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Global Bio-Based Polyurethane Market Size To Grow at CAGR of 6.75% Over 2016-2020 Growth prospects in emerging Market

Global Bio-Based Polyurethane Market Size To Grow at CAGR

Adipic acid, a petroleum-based compound, and few other di-acids are the commonly used conventional raw materials for manufacturing polyurethanes. However, natural oil polyols or bio-polyols derived from vegetable oils can also be used for manufacturing polyurethanes. These products are called bio-based polyurethanes.

The most common sources of natural oil polyols include soy oil, castor oil, peanut oil and canola oil. Castor oil is primarily used for producing natural oil polyol due to the availability of ready hydroxyl group unlike other oils that require the introduction of hydroxyl group by other procedures. Polyols derived from Natural oils have comparable origins and applications but the materials produced are different depending on their manufacturing process. Apart from adipic acid, bio-based succinic acid and 1,4 butanediol can be combined with the required isocyanates to produce polyurethanes with up to 70% bio content.

Technavios analysts forecast the global bio-based polyurethane market to grow at a CAGR of 6.75% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global bio-based polyurethane market for 2016-2020. To calculate the market size, the report considers revenue generated from numerous applications of bio-based polyurethane in different end-user segments.

The market is divided into the following segments based on geography:
Americas
APAC
Europe
ROW

Technavio's report, Global Bio-based Polyurethane Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BASF
Cargill
Covestro
Dow Chemical
Dow Chemical

Other prominent vendors
Hitachi Chemical company
Mitsui Chemicals
Myriant
RAMPF Polymer Solutions
Rhino Lining
SNP

View Full Report : http://www.marketresearchreports.biz/analysis/715907

Market driver
Growth prospects in emerging markets
For a full, detailed list, view our report

Market challenge
Elevated cost of production
For a full, detailed list, view our report

Market trend
Augmented investment in R&D
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

MarketResearchReports.biz supports your business intelligence needs with over 100,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.

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