Global Polyester Polyol Market is Expected to Cross USD 7.55 Billion By 2021 Business Articles | July 15 Alex Gordon Royals Jersey , 2016
Polyol is an alcohol composed of multiple hydroxyl groups. The polyol is mainly classified into polyether polyol and polyester polyol. Polyether polyols are formed by reaction of ethylene oxide or propylene oxide with the multifunctional initiator in the presence of a catalyst. Polyester polyols are produced by polymerization of diols and dicarboxylic acids. These polyols are widely used in coating, adhesives, sealants, paints and other end-industries.
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Zion Research has published a new report titled “Polyester Polyol (Aliphatic Polyester Polyols and Aromatic Polyester Polyols) Market for Flexible Foam, Spray Foam, Rigid Foam (Panels & Boardstock) Yordano Ventura Royals Jersey , Refrigeration, CASE (Coatings, Adhesives, Sealants, Elastomers) and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast Bo Jackson Royals Jersey , 2015 – 2021.” According to the report, global demand for?polyester polyol market?was valued at USD 5.56 billion in 2015, and is expected to reach USD 7.55 billion in 2021, growing at a CAGR of 5.30% between 2016 and 2021. In terms of volume, the global polyester polyol market stood at 2,566.7 kilo tons in 2015.
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Growing rapid demand for polyester polyol in various end applications such as construction George Brett Royals Jersey , automotive, electronics and others is a major driving factor of global polyester polyol market. Additionally, increasing demand for polyester polyol in adhesives and sealants industry is likely to accelerate the growth of the market in near future. However, raw materials price volatility may limit the demand of polyester polyol over the years. Moreover, bio-based polyester polyols is likely to open new opportunities for polyester polyol market.
Aliphatic polyester polyol dominated the global polyester polyol market in 2015 in terms of demand. It accounted over 60% share of the entire revenue generated in 2015. Aliphatic polyester polyol was followed by aromatic polyester polyol. Aliphatic polyester polyol is expected to have a significant owing to its rising demand in coatings, adhesives and sealants industries.
Based on application Wily Peralta Youth Jersey , global polyester polyol market is segmented into flexible foam, spray foam, rigid foam (panels & boardstock), refrigeration, CASE (coatings, adhesives Danny Duffy Youth Jersey , sealants, elastomers) and other applications. Among all applications, flexible foam dominated the polyester polyol market in 2015. It generated over 30% shares of the total revenue of polyester polyol market in 2015. Flexible foam was followed by CASE, which is in turn driven by growth of plastics, paints, coatings and adhesives. The rigid foam segment is also an important outlet for polyester polyol market.
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With the largest share Ian Kennedy Youth Jersey , Asia Pacific was a dominating regional market for polyester polyol in 2015. It accounted for more than 30% share of the global polyester polyol market. This trend is predicted to continue in the coming years. In addition, Asia Pacific is foreseen as the fastest growing region for polyester polyol market owing to the emerging economies of China and India. However, North America and Europe are likely to witness moderate growth within the forecast period.
Some of the major players operative in polyester polyol market include Stepan, Zhang Long Industry Co. Ltd., Myriant, BASF Jorge Soler Youth Jersey , INVISTA, and the Dow Chemicals among others.
This report segments the global polyester polyol market as follows:
Flexible Foam Spray Foam Rigid Foam (Panels And Board Stock) Refrigeration CASE (Coatings, Adhesives, Sealants, Elastomers) Others
Polyester Polyol Market: Regional Analysis
North America U.S. Europe UK France Germany Asia Pacific China Japan India Latin America Brazil Middle East & Africa
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20.01.2020 04:32
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