The Polyol market is projected to grow at a CAGR of 7.5% to reach USD 41 billion by 2026 from 25 billion in 2020 increasing consumption in end-user industries such as construction and automotive has significantly contributed to the growth of this market. Growth of the construction industry in the residential sector, primarily in the Asia Pacific, in order to meet the demand for housing from a rapidly growing population, has led to the demand for building components where polyols are used such as exterior panels, insulation, and protective materials.
The research report analyses the ecosystem of Polyol and categorizes the Polyol Market to forecast the revenues and analyze the trends in each of the following below-mentioned market segments.
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By Type
- Polyether Polyols
- Polyester Polyols
By Application
- Flexible Polyurethane Foam
- Rigid Polyurethane Foam
- Adhesives & Sealants
- Elastomers
- Coatings
- Others
By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Norway
- Italy
- Spain
- Netherlands
- Rest Of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- New Zealand
- Rest Of Asia Pacific
- South America
- ROW
Unique Insights Provided by Polyol Market Report also Includes the Following:
- In-depth value chain analysis
- Opportunity mapping
- Sector snapshot
- Technology landscape
- Regulatory scenario
- Patent trends
- Market trends
- Covid-19 impact analysis
- Raw material supply analysis
- Pricing trends
- Sustainability trends and environmental concerns
- Critical Success Factors
- Competitive Landscape
- Customer preferences
In terms of product type, the Polyether Polyols segment is estimated to be the largest segment during the forecast period:
In terms of application, the global Polyol market can be segregated into Polyether Polyols and Polyester Polyols. The Polyether Polyols segment of the Polyol market is projected to be the largest, as it is the critical raw material for manufacturing polyurethane foams which are used in different applications in the construction and automotive industries. Polyurethane foams are majorly used in manufacturing furniture, carpets, vehicle's interior, car seats, and others. They are majorly used in making rigid polyurethane foams. These polyols are responsible for rebound properties, wear and tear resistance, and hydrolytic stability of rigid polyurethane foams.
By Application, the Flexible Foam is expected to be the largest segment:
Both polyether and polyester polyol can be used to make flexible foam. Flexible foam is the largest application segment of the polyols market and accounting for a volume share of over 30.0%.
Flexible foams are widely utilized as cushioning material for furniture, bedding and mattresses, seating, and other soft products in several end-use industries such as furniture and mattress, automotive, handbag and luggage, footwear and textile, home appliances, engineering, and packaging. Elastomers have emerged as the fastest-growing application segment over the forecast period.
Asia-Pacific is expected to be the fastest-growing segment in the forecast period:
The Asia Pacific accounted for the largest share of the Polyol market. It is also the fastest-growing segment. The region is also projected to witness a higher product demand in the coming years on account of increasing consumption in end-user industries. Key Polyol markets in Asia- Pacific include China, Japan, India, South Korea, Thailand, and Indonesia.
The report also provides an in-depth analysis of Polyol Market Dynamics such as drivers, restraints opportunities and challenges:
Polyol Market Drivers:
- Polyol market is growing on account of increasing demand from Automotive and Construction Industries
- Growth in refrigeration and freezer market in Asia Pacific which has in turn created a deand for polyol in this region
Polyol Market Restraints:
- Environmental Regulations for Manufacturing of Polyurethane Foams
Polyol Market Opportunities:
- Increasing Demand for Bio-Based Polyols
- Opportunities for Polycarbonate diols which are premium polyester polyols
Polyol Market Challenges:
- Fluctuating Polyol raw material Prices
Company Profiles and Competitive Intelligence Covered in Polyol Market Report are:
The key players operating in the market are: BASF SE, Covestro AG, Royal Dutch Shell Plc, The Dow Chemical Company, Mitsui Chemicals, Wanhua Chemicals Group, LANXESS AG, Huntsman Corporation, Stepan Company, Repsol SA, Kuraray
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
This report studies the global market size of Robotic Surgery Systems in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Robotic Surgery Systems in these regions.
This report also studies the global Robotic Surgery Systems market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
Market size by End User
Rest of Central & South America
The study objectives of this report are:
To study and analyze the global Robotic Surgery Systems market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
Latest Research Report on “Sports Medicine Products Market” Added by Analytical Research Cognizance which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), & Consumption Analysis
This report studies the global market size of Sports Medicine Products Market in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Sports Medicine Products in these regions.
This report also studies the global Sports Medicine Products market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by End User
