North America Polyols Market Size, Share & Trends Analysis Report By Product (Polyether, Polyester), By Application (Rigid & Flexible Foam, Coatings, Elastomers), By Country, And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 95 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The North America polyols market size is projected to reach USD 6.6 billion by 2025, expanding at a CAGR of 5.6%, according to a new report by Grand View Research, Inc. Rising demand for insulation from various end-use industries such as automotive, construction, and home appliances is expected to drive consumption.

The rigid foam application segment accounted for a significant volume share in 2018. The organic compound is used to make rigid foam that offers sound insulation properties, mechanical strength, and thermal resistance. Such rigid foams can survive extreme weather conditions. In addition, it is used to formulate polyurethane adhesives and sealants. Such adhesives and sealants are used in automotive interiors, footwear, construction, and textile lamination applications.

North America is the largest consumer of trim foam, accounting for over 50% of the global market share. The rise in usage of bio-based and green polyols in manufacturing of trim foams is expected to play a major role in driving future consumption. With the green revolution and companies switching to environmentally friendly alternatives, manufacturers have also been investing in the development of bio-based and natural oil-based polyols. The trade tensions between China and U.S. have altered the scenario of polyols in North America and manufacturers have been focusing on production capacity expansions to cater to the growing product demand.

The U.S. is the largest consumer of the product owing to rising demand for polyurethane systems in the construction and automotive industries. The furniture and bedding industry, which is a major consumer of PU foam, has been growing steadily owing to a positive uptick in the housing sector. The implementation of stringent green building regulations, with an enhanced focus on materials, is expected to positively impact the market. The demand for green and bio-based polyols is expected to grow rapidly over the forecast period.

Further Key Findings from the Report Suggest:

• Flexible foam will emerge as the fastest growing application with a CAGR of 5.1% in terms of volume during the forecast period. This is owing to rising usage of PU insulation for energy conservation in buildings, refrigerators, water heaters, and automobiles

• The coatings application accounted for 11.0% of the market volume in 2018. Coatings are widely utilized in hardwood, construction, and automotive applications to improve surface appearance and durability

• Polyester polyols are expected to witness a volume-based CAGR of 4.6% over the forecast period due to rising application in the insulation industry

• Mexico is anticipated to exhibit a CAGR of 7.4%, in terms of revenue, owing to rising use of the product in the plastic and automobile industries in the country

• Key participants in the North America polyols market include Vertellus Specialties, Inc.; Stepan Company; Invista B.V; Mitsui Chemicals, Inc.; DowDuPont Inc.; and BASF SE.

 Table of Contents

Chapter 1 Methodology and Scope
                    1.1 Research methodology
                    1.2 Research scope and assumptions
                    1.3 List to data sources
Chapter 2 Executive Summary
                    2.1 Market summary
Chapter 3 Market Variables, Trends & Scope
                    3.1 Market lineage outlook
                        3.1.1 North america polyols outlook
                    3.2 Penetration & growth prospect mapping, 2014 - 2025
                    3.3 Industry value chain analysis
                        3.3.1 Raw material trends
                        3.3.2 Manufacturing trends
                        3.3.3 Sales channel analysis
                        3.3.4 Price trend analysis, 2014 - 2025
                        3.3.5 Profit margin analysis
                        3.3.6 Analysis of sales logistics
                            3.3.6.1 U.S.
                            3.3.6.2 Canada
                            3.3.6.3 Mexico
                        3.3.7 Cost of logistics
                    3.4 Technology overview
                    3.5 Regulatory framework
                        3.5.1 Product classification codes
                        3.5.2 Standard and compliances
                        3.5.3 Safety
                    3.6 Market dynamics
                        3.6.1 Market DRIVER
                            3.6.1.1 Increasing demand in polyurethane and PU applications
                            3.6.1.2 High demand for building insulation owing to the sustainability concerns
                        3.6.2 Market restraint analysis
                            3.6.2.1 Growing environmental concerns
                            3.6.2.2 Major air emission in producing 1 kg polyols
                        3.6.3 Industry challenges
                    3.7 Supply demand analysis
                    3.8 Trade analysis
                        3.8.1 Trade balance
                        3.8.2 Import & export statistics, 2012 - 2017
                            3.8.2.1 Import statistics
                            3.8.2.2 Export statistics
                    3.9 Business environment analysis
                        3.9.1 Industry analysis - Porter's
                            3.9.1.1 Supplier power
                            3.9.1.2 Buyer power
                            3.9.1.3 Threat of substitutes
                            3.9.1.4 Threat of new entrants
                            3.9.1.5 Industry rivalry
                        3.9.2 PESTEL analysis
Chapter 4 Polyols Product Outlook
                    4.1 Product market introduction, 2018 & 2025
                    4.2 Product market estimates & forecasts, 2018 & 2025
                        4.2.1 Polyether polyols
                            4.2.1.1 Polyether polyols market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                        4.2.2 Polyester polyols
                            4.2.2.1 Polyester polyols market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
Chapter 5 Polyols Application Outlook
                    5.1 Application market introduction
                    5.2 Application market estimates & forecasts, 2018 & 2025
                        5.2.1 Rigid foam
                            5.2.1.1 Polyols market estimates & forecasts in rigid foam, 2014 - 2025 (Kilotons) (USD Million)
                        5.2.2 Flexible foam
                            5.2.2.1 Polyols market estimates & forecasts in flexible foam, 2014 - 2025 (Kilotons) (USD Million)
                        5.2.3 Coatings
                            5.2.3.1 Polyols market estimates & forecasts in coatings, 2014 - 2025 (Kilotons) (USD Million)
                        5.2.4 Adhesives & sealants
                            5.2.4.1 Polyols market estimates & forecasts in adhesives & sealants, 2014 - 2025 (Kilotons) (USD Million)
                        5.2.5 Elastomers
                            5.2.5.1 Polyols market estimates & forecasts in elastomers, 2014 - 2025 (Kilotons) (USD Million)
                        5.2.6 Others
                            5.2.6.1 Polyols market estimates & forecasts in other applications, 2014 - 2025 (Kilotons) (USD Million)
Chapter 6 Polyols Country Outlook
                    6.1 Country market introduction, 2018 & 2025
                    6.2 North America polyols market estimates & forecast, by country, 2014 - 2025 (Kilotons) (USD Million)
                        6.2.1 Market volume & revenue, by product
                        6.2.2 Market volume & revenue, by application
                        6.2.3 U.S.
                            6.2.3.1 Market volume & revenue, by product
                            6.2.3.2 Market volume & revenue, by application
                            6.2.3.3 Market volume & revenue, by U.S. regions
                                6.2.3.3.1 West
                                    6.2.3.3.1.1 U.S. West market volume & revenue, by product
                                    6.2.3.3.1.2 U.S. West market volume & revenue, by application
                                6.2.3.3.2 Midwest
                                    6.2.3.3.2.1 U.S. Midwest market volume & revenue, by product
                                    6.2.3.3.2.2 U.S. Midwest market volume & revenue, by application
                                6.2.3.3.3 North East
                                    6.2.3.3.3.1 U.S. North East market volume & revenue, by product
                                    6.2.3.3.3.2 U.S. North East market volume & revenue, by application
                                6.2.3.3.4 South
                                    6.2.3.3.4.1 U.S. South market volume & revenue, by product
                                    6.2.3.3.4.2 U.S. South market volume & revenue, by application
                        6.2.4 Canada
                            6.2.4.1 Market volume & revenue, by product
                            6.2.4.2 Market volume & revenue, by application
                        6.2.5 Mexico
                            6.2.5.1 Market volume & revenue, by product
                            6.2.5.2 Market volume & revenue, by application
Chapter 7 Competitive Landscape
                    7.1 Key global players & recent developments
                    7.2 Key company/competition categorization
                    7.3 Vendor landscape
                        7.3.1 List of public companies
                        7.3.2 List of private companies
                        7.3.3 List of key distributors & channel partners
                        7.3.4 Key customers
                        7.3.5 North America key company market share analysis, 2018
                    7.4 Public companies
                        7.4.1 Comapany market position analysis
                        7.4.2 Competitive dashboard analysis
                            7.4.2.1 Market differentiators
                            7.4.2.2 Synergy analysis
                    7.5 Private companies
                        7.5.1 Comapany market position analysis
                        7.5.2 Supplier ranking
Chapter 8 Company Profiles
                    8.1 Covestro AG
                        8.1.1 Company introduction
                        8.1.2 General information
                        8.1.3 Key financial data
                        8.1.4 Product portfolio
                        8.1.5 Key developments
                    8.2 BASF SE
                        8.2.1 Company introduction
                        8.2.2 General information
                        8.2.3 Key financial data
                        8.2.4 Product portfolio
                        8.2.5 Key developments
                    8.3 DowDuPont Inc.
                        8.3.1 Company introduction
                        8.3.2 General information
                        8.3.3 Key financial data
                        8.3.4 Product portfolio
                        8.3.5 Key developments
                    8.4 Huntsman International Llc
                        8.4.1 Company introduction
                        8.4.2 General information
                        8.4.3 Key financial data
                        8.4.4 Product portfolio
                        8.4.5 Key developments
                    8.5 Lanxess AG
                        8.5.1 Company introduction
                        8.5.2 General information
                        8.5.3 Key financial data
                        8.5.4 Product portfolio
                        8.5.5 Key developments
                    8.6 Mitsui Chemicals, Inc.
                        8.6.1 Company introduction
                        8.6.2 General information
                        8.6.3 Key financial data
                        8.6.4 Product portfolio
                        8.6.5 Key developments
                    8.7 COIM
                        8.7.1 Company introduction
                        8.7.2 General information
                        8.7.3 Key financial data
                        8.7.4 Product portfolio
                    8.8 Tosoh
                        8.8.1 Company introduction
                        8.8.2 General information
                        8.8.3 Key financial data
                        8.8.4 Product portfolio
                    8.9 PCC SE
                        8.9.1 Company introduction
                        8.9.2 General information
                        8.9.3 Key financial data
                        8.9.4 Product portfolio
                    8.10 Perstorp Holding AB
                        8.10.1 Company introduction
                        8.10.2 General information
                        8.10.3 Key financial data
                        8.10.4 Product portfolio
                        8.10.5 Key developments
                    8.11 Emery Oleochemicals
                        8.11.1 Company introduction
                        8.11.2 General information
                        8.11.3 Key financial data
                        8.11.4 Product portfolio
                        8.11.5 Key developments
                    8.12 Invista B.V.
                        8.12.1 Company introduction
                        8.12.2 General information
                        8.12.3 Product portfolio
                        8.12.4 Key developments
                    8.13 Royal Dutch Shell Plc
                        8.13.1 Company introduction
                        8.13.2 General information
                        8.13.3 Key financial data
                        8.13.4 Product portfolio
                    8.14 Stepan Company
                        8.14.1 Company introduction
                        8.14.2 General information
                        8.14.3 Key financial data
                        8.14.4 Product portfolio
                        8.14.5 Key developments
                    8.15 Vertellus Specialties, Inc.
                        8.15.1 Company introduction
                        8.15.2 General information
                        8.15.3 Product portfolio
                        8.15.4 Key developments
                    8.16 Yantai Wanhua
                        8.16.1 Company introduction
                        8.16.2 General information
                        8.16.3 Key financial data
                        8.16.4 Product portfolio
                        8.16.5 Key developments
                    8.17 Oleon
                        8.17.1 Company introduction
                        8.17.2 General information
                        8.17.3 Product portfolio
                    8.18 Repsol, S.A.
                        8.18.1 Company introduction
                        8.18.2 General information
                        8.18.3 Key financial data
                        8.18.4 Product portfolio
                        8.18.5 Key developments
                    8.19 Agc Chemicals Americas, Inc.
                        8.19.1 Company introduction
                        8.19.2 General information
                        8.19.3 Key financial data
                        8.19.4 Product portfolio

List of Tables

Table 1 Import & export statistics, 2014 - 2017 (Kilotons) as per HS Code 390720
Table 2 Import statistics for major countries, 2012 - 2017 (Kilotons)
Table 3 Export statistics for major countries, 2012 - 2017 (Kilotons)
Table 4 PESTEL analysis
Table 5 Polyether polyols volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 6 Polyester polyols volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 7 Polyols market volume & revenue, in rigid foam, 2014 - 2025 (Kilotons) (USD Million)
Table 8 Polyols market volume & revenue, in flexible foam, 2014 - 2025 (Kilotons) (USD Million)
Table 9 Polyols market volume & revenue, in coatings, 2014 - 2025 (Kilotons) (USD Million)
Table 10 Polyols market volume & revenue, in adhesives & sealants, 2014 - 2025 (Kilotons) (USD Million)
Table 11 Polyols market volume & revenue, in elastomers, 2014 - 2025 (Kilotons) (USD Million)
Table 12 Polyols market volume & revenue, in other applications, 2014 - 2025 (Kilotons) (USD Million)
Table 13 North America polyols market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 14 North America polyols market volume, by product, 2014 - 2025 (Kilotons)
Table 15 North America polyols market revenue, by product, 2014 - 2025 (USD Million)
Table 16 North America polyols market volume, by application, 2014 - 2025 (Kilotons)
Table 17 North America polyols market revenue, by application, 2014 - 2025 (USD Million)
Table 18 U.S. polyols market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 19 U.S. polyols market volume, by product, 2014 - 2025 (Kilotons)
Table 20 U.S. polyols market revenue, by product, 2014 - 2025 (USD Million)
Table 21 U.S. polyols market volume, by application, 2014 - 2025 (Kilotons)
Table 22 U.S. polyols market revenue, by application, 2014 - 2025 (USD Million)
Table 23 U.S. polyols market volume & revenue, in West, 2014 - 2025 (Kilotons) (USD Million)
Table 24 U.S. West polyols market volume, by product, 2014 - 2025 (Kilotons)
Table 25 U.S. West polyols market revenue, by product, 2014 - 2025 (USD Million)
Table 26 U.S. West polyols market volume, by application, 2014 - 2025 (Kilotons)
Table 27 U.S. West polyols market revenue, by application, 2014 - 2025 (USD Million)
Table 28 U.S. polyols market volume & revenue, in Midwest, 2014 - 2025 (Kilotons) (USD Million)
Table 29 U.S. Midwest polyols market volume, by product, 2014 - 2025 (Kilotons)
Table 30 U.S. Midwest polyols market revenue, by product, 2014 - 2025 (USD Million)
Table 31 U.S. Midwest polyols market volume, by application, 2014 - 2025 (Kilotons)
Table 32 U.S. Midwest polyols market revenue, by application, 2014 - 2025 (USD Million)
Table 33 U.S. polyols market volume & revenue, in North East, 2014 - 2025 (Kilotons) (USD Million)
Table 34 U.S. North East polyols market volume, by product, 2014 - 2025 (Kilotons)
Table 35 U.S. North East polyols market revenue, by product, 2014 - 2025 (USD Million)
Table 36 U.S. North East polyols market volume, by application, 2014 - 2025 (Kilotons)
Table 37 U.S. North East polyols market revenue, by application, 2014 - 2025 (USD Million)
Table 38 U.S. polyols market volume & revenue, in South, 2014 - 2025 (Kilotons) (USD Million)
Table 39 U.S. South polyols market volume, by product, 2014 - 2025 (Kilotons)
Table 40 U.S. South polyols market revenue, by product, 2014 - 2025 (USD Million)
Table 41 U.S. South polyols market volume, by application, 2014 - 2025 (Kilotons)
Table 42 U.S. South polyols market revenue, by application, 2014 - 2025 (USD Million)
Table 43 Canada polyols market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 44 Canada polyols market volume, by product, 2014 - 2025 (Kilotons)
Table 45 Canada polyols market revenue, by product, 2014 - 2025 (USD Million)
Table 46 Canada polyols market volume, by application, 2014 - 2025 (Kilotons)
Table 47 Canada polyols market revenue, by application, 2014 - 2025 (USD Million)
Table 48 Mexico polyols market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 49 Mexico polyols market volume, by product, 2014 - 2025 (Kilotons)
Table 50 Mexico polyols market revenue, by product, 2014 - 2025 (USD Million)
Table 51 Mexico polyols market volume, by application, 2014 - 2025 (Kilotons)
Table 52 Mexico polyols market revenue, by application, 2014 - 2025 (USD Million)
Table 53 North America polyols public companies heat map analysis
Table 54 North America polyols private companies heat map analysis

List of Figures

Fig. 1 Market snapshot, 2018 (Kilotons)
Fig. 2 North America polyols market segmentation
Fig. 3 North America polyols market volume & revenue (Kilotons) (USD Million)
Fig. 4 North America polyols value chain analysis
Fig. 5 U.S. crude oil first purchase price (USD/Barrel)
Fig. 6 Price trend analysis, 2014 - 2025 (USD/Ton)
Fig. 7 Polyols cost structure analysis (%)
Fig. 8 North America chemical industry revenue vs. Freight railroad revenue, 2010 - 2017 (USD Billion)
Fig. 9 North America chemicals railroad transportation congestions, by U.S. regions, 2017 vs. 2020 (%)
Fig. 10 North America chemicals transportation by port congestions, in U.S. regions, 2017 vs. 2020 (%)
Fig. 11 North America polyols market drivers
Fig. 12 Automotive vehicle production, 2010-2018
Fig. 13 United States annual value of construction put in place (USD Million), 2008-2018
Fig. 14 U.S. green apartment statistics, 2010 to 2018
Fig. 15 North America polyols market restraint
Fig. 16 Global carbon emission levels, 2010-2018 (billion metric tons)
Fig. 17 Global polyether polyols production capacity, by Prominent Manufacturers
Fig. 18 North America polyols market - Porter's analysis
Fig. 19 North America polyols market revenue, by product, 2018 & 2025 (Kilotons)
Fig. 20 North America polyols market volume, by application, 2018 & 2025 (Kilotons)
Fig. 21 North America polyols market volume, by country, 2018 & 2025 (Kilotons)
Fig. 22 North America polyols key competition categorization, 2018 (%)
Fig. 23 North America polyols company market share analysis, 2018 (%)
Fig. 24 North America polyols competitive dashboard
Fig. 25 Synergy analysis: Major deals & strategic alliances