The polyols market is forecasted to grow by USD 10.08 bn during 2023-2028, accelerating at a CAGR of 5.96% during the forecast period. The report on the polyols market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by escalating demand for polyols in electronics industry, increasing demand for polyols in automotive and construction industries, and increasing use of polyurethane insulation in refrigerators and freezers.
Technavio's polyols market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
5.4%
CAGR
5.96%
Incremental Value
$10.08bn
By Type
Polyether polyols
Polyester polyols
By Application
Flexible polyurethane foams
Rigid polyurethane foams
CAS and E
By Geographical Landscape
APAC
Europe
North America
South America
Middle East and Africa
This study identifies the growing shift toward flexible polyurethane foams as one of the prime reasons driving the polyols market growth during the next few years. Also, increasing demand for bio-based polyols and integration of digital technologies for process optimization and product development will lead to sizable demand in the market.
The report on the polyols market covers the following areas:
Polyols market sizing
Polyols market forecast
Polyols market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyols market vendors that include Arkema Group, BASF SE, COIM Spa, Covestro AG, DIC Corp., Dow Chemical Co., Evonik Industries AG, Huntsman International LLC, Lanxess AG, Mitsui Chemicals Inc., N Shashikant and Co., Nippon Shokubai Co. Ltd., Otto Chemie Pvt. Ltd., POLYOLS and POLYMERS PVT. LTD., Shakun Industries, Shell plc, Stepan Co., Thermo Fisher Scientific Inc., Wanhua Chemical Group Co. Ltd., and Repsol SA. Also, the polyols market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global polyols market 2018 - 2022
4.2 Type Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Type
6.1 Market segments
6.2 Comparison by Type
6.3 Polyether polyols - Market size and forecast 2023-2028
6.4 Polyester polyols - Market size and forecast 2023-2028
6.5 Market opportunity by Type
7 Market Segmentation by Application
7.1 Market segments
7.2 Comparison by Application
7.3 Flexible polyurethane foams - Market size and forecast 2023-2028
7.4 Rigid polyurethane foams - Market size and forecast 2023-2028
7.5 CAS and E - Market size and forecast 2023-2028
7.6 Market opportunity by Application
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 North America - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028