세계의 프로필렌 옥시드 시장 : 제조 공정별, 용도별 예측(2025-2030년)

The Propylene Oxide Market was valued at USD 20.95 billion in 2023, expected to reach USD 22.35 billion in 2024, and is projected to grow at a CAGR of 6.77%, to USD 33.15 billion by 2030.

Propylene oxide is a versatile chemical compound mainly used in the production of polyurethanes and as an intermediate in the synthesis of propylene glycol and glycol ethers. Its scope extends across various industries, including automotive, electronics, textiles, and construction, due to its applications in manufacturing flexible foam, rigid foam, adhesives, sealants, and coatings. The necessity of propylene oxide is underscored by its role in producing essential chemical products that cater to everyday consumer goods and industrial applications. Key growth factors influencing the propylene oxide market are the increasing demand for polyurethane foams driven by the expansion of the construction and automotive industries, technological advancements in production processes, and rising applications in emerging markets. Potential opportunities arise from the burgeoning demand for eco-friendly and sustainable materials, prompting research into bio-based propylene oxide production. Regulatory pressures for sustainable chemical manufacturing provide a fertile ground for innovation in green production technologies. However, market growth is challenged by fluctuations in crude oil prices, environmental concerns related to the production process, and stringent regulations that may restrict manufacturing practices. Moreover, competition from alternative materials and varying economic conditions pose additional hurdles. To address these challenges, focusing on the development of environmentally sustainable production methods and investing in research for energy-efficient processes will be crucial. Innovations in catalyst technologies and advanced reactive techniques could substantially reduce energy consumption and emissions, offering a competitive edge. The propylene oxide market is dynamic, with a mix of mature markets in developed regions and rapidly expanding demand in Asia-Pacific and Latin America. Companies should leverage market insights to strategically cater to these regions, ensuring compliance with regional regulations while promoting sustainable practices. By emphasizing sustainability and efficiency, businesses can align themselves with global trends, capturing long-term growth in the propylene oxide market.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Propylene Oxide Market

The Propylene Oxide Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Rising use of polyurethanes in sealants, thermal insulators, and flooring materials
  • Growth in industrial applications like greases, wetting agents, latex paints, and lubricants
  • Demand for polyether polyols for polyurethane production
• Market Restraints
  • Carcinogenic effects of exposure to propylene oxide
  • High toxicity of propylene oxide
• Market Opportunities
  • Environmentally friendly production using silver nanoclusters
  • Rising infrastructure and disposable incomes in developing economies
• Market Challenges
  • Availability of low-price alternatives like alkylene carbonate

Porter's Five Forces: A Strategic Tool for Navigating the Propylene Oxide Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Propylene Oxide Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Propylene Oxide Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Propylene Oxide Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Propylene Oxide Market

A detailed market share analysis in the Propylene Oxide Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Propylene Oxide Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Propylene Oxide Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Propylene Oxide Market

A strategic analysis of the Propylene Oxide Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Propylene Oxide Market, highlighting leading vendors and their innovative profiles. These include AGC Inc., Balchem Inc., BASF SE, Huntsman Corporation, Indorama Ventures Public Company Limited, INEOS AG, LyondellBasell Industries Holding B.V., Merck KGaA, PCC Rokita SA, Repsol, S.A., Saudi Basic Industries Corporation, Shell International B.V., SKC Company, Sumitomo Chemical Co., Ltd., The Dow Chemical Company, and Tokuyama Corporation.

Market Segmentation & Coverage

This research report categorizes the Propylene Oxide Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Production Process, market is studied across Chlorohydrin Process, Hydroperoxide Process, PO-Only Cumene-Based Process, PO/SM Process, and PO/TBA Process.
• Based on Application, market is studied across Di-Propylene Glycol, Glycol Ethers, Polyether Polyols, and Propylene Glycol.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Rising use of polyurethanes in sealants, thermal insulators, and flooring materials
    • 5.1.1.2. Growth in industrial applications like greases, wetting agents, latex paints, and lubricants
    • 5.1.1.3. Demand for polyether polyols for polyurethane production
  • 5.1.2. Restraints
    • 5.1.2.1. Carcinogenic effects of exposure to propylene oxide
    • 5.1.2.2. High toxicity of propylene oxide
  • 5.1.3. Opportunities
    • 5.1.3.1. Environmentally friendly production using silver nanoclusters
    • 5.1.3.2. Rising infrastructure and disposable incomes in developing economies
  • 5.1.4. Challenges
    • 5.1.4.1. Availability of low-price alternatives like alkylene carbonate
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Propylene Oxide Market, by Production Process

• 6.1. Introduction
• 6.2. Chlorohydrin Process
• 6.3. Hydroperoxide Process
• 6.4. PO-Only Cumene-Based Process
• 6.5. PO/SM Process
• 6.6. PO/TBA Process

7. Propylene Oxide Market, by Application

• 7.1. Introduction
• 7.2. Di-Propylene Glycol
• 7.3. Glycol Ethers
• 7.4. Polyether Polyols
• 7.5. Propylene Glycol

8. Americas Propylene Oxide Market

• 8.1. Introduction
• 8.2. Argentina
• 8.3. Brazil
• 8.4. Canada
• 8.5. Mexico
• 8.6. United States

9. Asia-Pacific Propylene Oxide Market

• 9.1. Introduction
• 9.2. Australia
• 9.3. China
• 9.4. India
• 9.5. Indonesia
• 9.6. Japan
• 9.7. Malaysia
• 9.8. Philippines
• 9.9. Singapore
• 9.10. South Korea
• 9.11. Taiwan
• 9.12. Thailand
• 9.13. Vietnam

10. Europe, Middle East & Africa Propylene Oxide Market

• 10.1. Introduction
• 10.2. Denmark
• 10.3. Egypt
• 10.4. Finland
• 10.5. France
• 10.6. Germany
• 10.7. Israel
• 10.8. Italy
• 10.9. Netherlands
• 10.10. Nigeria
• 10.11. Norway
• 10.12. Poland
• 10.13. Qatar
• 10.14. Russia
• 10.15. Saudi Arabia
• 10.16. South Africa
• 10.17. Spain
• 10.18. Sweden
• 10.19. Switzerland
• 10.20. Turkey
• 10.21. United Arab Emirates
• 10.22. United Kingdom

11. Competitive Landscape

• 11.1. Market Share Analysis, 2023
• 11.2. FPNV Positioning Matrix, 2023
• 11.3. Competitive Scenario Analysis
• 11.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. AGC Inc.
• 2. Balchem Inc.
• 3. BASF SE
• 4. Huntsman Corporation
• 5. Indorama Ventures Public Company Limited
• 6. INEOS AG
• 7. LyondellBasell Industries Holding B.V.
• 8. Merck KGaA
• 9. PCC Rokita SA
• 10. Repsol, S.A.
• 11. Saudi Basic Industries Corporation
• 12. Shell International B.V.
• 13. SKC Company
• 14. Sumitomo Chemical Co., Ltd.
• 15. The Dow Chemical Company
• 16. Tokuyama Corporation