openPR Logo
Press release

Bio-Based Polyurethane Market - Trend Research 2019

06-21-2018 12:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

/ PR Agency: Transparency Market Research Reports

Polyurethanes are used in a wide range of industrial applications due to their chemical versatility, high performance and low cost. They find use in building and construction, consumer products, furniture and fixtures, transportation and in industrial applications. Polyurethane is traditionally a downstream derivative of crude oil, rendering it susceptible to the crude oil market fluctuations. Moreover in this age of the consumers, and the global inclination towards green products and sustainable development, bio based alternative for crude oil is the need of the day.

Read Report Overview @
https://www.transparencymarketresearch.com/bio-based-polyurethane-market.html

Polyurethane manufacturers are looking for alternatives so as to reduce carbon footprint, and at the same time positively impact the product quality and economics of production. Thermoplastic polyurethane manufacturers in particular are more inclined towards adopting bio based alternatives and increase the bio based content in their product by using polyester polyols made from natural and renewable raw materials. The main demand for bio based polyurethane is derived from application segments such as automotive, footwear and apparel. Uses in applications such as electronics, carpets, and furniture among others are also gaining momentum.

Adipic acid, which is petroleum based product, and some other di-acids are the conventional raw materials for manufacturing polyurethanes. However, natural oil polyols (NOP) or biopolyols, which are derived from vegetable oils by different methods, are used in the production of bio based polyurethane. The most common sources of natural oil polyols are castor oil, soy oil, peanut oil and canola oil. Castor oil accounts for the majority of natural oil polyol as it contains a ready hydroxyl group unlike the others, where hydroxyl group needs to be introduced by prior processes. Natural oil polyols have similar origins and applications but the materials are different depending on their manufacturing process. Apart from these bio based succinic acid and 1,4 butanediol can be combined with the required isocyanates to produce polyurethanes with upto 70% bio content.

One of the major factors driving this market is the government regulations regarding carbon foot print control in the developed economies of North America and Europe. In order to meet manufacturing obligations set up by the Kyoto Protocol, that is to reduce carbon emission so as to negate future climate damage, adapting to bio alternative from petroleum in the way forward for most manufacturers. Moreover research suggests that the physical attributes of bio based polyurethanes is strikingly similar to the traditional polyurethane manufactured from crude oil. Moreover, the modern customer prefers bio based green products to traditional products obtained from petroleum. Green product status has become the USP for products and brands.

Application of bio based polyurethanes in the insulation industry is a major opportunity for the market. Polyurethane foams are extensively used in home insulation and building insulation in the US and Europe. Bio based polyurethane has the potential to capture the insulation market. Polyurethanes market suffers from the regular price fluctuations in the global crude oil market, as it is directly related to the product. The volatile crude oil market is a restraint for traditional polyurethanes as it affects the pricing and market competitiveness compared to other insulation materials such as fiber glass and mineral-wool. Insulation materials manufactured from bio based polyurethanes will not be affected by the global price fluctuations and is a better alternative both financially and environmentally for manufacturers and consumers alike.

Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3093

Some of the players in the bio based polyurethanes market are SNP, Inc.,Cargill, Bio Amber, Inc, and Myriant Technologies among many others.

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bio-Based Polyurethane Market - Trend Research 2019 here

News-ID: 1092179 • Views:

More Releases from Transparency Market Research Reports

High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon

All 5 Releases


More Releases for Polyurethane

Global Thermoplastic Polyurethane Films (TPU) Market 2020 Growth Rate - BASF SE, …
An informative study named Global Thermoplastic Polyurethane Films (TPU) Market 2020 by Manufacturers, Type and Application, Forecast to 2025 has lately been released for the database of MarketsandResearch.biz that offers detailed research and analysis of key aspects of the global market. The report helps clients by making business conclusions and shapes the future of the organizations. It supplies a comprehensive analysis of business aspects like global Thermoplastic Polyurethane Films (TPU)
Global Bio Polyurethane (Bio-based Polyurethane) Market, Incredible Possibilitie …
Qyresearchreports include new market research report "Global Bio Polyurethane (Bio-based Polyurethane) Market Insights,Forecast to 2025" to its huge collection of research reports. The objectives of compiling this business intelligence study have been to introduce the current scenario of the global Bio Polyurethane (Bio-based Polyurethane) market and its future prospects. Consequently, the report provides detailed information pertaining to factors that will determine the prosperity of the market as well as curtail its
Polycarbonate Diol Market Report 2018: Segmentation by Type (Solid PCD, Liquid P …
Global Polycarbonate Diol market research report provides company profile for AsahiKASEI, Perstorp, Caffaro Industrie, Cromogenia-Units, Baiqing Materials, UBE Chemical, TOSOH, Bayer and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides
Global Bio Polyurethane (Bio-based Polyurethane) Market 2018 - BASF, Lubrizol
Apex Market Reports, recently published a detailed market research study focused on the “Bio Polyurethane (Bio-based Polyurethane) Market” across the global, regional and country level. The report provides 360° analysis of “Bio Polyurethane (Bio-based Polyurethane) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend
Global Bio Polyurethane (Bio-based Polyurethane) Market by Chemical Structure, O …
Qyresearchreports include new market research report Global Bio Polyurethane (Bio-based Polyurethane) Sales Market Report 2018 to its huge collection of research reports. This report studies the global Bio Polyurethane (Bio-based Polyurethane) market status and forecast, categorizes the global Bio Polyurethane (Bio-based Polyurethane) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and
Thermoplastic Polyurethane Market 2017 - Bayer Material Science AG, COIM, Headwa …
Synopsis of Thermoplastic Polyurethane Market: Thermoplastic Polyurethane Market is expected to grow at a rapid phase owing to rising demand from various regions and it vast application in various end-use industries. Thermoplastic Polyurethane has good properties such as elasticity, transparency, and resistance to oil, grease, and abrasion due to this the application of Thermoplastic polyurethane has been expanding. Globally, the thermoplastic polyurethane market is expected to witness significant growth owing