Abstract
In 2022, a series of interrelated major events, including the COVID-19 pandemic, the war in Ukraine and the resulting food and energy crisis, soaring inflation, tightening debt conditions, and climate emergencies, resulted in a severe blow to the global economy. The global economy has been seeing a slowdown in 2023 since the last year. The Asia-Pacific region is generally in a post-pandemic recovery phase, but the recovery is slow. Dow Chemical and Shell declared force majeure on the supply of propylene oxide. Zhejiang Petroleum & Chemical, Satellite Chemical, and Jincheng Petrochemical successfully started their new production facilities. However, the demand from polyether polyols and propylene glycol has not met expectations, amplified the supply-demand imbalance and further tilted the dominance downstream. The price of propylene oxide has fallen to the level of CNY 10,000/tonne, with narrower fluctuations, while profitability has significantly declined. With the implementation of “Industrial Structure Adjustment Guidance Catalogue”, the use of chlorohydrin process is expected to be phased out in China by the end of 2025. Asia Pacific PO Market Report 2023, prepared by PUdaily, focuses on the Asia-Pacific market, providing in-depth analysis of the supply-demand pattern, price trends, costs and profits, potential growth, industry opportunities and potential threats, investment environment, and more. This report will assist users in targeting the ever-changing submarkets in the coming years, helping stakeholders make informed decisions and promote their development.
Contents
Chapter I Macroeconomic Environment
1.1 Global Macroeconomic Environment
1.1.1 Global GDP
1.1.2 Global PMI
1.1.3 Global CCI
Asia Pacific Macroeconomic Environment
1.2.1 China Macroeconomic Environment
1.2.1.1 China GDP
1.2.1.2 China PMI
1.2.2 Southeast Asia Macroeconomic Environment
1.2.2.1 Southeast Asian GDP
1.2.2.2 Southeast Asian PMI
1.2.3 India Macroeconomic Environment
1.2.3.1 India GDP
1.2.3.2 India PMI
1.2.4 Japan Macroeconomic Environment
1.2.4.1 Japan GDP
1.2.4.2 Japan PMI
1.2.5 South Korea Macroeconomic Environment
1.2.5.1 South Korea GDP
1.2.5.2 South Korea PMI
Chapter II Introduction to PO
2.1 Major PO Industry Events in 2023
2.2 PO Production Process and Technology Development
2.2.1 Chlorohydrin Process
2.2.2 Cooxidation Process
2.2.3 HPPO Process
2.2.4 Advantages and Disadvantages of Different Processes
Chapter III An Overview of Global PO Market
3.1 Global Major PO Suppliers
3.1.1 DOW
3.1.2 Sadara
3.1.3 LyondellBasell
3.1.4 Petro Rabigh
3.2 Global PO Capacity and Demand Review 2019-2023
3.3 Global PO Capacity and Demand Outlook 2024-2028
Chapter IV Asia Pacific PO Market Analysis
4.1 Asia Pacific PO Capacity Review and Outlook
4.2 Asia Pacific PO Demand Review and Outlook
Chapter V China PO Market Analysis
5.1 China PO and Its Main Feedstocks Price Trends in 2023
5.1.1 Propylene
5.1.2 Liquid Chlorine
5.1.3 PO
5.2 China PO Production Cost and Profit 2019-2023
5.3 China PO Supply Market 2019-2023
5.3.1 China PO Suppliers
5.3.2 China PO Capacity and Output Analysis
5.3.3 China Major PO Suppliers’ Market Share and Industry Concentration
5.4 China PO Imports and Exports 2019-2023
5.4.1 China PO Import/Export Policy and Trade Environment
5.4.2 China PO Imports and Exports 2019-2023
5.5 China PO Consumption Market 2023
5.5.1 China PO Consumption by Region
5.5.2 China PO Consumption by Industry
5.6 China PO Market Forecast 2024-2028
5.6.1 China PO Process Development Trend 2024-2028
5.6.2 China PO Supply and Demand Forecast 2024-2028 (List of Projects under Construction and Proposed)
5.6.3 China PO Price Forecast 2024
Chapter VI Southeast Asia and India PO Market Analysis
6.1 Southeast Asia and India PO Capacity Review 2019-2023
6.2 Major PO Suppliers in Southeast Asia and India
6.2.1 DOW
6.2.2 PTTGC
6.2.3 Shell
6.3 Southeast Asia and India PO Demand Review 2019-2023
6.4 Southeast Asia and India PO Demand Outlook 2024
6.5 Southeast Asia and India PO Price Trend and Outlook 2023-2024
Chapter VII Japan and South Korea PO Market Analysis
7.1 Major PO Suppliers in Japan and South Korea
7.1.1 S-oil
7.1.2 SKC
7.1.3 Sumitomo
7.2 Japan and South Korea PO Capacity and Demand Review 2019-2023
7.3 Japan and South Korea PO Capacity and Demand Outlook 2024
Chapter VIII Research Methodology
