Global Green and Bio Polyols Market to Reach USD 4.71 Billion by 2021 - Analysis By Type of Raw Materials, Type, Application, End Use Industry & Region - Research and Markets
Apr 24, 2017, 08:30 ET
DUBLIN, Apr. 24, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Green and Bio Polyols Market - Global Forecast to 2021" report to their offering.
The global green and bio polyols market is projected to reach USD 4.71 Billion by 2021, at a CAGR of 9.5%. It is projected to reach 1.74 Million tons by 2021 at a CAGR of 6.9% from 2016 to 2021 by volume. The eco-friendly and sustainable nature of bio polyols, consistent supply of bio-based feedstock and crude oil price fluctuations, are the key factors driving the global green and bio polyols market.
Polyether polyols was the largest market for green and bio polyols in 2015. Polyether polyols find extensive applications in the manufacture of flexible and rigid polyurethane foams. These foams are used in various end-use industries such as bedding and furniture, construction, and automotive. Thus, the increasing use of polyurethane foams in various end-use industries is driving the green and bio polyols market worldwide. Moreover, the lower cost of polyether polyols in comparison to polyesters further propels the growth of the polyether polyols market globally.
Globally, polyurethane flexible foam was estimated to be the largest application of green and bio polyols in 2015. Polyurethane flexible foams are in high demand from for the manufacture of furniture and bedding products, which is its largest end-use industry. This is due to the growing population and increasing construction activities in emerging economies and refurbishment activities in the developed regions of North America and Europe. Moreover, the growing automotive industry is highly focused on using sustainable products in vehicles. Hence the use of polyurethane flexible foam for the manufacture of seats and cushions is driving the bio-based polyurethane flexible foams market.
Companies Mentioned
- Arkema
- BASF SE
- Bayer AG
- Biobased Technologies LLC
- Cargill Inc.
- Croda
- Diester Industrie S.A.S
- E.I. Du Pont De Nemours & Co.
- Emery Oleochemicals
- Global Bio-Chem Technology Group
- Huntsman Corporation
- IFS Chemicals
- Itoh Chemicals
- Jayant Agro Organics Pvt. Ltd.
- Johnson Controls Inc.
- Koch Industries
- Mitsui Chemicals
- Novomer
- Piedmont Chemical Industries
- Polygreen Chemicals
- Polylabs
- Repsol S.A.
- Roquette
- Stepan Company
- The DOW Chemical Company
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Green and By Bio Polyols: By Type of Raw Materials
8 Green and Bio Polyols Market: By Type
9 Green and Bio Polyols Market: By Application
10 Green and Bio Polyols Market: By End-Use Industry
11 Green and Bio Polyols Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/38n7ns/green_and_bio
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SOURCE Research and Markets