As per this study, the global graft polyol market was valued USD 755.9 MN (by revenue) in 2017 and is anticipated to reach USD 1,075.5 MN by 2024 with a CAGR of 5.5%. By volume, the market was estimated at XX.X KT in 2017 and is expected to reach XX.X KT by 2024 with a CAGR of X.X%.



Graft polyols, also known as polymer polyols or filled polyols, is a polymer chain that has finely dispersed styrene-acrylonitrile, acrylonitrile or polyurea polymer solids, which are chemically grafted to a high molecular weight polyether backbone. These chemical compounds are used to enhance the load bearing properties of low-density high resilience foams. Graft polyols also increase the toughness of microcellular foams and cast elastomers. The advantages of polymer polyols account for the availability of various functional polyols, from 2 to 8 groups; the equivalent weight can be changed. It has lowered viscosities as compared to other polyesters. The production cost is also low with respect to other aliphatic polyesters. Lastly, the functionality and equivalent weight can be varied as per the need and requirement. The polyurethanes can be flexible, semi-flexible, and rigid in nature.



Market Dynamics



The furniture industry has remained a major outlet for graft polyols. The revival of the global economy has resulted in increasing demand for furniture for household and as well as commercial premises. Graft polyols based foams are employed in the manufacture of carpets, cushions, furniture seating, mattress, beds, rugs, etc. Graft polyols based foams are mainly employed in the manufacture of automotive seating, and automotive interiors in the automotive sector. Steady growth in the automotive sector is expected to widen demand for graft polyols in various applications. However, volatility in crude oil prices has a considerable impact on raw material prices. This, in turn, hampers the growth of the graft polyols market.



This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of graft polyol.



Market Segmentation



The broad graft polyol market has been sub-grouped into the region. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.



Regional Analysis



Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for graft polyol in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.



Europe Graft Polyol Market By Revenue (USD MN)







The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the graft polyol market includes BASF SE, China Petroleum & Chemical Corporation, Jilin Shenhua Group Co., Ltd., Oltchim S.A., Royal Dutch Shell plc., and The Dow Chemical Company. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.



Major Company Players Market Share







METHODOLOGY:



A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.