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 : November, 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 

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

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

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?