanization,
    easy availability of housing loans, and
    supportive government initiatives such as tax
    reduction to modernize architectural standings
    will trigger market share.
  • Global propylene oxide market share is fragmented
    highly competitive as market consist of limited
    players. Companies such as BASF SE, Sumitomo
    Chemical, Huntsman, DowDuPont, and LyondellBasell
    are key players in this market.

7
Methodology
  • Market
    research reports Key analytical components

8
Stay In Touch Website www.gminsights.com Soci
al Media
Write a Comment
User Comments (0)
About PowerShow.com