Global Graft Polyols Market
The Global Graft Polyols Market was valued US$ X.03 Bn and is expected to reach X.2 Bn by 2027, at a CAGR of X.10% during a forecast period.
Global Graft Polyols Market
Market Definition:
Graft polyols is a non-reactive polymer polyol, contain 20% solids substance with 3500 average, molecular weight of base polyol; used in the manufacturing of rigid and flexible slab stock foam. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. The global graft polyols market was valued US$ X.03 Bn and is expected to reach X.2 Bn by 2027, at a CAGR of X.10% during a forecast period. From developing economics China has documented world’s largest coloured polyurethane foam manufacturing region, approximately 40-45% of market share in the year 2019 was registered by china market. Globally, present manufacturing companies in the market is also expected to enlarge polyurethane production size over the forecast period in order to maximize its overall revenues. Synthetic resins and plastics price polyols polyether foam product in the market is roughly, US$ 3.70-4.50/kg. Around, 200,000 tons of alkyd resins are produced each year.
Market Influencers:
A mounting requirement for the construction of residential building, healthcare sector, and institutional buildings will contribute to the growth in market size over 2027.The growth of the graft polyols market is driven by the factors like development in construction projects are demanding efficient foams for furniture, packaging and interiors will boost the market growth. Properties like durability, firmness and flexibility. Furthermore, PU foams have thermosetting characteristics which is attracting the vendors to invest in the market. Rise trendy application of graft polymers for automotive accessories like car matters, dash board, power, belt and many more with customization is the another factor to drive the market during forecast period. Graft polyols is widely accepted by electronics appliances, interior construction, furniture, packaging, owing to the result of clear liquid, low viscosity and functional characteristics of product will boost the market demand and size in coming years.
Furthermore, fluctuation in the cost of raw materials and availability of active ingredients is expected to hamper the growth of the global graft polyols market.
Graft Polyols Market Segment analysis:
By Application segment, flexible PU foams sector is expected to show constant growth during estimated year. Flexible PU foams are broadly utilised in various applications in the construction, automotive and electronics industries, as they help automobile producers helps to solve problems related to the fuel efficiency, vibration, weight and durability of automobiles. Additionally, used in bedding and upholstery, print rollers, fabric coatings, and footwear midsoles. Amongst above mentioned industries, automobile segment is expected to remain the dominant sector since its ruling the overall flexible PU, as it allows to produce seating that can be easily assembled, disassembled and recycled with high performance specifications over a wide range of firmness with light weight. Arm rests, head rests, cushioned instrument panels and other parts of car’s interior are all made with polyurethane foams which is boosting the market growth and expected to show constant growth with XX% CAGR. The flexible PU foam market have register its value approximately US$ XX Bn and expected to grow by healthy value in coming years.
The future of flexible PU foam includes, mattresses, whether as support cores, FPF cushioning, or in the form of memory foam. Results of materials research for polyurethane indicate that at some point all or mostly plant-based FPF will replace a good percentage of petroleum-based FPF. The growth is depending development upon combination of materials development, consumer demand, relative cost and regulation.
Graft Polyols Market Regional Analysis:
Geographically, North America is expected to dominate the graft polyols market and is expected to grow at CAGR of XX % during the forecast period. Developed regions like U.S, and Canada are considered major contributors for the graft polyols market growth in the North America region. In 2019 market size was valued US$ XX Bn in while in U.S, market size was valued XX Bn and expected to increase by US$ XX Bn in coming years.
On the other hand, in terms of developing economies Asia Pacific region is expected to hold the second place in term of growth graph; owing to the result of growing construction and automobile facility adaptation amongst the population is on another level because of growing economy and demand of luxurious life from the population is expected to boost the market growth in coming years. Unfortunately, as Asia Pacific have been witnessing a pandemic outbreak will strongly pull the economic growth, as being quarantine is necessary to fight with covid- 19.
The objective of the report is to present a comprehensive analysis of the Global Graft Polyols Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Graft Polyols Market dynamics, structure by analysing the market segments and project the Global Graft Polyols Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Graft Polyols Market make the report investor’s guide.
Scope of Graft Polyols Market
Global Graft Polyols market, By Type
• Pluracol 1365
• Pluracol 4600
• Pluracol 4815
• Pluracol 4830
• Pluracol 4800
Global Graft Polyols market, By Application
• Flexible PU Foams
• Rigid PU Foams
• CASE
• Others
Global Graft Polyols Market, By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Graft Polyols Market,
• Shanghai Huide Science & Techn
• Shenzhen LS Tape Products Co
• Yantai Fushun Pu Products Co
• Xuchuan Chemical (Suzhou) Co
• Shandong Hightop Machinery Co
• Zhongshan BASD Chemical Tech
• Suzhou Junyue New Material Tech
• Jinan Jinghua Bangwei Polyurethane
• Shandong Hightop Machinery Co
• Langfang Huayu Innovation & Tech
• Luoyang Ruichuang Electrical
• Jilin Shenhua Group Co., Ltd.
• Naman Enterprises
• The Dow Chemical
• Technomak
• BASF SE
• Sinopec
• Oltchim
• Shell
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