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<br><br>Global polyols market is estimated to witness a CAGR of 7.20% over the forecast period to reach US$28.092 billion in 2024 from US$18.510 billion in 2018. Rising efforts for energy conservation are<br>propelling demand for rigid foams with high insulation properties, particularly in the building and construction industry.
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Polyols Market Forecasts From 2019 To 2024
DESCRIPTION Global polyols market is estimated to witness a CAGR of 7.20% over the forecast period to reach US$28.092 billion in 2024 from US$18.510 billion in 2018. Polyols are sugar alcohols because of their chemical structure resemblance with sugar and alcohol. They are increasingly used in a wide variety of applications from food additive to technical applications such as emulsifiers, coatings, adhesives, sealants, thickeners and etc. The market is expected to grow due to the increasing awareness among people regarding the benefits of using polyols as sweeteners. The growing need for polyurethane foams in a number of industries such as construction and automotive is driving the polyols market growth. The market is expected to grow at a good rate over the forecast period owing to the burgeoning demand for bio polyols in industries due to a propensity towards using renewable resources. However, the prices of raw material are volatile and pose as a threat to the market growth.
Key Questions Answered By The Report • What will Polyols Market from 2020 to 2025? • How are the major drivers and restraints affecting the Global Cargo Inspection Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography • North America • USA • Canada • Mexico • South America • Brazil • Argentina • Others • South America • Brazil • Argentina • Others
Geography • Europe • Germany • France • UK • Spain • Others • Middle East and Africa • Israel • South Africa • Others
Geography • Asia Pacific • China • Japan • South Korea • India • Others
Segments Covered Under Global Storage Market: • By Type • Polyether Polyols • Polyester Polyols • Bio Polyols • By Application • Foams • Rigid • Flexible • CASE (Coatings, Adhesives, Sealants, and Elastomers) • Others • By End-User • Building and Construction • Automotive • Food and Beverages • Personal Care • Healthcare
COMPANY PROFILES • BASF SE • The Dow Chemical Company, • Arkema Group • Emery Oleochemicals • Monument Chemical • Stephan Company • Shell • Saudi Arabian Oil Co. • Expanded Polymer Systems Pvt. Ltd. • Vithal Castor Polyols Pvt. Ltd.
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