Propylene Oxide Procurement Research – Market Trends and Spend Analysis by SpendEdge

LONDON–(BUSINESS WIRE)–#chemicalsindustry—SpendEdge,
a global procurement intelligence advisory firm, has announced the
release of their ‘Propylene
Oxide Market Procurement Research Report.’ The insights and data
in this report provide a strategic analysis of the supply markets,
factors influencing purchasing decisions, procurement best practices,
pricing models, supplier landscape, and an analysis of the supplier
capability matrix for the chemicals
industry. This report breaks down the data and analysis behind
the procurement of propylene oxide and acts as an all-inclusive guide
for making smart purchasing decisions.

“The propylene oxide market will witness a promising growth with the
growing demand from end-user industries such as food and beverages,
automobile, and construction,” says SpendEdge procurement analyst Anil
Seth. “Also, the market in APAC will experience a moderate growth during
the forecast period,” added Anil.

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Procurement analysts at SpendEdge highlight the following top three
market trends that are contributing to the growth of the Global
Propylene Oxide Market:

• Shifting of polypropylene oxide production to regions with low-cost
  feedstocks
• Rapid adoption of vertical integration by leading suppliers
• Increasing focus on adoption of circular economy by suppliers

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the report snapshot before purchasing

Shifting of polypropylene oxide production to regions with low-cost
feedstocks

In the recent years, there has been an increase in the availability of
low-cost feedstocks, such as shale gas and coal used in the production
of polypropylene. The availability of low-cost feedstocks reduces the
cost of raw materials.

Rapid adoption of vertical integration by leading suppliers

Globally, the suppliers are increasingly focusing on adopting vertical
integration strategies. This helps the buyers reduce the dependence on
third-parties of raw materials, which further leads to a reduction in
the lead time.

Increasing focus on adoption of circular economy by suppliers

In the propylene oxide market, the suppliers are investing in various
initiatives to attain circular economy. The adoption of supplier economy
helps the suppliers enhance their brand value. In addition, the
suppliers can also reduce carbon footprints in their operations.

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our report snapshot to gain detailed insights into the current
market trends.

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement market intelligence partner
for Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.

Contacts

SpendEdge
Anirban Choudhury
Marketing Consultant
US: +1
630 984 7340
[email protected]