Polyols Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

  • Single User License $3500

Polyols Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : September, 2021 | Chemical & Materials

Report Digest


Global Polyols Market: Overview 

The global polyols market has witnessed a staggering growth over the years, owing to its widespread applications in variable industries worldwide. Polyol is an organic compound, which contains multiple hydroxyls groups. This organic compound finds its extensive applications in both polymer as well as food industries. In polymer industry, polyols are mostly used in order to manufacture polyurethanes, after going through a chemical reaction with isocyanate. These polyurethanes are widely used in the manufacturing of several substances. All such USPs are majorly fueling growth in the global polyols market. 

From the perspective of end-use industries, the global polyols market is segmented into transportation, construction, packaging, CASE, and polyurethane flexible foam. Among all these end-users, the construction segment accounts for the maximum share in the global polyols market, on account of the amazing insulation properties of polyurethane and numerous infrastructure development projects globally. The report is a true guideline of key growth drivers and opportunities in the market. Along with this, it is also thoroughly explains the competitive nature of the market. 

Global Polyols Market: Notable Developments 

A few recent developments contouring the shape of the global polyols market in a big way include: 

  • Manufacturers in the polyols market are focusing on producing polyols from natural oil sources such as corn, canola, and soybean. 
  • Other manufacturers are investigating on bio-based polyols for reducing dependence on conventional petrochemical-derived polyols due to rising environmental concerns. 

Some of the most prominent competitors operating in the competitive landscape of global polyols  market include –

  • Royal Dutch Shell plc
  • Dow chemical’s.
  • Bayer AG
  • Cargill Inc.

Global Polyols Market: Key Growth Drivers 

Some of the drivers, which help in triggering the growth of the global polyols market in a positive way include: 

Mushrooming Industries Worldwide to Foster Market’s Growth 

In the form of polyurethane, polyols are widely used in the manufacturing of polyurethane foams coatings, elastomers, and adhesives and sealants. These applications are majorly propelling expansion in the global polyols market.  However, these polyurethane foams possess an excellent insulation property, for which it plays a predominant role in the global building and construction industry. Not only in the construction industry, but also it is considered as a key ingredient in other industries such as automotive, electronics, furnishing, and packaging industries. Such extensive applications of polyurethane in a wide range of industries are also stimulating the growth of the global polyols market. 

Furthermore, rigid and flexible polyurethane foams find its wide applications in several packaging industries. This factor is also responsible for the steadfast growth of the global polyols market. Other microeconomic factors such as rapid urbanization and industrialization in the developing economies and flourishing automotive industry across the globe are augmenting demand for polyurethane, which in turn is also driving the global polyols market. Additionally, increasing demand for several consumer appliances due to growing purchasing power is also believed to contribute demand in the global polyols market.

Growing Consumers’ Inclination towards Low-calorie Food Fillips Market 

Polyols act as a sugar-free sweeteners. Due to such reason, it actively participates in the making of numerous healthy food items. Moreover, polyols’ structure proves the presence of partial sugar in it, along with the alcohol. Thus, it is also known as sugar alcohols. However, a broad array of polyols, which are highly used in several food and beverages products include sorbitol, isomalt, erythritol, and maltitol. Therefore, factors such as increasing awareness about health worldwide, rising consumers’ inclination towards healthy, low calorie food, and rapidly changing lifestyles of consumers are providing a major impetus to the growth of the global polyols market. 

Global Polyols Market: Regional Outlook 

On the regional front, Asia Pacific is expected to dominate over other regions in the global polyols market, on account of the rapid growth in several industries. Along with this, growing economies in the countries such as India and China and rapid adoption of insulation technology are also responsible for fueling growth in the polyols market in this region. 

Product 

  • Polyether 
  • Polyester 

Application 

  • Rigid Foam 
  • Flexible Foam 
  • Coatings 
  • Adhesives & Sealants 
  • Elastomers 
  • Others 

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?