Asia-Pacific Polyether Polyols Market is Expected to Grow at a CAGR of 8.5% by 2019

Asia-Pacific Polyether Polyols Market is Expected to Grow at a CAGR of 8.5% by 2019

Polyether polyols market is dominated by China, mainly owing to the huge demand of these chemicals, especially from the construction and infrastructure industries. Considerable amount of investments are made by various market players to serve the end-user applications. In 2014, China consumed nearly 65% of polyether polyols, in terms of volume, and this figure is further expected to rise in the future. The flexible foams application segment dominates the APAC polyether polyols market contributing a market share of 50% in 2013.

The market growth of the Asia-Pacific polyether polyol market is expected to progress at a rapid pace. Growth observed among end-user industries of this market has proven to be a major driving factor in the influencing the overall demand of polyether polyols. Polyether polyol materials are extensively utilized in varied applications, such as coatings, flexible foams, rigid foams, and elastomers. Increasing demand for flexible foam due to the rise in construction activity and automotive production are significant factors driving the polyether polyols market.

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This study aims to estimate the APAC polyether polyol market for 2014, and to project its demand by 2020. This market research study provides a detailed qualitative and quantitative analysis of the APAC polyether polyol market. Various secondary sources such as encyclopedia, directories, industry journals, and databases are referred to identify and collect information useful for this extensive commercial study of the polyether polyol market. The primary sources include interviews of industry related experts and suppliers to obtain and verify critical information, as well as to assess the future prospects of the polyether polyol market.

Competitive scenarios of the top players in the polyether polyol market have been discussed in detail. Major polyether polyol manufacturers are Expanded Polymer Systems Pvt. Ltd. (India), Manali Petrochemicals Ltd. (India), Cargill Incorporated (U.S.), Bayer Material Science Ag (Germany), Royal Dutch Shell Plc (Hague), and Dow Chemical Company(U.S.) among others.

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