According to a market report by Lucintel, the future of the green and bio polyol market looks promising with opportunities in the furniture and bedding, construction/insulation, automotive, packaging, and carpet industries. The green and bio polyol market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are rising demand for eco-friendly raw materials and increasing demand from various end use industries such as furniture, construction and transportation.
In this market, polyether polyols and polyester polyols are the major material type. Polyether polyols is the largest segment of the green and bio polyol market.
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Within the green and bio polyol market, furniture and bedding, construction/insulation, automotive, packaging, and carpet are the major end use industries.
Polyurethane rigid foam, polyurethane flexible foam, coating, adhesive, and sealant are the major applications of the green and bio polyol market.
North America will remain the largest market over the forecast period due to growing preference for bio-based and ecofriendly products, which have a lower carbon impact and are recyclable or derived from non-polluting resources.
Cargill Inc, DowDupont, BASF SE, Bayer AG, Stepan Company, Biobased Technologies LLC, Emery Oleochemicals, Jayant Agro Organics Pvt. Ltd., Global Bio-Chem Technology Group, and E.I. Du Pont De Nemours & Co. are among the major manufacturers of green and bio polyols.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the green and bio polyol market by application, by material type, by end use industry, and region. Lucintel has prepared a comprehensive research report entitled "Green and Bio Polyol Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the green and bio polyol market by application, product type, end use industry, and region as follows:
By Material Type [$M shipment analysis for 2013 – 2024]:
Polyether Polyols
Polyester Polyols
By Application [$M shipment analysis for 2013 – 2024]:
Polyurethane Rigid Foam
Polyurethane Flexible Foam
Coating
Adhesive
Sealants
Others
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Furniture and Bedding
Construction/Insulation
Automotive
Packaging
Carpet
Others
By Region: [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
Spain
France
United Kingdom
Russia
Asia Pacific
China
Japan
India
South Korea
Thailand
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/green-and-bio-polyol-market.aspx or helpdesk@lucintel.com.
About Lucintel
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