HOME Analyst Briefings Analyst Briefing Presentation on “Green Polyol & Bio Polyol Market by Type (Polyester & Polyether), Application (Rigid/flexible PU Foam, Coating, Adhesive & Sealant), End-user Construction, Transportation, Packaging, Furniture & Carpet) & Geography - Global Trends & Forecasts 2018”


Analyst Briefing Presentation on “Green Polyol & Bio Polyol Market by Type (Polyester & Polyether), Application (Rigid/flexible PU Foam, Coating, Adhesive & Sealant), End-user Construction, Transportation, Packaging, Furniture & Carpet) & Geography - Global Trends & Forecasts 2018”

The Chemicals & Materials practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Green Polyol & Bio Polyol Market by Type (Polyester & Polyether), Application (Rigid/flexible PU Foam, Coating, Adhesive & Sealant), End-user Construction, Transportation, Packaging, Furniture & Carpet) & Geography - Global Trends & Forecasts 2018” to be held on 21 Jan, 2014. The briefing will cover an overview of drivers and opportunities present in the market. It will also cover the factors limiting the growth of green & bio polyol market.

Green & bio polyols includes two different types of polyols based on the source of raw materials. Polyols using natural oils as raw materials are known as bio-based polyols. Polyols that are recycled from polyurethanes foam waste and other sources are known as green polyols or recycled polyols. Two different types of green & bio polyols based on their molecular composition that are commonly used in the industry. These are polyether polyols and polyester polyols.

The major applications of green & bio polyols include polyurethane foams (flexible & rigid), coatings, adhesives, sealants and elastomers. Polyurethane foams are the biggest consumer of green & bio polyols. The polyurethanes and CASE manufactured from green & bio polyols are consumed by the end-user industries such as construction, transportation, carpet, bedding & furniture, and packaging.

The consumption of green & bio polyols in the global markets is driven by factors such as:

  • Increasing crude oil prices leading to an increase in prices of conventional polyols
  • Consistent and adequate supply of feedstock
  • Lower environmental impact; thus, higher sustainability

However, there are certain factors that are expected to retard market growth in the near future. These are:

  • Green & bio polyols cost more than conventional polyols
  • Increasing crop productivity has an additional environmental impact Favorable regulations & abundant supply of raw materials in Asia-Pacific, growing market penetration of green & bio polyols and recycled polyols from polyurethane foam-based waste are opportunities in the green & bio polyol market

A top-down approach was used to estimate market size of green & bio polyols. The key players in the green & bio polyol market were identified through secondary research and their revenue was determined through primary and secondary research. This includes study of the annual reports of top market players. The size of the green & bio polyol market was derived from the major player’s trends and forecast is based on analysis of market trends such as pricing and consumption of green & bio polyols in various applications.

The global market for green & bio polyols in terms of revenue was estimated to be worth $1,610.3 million in 2012 and is expected to reach $3,077 million by 2018, growing at a CAGR of 10.8% from 2013 to 2018. North America dominated the global green & bio polyol, accounting for 36.8% of the global green & bio polyol consumption in 2012. Asia-Pacific is expected to be the fastest growing market in the near future owing to the availability of feedstock, low cost manufacturing capability and favorable government policies.

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