| Product Code: ETC13006365 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Nigeria polyol import market saw a shift in concentration towards a higher level in 2024, with China, Germany, South Korea, USA, and Spain dominating the export landscape. Despite a significant decline in the Compound Annual Growth Rate (CAGR) from 2020-2024 at -17.16%, the market experienced a steep decline in growth rate from 2023-2024 at -30.36%. This suggests a challenging environment for polyol imports in Nigeria, possibly impacted by various factors such as global economic conditions and changing trade dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Polyol Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyol Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyol Market - Industry Life Cycle |
3.4 Nigeria Polyol Market - Porter's Five Forces |
3.5 Nigeria Polyol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Polyol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Polyol Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Nigeria Polyol Market Revenues & Volume Share, By Properties, 2021 & 2031F |
4 Nigeria Polyol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry leading to increased demand for polyols |
4.2.2 Rising awareness about the benefits of using polyols in various applications |
4.2.3 Government initiatives promoting the use of sustainable and eco-friendly materials in industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of polyols |
4.3.2 Lack of skilled labor in the polyol manufacturing sector |
4.3.3 Regulatory challenges and compliance issues affecting market growth |
5 Nigeria Polyol Market Trends |
6 Nigeria Polyol Market, By Types |
6.1 Nigeria Polyol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyol Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Polyol Market Revenues & Volume, By Polyether, 2021 - 2031F |
6.1.4 Nigeria Polyol Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.1.5 Nigeria Polyol Market Revenues & Volume, By Bio-Based, 2021 - 2031F |
6.2 Nigeria Polyol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyol Market Revenues & Volume, By Rigid Foams, 2021 - 2031F |
6.2.3 Nigeria Polyol Market Revenues & Volume, By Flexible Foams, 2021 - 2031F |
6.2.4 Nigeria Polyol Market Revenues & Volume, By Adhesives and Sealants, 2021 - 2031F |
6.2.5 Nigeria Polyol Market Revenues & Volume, By Coatings and Elastomers, 2021 - 2031F |
6.3 Nigeria Polyol Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polyol Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 Nigeria Polyol Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Nigeria Polyol Market Revenues & Volume, By Furniture and Bedding, 2021 - 2031F |
6.3.5 Nigeria Polyol Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.4 Nigeria Polyol Market, By Properties |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Polyol Market Revenues & Volume, By Flexible Polyols, 2021 - 2031F |
6.4.3 Nigeria Polyol Market Revenues & Volume, By Rigid Polyols, 2021 - 2031F |
6.4.4 Nigeria Polyol Market Revenues & Volume, By Bio-Based Polyols, 2021 - 2031F |
6.4.5 Nigeria Polyol Market Revenues & Volume, By Conventional Polyols, 2021 - 2031F |
7 Nigeria Polyol Market Import-Export Trade Statistics |
7.1 Nigeria Polyol Market Export to Major Countries |
7.2 Nigeria Polyol Market Imports from Major Countries |
8 Nigeria Polyol Market Key Performance Indicators |
8.1 Adoption rate of polyols in key industries (e.g., construction, automotive) |
8.2 Research and development investment in new polyol technologies |
8.3 Percentage of companies using sustainable practices in polyol production |
9 Nigeria Polyol Market - Opportunity Assessment |
9.1 Nigeria Polyol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Polyol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Polyol Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Nigeria Polyol Market Opportunity Assessment, By Properties, 2021 & 2031F |
10 Nigeria Polyol Market - Competitive Landscape |
10.1 Nigeria Polyol Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here