Polyols Market Size To Hit USD 45.17 Billion By 2025 : Grand View Research Inc.
San Francisco, 25 October 2019: The Report Polyols Market Size, Share & Trends Analysis Report By Product (Polyether, Polyester), By Application (Flexible Foam, Rigid Foam, Coatings, Adhesives & Sealants), And Segment Forecasts, 2018 – 2025 The global polyol market size is expected to reach USD 45.17 billion by 2025 at an 8.5% CAGR during the forecast period, according to a new report by Grand View Research, Inc. There has been a shift in trend from conventional heavy materials such as metals to lightweight, high performance plastics. This has, in turn, driven the use of polyurethane to lower automotive component weight and boost fuel savings. This is likely to have a positive impact on demand for polyols across the globe. Polyols are witnessing an increase in demand owing to their growing application scope in important end-use industries such as automotive, furniture and bedding, building and construction, pharmaceutical, and packaging. Growth of the automotive