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Bio-based Polyols Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Bio-based Polyols Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Bio-based Polyols Market: By Type (Polyether Polyols, Polyester Polyols), By Application (Polyurethane Rigid Foam, Polyurethane Flexible Foam, CASE), By End-User (Furniture & Bedding, Automotive, Packaging, Carpet Backing, Others) and by Geography

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Report

Description

Bio-based Polyols Market size was valued at USD 3,472.9 million in 2021. It is expected to reach a value of USD 6,307.9 million by 2028, growing at a CAGR of 8.9% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Bio-based Polyols Market, which has been segmented by type, application, and end user. By type, the Bio-based Polyols market has been segmented into Polyether Polyols, Polyester Polyols. The Polyether Polyols segment is likely the most significant and fastest-growing in terms of type. By application, the Bio-based Polyols market has been segmented into Polyurethane Rigid Foam, Polyurethane Flexible Foam, and CASE. The Polyurethane Flexible Foam segment holds a significant revenue share in the market. Based on the end user, the Bio-based Polyols are segmented into Furniture & Bedding, Automotive, Packaging, Carpet Backing, and Others. According to precision business insights, the Furniture & Bedding segment is predicted to register the fastest growth rate during the forecast period.

 

Key development:

In September 2021, Dow Polyurethanes, a Dow business division, and Orrion Chemicals Orgaform, in collaboration with Eco-mobilier, H&S Anlagentechnik, and The Vita Group, opened a pioneering mattress recycling plant as part of the RENUVA programme..

Bio-based Polyols Market

MARKET SUMMARY
-
8.9% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 8.9%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Bio-based Polyols Market

  • The bio-based polyols market report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa.
  • The bio-based polyols market is segmented based on grade, application, and geography.
Key Players
  • Novomer
  • BASF SE
  • Bayer AG
  • Cargill, Inc.
  • Koch Industries
  • Mitsui Chemicals
Bio-based Polyols Market Dynamics

One of the main factors propelling the growth of the bio polyols market is the rising demand for these materials in the construction and automotive sectors. Many vehicle parts, including side skirts, wiper cowls, and others, are made using polyurethane foams. The demand for automobile cars has also expanded concurrently, benefiting market expansion.

North-America Got Significant Share

bio-based polyols market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share and forecast from 2022-2028
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
Bio-based Polyols Market Segmentation

segmentation-block-image

By Type

    • Polyether Polyols,
    • Polyester Polyols
segmentation-block-image

By Application

    • Polyurethane Rigid Foam,
    • Polyurethane Flexible Foam,
    • CASE
segmentation-block-image

By End-User

    • Furniture & Bedding,
    • Automotive,
    • Packaging,
    • Carpet Backing,
    • Others
Location

GEOGRAPHY

Frequently Asked Questions

The CAGR of the bio-based polyols market is 8.9% over the forecast period (2022 – 2028)

 

 

 

 

 

The major players in the global Bio-based Polyols market are Novomer, BASF SE, Bayer AG, Cargill, Inc., Koch Industries, Mitsui Chemicals, Emery Oleochemicals, Huntsman Corporation, DOW Chemical Company, Biobased Technologies LLC, Harima Chemicals Group, Inc., and Global Bio-Chem Technology Group.

 

 

​​The North American market is expected to witness the largest market share during the forecast period.

Report

Table Of Content

1. Executive Summary
2. Global Bio-based Polyols Market Introduction
2.1. Global Bio-based Polyols Market – Taxonomy
2.2. Global Bio-based Polyols Market –Definitions
2.2.1. By Type
2.2.2. By Application
2.2.3. By End User
2.2.4. By Region
3. Global Bio-based Polyols Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Bio-based Polyols Market Dynamic Factors – Impact Analysis
3.6. Global Bio-based Polyols Market – Competition Landscape
4. Global Bio-based Polyols Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Bio-based Polyols Market, By Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
5.1. Polyether Polyols
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Polyester Polyols
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Bio-based Polyols Market, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
6.1. Polyurethane Rigid Foam
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Polyurethane Flexible Foam
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. CASE
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Bio-based Polyols Market Forecast, By End User, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
7.1. Furniture & Bedding
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Automotive
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Packaging
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Carpet Backing
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Others
7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
8. Global Bio-based Polyols Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Bio-based Polyols Market – Opportunity Analysis Index, By Type, By Application, By End User, and Region, 2022 – 2028
9. North America Bio-based Polyols Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Polyether Polyols
9.1.2. Polyester Polyols
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Polyurethane Rigid Foam
9.2.2. Polyurethane Flexible Foam
9.2.3. CASE
9.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Furniture & Bedding
9.3.2. Automotive
9.3.3. Packaging
9.3.4. Carpet Backing
9.3.5. Others
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Bio-based Polyols Market – Opportunity Analysis Index, By Type, By Application, By End User and Country, 2022 – 2028
9.6. North America Bio-based Polyols Market Dynamics – Trends
10. Europe Bio-based Polyols Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Polyether Polyols
10.1.2. Polyester Polyols
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Polyurethane Rigid Foam
10.2.2. Polyurethane Flexible Foam
10.2.3. CASE
10.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Furniture & Bedding
10.3.2. Automotive
10.3.3. Packaging
10.3.4. Carpet Backing
10.3.5. Others
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Benelux
10.4.8. Rest of Europe
10.5. Europe Bio-based Polyols Market – Opportunity Analysis Index, By Type, By Application, By End User and Country, 2022 – 2028
10.6. Europe Bio-based Polyols Market Dynamics – Trends
11. Asia-Pacific Bio-based Polyols Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Polyether Polyols
11.1.2. Polyester Polyols
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Polyurethane Rigid Foam
11.2.2. Polyurethane Flexible Foam
11.2.3. CASE
11.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Furniture & Bedding
11.3.2. Automotive
11.3.3. Packaging
11.3.4. Carpet Backing
11.3.5. Others
11.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Bio-based Polyols Market – Opportunity Analysis Index, By Type, By Application, By End User and Country, 2022 – 2028
11.6. Asia-Pacific Bio-based Polyols Market Dynamics – Trends
12. Latin America Bio-based Polyols Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Polyether Polyols
12.1.2. Polyester Polyols
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Polyurethane Rigid Foam
12.2.2. Polyurethane Flexible Foam
12.2.3. CASE
12.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Furniture & Bedding
12.3.2. Automotive
12.3.3. Packaging
12.3.4. Carpet Backing
12.3.5. Others
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Bio-based Polyols Market – Opportunity Analysis Index, By Type, By Application, By End User and Country, 2022 – 2028
12.6. Latin America Bio-based Polyols Market Dynamics – Trends
13. Middle East and Africa Bio-based Polyols Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Polyether Polyols
13.1.2. Polyester Polyols
13.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Polyurethane Rigid Foam
13.2.2. Polyurethane Flexible Foam
13.2.3. CASE
13.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Furniture & Bedding
13.3.2. Automotive
13.3.3. Packaging
13.3.4. Carpet Backing
13.3.5. Others
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Bio-based Polyols Market – Opportunity Analysis Index, By Type, By Application, By End User and Country, 2022 – 2028
13.6. MEA Bio-based Polyols Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. BASF SE
14.2.2. Bayer AG
14.2.3. Biobased Technologies LLC
14.2.4. Cargill, Inc.
14.2.5. DOW Chemical Company
14.2.6. Harima Chemicals Group, Inc.
14.2.7. Emery Oleochemicals
14.2.8. Global Bio-Chem Technology Group
14.2.9. Huntsman Corporation
14.2.10. Koch Industries
14.2.11. Mitsui Chemicals
14.2.12. Novomer
15. Research Methodology
16. Key Assumptions and Acronyms
Report

Company Profile

  • Novomer
  • BASF SE
  • Bayer AG
  • Cargill, Inc.
  • Koch Industries
  • Mitsui Chemicals
  • Emery Oleochemicals
  • Huntsman Corporation
  • DOW Chemical Company
  • Biobased Technologies LLC
  • Harima Chemicals Group, Inc.
  • Global Bio-Chem Technology Group

Description

Bio-based Polyols Market size was valued at USD 3,472.9 million in 2021. It is expected to reach a value of USD 6,307.9 million by 2028, growing at a CAGR of 8.9% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Bio-based Polyols Market, which has been segmented by type, application, and end user. By type, the Bio-based Polyols market has been segmented into Polyether Polyols, Polyester Polyols. The Polyether Polyols segment is likely the most significant and fastest-growing in terms of type. By application, the Bio-based Polyols market has been segmented into Polyurethane Rigid Foam, Polyurethane Flexible Foam, and CASE. The Polyurethane Flexible Foam segment holds a significant revenue share in the market. Based on the end user, the Bio-based Polyols are segmented into Furniture & Bedding, Automotive, Packaging, Carpet Backing, and Others. According to precision business insights, the Furniture & Bedding segment is predicted to register the fastest growth rate during the forecast period.

 

Key development:

In September 2021, Dow Polyurethanes, a Dow business division, and Orrion Chemicals Orgaform, in collaboration with Eco-mobilier, H&S Anlagentechnik, and The Vita Group, opened a pioneering mattress recycling plant as part of the RENUVA programme..

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