Global Polyols Market to Witness Impressive Growth, Revenue to Surge to USD 47.72 Billion By 2032

According to the report, the global Polyols market size was valued at approximately USD 24.99 billion in 2023 and is predicted to reach around USD 47.72 billion by the end of 2032, expanding at a CAGR of around 6.7% from 2024 to 2032. 

The report covers forecasts and analyses for the polyols market on a global and regional level. The study provides historical data of 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes drivers and restraints for the polyols 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 polyols market on a global level.

This report offers comprehensive coverage on global polyols market along with, market trends, drivers, and restraints of polyols market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the polyols market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared by using data sourced from in-house databases, and secondary and primary research teams of industry experts. Research analysts and consultants cooperate with leading companies of the concerned domain to verify every value of data that exists in this report.

With a significant share, Asia-Pacific was the largest market for polyols in 2023. It accounted for more than 28% shares of the entire market. Furthermore, it is expected to follow this trend within the forecast period. This is due to the extensive requirement from the up-and-coming nations in the area. The Middle East & Africa and Latin America are also likely to clock noteworthy development rates for the polyols market during the near future owing to the increasing end-user sectors in the region such as construction and automotive.

The study offers a vital outlook on the polyols market by designating the market based on products, applications, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. Key products covered under this study include polyester polyol and polyether polyol. Major applications covered in the study are flexible foam, rigid foam, and others applications. The geographical segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Furthermore, these major regions are bifurcated into major countries such as U.S., Canada, Mexico, Poland, Russia, UK, France, Germany, China, Japan, India, South Korea, ASEAN, Brazil, and Argentina.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include BASF SE, Royal Dutch Shell PLC, Dow Chemicals, Bayer AG, Cargill Incorporated, Invista B.V., COIM S.P.A., Mitsui Chemicals, Inc., Lonza Group, Emery Oleochemicals and Chemtura Corporation amongst others.

Browse the full “Polyols Market By Product (Polyester Polyol and Polyether Polyol), By Application (Flexible Foam, Rigid Foam, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032” Report at https://www.zionmarketresearch.com/report/polyols-market

The report segments the Polyols Market into:

By Product

• Polyester Polyol
• Polyether Polyol

By Application

• Flexible Foam
• Rigid Foam
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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