polyols, propylene glycols and propylene glycol ethers are three main derivatives markets of polypropylene oxide (PO)
major part of propylene oxide is produced by chlorohydrin propylene oxide (CHPO) process; other technologies include propylene oxide/styrene monomer (POSM), propylene oxide tertiary butyl alcohol (POTBA) and hydrogen peroxide to propylene oxide (HPPO) processes
Asia Pacific region is the largest propylene oxide consumer, followed by Europe and North America
the market is dominated by two companies – Dow Chemical Co and LyondellBasell Chemical Co.
in order to meet the demand from polyether polyols industry new capacity introductions are planned in Asia Pacific, North America, CIS countries
global propylene oxide market will grow at ~4% annually