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Global Bio Based Polyurethane Market

  • Published Date: 27 Feb 2018
  • Number of Pages: 190
  • Category: Chemicals
  • Country: Global
Polyurethane is used in a broad range of industrial applications. They are superior in performance and versatility. Also, low cost of these product maintains its vivid applications in the market. Polyurethane is traditionally downstream derivative of crude oil. Bio based polyurethane is produced chemically by the reaction of bio based polyols with synthetic diisocyanates. Customers are starting to prefer bio based green products. It is used in applications such as coating paints, electronics, construction, vehicles, housing, furniture, etc. Polyurethane manufacturers are looking for alternatives so as to reduce carbon footprint and also improve the product quality simultaneously.

Market dynamics

One of the major factors driving this market is government regulations and policies regarding carbon footprint control. Increasing demand for environment friendly polymers is expected to remain key driver for the bio based polyurethane market. As many manufacturers are shifting towards renewable usage of materials in their products, the synthetic Polyurethane manufacturers are also following the same environment friendly methodology in their products. However, high cost of R&D activities of bio based polyurethane can act as restraint on the growth of the market. Also the growth might hinder due to complexity of technology and high manufacturing cost of bio based polymer.

Market segmentation

The global bio based polyurethane market is segmented by product type, application and region. The product type segment constitutes of flexible foams, rigid foams, CASE and others. Bio based polyurethane market is dominated by product known as Flexible Foam. This is due to its wide range of applications like thermal insulator, sports equipment, shoes soles, etc. Bio based polyurethane are classified according to applications as furniture & interiors, construction, automotive, footwear, electronics, packaging, etc.

Geographic analysis

Geographically, the market is segmented into regions Americas, APAC, Europe and ROW. APAC is the largest market share region for bio based polyurethane. It is expected to be dominant in next few years. Much of the growth is due to demand of furniture, construction, automotive, packaging, electronics etc. It is expected that Asia Pacific and Eastern Europewill have the bio based polyurethane boom in coming years due to increasing population and governments regulations.

Key players

Major manufacturers in this market are BASF, Cargill, Covestro, Dow Chemical, Hitachi Chemical, DuPont, Huntsman, SNP and others.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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