Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Polyether Polyols Market makes an offering
of in-depth analysis of segments and sub-segments in the regional and
international Polyether Polyols Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Polyether
Polyols Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Polyether Polyols Market is offered. In accordance with the report, the global
Polyether Polyols Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints
,Opportunity & Trends of the Market:
Definition
Polyether polyols are manufactured
by the reaction of epioxides with compounds which consists of active hydrogen
atom. They are developed by the polycondensation reaction of the
multifunctional carboxylic acids and polyhydroxyl compounds. Polyether polyols
have key uses in developing polyurethane foams. Flexible foams are particularly
used for the cushioning applications such as furniture, beddings, car seats and
others. Rigid foams are mostly used for the insulation purpose.
Market Drivers
In 2019-2020, the construction
industry exhibited the entire market growth despite of the cost pressure, labor
shortages etc. Deloitte predicted that this trend would continue to persist in
2020, but the Covid-19 pandemic might delay the project timelines and drop
labor and employment. Likewise, global construction industry, automotive
industry exhibited a positive effect in some regions. For instance, automotive
sector created 7% of the Europe’s GDP. The use of polyether polyols in
insulation, interiors of the cars, furniture, beddings etc. in the construction
and automotive industries might propel the growth of the global polyether
polyols market during the forecast period.
Market Restraints
Collection
of raw material, manufacturing to polyurethane foams, storage and shipment of
the end products must comply with the regulatory concept. Compliance with the
international regulatory landscape, and other environmental landscapes play
crucial role in the market of the polyether polyols market. In addition to the
international regulatory agencies, there are several local regulatory agencies
(National Coastal Management Authority, National Development and Reform
Committee, China, the Environmental Protection Agency, the US which resist the
growth of the global polyether polyols market in the upcoming period.
Furthermore, there are several Intellectual Property Rights laws which may
raise question about the innovative or process of technology.
Opportunities
There
are several mergers and acquisitions and technology licensing among the key
players. Mergers and acquisition help the companies to fortify its operation in
those fields in which those companies feel weak. For example, Solvay and
Lockheed Martin signed an agreement for five year material supply for Lockheed
Martin fighter jets in 2020. In the same year, Solvay has launched a products
which prevent emergence of Covid-19 pandemic.
Trends
The
natural gas industry starts to decline through key markets. Furthermore, the
chemical industry has been predicting a strong fall in revenue in future. Less
demands of oil and gas, fall in certain product lines in Asia Pacific region
will decrease the demand of oil and gas in the same region. Emergence of
Covid-19 led the fall of the global oil and gas industry in the current year.
In
developing region, the consumption of oil and gas remain flat, particularly in
China there is some positive trend but in other areas, consumption went down.
Global pharmaceutical industry will constant in the upcoming future whereas the
global beverages industry is anticipated to remain flat during the forecast
period.
The
usages of the polyether polyols in various industries are prominent- therefore,
the fall of the oil and gas industries, stagnant petrochemical industry,
pharmaceutical industry etc. will provide the global polyether polyols market a
threat during the forecast period.
Segment Covered:
This market
intelligence report on the global Polyether Polyols Market encompasses market segments based on type, application,
end use and country.
By type the
global Polyether Polyols Market has been divided into:
q Rigid
polyether polyols
q Flexible
polyether polyols
q Case
polyether polyols
q Others
By application the global Polyether
Polyols Market has been divided into:
q Polyurethane
Foams
q Adhesives
and Sealants
q Elastomers
q Plasticizers
q Coatings
q Synthetic
Lubricants
q Surface
Active Agents
q Others HDPE
By application
the global Polyether Polyols Market has been divided into:
q Construction
q Automotive
q Furnishing
q Packaging
q Electrical
And Electronics
q Others
By country/region,
the global Polyether Polyols Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q BASF SE
q Solvay
q Covestro
AG
q DowDuPont
q Huntsman
Corporation
q AGC
Chemicals Americas
q Krishna
Antioxidants Pvt. Ltd
q Baalbaki
Group S.A.
q Royal
Industries
q Biotor
Industries Limited
q PCC SE
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Polyether Polyols Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
INVISTA
In 2020, INVISTA
Performance Technology and SASA Polyester Sanayi A.? teamed up to license P8
process technology for SASA’s PTA project in Turkey. With an annual production
capacity of 1.5 Mn Tonnes, it is the largest single stream design capacity
licensed by INVISTA
In 2020, Hengli
Petrochemical declared that it teamed up with INVISTA Performance Technology
and demonstrated successful application of 4th PTA line using INVISTA’s P8 PTA
technology.
Hexion
In 2018, Hexion
introduced innovative polyol technology for polyurethane foams. The company
facilitated polyurethane rigid foam producers some benefits to increase
productivity when compared to conventional technology. These polyols when
reacted with the isocyanates, develops polyurethane foams for building
insulation, refrigerators, freezers and other applications.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Polyether
Polyols Market, size of the
market (US$ Mn ), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Polyether Polyols Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Polyether Polyols caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Polyether
Polyols Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Polyether Polyols Market
v
Identification
of key factors driving investment opportunities in the Polyether
Polyols Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants