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Green and Bio Polyols Market worth 4.71 Billion USD by 2021

by Lavern Doi (2020-07-19)




The report "Green and Bio Polyols Market by Type (Polyether, Polyester), Application (Polyurethane Rigid Foam, Polyurethane Flexible Foam, Case), End Use Industry (Furniture & Bedding, Automotive, Packaging, Carpet Backing) and Region - Global Forecast to 2021", Tour Quế Lâm từ Hà Nội The global green and bio polyols market was valued at USD 2.63 Billion in 2015 and is projected to reach USD 4.71 Billion by 2021, at a CAGR of 9.5% from 2016 to 2021.

Browse 98 market data tables and 52 figures spread through 151 pages and in-depth TOC on "Green and Bio Polyols Market by Type (Polyether, Polyester), Application (Polyurethane Rigid Foam, Polyurethane Flexible Foam, Case), End Use Industry (Furniture & Bedding, Automotive, Packaging, Carpet Backing) and Region - Global Forecast to 2021"

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This growth is attributed to the eco-friendly and sustainable nature of bio polyols and the consistent supply of bio-based feedstock, while crude oil price fluctuations place limitations on the use of petroleum based polyols. Polyether Polyols: The largest type market of green and bio polyols Polyether polyols is the largest by type market in the global green and bio polyols market, followed by polyester polyols. Polyester was majorly used earlier, but the demand for polyether polyols rose subsequently due to its effective and substantial usage in the production of various plastic products. The lower price of polyether polyols in comparison to polyester polyols is expected to further boost its demand in the green and bio polyols market. Polyurethane Flexible Foam: The largest application market of green and bio polyols Polyurethane flexible foam is currently the largest application of green and bio polyols. Green and bio polyols are largely used in the manufacture of polyurethane flexible foam. The growing adoption and preference for the use of bio based materials across the world has led to the increasing use of renewable and sustainable products like green and bio polyols in the polyurethane flexible foam application, the demand for which is escalating due to its growing consumption for the manufacture of automotive seats, beddings, and other consumables. To know about the assumptions considered for the study, download the pdf brochure:





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