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Global Polyols Market Size, Share, Trends, Forecast: By Type: Polyether Polyols, Polyester Polyols; By Application: Flexible Polyurethane Foam, Rigid Polyurethane Foam, CASE (Coatings, Adhesives, Sealants and Elastomers), Others; By Industry: Carpet Backing, Packaging, Others; Regional Analysis; Competitive Landscape; 2024-2032
Leading Manufacturers of Polyols
The market players are increasing their collaboration and increasing the manufacture of sustainable polyols to gain a competitive edge in the polyols market
BASF SE, founded in 1865 and headquartered in Ludwigshafen, Germany, specialises in chemicals, plastics, performance products, agricultural solutions, and oil and gas.
Royal Dutch Shell Plc, established in 1907 in The Hague, Netherlands, focuses on oil, natural gas, gasoline, diesel, lubricants, and various petrochemicals.
The Dow Chemical Company, founded in 1897 in Michigan, United States, produces polyethylene, polyurethane, silicone, and specialty chemicals.
Wanhua Chemical Group Co., Ltd., established in 1978 in Shandong, China, is known for manufacturing MDI (methylene diphenyl diisocyanate), TDI (toluene diisocyanate), and various polyurethane systems.
Other key players in the polyols market Covestro AG, Huntsman International LLC, Stepan Company, and Repsol S.A., among others.
Polyols Market Report Snapshots
Polyols Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Polyols Market Analysis
8.1 Key Industry Highlights
8.2 Global Polyols Historical Market (2018-2023)
8.3 Global Polyols Market Forecast (2024-2032)
8.4 Global Polyols Market by Type
8.4.1 Polyether Polyols
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Polyester Polyols
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Polyols Market by Application
8.5.1 Flexible Polyurethane Foam
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Rigid Polyurethane Foam
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 CASE (Coatings, Adhesives, Sealants and Elastomers)
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Polyols Market by Industry
8.6.1 Carpet Backing
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Packaging
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Furniture
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Automotive
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Building and Construction
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Electronics
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Footwear
8.6.7.1 Historical Trend (2018-2023)
8.6.7.2 Forecast Trend (2024-2032)
8.6.8 Others
8.7 Global Polyols Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Polyols Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Polyols Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Polyols Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Polyols Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Polyols Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BASF SE
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Royal Dutch Shell Plc
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Covestro AG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 The Dow Chemical Company
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Wanhua Chemical Group Co., Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Huntsman International LLC
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Stepan Company
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Repsol S.A.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Polyols Market: Key Industry Highlights, 2018 and 2032
2. Global Polyols Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Polyols Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Polyols Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Polyols Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Polyols Historical Market: Breakup by Industry (USD Million), 2018-2023
7. Global Polyols Market Forecast: Breakup by Industry (USD Million), 2024-2032
8. Global Polyols Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Polyols Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Polyols Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Polyols Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Polyols Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Polyols Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Polyols Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Polyols Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Polyols Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Polyols Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Polyols Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Polyols Market Forecast: Breakup by Country (USD Million), 2024-2032
20. North America Historical Price Trends and Forecast 2018-2032
21. Europe Historical Price Trends and Forecast 2018-2032
22. Asia Pacific Historical Price Trends and Forecast 2018-2032
23. Latin America Historical Price Trends and Forecast 2018-2032
24. Middle East and Africa Historical Price Trends and Forecast 2018-2032
25. Global Polyols Market Structure
Key Questions Answered in the Report
The global polyols market reached a value of USD 30.88 billion in 2023.
The global polyols market is projected to grow at a CAGR of nearly 6% in the forecast period of 2024-2032.
The global polyols market is estimated to reach a value of about USD 52.34 billion by the year 2032.
The major drivers of the global polyols market include rising disposable incomes, increasing population, rising construction industry, and the growing demand from the automobile sector.
The rising production of bio-based polyols is expected to be a key trend guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with the Asia Pacific accounting for the largest market share.
The major product types in the market include polyether and polyester polyols.
Polyols find wide applications in flexible polyurethane foam, rigid polyurethane foam, and CASE (coatings, adhesives, sealants, and elastomers), among others.
Based on industry, the market is divided into carpet backing, packaging, furniture, automotive, building and construction, electronics, and footwear, among others.
The major players in the market are BASF SE, Royal Dutch Shell Plc, Covestro AG, The Dow Chemical Company, Wanhua Chemical Group Co., Ltd., Huntsman International LLC, Stepan Company, and Repsol S.A., among others.
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