The global polyester polyol market is growing at 5.3 per cent. Polyurethane elastomers that are extracted from polyester polyols are highly preferred materials used in manufacturing shoe soles and other footwear products. They are a preferred option as they are tough and durable, which is a core requirement for footwear items. Polyester polyols are also inexpensive in nature and their specialized application capabilities make them perfect for soft material footwear applications. Besides, polyester polyols are known to create apposite and translucent thermoplastic elastomers. Moreover, polyester polyols also offer greater thermal stability as compared to polyether polyols, which makes them a preferred option in several industrial applications. However polyester polyols also display moisture absorption propensities and to an extent demonstrate toxicity. These adverse characteristics have been hindering application of polyester polyols in various industries to an extent.

To cater to the growing needs of consumers and the vertical industries, manufacturers of polyester polyol are focusing on production expansion along with product portfolio expansion. This will help them not only in expanding their consumer base but also retain their position in the market. Manufacturers of polyester polyols concentrate on using eco-friendly raw materials, for example, bio-succinic acid for manufacturing of polyester polyols, thereby decreasing the environmental footprint significantly.