Polycarbonate diols (PCD) are premium polyester polyols which are mainly used as a polyol component for the principal raw materials in polyurethane. It easily reacts with isocyanate compounds (e.g. MDI, TDI, IPDI, H12MDI) and generates polymers with superior characteristics. In comparison with traditional polyurethanes that are based on polyester and polyether, PCD-based polyurethanes offer many advantages including excellent heat resistance, hydrolysis resistance, oil resistance, and weather resistance.
Polycarbonate Diols Market Outlook
- The growth of the global polycarbonate diols market is forecasted to be propelled by the increasing demand for data storage devices, and other types of consumer electronics
- Apart from covering greenhouses, the polycarbonate diols could invite other vital applications in the construction and building sector, such as the construction of dome lights and curved or flat glazing systems
- Cockpit canopies and automotive headlights also require polycarbonate diols, owing to their high-impact resistance and lightweight properties
- As a result, vendors in the world polycarbonate diols market are expected to cash in on the growing demand from the aerospace and automotive sector
Polycarbonate Diols Market COVID-19 Impact
- The global pandemic of Coronavirus (COVID-19) has triggered stock market instability, tight border controls, and worldwide lockdown, leading the chemical industry, as well as large companies and governments, to restock supply chains
- The whole world is experiencing severe impact on social and financial sectors, and all global industries are facing challenges during the COVID-19 pandemic
- Rising support from governments and several companies can help in the fight against this highly contagious disease
- There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic
Polycarbonate Diols Market Segmental Highlights
- The report analyses the global polycarbonate diols industry based on form, molecular weight, application and geography
- Various forms included in the report are liquid and solid. Whereas, different molecular weight considered in the market are classified as below 1,000, 1,000 to 2,000 and 2,000 & above
- These polycarbonate diols are used in different applications consisting adhesives & sealants, elastomers, paints & coatings, synthetic leather and other
Polycarbonate Diols Market by Geography
By geography, the global polycarbonate diols market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world. The steady growth of the end-use industries and manufacturing sector is propelling the demand of polycarbonate diol in Asia-Pacific region. Additionally, China and India would grow the fastest in this region as a result of a huge automotive manufacturing, increasingly favorable regulatory environment and the low cost of production & lenient regulation. Other regions such as Europe and countries such as the U.S. could also considerably contribute toward the growth of the global polycarbonate diols market while riding on their flourishing aerospace & automotive industry.
Polycarbonate Diols Market Key Players
The key competitors of this market include UBE Industries, Ltd. (Japan), Asahi Kasei Corporation (Japan), Covestro AG (Germany), Cromogenia Units S. A (Spain), Daicel Corporation (Japan), Kuraray Co., Ltd. (Japan), Mitsubishi Chemical Holdings Corporation (Japan), Caffaro Industrie Spa (Italy), Perstorp Group (Sweden), Saudi Arabian Oil Company (Saudi Arabia), Sumitomo Bakelite Co., Ltd. (Japan), Tosoh Corporation (Japan). New product launches and business expansions are the key strategies adopted by various key players to ensure their growth in the market. In November 2018, Mitsubishi Chemical’s bio-based polycarbonatediol benebiol was adopted for use in toray’s ultrasuede BX environmentally friendly non-woven material with a suede texture launched by Toray Industries, Inc.
The report analyses the global polycarbonate diols industry based on form, molecular weight, application and geography. Various forms included in the report are liquid and solid. Whereas, different molecular weight considered in the market are classified as below 1,000, 1,000 to 2,000 and 2,000 & above. These polycarbonate diols are used in different applications consisting adhesives & sealants, elastomers, paints & coatings, synthetic leather and other.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe.
Why to buy this report:
- The report offers changing market dynamics in the Polycarbonate Diols market, presenting historical, current and projected market size in terms of value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of Polycarbonate Diols
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the Polycarbonate Diols market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Polycarbonate Diols market
