Product
Polyol Price Trend and Forecast
Polyol Price Trend and Forecast
Polyol Regional Price Overview
Get the latest insights on price movement and trend analysis of Polyol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Polyol Price Trend for the Q1 of 2024
During the first quarter of 2024, the trading dynamics in Asian countries significantly impacted polyol prices, particularly as Indonesia, Brazil, and India implemented new trading strategies. These changes, along with Europe's consideration of carbon border adjustment measures and China's focus on carbon capture technologies, influenced market demand and pricing trends for polyol, although these factors did not sustain a price increase. The Chinese New Year and maintenance shutdowns of production facilities also fueled uncertainty among international buyers, as reflected in the subdued inquiry levels.
Polyol Price Chart
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Additionally, geopolitical tensions and changes in maritime routes further dampened export profit margins, presenting a bleak outlook for the polyol market. In Europe, price trends for polyol were inconsistent and affected by various market drivers. The influence of Chinese imports waned due to reduced production over the New Year period. The downstream automotive industry initially showed tepid interest, troubling traders and manufacturers. The North American markets were still slightly positive as the domestic demands sustained the market momentum to a large extent.
Analyst Insight
According to Procurement Resource, polyol prices are likely to waver around similar ranges in the upcoming quarter as well. Not much change is anticipated.
Procurement Resource provides latest prices of Polyol. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About Polyol
Polyol, a type of sugar alcohol, is a versatile compound widely used in the production of polyurethane foams, both flexible and rigid, which are essential for automotive seats, mattresses, and thermal insulation. In the pharmaceutical industry, polyols serve as excipients and sweeteners. They are also prevalent in food products, offering sweetness with lower caloric content than traditional sugars. Additionally, polyols are used in personal care products, adhesives, and surface coatings, valued for their hygroscopic and non-toxic properties.
Polyol Product Details
| Report Features | Details |
| Product Name | Polyol |
| Chemical Formula | (C3H6O)nH2O |
| Industrial Uses | Flexible Foam Production, Rigid Foam Insulation, Pharmaceutical Formulations, Food Industry as Sweeteners, Personal Care Products, Adhesives and Sealants, Surface Coatings |
| Supplier Database | The Dow Chemical Company, BASF SE, Covestro AG, Huntsman Corporation, Shell Chemicals |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Polyol Production Process
- Polyol Production by multifunctional carboxylic acids and polyhydroxyl compounds.
The multifunctional carboxylic acids can be adipic acid, phthalic acid, succinic acid, or maleic acid, and the polyhydroxyl compounds such as ethylene glycol, propylene glycol, or 1,4- butanediol. The manufacturing process of polyol (polyester polyol) involves the condensation reaction of multifunctional carboxylic acids and polyhydroxyl compounds. This condensation reaction is conducted under controlled conditions which proceeds through an esterification reaction that facilitates the formation of polyester chains and the release of water as a byproduct. After which the final product polyol (polyester polyol) is obtained.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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