Key HighlightsThe global polyols and polyurethane market is expected to show a significant rise during the forecast period of 2019 to 2027.
The global market for polyols will rise at a healthy CAGR of 4.55% during the forecast period of 2019 to 2027.
The demand for energy efficient technologies are leading to demand for polyols and polyurethane market globally.View exclusive Global strategic Business report -Â https://www.transparencymarketresearch.com/polyols-market.htmlSegmental Outlook: Global Polyols and Polyurethane MarketThe polyurethanes market is segmented on the basis of product types, application, and geographical regions.
Of all the product types of polyurethanes, rigid foam and flexible foam held the largest share of the polyurethanes market both in terms of revenue as well as volume.
Also commonly used as an isolation material in construction and design is polyurethane rigid foam.However, appliances and electronics are expected to drive the demand of polyurethanes in the end-user application in the coming years.
Fluctuating raw material prices and economic downturn that influences productsâ sales may challenge the polyurethanes market globally.More Trending Reports by Transparency Market Research -Â https://www.prnewswire.com/news-releases/wall-putty-market-to-reach-a-valuation-of-us-6-5-bn-by-2027-emergence-of-new-players-to-toughen-the-competition-in-the-global-market-transparency-market-research-301012427.htmlAsia Pacific Dominated the Global Polyols and Polyurethane Market in 2018Geography-wise, the polyurethanes market can be segmented as Europe, Rest of the World (RoW), North America, and Asia Pacific.
On the basis of the end-user industry, the global polyols market is segmented into construction, automotive, furnishing, consumer appliances, footwear, and others.
The construction industry extensively consumed polyols based polyurethane foams insulations in 2017 and is expected to continue growing during the forecast period owing to its growing adoption in developed countries such as North America and Europe.
Moreover, automotive and furnishing industries are also expected to witness a growth in the demand during the forecast period.
The polyether polyols accounted for the largest share of the global polyols market in 2017 owing to its large-scale consumption in flexible and rigid polyurethane foams and is expected to exhibit a steady demand during the forecast period.
However, superior properties imparted by the polyester polyols such as high tensile strength, abrasion & wear resistance, as well as solvent & oil resistance, to the polyurethanes are likely to increase its market demand during the forecast period.On the basis of the application, the global Polyol Market is segmented into flexible foams, rigid foams, CASE, and others.
Competitive AnalysisSome of the key players 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 (UK), INVISTA B.V. (U.S.), Expanded Polymer Systems Pvt.
Key HighlightsThe global polyols and polyurethane market is expected to show a significant rise during the forecast period of 2019 to 2027.
The global market for polyols will rise at a healthy CAGR of 4.55% during the forecast period of 2019 to 2027.
The demand for energy efficient technologies are leading to demand for polyols and polyurethane market globally.View exclusive Global strategic Business report -Â https://www.transparencymarketresearch.com/polyols-market.htmlSegmental Outlook: Global Polyols and Polyurethane MarketThe polyurethanes market is segmented on the basis of product types, application, and geographical regions.
Of all the product types of polyurethanes, rigid foam and flexible foam held the largest share of the polyurethanes market both in terms of revenue as well as volume.
Also commonly used as an isolation material in construction and design is polyurethane rigid foam.However, appliances and electronics are expected to drive the demand of polyurethanes in the end-user application in the coming years.
Fluctuating raw material prices and economic downturn that influences productsâ sales may challenge the polyurethanes market globally.More Trending Reports by Transparency Market Research -Â https://www.prnewswire.com/news-releases/wall-putty-market-to-reach-a-valuation-of-us-6-5-bn-by-2027-emergence-of-new-players-to-toughen-the-competition-in-the-global-market-transparency-market-research-301012427.htmlAsia Pacific Dominated the Global Polyols and Polyurethane Market in 2018Geography-wise, the polyurethanes market can be segmented as Europe, Rest of the World (RoW), North America, and Asia Pacific.
On the basis of the end-user industry, the global polyols market is segmented into construction, automotive, furnishing, consumer appliances, footwear, and others.
The construction industry extensively consumed polyols based polyurethane foams insulations in 2017 and is expected to continue growing during the forecast period owing to its growing adoption in developed countries such as North America and Europe.
Moreover, automotive and furnishing industries are also expected to witness a growth in the demand during the forecast period.
The polyether polyols accounted for the largest share of the global polyols market in 2017 owing to its large-scale consumption in flexible and rigid polyurethane foams and is expected to exhibit a steady demand during the forecast period.
However, superior properties imparted by the polyester polyols such as high tensile strength, abrasion & wear resistance, as well as solvent & oil resistance, to the polyurethanes are likely to increase its market demand during the forecast period.On the basis of the application, the global Polyol Market is segmented into flexible foams, rigid foams, CASE, and others.
Competitive AnalysisSome of the key players 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 (UK), INVISTA B.V. (U.S.), Expanded Polymer Systems Pvt.