Polyester Polyol Market 2020 – Market Size, Share, Price, Trend And Forecast To 2026- DataIntelo

The global polyester polyol market is anticipated to rise to a valuation of USD 12 billion at a considerable CAGR during the forecast period, 2020 – 2026. The growth of the market is attributed to the increased emphasis on energy conservation by end-user industries.

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Automotive antenna modules are utilized for serving multiple purposes in a vehicle such as data exchange via Bluetooth, global positioning, FM Radio, phone pairing and navigation. Various manufacturing firms are providing new tools for integration of mobile device and for car to car communication, which is expected to boost the growth of the market. The focus on enhancing the electronic features of vehicles has gained momentum in recent times. The adoption of 4G and 5G along with technological advancements like Wi-Fi, Bluetooth and Global Positioning Systems (GPS) is anticipated to drive the automotive antenna module market.

Market Trends, Drivers, Restraints, and Opportunities:

• The rise in demand for PU foams from the construction and automotive industry propels the polyester polyol market globally.
• The demand for polyester polyol is increasing owing to the developments in industries such as construction, automotive, and packaging industry.
• Innovations in polyurethane foam increase the demand for polyester polyol; therefore, boosting the market.
• The increasing price of raw materials inhibits the market.
• Fluctuation in the cost of basic raw materials is vulnerable owing to the volatile price of oil which directly affects the production chain. Thereby, restraining the market.
• The disruption in the supply chain due to COVID-19 pandemic is limiting the market.
• Developments in polyester polyols made it appropriate for polyurethane pre-polymer synthesis, thereby driving the market.
• Increased focus on utilizing environment-friendly raw materials, for the manufacturing of polyester polyols, thereby encouraging manufacturers in the market to increase their production capacity to cater to the rising demand boost the growth of the market.
• Developments in the manufacturing of aromatic polyester polyols from PET industrial wastes are fueling the market.
• The rise in disposable income is anticipated to propel the demand for refrigerator and freezer thus creating opportunities in the market.
• Consumption of polyols in elastomers and foams for cushions, packaging, furnish, and coatings in automobiles and electronics industry are likely to increase, owing to the shifting of consumer base from buying long-lasting goods to short-life low cost good. Thus, driving the market.

Competitive Landscape:

Major players in the global polyester polyol market are Purinova, DowDuPont, BASF, Stepan Company, Saudi Arabian Oil Company, Grupo Synthesia, Huntsman International, Olean, and Sumitomo Bakelite. They engage in strategies such as new product launch, partnerships, acquisitions & mergers, research& development, agreements, collaborations & joint ventures, and product & regional expansion. In November 2018, the Dow Chemical Company expanded its manufacturing base in Asia Pacific by opening new polyols manufacturing facility for rigid polyurethane foam in Rayong, Thailand. In 2017, The Dow Chemical Company collaborated with the H&S Anlagentechnik, for the production of recycled polyols from end-of-life mattresses.

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Segments Covered in the Report:

The global polyester polyol market has been segmented on the basis of

By Types:

• Aromatic Polyester Polyol
• Aliphatic Polyester Polyol

By Applications:

• Flexible Foam
• Spray Foam
• Rigid Foam
  • Panels
  • Board Stock
• Refrigeration
• CASE
  • Coatings
  • Adhesives
  • Sealants
  • Elastomers

By End-Users:

• Automotive
• Packaging
• Electrical and Electronics
• Textile
• Insulation

By Regions:

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Few Points of Table of Content:

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Polyester Polyol Market Overview

4.1. Introduction

4.1.1. Market Taxonomy

4.1.2. Market Definition

4.2. Macro-Economic Factors

4.2.1. Industry Outlook

4.3. Polyester Polyol Market Dynamics

4.3.1. Market Drivers

4.3.2. Market Restraints

4.3.3. Opportunity

4.3.4. Market Trends

4.4. Polyester Polyol Market – Supply Chain

4.5. Global Polyester Polyol Market Forecast

4.5.1. Polyester Polyol Market Size (US$ Mn) and Y-o-Y Growth

4.5.2. Polyester Polyol Market Size (000? Units) and Y-o-Y Growth

4.5.3. Polyester Polyol Market Absolute $ Opportunity

5. Global Polyester Polyol Market Analysis and Forecast by Type

5.1. Market Trends

5.2. Introduction

5.2.1. Basis Point Share (BPS) Analysis by Type

5.2.2. Y-o-Y Growth Projections by Type

5.3. Polyester Polyol Market Size and Volume Forecast by Type

5.3.1. Aliphatic Polyester Polyol

5.3.2. Aromatic Polyester Polyol

5.4. Absolute $ Opportunity Assessment by Type

5.5. Market Attractiveness/Growth Potential Analysis by Type

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