Title: Polyols Market By Reports And Data
1Polyols Market To Reach USD 38.96 Billion By 2027
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2 Market Summary
The global polyols market is forecast to reach
USD 38.96 Billion by 2027, according to a new
report by Reports and Data. Polyols can be
defined as a type of liquid phase synthesis,
which uses multivalent alcohols at high
temperatures, at the optimum point of its boiling
level. The simplest representative in this
organic compound is Ethylene glycol (EG). From
EG, it continuous up to polyethylene glycol
(PEG). It comprises more than 2000 ethylene
groups, having a molecular weight of
approximately 100,000 g/mol. The compound is
usually used for nanostructured materials
synthesis. It can be classified into polyester
polyols and polyether polyols. Polyether polyols
are most commonly used. It also finds use for
flexible applications, which uses raw materials
comprising of limited numbers of hydroxyl groups.
Thus, a diverse arena of applications of this
compound is supporting the growth of the market.
It is mentionable here that the growing
availability of compounds and chemicals from
biomass is opening new opportunities for the
development of bio based polyols that can be
incorporated in foam formulation. Biomass derived
polyols are gaining increasing popularity because
of government regulations and legislations that
focuses on reducing carbon footprints. In context
to region, North America can be seen to occupy a
prominent market share.
3 Our Approach
Market Summary
- Further key findings from the report suggest
- In context to Resources, the Renewable resources
segment generated is projected to witness a
faster growth rate of 6.6 during the forecast
period, which is expected to occupy 35.0 of the
market in 2027. The growth rate witnessed by the
Renewable resources segment is attributed to the
formulation of stringent government regulations
and legislations that focuses on reducing carbon
footprints along with the growing availability of
compounds and chemicals from biomass, which are
opening new avenues and increasing the popularity
of polyols based on renewable resources. - The Polyols market held a market share of USD 38
Billion in the year 2018 that is forecasted to
grow at a rate of 5.2 during the forecast
period. - In context to Product Type, the Polyether Polyols
segment generated a higher revenue of USD 19.02
Billion in 2018, with a CAGR 4.9 during the
forecast period. Its traits like high resiliency,
excellent resistance to hydrolytic cleavage,
dynamic, and mechanical properties along with low
cost, results in the extensive use of Polyether
Polyols in manufacturing rigid polyurethane foams
that contributes to the revenue generated by this
segment. - Request for a sample of this research report _at_
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4 Our Approach
Market Summary
- Key participants BASF SE, The Dow Chemical
Company, Huntsman International LLC, Covestro AG,
Mitsui Chemicals, Inc., Lanxess AG, Tosoh
Corporation, COIM, PCC SE, and Emery
Oleochemicals. - Product Type Outlook (Volume, Kilo Tons Revenue,
USD Billion 2016-2027) - Polyester Polyols
- Polyether Polyols
- Resources Outlook (Volume, Kilo Tons Revenue,
USD Billion 2016-2027) - Non-renewable resources
- Renewable resources
- End-User Outlook (Volume, Kilo Tons Revenue, USD
Billion 2016-2027) - Packaging
- Automotive
- Construction
- Transportation
- Others
- Application Outlook (Volume, Kilo Tons Revenue,
USD Billion 2016-2027) - Flexible foam
- Rigid foam
- Adhesive sealants
- Coatings
5 Our Approach
Market Summary
- Regional Outlook (Volume, Kilo Tons Revenue, USD
Billion 2016-2027) - North America
- Europe
- Asia Pacific
- MEA
- Latin America
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6About Us
Our Approach
About Us
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