Anticoagulant Reversal Drugs Market Size, Share & Trends Analysis Report By Product Type (Andexanet Alfa, Idarucizumab, Phytonadione (Vitamin K)), By Distribution Channel, By Region, And Segment Forecasts, 2025 - 2030

Anticoagulant Reversal Drugs Market Size, Share & Trends Analysis Report By Product Type (Andexanet Alfa, Idarucizumab, Phytonadione (Vitamin K)), By Distribution Channel, By Region, And Segment Forecasts, 2025 - 2030

Bio-based Polyurethane Market Growth & Trends

The global bio-based polyurethane market size is estimated to reach USD 64,596.15 thousand by 2030, registering a CAGR of 8.99% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing awareness among consumers, environmental concerns, and stringent government regulations are contributing to the increased use of bio-based plastics and in turn, driving the growth of the bio-based polyurethane industry.

Bio-based polyurethane is bio-sourced and breaks down faster as compared to petroleum-based plastics. Due to their decreased carbon footprint, they remain a preferred option over traditional plastics. The rising emphasis on sustainable products is a key factor driving the growth of the packaging industry, which is expected to result in reduced consumption of petroleum-based products and a shift toward bio-based alternatives.

Moreover, bio-based polyurethane is increasingly being used to manufacture single-use packaging materials that include shopping bags and disposable cutlery, which is likely to boost their demand over the forecast period. Bio-based polyurethane is an environmentally friendly alternative to traditional plastics, notably in flexible and rigid packaging applications, as they are bio-based, compostable, and biodegradable.

Bio-based polyurethane is widely used in automotive applications such as seat cushions, seat backs, armrests, head restraints, and others. Increasing environmental concerns and the inclination of consumers toward sustainable products are pushing automotive manufacturers toward the adoption of bio-based polyurethane in automotive applications. For instance, Ford Motor Company, one of the leading global automobile manufacturers, is using bio-based polyurethane in the above-mentioned automobile applications.

Bio-based Polyurethane Market Report Highlights

• Asia Pacific accounted for the largest regional share of over 38.37% in 2024 in terms of revenue. Asia Pacific market is likely to grow owing to the rising demand for the product from key industries including car and transportation, electronics, textile, packaging, appliance, and medical
• Flexible foams dominated the end-use segment in the market, accounting for over 50.61% share in terms of revenue, due to its several uses in automotive, furniture & mattress, footwear, textile, handbag & luggage, home appliances, and packaging end-use among others
• Building & construction dominated the end-use segment in the market accounting for over 33.67% in terms of revenue. Growing urbanization and industrialization, especially in emerging economies, such as China and India, coupled with growing infrastructure development activities is expected to boost the bio-based polyurethane in the building & construction industry in the coming years
• In March 2023, Mitsui Chemicals, Inc. announced intentions to enhance the toluene diisocyanate (TDI) manufacturing capacity of its Omuta Works plant in July 2025. TDI is a raw ingredient used in the manufacturing of bio-based polyurethane.

Please note The report will be delivered in 2-3 business days upon order notification.