Brisk Insights has announced the addition of "Global Propylene Oxide Market: Industry Information, Trends and Forecast to 2016-2022" Market Research Report to their Database.
According to a recently published report, the global Propylene Oxide Market has been expected to grow at the CAGR of 3.6% during 2016-2022. The global propylene oxide market is segmented on the basis of material and applications. The report on global propylene oxide market forecast 2016-2022 (by material and applications) provides detailed overview and predictive analysis of the market.
Detailed study on this Report: http://www.briskinsights.com/report/propylene-oxide-market
The global propylene oxide market has been anticipated to witness significant growth owing to increase in the demand for polyurethanes in numerous segments including automotive, furniture, packaging, footwear & construction industries. Polyols, one of the chemical intermediate product of propylene oxide is mainly used in automotive sector for head rests, arm rests and cushioning purposes. Moreover, the increasing demand for automobiles has been anticipated to influence the demand for propylene oxide significantly in the upcoming scenario. In 2015, around 73.9 million passenger cars were sold at global level. Along with China, U.S. is also considered amongst the largest automobile market globally, both in the terms of sales and production. The increasing sales and production of automotive in various countries has been expected to positively influence the demand for propylene oxide due to its significant usage in the automotive sector. The other factors that are contributing significantly towards the growth of this market are increasing consumption of the product in the production of substances including polyalkylene glycols, propylene glycols and propylene glycol ethers as well as high demand in the biological samples production for electron microscopy. Moreover, rapid industrialization along with rising disposable income of consumers has been expected to drive the demand for interior goods & furniture, which will proportionately augment the demand for propylene oxide during the forecasted period. Volatile raw material prices are anticipated to hamper the growth of propylene oxide market in the upcoming scenario. Thus, technological & ongoing product development as well as expanding production capacity by key market players are likely to spur the market size.
For Same Category Reports Visit Here: http://www.briskinsights.com/category/chemical-and-material-industry
Scope of the Report
Global Propylene Oxide Market By Material 2012 – 2022 ($ million)Blog: http://www.pdfdevices.com/global-propylene-oxide-market-has-been-expected-to-grow-at-the-cagr-of-3-6-during-2016-2022-brisk-insights/
About Us :
Brisk Insights is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies.
Working in a highly dynamic and multi-dimensional business makes decision making complex. Effective business decisions are a result of the synthesis of market information. Our Research and data analysis is an efficient and cost-effective way of providing robust market analysis and can yield highly valuable intelligence relating to consumers, competitors and markets.
Contact Us :
Jennifer Smith
Office 1094
109 Vernon House
Friar Lane
Nottingham
NG1 6DQ
United Kingdom
Phone : +448081890034 (UK)
Email : sales@briskinsights.com
Website : http://www.briskinsights.com/
Brisk Insights is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies.
Sep 13, 2016
Copyright © 2006 - 2023 PRnob Media, UBIC Solutions, LLC. All Rights Reserved.
