Propoxylates Market Trends|Segmentation, Outlook, Industry Report to 2028
Propoxylates are the types of monomers majorly used in the manufacturing of surfactants. Various types of propoxylates are consumed in the coating applications. Various types of propoxylates which are majorly used, in the industrial applications, includes glycerine-propoxylated polyols, propoxylated glycerin, glycerol propoxylate triglycidyl ether, bisphenol A propoxylate and pentaerythritol propoxylate amongst others.
The applications of propoxylates includes coatings,
sealants, adhesives, building and construction components,
elastomers, urethane foams insulation, and appliances. Propoxylates
also find its applications as foaming agents, detergents, and wetting
agents. Some of the propoxylates are also used as a sealants and adhesives in
specialty applications. Bisphenol A propoxylates are majorly used as in glass
fiber reinforcement and corrosion protection.
These propoxylates are also used as toner resins, in
electro-deposition coatings, and epoxy coatings. Due to their good surface
properties, propoxylates are widely used as additive in surfactants and
detergents. Growing demand for coating industry is pushing the surfactants
demand, which is expected to drive the propoxylates market in the coming
years.
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Market Dynamics of Propoxylates Market
Rising demand for surfactants from coating, cosmetics,
and other industries is driving the propoxylates market
Propoxylates market has witnessed a boost in demand in last
few years, due to increasing demand for propoxylates from coatings and cosmetic
industry. Large number of propoxylates are used as surfactants during
manufacturing the specialty coatings, foam, detergents, and cosmetics. Improved
properties of end use products with the use of propoxylates, is pushing its
demand from these applications. Increasing end use industries including
cosmetics, chemical, and automotive amongst others, is driving the
demand for propoxylates, globally. Rise in use of surface property enhancers in
paints and coating applications is also pushing the demand for these chemicals.
Stringent regulations in the developed countries
Regulations on manufacturing, transportation, sales, use,
and disposal of propoxylates, may act as a restraining factor for the
propoxylates market growth. Developed countries in North America and Europe are
enforcing the stringent regulations on various chemicals use and disposal.
Rising environmental and safety regulations are creating new challenges for the
growth of the propoxylates market.
New product developments and contracts and agreements
Large players are pushing their revenue growth through
sustainable strategies. Investment in research and developments for developing
the improved and efficient products in the propoxylates market. Contracts and
agreements are observed in the market to develop a strong distribution channel
for their products. Joint venture and mergers may also favored by some of the
big players to grab the market share in the emerging markets of propoxylates.
Propoxylates Market: Regional Outlook
High income growth in the population of emerging Asian
countries, is pushing the demand for propoxylates in this region. Asia Pacific
accounted for the major share in the propoxylates market, followed by North
America. Various political decisions are affecting the trade in the U.S.
Market. Which is directly fluctuating the market scenario in the North America.
Recovering European economy is also creating better opportunities for
propoxylates market in coming years. Total demand for propoxylates in Europe is
significantly low compared to that of Asia Pacific. However presence of large
automotive industry in Europe and growing exports, is expected to drive
automotive paints and coatings market in Europe. This will ultimately push the
demand for propoxylates in European market. Latin America followed Europe in
terms of demand for propoxylates, whereas Middle East & Africa accounted
for a small value market share showcasing a fast growth in this region.
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Global Propoxylates Market
Participants
Some of the market participants identified across the value
chain of global propoxylates market are:
- Dow
DuPont
- Arkema
- Lubrizol
- LEVACO
- Carbosynth
- AZELIS
- LEUNA-Tenside
GmbH
- Glentham
Life Sciences Limited
- Mahavir
Expochem
- Molecular
Dimensions
- Shree
Vallabh Chemicals
- Viswaat
Chemicals Limited
- MARUZEN
PETROCHEMICAL
- GRR
Fine Chem.
- Parchem
fine & specialty chemicals
- Wuhan
Bright Chemical
- Rigaku
Reagents
The global market research report presents a comprehensive
assessment of the market and contains thoughtful insights, facts, historical
data and statistically supported and industry-validated market data. It also
contains projections using a suitable set of assumptions and methodologies. The
global market research report provides analysis and information according to
market segments such as geographies, application and industry.
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The global propoxylates market report covers
exhaustive analysis on:
- Propoxylates
Market Segments
- Propoxylates
Market Dynamics
- Propoxylates
Market Size
- Propoxylates
Supply & Demand
- Propoxylates
Current Trends/Issues/Challenges
- Propoxylates
Competition & Companies Involved
- Propoxylates
Technology
- Propoxylates
Value Chain
The Global Propoxylates Market: Regional
analysis includes:
- North
America (U.S., Canada)
- Latin
America (Mexico, Brazil, Argentina, Chile, Peru)
- Western
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
- Eastern
Europe (Russia, Poland, CIS)
- Asia-Pacific
(China, India, ASEAN, South Korea)
- Japan
- Middle
East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The global market report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
The global market report provides in-depth analysis of parent market trends,
macro-economic indicators and governing factors along with market
attractiveness as per segments. The global market report also maps the
qualitative impact of various market factors on market segments and
geographies.
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