Ubiquity of Polyurethane Systems to Sustain Global Opportunities for Polymeric Polyols
Favorable prospects for polyurethane consumption in automotive, construction, and home furnishing markets, and expanding application base of bio-based polyols are poised to drive the global market for Polymeric Polyols to reach 39.6 billion pounds (lbs) by 2024 . Polymeric polyols are alcohols containing multiple hydroxyl groups, and are commonly classified into two types - Polyester polyols and Polyether polyols. The rapid evolution of the polyols industry has been spearheaded by its expansion to newer applications and its success in keeping pace with the changing consumer and end-user demand. One of the key end-use applications of polyols is in the production of polyurethanes that are extensively used in the production of flexible, molded, rigid, and semi-rigid foams. that are extensively used in the production of flexible, molded, rigid, and semi-rigid foams. These polyurethane foams find extensive application in the construction, automotive, and refrigeration, among other industr...