Albany, NY -- (ReleaseWire) -- 09/28/2012 -- An alcohol which has multiple hydroxyl groups is termed as a polyol. Polyols are different for different applications like polyols for food and polyols for polymer chemistry. Monomeric polyols like glycerin and ethylene glycol acts as the initial point to form polymeric polyols, but they are different from free radical initiators. Polyols are classified under two main categories: polyester polyols and polyether polyols. Polyether is produced by ethylene oxide or propylene oxide.
Read More: Polyols Market
One of the major applications of polyols is to form polyurethane by reacting with diisocyanates. Polyurethane has a wide range of application in plastic industries. The growing market of polyurethane is one of the major factors which are driving the polyols market and it is expected to continue in the same manner till 2018. But its impact on the environment and the growing prices of crude oil and natural gas is acting as one of the barriers for the polyols market. But these problems will pose a small threat as there is no bio-based alternative available for polyols.
Huge opportunities lie in Asia Pacific for polyols as the demand for polyurethane is growing at a rapid pace there mainly from emerging economies like China and India.North America and Europe are considered to be mature markets for polyurethanes and polyols so they are expected to grow at a slower rate. But demand from Asia Pacific, Latin America and Eastern Europe are expected to drive the market in the decade to come.
Browse More Market Reports On Chemical And Materials Market
The polyols market is segmented by types as polyether polyols and polyester polyols. Its application segment apart from producing polyurethane includes CASE (coating, adhesive, sealants and elastomers). Polyols find great application in CASE which is widely used in various modern industries. Some of the major players in the polyols market include: BASF, Bayer Material Science, the Dow Chemical Company, Huntsman Corporation, Shell Chemicals, Stepan Company and many more.
This market research report analyzes important market segments, and major geographies. This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Inquire before Buying OR Buy your copy of this report @: http://www.transparencymarketresearch.com/polyols-market.html
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides an overview of the pricing trend and its impact on the market
For More Information Visit us on: http://www.transparencymarketresearch.com
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
90 Sate Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453