The polyether polyols market is a segment of the larger polyurethane market. Polyether polyols are key raw materials used in the production of polyurethane foams, which are widely used in a variety of applications such as automotive seating, bedding, furniture, insulation, and packaging.
The market is being driven by the growing demand for polyurethane foams, which is in turn driven by increasing construction and automotive industries, and the need for energy-efficient buildings and vehicles.
Asia Pacific is the largest and fastest-growing region in the global polyether polyols market, driven by the growing demand from the construction and automotive industries in countries such as China, India, and Japan. Other key regions in the market include North America and Europe.
Some of the key players operating in the polyether polyols market include
- Huntsman International LLC
- Bayer AG
- Royal Dutch Shell
- The Dow Chemical Company
- BASF SE
These companies are focusing on product innovation and expanding their product portfolios to cater to the growing demand for polyurethane foams. Additionally, they are also investing in R&D activities to develop new and advanced polyether polyols with enhanced properties such as improved strength, durability, and fire resistance.
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Market Scope
The polyether polyols market has a wide scope, as polyurethane foams and related products have a diverse range of applications across various industries. Some of the key application areas of polyether polyols include:
- Construction: Polyurethane foams made with polyether polyols are widely used in the construction industry for thermal insulation of buildings, as well as for the production of various construction materials such as roofing, pipes, and flooring.
- Automotive: Polyurethane foams made with polyether polyols are used in the production of automotive seating, headrests, and other interior components, as well as in the manufacture of various parts such as bumpers, spoilers, and door panels.
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The global glycerine market is set to gain traction from the increasing demand for bio-based fuels, such as biodiesel backed by rapid industrialization and urbanization.
This information is given by Fortune Business Insights™ in a new report, titled, “Glycerine Market Size, Share & Industry Analysis, By Grade (USP Grade, and Technical Grade), By Application (Personal Care, Food & Beverages, Pharmaceuticals, Polyether Polyols, Chemical Intermediate, and Others), and Regional Forecast, 2020-2027.” The report further states that the glycerine market size was USD 1,622.8 million in 2019 and is projected to reach USD 2,405.5 million by 2027, exhibiting a CAGR of 5.2% during the forecast period.COVID-19 Pandemic: Rising Demand for Hand Sanitizers to Accelerate GrowthThe emergence of the COVID-19 pandemic has surged the demand for hand sanitizers exponentially.
Glycerin is mainly used in small proportions to manufacture hand rubs and sanitizers.
The WorldHealth Organization (WHO), for instance, released its ethanol-based handrub formulation containing 1.45% glycerol to protect healthcare workers’ skin against dermatitis and dryness.
We are providing in-depth reports to help you better understand the current situation.Browse Summary of This Research:https://www.fortunebusinessinsights.com/glycerine-market-102168
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