Global Polyester Polyol Market Set for Rapid Growth, To Reach Around USD 7.55 Billion by 2021
Sarasota, FL -- (SBWIRE) -- 11/09/2016 -- The report covers forecast and analysis for the polyester polyol market on a global, regional and country level. 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.The study includes drivers and restraints for the polyester polyol market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the polyester polyol market on a global level.
In order to give the users of this report a comprehensive view on the polyester polyol market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the polyester polyol market has also been included in the study. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate and general attractiveness.
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Growing rapid demand for polyester polyol in various end applications such as construction, 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, global polyester polyol market is segmented into flexible foam, spray foam, rigid foam (panels & boardstock), refrigeration, CASE (coatings, adhesives, 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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The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research& development, product and regional expansion of major participants involved in the market on global and regional basis. Moreover, the study covers price trend analysis, product portfolio of various companies along with patent analysis (2011-2016) bifurcated into patent trend, patent share by company and patent analysis according to region.
The study provides a decisive view on the polyester polyol market by segmenting the market based on applications and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Key type segment covered under this study includes aliphatic polyester polyols and aromatic polyester polyols. Key applications segment covered under this study includes flexible foam, spray foam, rigid foam (panels and boardstock), refrigeration, CASE (Coatings, Adhesives, Sealants, Elastomers) and other applications. The regional segmentation includes the current and forecast demand for North America, Europe, Asia pacific, Latin America, and Middle East and Africa with its further bifurcation into major countries including U.S., UK, France, Germany, China, Japan, India and Brazil. This segmentation includes demand for polyester polyol based on individual application in all the regions and countries.
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Some of the key players in the global polyester polyol market include Stepan, Zhang Long Industry Co. Ltd., Myriant, BASF, INVISTA, and The Dow Chemicals.
This report segments the global polyester polyol market as follows:
Polyester Polyol Market: Type Analysis
Aliphatic Polyester Polyols
Aromatic Polyester Polyols
Polyester Polyol Market: Application Analysis
Rigid Foam (Panels And Board Stock)
CASE (Coatings, Adhesives, Sealants, Elastomers)
Polyester Polyol Market: Regional Analysis
Middle East & Africa
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