Global Polyols market is mainly segmented on the basis of types, applications and region/country. On the basis of type polyols, the market is segmented into Polyether Polyols and Polyester Polyols. The major applications of Polyols are Polyurethane (PU) (Flexible Foam), Polyurethane (Rigid Foam), and Others (Include Coatings, Adhesives, Sealants and Elastomers). The market size of the global polyols was estimated for 2016 and forecasted upto 2023 in terms of revenue (in USD million) and volume (KT). The report takes an account of green and bio-based polyols market share and consumption trends across the various countries.
The global polyols market is dominated by Asia-Pacific region. The growth is attributed to the factors, such as high volume consumption of polyols in China especially from the construction and automotive industry verticals. By type of polyols, both Polyurethane (PU) (Flexible Foam) and Polyurethane (Rigid Foam) accounted largest market share of more than 50% in 2016.
Increasing use of adhesive and sealants in various applications such as, automotive, construction has led to high growth. In the automobile industry, adhesive and sealants are taking place of welds, screws, rivets, gaskets and fasteners.
The report includes market size estimation for the regions such as North America (the U.S., Canada and Mexico), Europe (Germany, France, U.K. and Rest of the Europe), Asia-Pacific (China, Japan, South Korea, India and Rest of the APAC) and Rest of the world region includes Latin America and the Middle East and Africa.
Key players operating in the polyols market are Royal Dutch Shell PLC, Cargill Incorporated, Dow Chemicals, BASF SE, Mitsui Chemicals, Inc., Bayer AG, Chemtura Corporation, COIM S.P.A., Emery Oleochemicals, Invista B.V., Lonza Group, Perstorp Ab, Royal Ducth Shell PLC, Shandong Dongda Chemical Industry Co Ltd, Stepan Company, Vertellus Specialties Inc., among others. Each company profile include detailed business overview and financials, product details and recent market developments related to polyols market.
The competitive landscape section of global polyols market report include, merger and acquisitions, new product launches, joint ventures, collaborations, partnerships and business expansions from 2014 to 2017 and impact analysis.