The global Polycarbonate Diols market gathered revenue around USD 207 Million in 2020 and market is set to grow USD 399 Million by the end of 2027 and is estimated to expand at a modest CAGR of 6% during the prediction period 2021 to 2027. Polycarbonate diols are resistant to oxidation, wear, and stains; they also provide resistance to hydrolysis in polyurethane products as compared to polyester polyols and polyether. Solid polycarbonate diols provide high strength, excellent mechanical properties, efficient performance, and high thermal stability when used at low temperature. The demand for polycarbonate is increasing across the globe primarily due to the rise in the demand for synthetic leather. Solid polycarbonates are also employed in various applications in diverse sectors such as waterborne paints & coatings in textiles, furniture, and automotive. The liquid form of polycarbonate diols is made from traditional polyols, which consist of a hydrophilic group. As a result, the water resistant property of the material is adversely affected. Polycarbonate is added to improve the hydrolysis resistance of polyurethane materials. Consequently, polycarbonate diols can be used effectively in the production of waterborne polyurethane materials.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Polycarbonate Diols market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Polycarbonate Diols market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Polycarbonate Diols market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Key Challenges of Polycarbonate Diols Market
Dearth of universal directives pertaining to applications of polycarbonate diols is estimated to hamper the polycarbonate diols market in the near future. Every country has different directives and legislations pertaining to the use of polycarbonate diols. Companies find it difficult to comply with these country-wise directives and legislations. This can discourage investment in the polycarbonate diols market, thereby restraining the global market.
Polycarbonate diols are used for various applications such as manufacture of synthetic leather, paints & coatings, adhesives & sealants, and elastomers. They have high strength and provide resistance against water, fire, temperature, and corrosion. However, polycarbonate diols contain bisphenol, which is an ecologically harmful compound that causes severe health effects on the prostate glands and brain of infants. Furthermore, bisphenol hampers the normal hormone levels in human beings and is also responsible for causing cancer.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Significant Market Participants Operational in the Polycarbonate Diols Market are:
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global Polycarbonate Diols Market: Segmentation
Polycarbonate Diols Market, by Molecular Weight
Polycarbonate Diols Market, by Form
Polycarbonate Diols Market, by Application
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Polycarbonate Diols market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Polycarbonate Diols market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Polycarbonate Diols markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
The study objectives of this report are: