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Aromatic Polyester Polyols Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 227 Pages
  • June 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 5978925
Description Jump to:
The report on the global Aromatic Polyester Polyols market provides detailed insights into market trends, volume and value forecasts, market dynamics, competition, and recent developments for the study period. This comprehensive analysis covers the period from the past to the near future, highlighting the market's steady growth trajectory.

Introduction to Aromatic Polyester Polyols

Aromatic Polyester Polyols encompass a range of polymer products known by their company brands rather than specific chemical formulas or CAS numbers. These polyols are essential for producing polyisocyanurate and polyurethane foams used in various applications, including elastomers, adhesives, spray foams, and construction materials. Commercially, they are based on ethylene glycol and low molecular weight PEGs, polymerized with terephthalic acid, dimethyl terephthalate, recycled PET, and phthalic anhydride.

Market Growth Drivers

The global Aromatic Polyester Polyols market is expected to witness significant growth due to several key factors. The increasing demand for efficient thermal insulation materials is a primary driver. This demand is fueled by stringent building codes for energy-efficient buildings, especially in mature regions. Additionally, the growing population and urbanization in developing countries have boosted the building and construction industry, further driving the demand for innovative insulation materials.

Impact of Automotive Production and Other Industries

Rising automotive production is also contributing to the growth of the Aromatic Polyester Polyols market. The demand from other end-use industries, such as packaging and consumer appliances, is positively impacting market growth. Increased production capacity and a focus on technological innovation are optimistic signs for the market's future. Furthermore, environmental concerns have led some manufacturers to use recycled PET from bottles as a raw material, supporting sustainable practices in the industry.

Regional Insights: North America and China

North America is anticipated to dominate the global Aromatic Polyester Polyols market due to several factors. The U.S. Census Bureau and the Department of Housing and Urban Development report a large number of housing projects in progress, which increases the demand for thermal insulation materials. Additionally, the International Monetary Fund (IMF) estimates significant growth in commercial construction projects in Canada, further driving market demand.

In the latter half of the forecast period, China is expected to surpass Europe in the Aromatic Polyester Polyols market. This shift is due to China's rapid industrialization and urbanization, which are driving significant investments in infrastructure and construction projects. The growing demand for energy-efficient buildings and innovative insulation materials in China will propel market growth.

Competitve Analysis

The global Aromatic Polyester Polyols market is highly consolidated, with a few key players dominating the market. Tier 1 players account for a significant market share. Key strategies employed by these players include expansion, acquisition, joint ventures, and collaborations to sustain and grow in the market.

Key Industry Players:

  • Huntsman Corporation
  • Covestro AG
  • Stepan Company
  • BASF SE
  • Baalbaki Group S.A.
  • DowDuPont Inc.
  • INVISTA
  • Purinova LLC
  • Grupo Synthesia
  • Emery Oleochemicals
  • Coim Group
  • NEO GROUP, UAB
  • Others.


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Table of Contents

1. Executive Summary
1.1. Global Aromatic Polyester Polyols Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Production Output and Trade Statistics, 2018-2024
3.1. Global Aromatic Polyester Polyols, Production Output, by Region, 2018 - 2024
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
4. Global Aromatic Polyester Polyols Market Outlook, 2018 - 2031
4.1. Global Aromatic Polyester Polyols Market Outlook, by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. PET
4.1.1.2. Pthalic Anhydride
4.2. Global Aromatic Polyester Polyols Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Rigid foam
4.2.1.1.1. Panels & Boards
4.2.1.1.2. Pipe in Pipe Insulation
4.2.1.1.3. Refrigeration
4.2.1.2. Spray foam
4.2.1.3. Flexible foam
4.2.1.4. Coatings
4.2.1.5. Adhesives & Sealants
4.2.1.6. Elastomers
4.3. Global Aromatic Polyester Polyols Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. Automotive
4.3.1.2. Packaging
4.3.1.3. Consumer Appliances
4.4. Global Aromatic Polyester Polyols Market Outlook, by Region, Volume (Tons) and Value (US$ Bn), 2018 - 2031
4.4.1. Key Highlights
4.4.1.1. North America
4.4.1.2. Europe
4.4.1.3. Asia Pacific
4.4.1.4. Latin America
4.4.1.5. Middle East & Africa
5. North America Aromatic Polyester Polyols Market Outlook, 2018 - 2031
5.1. North America Aromatic Polyester Polyols Market Outlook, by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. PET
5.1.1.2. Pthalic Anhydride
5.2. North America Aromatic Polyester Polyols Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Rigid foam
5.2.1.1.1. Panels & Boards
5.2.1.1.2. Pipe in Pipe Insulation
5.2.1.1.3. Refrigeration
5.2.1.2. Spray foam
5.2.1.3. Flexible foam
5.2.1.4. Coatings
5.2.1.5. Adhesives & Sealants
5.2.1.6. Elastomers
5.3. North America Aromatic Polyester Polyols Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Automotive
5.3.1.2. Packaging
5.3.1.3. Consumer Appliances
5.4. North America Aromatic Polyester Polyols Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.4.1. Key Highlights
5.4.1.1. U.S. Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.4.1.2. U.S. Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.4.1.3. U.S. Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.4.1.4. Canada Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.4.1.5. Canada Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.4.1.6. Canada Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Aromatic Polyester Polyols Market Outlook, 2018 - 2031
6.1. Europe Aromatic Polyester Polyols Market Outlook, by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. PET
6.1.1.2. Pthalic Anhydride
6.2. Europe Aromatic Polyester Polyols Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Rigid foam
6.2.1.1.1. Panels & Boards
6.2.1.1.2. Pipe in Pipe Insulation
6.2.1.1.3. Refrigeration
6.2.1.2. Spray foam
6.2.1.3. Flexible foam
6.2.1.4. Coatings
6.2.1.5. Adhesives & Sealants
6.2.1.6. Elastomers
6.3. Europe Aromatic Polyester Polyols Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. Automotive
6.3.1.2. Packaging
6.3.1.3. Consumer Appliances
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Europe Aromatic Polyester Polyols Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1. Key Highlights
6.4.1.1. Germany Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.2. Germany Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.3. Germany Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.4. U.K. Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.5. U.K. Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.6. U.K. Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.7. France Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.8. France Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.9. France Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.10. Italy Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.11. Italy Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.12. Italy Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.13. Turkey Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.14. Turkey Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.15. Turkey Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.16. Russia Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.17. Russia Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.18. Russia Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.19. Rest of Europe Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.20. Rest of Europe Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.1.21. Rest of Europe Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Aromatic Polyester Polyols Market Outlook, 2018 - 2031
7.1. Asia Pacific Aromatic Polyester Polyols Market Outlook, by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. PET
7.1.1.2. Pthalic Anhydride
7.2. Asia Pacific Aromatic Polyester Polyols Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.2.1. Key Highlights
7.2.1.1. Rigid foam
7.2.1.1.1. Panels & Boards
7.2.1.1.2. Pipe in Pipe Insulation
7.2.1.1.3. Refrigeration
7.2.1.2. Spray foam
7.2.1.3. Flexible foam
7.2.1.4. Coatings
7.2.1.5. Adhesives & Sealants
7.2.1.6. Elastomers
7.3. Asia Pacific Aromatic Polyester Polyols Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Automotive
7.3.1.2. Packaging
7.3.1.3. Consumer Appliances
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Asia Pacific Aromatic Polyester Polyols Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1. Key Highlights
7.4.1.1. China Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.2. China Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.3. China Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.4. Japan Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.5. Japan Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.6. Japan Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.7. South Korea Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.8. South Korea Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.9. South Korea Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.10. India Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.11. India Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.12. India Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.13. Southeast Asia Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.14. Southeast Asia Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.15. Southeast Asia Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.16. Rest of Asia Pacific Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.17. Rest of Asia Pacific Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.1.18. Rest of Asia Pacific Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Aromatic Polyester Polyols Market Outlook, 2018 - 2031
8.1. Latin America Aromatic Polyester Polyols Market Outlook, by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. PET
8.1.1.2. Pthalic Anhydride
8.2. Latin America Aromatic Polyester Polyols Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.2.1.1. Rigid foam
8.2.1.1.1. Panels & Boards
8.2.1.1.2. Pipe in Pipe Insulation
8.2.1.1.3. Refrigeration
8.2.1.2. Spray foam
8.2.1.3. Flexible foam
8.2.1.4. Coatings
8.2.1.5. Adhesives & Sealants
8.2.1.6. Elastomers
8.3. Latin America Aromatic Polyester Polyols Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. Automotive
8.3.1.2. Packaging
8.3.1.3. Consumer Appliances
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Latin America Aromatic Polyester Polyols Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1. Key Highlights
8.4.1.1. Brazil Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.2. Brazil Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.3. Brazil Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.4. Mexico Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.5. Mexico Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.6. Mexico Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.7. Argentina Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.8. Argentina Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.9. Argentina Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.10. Rest of Latin America Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.11. Rest of Latin America Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.1.12. Rest of Latin America Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Aromatic Polyester Polyols Market Outlook, 2018 - 2031
9.1. Middle East & Africa Aromatic Polyester Polyols Market Outlook, by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.1.1. Key Highlights
9.1.1.1. PET
9.1.1.2. Pthalic Anhydride
9.2. Middle East & Africa Aromatic Polyester Polyols Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.2.1. Key Highlights
9.2.1.1. Rigid foam
9.2.1.1.1. Panels & Boards
9.2.1.1.2. Pipe in Pipe Insulation
9.2.1.1.3. Refrigeration
9.2.1.2. Spray foam
9.2.1.3. Flexible foam
9.2.1.4. Coatings
9.2.1.5. Adhesives & Sealants
9.2.1.6. Elastomers
9.3. Middle East & Africa Aromatic Polyester Polyols Market Outlook, by End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1. Key Highlights
9.3.1.1. Automotive
9.3.1.2. Packaging
9.3.1.3. Consumer Appliances
9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Middle East & Africa Aromatic Polyester Polyols Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1. Key Highlights
9.4.1.1. GCC Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.2. GCC Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.3. GCC Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.4. South Africa Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.5. South Africa Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.6. South Africa Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.7. Egypt Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.8. Egypt Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.9. Egypt Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.10. Nigeria Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.11. Nigeria Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.12. Nigeria Aromatic Polyester Polyols Market End Use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.13. Rest of Middle East & Africa Aromatic Polyester Polyols Market by Production Process, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.1.14. Rest of Middle East & Africa Aromatic Polyester Polyols Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.4.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. End Use Industry vs Application Heatmap
10.2. Manufacturer vs Application Heatmap
10.3. Company Market Share Analysis, 2024
10.4. Competitive Dashboard
10.5. Company Profiles
10.5.1. Huntsman Corporation
10.5.1.1. Company Overview
10.5.1.2. Product Portfolio
10.5.1.3. Financial Overview
10.5.1.4. Business Strategies and Development
10.5.2. Covestro AG
10.5.3. Stepan Company
10.5.4. BASF SE
10.5.5. Baalbaki Group S.A.
10.5.6. DowDuPont Inc.
10.5.7. INVISTA
10.5.8. Purinova LLC
10.5.9. Grupo Synthesia
10.5.10. Emery Oleochemicals
10.5.11. Coim Group
10.5.12. NEO GROUP, UAB
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Huntsman Corporation
  • Covestro AG
  • Stepan Company
  • BASF SE
  • Baalbaki Group S.A.
  • DowDuPont Inc.
  • INVISTA
  • Purinova LLC
  • Grupo Synthesia
  • Emery Oleochemicals
  • Coim Group
  • NEO GROUP, UAB

Methodology

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