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Polycarbonate Diol Market will reach 220 million US$ in 2023
Press release from: Global Info Research
New report published by Global Info Research which offers insights on the global Polycarbonate Diol market.
Polycarbonate diol (PCD) is a kind of polyol chemical materials, with two ends -OH functional group molecular, and molecular weight ranges from hundreds to thousands. Its molecular chain contains aliphatic alkyl and carbonate repeat unit, chemical property resembles aliphatic polyester and polyether polyol rather than general polycarbonate materials. Polycarbonate diol usually used for the synthesis of urethane resin, acrylic resin, polyester resin and other materials. It can also be used as polyurethane-based coating formulations synthetic leather, inside decorative material of the car, smart phone, computer and other products, providing an extreme durability and a high performance to the final polymer.
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Global Polycarbonate Diol Market: Forecast by Type / Application / Region
Polycarbonate diol is an intermediate used in high-performance polyurethanes (PUs). It is increasingly well-known and used for a wide range of polyurethane coatings, adhesives and elastomers. Globally, the polycarbonate diol market is mainly driven by growing demand for polyurethane elastomers, which accounts for nearly 42.63% of total downstream consumption of polycarbonate diol in global.
Due to technical barriers, the polycarbonate diol industry has a rather high dispersion. Around 76% of the market share is covered by the four leading player named UBE Chemical, TOSOH, Bayer and AsahiKASEI. Ube Industries set up polycarbonate diol facility in Thailand that started production in 2015 and AsahiKASEI built polycarbonate diol plant in China which it markets as Duranol in 2013.
The worldwide market for Polycarbonate Diol is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 220 million US$ in 2023, from 170 million US$ in 2017, according to a new GIR (Global Info Research) study.
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United States Polycarbonate Diol Market 2018 Forecast to 2023
Europe Polycarbonate Diol Market 2018 Forecast to 2023
North America Polycarbonate Diol Market 2018 Forecast to 2023
Asia-Pacific Polycarbonate Diol Market 2018 Forecast to 2023
China Polycarbonate Diol Market 2018 Forecast to 2023
EMEA Polycarbonate Diol Market 2018 Forecast to 2023
Global Polycarbonate Diol Market 2018 Forecast to 2023
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