Dec 12, 2018   SOURCE: BusinessWire

Global Polyester Polyol Market 2019-2023 - Increasing Demand for Polyols in the Automotive and Construction Industries - ResearchAndMarkets.com

The "Global Polyester Polyol Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The market to grow at a CAGR of about 6 % by 2023

With the consistent innovations in Polyurethane (PU), there has been the formation of several PU foams, including photo cross-linkable PU by companies and research to cater the growing demand for PU foams in multiple applications. Huntsman International acquired Demilec, a company that offers a registered product named DEMILEC APX. The product is an innovative new spray PU foam insulation that insulates and air seals homes, schools, and buildings. These innovations in PU is triggering the growth of the polyester polyol market.

Market Overview

Increasing demand for polyols in the automotive and construction industries

Polyester polyol is one of the key ingredients used in the manufacturing of PU foam. PU foam is used in many end-user industries such as automotive construction, and paint and coating. The development of PU foam for insulation has positively affected the growth of the global polyester polyol market.

Increase in raw material prices

The price of polyester polyols is directly proportional to the supply and prices of raw materials like phthalic acid and adipic acid. The increase in raw materials directly impacts the price of polyester polyols and polyester polyol-based PU.

Competitive Landscape

The polyester polyol market appears to be moderately fragmented with the presence of a considerable number of companies. The increasing demand for polyols in the automotive and construction industries along with consistent innovations in polyurethane (PU) are the factors that are expected to positively impact the market growth. Some of the top companies in the polyester polyol market include BASF, DowDuPont, Huntsman International, Purinova, Stepan Company, and Sumitomo Bakelite.

With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Several companies in the market are focusing on reaping the benefits of the growing demand for polyols in the construction and automotive industries.

Key Topics Covered:

01: Executive Summary

02: Scope Of The Report

03: Market Landscape

04: Market Sizing

05: Five Forces Analysis

06: Market Segmentation By Type

07: Customer Landscape

08: Market Segmentation By Application

09: Geographic Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

15: Appendix

Companies Mentioned

  • BASF
  • DowDuPont
  • Huntsman International
  • Purinova
  • Stepan Company
  • Sumitomo Bakelite

For more information about this report visit https://www.researchandmarkets.com/research/795w37/global_polyester?w=4