The report "Polyols Market by type (Polyether Polyols and Polyester Polyols), Application (Flexible Polyurethane Foam, Rigid Polyurethane Foam, CASE), and Region (APAC, Europe, North America, South America and Middle East & Africa) - Global Forecast to 2024" The polyols market size is projected to grow from USD 26.2 billion in 2019 to USD 34.4 billion by 2024, at a CAGR of 5.6% during the forecast period. This growth is attributed to the increasing consumption of polyurethane foam in the expanding construction and automotive industries of developing economies, globally. Also, growing refrigerator and freezer manufacturing in the APAC region is expected to drive the polyols market.
Browse 78 market data Tables and 42 Figures spread through 118 Pages and in-depth TOC on "Polyols Market by type (Polyether Polyols and Polyester Polyols), Application (Flexible Polyurethane Foam, Rigid Polyurethane Foam, CASE), and Region (APAC, Europe, North America, South America and Middle East & Africa) - Global Forecast to 2024"
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The polyether polyols segment is estimated to dominate the overall market.
The increasing demand for flexible polyurethane foams is expected to drive the demand for polyether polyols. Polyether polyols are majorly used to manufacture flexible polyurethane foams, which are further used in applications such as bedding, furniture, carpets, vehicles interior, and seats. The increasing demand for these products from the construction and automotive industries, owing to infrastructural development and increasing commercial & private vehicle, are driving the demand for polyether polyols.
