Pune, India -- (SBWIRE) -- 05/08/2018 -- Global Green and Bio Polyols Market, By Raw Material (Natural Oils and Their Derivatives, Sucrose, Carbon Dioxide, Recycled Polymers) By Type (Polyether Polyols, Polyester Polyols) By Application (Polyurethane Rigid Foam, Polyurethane Flexible Foam, Case) By End-user (Furniture & Bedding, Automotive, Construction, Packaging, Carpet Backing).

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The Global Green and Bio Polyols Market accounted for USD 3.05 billion in 2016 and is projected to grow at a CAGR of 9.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Major Market Competitors:

Some of the major players in green and bio polyols market include Cargill Inc., The DOW Chemical Company, BASF SE, Bayer AG, Stepan Company, Biobased Technologies LLC, Emery Oleochemicals, Jayant Agro Organics Pvt. Ltd., Global Bio-Chem Technology Group, E.I. Du Pont De Nemours & Co., Additional Company Profiles, Novomer, Polygreen Chemicals, Huntsman Corporation, Roquette, Mitsui Chemicals, Koch Industries, Arkema, Johnson Controls Inc., Croda, Piedmont Chemical Industries, Polylabs, Itoh Chemicals, Repsol S.A., Ifs Chemicals, Diester Industrie S.A.S and many more.

Market Definition:

Green polyols and bio polyols are eco-friendly alcohol solutions containing multiple hydroxyl groups. Green polyol is derived from recycled polyethylene terephthalate (PET) and polyurethanes, while bio polyol is extracted from different vegetable oils such as canola, castor and corn. There is a growing demand for green and bio polyols in furniture & bedding, automotive, construction, packaging and carpet backing activities, which is expected to be one of the major drivers of the market over the next seven years.

Major Market Drivers:

Eco-friendliness and sustainability of green and bio polyols
Consistent and adequate supply of feedstock
Volatility of oil and gas prices
Market Restraint:

Higher costs of bio polyols than conventional polyols
Increasing focus on commercial crop productivity has an additional environmental impact

Market Segmentation:

The green and bio polyols market is segmented on the basis of row material type into natural oils and their derivatives, sucrose, carbon dioxide and recycled polymers.

On the basis of type, the market is segmented into polyether polyols and polyester polyols.

On the basis of application, the market is segmented into polyurethane rigid foam, polyurethane flexible foam and case.

On the basis of application, the market is segmented into furniture & bedding, automotive, construction, packaging, and carpet backing.

On the basis of geography, the green and bio polyols market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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Competitive Landscape:

The global green and bio polyols market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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