Market Overview:
The global polyurethane polyols market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PU foams in the automotive and construction industries, and rising awareness about energy-efficient insulation products. In terms of volume, flexible foam is expected to be the largest segment of the global polyurethane polyols market during the forecast period. Asia Pacific is expected to be the fastest-growing region in terms of volume during the forecast period.
Product Definition:
Polyurethane Polyols are a type of polyurethane that is made from alcohols. They are important because they are used to make foam products, such as insulation and furniture cushions.
Flexible foams:
Flexible foams are man-made polymeric materials that have a three-dimensional regular structure, but can be easily rolled, shaped or deformated. They do not return to their original shape after being bent or compressed. Flexible foams can be categorized as closed cell and open cell flexible foam depending upon the density of the product. Closed cells are high in density and open cells are low in density flexible foams.
Rigid Foams:
Rigid foams are closed cell polymeric foams that do not flow or shrink with the addition of water. Rigid foams can be manufactured using various raw materials such as ethylene, propylene and styrene. They have high strength and thermal stability which makes them suitable for insulation applications in buildings, automobiles and ships among others.
Application Insights:
Building and construction was the largest application segment in 2016, accounting for over 35% of the overall market. The growing construction industry across developing countries such as China, India and Brazil is expected to drive demand for PU polyols over the forecast period. In addition, increasing urbanization along with a rise in per capita disposable income has led to an increase in residential building activities across developing countries such as India and China. This is likely to positively impact product demand during the estimated period.
Automotive & transportation was another prominent segment accounting for around 24% of global market share in 2016 owing to rising automotive production especially from emerging markets including China, Indonesia and Thailand which are expected to drive PU polyols consumption during estimated period. In addition, stringent government regulations regarding vehicle emissions coupled with increasing fuel efficiency requirements are anticipated further boost product consumption during estimated time frame.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization, coupled with increasing disposable income levels in emerging economies such as China and India. In addition, rising demand for automobiles in these countries will drive product demand over the forecast period.
Europe was the second largest region followed by North America in terms of revenue share and is anticipated to witness moderate growth over the forecast period on account of mature markets for polyurethane polyols products coupled with stringent environmental regulations by regulatory bodies such as Ecolabeling Commission (EC) within EU that mandates application specific labeling for products that meet or exceed specified energy performance standards set by EC are considered environmentally friendly along with low VOC emissions which are further driving industry growth across this region.
Growth Factors:
- Increasing demand for polyurethane foams in the construction and automotive industries due to their superior insulation and acoustic properties.
- Growing demand for flexible foam products in the furniture, bedding, and packaging industries.
- Rising popularity of polyurethane coatings as a low-VOC alternative to solvent-based coatings in the architectural and industrial sectors.
- Increasing use of rigid foam insulation in buildings as a means of improving energy efficiency and reducing greenhouse gas emissions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyurethane Polyols Market Research Report
By Type
Flexible foams, Rigid Foams, Coatings, Adhesives & Sealants, Elastomers, Others
By Application
Building & Construction, Automotive & Transportation, Bedding & Furniture, Footwear, Appliances & White Goods, Others
By Companies
Covestro AG (Germany), BASF SE (Germany), The Dow Chemical Company (US), Wanhua Chemical Group Co. Ltd. (China), Huntsman Corporation (U.S .), Mitsui Chemical Inc. (Japan), Lanxess, Tosoh Corporation (Japan), Manali Petrochemicals Limited (India)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Polyurethane Polyols Market Report Segments:
The global Polyurethane Polyols market is segmented on the basis of:
Types
Flexible foams, Rigid Foams, Coatings, Adhesives & Sealants, Elastomers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Automotive & Transportation, Bedding & Furniture, Footwear, Appliances & White Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Covestro AG (Germany)
- BASF SE (Germany)
- The Dow Chemical Company (US)
- Wanhua Chemical Group Co. Ltd. (China)
- Huntsman Corporation (U.S .)
- Mitsui Chemical Inc. (Japan)
- Lanxess
- Tosoh Corporation (Japan)
- Manali Petrochemicals Limited (India)
Highlights of The Polyurethane Polyols Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flexible foams
- Rigid Foams
- Coatings
- Adhesives & Sealants
- Elastomers
- Others
- By Application:
- Building & Construction
- Automotive & Transportation
- Bedding & Furniture
- Footwear
- Appliances & White Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyurethane Polyols Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyurethane polyols are a type of polymer that is used in many products, including paints and coatings. They are made from two types of molecules: urethane and polyol. Urethane is the main molecule, and it helps to make the polyurethane flexible. Polyol is a type of sugar molecule, and it helps to make the polymer strong.
Some of the major players in the polyurethane polyols market are Covestro AG (Germany), BASF SE (Germany), The Dow Chemical Company (US), Wanhua Chemical Group Co. Ltd. (China), Huntsman Corporation (U.S .), Mitsui Chemical Inc. (Japan), Lanxess, Tosoh Corporation (Japan), Manali Petrochemicals Limited (India).
The polyurethane polyols market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyurethane Polyols Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyurethane Polyols Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyurethane Polyols Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyurethane Polyols Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyurethane Polyols Market Size & Forecast, 2018-2028
4.5.1 Polyurethane Polyols Market Size and Y-o-Y Growth
4.5.2 Polyurethane Polyols Market Absolute $ Opportunity
Chapter 5 Global Polyurethane Polyols Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polyurethane Polyols Market Size Forecast by Type
5.2.1 Flexible foams
5.2.2 Rigid Foams
5.2.3 Coatings
5.2.4 Adhesives & Sealants
5.2.5 Elastomers
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyurethane Polyols Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polyurethane Polyols Market Size Forecast by Applications
6.2.1 Building & Construction
6.2.2 Automotive & Transportation
6.2.3 Bedding & Furniture
6.2.4 Footwear
6.2.5 Appliances & White Goods
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyurethane Polyols Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyurethane Polyols Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polyurethane Polyols Analysis and Forecast
9.1 Introduction
9.2 North America Polyurethane Polyols Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polyurethane Polyols Market Size Forecast by Type
9.6.1 Flexible foams
9.6.2 Rigid Foams
9.6.3 Coatings
9.6.4 Adhesives & Sealants
9.6.5 Elastomers
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polyurethane Polyols Market Size Forecast by Applications
9.10.1 Building & Construction
9.10.2 Automotive & Transportation
9.10.3 Bedding & Furniture
9.10.4 Footwear
9.10.5 Appliances & White Goods
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polyurethane Polyols Analysis and Forecast
10.1 Introduction
10.2 Europe Polyurethane Polyols Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polyurethane Polyols Market Size Forecast by Type
10.6.1 Flexible foams
10.6.2 Rigid Foams
10.6.3 Coatings
10.6.4 Adhesives & Sealants
10.6.5 Elastomers
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polyurethane Polyols Market Size Forecast by Applications
10.10.1 Building & Construction
10.10.2 Automotive & Transportation
10.10.3 Bedding & Furniture
10.10.4 Footwear
10.10.5 Appliances & White Goods
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polyurethane Polyols Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyurethane Polyols Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polyurethane Polyols Market Size Forecast by Type
11.6.1 Flexible foams
11.6.2 Rigid Foams
11.6.3 Coatings
11.6.4 Adhesives & Sealants
11.6.5 Elastomers
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polyurethane Polyols Market Size Forecast by Applications
11.10.1 Building & Construction
11.10.2 Automotive & Transportation
11.10.3 Bedding & Furniture
11.10.4 Footwear
11.10.5 Appliances & White Goods
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polyurethane Polyols Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyurethane Polyols Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polyurethane Polyols Market Size Forecast by Type
12.6.1 Flexible foams
12.6.2 Rigid Foams
12.6.3 Coatings
12.6.4 Adhesives & Sealants
12.6.5 Elastomers
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polyurethane Polyols Market Size Forecast by Applications
12.10.1 Building & Construction
12.10.2 Automotive & Transportation
12.10.3 Bedding & Furniture
12.10.4 Footwear
12.10.5 Appliances & White Goods
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polyurethane Polyols Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyurethane Polyols Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polyurethane Polyols Market Size Forecast by Type
13.6.1 Flexible foams
13.6.2 Rigid Foams
13.6.3 Coatings
13.6.4 Adhesives & Sealants
13.6.5 Elastomers
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polyurethane Polyols Market Size Forecast by Applications
13.10.1 Building & Construction
13.10.2 Automotive & Transportation
13.10.3 Bedding & Furniture
13.10.4 Footwear
13.10.5 Appliances & White Goods
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyurethane Polyols Market: Competitive Dashboard
14.2 Global Polyurethane Polyols Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Covestro AG (Germany)
14.3.2 BASF SE (Germany)
14.3.3 The Dow Chemical Company (US)
14.3.4 Wanhua Chemical Group Co. Ltd. (China)
14.3.5 Huntsman Corporation (U.S .)
14.3.6 Mitsui Chemical Inc. (Japan)
14.3.7 Lanxess
14.3.8 Tosoh Corporation (Japan)
14.3.9 Manali Petrochemicals Limited (India)
