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Polyols Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Polyols Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • May 2021
  • 108 pages
  • ID: 5827192
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global polyols market exhibited moderate growth during 2015-2020.

Polyols are a group of organic compounds that consist of multiple hydroxyl groups and are used in a range of industries. They are known as sugar alcohols and consist of a cluster of versatile carbohydrates with reduced calories having similar taste and texture to table sugar. In the food and beverage industry, they are used as a sugar replacement in sugar-free and low-calorie products, such as candies, chewing gums, ice-creams, fruit spreads and yogurts. In consumer products, they are used in the manufacturing of toothpaste, mouthwashes, breath mints and throat lozenges as they aid in preventing tooth decay. In the chemical industry, polyols have applicability in the production of flexible and rigid polyurethane coatings, foams, adhesives, elastomers, and sealants. They improve the product’s stability and shelf life by retaining moisture and preventing crystallization.

Rapid industrialization, along with the constant growth of construction and automotive industries, is the key factor driving the growth of the market. There is an increasing demand for polyols and their derivatives from various sectors such as electronics, furniture, packaging and footwear. Furthermore, rapidly burgeoning population and their housing requirements are projected to increase the consumption of building materials made-up of polyols such as insulation protective components, exterior panels and housing electronics. Insulated houses and buildings aid in the conservation of energy and minimizing the emission of greenhouse gasses. Additionally, the increasing demand for polyurethane foams in the automotive industry is also driving the market growth. Flexible polyurethane foams, a polyol derivative, are used to make seatings, headrests, arms rests, heating and ventilating headliners in the vehicles. Other factors such as the development of bio-based polyols are positively driving the growth of the market as well. Looking forward, the analyst expects the global polyols market to grow at a CAGR of around 5% during 2021-2026.

Report Coverage:
Historical, Current and Future Market Trends

Market Breakup by Type:
Polyether Polyols
Polyester Polyols

Market Breakup by Application:
Flexible Polyurethane Foams
Rigid Polyurethane Foams
CASE (Coatings, Adhesives, Sealants & Elastomers)
Others

Market Breakup by Industry:
Carpet Backing
Packaging
Furniture
Automotive
Building & Construction
Electronics
Footwear
Others

Market Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being BASF SE, Royal Dutch Shell Plc, Mitsui Chemicals, Covestro AG, The Dow Chemical Company, Wanhua Chemical Group, Huntsman Corporation, LANXESS AG, Stepan Company, Repsol SA, etc.

Key Questions Answered in This Report:
How has the global polyols market performed so far and how will it perform in the coming years?
What are the key regional markets in the global polyols industry?
What has been the impact of COVID-19 on the global polyols industry?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the industry?
What are the various stages in the value chain of the global polyols industry?
What are the key driving factors and challenges in the global polyols industry?
What is the structure of the global polyols industry and who are the key players?
What is the degree of competition in the global polyols industry?

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