APAC to Dominate Global Polyols Consumption through 2022, States Industry Experts in Its Insightful Research Report Recently Published at MarketPublis03 Feb 2017 • by Natalie Aster
LONDON – Nowadays, polyols (a.k.a. sugar alcohols) are enjoying high popularity and are widely used in foods, beverages, confectionery and even pharmaceuticals owing to their unique functional properties and health benefits.
The world’s market for polyols is predicted to demonstrate significant growth in the coming years, spurred by the rising demand for low calorie foods containing polyols, enhancing awareness of diabetes and obesity, and also increasing interest towards weight management.
In the years ahead, the global consumption of polyols is likely to keep on expanding. In 2017, it is likely to reach 1.6 million metric tons; while through 2022 it will likely exceed 1.9 million metric tons, growing at about a 3.4% CAGR from 2017 till 2022.
Region-wise, APAC dominates the global polyols consumption, capturing the major consumption volume share. By 2022, the APAC polyols consumption is set to reach 1.1 million metric tons, registering a CAGR of 3.8% in the year ahead. In 2017, APAC is likely to hold a share of almost 56% (nearly 899.5 thousand metric tons) of the world’s polyols consumption volume.
In-demand research report “Polyols (Sugar Alcohols) – A Global Market Overview” prepared by Industry Experts explores the world’s polyols market landscape, covers the main end-use applications, reviews the existing polyols types and highlights the situation across the major regional and country markets. The report uncovers data on the market value and volume as well as presents the market performance estimates and statistics for the period 2014-2022. Moreover, the study offers detailed profiles of prosperous companies active in the world’s polyols market and canvasses the major competitive pressures and challenges.
This comprehensive publication examines the market dynamics in detail, sheds light on the key market growth restraints and driving forces, identifies the major market future growth opportunities and prospects. A future outlook for the world’s polyols market up to 2022 is also provided here.
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