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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

  • ID: 4200780
  • Report
  • April 2017
  • Region: Global
  • 153 Pages
  • Markets and Markets
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The Global Green and Bio Polyols Market is Projected to Reach USD 4.71 Billion by 2021, Growing at a CAGR of 9.5%

FEATURED COMPANIES

  • Arkema
  • Biobased Technologies LLC
  • Diester Industrie S.A.S
  • IFS Chemicals
  • Koch Industries
  • Polygreen Chemicals
  • MORE

“Eco-friendly and sustainable nature of bio polyols, consistent supply of bio- based feedstock, and crude oil price fluctuations are driving the global green and bio polyols market”

The global green and bio polyols market is projected to reach USD 4.71 billion by 2021, at a CAGR of 9.5%. The market is projected to grow at a CAGR of 6.9% and reach 1.74 million tons by 2021, by volume. Several factors, such as the eco-friendly and sustainable nature of bio polyols, consistent supply of bio-based feedstock, and crude oil price fluctuations affect the green and bio polyols market directly as well as indirectly.

Moreover, the growing penetration of bio-based polyols in the automotive and packaging industry and recycling of polyols from foam-based waste are expected to offer lucrative opportunities for the growth of the green and bio polyols market. Higher costs of green and bio polyols as compared to those of conventional polyols, and increasing crop productivity causing a negative environmental impact, such as increasing the carbon footprint and depletion of nutrients from the soil, are the major factors expected to restrain the growth of the green and bio polyols market globally.

“Polyether Polyols: The fastest growing type in the market”

The by type market for polyether polyols was the fastest growing in the green and bio polyols market in 2015. The rapid growth in demand for polyether polyols is attributed to their extensive use in major end-use markets such as furniture & bedding, construction and automotive industries, which demand flexible and rigid polyurethanes on a large scale. As polyether polyols are extensively used in the manufacture of polyurethane flexible foams, the market of polyether polyols is expected to grow rapidly.

“Polyurethane Flexible Foam: The fastest-growing application for green and bio polyols”

Polyurethane flexible foam is the fastest growing application segment in the global green and bio polyols market. Consumption of green and bio polyols is largely driven by end-use industries such as construction, automotive, furniture and bedding. The shift in the usage of bio-based polyurethane foams by various end-use industries further favors the growth of the market for green and bio polyols.

“North America: The fastest-growing market for green and bio polyols”

North America is the fastest-growing market for green and bio polyols, in terms of value as well as volume. The region is the largest market in the world for soybean based bio polyols. The increasing inclination towards the use of eco-friendly and sustainable materials for the production of polyurethane foams which are used in various end-use applications such as building & infrastructure, automotive, packaging, and so on, is expected to lead to a high growth rate for the region in the green and bio polyols market.

This study has been validated through primaries conducted with various industry experts globally.

These primary sources have been divided into three categories, namely, by company, by designation, and by region:

  • By Company Type: Tier 1- 60%, Tier 2 - 20%, and Tier 3 - 20%
  • By Designation: C Level- 38%, Director Level - 38%, and Others - 24%
  • By Region: North America - 25%, Asia-Pacific - 37%, and Europe - 38%

The report also provides company profiles and competitive strategies adopted by the major market players, such as Bayer AG (Germany), BioBased Technologies LLC (U.S.), BASF SE (Germany), Cargill Inc. (U.S.), The Dow Chemical Company (U.S.), Stepan Company (U.S.), Emery Oleochemicals (M) Sdn Bhd (Malaysia), Jayant Agro-Organics Limited (India), Global Bio-chem Technology Group Company Limited (Hong Kong), and E. I. du Pont de Nemours and Company (U.S.), among others.

Research Coverage

The report covers green and bio polyols and their applications across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as agents and application. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Reasons to buy this report

From an insight perspective, this research report has focused on various levels of analyses - industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the green and bio polyols market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers

  • Market Penetration: Comprehensive information on green and bio polyols offered by the top players in the global green and bio polyols market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the global green and bio polyols market.
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for green and bio polyols across regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global green and bio polyols market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global green and bio polyols market.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arkema
  • Biobased Technologies LLC
  • Diester Industrie S.A.S
  • IFS Chemicals
  • Koch Industries
  • Polygreen Chemicals
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Green and Bio Polyols Market: By Region
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Packaging
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in Green and Bio Polyols Market
    4.2 Green and Bio Polyols Market Growth, By End-Use Industry
    4.3 North American Green and Bio Polyols Market Share,  By Region and Application, 2015

5 Market Overview
    5.2 Introduction
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Short-Term Driver
                               5.3.1.1.1 Eco-Friendliness and Sustainability of Green and Bio Polyols
                    5.3.1.2 Mid-Term Driver
                               5.3.1.2.1 Consistent and Adequate Supply of Feedstock
                    5.3.1.3 Long-Term Driver
                               5.3.1.3.1 Volatility of Oil Prices
           5.3.2 Restraints
                    5.3.2.1 Higher Costs Than Conventional Polyols
                    5.3.2.2 Increasing Focus on Commercial Crop Productivity has an Additional Environmental Impact
           5.3.3 Opportunities
                    5.3.3.1 Growing Use of Bio-Based Polyols in Automotive and Packaging Industries
                    5.3.3.2 Recycling of Bio Polyols From Foam-Based Waste
           5.3.4 Challenges
                    5.3.4.1 Increasing Raw Material Demand to Offset the Balance Between Commercial Crops & Food Crops

6 Industry Trends
    6.1 Introduction
    6.2 Porter’s Five Forces Analysis
           6.2.1 Threat of New Entrants
           6.2.2 Bargaining Power of Suppliers
           6.2.3 Threat of Substitutes
           6.2.4 Bargaining Power of Buyers
           6.2.5  Intensity of Competitive Rivalry
    6.3 Macroeconomic Overview and Trends
           6.3.1 Introduction
           6.3.2 Trend of Growth in World Population

7 Green and By Bio Polyols: By Type of Raw Materials
    7.1 Introduction
    7.2 Natural Oils and Their Derivatives
    7.3 Sucrose
    7.4 Carbon Dioxide
    7.5 Recycled Polymers

8 Green and Bio Polyols Market: By Type
    8.1 Introduction
    8.2 Polyether Polyols
    8.3 Polyester Polyols

9 Green and Bio Polyols Market: By Application
    9.1 Introduction
    9.2 PU Flexible Foam
    9.3 Coatings, Adhesives, Sealants, and Elastomers
    9.4 PU Rigid Foam

10 Green and Bio Polyols Market: By End-Use Industry
     10.1 Introduction
     10.2 Furniture & Bedding
     10.3 Automotive
     10.4 Construction
     10.5 Packaging
     10.6 Carpet Backing
     10.7 Others

11 Green and Bio Polyols Market, By Region
     11.1 Introduction
     11.2 North America
             11.2.1 U. S.
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 Germany
             11.3.2 Netherlands
             11.3.3 U.K.
             11.3.4 France
             11.3.5 Rest of the Europe
     11.4 Asia-Pacific
             11.4.1 China
             11.4.2 Malaysia
             11.4.3 India
             11.4.4 Japan
             11.4.5 Rest of Asia-Pacific
     11.5 Middle East & Africa
             11.5.1 Saudi Arabia
             11.5.2 UAE
             11.5.3 Rest of Middle East & Africa
     11.6 South America
             11.6.1 Brazil
             11.6.2 Argentina
             11.6.3 Rest of South America

12 Competitive Landscape
     12.1 Overview
     12.2 Market Ranking of the Key Players
     12.3 Joint Ventures & Partnerships: the Most Popular Growth Strategy
     12.4 Competitive Situation and Trends
             12.4.1 Joint Venture & Partnership
             12.4.2 New Product Launch
             12.4.3 Expansions
             12.4.4 Mergers & Acquisitions

13 Company Profiles
     13.1 Cargill Inc.
     13.2 The DOW  Chemical Company
     13.3 BASF SE
     13.4 Bayer AG
     13.5 Stepan Company
     13.6 Biobased Technologies LLC
     13.7 Emery Oleochemicals
     13.8 Jayant Agro Organics Pvt. Ltd.
     13.9 Global Bio-Chem Technology Group
     13.10 E.I. Du Pont De Nemours & Co.
     13.11 Additional Company Profiles
             13.11.1 Novomer
             13.11.2 Polygreen Chemicals
             13.11.3 Huntsman Corporation
             13.11.4 Roquette
             13.11.5 Mitsui Chemicals
             13.11.6 Koch Industries
             13.11.7 Arkema
             13.11.8 Johnson Controls Inc.
             13.11.9 Croda
             13.11.10 Piedmont Chemical Industries
             13.11.11 Polylabs
             13.11.12 Itoh Chemicals
             13.11.13 Repsol S.A.
             13.11.14 IFS Chemicals
             13.11.15 Diester Industrie S.A.S

List of Tables
Table 1 Trend of Growth in World Population, in Million (2011–2015)
Table 2 Green and Bio Polyols Market Size, By Type, 2014–2021 (USD Million)
Table 3 Green and Bio Polyols Market Size, By Type, 2014–2021 (Kiloton)
Table 4 Green and Bio Polyether Polyols, Market Size, By Region, 2014–2021 (USD Million)
Table 5 Green and Bio Polyether Polyols, Market Size, By Region, 2014–2021 (Kiloton)
Table 6 Green and Bio Polyester Polyols, Market Size, By Region, 2014–2021 (USD Million)
Table 7 Green and Bio Polyester Polyols, Market Size, By Region, 2014–2021 (Kiloton)
Table 8 Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 9 Green and Bio Polyols Market Size, By Application, 2014–2021 (Kiloton)
Table 10 Green and Bio Polyols Market Size in PU Flexible Foam Application, By Region, 2014–2021 (USD Million)
Table 11 Green and Bio Polyols Market Size in PU Flexible Foam Application, By Region, 2014–2021 (Kiloton)
Table 12 Green and Bio Polyols Market Size in Case Application, By Region,  2014–2021, (USD Million)
Table 13 Green and Bio Polyols Market Size in Case Application, By Region,  2014–2021, (Kiloton)
Table 14 Green and Bio Polyols Market Size in Polyurethane Rigid Foam Application,  By Region, 2014–2021 (USD Million)
Table 15 Green and Bio Polyols Market Size in Polyurethane Rigid Foam Application, By Region, 2014–2021 (Kiloton)
Table 16 Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 17 Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 18 Green and Bio Polyols Market Size in Furniture & Bedding Industry, By Region, 2014–2021 (USD Million)
Table 19 Green and Bio Polyols Market Size in Furniture & Bedding Industry, By Region, 2014–2021 (Kiloton)
Table 20 Green and Bio Polyols Market Size in Automotive Industry, By Region,  2014–2021 (USD Million)
Table 21 Green and Bio Polyols Market Size in Automotive Industry, By Region,  2014–2021 (Kiloton)
Table 22 Green and Bio Polyols Market Size in Construction/Insulation Industry,  By Region, 2014–2021 (USD Million)
Table 23 Green and Bio Polyols Market Size in Construction/Insulation Industry,  By Region, 2014–2021 (Kiloton)
Table 24 Green and Bio Polyols Market Size in Packaging Industry, By Region,  2014–2021 (USD Million)
Table 25 Green and Bio Polyols Market Size in Packaging Industry, By Region,  2014–2021 (Kiloton)
Table 26 Green and Bio Polyols Market Size in Carpet Backing Industry, By Region, 2014–2021 (USD Million)
Table 27 Green and Bio Polyols Market Size in Carpet Backing Industry, By Region, 2014–2021 (Kiloton)
Table 28 Green and Bio Polyols Market Size in Other End-Use Industries, By Region, 2014–2021 (USD Million)
Table 29 Green and Bio Polyols Market Size in Other End-Use Industries, By Region, 2014–2021 (Kiloton)
Table 30 Green and Bio Polyols Market Size, By Region, 2014–2021 (USD Million)
Table 31 Green and Bio Polyols Market Size, By Region, 2014–2021 (Kiloton)
Table 32 North America: Green and Bio Polyols Market Size, By Country, 2014–2021 (USD Million)
Table 33 North America: Green and Bio Polyols Market Size, By Country, 2014–2021 (Kiloton)
Table 34 North America: Green and Bio Polyols Market Size, By Type, 2014–2021 (USD Million)
Table 35 North America: Green and Bio Polyols Market Size, By Application,  2014–2021 (USD Million)
Table 36 North America: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 37 U.S.: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 38 U.S.: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 39 Canada: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 40 Canada: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 41 Mexico: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 42 Mexico: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 43 Europe: Green and Bio Polyols Market Size, By Country, 2014–2021 (USD Million)
Table 44 Europe: Green and Bio Polyols Market Size, By Country, 2014–2021 (Kiloton)
Table 45 Europe: Green and Bio Polyols Market Size, By Type, 2014–2021 (USD Million)
Table 46 Europe: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 47 Europe: Green and Bio Polyols Market Size, By End Use Industry, 2014–2021 (USD Million)
Table 48 Germany: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 49 Germany: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 50 Netherlands: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 51 Netherlands: Green and Bio Polyols Market Size, By End-Use Industry,  2014–2021 (USD Million)
Table 52 U.K.: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 53 U.K.: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 54 France: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 55 France: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 56 Rest of the Europe: Green and Bio Polyols Market Size, By Application,  2014–2021 (USD Million)
Table 57 Rest of the Europe: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 58 Asia-Pacific: Green and Bio Polyols Market Size, By Country, 2014–2021 (USD Million)
Table 59 Asia-Pacific: Green and Bio Polyols Market Size, By Country, 2014–2021 (Kiloton)
Table 60 Asia-Pacific: Green and Bio Polyols Market Size, By Type, 2014–2021 (USD Million)
Table 61 Asia-Pacific: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 62 Asia-Pacific: Green and Bio Polyols Market Size, By End-Use Industry,  2014–2021 (USD Million)
Table 63 China: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 64 China: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 65 Malaysia: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 66 Malaysia: Green and Bio Polyols Market Size, By End-Use Industry,  2014–2021 (USD Million)
Table 67 India: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 68 India: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 69 Japan: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 70 Japan: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 71 Rest of Asia-Pacific: Green and Bio Polyols Market Size, By Application,  2014–2021 (USD Million)
Table 72 Rest of Asia-Pacific: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 73 Middle East & Africa: Green and Bio Polyols Market Size, By Country,  2014–2021 (USD Million)
Table 74 Middle East & Africa: Green and Bio Polyols Market Size, By Country,  2014–2021 (Kiloton)
Table 75 Middle East & Africa: Green and Bio Polyols Market Size, By Type,  2014–2021 (USD Million)
Table 76 Middle East & Africa: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 77 Middle East & Africa: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 78 Saudi Arabia: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 79 Saudi Arabia: Green and Bio Polyols Market Size, By End-Use Industry,  2014–2021 (USD Million)
Table 80 UAE: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 81 UAE: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 82 Rest of Middle East & Africa: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 83 Rest of Middle East & Africa: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 84 South America: Green and Bio Polyols Market Size, By Country, 2014–2021 (USD Million)
Table 85 South America: Green and Bio Polyols Market Size, By Country, 2014–2021 (Kilotons)
Table 86 South America Green: and Bio Polyols Market Size, By Type, 2014–2021 (USD Million)
Table 87 South America: Green and Bio Polyols Market Size, By Application,  2014–2021 (USD Million)
Table 88 South America: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 89 Brazil: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 90 Brazil: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 91 Argentina: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 92 Argentina: Green and Bio Polyols Market Size, By End-Use Industry,  2014–2021 (USD Million)
Table 93 Rest of South America: Green and Bio Polyols Market Size, By Application, 2014–2021 (USD Million)
Table 94 Rest of South America: Green and Bio Polyols Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 95 Joint Ventures & Partnerships, 2011–2016
Table 96 New Product Launches, 2011–2016
Table 97 Expansions, 2011–2016
Table 98 Mergers & Acquisitions, 2011–2016
 
List of Figures
Figure 1 Green and Bio Polyols Market Segmentation
Figure 2 Green and Bio Polyols Market: Research Design
Figure 3 Key Data From Secondary Sources
Figure 4 Key Data From Primary Sources
Figure 5 Key Industry Insights
Figure 6 Breakdown of Primary Interviews
Figure 7 Market Size Estimation: Top-Down Approach
Figure 8 Market Size Estimation: Bottom-Up Approach
Figure 9 Green and Bio Polyols: Data Triangulation
Figure 10 Polyether Polyols to Be the Largest Type of Green and Bio Polyols Market During Forecast Period
Figure 11 North America to Dominate PU Flexible Foam in the Green and Bio Polyols Market During Forecast Period
Figure 12 Furniture & Bedding to Dominate Green and Bio Polyols Market During Forecast Period
Figure 13 North America Dominated the Green and Bio Polyols Market in 2016
Figure 14 Green and Bio Polyols Market to Witness High Growth During Forecast Period
Figure 15 Furniture & Bedding to Be the Fastest-Growing End-Use Industry Between 2016 and 2021
Figure 16 U.S. Accounted for the Largest Share in PU Flexible Foam Application in 2015
Figure 17 Canada to Emerge as the Most Lucrative Market for Green and Bio Polyols Between 2016 and 2021
Figure 18 Drivers, Restraints, Opportunities, and Challenges for Green and Bio Polyols Market
Figure 19 Green and Bio Polyols Market: Impact Analysis, 2016–2021
Figure 20 Porter’s Five Forces Analysis
Figure 21 China Had the World’s Largest Population, in Million, (2014–2015)
Figure 22 Polyether Polyols to Be the Largest and Fastest-Growing Type Segment of Green and Bio Polyols Market Between 2016 and 2021
Figure 23 North America to Be the Largest Market for Green and Bio Polyether Polyols Market Between 2016 and 2021
Figure 24 North America to Be the Largest Market for Green and Bio Polyester Polyols Between 2016 and 2021
Figure 25 Polyurethane Flexible Foam to Dominate Green and Bio Polyols Market Between 2016 and 2021
Figure 26 North America to Be the Largest Market for Green and Bio Polyols in Polyurethane Flexible Foam Application Between 2016 and 2021
Figure 27 North America to Be the Largest Market for Green and Bio Polyols in Case Application Between 2016 and 2021
Figure 28 North America to Be the Largest Market for Green and Bio Polyols in Polyurethane Rigid Foam Application Between 2016 and 2021
Figure 29 Furniture & Bedding End-Use Industry to Dominate Green and Bio Polyols Market Between 2016 and 2021
Figure 30 North America to Be the Largest Market for Green and Bio Polyols in Furniture & Bedding Industry Between 2016 and 2021
Figure 31 North America to Be the Fastest-Growing Market for Green and Bio Polyols in Automotive Industry Between 2016 and 2021
Figure 32 North America to Be the Largest Consumer for Green and Bio Polyols in Construction Industry Between 2016 and 2021
Figure 33 Europe to Be the Fastest-Growing Market for Green and Bio Polyols in Packaging Industry Between 2016 and 2021
Figure 34 North America to Be the Fastest Markets for Green and Bio Polyols in Carpet Backing Between 2016 and 2021
Figure 35 Asia-Pacific to Be the Fastest-Growing Market for Green and Bio Polyols in Others Industries Between 2016 and 2021
Figure 36 North America to Be the Fastest-Growing Market for Green and Bio Polyols, 2016–2021
Figure 37 North American Market Snapshot: the U.S. Was the Largest Green and Bio Polyols Market in 2015
Figure 38 Europe Market Snapshot: Germany to Be Largest and the Fastest-Growing Market, 2016–2021
Figure 39 Asia-Pacific Market Snapshot: China to Be the Largest and Fastest-Growing Green and Bio Polyols Market, 2016–2021
Figure 40 Middle East & Africa Market Snapshot: Saudi Arabia to Be the Largest and Fastest-Growing Market, 2016–2021
Figure 41 South America Market Snapshot: Brazil to Be the Largest and Fastest-Growing Market, 2016–2021
Figure 42 Companies Adopted Expansion as the Key Growth Strategy, 2011–2016
Figure 43 Green and Bio Polyols Market Ranking
Figure 44 Key Growth Strategies in Green and Bio Polyols Market, 2011–2016
Figure 45 Cargill Inc: SWOT Analysis
Figure 46 The DOW Chemical Company: SWOT Analysis
Figure 47 BASF SE: SWOT Analysis
Figure 48 Bayer AG: SWOT Analysis
Figure 49 Stepan Company: SWOT Analysis
Figure 50 Jayant Agro Organic Pvt. Ltd.: Company Snapshot
Figure 51 Global Bio-Chem Technology Group: Company Snapshot
Figure 52 E.I. Du Pont De Nemours & Co.: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arkema
  • Biobased Technologies LLC
  • Diester Industrie S.A.S
  • IFS Chemicals
  • Koch Industries
  • Polygreen Chemicals
  • MORE

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.

The North American region led the global green and bio polyols market, both, in terms of value and volume, in 2015. The U.S. is the largest market for green and bio polyols in North America, and accounted for a major share of the market in terms of value, in 2015. Green and bio polyols usage in construction, transportation, and for applications such as furniture, adhesives, sealants, and binders is expected to drive market growth in the region. Availability of soybean in the U.S. enables manufacturers to produce soy-based polyols which is leading to the high consumption of green and bio polyols across North America.

The global green and bio polyols market is witnessing a high growth rate but a few factors that restrain and challenge the growth of the green and bio polyols market. These are, the higher costs of green and bio polyols than those of conventional polyols, increasing crop productivity by artificial means which causes negative environmental impacts such as increase in carbon footprint and depletion of nutrients from the soil, and increasing bio raw material demand that offsets the balance between commercial crops & food crops.

Bayer AG (Germany), BioBased Technologies LLC (U.S.), BASF SE (Germany), Cargill Inc. (U.S.), and The Dow Chemical Company (U.S.), led the global green and bio polyols market. The major players are increasing their market shares and global footprint in the green and bio polyols market by adopting strategies such as new product launches and joint ventures which are expected to help them strengthen their positions in the global green and bio polyols market.

Note: Product cover images may vary from those shown
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  • 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
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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