The Global Polyether Polyols Market is Estimated to Grow to $21,440.9 Million by 2020 - New Report by MicroMarket Monitor
(PRWEB) November 20, 2014 -- The Global Polyether Polyols Market report defines and segments this market with analysis and forecast of revenue. This market is estimated to grow to $21,440.9 million by 2020 at a CAGR of 7.3% from 2014 to 2020.
Browse through the TOC of the Global Polyether Polyols Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, which is supported by various tables and figures.
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Polyether polyols with higher molecular weight (generally more than 3,000) are mainly used in the manufacturing of polyurethanes (flexible foam). Polyether polyols contain an ether chain and have two or more hydroxyl groups. These are water-soluble polymers with a wide range of compositions. Polyether polyols are manufactured through the catalytic addition reaction of cyclic ether or epoxides. Ethene oxides, propene oxides, and butene oxides are preferred in the manufacture of polyether polyols. The initiators used in the manufacturing process include amines, glycols, sucrose, water, and polyols.
Polyurethanes (PU) constitute the largest application of polyether polyols. Polyurethane is one of the most widely used polymers in the world, finding applications in almost all modern industries. These are primarily made by the reaction of diisocyanates with polyols and other chemicals. Owing to their large-scale use in manufacturing polyurethanes, polyether polyols are high volume products. Growth in the polyurethane market is driven by many factors such as growing end-use segments, increasing environment sustainability needs, unique physical properties of PU, and improved standards of living. This is expected to advance the global polyether polyols market.
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Asia-Pacific and Europe dominate the polyurethane market and together accounted for a large share of the global polyurethane demand. North America and Western Europe are mature markets and are expected to grow at a sluggish rate. However, Asia-Pacific, Eastern Europe, and South America are expected to drive the demand for polyurethanes, and thus polyether polyols, in the coming decade as end-use industries such as construction, automotive, and electronics are still developing and expecting robust growth.
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The Asia-Pacific region is largest and fastest-growing market for polyols as this region is the largest consumer of polyurethane. The Asia-Pacific region accounts for more than one-third of the world demand. Most of the growth here is being fueled by rising investments in infrastructure development and construction projects in China and India.
The global polyether polyols market is segmented on the basis of applications and geography. Electro active polymers, polyurethane flexible foam, polyurethane rigid foam, and polyurethane CASE are the major applications covered in the report. The regions included in the report are Asia-Pacific, Americas, Europe, and Rest of the World.
Related Reports :
Oceania Region Bio-Based Polyols Market
Oceania Region Bio-Based Polyols Market was valued at $4.6 billion in 2013 and is expected to grow at the CAGR of 12.9% to reach $8.5 billion in 2018.
The countries covered in the Oceania report are the Australia and New Zeal-and. The segmentation by application includes polyurethane foams (flexible & rigid) and CASE. Further, as a part of qualitative analysis, the research report provides a comprehensive review of important drivers, restraints, opportunities, and key issues in the G&B polyol market.
http://www.micromarketmonitor.com/market/oceania-region-bio-based-polyols-8227950762.html
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