Global Propylene Oxide Market: Size, Trends & Forecast with Impact Analysis of COVID-19 (2022-2026)
Scope of the Report
The report titled “Global Propylene Oxide Market: Size, Trends & Forecast with Impact Analysis of COVID-19 (2022-2026)”, provides an in depth analysis of the global propylene oxide market by value, by total capacity, by demand, by application, by region, etc. The report provides a regional analysis of the propylene oxide market, including the following regions: China, Europe, North America, Asia (excluding China), Middle East/Africa and Others. The report also provides a detailed analysis of the COVID-19 impact on the global propylene oxide market.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the global propylene oxide market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global propylene oxide market is fragmented with the presence of many major players. The key players of the market: Shell Plc, BASF SE, Dow Inc. and LyondellBasell are also profiled with their financial information and respective business strategies.
Country Coverage
Propylene oxide is an organic compound with the chemical formula CH3CHCH2O. The production of polyether polyols for use in polyurethane polymers is the major application of this colorless volatile liquid, which is made on a large scale in the industrial sector. Despite the fact that it is usually used as a racemic mixture, it is a chiral epoxide.
Propylene oxide is a highly reactive chemical used as an intermediate in the production of a variety of industrial products. Because it includes active hydrogen atoms, it reacts rapidly with alcohols, amines, and acids, and is thus commonly employed in the manufacture of polyether polyols (poly glycol ethers), propylene glycols, and propylene alcohol.
The propylene oxide market can be divided into applications (Polyether Polyol, Propylene Glycol, and Other Propylene Oxide Applications). Polyether polyols are made by reacting epoxides like ethylene oxide or propylene oxide with multifunctional initiators, usually strong bases like double metal cyanides or potassium hydroxides, in the presence of a catalyst. They're commonly employed in the manufacturing of flexible foams and polyurethanes. Propylene glycol is a water-absorbent alcohol that reacts well with a wide range of solvents. Propylene glycol is a synthetic liquid used in a variety of applications in the pharmaceutical, cosmetics, and manufacturing industries.
The global propylene oxide market is projected to rise considerably in the next four years i.e. 2022-2026. The global propylene oxide market is expected to rise due to increasing demand from building and construction industry, rapid urbanization, advancements in healthcare industry, rising demand from automotive industry, and increasing demand of propylene glycol. The market also faces some challenges like toxicity of propylene oxide, and available substitutes.
The report titled “Global Propylene Oxide Market: Size, Trends & Forecast with Impact Analysis of COVID-19 (2022-2026)”, provides an in depth analysis of the global propylene oxide market by value, by total capacity, by demand, by application, by region, etc. The report provides a regional analysis of the propylene oxide market, including the following regions: China, Europe, North America, Asia (excluding China), Middle East/Africa and Others. The report also provides a detailed analysis of the COVID-19 impact on the global propylene oxide market.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the global propylene oxide market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global propylene oxide market is fragmented with the presence of many major players. The key players of the market: Shell Plc, BASF SE, Dow Inc. and LyondellBasell are also profiled with their financial information and respective business strategies.
Country Coverage
- China
- Europe
- North America
- Asia (excluding China)
- Other
- Shell Plc
- BASF SE
- Dow Inc.
- LyondellBasell
Propylene oxide is an organic compound with the chemical formula CH3CHCH2O. The production of polyether polyols for use in polyurethane polymers is the major application of this colorless volatile liquid, which is made on a large scale in the industrial sector. Despite the fact that it is usually used as a racemic mixture, it is a chiral epoxide.
Propylene oxide is a highly reactive chemical used as an intermediate in the production of a variety of industrial products. Because it includes active hydrogen atoms, it reacts rapidly with alcohols, amines, and acids, and is thus commonly employed in the manufacture of polyether polyols (poly glycol ethers), propylene glycols, and propylene alcohol.
The propylene oxide market can be divided into applications (Polyether Polyol, Propylene Glycol, and Other Propylene Oxide Applications). Polyether polyols are made by reacting epoxides like ethylene oxide or propylene oxide with multifunctional initiators, usually strong bases like double metal cyanides or potassium hydroxides, in the presence of a catalyst. They're commonly employed in the manufacturing of flexible foams and polyurethanes. Propylene glycol is a water-absorbent alcohol that reacts well with a wide range of solvents. Propylene glycol is a synthetic liquid used in a variety of applications in the pharmaceutical, cosmetics, and manufacturing industries.
The global propylene oxide market is projected to rise considerably in the next four years i.e. 2022-2026. The global propylene oxide market is expected to rise due to increasing demand from building and construction industry, rapid urbanization, advancements in healthcare industry, rising demand from automotive industry, and increasing demand of propylene glycol. The market also faces some challenges like toxicity of propylene oxide, and available substitutes.
1. EXECUTIVE SUMMARY
2. INTRODUCTION
2.1 Propylene Oxide: An Overview
2.1.1 Propylene Oxide Production Technologies
2.1.2 Physical and Chemical Properties
2.1.3 Toxicity and Hazards
2.1.4 Propylene Oxide Derivate and Their Applications
2.2 Propylene Oxide Segmentation: An Overview
2.2.1 Propylene Oxide Segmentation
3. GLOBAL MARKET ANALYSIS
3.1 Global Propylene Oxide Market: An Analysis
3.1.1 Global Propylene Oxide Market by Value
3.1.2 Global Propylene Oxide Market by Total Capacity
3.1.3 Global Propylene Oxide Market Total Capacity by Region (China, Europe, North America, Asia (Excluding China), Middle East/Africa and Others)
3.1.4 Global Propylene Oxide Market by Demand
3.1.5 Global Propylene Oxide Market Demand by Application (Polyether Polyol, Propylene Glycol and Others)
3.1.6 Global Propylene Oxide Market Demand by Region (China, Europe, North America, Asia (Excluding China), Middle East/Africa and Others)
3.2 Global Propylene Oxide Market: Application Analysis
3.2.1 Global Polyether Polyol Market by Demand
3.2.2 Global Propylene Glycol Market by Demand
3.2.3 Global Other Propylene Oxide Applications Market by Demand
4. REGIONAL MARKET ANALYSIS
4.1 China Propylene Oxide Market: An Analysis
4.1.1 China Propylene Oxide Market by Total Capacity
4.1.2 China Propylene Oxide Market by Demand
4.2 Europe Propylene Oxide Market: An Analysis
4.2.1 Europe Propylene Oxide Market by Total Capacity
4.2.2 Europe Propylene Oxide Market by Demand
4.3 North America Propylene Oxide Market: An Analysis
4.3.1 North America Propylene Oxide Market by Total Capacity
4.3.2 North America Propylene Oxide Market by Demand
4.4 Asia (Excluding China) Propylene Oxide Market: An Analysis
4.4.1 Asia (Excluding China) Propylene Oxide Market by Total Capacity
4.4.2 Asia (Excluding China) Propylene Oxide Market by Demand
4.5 Middle East/Africa Propylene Oxide Market: An Analysis
4.5.1 Middle East/Africa Propylene Oxide Market by Total Capacity
4.5.2 Middle East/Africa Propylene Oxide Market by Demand
4.6 Other Countries Propylene Oxide Market: An Analysis
4.6.1 Other Countries Propylene Oxide Market by Total Capacity
4.6.2 Other Countries Propylene Oxide Market by Demand
5. IMPACT OF COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Chemical Industry
5.1.2 Impact of COVID-19 on Global Propylene Oxide Market
6. MARKET DYNAMICS
6.1 Growth Drivers
6.1.1 Increasing Demand from Building and Construction Industry
6.1.2 Rapid Urbanization
6.1.3 Advancements in Healthcare Industry
6.1.4 Rising Demand from Automotive Industry
6.1.5 Increasing Demand of Propylene Glycol
6.2 Challenges
6.2.1 Toxicity of Propylene Oxide
6.2.2 Available Substitutes
6.3 Market Trends
6.3.1 New Production Process
6.3.2 Adoption of Digital Technologies
7. COMPETITIVE LANDSCAPE
7.1 Global Propylene Oxide Market Players: A Financial Comparison
7.2 Global Propylene Oxide Market Players by Research & Development (R&D) Expenses
8. COMPANY PROFILES
8.1 Shell Plc
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Dow Inc.
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 LyondellBasell
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 BASF SE
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy
2. INTRODUCTION
2.1 Propylene Oxide: An Overview
2.1.1 Propylene Oxide Production Technologies
2.1.2 Physical and Chemical Properties
2.1.3 Toxicity and Hazards
2.1.4 Propylene Oxide Derivate and Their Applications
2.2 Propylene Oxide Segmentation: An Overview
2.2.1 Propylene Oxide Segmentation
3. GLOBAL MARKET ANALYSIS
3.1 Global Propylene Oxide Market: An Analysis
3.1.1 Global Propylene Oxide Market by Value
3.1.2 Global Propylene Oxide Market by Total Capacity
3.1.3 Global Propylene Oxide Market Total Capacity by Region (China, Europe, North America, Asia (Excluding China), Middle East/Africa and Others)
3.1.4 Global Propylene Oxide Market by Demand
3.1.5 Global Propylene Oxide Market Demand by Application (Polyether Polyol, Propylene Glycol and Others)
3.1.6 Global Propylene Oxide Market Demand by Region (China, Europe, North America, Asia (Excluding China), Middle East/Africa and Others)
3.2 Global Propylene Oxide Market: Application Analysis
3.2.1 Global Polyether Polyol Market by Demand
3.2.2 Global Propylene Glycol Market by Demand
3.2.3 Global Other Propylene Oxide Applications Market by Demand
4. REGIONAL MARKET ANALYSIS
4.1 China Propylene Oxide Market: An Analysis
4.1.1 China Propylene Oxide Market by Total Capacity
4.1.2 China Propylene Oxide Market by Demand
4.2 Europe Propylene Oxide Market: An Analysis
4.2.1 Europe Propylene Oxide Market by Total Capacity
4.2.2 Europe Propylene Oxide Market by Demand
4.3 North America Propylene Oxide Market: An Analysis
4.3.1 North America Propylene Oxide Market by Total Capacity
4.3.2 North America Propylene Oxide Market by Demand
4.4 Asia (Excluding China) Propylene Oxide Market: An Analysis
4.4.1 Asia (Excluding China) Propylene Oxide Market by Total Capacity
4.4.2 Asia (Excluding China) Propylene Oxide Market by Demand
4.5 Middle East/Africa Propylene Oxide Market: An Analysis
4.5.1 Middle East/Africa Propylene Oxide Market by Total Capacity
4.5.2 Middle East/Africa Propylene Oxide Market by Demand
4.6 Other Countries Propylene Oxide Market: An Analysis
4.6.1 Other Countries Propylene Oxide Market by Total Capacity
4.6.2 Other Countries Propylene Oxide Market by Demand
5. IMPACT OF COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Chemical Industry
5.1.2 Impact of COVID-19 on Global Propylene Oxide Market
6. MARKET DYNAMICS
6.1 Growth Drivers
6.1.1 Increasing Demand from Building and Construction Industry
6.1.2 Rapid Urbanization
6.1.3 Advancements in Healthcare Industry
6.1.4 Rising Demand from Automotive Industry
6.1.5 Increasing Demand of Propylene Glycol
6.2 Challenges
6.2.1 Toxicity of Propylene Oxide
6.2.2 Available Substitutes
6.3 Market Trends
6.3.1 New Production Process
6.3.2 Adoption of Digital Technologies
7. COMPETITIVE LANDSCAPE
7.1 Global Propylene Oxide Market Players: A Financial Comparison
7.2 Global Propylene Oxide Market Players by Research & Development (R&D) Expenses
8. COMPANY PROFILES
8.1 Shell Plc
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Dow Inc.
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 LyondellBasell
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 BASF SE
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy
LIST OF FIGURES
Figure 1: Toxicity and Hazards
Figure 2: Propylene Oxide Derivate and Their Application
Figure 3: Propylene Oxide Segmentation
Figure 4: Global Propylene Oxide Market by Value; 2020-2021 (US$ Billion)
Figure 5: Global Propylene Oxide Market by Value; 2022-2026 (US$ Billion)
Figure 6: Global Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 7: Global Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 8: Global Propylene Oxide Market Total Capacity by Region; 2021 (Percentage, %)
Figure 9: Global Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 10: Global Propylene Oxide Market by Demand; 2022-2026 (Million Tonnes)
Figure 11: Global Propylene Oxide Market Demand by Application; 2021 (Percentage, %)
Figure 12: Global Propylene Oxide Market Demand by Region; 2021 (Percentage, %)
Figure 13: Global Polyether Polyol Market by Demand; 2020-2021 (Million Tonnes)
Figure 14: Global Polyether Polyol Market by Demand; 2022-2026 (Million Tonnes)
Figure 15: Global Propylene Glycol Market by Demand; 2020-2021 (Million Tonnes)
Figure 16: Global Propylene Glycol Market by Demand; 2022-2026 (Million Tonnes)
Figure 17: Global Other Propylene Oxide Applications Market by Demand; 2020-2021 (Million Tonnes)
Figure 18: Global Other Propylene Oxide Applications Market by Demand; 2022-2026 (Million Tonnes)
Figure 19: China Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 20: China Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 21: China Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 22: China Propylene Oxide Market by Demand; 2022-2026 (Million Tonnes)
Figure 23: Europe Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 24: Europe Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 25: Europe Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 26: Europe Propylene Oxide Market by Demand; 2022-20261 (Million Tonnes)
Figure 27: North America Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 28: North America Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 29: North America Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 30: North America Propylene Oxide Market by Demand; 22022-2026 (Million Tonnes)
Figure 31: Asia (Excluding China) Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 32: Asia (Excluding China) Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 33: Asia (Excluding China) Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 34: Asia (Excluding China) Propylene Oxide Market by Demand; 2022-2026 (Million Tonnes)
Figure 35: Middle East/Africa Propylene Oxide Market by Total Capacity; 2017-2021 (Thousand Tonnes)
Figure 36: Middle East/Africa Propylene Oxide Market by Total Capacity; 22022-2026 (Thousand Tonnes)
Figure 37: Middle East/Africa Propylene Oxide Market by Demand; 2017-2021 (Thousand Tonnes)
Figure 38: Middle East/Africa Propylene Oxide Market by Demand; 2022-2026 (Thousand Tonnes)
Figure 39: Other Countries Propylene Oxide Market by Total Capacity; 2017-2021 (Thousand Tonnes)
Figure 40: Other Countries Propylene Oxide Market by Total Capacity; 2022-2026 (Thousand Tonnes)
Figure 41: Other Countries Propylene Oxide Market by Demand; 2017-2021 (Thousand Tonnes)
Figure 42: Other Countries Propylene Oxide Market by Demand; 22022-2026 (Thousand Tonnes)
Figure 43: Global Chemical Production Change; 2010, 2015, 2019 & 2020 (Percentage, %)
Figure 44: Global Construction Industry Spending; 2017-2021 (US$ Trillion)
Figure 45: Global Urban Population as a Share of Total Population; 2014-2020 (Percentage, %)
Figure 46: Global Health Spending per Capita; 2018 & 2050 (US $)
Figure 47: Global Propylene Oxide Market Players by Research & Development (R&D) Expenses; 2019 & 2020 (US$ Million)
Figure 48: Shell Plc Revenue; 2016-2020 (US$ billion)
Figure 49: Shell Plc Revenue by Segments; 2020 (Percentage, %)
Figure 50: Shell Plc Revenue by Region; 2020 (Percentage, %)
Figure 51: Dow Inc. Net Sales; 2016-2020 (US$ billion)
Figure 52: Dow Inc. Net Sales by Segments; 2020 (Percentage, %)
Figure 53: Dow Inc. Net Sales by Region; 2020 (Percentage, %)
Figure 54: LyondellBasell Sales and Other Operating Revenues; 2016-2020 (US$ billion)
Figure 55: LyondellBasell Sales and Other Operating Revenues by Segments; 2020 (Percentage, %)
Figure 56: LyondellBasell Sales and Other Operating Revenues by Region; 2020 (Percentage, %)
Figure 57: BASF SE Sales; 2016-2020 (US$ billion)
Figure 58: BASF SE Sales by Segments; 2020 (Percentage, %)
Figure 59: BASF SE Sales by Region; 2020 (Percentage, %)
Table 1: Propylene Oxide Production Technologies
Table 2: Physical and Chemical Properties
Table 3: Global Propylene Oxide Market Players: A Financial Comparison; 2020
Figure 1: Toxicity and Hazards
Figure 2: Propylene Oxide Derivate and Their Application
Figure 3: Propylene Oxide Segmentation
Figure 4: Global Propylene Oxide Market by Value; 2020-2021 (US$ Billion)
Figure 5: Global Propylene Oxide Market by Value; 2022-2026 (US$ Billion)
Figure 6: Global Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 7: Global Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 8: Global Propylene Oxide Market Total Capacity by Region; 2021 (Percentage, %)
Figure 9: Global Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 10: Global Propylene Oxide Market by Demand; 2022-2026 (Million Tonnes)
Figure 11: Global Propylene Oxide Market Demand by Application; 2021 (Percentage, %)
Figure 12: Global Propylene Oxide Market Demand by Region; 2021 (Percentage, %)
Figure 13: Global Polyether Polyol Market by Demand; 2020-2021 (Million Tonnes)
Figure 14: Global Polyether Polyol Market by Demand; 2022-2026 (Million Tonnes)
Figure 15: Global Propylene Glycol Market by Demand; 2020-2021 (Million Tonnes)
Figure 16: Global Propylene Glycol Market by Demand; 2022-2026 (Million Tonnes)
Figure 17: Global Other Propylene Oxide Applications Market by Demand; 2020-2021 (Million Tonnes)
Figure 18: Global Other Propylene Oxide Applications Market by Demand; 2022-2026 (Million Tonnes)
Figure 19: China Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 20: China Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 21: China Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 22: China Propylene Oxide Market by Demand; 2022-2026 (Million Tonnes)
Figure 23: Europe Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 24: Europe Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 25: Europe Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 26: Europe Propylene Oxide Market by Demand; 2022-20261 (Million Tonnes)
Figure 27: North America Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 28: North America Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 29: North America Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 30: North America Propylene Oxide Market by Demand; 22022-2026 (Million Tonnes)
Figure 31: Asia (Excluding China) Propylene Oxide Market by Total Capacity; 2017-2021 (Million Tonnes)
Figure 32: Asia (Excluding China) Propylene Oxide Market by Total Capacity; 2022-2026 (Million Tonnes)
Figure 33: Asia (Excluding China) Propylene Oxide Market by Demand; 2017-2021 (Million Tonnes)
Figure 34: Asia (Excluding China) Propylene Oxide Market by Demand; 2022-2026 (Million Tonnes)
Figure 35: Middle East/Africa Propylene Oxide Market by Total Capacity; 2017-2021 (Thousand Tonnes)
Figure 36: Middle East/Africa Propylene Oxide Market by Total Capacity; 22022-2026 (Thousand Tonnes)
Figure 37: Middle East/Africa Propylene Oxide Market by Demand; 2017-2021 (Thousand Tonnes)
Figure 38: Middle East/Africa Propylene Oxide Market by Demand; 2022-2026 (Thousand Tonnes)
Figure 39: Other Countries Propylene Oxide Market by Total Capacity; 2017-2021 (Thousand Tonnes)
Figure 40: Other Countries Propylene Oxide Market by Total Capacity; 2022-2026 (Thousand Tonnes)
Figure 41: Other Countries Propylene Oxide Market by Demand; 2017-2021 (Thousand Tonnes)
Figure 42: Other Countries Propylene Oxide Market by Demand; 22022-2026 (Thousand Tonnes)
Figure 43: Global Chemical Production Change; 2010, 2015, 2019 & 2020 (Percentage, %)
Figure 44: Global Construction Industry Spending; 2017-2021 (US$ Trillion)
Figure 45: Global Urban Population as a Share of Total Population; 2014-2020 (Percentage, %)
Figure 46: Global Health Spending per Capita; 2018 & 2050 (US $)
Figure 47: Global Propylene Oxide Market Players by Research & Development (R&D) Expenses; 2019 & 2020 (US$ Million)
Figure 48: Shell Plc Revenue; 2016-2020 (US$ billion)
Figure 49: Shell Plc Revenue by Segments; 2020 (Percentage, %)
Figure 50: Shell Plc Revenue by Region; 2020 (Percentage, %)
Figure 51: Dow Inc. Net Sales; 2016-2020 (US$ billion)
Figure 52: Dow Inc. Net Sales by Segments; 2020 (Percentage, %)
Figure 53: Dow Inc. Net Sales by Region; 2020 (Percentage, %)
Figure 54: LyondellBasell Sales and Other Operating Revenues; 2016-2020 (US$ billion)
Figure 55: LyondellBasell Sales and Other Operating Revenues by Segments; 2020 (Percentage, %)
Figure 56: LyondellBasell Sales and Other Operating Revenues by Region; 2020 (Percentage, %)
Figure 57: BASF SE Sales; 2016-2020 (US$ billion)
Figure 58: BASF SE Sales by Segments; 2020 (Percentage, %)
Figure 59: BASF SE Sales by Region; 2020 (Percentage, %)
Table 1: Propylene Oxide Production Technologies
Table 2: Physical and Chemical Properties
Table 3: Global Propylene Oxide Market Players: A Financial Comparison; 2020
