Market Overview:
The global bio-based polyurethane market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bio-based polyurethanes from transportation & automotive, textile, construction, packaging, furniture, electronics & appliances and other applications. North America is expected to dominate the global market in terms of revenue during the forecast period. Asia Pacific is projected to be the fastest growing region during the forecast period owing to rising demand for bio-based polyurethanes from countries such as China and India.
Product Definition:
Bio-based polyurethane is a polymer made from renewable resources. It can be used to make coatings, adhesives, and sealants. Bio-based polyurethane is important because it reduces the amount of petroleum products used in manufacturing and it is biodegradable.
Flexible:
Flexible PU is a type of polyurethane that has high demand in various end-use industries such as construction, automotive and consumer goods. Flexible PU is also known as elastomeric polymer which can be categorized into flexible vinyl ester or flexible polyurethane. It’s major application includes footwear, textile & apparel, sealants & coatings and adhesives.
Semi-Rigid:
Semi-rigid polyurethane (SRI) is a type of polyurethane that has low rigid and high flexible properties. It can be used in various applications such as construction, automotive, consumer goods and packaging. The demand for semi-rigid polyurethane is expected to witness significant growth on account of its increasing application scope in the bio based PU market owing to its excellent mechanical strength coupled with sustainability features.
Application Insights:
The transportation and automotive segment led the market in 2017 accounting for more than 30.0% share of the global revenue. Rising demand for bio based polyurethane from various industries is expected to drive the product demand over the forecast period. The textile industry is one of the major consumers of PU due to its excellent moisture resistance, durability, and flexibility which makes it suitable for a wide range of fabrics used in clothing manufacture such as sportswear, casual wear etc.
Rising construction activities across developing countries are anticipated to augment market growth over the coming years owing to increasing application scope in several end-use industries such as building & construction materials, automotive components manufacturing etc.
Regional Analysis:
Asia Pacific is anticipated to witness the highest growth over the forecast period. The region has been witnessing rapid urbanization and industrialization, which in turn has led to an increase in demand for automobiles and other manufactured goods. This, in turn, is expected to drive PU demand from 2018 to 2030.
The Asia Pacific was followed by Europe with a market share of 28% in 2017 owing to high product penetration especially across major countries such as Germany and U.K., which are also major manufacturing hubs for automotive components as well as household appliances among others.
Growth Factors:
- Increasing demand from the automotive and construction industries for bio-based polyurethane products as a replacement for petroleum-based polyurethanes.
- Growing awareness about the benefits of bio-based polyurethanes over traditional petrochemical based polyurethanes among consumers, especially in developed countries.
- Stringent environmental regulations on use of petrochemical based products, which is driving the demand for bio-based alternatives such as bio-based polyurethane products.
- Technological advancements in manufacturing processes of bio-based PU that are making them more cost competitive with traditional petrochemical based PU products .
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio Based Polyurethane Market Research Report
By Type
Flexible, Semi-Rigid, Rigid
By Application
Transportation & Automotive, Textile, Construction, Packaging, Furniture, Electronics & Appliances, Other
By Companies
Huntsman, BASF SE, Dow Chemical, Covestro, Mitsui Chemicals, Lubrizol, Biobased Technologies, TSE Industries, Rampf Group, Manali Petrochemical, Huntsman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Bio Based Polyurethane Market Report Segments:
The global Bio Based Polyurethane market is segmented on the basis of:
Types
Flexible, Semi-Rigid, Rigid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation & Automotive, Textile, Construction, Packaging, Furniture, Electronics & Appliances, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Huntsman
- BASF SE
- Dow Chemical
- Covestro
- Mitsui Chemicals
- Lubrizol
- Biobased Technologies
- TSE Industries
- Rampf Group
- Manali Petrochemical
- Huntsman
Highlights of The Bio Based Polyurethane Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flexible
- Semi-Rigid
- Rigid
- By Application:
- Transportation & Automotive
- Textile
- Construction
- Packaging
- Furniture
- Electronics & Appliances
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio Based Polyurethane Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bio based polyurethane is a type of polymer that is made from renewable resources. This means that the polymer can be produced without using any harmful chemicals or pollutants.
Some of the major companies in the bio based polyurethane market are Huntsman, BASF SE, Dow Chemical, Covestro, Mitsui Chemicals, Lubrizol, Biobased Technologies, TSE Industries, Rampf Group, Manali Petrochemical, Huntsman.
The bio based polyurethane market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio Based Polyurethane Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bio Based Polyurethane Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bio Based Polyurethane Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bio Based Polyurethane Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bio Based Polyurethane Market Size & Forecast, 2020-2028
4.5.1 Bio Based Polyurethane Market Size and Y-o-Y Growth
4.5.2 Bio Based Polyurethane Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flexible
5.2.2 Semi-Rigid
5.2.3 Rigid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation & Automotive
6.2.2 Textile
6.2.3 Construction
6.2.4 Packaging
6.2.5 Furniture
6.2.6 Electronics & Appliances
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio Based Polyurethane Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bio Based Polyurethane Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flexible
9.6.2 Semi-Rigid
9.6.3 Rigid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation & Automotive
9.10.2 Textile
9.10.3 Construction
9.10.4 Packaging
9.10.5 Furniture
9.10.6 Electronics & Appliances
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flexible
10.6.2 Semi-Rigid
10.6.3 Rigid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation & Automotive
10.10.2 Textile
10.10.3 Construction
10.10.4 Packaging
10.10.5 Furniture
10.10.6 Electronics & Appliances
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flexible
11.6.2 Semi-Rigid
11.6.3 Rigid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation & Automotive
11.10.2 Textile
11.10.3 Construction
11.10.4 Packaging
11.10.5 Furniture
11.10.6 Electronics & Appliances
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flexible
12.6.2 Semi-Rigid
12.6.3 Rigid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation & Automotive
12.10.2 Textile
12.10.3 Construction
12.10.4 Packaging
12.10.5 Furniture
12.10.6 Electronics & Appliances
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flexible
13.6.2 Semi-Rigid
13.6.3 Rigid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation & Automotive
13.10.2 Textile
13.10.3 Construction
13.10.4 Packaging
13.10.5 Furniture
13.10.6 Electronics & Appliances
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bio Based Polyurethane Market: Competitive Dashboard
14.2 Global Bio Based Polyurethane Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Huntsman
14.3.2 BASF SE
14.3.3 Dow Chemical
14.3.4 Covestro
14.3.5 Mitsui Chemicals
14.3.6 Lubrizol
14.3.7 Biobased Technologies
14.3.8 TSE Industries
14.3.9 Rampf Group
14.3.10 Manali Petrochemical
14.3.11 Huntsman
