Polyols Market is predicted to reach USD 38.6 billion at a CAGR of 8% during the forecast period

Pune, India, September, 2023 /press release/- Market Research Future Published a Half Cooked Research Report on Global Polyols Market Research Report.

Market Research Future (MRFR) has published a cooked research report on the “Global Polyols Market” that contains information from 2023 to 2030. The Global Polyols Market is estimated to register a CAGR of 8% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global Polyols Market— BASF SE, Covestro AG, Royal Dutch Shell Plc, The Dow Chemical Company, Mitsui Chemicals, Wanhua Chemical Group, LANXESS AG, Huntsman Corporation, Stepan Company, and Repsol SA.

Market Highlights

Global Polyols Market is accounted to register a CAGR of 8% during the forecast period and is estimated to reach USD 38.6 Billion by 2030.

Polyols, also recognized as polyhydric alcohols or sugar alcohols, constitute a notable class of organic compounds distinguished by their possession of multiple hydroxyl (OH) functional groups. Originating from sugars or starches, they undergo a transformative chemical process called hydrogenation. These compounds are highly valued for their multifaceted attributes and wide-ranging applications. One of their significant applications lies in the realm of nutrition, where they find use as sugar substitutes in a diverse array of food and beverage products. This stems from their innate ability to confer sweetness without provoking rapid spikes in blood sugar levels, thus catering to dietary needs and preferences. In parallel, the polyols sector significantly impacts the world of materials science and engineering. Notably, they play a pivotal role in the formulation and fabrication of polyurethane foams, resins, and other polymers.

Segment Analysis

The Global Polyols Market has been segmented based on Product, and Application.

Based on Product, the market is segmented into Polyether and polyester. The prevalence of Polyether in the Polyols market is attributed to its exceptional flexibility, chemical resistance, and compatibility with various filtration processes.

Based on Application, the market is segmented into Flexible Foam, Rigid Foam, Coatings, Adhesives & Sealants. The Flexible Foam category prevails in the market owing to its versatile applications in cushioning, insulation, and comfort-driven industries.

Regional Analysis

The Global Polyols Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Polyols Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Polyols Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Polyols Market comprises of Middle East, Africa, and Latin America.

The polyols market is prominently led by the Asia-Pacific region, capturing more than 50% of the global market share. The surge in this market within the region is ascribed to swift industrialization, economic expansion, and a rising need for polyurethane goods. Notably, China and India emerge as pivotal markets in this area, closely followed by Japan and South Korea.

Meanwhile, the North American polyols market is anticipated to exhibit moderate growth, driven by the escalating demand for energy-efficient and eco-friendly materials in the construction sector. Predominantly, the United States commands the polyols market in North America, trailed by Canada and Mexico.

In Europe, the polyols market thrives due to the escalating requirement for polyurethane products in the automotive and construction domains. Germany establishes itself as the leading polyols market in Europe, with France, the United Kingdom, and Italy following suit.

Key Findings of the Study

• The Global Polyols Market is expected to reach USD 38.6 Billion by 2030, at a CAGR of 8% during the forecast period.


• The Asia-Pacific region takes a prominent lead in the polyols market, commanding over 50% of the worldwide market share. This dominance in the region can be attributed to rapid industrialization, robust economic growth, and an increasing demand for polyurethane products. Noteworthy markets within this region include China and India, which play pivotal roles, closely pursued by Japan and South Korea.


• Based on the Product, the Market has been segmented into Polyether holding the largest market in 2023.


• BASF SE, Covestro AG, Royal Dutch Shell Plc, The Dow Chemical Company, Mitsui Chemicals, Wanhua Chemical Group, LANXESS AG, Huntsman Corporation, Stepan Company, and Repsol SA.

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