Polycarbonate Diols Market Value Projected to Expand by 2027

 Stratview Research has launched a new report on the Polycarbonate Diols Market, which is segmented by Product Type, by Application Type, by Material Type, and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

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The Polycarbonate Diols Market is likely to witness an impressive CAGR of 6.7% during the forecast period. The prime factor that is contributing to the demand for Polycarbonate Diols is the increasing demand for Polycarbonate Diols in various industries.

This report on the Polycarbonate Diols Market has been put together covering various companies of the industry from different geographies. The study is a perfect blend of qualitative and quantitative research highlighting vital market developments, challenges and competition that the industry might face, along with opportunities and trends available in the Polycarbonate Diols Market. The report intends to present a thorough analysis of the Polycarbonate Diols Market and provide cutting-edge market intelligence to help decision makers undertake a sound investment evaluation. Besides, the report also classifies and analyses the emerging trends along with major growth drivers.

Polycarbonate Diols Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges act as extrinsic factors affecting the market. The report aims at answering several key questions concerning the overall profitability in the market.

Few key players operating in the Polycarbonate Diols Market are-

Asahi Kasei Corporation

Chemwill Asia Co. Ltd.

Mitsubishi Chemical Corporation

Perstorp Group

Tosoh Corporation

UBE Industries, Ltd.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Polycarbonate Diols Market value and growth drivers over the trend period of 2022-27. According to the report -

Polycarbonate Diols market is likely to witness an impressive CAGR of 5.5% during the forecast period. The major factor that is immensely contributing to the demand for polycarbonate diols is the drastic shift from solvent-based towards water-based polyurethane materials over the past few years. Water-based polyurethane is made up of traditional polyols, which contain hydrophilic group; it directly affects water-based polyurethane. Polycarbonate diols are majorly used in the production of waterborne polyurethane materials, which is likely to drive the market during the forecast period.

Segment Analysis:

Based on Application Type:

Based on the application type, the market is segmented as synthetic leather, paints & coatings, adhesives & sealants, elastomers, and others. The synthetic leather segment is expected to remain the most-dominant as well as fastest-growing market, due to the gradual shift of the market from natural towards synthetic leather. The development of synthetic leather industry is based on various factors, such as supply of raw materials, growing environmental concerns, animal protection, and changes in the consumer demand. This type of polyurethane synthetic leather offers superior physico-chemical properties and is closer to natural leather, which has increased the demand for high-quality functional polyurethane from artificial leather manufacturers across the globe.

Based on Region:

In terms of regions, Asia-Pacific is estimated to be the largest market for polycarbonate diols during the forecast period. The growth of the region’s market is driven by the shifting of manufacturing bases from developed economies to the developing countries, owing to low cost of production and lenient regulation in the Asia-Pacific region. The growth in industrial sector is further driving the demand for polyurethane, which is bolstering the market for polycarbonate diols in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Customization of the Report

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