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Recently, Persistence Market Research released the latest market research report, titled “Polyester Polyol Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025.” Polyol is a liquid, mainly composed of a large number of hydroxyl compounds, and can be divided into polyether and polyester polyols.
Earlier, polyester polyols were used in the production of soft and rigid foams. In 1957, multifunctional polyester polyols began to be used in the production of polyurethane foam system materials. Although the improvement rate of polyether rigid foam is slower than that of polyether soft foam, a series of important progress has been made in this field, and polyether rigid foam currently dominates the polyurethane rigid foam market.
To meet the growing needs of consumers and vertical industries, polyester polyol manufacturers are committed to Expand production and its product portfolio. This helps expand each manufacturer’s customer base and consolidate its market position. For example, in July 2016, Stepan Company expanded its polyester polyol department in Brzeg Dolny, Poland, by adding a new reactor.
The expansion will help the company’s coatings, adhesives, sealants and elastomers business further expand achieve growth. Other companies in this market include Purinova LLC, Saudi Arabian Oil Company, Imuli Oleochemicals, Huntsman Corporation, Myriant Corporation and Helios Group, among others.
The report states that the global polyester polyol market is expected to grow at a CAGR of 2017 to 2027 The growth rate will reach 5.3%. In 2017, the market size was US$7.789 billion and is expected to increase to US$11.964 billion by 2025.
The increased application in the leather and footwear market indicates good development prospects
Polyurethane elastomer extracted from polyester polyol is used in the manufacture of soles and various other footwear products of the best materials. This is because polyurethane elastomers are strong and durable and meet the core requirements of footwear products.
At the same time, polyester polyol is cheap and its professional application capabilities make it a soft material for footwear. Ideal material for material applications.
In addition, polyester polyols are also suitable for the production of translucent thermoplastic elastomers. In addition, polyester polyols have higher thermal stability compared to polyether polyols, making them suitable for many industrial applications.
In addition, current polyester polyol manufacturers have been working hard to use environmentally friendly raw materials. For example, biosuccinic acid is used to produce polyester polyols to significantly reduce environmental impact.
This further reduces punitive discounts at lower costs and promotes polyester polyol production Businesses are expanding production capacity to cater to growing consumer demand.
In addition, this will also help reduce dependence on petroleum raw materials, which are highly vulnerable to crude oil prices The impact of fluctuations.
Adverse chemical and physical properties that affect promotion and application
Polyester polyols will reduce their molecular weight in high temperature and humid environments and react with acids and alcohols react. Acid end groups are inevitable products of the polyester polymerization process and can catalyze this destruction process. These acid end groups also act as efficient chain scissors to degrade the connections in the polyurethane network.
In addition, polyester polyurethane has weak resistance to hydrolysis. Polyester polyols are also hygroscopic and, to some extent, toxic. These unfavorable characteristics hinder the application of polyester polyols in various industries to a certain extent, thereby reducing its market growth rate.
() Deeply cultivated in Segmented industry of polyurethane raw materials – amine catalysts; research, development and compound production of various types of amine catalysts; main products: Solid amine | Delayed amine catalyst A300 | Delayed amine catalyst A400 | Amine catalyst SMP | N, N-II Methylbenzylamine BDMA|Odorless amine catalyst DPA, etc., suitable for end products such as sponge, molding, high resilience, self-crusting, PU toys and various hard and semi-hard foams.
