Polycarbonate diols are polyols derived from polycarbonates, which are polymers composed of repeating carbonate groups. Polycarbonate diols are used in a variety of applications, including coatings, adhesives, sealants, elastomers, polyurethanes, and polyureas. They are also used in the production of polyurethane foams and polyurethane-urea elastomers.
Polycarbonate diols are gaining increasing popularity in the coatings and adhesives industry due to their resistance to high temperatures, UV radiation, and other environmental factors. They also provide superior mechanical properties such as flexibility and toughness. In addition, polycarbonate diols are used in cosmetics, pharmaceuticals, and food applications.
The global polycarbonate diol market is expected to witness significant growth in the coming years due to increasing demand for polycarbonate diols in various industries. Growing demand for lightweight and durable materials in automotive, construction, and aerospace industries is projected to drive the market growth. In addition, increasing demand for advanced polyurethane foams and elastomers in furniture and bedding applications is expected to further boost the market growth. However, the high cost of polycarbonate diols may pose a challenge to the growth of the market.
The global Polycarbonate Diol market was valued at US$ 178.2 million in 2022 and is anticipated to reach US$ 224.3 million by 2029, witnessing a CAGR of 3.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Polycarbonate Diol Market available at: https://www.themarketreports.com/report/global-polycarbonate-diol-market-research-report
This report aims to provide a comprehensive presentation of the global market for Polycarbonate Diol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polycarbonate Diol.
The key players are UBE Chemical, Tosoh, Covestro, Asahi Kasei, Perstorp, Caffaro Industrie, Cromogenia-Units, Kuraray, Jiangsu Chemical Research etc. Top 3 companies occupied about 57% market share.
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