Global Bio Polyols Market 2024-2028
Global Bio Polyols Market 2024-2028
The bio polyols market is forecasted to grow by USD 4668 mn during 2023-2028, accelerating at a CAGR of 10.03% during the forecast period. The report on the bio polyols market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for bio polyols in automotive and construction industries, rising demand for adhesives and sealants, and increasing use of polyurethane insulation in refrigerators and freezers.
Technavio's bio polyols market is segmented as below:
- By Application
- Foams
- CASE
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the innovation in polyurethane foams as one of the prime reasons driving the bio polyols market growth during the next few years. Also, increasing demand for bio-based polyols and rising production capacity for thermoplastic pu will lead to sizable demand in the market.
The report on the bio polyols market covers the following areas:
- Bio polyols market sizing
- Bio polyols market forecast
- Bio polyols market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bio polyols market vendors that include Alberdingk Boley GmbH, Arkema SA, BASF SE, Bio Based Technologies LLC, Cargill Inc., Castor International BV, Covestro AG, Croda International Plc, Dow Inc., Emery Oleochemicals Group, Global Bio chem Technology Group Co. Ltd., Huntsman Corp, Invista, Jayant Agro Organics Ltd., Mitsui Chemicals Inc., Nivapol, Stahl Holdings B.V., Stepan Co., Vertellus Holdings LLC, and Xuchuan Chemical Suzhou Co. Ltd.. Also, the bio polyols market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.