Global Polyols Market 2023-2027
The analyst has been monitoring the polyols market and is forecast to grow by USD 8.66 bn during 2022-2027, accelerating at a CAGR of 5.44% during the forecast period. Our report on the polyols market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for polyols in the automotive and construction industries, rising demand for adhesives and sealants, and increasing use of polyurethane insulation in refrigerators and freezers.
The polyols market is segmented as below:
• Flexible polyurethane foams
• Rigid polyurethane foams
• Coatings, adhesives, sealants, and elastomers
• Polyether polyols
• Polyester polyols
• North America
• South America
• Middle East and Africa
This study identifies the use of alternative blowing agents as one of the prime reasons driving the polyols market growth during the next few years. Also, innovation in polyurethane foams and increasing demand for bio-based polyols will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the polyols market covers the following areas:
• Polyols market sizing
• Polyols market forecast
• Polyols market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyols market vendors that include Arkema Group, Arpadis Group, BASF SE, COIM Spa, Covestro AG, DIC Corp., Dow Inc., Evonik Industries AG, Koch Industries Inc., Lanxess AG, Mitsui Chemicals Inc., N Shashikant and Co., POLYOLS and POLYMERS PVT. LTD., Repsol SA, Stepan Co., Thermo Fisher Scientific Inc., Vertellus Holdings LLC, Wanhua Chemical Group Co. Ltd., Huntsman International LLC, and Shell plc. Also, the polyols market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.