The growing demand for Propylene Oxide in the propylene glycol, polyether polyols and di-propylene glycol application has played a major role in driving the Propylene Oxide market across the globe.

Pune, India -- (SBWire) -- 02/12/2018 --Infinium Global Research has added a new report on Global Propylene Oxide Market: Trends Analysis and Forecast 2023. The report presents analysis global as well as regional markets of Propylene Oxide over the period of 2015 to 2023. Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2017 to 2023.

The global Propylene Oxide market was dominated by the Asia Pacific region followed by the European and North American Propylene Oxide market. On the basis of countries, the U.S., China and India led the global Propylene Oxide market. The growing demand for Propylene Oxide in the propylene glycol, polyether polyols and di-propylene glycol application has played a major role in driving the Propylene Oxide market across the globe. Similarly factors such as rapid industrialization leading to an increase in investments, new establishments of manufacturing base for Propylene Oxides in developing economies and properties of Propylene Oxide such as highly volatile, low boiling and sweet odour are some of the important factors responsible for the growth of the global Propylene Oxide market.

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Furthermore, 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. Furthermore, huge demand for propylene glycol as a construction chemical to be used in paints, adhesives, waterproofing material and coatings will drive the propylene oxide market globally over the forecast period. Moreover, rising demand for polyurethanes in the automotive industry, sealants and thermal industries which in turn drive the global propylene oxide market as polyurethanes are manufactured using propylene oxide.

Propylene Oxide is used for the applications such as propylene glycol, polyether polyols, di-propylene glycol, glycol ethers and others. The report identifies the largest application for which Propylene Oxide are used. Among the geographies Asia Pacific is expected to be the largest market for the Propylene Oxide market over the Forecast period from 2017 to 2023. The report covers the analysis of global as well as regional markets of the Propylene Oxide market.

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Moreover the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) given in the report brings an insight on the investment areas that existing or new market players can consider.

The report provides insights into the market using analytical tools such as Porter's five forces analysis and value chain analysis of Propylene Oxide. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the Propylene Oxide that will impact the demand during the forecast period.

The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

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The companies covered in the report include LyondellBasell Industries, The Dow Chemical Company, Asahi Glass Company Ltd., BASF SE, Royal Dutch Shell, Huntsman International LLC, SABIC, Repsol, Balchem, INEOS Group Ltd., Nihon Oxirane Company Ltd., Tokuyama Corp. and Manali Petrochemical Limited.

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