Title: Polyol Market Size, Share, Industry Analysis Report, 2030
1Polyol Market Analysis, Plant Capacity,
Production, Operating Efficiency, Technology,
Demand Supply, End Use, Distribution Channel,
Regional Demand, 2015-2030
2- Polyol market grew at a significant rate in the
past few years and is projected to grow at a CAGR
of 5.34 during the forecast period. A Polyol is
an organic compound containing multiple hydroxyl
groups. These are naturally viscous liquids or
waxy solids depending on hydroxyl content and
molecular weight. The organic compound can be
categorized into Polymeric Polyols, Low
molecular weight Polyols and Sugar Alcohol. Among
these, Polymeric Polyols leads the market due to
high demand of derivatives such as Polyether
Polyols and Polyester Polyols. High demand of
Polyether Polyols can be attributed to its use in
the production of Polyurethane. - Polyols find application in wide range of
applications including flexible rigid foams,
surface and fabric coatings, thermoplastic
polyurethanes, adhesives sealants, elastomers,
etc. Hence, Polymeric Polyols are an important
group of functional resins which are extensively
used in construction, automotive, Paint
Coatings, and medical sectors. These also have
minor non-urethane applications such as
surfactants and oil demulsifiers. Based on
applications, its market is further segmented
into grades such as a) below 1000 MW that are
used for making insulating panels b) 1001-2999 MW
are having mixed applications either blended to
make rigid foams or to synthesize flexible foams
and c) 3000 MW above are used to make more
flexible Polyurethanes further used in
mattresses. Polyols with MW 3000 and above are
mostly in demand. Due to their versatile
properties, they are widely used in various end
use such as Bedding/ Mattresses, Industrial
Insulations, Footwears, Transportation,
Construction, Packaging and Others, which is
likely to have a positive impact on the market
for Polyols across the globe in the upcoming
years. - Imposition of nationwide lockdowns due to
Covid-19 pandemic by the major economies to
contain the spread of virus has negatively
impacted the Polyol industry in the first half of
2020. The demand for Polyol witnessed a decline
due to the disruption in Automotive and
Construction sector as these sectors are the
major end users of the compound. Moreover, the
industries were functioning with very low
efficacy coupled with the disruption in the
supply chain of raw material. However, in the
latter half of 2020, an improvement in the market
condition is observed owing to the increasing
demand from the various end use industries such
as construction, packaging, consequently, driving
the global market for Polyols. Volatility in the
prices of conventional raw material and the
increasing environmental concerns shifts the
focus of manufacturers to use bio-based Polyols,
to replace petroleum derived Polyols are
influencing the demand of the product. - PCC Rokita SA, one of the largest chemical
companies in Poland has increased the total
annual capacity to 110,000 metric tons of
Polyether Polyols and it also establish joint
venture with Thai Polyol manufacturers and
acquire 50 stakes in IRPC Polyols (Thailand).
Similarly in December 2020, Synthesia Technology
America announced to invest in a new Polyol
production facility in the United States. All
these Expansions by the giant Polyol manufacturer
are going to boost the global market in the
forecast period.
3- Regional Outlook
- Region wise, Asia-Pacific is expected to dominate
the global market during the forecast period due
to the rapid industrialization, surging demand
from various sectors utilizes Polyurethane in the
manufacturing of mattresses, insulation panels
for households industries, medical devices,
electrical devices, footwears etc. especially in
China and India. Whereas Latin America is
emerging as the second fastest-growing market for
Polyols after APAC. The demand for Polyurethane
foams is a key factor for driving the growth and
expansion in the Polyol market because of large
consumer base in the region. Europe and North
America are also expected to show a promising
growth in the forecasted period due to the
presence of global manufacturers and various end
use industries in the region.
4- Years Considered for this Report
- Historical Years 2015 2019
- Base Year 2020
- Estimated Year 2021
- Forecast Period 2022 2030
-
- Objective of the Study
- The primary objective of the study was to
evaluate and forecast the Polyol capacity,
productiondemand, inventory, and demandsupply
gap globally. - To categorize Polyol demand based on Application,
End Use, region, and distribution channel - To identify major customers of Polyol globally.
- To evaluate and forecast Polyol pricing globally.
- To identify and profile major companies operating
globally Polyol market. - To identify major news, deals and expansion plans
globally Polyol market.
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7- Key players in the global Polyol industry include
BASF Group, Covestro AG, The Dow Chemical
Company, DIC Corporation Woodbridge Foam
Corporation, Wanhua Chemical Group, Eastman
Chemical Corporation, Huntsman, LANXESS AG,
Mitsui Chemicals, Repsol SA, Royal Dutch Shell
Plc. and RTP Company among others. - To extract data for Global Polyol market, primary
research surveys were conducted with
manufacturers, suppliers, distributors,
wholesalers and end users. While interviewing,
the respondents were also inquired about their
competitors. Through this technique, ChemAnalyst
was able to include manufacturers that could not
be identified due to the limitations of secondary
research. Moreover, ChemAnalyst analyzed various
end user segments and projected a positive
outlook for Global market over the coming years. - ChemAnalyst calculated Polyol demand globally by
analyzing the historical data and demand forecast
which was carried out considering the Application
industries growth. ChemAnalyst sourced these
values from industry experts and company
representatives and externally validated through
analyzing historical sales data of respective
manufacturers to arrive at the overall market
size. Various secondary sources such as company
websites, association reports, annual reports,
etc., were also studied by ChemAnalyst. -
- Key Target Audience
- Polyol manufacturers and other stakeholders
- Organizations, forums and alliances related to
Polyol distribution - Government bodies such as regulating authorities
and policy makers - Market research organizations and consulting
companies - The study is useful in providing answers to
several critical questions that are important for
industry stakeholders, such as Polyol
manufacturers, distributors and policymakers. The
report also provides useful insights about which
market segments should be targeted over the
coming years to strategize investments and
capitalize on growth opportunities.
8Report Scope In this report, the Global Polyol
market has been segmented into following
categories, in addition to the industry trends
which have also been detailed below
Attribute Details
Growth Rate CAGR of 5.34 from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2022 2030
Quantitative units Demand in tons and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered 1. End Use (Automotive, Building Construction, Electronics and Electricals, Appliances, Medical, Packaging and Others.) 2. Grade (Below 1000 MW, 1001-2999 MW and 3000 MW above) 3. Distribution Channel (Direct/Institutional Sales, Other Channel Sales)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled BASF Group, Covestro AG, The Dow Chemical Company, DIC Corporation Woodbridge Foam Corporation, Wanhua Chemical Group, Eastman Chemical Corporation, Huntsman, LANXESS AG, Mitsui Chemicals, Repsol SA, Royal Dutch Shell Plc. and RTP Company among others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
9- TABLE OF CONTENTS
- 1. Global Polyol Market Outlook, 2015-2030
- 2. Global Polyol Demand Outlook, 2015-2030, By
Volume - 3. North America Polyol Market Outlook, 2015-2030
- 4. North America Polyol Demand Outlook,
2015-2030, By Volume - 5. Asia Pacific Polyol Market Outlook, 2015-2030
- 6. Asia Pacific Polyol Demand Outlook, 2015-2030,
By Volume - 7. Europe Polyol Market Outlook, 2015-2030
- 8. Europe Polyol Demand Outlook, 2015-2030, By
Volume - 9. MEA Polyol Market Outlook, 2015-2030
- 10. MEA Polyol Demand Outlook, 2015-2030, By
Volume - 11. South America Polyol Market Outlook,
2015-2030 - 12. South America Polyol Demand Outlook,
2015-2030, By Volume - 13.Country-wise Import
- 14.Country-wise Export
- 15. News and Deals
10- METHODOLOGY
- ChemAnalyst identify firm planned capacities,
planned expansions and closures in identified
geographies and also provide list of idling
capacities wherever applicable. ChemAnalyst
derive segment-wise product demand profile
based on past user industry data, capacity
utilization year-wise growth rates for last 10
years including current year. - Finally, ChemAnalyst project future growth
considering potential new applications up to next
15 years, along with detailed basis / assumption
for arriving at the projected growth rates.
Current sources of products import along with
logistics details of shipping aspect, inland
transportation and cost details has been taken
through primary research. Export destinations to
be targeted based on market study have been
listed. Details of shipping aspect, inland
transportation and cost details etc. will be
based on primary research. - Demand Production Import Export Inventory
- Demand Supply Gap Production - Demand
- ChemAnalyst Research perform periodical checks on
data being collected through surveys with logic
checks and analyze survey results and data
generated through its proprietary database. - ChemAnalyst will also use data triangulation
technique to fill the gaps and to present the
more meaning picture of the market. -
- ChemAnalyst will deliver the final comprehensive
project report in online digital format.
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