38% of the growth of the polyol market in the Asia-Pacific region | Increasing demand for polyols in the automotive and construction industries to promote market growth | 17000+ Technavio reports

2021-12-14 11:31:01 By : Ms. Tany Tang

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New York, December 13, 2021/PRNewswire/-"Polyol market by type (polyether polyol and polyester polyol), application (flexible polyurethane foam, rigid polyurethane foam and CASE) and geographic distribution (Asia Pacific , Europe, North America, South America and MEA)-2021-2025 Forecast and Analysis" report has been added to Technavio’s products. With ISO 9001:2015 certification, Technavio is proud to have worked with more than 100 Fortune 500 companies for more than 16 years.

During the forecast period, 38% of market growth will come from the Asia-Pacific region. China, India, and Japan are the main markets for polyols in the Asia-Pacific region. Market growth in the Asia-Pacific region will be faster than market growth in other regions. The increase in the number of residential, non-residential and public infrastructure projects, especially in India, China, Malaysia and other developing countries, will promote the growth of the polyol market in the Asia-Pacific region during the forecast period.

The potential growth difference in the polyol market between 2020 and 2025 is USD 15.06 billion. To get the exact annual growth difference and YOY growth rate, please consult our analysts.

The growing demand for polyols in the automotive and construction industries and the growing demand for adhesives and sealants are some of the key market drivers. However, factors such as raw material price fluctuations will challenge market growth. The overall analysis of the driving factors and challenges will help infer the ultimate goal and improve the marketing strategy to gain a competitive advantage. The polyol market analysis report also provides detailed information about other upcoming trends that will have a profound impact on market growth. 

Learn about other key drivers, trends and challenges available to Technavio. Read our free sample report now!

The polyol market report is broken down by type (polyether polyol and polyester polyol), application (flexible polyurethane foam, rigid polyurethane foam, and CASE), and geography (Asia Pacific, Europe, North America, South America, and MEA). The market research report contains detailed information about the supplier’s competitive intelligence, marketing gaps, segmentation and regional opportunities, which will help formulate effective business plans.

Check out our free sample report to learn more about the contribution and regional opportunities of all market segments in the report.

Some companies mentioned their products

The polyol market is fragmented, and suppliers are deploying growth strategies, such as establishing strategic partnerships to participate in market competition. In order to take full advantage of opportunities, market suppliers should pay more attention to the growth prospects of fast-growing market segments, while maintaining their position in the slow-growing market segments.

Polymer-based composites market-The market share of polymer-based composites is expected to increase by USD 3.76 billion from 2021 to 2026, and the market growth momentum will accelerate at a compound annual growth rate of 6.50%. Download the free sample now!

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Accelerate at a compound annual growth rate of 8.36%

Asia Pacific, Europe, North America, South America and MEA

China, the United States, the Russian Federation, India, Canada, and Japan

Leading company, competitive strategy, scope of consumer participation

BASF SE, Cargill Inc., Covestro AG, Dow Inc., Huntsman Corp., LANXESS AG, Mitsui Chemicals Inc., Royal Dutch Shell Plc, Solvay SA, and Stepan Co.

Mother market analysis, market growth incentives and obstacles, fast-growing and slow-growing market segments, COVID-19 impact and future consumer dynamics, and market conditions during the forecast period.

If our report does not contain the data you are looking for, you can contact our analysts and customize the market segment.

About Us Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and formulate effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, and its client base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.

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