Green and Bio Polyols Market Size, Growth Analysis, Developments And Forecast 2028 | Prominent Players: Bayer AG, BASF SE, The Dow Chemical Company Emery Oleochemicals, and Cargill Inc among Others

Factors driving the global market for green and bio-polyols are the eco-friendly and renewable nature of bio-polyols, consistent availability of bio-based feedstock, and volatility in the price of crude oil. In addition, the introduction by different governments of strict environmental standards and favorable regulations that allow producers to increase the content of green polyol & bio polyol in their products would fuel the green and bio polyol industry in the forecast era.

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In the manufacture of polyurethane, thermoplastic elastomers, coatings, adhesives, sealants and fake leather, green polyol & bio polyol are essential raw materials used. Implementation of strict environmental requirements by different governments and favorable regulations that allow manufacturers to increase the green polyol & bio polyol content in their products are some of the factors driving the global green polyol & bio polyol industry.

Growth Drivers that Support the Global Green and Bio Polyols Market:

• The section sold for polyurethane rigid foam, polyurethane flexible foam, paint, adhesive, sealant, and others is focused on use. In the automotive industry, polyurethane flexible foams are commonly used to produce auto seat backrests, armrests, headrests, and other interior parts of the vehicle.

• Increased penetration of bio-polyols in the automobile sector, increased usage of rigid foam in the building industry and growing use of polyurethane foams in many application industries are some of the prominent developments the market is witnessing.

• In the forecast timeframe, North America is a leading region for green polyol & bio polyol and is expected to rise exponentially. The U.S. has the highest share of the market in North America. Green Polyol & Bio Polyol is the fastest growing market in the Asia Pacific.

Global Companies Seek to Launch New Products in the Market by Collaboration:

• In July 2018, BASF acquired Advanc3D Materials GmbH and Setup Output SAS, two manufacturers of 3D printing materials. The acquisitions will help the company grow its 3D printing field.

• Huntsman Corporation purchased Nanocomp Technologies Inc. in February 2018. The acquired company manufactures carbon nanotube fibre products used in the aerospace, defence, aircraft, transportation, oil and consumer sectors.

Major companies functioning in the global Green and Bio Polyols market are BioBased Technologies LLC, Bayer AG, BASF SE, The Dow Chemical Company Emery Oleochemicals, and Cargill Inc. Other companies include Jayant Agro Organics Pvt. Ltd., E.I. Du Pont De Nemours & Co., Novomer, Global Bio-Chem Technology Group, Polygreen Chemicals, Roquette, Mitsui Chemicals, Huntsman Corporation, Koch Industries, Johnson Controls Inc., Arkema, Croda, Polylabs, Piedmont Chemical Industries, Itoh Chemicals.

Market Segmentation:

By Type:
• Polyether
• Polyester

By Application:
• Polyurethane Rigid Foam
• Polyurethane Flexible Foam
• Case

By End-User Industry:
• Furniture & Bedding
• Automotive
• Packaging
• Carpet Backing
• Others

o Engineered Components
o Industrial
o Sports
o Textiles & Clothing

By Region:
• North America
o North America, by Country
 US
 Canada
 Mexico
o North America, by Type
o North America, by Application
o North America, by End-User Industry
• Western Europe
o Western Europe, by Country
 Germany
 UK
 France
 Italy
 Spain
 The Netherlands
 Rest of Western Europe
o Western Europe, by Type
o Western Europe, by Application
o Western Europe, by End-User Industry
• Asia Pacific
o Asia Pacific, by Country
 China
 India
 Japan
 South Korea
 Australia
 Indonesia
 Rest of Asia Pacific
o Asia Pacific, by Type
o Asia Pacific, by Application
o Asia Pacific, by End-User Industry
• Eastern Europe
o Eastern Europe, by Country
 Russia
 Turkey
 Rest of Eastern Europe
o Eastern Europe, by Type
o Eastern Europe, by Application
o Eastern Europe, by End-User Industry
• Middle East
o Middle East, by Country
 UAE
 Saudi Arabia
 Qatar
 Iran
 Rest of Middle East
o Middle East, by Type
o Middle East, by Application
o Middle East, by End-User Industry
• Rest of the World
o Rest of the World, by Country
 South America
 Africa
o Rest of the World, by Type
o Rest of the World, by Application
o Rest of the World, by End-User Industry

Years Covered in the Study:
• Historic Year: 2016-2017
• Base Year:2018
• Estimated Year: 2019
• Forecast Year: 2028

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This release was published on openPR.