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Green and Bio Polyols Market to Witness Huge Growth by Key Players: BASF SE, The Dow Chemical Company, Emery Oleochemicals

05-22-2022 02:28 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Global Green and Bio Polyols Market 2022-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global green and bio polyols market size is estimated at USD 4.4 billion in 2021 and is projected to reach USD 6.9 billion by 2027, at a CAGR of 9.5%, between 2022 and 2027

The report provides a comprehensive analysis of company profiles listed below:
• BASF SE
• The Dow Chemical Company
• Cargill, Incorporated
• Covestro AG
• Emery Oleochemicals

"Natural oils and their derivatives is the largest raw material segment of the green and bio polyols market"
Based on raw materials, the green and bio polyols market includes natural oils and their derivatives, sucrose, glycerin, and carbon dioxide. The natural oils and their derivatives raw material segment led the application segment of the market in terms of both value and volume. Bio-polyols made from natural oils are also known as natural oil polyols. These polyols can be made from soybean oil, rapeseed (canola) oil, palm oil, castor oil, and sunflower oil. The usage of a specific natural oil can be dependent on the region. All the natural oil polyols have similar sources and applications, but the materials are quite different, depending on how they are made.

"Polyether polyols is the largest applications segment of the green and bio polyols market"
Based on type, the green and bio polyols market is divided into polyether polyols and polyester polyols. The polyether polyols type segment accounted for the largest share in the green and bio polyols market in 2021. Polyether polyols are generally produced by the catalysis reaction of epoxides. They are mainly used in the manufacturing of PU flexible foam. Polyether polyols contain multiple ether linkages and hydroxyl groups in their molecular form.

"PU flexible foams in the largest applications segment of the green and bio polyols market"
Based on applications, the green and bio polyols market is divided into PU Flexible Foam, CASE, and PU Rigid Foam. The PU flexible foams application segment accounted for the largest share in the green and bio polyols market in 2021. PU flexible foams are used in different consumer and commercial products, including furniture, carpet cushion, transportation, bedding, packaging, textiles, and fibers. These foams consist of slab stock, which is primarily used for carpet cushions and furniture. They are also used for office chairs, stadium seating, and auditorium seating.

"Furniture & bedding is the largest end-use industry segment of the green and bio polyols market"
Based on the end-use industry, the green and bio polyols market is divided into furniture & bedding, construction, automotive, packaging, carpet backing, others. The furniture & bedding end-use industry segment is the largest end-user of green and bio polyols. Increased construction activities in the housing sector, especially in emerging economies, have fueled the demand for furniture & bedding products. Growing income levels in the emerging markets have led to added expenditure on luxury commodities.

"North America is the largest market for green and bio polyols market"
The North America region is projected to be the largest market, in terms of value. North America is expected to grow at the fastest rate during the forecast period. North America is a leader in the polyurethane market in terms of demand and product innovation in improving performance and quality. New developments in applications, such as aerospace, automotive, and wind energy, also make North America a dominating market. The automotive, furniture, consumer durables, and food & beverage industries are the major consumers of these polyols in the region.

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Competitive Landscape of Green and Bio Polyols Market:
1 Overview
2 Key Player Strategies/Right To Win
3 Market Ranking
4 Revenue Analysis Of Top Market Players
5 Company Evaluation Quadrant
6 Arkema
6.1 Stars
6.2 Pervasive
6.3 Emerging Leaders
6.4 Participants
6.4.1 Competitive Benchmarking
6.5 Strength Of Product Portfolio
6.6 Business Strategy Excellence
7 Competitive Leadership Mapping Of Smes (Small And Medium-Sized Enterprises)
7.1 Progressive Companies
7.2 Responsive Companies
7.3 Starting Blocks
7.4 Dynamic Companies
8 Competitive Scenario And Trends
8.1 Deals
8.2 Others

Research Coverage:
The green and bio polyols market has been segmented based on raw material, type, application, end-use industry and region. This report covers the green and bio polyols market and forecasts its market size until 2027. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the green and bio polyols market. The report also provides insights into the drivers and restraints in the green and bio polyols market along with opportunities and challenges.

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