Polyols Market Size Is Growing at 8.0% CAGR Till 2022
The polyol is an alcohol containing multiple hydroxyl groups and is used in polymer chemistry industry. The polyol is a key ingredient used in polyurethane formulations, which is largely used in various industrial applications including rigid & flexible foams, coatings, adhesives, sealants, and elastomer. Moreover, increasing use of polyurethanes in the construction industry is expected to drive the polyols market in the forecast period. Moreover, polyols are witnessing increasing demand for insulation purposes from North America. However, volatility of raw...
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