Global Green and Bio Polyols Market By Raw Material (Natural Oils and Their Derivatives, Sucrose, Carbon Dioxide and Recycled Polymers), Type (Polyether Polyols and Polyester Polyols), Application (Polyurethane Rigid Foam, Polyurethane Flexible Foam and Case), End User (Furniture and Bedding, Automotive, Construction, Packaging, Carpet Backing and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Green and Bio Polyols Market
Data Bridge Market Research analyses that the green and bio polyols market will witness a CAGR of 9.50% for the forecast period of 2021-2028. Increased need and demand for green and bio polyols by oil and gas industry and increasing application of green and bio polyols owing to their eco-friendliness and sustainability properties especially in the emerging economies are the major factors attributable to the growth of the green and bio polyols market.
Green and bio polyols are eco-friendly alcoholic solutions obtained from recycled polyethylene terephthalate (PET) and polyurethanes. The green and bio polyols are high quality bio-based polyols that are used in a wide range of applications. The green and bio polyols are synthesized by using renewable materials.
Growth and expansion of various end user verticals is the root cause fuelling up the green and bio polyols market growth rate. Rising demand for lightweight materials and components by the automobile sector will further create lucrative growth opportunities for the green and bio polyols market. Consistent and adequate supply of feedstock coupled with volatility in the prices of oil will further induce growth in the demand for green and bio polyols. Rising application of green and bio polyols in the adhesives and sealants will also propel growth in the demand for green and bio polyols especially in the emerging economies.
However, lack of awareness regarding green and bio polyols in the underdeveloped economies will pose a major challenge to the growth rate of this market. The expensive nature of green and bio polyols as compared to conventional polyols will further restrict the scope of growth for this green and bio polyols market.
This green and bio polyols market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on green and bio polyols market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Green and Bio Polyols Market Scope and Market Size
The green and bio polyols market is segmented on the basis of raw material, type, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of raw material, the green and bio polyols market is segmented into natural oils and their derivatives, sucrose, carbon dioxide and recycled polymers.
- On the basis of type, the green and bio polyols market is segmented into polyether polyols and polyester polyols.
- On the basis of application, the green and bio polyols market is segmented into polyurethane rigid foam, polyurethane flexible foam and case.
- On the basis of end user, the green and bio polyols market is segmented into furniture and bedding, automotive, construction, packaging, carpet backing and others.
Global Green and Bio Polyols Market Country Level Analysis
The green and bio polyols market is analysed and market size, volume information is provided by country, raw material, type, application and end user as referenced above.
The countries covered in the green and bio polyols market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the green and bio polyols market and will continue to flourish its trend of dominance during the forecast period. This is because of the increased application of green and bio polyols into furniture, adhesives, sealants, and binders. Asia-Pacific on the other hand is projected to score the highest CAGR for the forecast period owing to the rapid growth in construction activities.
The country section of the green and bio polyols market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Green and Bio Polyols Market Share Analysis
The green and bio polyols market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to green and bio polyols market.
The major players covered in the green and bio polyols market report are Dow, BASF SE, Bayer AG, Stepan Company, BioBased Technologies., Emery Oleochemicals, JAYANT AGRO-ORGANICS LIMITED., Global Bio-chem Technology Group Company Limited., Novomer Inc., PolyGreen, Huntsman International LLC., Roquette Frères., Mitsui Chemicals, Inc., Koch Industries, Inc., Johnson Controls., Piedmont Chemical Industries, ITOH OIL CHEMICALS CO., LTD, Cargill, Incorporated, Arkema and DuPont. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.