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

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

Status : March, 2020 | Chemical & Materials | PPT format

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 study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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