The global demand for Polycarbonate Diols Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2020-2026.
Polycarbonate diol (PCD) is a type of the polyol chemical material. It has two ends of the -OH molecular functional group. The molecular weight of PCD ranges from hundreds to thousands and its molecular chain has aliphatic alkyl and carbonate repeat units. The chemical property of PCD resembles the properties of aliphatic polyester and polyether polyol. Polycarbonate diol is generally used in the process of synthesizing urethane resin, acrylic resin, polyester resin and other such materials. It is also used in the form of polyurethane-based coating formulations, synthetic leather, inside decorative material of the car, smart phones, computer and other such products to provide extreme durability and a superior performance to the final polymer.
Polycarbonate diol (PCD) is an intermediary used in high-performance polyurethanes (PUs). It is used for a wide range of polyurethane coatings, adhesives and elastomers. The global polycarbonate diol market is mainly driven by the growth in demand for polyurethane elastomers which account for over 40% of the total consumption of polycarbonate diol worldwide.
Market Dynamics
The driving force behind the market growth is rising demand for synthetic leather and water-based polyurethane system. In addition to this, growing demand for high performance PU product in automotive industry is further anticipated to drive the demand. Growth in sales of electronic product is likely to propel the demand. However, presence of ecologically harmful compound in the product is the factor that could hamper the growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each form, application and molecular weight segment in the global market of polycarbonate diols.
Market Segmentation
The entire polycarbonate diols market has been sub-categorized into form, application and molecular weight. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Form
By Application
- Synthetic Leather
- Paints & Coatings
- Adhesives & Sealants
- Elastomers
- Others
By Molecular Weight
- < 1,000
- 1,000 & Below 2,000
- 2,000 & Above
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for polycarbonate diols market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Polycarbonate Diols Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the polycarbonate diols market include Ube Industries Ltd., Mitsubishi Chemical Corporation, Asahi Kasei Corporation, Covestro Ag, Tosoh Corporation, Daicel Corporation, Perstorp Group, Saudi Arabian Oil Co., GRR Fine Chem Pvt. Ltd., and Chemwill Asia Co. Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.