NEW YORK, Nov. 15, 2021 /PRNewswire/ -- The polyester polyol market is expected to grow by USD 2.24 bn at a CAGR of over 5% from 2019 to 2024, according to the latest research report from Technavio. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The polyester polyol market is segmented by type (aliphatic polyester polyol and aromatic polyester polyol) and geography (APAC, Europe, North America, MEA, and South America).
The report on the polyester polyol market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The market is driven by the demand from the automotive and construction industries.
The polyester polyol market covers the following areas:
APAC was the largest geographic segment of the polyester polyol market in 2019, and the region will offer several growth opportunities to market vendors. According to Technavio, APAC will account for 61% of the growth of the market during the forecast period. China, the US, Japan, and South Korea (Republic of Korea) are the key countries for the polyester polyol market in APAC. The growth of the market in APAC is expected to be faster than the growth of the market in other regions. The market in the region will be driven by factors such as the increasing number of residential, non-residential, and public infrastructure projects, especially in India, China, Malaysia, and other developing countries.
Biopolymers and Bioplastic Market: The biopolymers and bioplastic market has been segmented by end-user (packaging, consumer goods, and others), type (bio-PE, bio-PET, PLA, biodegradable starch blends, and others), and geography (Europe, APAC, North America, South America, and MEA). Download Free Sample Report
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Polyester Polyol Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of over 5%
Market growth 2020-2024
USD 2.24 billion
YoY growth (%)
APAC, Europe, North America, MEA, and South America
Performing market contribution
APAC at 61%
Key consumer countries
China, US, Germany, Japan, and South Korea (Republic of Korea)
Leading companies, competitive strategies, consumer engagement scope
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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