Polyols Market Predicted to Surpass US$ 34.4 billion by 2024- Exclusive Report by MarketsandMarkets™
Verfasser: ashwani_kailiya on Thursday, 24 March 2022The report "Polyols Market by type (Polyether Polyols and Polyester Polyols), Application (Flexible Polyurethane Foam, Rigid Polyurethane Foam, CASE), and Region (APAC, Europe, North America, South America and Middle East & Africa) - Global Forecast to 2024" The polyols market size is projected to grow from USD 26.2 billion in 2019 to USD 34.4 billion by 2024, at a CAGR of 5.6% during the forecast period. This growth is attributed to the increasing consumption of polyurethane foam in the expanding construction and automotive industries of developing economies, globally. Also, growing refrigerator and freezer manufacturing in the APAC region is expected to drive the polyols market.
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Polyether polyols segment is estimated to dominate the overall market.