Global Polyols Market Expected to Reach USD 22.49 Billion by 2031
2026-08-10 15:10
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en.Wedoany.com Reported - On August 7, market research firm MarketsandMarkets released its forecast for the global polyols market, with market size expected to grow from USD 17.53 billion in 2026 to USD 22.49 billion by 2031, reflecting a compound annual growth rate (CAGR) of 5.1% during the forecast period. The study uses 2025 as the base year, with the global market size estimated at USD 16.68 billion for that year.

By region, Asia-Pacific accounted for 45.3% of the global polyols market in 2025, ranking first among all regions. By product type, polyether polyols held a share of 73.8%; by application, flexible polyurethane foam accounted for the highest share; and by end-use industry, construction led with a 28.7% share as the largest segment.

Flexible polyurethane foam is primarily used in furniture, mattresses, automotive seating, and packaging products, while rigid polyurethane foam is widely applied in thermal insulation for building walls, roofs, doors and windows, and structural panels. Automotive lightweighting, building energy efficiency, and growing demand from the furniture and packaging industries constitute the main drivers of polyol consumption.

This market assessment covers polyether polyols and polyester polyols, segmented by applications including polyurethane foam, coatings, adhesives, sealants, and elastomers. The study employs industry data analysis, supply chain interviews, upstream and downstream calculations, and cross-validation of data to estimate market value and consumption volume.

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