Global Propylene Oxide Market (2017-2022): Rising Demand for Polyether Polyols for Polyurethane Production - Research and Markets

DUBLIN--()--The "Global Propylene Oxide Market (2017 - 2022)" report has been added to Research and Markets' offering.

Almost two-third of the propylene oxide produced, worldwide, is consumed by its largest end use, polyether polyols. They act as a building block in the formation of polyurethanes, which in turn, is employed widely in flexible foams for the furniture and automotive industries, and rigid foams for appliance and building insulation. Over the years, this segment has shown the highest rate of growth due to the increasing applications. Moreover, polyols are also used for non-foam applications such as coatings, adhesives, sealants, and elastomers, as well as thermoplastic resins, and fibers.

The second-largest market consumer of propylene oxide is the propylene glycol, which is mainly used to make unsaturated polyester resins (UPR). These when modified further have downstream applications in building panels, bathroom components, fixtures, corrosion-resistant tanks, pipes, and ducts. More uses include pleasure boats, recreational vehicles, passenger cars, and trucks. Other major consumers are carbonates, amines, ethers based on which propylene oxide is segmented. Commercially, propylene is used as raw material for manufacturing propylene oxide via the chlorohydrin process (CHPO). Other processes like PO/TBA peroxidation, PO/SM process, and PO-only cumene-based process are also commercially viable.

As a basic product, propylene oxide finds its use as modified food starch, a pasteurizing agent, microbial fumigant, for the production of non-ionic tensides (textiles) in the dyeing industry and for the separation of crude oil emulsions. As a functional fluid, it offers good lubricant and solvent properties leading to its usage in hydraulic and brake fluids, heat transfer liquids, surfactants, and foam control. However, being highly inflammable and potentially carcinogenic, new alternatives like alkylene carbonate have emerged, which will prove detrimental to propylene oxide market. Due to the environmental liabilities and large capital investment requirements of CHPO process, some major players like BASF have developed environmental-friendly HPPO technology to manufacture propylene oxide.

Companies Mentioned:

  • Asahi Glass
  • LyondellBasell Industries Holdings B.V.
  • The Dow Chemicals
  • SK Chemicals
  • Royal Dutch Shell
  • Sumitomo Chemical Co., Ltd.
  • BASF SE
  • Huntsman International LLC.
  • AGC Chemicals
  • Repsol
  • CSPC Pharmaceutical Group Limited
  • Air Liquide
  • Air Products and Chemicals, Inc.
  • Others

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the market

8. Competitive Landscape

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/d7779p/global_propylene

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Cosmetic Chemicals, Detergent Chemicals

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Cosmetic Chemicals, Detergent Chemicals