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The Europe polyols market is currently witnessing moderate growth. Polyols, also known as sugar alcohols, are a group of organic compounds that consist of multiple hydroxyl groups. They are a cluster of versatile carbohydrates with fewer calories, having a similar texture and taste to table sugar. Polyols are used extensively as sugar replacements in sugar-free and low-calorie products, like candies, chewing gums, yogurt, fruit spread, and ice-creams. Polyols are also used to manufacture consumer products, such as toothpaste, mouthwash, lozenges, and breath mints, which prevent tooth decay.
The Europe polyols market is driven by the increasing demand for flexible polyurethane foams, a derivative of polyols. The growing automotive industry has increased the utilization of flexible foams in automobiles for the manufacturing interiors like seating, headrest, armrests, and heating and ventilating headliners. Besides this, polyols are used in pharmaceuticals due to their perceived health benefits. They do not promote tooth decay or cause a sudden increase in blood glucose levels. Apart from this, synthetic polyurethane polyols are used in the mining, construction, electronics, and aerospace industry due to their insulating properties. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe 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.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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