Polyols Market Overview and Analysis by 2023 | Industry Share, Global Trends, Size Estimation, Growth Factors, Top Leaders, Segmentation and Forecast 2023
Apr 10, 2019
Polyols Market Research Report provides exclusive insights on market competition by top manufacturers, sales volume, Price, revenue and market share for each player.
Pune, India - April 10, 2019 /MarketersMedia/ —
Polyols Market Segmentation:
The MRFR analysis is segmented into four key dynamics for enhanced understanding;
By Product Types : Polyether Polyols, and Polyester Polyols among others.
By Applications : Flexible Foams, Rigid Foams, and Case among others.
By End-Use Industries : Construction, Automotive, Furnishing, Electronics, and Footwear among others.
By Regions : North America, Europe, APAC and the Rest-of-the-World (RoW).
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Market Scenario:
Polyols are predominantly used in polymer chemistry to manufacture polyurethanes which are largely used to manufacture polyurethane foams. An important end-product of the polyol is the polyurethane foam, the usage of which is growing rapidly in the market.
In the Food sector Polyols are known as sugar alcohols, carbohydrates that occur naturally in berries, apples, plums, and other foods. Sugar alcohols also are produced commercially from carbohydrates such as sucrose, glucose, and starch and are used in the preparation of low-calorie foods. Polyols are incompletely absorbed and metabolized in the body and contribute fewer calories than sugar. They do raise blood glucose levels after a meal but not as high as table sugar does.
Recognizing the kind of growth, the market witnesses currently, Market Research Future (MRFR) has published a detailed study report giving out the market forecast for the period 2017 – 2023. In its analysis, MRFR asserts that the global Polyols market is expected to get evaluated colossally at a modest CAGR during the review period of 2017-2023.
Polyurethane foam is mainly used in flexible foam application, including furniture & bedding and the automobile interiors and footwear. Polyurethane foams are also used extensively for insulation applications in building & construction, automotive, furnishing, electronics, and packaging industry among other.
Polyols are also used in medicines and pharmaceutical products such as cough syrups and throat lozenges along with toothpastes and mouthwashes. Alongside, adding sweetness, polyols perform a variety of functions such as adding volume and texture to food, preventing the browning that occurs during heating, and retaining the moisture in foods.
Major Market Players:
Covestro AG
BASF SE
Stepan Company
Royal Dutch Shell PLC
Mitsui Chemicals, Inc.
DowDuPont, Inc.
China National Bluestar (Group) Co, Ltd.
INVISTA B.V.
Expanded Polymer Systems Pvt. Ltd.
Vertellus Holdings LLC (UK),
N Shashikant & Co.
Coim Group
Polyols & Polymers Pvt.Ltd.
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Recent Industry News:
Bharat Petroleum Corporation Ltd (BPCL) Kochi Refinery, India announced its plan to set up a polyol plant at Ambalamugal for INR 9 crore (US$ 1.2 Mn.). BPCL is awaiting an environment clearance from the Centre for an investment of INR 10,000 crore in the petrochemical sector, including Polyols. - August 05, 2018
Geographical Analysis:
The global polyols market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to be the largest and fastest growing market for polyols during the forecast period, followed by Europe and North America. The Middle East & Africa is expected to witness an increasing demand for polyols during the forecast period. Latin America held the least share of the global polyols market in 2017 and is expected to witness moderate growth during the forecast period.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Office No. 528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune - 411028, Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/polyols-market-6114
Source: MarketersMedia
Release ID: 500978
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