The report “The APAC Polyether Polyols market –Forecasts to 2020” is expected to progress, owing to the growing demand of these chemicals from end-user applications in this region and is expected to reach a value $8,745.5 Million by 2019, estimated to grow at a CAGR of 8.5% between 2014 and 2020.
Browse through the TOC of “The APAC Polyether Polyols market” for an analysis of industry trends and segments, with the help of various tables and figures.
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A polyol is an alcohol containing multiple hydroxyl groups. Polymeric polyols are usually polyether or polyesters. Polyether polyols are made by reacting epoxides, such as 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 APAC polyether polyols market is projected to reach a value of $8,745.5 million by 2020, at a CAGR of 8.5% from 2014 to 2020, mainly due to the flexible foam application segment that is majorly used by end-users such as bedding, furniture, carpets interlay, and car interiors among others. Low cost, easy to handle, and improved hydrolytic stability are the major factors influencing the overall consumption of polyether polyols in comparison to polyester polyols in the polyols market.
Most polyether polyols are manufactured for the preparation of soft or rigid polyurethanes with different applications. Other uses vary from synthetic lubricants to surface active agents. Polyether polyols are majorly used in polyurethane foams. Flexible foams are largely used in cushioning applications, such as furniture, bedding and car seats, and carpet underlay, while rigid foam is mainly preferred by the construction industry, wherein it is used for insulation. Rigid foam is also used in commercial refrigeration and packaging. Smaller uses for polyether polyols include elastomers, adhesives and sealants, surface coatings, and polyurethane fibers.
The report on the APAC polyether polyols market has been segmented on the basis of application and geography. Major applications of polyether polyols include flexible foams, rigid foams, and others (adhesives, elastomers & sealants). On the basis of geography, this market is classified into varied countries, such as China, South Korea, Japan, India, and rest of Asia.
The report includes market share and value chain analysis, along with market metrics such as drivers and restraints. In addition, it also presents a competitive landscape and company profiles of key players in this market.
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