Product Code: ETC198811 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Hungary Propylene Oxide market currently, in 2023, has witnessed an HHI of 9860, Which has decreased slightly as compared to the HHI of 9973 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Hungary Propylene oxide Market is witnessing robust growth, driven by its extensive use in the production of polyurethanes, propylene glycol, and other important chemicals. Propylene oxide is a versatile intermediate with applications across industries such as automotive, construction, textiles, and electronics. In Hungary, the increasing demand for propylene oxide derivatives, coupled with investments in chemical manufacturing infrastructure, is fueling market growth. Moreover, stringent regulations aimed at reducing emissions and enhancing product safety are driving the adoption of advanced propylene oxide production technologies in Hungary.
The Hungary propylene oxide market is driven by the growing demand for propylene oxide derivatives such as polyurethane, propylene glycol, and glycol ethers in various end-use industries such as construction, automotive, furniture, and electronics. Propylene oxide serves as a vital intermediate in the production of these chemicals, which are widely used in applications such as insulation, adhesives, coatings, and lubricants. Moreover, increasing environmental regulations and sustainability initiatives encourage the adoption of eco-friendly propylene oxide production technologies, driving market growth.
Challenges in the propylene oxide market may include addressing health and safety concerns associated with production and usage, ensuring regulatory compliance with chemical handling and transportation standards, and managing environmental impacts of waste disposal.
The Hungary government implements policies to regulate and standardize the propylene oxide market, ensuring product safety, environmental protection, and fair competition. These policies may include regulations governing the production, storage, and transportation of propylene oxide, standards for product quality and purity, and incentives for companies to invest in clean production technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Propylene oxide Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Propylene oxide Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Propylene oxide Market - Industry Life Cycle |
3.4 Hungary Propylene oxide Market - Porter's Five Forces |
3.5 Hungary Propylene oxide Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Hungary Propylene oxide Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Hungary Propylene oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from end-use industries such as automotive, construction, and packaging |
4.2.2 Growing focus on sustainable practices leading to the adoption of propylene oxide in eco-friendly applications |
4.2.3 Favorable government regulations supporting the production and usage of propylene oxide |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the overall production cost of propylene oxide |
4.3.2 Stringent environmental regulations concerning emissions and waste management |
4.3.3 Competition from alternative materials affecting the market growth of propylene oxide |
5 Hungary Propylene oxide Market Trends |
6 Hungary Propylene oxide Market, By Types |
6.1 Hungary Propylene oxide Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Hungary Propylene oxide Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Hungary Propylene oxide Market Revenues & Volume, By Polyether Polyols, 2021-2031F |
6.1.4 Hungary Propylene oxide Market Revenues & Volume, By Propylene Glycols, 2021-2031F |
6.1.5 Hungary Propylene oxide Market Revenues & Volume, By Propylene Glycol Ethers (PGE), 2021-2031F |
6.1.6 Hungary Propylene oxide Market Revenues & Volume, By Polyalkylene Glycols, 2021-2031F |
6.1.7 Hungary Propylene oxide Market Revenues & Volume, By Other, 2021-2031F |
6.2 Hungary Propylene oxide Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Hungary Propylene oxide Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Hungary Propylene oxide Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.2.4 Hungary Propylene oxide Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.5 Hungary Propylene oxide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.6 Hungary Propylene oxide Market Revenues & Volume, By Detergents and Lubricants, 2021-2031F |
6.2.7 Hungary Propylene oxide Market Revenues & Volume, By Other, 2021-2031F |
7 Hungary Propylene oxide Market Import-Export Trade Statistics |
7.1 Hungary Propylene oxide Market Export to Major Countries |
7.2 Hungary Propylene oxide Market Imports from Major Countries |
8 Hungary Propylene oxide Market Key Performance Indicators |
8.1 Capacity utilization rate of propylene oxide plants in Hungary |
8.2 Number of research and development initiatives focusing on propylene oxide applications |
8.3 Adoption rate of propylene oxide-based products in key industries in Hungary |
9 Hungary Propylene oxide Market - Opportunity Assessment |
9.1 Hungary Propylene oxide Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Hungary Propylene oxide Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Hungary Propylene oxide Market - Competitive Landscape |
10.1 Hungary Propylene oxide Market Revenue Share, By Companies, 2024 |
10.2 Hungary Propylene oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |