India Polyols Market Share, Size, Growth and Report Forecast 2022-2027
Polyols, also called sugar alcohols, are organic compounds made of multiple functional hydroxyl groups. They contain reduced-calorie carbohydrates that give them the taste and texture of table sugar with less calorie intake. As a result, polyols are widely utilized in the food and beverages industry as artificial sweeteners to produce sugar-free products, such as candies, chewing gum, baked goods, ice cream, fruit spreads, etc. Besides this, they have wide-ranging applications across several industries, such as automotive, packaging, furniture, automotive, electronics, construction, etc.
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India Polyols Market Trends:
The escalating demand for various derivatives of polyols, such as flexible polyurethane foams, coatings, elastomers, etc., is primarily driving the market for polyols in India. Furthermore, the growing automotive industry is propelling the demand for these products for manufacturing interior parts of automobiles. Besides this, the expanding construction industry driven by the rising population and housing requirements has increased the consumption of polyol-based building materials, such as exterior panels, insulation protective components, housing electronics, etc. Apart from this, the introduction of bio-based polyols derived from renewable raw materials is expected to positively impact the India polyols market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India polyols market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type, application and industry.
Breakup by Type:
Breakup by Application:
Flexible Polyurethane Foams
Rigid Polyurethane Foams
CASE (Coatings, Adhesives, Sealants & Elastomers)
Breakup by Industry:
Building & Construction
Breakup by Region:
West and Central India
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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