Market Overview:
The Asia Pacific polyols market is currently witnessing moderate growth. Polyols refer to a group of organic compounds that consists of different hydroxyl groups. Also known as sugar alcohols, polyols contain a cluster of versatile carbohydrates with fewer calories than table sugar. Polyols are used in the food and beverage industry for manufacturing sugar-free and low-calorie products such as candies, chewing gums, ice creams, yogurt, and fruit spreads. They are also extensively used in consumer products like throat lozenges, breath mints, toothpaste, and mouthwash. They help improve the shelf-life and stability of the product by preventing crystallization and retaining moisture.
The Asia Pacific polyols market is primarily driven by the rising incidences of heart diseases, cancer and diabetes due to obesity and overweight issues. This has created increased awareness among consumers regarding their calorie intake. Consequently, the demand for polyols has escalated across the globe. Apart from this, polyols find applications in diverse industries. In the chemical industry, they are used in the production of sealants, elastomers, and adhesives. On the other hand, there has been a growing demand for polyols in the construction and automotive industry for manufacturing polyurethane foams. Flexible polyurethane foams, a polyol derivative, are used to make seating, headrests, arms rest, and heating and ventilating headliners. Besides this, the increasing need for insulation in low-income households to conserve energy efficiently has increased the demand for polyols in countries like China and India. China is also a major producer and consumer of polyols due to the availability of cheaper raw material and high vitamin C manufacturing capability. Furthermore, the development of bio-based polyols derived from renewable raw materials is also significantly impacting the market. Looking forward, the market is expected to witness steady growth during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific polyols market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, application and industry.
Breakup by Type:
- Polyether Polyols
- Polyester Polyols
Breakup by Application:
- Flexible Polyurethane Foams
- Rigid Polyurethane Foams
- CASE (Coatings, Adhesives, Sealants & Elastomers)
- Others
Breakup by Industry:
- Carpet Backing
- Packaging
- Furniture
- Automotive
- Building & Construction
- Electronics
- Footwear
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the Asia Pacific polyols market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Asia Pacific polyols market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Asia Pacific polyols market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Asia Pacific Polyols Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Polyether Polyols
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Polyester Polyols
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Flexible Polyurethane Foams
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Rigid Polyurethane Foams
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 CASE (Coatings, Adhesives, Sealants & Elastomers)
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Industry
8.1 Carpet Backing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Packaging
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Furniture
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Automotive
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Building & Construction
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Electronics
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Footwear
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast
9 Market Breakup by Country
9.1 China
9.1.1 Market Trends
9.1.2 Market Breakup by Type
9.1.3 Market Breakup by Application
9.1.4 Market Breakup by Industry
9.1.5 Market Forecast
9.2 Japan
9.2.1 Market Trends
9.2.2 Market Breakup by Type
9.2.3 Market Breakup by Application
9.2.4 Market Breakup by Industry
9.2.5 Market Forecast
9.3 India
9.3.1 Market Trends
9.3.2 Market Breakup by Type
9.3.3 Market Breakup by Application
9.3.4 Market Breakup by Industry
9.3.5 Market Forecast
9.4 South Korea
9.4.1 Market Trends
9.4.2 Market Breakup by Type
9.4.3 Market Breakup by Application
9.4.4 Market Breakup by Industry
9.4.5 Market Forecast
9.5 Australia
9.5.1 Market Trends
9.5.2 Market Breakup by Type
9.5.3 Market Breakup by Application
9.5.4 Market Breakup by Industry
9.5.5 Market Forecast
9.6 Indonesia
9.6.1 Market Trends
9.6.2 Market Breakup by Type
9.6.3 Market Breakup by Application
9.6.4 Market Breakup by Industry
9.6.5 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Breakup by Type
9.7.3 Market Breakup by Application
9.7.4 Market Breakup by Industry
9.7.5 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Policy and Regulatory Landscape
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
List of Figures
Figure 1: Asia Pacific: Polyols Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Polyols Market: Sales Value (in Million US$), 2015 - 2020
Figure 3: Asia Pacific: Polyols Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Asia Pacific: Polyols Market: Breakup by Type (in %), 2020
Figure 5: Asia Pacific: Polyols Market: Breakup by Application (in %), 2020
Figure 6: Asia Pacific: Polyols Market: Breakup by Industry (in %), 2020
Figure 7: Asia Pacific: Polyols Market: Breakup by Country (in %), 2020
Figure 8: Asia Pacific: Polyols (Polyether Polyols) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Asia Pacific: Polyols (Polyether Polyols) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Asia Pacific: Polyols (Polyester Polyols) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Asia Pacific: Polyols (Polyester Polyols) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Asia Pacific: Polyols (Flexible Polyurethane Foams) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Asia Pacific: Polyols (Flexible Polyurethane Foams) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Asia Pacific: Polyols (Rigid Polyurethane Foams) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Asia Pacific: Polyols (Rigid Polyurethane Foams) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Asia Pacific: Polyols (CASE) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Asia Pacific: Polyols (CASE) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Asia Pacific: Polyols (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Asia Pacific: Polyols (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Asia Pacific: Polyols (Carpet Backing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Asia Pacific: Polyols (Carpet Backing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Asia Pacific: Polyols (Packaging) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Asia Pacific: Polyols (Packaging) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Asia Pacific: Polyols (Furniture) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Asia Pacific: Polyols (Furniture) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Asia Pacific: Polyols (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Asia Pacific: Polyols (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Asia Pacific: Polyols (Building & Construction) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Asia Pacific: Polyols (Building & Construction) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Asia Pacific: Polyols (Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia Pacific: Polyols (Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Asia Pacific: Polyols (Footwear) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Asia Pacific: Polyols (Footwear) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Asia Pacific: Polyols (Other Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Asia Pacific: Polyols (Other Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: China: Polyols Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: China: Polyols Market: Breakup by Type (in %), 2020
Figure 38: China: Polyols Market: Breakup by Application (in %), 2020
Figure 39: China: Polyols Market: Breakup by Industry (in %), 2020
Figure 40: China: Polyols Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Japan: Polyols Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Japan: Polyols Market: Breakup by Type (in %), 2020
Figure 43: Japan: Polyols Market: Breakup by Application (in %), 2020
Figure 44: Japan: Polyols Market: Breakup by Industry (in %), 2020
Figure 45: Japan: Polyols Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: India: Polyols Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: India: Polyols Market: Breakup by Type (in %), 2020
Figure 48: India: Polyols Market: Breakup by Application (in %), 2020
Figure 49: India: Polyols Market: Breakup by Industry (in %), 2020
Figure 50: India: Polyols Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: South Korea: Polyols Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: South Korea: Polyols Market: Breakup by Type (in %), 2020
Figure 53: South Korea: Polyols Market: Breakup by Application (in %), 2020
Figure 54: South Korea: Polyols Market: Breakup by Industry (in %), 2020
Figure 55: South Korea: Polyols Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Australia: Polyols Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Australia: Polyols Market: Breakup by Type (in %), 2020
Figure 58: Australia: Polyols Market: Breakup by Application (in %), 2020
Figure 59: Australia: Polyols Market: Breakup by Industry (in %), 2020
Figure 60: Australia: Polyols Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Indonesia: Polyols Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Indonesia: Polyols Market: Breakup by Type (in %), 2020
Figure 63: Indonesia: Polyols Market: Breakup by Application (in %), 2020
Figure 64: Indonesia: Polyols Market: Breakup by Industry (in %), 2020
Figure 65: Indonesia: Polyols Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Polyols Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Polyols Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Asia Pacific: Polyols Industry: SWOT Analysis
Figure 69: Asia Pacific: Polyols Industry: Value Chain Analysis
Figure 70: Asia Pacific: Polyols Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Asia Pacific: Polyols Market: Key Industry Highlights, 2020 and 2026
Table 2: Asia Pacific: Polyols Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Asia Pacific: Polyols Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Asia Pacific: Polyols Market Forecast: Breakup by Industry (in Million US$), 2021-2026
Table 5: Asia Pacific: Polyols Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 6: Asia Pacific: Polyols Market: Competitive Structure
Table 7: Asia Pacific: Polyols Market: Key Players