Global Polyols Market, By Type (Polyether Polyols and Polyester Polyols), Application (Flexible Polyurethane Foam, Rigid Polyurethane Foam, CASE), End-User (Construction, Transportation, Furniture, Packaging, Carpet Backing, Automotive, Building and Construction, Electronics, Footwear, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Polyols Market
The polyols market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 6.8% in the above-mentioned forecast period.
A polyol are organic compound that contains various groups of hydroxyl. They contribute to clinically recognized maintenance of a healthy colonic environment and function and is mainly used in end use industries such as construction, transportation, furniture, packaging, carpet backing, automotive, building and construction, electronics, footwear and others.
The factors such as increasing demand for flexible polyurethane foam and bio-based polyols are the root cause fueling up the polyols market growth rate. Additionally, the growing demand of PU-based foams in electronic and electrical industries will also directly and positively impact the growth rate of the polyols market. However, availability of substitutes and the volatile prices of raw materials derail the growth of the polyols market.
Rising building and construction industry due to growing urbanization and industrialization pose as a major challenge to the growth of the polyols market. Stringent environmental regulations on the manufacturing of polyurethane foams pose as challenge for the market’s growth.
This polyols market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on polyols market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Polyols Market Scope and Market Size
The polyols market is segmented on the basis of type, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the polyols market is segmented into polyether polyols and polyester polyols.
- On the basis of application, the polyols market is segmented into flexible polyurethane foam, rigid polyurethane foam and CASE.
- On the basis of end user, the polyols market is segmented into construction, transportation, furniture, packaging, carpet backing, automotive, building and construction, electronics, footwear and others.
Polyols Market Country Level Analysis
The polyols market is segmented on the basis of type, application and end user.
The countries covered in the polyols market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is estimated to dominate the polyols market due to increasing income levels and growing consumer spending. On the other hand, Europe will continue to show lucrative growth within the forecast period due to the favorable government regulatory aid.
The country section of the polyols market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyols Market Share Analysis
The polyols market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyols market.
The major players covered in the polyols market report are Huntsman International LLC, Eastman Chemical Company, DIC CORPORATION, Mitsubishi Chemical Corporation, Tosoh Corporation, Woodbridge, RTP Company, BASF SE, Dow, Cargill, Incorporated, Shell, DuPont, LANXESS, Emery Oleochemicals, Covestro AG, Shakun Industries, Gulshan Polyols Ltd., Chemex Organochem Pvt. Ltd, Novomer Inc., Coim Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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