Global Green and Bio Polyols Market Analysis 2022

Global Green and Bio Polyols Market Analysis 2022

The Global Green and Bio Polyols Market is expected to reach $7.61 billion by 2028 growing at a CAGR of 10.3% from 2021 to 2028. Green and bio polyols are eco-friendly alcoholic solutions obtained from polymers, such as polyurethanes (PU) and polyethylene terephthalate (PET). The green and bio polyols are synthesized by using renewable materials. The green and bio polyols are high quality bio-based polyols that are used in a wide range of applications. They are either synthesized from natural oils, such as palm, canola, soya, castor, and sunflower, or natural sources, such as carbon dioxide (CO2), corn, and sugar.

Factors such as rising demand for bio-based polyols in end user industries and consistent supply of bio-based feedstock are driving the growth of the market. However, availability of raw materials and higher cost of the product are restraining the growth of the market.

Based on end user, the furniture and bedding segment is going to have a lucrative growth during the forecast period which can be attributed to their extensive usage in the manufacturing of cushions for recliners, sofas, and upholstered chairs for both commercial and household purposes. Moreover, owing to the growing up income levels of the population in the emerging economies, there is an added expenditure on luxury commodities.

The key vendors mentioned are BASF SE, The Dow Chemical Company, Cargill, Incorporated, Covestro AG, Emery Oleochemicals, Arkema SA, Mitsui Chemicals, Inc, Kemipex, Bayer, Huntsman International LLC, Piedmont Chemical Industries, Inc, Polylabs, Global BioChem Technology Group, INVISTA, Johnson Controls Inc, and Stepan Company.

Types Covered:

• Polyether Polyols
• Polyester Polyols

Raw Materials Covered:

• Carbon Dioxide
• Glycerin
• Natural Oils and their Derivatives
• Recycled Polymers
• Sucrose

Applications Covered:

• Coatings, Adhesives, Sealants, and Elastomers (CASE)
• Polyurethane (PU) Flexible Foam
• Polyurethane (PU) Rigid Foam

End Users Covered:

• Automotive
• Carpet Backing
• Construction
• Furniture and Bedding
• Packaging

Regions Covered:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:

• How this market evolved since the year 2020
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period