Polyester polyols are materials made from a mix of dibasic acids/anhydrides, diols, and triols. They are manufactured by reacting polyhydric alcohol with polycarboxylic acid or an anhydride. Owing to the aromatic substitution pattern of polyester polyols they offer hydrolytic stability. In the current market scenario, market players are focusing on manufcturing polyetser polyols from eco-friendly raw materials such as bio-succininc acid, as it helps in reducing environamntal footprint.
MARKET DYNAMICS
The global polyester polyols market is expected to register a notable CAGR during the forecast period due to the growth of automotive and construction industries. Increasing number of energy-efficient buildings in countries such as China, is fuelling the demand for aromatic polyester polyols. In Asia-Pacific, the demand for polyester polyols is on a rise due to a hike in the manufcaturing of freezers and refrigerators. However, the market growth is being hampered due to the implementaion of stringent regulations pertaining to the manufacturing of polyurethane foams. The US EPA has set few environmental regulation- National Emission Standards for Hazardous Air Pollutants (NESHAP) for the manufacturers of polyurethane foams. The market is expected to emerge lucrative during the upcoming years owing to the hike in demand for bio-based polyols in various application industries.
MARKET SCOPE
The "Global Polyester Polyols Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyester polyols market with detailed market segmentation by product type, application, and geography. The global polyester polyols market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading polyester polyols market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyester polyols market is segmented on the basis of product type, and application. Based on product type, the global polyester polyols market is segmented into aliphatic and aromatic. Based on application, the market is bifurcated into panels and boards, flexible foam, spray foam, coatings, adhesives & sealants, elastomers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyester polyols market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The polyester polyols market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyester polyols market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyester polyols market in these regions.
MARKETPLAYERS
The reports cover key developments in the polyester polyols market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polyester polyols market are anticipated to lucrative growth opportunities in the future with the rising demand for polyester polyols in the global market. Below mentioned is the list of few companies engaged in the polyester polyols market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyester polyols market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Kansai Paint Co. Ltd.
- Sumitomo Bakelite Co. Ltd.
- Covestro AG
- The Dow Chemical Company
- Purinova LLC
- Huntsman Corp.
- DIC corporation
- Kuraray Co. Ltd.
- Stepan Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyester polyols market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The polyester polyols market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyester polyols market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyester polyols market in these regions.
MARKETPLAYERS
The reports cover key developments in the polyester polyols market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polyester polyols market are anticipated to lucrative growth opportunities in the future with the rising demand for polyester polyols in the global market. Below mentioned is the list of few companies engaged in the polyester polyols market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyester polyols market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Kansai Paint Co. Ltd.
- Sumitomo Bakelite Co. Ltd.
- Covestro AG
- The Dow Chemical Company
- Purinova LLC
- Huntsman Corp.
- DIC corporation
- Kuraray Co. Ltd.
- Stepan Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Polyester Polyols Market - By Product Type
1.3.2 Polyester Polyols Market - By Application
1.3.3 Polyester Polyols Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. POLYESTER POLYOLS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. POLYESTER POLYOLS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. POLYESTER POLYOLS MARKET - GLOBAL MARKET ANALYSIS
6.1. POLYESTER POLYOLS - GLOBAL MARKET OVERVIEW
6.2. POLYESTER POLYOLS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POLYESTER POLYOLS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. ALIPHATIC
7.3.1. Overview
7.3.2. Aliphatic Market Forecast and Analysis
7.4. AROMATIC
7.4.1. Overview
7.4.2. Aromatic Market Forecast and Analysis
8. POLYESTER POLYOLS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PANELS AND BOARDS
8.3.1. Overview
8.3.2. Panels and Boards Market Forecast and Analysis
8.4. FLEXIBLE FOAM
8.4.1. Overview
8.4.2. Flexible Foam Market Forecast and Analysis
8.5. SPRAY FOAM
8.5.1. Overview
8.5.2. Spray Foam Market Forecast and Analysis
8.6. COATINGS, ADHESIVES AND SEALANTS
8.6.1. Overview
8.6.2. Coatings, Adhesives and Sealants Market Forecast and Analysis
8.7. ELASTOMERS
8.7.1. Overview
8.7.2. Elastomers Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. POLYESTER POLYOLS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Polyester Polyols Market Overview
9.1.2 North America Polyester Polyols Market Forecasts and Analysis
9.1.3 North America Polyester Polyols Market Forecasts and Analysis - By Product Type
9.1.4 North America Polyester Polyols Market Forecasts and Analysis - By Application
9.1.5 North America Polyester Polyols Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Polyester Polyols Market
9.1.5.1.1 Canada Polyester Polyols Market by Product Type
9.1.5.1.2 Canada Polyester Polyols Market by Application
9.1.5.2 Mexico Polyester Polyols Market
9.1.5.2.1 Mexico Polyester Polyols Market by Product Type
9.1.5.2.2 Mexico Polyester Polyols Market by Application
9.1.5.3 US Polyester Polyols Market
9.1.5.3.1 US Polyester Polyols Market by Product Type
9.1.5.3.2 US Polyester Polyols Market by Application
9.2. EUROPE
9.2.1 Europe Polyester Polyols Market Overview
9.2.2 Europe Polyester Polyols Market Forecasts and Analysis
9.2.3 Europe Polyester Polyols Market Forecasts and Analysis - By Product Type
9.2.4 Europe Polyester Polyols Market Forecasts and Analysis - By Application
9.2.5 Europe Polyester Polyols Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Polyester Polyols Market
9.2.5.1.1 Germany Polyester Polyols Market by Product Type
9.2.5.1.2 Germany Polyester Polyols Market by Application
9.2.5.2 France Polyester Polyols Market
9.2.5.2.1 France Polyester Polyols Market by Product Type
9.2.5.2.2 France Polyester Polyols Market by Application
9.2.5.3 Italy Polyester Polyols Market
9.2.5.3.1 Italy Polyester Polyols Market by Product Type
9.2.5.3.2 Italy Polyester Polyols Market by Application
9.2.5.4 United Kingdom Polyester Polyols Market
9.2.5.4.1 United Kingdom Polyester Polyols Market by Product Type
9.2.5.4.2 United Kingdom Polyester Polyols Market by Application
9.2.5.5 Russia Polyester Polyols Market
9.2.5.5.1 Russia Polyester Polyols Market by Product Type
9.2.5.5.2 Russia Polyester Polyols Market by Application
9.2.5.6 Rest of Europe Polyester Polyols Market
9.2.5.6.1 Rest of Europe Polyester Polyols Market by Product Type
9.2.5.6.2 Rest of Europe Polyester Polyols Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Polyester Polyols Market Overview
9.3.2 Asia-Pacific Polyester Polyols Market Forecasts and Analysis
9.3.3 Asia-Pacific Polyester Polyols Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Polyester Polyols Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Polyester Polyols Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Polyester Polyols Market
9.3.5.1.1 Australia Polyester Polyols Market by Product Type
9.3.5.1.2 Australia Polyester Polyols Market by Application
9.3.5.2 China Polyester Polyols Market
9.3.5.2.1 China Polyester Polyols Market by Product Type
9.3.5.2.2 China Polyester Polyols Market by Application
9.3.5.3 India Polyester Polyols Market
9.3.5.3.1 India Polyester Polyols Market by Product Type
9.3.5.3.2 India Polyester Polyols Market by Application
9.3.5.4 Japan Polyester Polyols Market
9.3.5.4.1 Japan Polyester Polyols Market by Product Type
9.3.5.4.2 Japan Polyester Polyols Market by Application
9.3.5.5 South Korea Polyester Polyols Market
9.3.5.5.1 South Korea Polyester Polyols Market by Product Type
9.3.5.5.2 South Korea Polyester Polyols Market by Application
9.3.5.6 Rest of Asia-Pacific Polyester Polyols Market
9.3.5.6.1 Rest of Asia-Pacific Polyester Polyols Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Polyester Polyols Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Polyester Polyols Market Overview
9.4.2 Middle East and Africa Polyester Polyols Market Forecasts and Analysis
9.4.3 Middle East and Africa Polyester Polyols Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Polyester Polyols Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Polyester Polyols Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Polyester Polyols Market
9.4.5.1.1 South Africa Polyester Polyols Market by Product Type
9.4.5.1.2 South Africa Polyester Polyols Market by Application
9.4.5.2 Saudi Arabia Polyester Polyols Market
9.4.5.2.1 Saudi Arabia Polyester Polyols Market by Product Type
9.4.5.2.2 Saudi Arabia Polyester Polyols Market by Application
9.4.5.3 U.A.E Polyester Polyols Market
9.4.5.3.1 U.A.E Polyester Polyols Market by Product Type
9.4.5.3.2 U.A.E Polyester Polyols Market by Application
9.4.5.4 Rest of Middle East and Africa Polyester Polyols Market
9.4.5.4.1 Rest of Middle East and Africa Polyester Polyols Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Polyester Polyols Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Polyester Polyols Market Overview
9.5.2 South and Central America Polyester Polyols Market Forecasts and Analysis
9.5.3 South and Central America Polyester Polyols Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Polyester Polyols Market Forecasts and Analysis - By Application
9.5.5 South and Central America Polyester Polyols Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Polyester Polyols Market
9.5.5.1.1 Brazil Polyester Polyols Market by Product Type
9.5.5.1.2 Brazil Polyester Polyols Market by Application
9.5.5.2 Argentina Polyester Polyols Market
9.5.5.2.1 Argentina Polyester Polyols Market by Product Type
9.5.5.2.2 Argentina Polyester Polyols Market by Application
9.5.5.3 Rest of South and Central America Polyester Polyols Market
9.5.5.3.1 Rest of South and Central America Polyester Polyols Market by Product Type
9.5.5.3.2 Rest of South and Central America Polyester Polyols Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. POLYESTER POLYOLS MARKET, KEY COMPANY PROFILES
11.1. BASF SE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. KANSAI PAINT CO. LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SUMITOMO BAKELITE CO. LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. COVESTRO AG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. THE DOW CHEMICAL COMPANY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PURINOVA LLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HUNTSMAN CORP.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. DIC CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. KURARAY CO. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. STEPAN COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. BASF SE
2. Kansai Paint Co. Ltd.
3. Sumitomo Bakelite Co. Ltd.
4. Covestro AG
5. The Dow Chemical Company
6. Purinova LLC
7. Huntsman Corp.
8. DIC Corporation
9. Kuraray Co. Ltd.
10. Stepan Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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