Report Code: A07541 | Nov 2023 | Pages: NA | ||
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Request Now !Polypropylene oxide is a volatile, colorless, and odorless organic liquid used in the manufacture of polyurethane foams. Polyurethane foams are extensively used for cushioning and fabricating purposes in construction and automobile industries. It is also used in refrigerators for insulation and in footwear. Furthermore, it also acts as a chemical intermediate in the production of propylene glycol and polyether resins, which have various applications in industries such as medical and textile.
Polypropylene oxide acts as the building blocks of polyurethane foams. The rapid growth of construction and automobile industries and consumption of polyurethane foams have increased significant, thereby fueling the growth of the polypropylene oxide market. Polyurethane foams are widely used as cushions in seats, armrests, & other parts of a vehicle and also applied in fabricating the interiors of a car. It is also used in furniture and lining the interior walls of a building due to its superior insulating properties. Polyurethane foams are applied to make beddings and carpets, and are gaining popularity due to their superior quality.Â
Furthermore, propylene glycol produced from polypropylene oxide is used as solvent in the pharmaceutical industry and humectants in alcohol-based hand sanitizer. The product also acts as an antifreeze agent and is used to produce theatrical smoke and fog to provide special effects in movies and plays. However, the fluctuating prices of the raw materials and the toxic nature of polypropylene oxide restrict the growth of the market. Moreover, with the continuous product development, the use of polypropylene oxide in pharmaceutical, theatrical business, and others is expected to drive the growth of the market.Â
The Asia-Pacific polypropylene oxide market holds the largest share of the global polypropylene oxide market due to its escalating demand in automobile and construction industries of the region. In North America, the market is expected to grow significantly with increase in demands for polyurethane foams to obtain better interiors for households and commercial places.Â
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Polypropylene Oxide Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | LyondellBasell Industries N.V., The Dow Chemical Company, Royal Dutch Shell Plc., Sumitomo Chemicals Co., BASF SE, Manali Petrochemical Limited, Balchem, Saudi Arabia Basic Industries Corporation, Huntsman Corporation, Ineos Group Limited |
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