Global Polyether Polyols Market Worth $21,441.0 Million by 2019 with Rising Applications - A Report by MicroMarket Monitor
(PRWEB) March 11, 2015 -- MicroMarket Monitor expects the global polyether polyols market to grow at an anticipated CAGR of around 7.3% from 2014 to reach $21,441.0 million by the end of 2019.
Explore Global Polyether Polyols Market with help of detailed TOC, market trends and revenue forecasts.
http://www.micromarketmonitor.com/market-report/polyether-polyols-reports-5072194816.html
Polyols are a type of alcohol made of multiple hydroxyl groups. They find diverse applications across various industrial verticals. The report expects expansion of the different applications of these products. Ranging from foams to sealants to adhesives, applications segments of these products are expected to rise at an impressive rate. According to the report, growth in technological advancements and rising demand from the emerging markets are also considered to be some of the major driving factors for this market.
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According to MicroMarket Monitor, the polyether polyol is one of the emerging markets. It expects affordable prices and improved stability of fuel are expected to be the major driving factors for the industry. Easy handling and flexibility of foam applications are also expected to be the impressive factors driving growth in this market. Different end-user applications such as automotive interiors and home furniture are also poised to create strong growth opportunities for this market over the next few years.
The report expects flexible foam segment to dominate the global Polyether Polyols Market on the basis of revenue generation. Growth in the end-user applications are expected to help this segment witness impressive growth. Rigid foams segment is also expected to witness healthy growth over the next few years.
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MicroMarket Monitor segments the global polyether polyols market on the accounts of the types of applications and demand for the market from different geographic regions. It also provides details about the growth trends and restraining factors for the key players in the industry. According to the report, the global industry is expected to reach $21,441.0 million by 2019.
Related Report:
Asia-Pacific Polyether Polyols Market
The polyether polyol market is experiencing enormous growth which is expected to continue in the near future. The market in Asia-Pacific dominates the global polyether polyols market. This is attributed to the factors, such as huge demand for polyols in China especially from the construction industry. Also, there is increase in investments by various market players to serve the end-user applications industry.
http://www.micromarketmonitor.com/market/asia-pacific-polyether-polyols-5774408045.html
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