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Propylene Oxide Market 2022: Industry Trends, Size, Share, Analysis and Forecast 2027

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According to the latest report by IMARC Group “Propylene Oxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global propylene oxide market size reached US$ 18.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26 Billion by 2027, exhibiting a CAGR of 5.7% during 2022-2027. Propylene oxide (C3H6O), also called epoxypropane, refers to a synthetic cyclic ether usually manufactured by the dehydrochlorination of propylene chlorohydrin or the indirect oxidation of propylene. It is a clear, volatile, flammable liquid that is soluble in water and alcohol and non-corrosive to metals. Consequently, it is extensively used in automotive, electronics, textile, and furnishing and as a raw material in manufacturing various chemicals. Market Trends: The expanding applications of propylene oxide across several end-use industries are primarily driving the propylene oxide market. Propylene glycol ethers and polyether polyols derived from propylene oxide are often used in the automotive, textile, construction, automotive, and aerospace sectors. They are also adopted as fumigants to contain insect infestations and bacterial contamination in soil and packaged food products. Furthermore, small quantities of propylene oxide can be used for sterilizing medical equipment. Moreover, it is also used as a transitional fluid for tissue processing in transmission electron microscopy (TEM). Besides this, a significant growth in the food processing sector is propelling the demand for packaged food products, thereby further driving the market for propylene oxide. Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/propylene-oxide-market/requestsample We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Competitive Landscape: The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these key players include: Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/propylene-oxide-market The report has segmented the market on the basis of Product Type, End-User and Region. Breakup by Production Process: Breakup by Application: Breakup by End Use Industry: Breakup by Region: If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise. Contact US IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800