What is Polyols Esters?
Polyols esters are a type of synthetic esters produced by the reaction of polyols like PE, NPG, and TMP with various fatty acids. Polyols esters offer excellent properties such as good lubricant, compatibility with additives, low pour point. Polyols esters are used for low viscosity, cosmetically elegant oil phases in high-temperature chain oils, 2-stroke, aviation turbine oils, air compressor oils, and racing engine oils, or even ultra-low temperature hydraulic oils.
The market study is broken down by Type (Trimethylolpropanes (TMPs), Pentaerythritol (PEs), Neopentyl glycols (NPGs) and Di-Pentaerythritol (DiPEs)), by Application (Refrigeration compressors, Aviation greases, Air compressors, Metal working and Others) and major geographies with country level break-up.
Global Polyols Esters is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
INOLEX (United States), Purinova Sp. z oo (Poland), Ultrachem Inc. (FUCHS) (United States), Calumet Specialty Products Partners, L.P. (United States), Vantage Performance Materials (United States), KLK OLEO (Malaysia), Dow Chemical Company (United States), Huntsman Corporation (United States), Chemtura Corporation (LANXESS) (United States) and Shell Chemicals Ltd. (India) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Polyols Esters market by Type, Application and Region.
On the basis of geography, the market of Polyols Esters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales, the sub-segment i.e. Online will boost the Polyols Esters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Raw Materials, the sub-segment i.e. Neopentyl Glycol will boost the Polyols Esters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 2nd March 2020, Calumet Specialty Products Partners, L.P. a producer of specialty hydrocarbons and fuel products acquired Paralogics, LLC a producer of the candle and industrial wax blends. With this acquisition Calumet Specialty Products Partners, L.P. focused on growth strategy and it will enhance the presence in the specialty wax market
On 6th October 2020, Dow Chemical Company (Dow India) launched Rethink+, India's first digital waste management program to recycle plastic waste. The launch aims to prevent post-consumer plastic waste from going to landfills by digitally connecting waste generators, waste aggregators, waste processors, and waste recyclers.
- Rapid Industrialization across the Globe
- Rising usage of Polyols Esters in various Applications
- Growing Demand for Polyols Esters from Aviation Greases
- Increasing Research and Development Activities can create Opportunities for Global Polyols Esters Market Growth
- High Product Price can hinder The Global Polyols Esters Market Growth
Key Target AudiencePolyols Esters Manufacturers, Polyols Esters Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as INOLEX (United States), Purinova Sp. z oo (Poland), Ultrachem Inc. (FUCHS) (United States), Calumet Specialty Products Partners, L.P. (United States), Vantage Performance Materials (United States), KLK OLEO (Malaysia), Dow Chemical Company (United States), Huntsman Corporation (United States), Chemtura Corporation (LANXESS) (United States) and Shell Chemicals Ltd. (India) etc.
2. Can we have customized study for Polyols Esters Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Polyols Esters Market by 2026?
Analysts at AMA estimates Polyols Esters Market to reach USD Million by 2026.