[153 Pages Report] Green and Bio Polyols Market research report categorizes the global market by Application (Polyurethane Flexible Foam, Case, Polyurethane Rigid Foam), End Use Industry (Automotive, Packaging, Carpet Backing, Furniture & Bedding), Type (Polyester, Polyether) & by Geography.
- Advertising -
The report "Green and Bio Polyols Market by Type (Polyether, Polyester), Application (Polyurethane Rigid Foam, Polyurethane Flexible Foam, Case), End Use Industry (Furniture & Bedding, Automotive, Packaging, Carpet Backing) and Region - Global Forecast to 2021", The global green and bio polyols market was valued at USD 2.63 Billion in 2015 and is projected to reach USD 4.71 Billion by 2021, at a CAGR of 9.5% from 2016 to 2021.
Browse 98 market data tables and 52 figures spread through 153 pages and in-depth TOC on "Green and Bio Polyols Market by Type (Polyether, Polyester), Application (Polyurethane Rigid Foam, Polyurethane Flexible Foam, Case), End Use Industry (Furniture & Bedding, Automotive, Packaging, Carpet Backing) and Region - Global Forecast to 2021"
This growth is attributed to the eco-friendly and sustainable nature of bio polyols and the consistent supply of bio-based feedstock, while crude oil price fluctuations place limitations on the use of petroleum based polyols.
Polyether Polyols: The largest type market of green and bio polyols
Polyether polyols is the largest by type market in the global green and bio polyols market, followed by polyester polyols.
- Advertising -
Polyester was majorly used earlier, but the demand for polyether polyols rose subsequently due to its effective and substantial usage in the production of various plastic products. The lower price of polyether polyols in comparison to polyester polyols is expected to further boost its demand in the green and bio polyols market.
Download PDF Brochure: www.marketsandmarkets.com/pdfdownload.asp?id=1175
Polyurethane Flexible Foam: The largest application market of green and bio polyols
Polyurethane flexible foam is currently the largest application of green and bio polyols. Green and bio polyols are largely used in the manufacture of polyurethane flexible foam.
The growing adoption and preference for the use of bio based materials across the world has led to the increasing use of renewable and sustainable products like green and bio polyols in the polyurethane flexible foam application, the demand for which is escalating due to its growing consumption for the manufacture of automotive seats, beddings, and other consumables.
North America: The largest market for green and bio polyols
The North American region was the largest market for green and bio polyols, in terms of both, value and volume, in 2015. This is due to the growing preference for and consumption of materials and chemicals that have a lower carbon impact and that are recyclable or derived from non-polluting resources.
Green and bio polyols are thus an obvious answer as substitutes for crude-based polyols. Moreover, stringent environmental regulations associated with the use of crude oil based polyols and volatility in crude oil prices has led to the increasing production of plastics from green and bio based polyols.
Therefore, the region is expected to continue to hold the largest market share in terms of value in the green and bio polyols market.
Request for Sample: www.marketsandmarkets.com/requestsample.asp?id=1175
Green and bio polyols manufacturers such as Bayer AG (Germany), BioBased Technologies LLC (U.S.), BASF SE (Germany), Cargill Inc. (U.S.), The Dow Chemical Company (U.S.), Stepan Company (U.S.), Emery Oleochemicals (M) Sdn Bhd (Malaysia), Jayant Agro-Organics Limited (India), Global Bio-chem Technology Group Company Limited (Hong Kong), and E. I. du Pont de Nemours and Company (U.S.), are covered in the market report.
Category: Market Research Publishers and RetailersCompany profile: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...
For more information: