PUBLISHER: TechNavio | PRODUCT CODE: 1859853
PUBLISHER: TechNavio | PRODUCT CODE: 1859853
The propylene oxide market is forecasted to grow by USD 6,713 mn during 2024-2029, accelerating at a CAGR of 4.8% during the forecast period. The report on the propylene oxide market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for polyurethane, growing demand for lightweight materials, and rapid economic growth in apac.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 4.6% |
| CAGR | 4.8% |
| Incremental Value | $6,713 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's propylene oxide market is segmented as below:
By Application
By End-user
By Technique
By Geographical Landscape
This study identifies the growth in global automotive industry as one of the prime reasons driving the propylene oxide market growth during the next few years. Also, increasing use of polyurethane foam and technological advancements in propylene oxide market will lead to sizable demand in the market.
The report on the propylene oxide market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading propylene oxide market vendors that include Balchem Inc., BASF SE, Befar Group Co. Ltd., Dow Chemical Co., Evonik Industries AG, Indorama Ventures Public Co. Ltd., INEOS Group Holdings S.A., LyondellBasell Industries NV, Manali Petrochemicals Ltd., Repsol SA, Sadara Chemical Co., Shell plc, SK Chemicals Co. Ltd., Sumitomo Chemical Co. Ltd., Thyssenkrupp Uhde GmbH, and Tokuyama Corp.. Also, the propylene oxide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: