Global Polyether Polyols Market is Expected to Reach $21,441.0 Million by 2019, at a CAGR of 7.3% from 2014 to 2019

FORT WORTH, Texas, March 6, 2015 /PRNewswire/ --

The global polyether polyols market is expected to reach a value of $21,441.0 million by 2019, estimated to grow at a CAGR of 7.3% from 2014 to 2019.

Browse through the TOC of global polyether polyols market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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A polyol is a kind of alcohol that contains multiple hydroxyl groups. Polymeric polyols are usually polyethers or polyesters. Polyether polyols are made by reacting epoxides like ethylene oxide or propylene oxide with the multifunctional initiator in the presence of a catalyst, often a strong base such as potassium hydroxide or a double metal cyanide catalyst such as zinc hexacyanocobaltate-t-butanol complex.

The polyether polyols is one of the emerging markets. Factors, such as low cost, easy handling, and improved hydrolytic stability fuel the growth of this market. Also, the flexible foam application segment of this market are majorly used by end-users such as bedding, furniture, carpets interlay and car interior and seats and others. This in turn increases the consumption of polyether polyols.

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Most polyether polyols are manufactured for the preparation of soft or rigid polyurethanes with different applications. Polyether polyols are majorly used in polyurethane foams, and this segment generate the maximum revenue in this market. Flexible foams are largely used in cushioning applications, such as furniture, bedding and car seats, and in carpet underlay, while rigid foam's largest consumer is the construction industry where it is mostly used for insulation. It is also used in commercial refrigeration and packaging. Polyether polyols are also used in elastomers, adhesives and sealants, surface coatings, and polyurethane fibers.

The report on the Global polyether polyols market has been segmented on the basis of application andregion. Major applications of polyether polyols include flexible foams, rigid foams and others (adhesives, elastomers & sealants) and the regions covered are the Americas, Europe, Asia-Pacific, and Rest of the World (RoW).

The report also includes market shares and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.

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The Polyether Polyol Market is experiencing enormous growth which is expected to continue in the near future. The market in Asia-Pacific dominates the global polyether polyols market. This is attributed to the factors, such as huge demand for polyols in China especially from the construction industry. Also, there is increase in investments by various market players to serve the end-user applications industry.

http://www.micromarketmonitor.com/market/asia-pacific-polyether-polyols-5774408045.html

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