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Polyols Market Is Poised to Grow at CAGR Of 7.5% & to Reach $22,402.1 Million By 2017 - New Report by MarketsandMarkets
Date:5/12/2013

are still developing and expecting robust growth. This rising demand for polyurethane across the world is driving demand for polyols.

Polyols market can be segmented in a number of ways. Based on its chemical composition, these can be mainly classified into two types including polyether polyols and polyester polyols. In general, both polyether polyols as well as polyester polyols come in a vast variety of chemical compositions that fit specific applications. Polyols are major feedstock material used in the manufacturing of polyurethane. Polyols market is growing at rapid pace as its use in the manufacturing of polyurethane is indispensible and there is no substitute available for polyols. Apart from polyurethanes, polyols also find significant applications in CASE.

Global polyols market was estimated at $14,400.8 million in 2011 and is expected to reach $22,402.1 million by 2017, growing at a CAGR of 7.5% from 2012 to 2017. Growth in the end-user industry is driving demand for polyols in Asia-Pacific.

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