Chicago, IL -- (SBWIRE) -- 05/30/2017 -- Green polyols and bio polyols are eco-friendly alcohol solutions containing multiple hydroxyl groups. Green polyol is derived from recycled polyethylene terepthalate (PET) and polyurethanes, while bio polyol is extracted from different vegetable oils such as canola, castor and corn. Polyether polyols and polyester polyols are the two primary types of green polyols and bio poyols which are commonly used. These products are used in series of applications such as adhesives, sealants, coatings, and polyurethane foams (flexible & rigid). Different end-user consumers of these polyols include packaging, construction, transportation, furniture and carpet among others.

The report on the global Green and bio polyols market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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KEY PREMIUM INDUSTRY INSIGHTS

The demand for green & bio polyols market has been majorly growing from certain end user industries such as transportation and construction.

Several growth factors such as availability of raw materials and increasing prices of crude oil leading to price rise in conventional polyols have contributed to the growth of the market.

Other factors such as the lower carbon footprint have also lead to a higher sustainability for green polyols and bio polyols

However, lack of technology and desired effects as compared to conventionally used polyols is expected to slow down the growth of the green polyol and bio polyol market.

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