Press release
Bio-based Construction Polymer Market to procure substantial returns during forecast period
Bio-based Construction Polymer Market
Among these, epoxies is expected to generate the maximum demand due to its extensive applications in paints & coatings, adhesives, wood & concrete repair etc. Additionally, insulation activities in the construction industry may drive the bio-based polyurethane (PUR) polymer in the coming years. This additional properties and widespread construction applications is projected to augment the product segment during the forecast period.
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On the basis of its applications, the bio-based construction polymer market is classified into profiling, pipes, insulation activities and few others such as concrete molds, cladding panels, glazing sealants, anchor fixings and FRP bridge section.
The product finds widespread application in pipes owing to its sturdy, durable, corrosion resistant and lightweight properties. These polymers are basically utilized in roofing, building panels, sealants & adhesives and flooring activities during construction. Moreover, the product is finding extensive application in constructing bridges, since these polymers are used in making frames and profiles, that will likely fuel the product market size.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o PolyOne
o BASF SE
o Mitsubishi Gas Chemical Company
o Teijin Plastics
o Evonik Industries
o E. I. du Pont de Nemours
o Bio-On
o Covestro
o NatureWorks LLC
o SK Chemicals
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Bio-based Construction Polymer Market size is anticipated to significantly rise owing to the swelling demand for bio-based products and green chemicals across the world during the forecast timespan. Rising awareness concerning petrochemical product use along with growing adoption of renewable materials will likely advance the product market.
These polymers are manufactured using renewable resources that finds major applications in the construction industry. In addition, there has been a surge in the production for bio based polymers to counter the escalating consumption of petroleum based materials. Previously, these eco-friendly polymers were extracted from agricultural feedstock such as corn, potatoes and other varied carbohydrated items. Nevertheless, improvements in bio-technology has piloted the manufacture of bio-based polymers by bacterial fermentation method from sustainable resources such as cellulose, starch, organic waste and fatty acids.
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The bio-based construction polymer market size is contributed by several key manufacturers aiding the market size. Some of the key players comprised in the industry are PolyOne, BASF SE, Mitsubishi Gas Chemical Company, Teijin Plastics, Evonik Industries, E. I. du Pont de Nemours, Bio-On, Covestro, NatureWorks LLC, SK Chemicals, Toyobo Co. Ltd. and Kaneka Corporation.
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