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The global market value of propylene oxide increases steadily

 Last Update: 2021-10-20
 Source: Internet
 Author: User

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Recently, the market research organization Markets&Markets released a report saying that the global propylene oxide market value is expected to grow from US$22.

The propylene oxide market is mainly driven by the growing demand for polyurethane in various end industries, such as automobiles, construction, textiles and furniture, chemicals and pharmaceuticals, packaging and electronics

In terms of direct downstream applications, polyether polyols have the largest market share in the propylene oxide market

In 2020, the Asia-Pacific region is the largest regional market for propylene oxide due to the consumption of propylene oxide in polyurethane foam applications

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