Europe Propylene Oxide Market Size, Share & Trends Analysis Report By Production Process, By Application, (Polyether Polyols, Propylene Glycol, Glycol Ethers, and Others), By End User, By Country and Growth Forecast, 2024 - 2031
The Europe Propylene Oxide Market would witness market growth of 5.4% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 2,074.5 kilo tonnes, showcasing a growth of 20.6% (2020-2024).
Polyether polyols are versatile compounds used in a wide range of applications, including flexible and rigid foams, coatings, adhesives, sealants, and elastomers. Thus, the France market would utilize 230.47 kilo tonnes of Polyether polyols in the market 2028.
The Germany market dominated the Europe Propylene Oxide Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,667.3 million by 2031. The UK market is exhibiting a CAGR of 4.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 6.2% during (2024 - 2031).
Propylene oxide's versatility and compatibility with various manufacturing processes have contributed to its widespread adoption across various applications, from automotive components and construction materials to pharmaceuticals and personal care products.
Moreover, in the automotive industry, propylene oxide is used to produce polyurethane foams for vehicle interiors, seating, and insulation, contributing to lightweighting efforts and enhancing comfort and safety features.
Italy has a strong automotive manufacturing sector, producing luxury cars to commercial vehicles. Polyurethane foams, which rely on propylene oxide as a key raw material, are extensively used in automotive seating and interior components. As the Italian automotive sector expands, the demand for polyurethane foams to meet the needs of vehicle manufacturers increases, driving up the demand for propylene oxide, which is essential for producing these foams.
Based on Production Process, the market is segmented into Chlorohydrin Process, Styrene Monomer Process, TBA Co-product Process, Cumene-based Process and Hydrogen Peroxide Process. Based on Application, the market is segmented into Polyether Polyols, Propylene Glycol, Glycol Ethers, and Others. Based on End User, the market is segmented into Automotive, Building & Construction, Textile & Furnishing, Chemical & Pharmaceutical, Packaging, Electronics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- The Dow Chemical Company
- BASF SE
- LyondellBasell Industries Holdings B.V.
- Shell plc
- INEOS Group Holdings S.A
- Merck KGaA
- Huntsman Corporation
- Sumitomo Chemical Co., Ltd.
- Tokuyama Corporation
- Repsol Group
By Production Process (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Chlorohydrin Process
- Styrene Monomer Process
- TBA Co-product Process
- Cumene-based Process
- Hydrogen Peroxide Process
- Polyether Polyols
- Propylene Glycol
- Glycol Ethers
- Others
- Automotive
- Building & Construction
- Textile & Furnishing
- Chemical & Pharmaceutical
- Packaging
- Electronics
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Propylene Oxide Market, by Production Process
- 1.4.2 Europe Propylene Oxide Market, by Application
- 1.4.3 Europe Propylene Oxide Market, by End User
- 1.4.4 Europe Propylene Oxide Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. Strategies Deployed in Propylene Oxide Market.
- Chapter 5. Europe Propylene Oxide Market by Production Process
- 5.1 Europe Chlorohydrin Process Market by Country
- 5.2 Europe Styrene Monomer Process Market by Country
- 5.3 Europe TBA Co-product Process Market by Country
- 5.4 Europe Cumene-based Process Market by Country
- 5.5 Europe Hydrogen Peroxide Process Market by Country
- Chapter 6. Europe Propylene Oxide Market by Application
- 6.1 Europe Polyether Polyols Market by Country
- 6.2 Europe Propylene Glycol Market by Country
- 6.3 Europe Glycol Ethers Market by Country
- 6.4 Europe Others Market by Country
- Chapter 7. Europe Propylene Oxide Market by End-user
- 7.1 Europe Automotive Market by Country
- 7.2 Europe Building & Construction Market by Country
- 7.3 Europe Textile & Furnishing Market by Country
- 7.4 Europe Chemical & Pharmaceutical Market by Country
- 7.5 Europe Packaging Market by Country
- 7.6 Europe Electronics Market by Country
- 7.7 Europe Others Market by Country
- Chapter 8. Europe Propylene Oxide Market by Country
- 8.1 Germany Propylene Oxide Market
- 8.1.1 Germany Propylene Oxide Market by Production Process
- 8.1.2 Germany Propylene Oxide Market by Application
- 8.1.3 Germany Propylene Oxide Market by End-user
- 8.2 UK Propylene Oxide Market
- 8.2.1 UK Propylene Oxide Market by Production Process
- 8.2.2 UK Propylene Oxide Market by Application
- 8.2.3 UK Propylene Oxide Market by End-user
- 8.3 France Propylene Oxide Market
- 8.3.1 France Propylene Oxide Market by Production Process
- 8.3.2 France Propylene Oxide Market by Application
- 8.3.3 France Propylene Oxide Market by End-user
- 8.4 Russia Propylene Oxide Market
- 8.4.1 Russia Propylene Oxide Market by Production Process
- 8.4.2 Russia Propylene Oxide Market by Application
- 8.4.3 Russia Propylene Oxide Market by End-user
- 8.5 Spain Propylene Oxide Market
- 8.5.1 Spain Propylene Oxide Market by Production Process
- 8.5.2 Spain Propylene Oxide Market by Application
- 8.5.3 Spain Propylene Oxide Market by End-user
- 8.6 Italy Propylene Oxide Market
- 8.6.1 Italy Propylene Oxide Market by Production Process
- 8.6.2 Italy Propylene Oxide Market by Application
- 8.6.3 Italy Propylene Oxide Market by End-user
- 8.7 Rest of Europe Propylene Oxide Market
- 8.7.1 Rest of Europe Propylene Oxide Market by Production Process
- 8.7.2 Rest of Europe Propylene Oxide Market by Application
- 8.7.3 Rest of Europe Propylene Oxide Market by End-user
- Chapter 9. Company Profiles
- 9.1 The Dow Chemical Company
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
- 9.2 BASF SE
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.6 SWOT Analysis
- 9.3 LyondellBasell Industries Holdings B.V.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 Shell plc
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.6 SWOT Analysis
- 9.5 INEOS Group Holdings S.A.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 SWOT Analysis
- 9.6 Merck KGaA
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 SWOT Analysis
- 9.7 Huntsman Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segment and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 SWOT Analysis
- 9.8 Sumitomo Chemical Co., Ltd.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Geographical Expansions:
- 9.8.6 SWOT Analysis
- 9.9 Tokuyama Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
- 9.10. Repsol Group (Repsol, S.A)
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook