Propylene Oxide Price Trend

The propylene oxide market is influenced by the increasing demand from the polyurethane sector, particularly in commercial construction applications. This demand is further bolstered by policies such as the United States' Inflation Reduction Act, which promotes a transition towards sustainable energy, thereby propelling the polyurethane market. Additionally, strong consumer demand in sectors like pharmaceuticals and body care has remained resilient, supported by robust consumer spending and rising healthcare costs. Moreover, the automotive and polymer markets continue to be significant drivers for propylene oxide derivatives, reflecting a broader application base that sustains market demand.

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