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3. Worldwide consumption of Green and Bio Polyols

A product of sustainable chemistry, green & bio polyols are finding an increased acceptance among global consumers as a befitting substitute of conventional crude-based polyols. Green & bio polyols enjoy advantages such as abundant availability of raw materials, increasing prices of conventional polyols owing to increasing crude oil prices and higher sustainability as they use natural oils and polyurethane foam waste as feedstock.

This market intelligence report on “Green & Bio Polyols” makes an effort to estimate the market for each of the different types of green & bio polyol by application, end-user industry for major geographies in both revenue and volume.

There are two different routes or methods of obtaining bio polyols from natural oil or bio based sources. These are:

• Epoxidation of vegetable oils
• Various functionalization reactions of vegetable oils

The report categorizes green & bio polyols into two different types. These are polyester polyols and polyether polyols.

The global consumption for polyether polyol was estimated at 144.3 kilotons in 2012. Polyether polyols have an ether linkage and hydroxyl group for termination. These are conventionally produced using propylene, ethylene, or butylene oxide and hence also known as epoxide based polyols. They are also known as polymeric polyols due to their use in manufacturing primarily polyurethanes.

The global consumption for polyester polyols is expected to reach 874.4 kilotons by 2018. Polyester polyols are manufactured by condensation of diols (or glycols) and dicarboxylic acids. The majorly used dicarboxylic acids are adipic acid and pthalic acid. Adipic acid is used when flexible foams are to be produced and pthalic when rigid foams are needed.

Emery Oleochemicals (H) SDN BHD (Malaysia), Cargill Inc. (U.S.), Mitsui Chemicals (Japan), Johnson Controls Inc. (U.S.), BASF SE (Germany) etc are major manufacturers of bio-based polyols and Petopur GmBH (Germany), Rampf Ecosystems (Germany), etc. are leading manufacturers of green/recycled polyols.

Related Reports:

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
https://www.marketsandmarkets.com/Market-Reports/green-and-bio-polyols-market-1175.html

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