Polyester Polyols Market Demand, Growth Factors, Supply, Latest Rising Trend & Forecast to 2017 – 2025

Persistence Market Research (PMR) has published a new report in its report repository. The report is titled, “Polyester Polyols Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025.” Polyol is a liquor, which essentially comprises of substantial number of hydroxyl amalgamates. It is characterized into polyether and polyester polyol. Prior, polyester polyols were utilized in both adaptable and unbending froth plans. In any case, in 1957, polyfunctional polyether polyols were presented for use in urethane based foam systems. Despite the fact that the improvement of inflexible polyether foams was extensively slower than that of the adaptable polyether foams, critical steps have been made in this field, and unbending polyether froths at present rule the inflexible urethane based froth market.

Request to Sample report @ https://www.persistencemarketresearch.com/samples/15085

In order to cater to the growing needs of the consumers and the vertical industries, the manufacturers if polyester polyol are focusing on production expansion along with product portfolio expansion. This will help them not only in expanding their consumer base but also retain their position in the market. For instance, In July 2016, Stepan Company expanded its polyester polyols division in Brzeg Dolny, Poland, with the addition of a new reactor. This expansion would help the company’s growth of C.A.S.E. (Coatings, Adhesives, Sealants and Elastomers) business. The other companies operating in the market are Purinova LLC, Saudi Arabian Oil Co., Emery Oleochemicals, Huntsman Corporation, Myriant Corporation, and Helios Group, among several others.

According to the report, the global polyester polyol is expected to witness a CAGR of 5.3% from 2017 to 2027. The market was valued at US$ 7,788.7 Mn in 2017 and is projected to rise to a valuation of US$ 11,963.6 Mn by the end of 2025.

Request For Methodology@ https://www.persistencemarketresearch.com/methodology/15085

Growing Applications in Leather and Footwear Market to Make Way for Future Prospects

Polyurethane elastomers that are extracted from polyester polyols are highly preferred materials that are used in the manufacturing of shoe soles and different other footwear products. They are a preferred option as they are tough and durable which is a core requirement for footwear items. Polyester polyols are also inexpensive in nature and their specialized application capabilities make them perfect for soft material footwear applications. Besides, polyester polyols are known to create apposite and translucent thermoplastic elastomers. Moreover, polyester polyols also offer greater thermal stability as compared to polyether polyols, which makes them a preferred option in several industrial applications.

Moreover, at present, manufacturers of polyester polyols have been concentrating on using eco-friendly raw materials, for example, bio-succinic acid for the manufacturing of polyester polyols, thereby decreasing the environmental footprint significantly. This, in turn, has been rendering into a reduction in performance penalty at a competitive cost, which has been inspiring polyester polyol producers to expand their production capacity in order to cater to the growing demand from consumers. Moreover, this has also been leading to a reduced dependence on petroleum-based raw materials which are extremely vulnerable to the price fluctuations of crude oil.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/15085

Company Profiles

Stepan Company
Purinova LLC
Saudi Arabian Oil Co.
Grupo Synthesia
Emery Oleochemicals
Huntsman Corporation
Myriant Corporation
Helios Group (Kansai Paint)
Olean
Lanxess AG
Covestro AG
DIC corporation
INVISTA
The DOW chemical company (DoWDuPoint)
BASF SE

About Industrial Automation Domain of Persistencemarketresearch@ https://www.persistencemarketresearch.com/category/industrial-automation.asp

The Industrial Automation team at Persistence Market Research provides expert opinions and incisive inputs about broad array of products used extensively in the manufacturing industry. The team has compiled comprehensive market research reports on gears, valves, bearings, special purpose machinery, and other key segments in this evolving landscape. In addition to offering syndicated market research studies, the team consults clients from all across the globe on their unique, strategic needs. Need help with your next project? Feel free to reach out.

Contact Us
Persistence Market Research
U.S. Sales Office
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
E-mail id- sales@persistencemarketresearch.com
Website: www.persistencemarketresearch.com

About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources.

This release was published on openPR.