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Polyols Market Report 2018, Latest Trend, Industry Overview, Size Estimation, Growth Drivers and Global Forecast 2023

Global Polyols Market Information: By Product Type (Polyether Polyols, Polyester Polyols), Application (Flexible Foams, Rigid Foams, Case), End-Use Industry (Construction, Automotive, Furnishing, Electronics, Footwear), And Regions – Forecast Till 2023

 

Pune, India -- (SBWIRE) -- 10/25/2018 -- Market Segmentation

The global polyols market is segmented by product type, application, end-use industry, and region.

On the basis of the product type, the global polyols market is segmented into polyether polyols, polyester polyols, and others.

On the basis of the application, the global polyols market is segmented into flexible foams, rigid foams, CASE, and others.

On the basis of the end-user industry, the global polyols market is segmented into construction, automotive, furnishing, consumer appliances, footwear, and others.

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Regional Analysis

The global polyols market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Asia Pacific is expected to be the largest and fastest growing market for polyols during the forecast period. Growing demand for polyurethane from different end-use industries such as building & construction, automobile, electronics, and furnishing industry owing to the growing economies of countries such as China and India are expected to fuel the growth of the global polyols market during the forecast period.

North America and Europe are expected to show a significant demand for polyols during the forecast period. High adoption of insulation technology to boost the building's energy efficiency is a major contributor to the growth of these markets. Furthermore, automotive and electronics industries are also expected to support the market growth during the forecast period.

The Middle East & Africa is expected to exhibit increasing demand for polyols during the forecast period owing to the growing construction industry on account of ongoing infrastructural projects to flourish tourism industry.

Latin America market is expected to show a moderate growth mainly from the growing construction industry during the forecast period.

Key Players

The major players operating in the global polyols market are BASF SE (Germany), Covestro AG (Germany), Stepan Company (U.S.), Royal Dutch Shell PLC (Netherlands), DowDuPont, Inc. (U.S.), Mitsui Chemicals, Inc. (Japan), China National Bluestar (Group) Co, Ltd. (China), Vertellus Holdings LLC (U.K), INVISTA B.V. (U.S.), Expanded Polymer Systems Pvt. Ltd. (India), N Shashikant & Co. (India), POLYOLS & POLYMERS PVT.LTD. (India), and Coim Group (Italy).

Intended Audience

Polyols manufacturers
Traders and distributors of polyols
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory

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