Polycarbonate Diols Market Analysis

Application (Adhesives & Sealants, Synthetic Leathers, Elastomers, Paints & Coatings)

The global polycarbonate diols market is segmented and analyzed for demand and supply by application into adhesives & sealants, synthetic leathers, elastomers, paints & coatings, and others. Out of these segments, the synthetic leathers segment is estimated to gain the largest market share of about 39% in the year 2037. The growth of the segment can be attributed to the increasing environmental concern, and rise in animal protection. Therefore, a major shift of consumers from conventional leather to synthetic leather has been growing, which is driving more demand for synthetic leather based-products including bags, wallets, footwear, synthetic leather apparel, and so on is significantly expanding, which is projected to fuel the segment growth in coming years. For instance, in Poland, the revenue from synthetic leather jackets was expected to reach around USD 8.79 million in 2020.

Form (Solid, Liquid)

The global polycarbonate diols market is also segmented and analyzed for demand and supply by form into solid, and liquid. Amongst these two segments, the solid form segment is projected to grab a significant share of around 70% in the year 2037. The growth in the segment can be attributed to the rising demand for high-performance synthetic leathers, along with the growing demand for waterborne coatings and paints for use in furniture, automotive, and textile industries among others. Solid polycarbonate diols possess high resistance to stain, oxidation, hydrolysis, and wear in polyurethane products. Moreover, solid polycarbonate diols offer optimum strength, performance, excellent mechanical properties, and high thermal stability at low temperatures. This, as a result, is estimated to generate more opportunities to propel the growth of the segment during the projected time frame.

Our in-depth analysis of the global market includes the following segments: