120 likes | 130 Vues
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.
E N D
Polyol Market Analysis, Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End Use, Distribution Channel, Regional Demand, 2015-2030
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.
Regional Outlook: Region wise, Asia-Pacific is expected to dominate the global market during the forecast 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. period due to the rapid
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 demand–supply 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.
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 TargetAudience ➢ 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.
Report 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 GrowthRate Base year for estimation Historic Data Forecast period Quantitativeunits Report coverage Details CAGR of 5.34% from 2021 to 2030 2020 2015 – 2019 2022 – 2030 Demand in tons and CAGR from 2021 to 2030 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 Country scope North America; Europe; Asia Pacific; South America; Middle East & Africa 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. Customizationscope 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. Explorepurchase options
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
METHODOLOGY ChemAnalyst identify firm planned capacities, planned expansions and closures in identified geographies and also provide list of idling capacities wherever wise product demand profile based on past user industry data, capacity utilization & year-wise growth rates for last 10 years including current year. applicable. ChemAnalyst derive segment- 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.
Our Prestigious Clients Who Bought Reports in Chemical Industry
About Us & Disclaimer ChemAnalyst Research is a global market research and consulting company with offices in the US, Indonesia and Indonesia. ChemAnalyst Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by- state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Asia-Pacific Europe North America B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@chemanalyst.com www.chemana;yst.com 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@chemanalyst.com www.chemana;yst.com 420 Lexington Avenue, Suite 300, New York, NY, United States, 10170 Email: sales@chemanalyst.com www.chemana;yst.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. Techsci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, Techsci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of Techsci Research