Polycarbonate Diol market Current and Future Plans, Industry Analysis and Prospect by Forecast
Polycarbonate Diols Market: Introduction The global polycarbonate diols market was valued over US$ 200 Mn in 2020 and is expected to reach US$ 400 Mn by 2031 , expanding at a CAGR of 5% during the forecast period of 2021 to 2031 . Polycarbonate diols are resistant to oxidation, wear, and stains; they also provide resistance to hydrolysis in polyurethane products as compared to polyester polyols and polyether. Solid polycarbonate diols provide high strength, excellent mechanical properties, efficient performance, and high thermal stability when used at low temperature. The demand for polycarbonate is increasing across the globe primarily due to the rise in the demand for synthetic leather. Solid polycarbonates are also employed in various applications in diverse sectors such as waterborne paints & coatings in textiles, furniture, and automotive. The liquid form of polycarbonate diols is mad...