The increasing demand for rigid and flexible polyurethane in the context of different application areas such as bedding, cushioning, carpets, making of the car seats, and other interiors drive the market. Polyols have application in the automotive industry, owing to the features such as low cost, enhanced hydrolytic stability, and increased demand for polyols.  Specifically, polyols are required in the energy conservation activities for the rigid foams with high insulation properties, within the construction market. Moreover, the increasing pace of industrialization has surged the use of polymers and other components in the loping countries.

Additionally, the use of polyols has been seen in various infrastructure development projects which are supported by government initiatives. The polyols are used as a special component within the food and beverage industry as well as a sugar replacement ingredient in different products such as candies, ice creams, fruit spreads, and yogurt.

There is a significant demand for polyols from the consumer products, electronics, footwear, and packaging industry determining a significant contribution to the overall market growth. Furthermore, polyols are widely used in building and construction activities. The rapid increase in the size of the population has surged the infrastructure and housing requirements. This is expected to create a robust growth opportunity for the market.