Key Players of the Asia-Pacific Polyether Polyols Market include Major polyether polyol manufacturers are Expanded Polymer Systems Pvt. Ltd. (India), Manali Petrochemicals Ltd. (India), Cargill Incorporated (U.S.), Bayer Material Science Ag (Germany).
(PRWEB) April 09, 2015
The APAC Polyether Polyols market is expected to reach a value of $8,745.5 million by 2020, estimated to grow at a CAGR of 8.5% from 2014 to 2020.
Browse through the TOC of Asia-Pacific Polyether Polyols Market for an analysis of industry trends, segments & forecasts.
A polyol is an alcohol containing multiple hydroxyl groups. Polymeric polyols are usually polyethers or polyesters. Polyether polyols are made by reacting epoxides, such as ethylene oxide or propylene oxide, with a multifunctional initiator in the presence of a catalyst, often a strong base such as potassium hydroxide or a double metal cyanide catalyst, such as zinc hexacyanocobaltate-t-butanol complex.
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The APAC polyether polyols market is projected to reach a value of $8,745.5 million by 2020, at a CAGR of 8.5% from 2014 to 2020, mainly due to the flexible foam application segment that is majorly used by end-user industries such as the bedding, furniture, carpets interlay, and car interior industries, among others. Low cost, ease of handling, and improved hydrolytic stability are the major factors influencing the overall consumption of polyether polyols in comparison to polyester polyols.
Most polyether polyols are manufactured for the preparation of soft or rigid polyurethanes with different applications. Other uses vary from synthetic lubricants to surface active agents. Polyether polyols are majorly used in polyurethane foams. Flexible foams are largely used in cushioning applications, such as furniture, bedding & car seats, and carpet underlays, while rigid foam is mainly preferred by the construction industry, wherein it is used for insulation. Rigid foam is also used in commercial refrigeration and packaging. Other uses for polyether polyols include elastomers, adhesives and sealants, surface coatings, and polyurethane fibers.
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The APAC polyether polyols market has been segmented on the basis of application and geography. Major applications of polyether polyols include flexible foams, rigid foams, and others (adhesives, elastomers & sealants). On the basis of geography, this market is classified into countries such as China, South Korea, Japan, India, and rest of Asia.
The report includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it also presents a competitive landscape and company profiles of key players in this market.
Polyether Polyols Market
The report covers the polyether polyol market in the Asia-Pacific region on the basis of application and geography. The Asia-Pacific polyether polyol was estimated to be $4,638.5 million in 2012, and is projected to grow at a CAGR of 8.5% from 2014 to 2020. The data mentioned in the report is based on the overall demand for polyether polyol in the Asia-Pacific region.
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