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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, rigi...