#Green and Bio Polyols Market Outlook

[chemicalsmaterialsnews]

Green and Bio Polyols Market Will Touch USD 9.3 Billion by 2030

As per a statement by a market research institution, P&S Intelligence, the green and bio polyols market generated a value of USD 4.6 billion in 2022, and it will advance at a 9.3% compound annual growth rate, to touch USD 9.3 billion, by 2030.

The growth in the green and bio polyols industry is mainly attributed to the increasing environmental consciousness and severe government rules that are intended at decreasing the consumption of polyols created from petroleum.

Based on raw material, in 2022, the natural oils and their derivatives category accounted for the largest revenue in the industry of green and bio polyols, at USD 1,378 million, and it will remain the largest in the years to come. This is attributed to the fact that polyols are extensively prepared from palm oil, rapeseed oil, soybean oil, castor oil, and sunflower oil.

In 2022, the woodworking category generated the highest revenue in the industry of green and bio polyols, of USD 1,470 million, and it will remain highest throughout this decade. This is attributed to the fact that wooden items are utilized in every household, and also for packaging and also in cars.

The utilization of these products is increasing because of the increasing construction expenses in the U.S., with several residential buildings, corporate offices, resorts & hotels, retail spaces, and outdoor recreation arenas under development.

[medicaldevicesindustrynews]

Green and Bio Polyols Market Will Touch USD 9.3 Billion by 2030

As per a statement by a market research institution, P&S Intelligence, the green and bio polyols market generated a value of USD 4.6 billion in 2022, and it will advance at a 9.3% compound annual growth rate, to touch USD 9.3 billion, by 2030. The growth in the green and bio polyols industry is mainly attributed to the increasing environmental consciousness and severe government rules that are…

[priteshwemarketresearch]

Aliphatic Polyester Polyols Market  Share, Size, Type, Demand, Overview Analysis, Trends, Opportunities, Key Growth, Development and Forecasts 2024 to 2034

The Aliphatic Polyester Polyols Market: Trends, Opportunities, and Future Outlook

In the evolving landscape of materials science, Polyester Polyols Market are garnering increasing attention for their versatility and sustainable advantages. As industries seek greener and more efficient solutions, these polyols are proving to be a significant player in various applications. In this blog, we’ll delve into the current trends, opportunities, and future outlook of the aliphatic polyester polyols market.

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What Are Aliphatic Polyester Polyols?

Aliphatic polyester polyols are a class of polyols used primarily in the production of polyurethanes. These compounds are derived from aliphatic diols and dicarboxylic acids, making them more stable and resistant to UV degradation compared to their aromatic counterparts. Their unique chemical structure allows them to offer excellent mechanical properties, flexibility, and chemical resistance.

Current Market Trends

Growing Demand in Sustainable Applications: As industries pivot towards sustainability, the demand for eco-friendly materials has surged. Aliphatic polyester polyols, often derived from renewable resources, are at the forefront of this trend. Their biodegradability and reduced environmental impact make them a preferred choice for green applications.

Expansion in Automotive and Construction Sectors: The automotive and construction industries are major consumers of aliphatic polyester polyols. In automotive applications, these polyols contribute to the production of durable, lightweight, and energy-efficient materials. In construction, they are used in coatings, adhesives, and sealants, providing enhanced performance and longevity.

Technological Advancements: Innovations in production technologies are driving the market forward. Advances in catalytic processes and polymerization techniques are improving the efficiency and cost-effectiveness of aliphatic polyester polyol production. These advancements are making these polyols more accessible for a broader range of applications.

Rise of Customization and Specialty Products: There is a growing trend towards customized solutions tailored to specific industry needs. Manufacturers are developing specialty aliphatic polyester polyols with unique properties, such as enhanced fire resistance or superior elasticity, to meet the diverse requirements of various sectors.

Aliphatic Polyester Polyols Market Opportunities in the Market

Increasing Use in Eco-Friendly Products: With the global push for sustainability, aliphatic polyester polyols are poised to capture a larger market share in eco-friendly products. Their use in bio-based polyurethane systems aligns with regulatory pressures and consumer preferences for greener alternatives.

Growth in Emerging Markets: Emerging economies are experiencing rapid industrialization, leading to increased demand for advanced materials. Regions such as Asia-Pacific and Latin America offer significant growth opportunities for aliphatic polyester polyols, driven by expanding construction and automotive sectors.

Development of New Applications: The versatility of aliphatic polyester polyols opens doors to new applications. For instance, their use in medical devices and packaging materials is expanding as industries recognize their benefits in terms of safety and performance.

Collaborations and Partnerships: Strategic alliances between polyol manufacturers and end-user industries can facilitate market growth. Collaborations can lead to the development of innovative products and technologies, enhancing the overall market potential.

Future Outlook

The future of the aliphatic polyester polyols market looks promising, with several factors driving growth:

Sustainability Trends: As sustainability becomes a central focus for industries worldwide, the demand for aliphatic polyester polyols is expected to rise. Their environmental benefits align with global trends towards reducing carbon footprints and increasing the use of renewable resources.

Technological Innovations: Ongoing research and development in polymer chemistry and production technologies will likely enhance the properties and reduce the costs of aliphatic polyester polyols. This will broaden their application range and improve their competitiveness in the market.

Regulatory Support: Supportive regulatory frameworks for sustainable and eco-friendly materials will further boost the adoption of aliphatic polyester polyols. Governments and organizations promoting green chemistry and environmental regulations will play a crucial role in shaping the market dynamics.

Increased Market Penetration: As awareness grows about the benefits of aliphatic polyester polyols, their market penetration is expected to increase. Educational initiatives and market outreach efforts will play a key role in driving adoption across various industries.

Aliphatic Polyester Polyols Industry: Regional Analysis

Asia Pacific Market Forecast

With over 45% of the Aliphatic Polyester Polyols Market share in 2023, Asia Pacific is the dominant region in the Aliphatic Polyester Polyols market. The need for aliphatic polyester polyols is being driven by the rapid industrialization of several industries, including electronics, construction, and automotive, especially in China, India, and Japan. Polyester polyols are widely used in the production of polyurethane products, which are mostly manufactured in Asia. Urbanization and rising disposable incomes drive up demand for consumer products and infrastructural development, which accelerates market expansion.

Frequently Asked Questions

·         What is the market size of Aliphatic Polyester Polyols Market in 2024?

·         What is the growth rate for the Aliphatic Polyester Polyols Market?

·         Which are the top companies operating within the market?

·         Which region dominates the Aliphatic Polyester Polyols Market?

Conclusion

The aliphatic polyester polyols market is on a Trajectory of Growth driven by sustainability trends, technological advancements, and expanding applications. As industries continue to seek innovative and eco-friendly solutions, aliphatic polyester polyols are set to play a pivotal role in shaping the future of materials science. With ongoing developments and a positive outlook, stakeholders in the market have much to look forward to in the coming years.

[downincmi]

Itaconic Acid Market Analysis: Key Insights and Future Outlook

Introduction Methylenesuccinic acid is an organic dicarboxylic acid produced as an intermediate metabolite by certain fungi during glucose fermentation. With the chemical formula C5H6O4, methylenesuccinic acid has two carboxyl groups that make it highly reactive and versatile for chemical applications. Its production from renewable biomass via fermentation also makes methylenesuccinic acid attractive as a sustainable building block. Applications in Specialty Polymers One major use of itaconic acid is in the production of specialty polymers. Its two carboxyl groups allow it to act as a comonomer in polymerization reactions. When copolymerized with acrylic acid or other monomers, methylenesuccinic acid introduces desirable properties like hydrophilicity, permeability, and acidity into the final polymers. Such methylenesuccinic acid copolymers find widespread use as superabsorbents in hygiene products, thickeners in industrial applications, and biodegradable materials. They are also being explored for new applications in fuel cells, adhesives, coatings and ion-exchange resins. Intermediate for Synthetic RESINS Besides direct applications, methylenesuccinic acid also enables the production of many important intermediates and final products. It undergoes thermal decarboxylation to form styrene, a precursor to polystyrene plastics. Via acidolysis with polyols, methylenesuccinic acid can make reactive polyester resins used as binders, coatings or matrices. Dimerization to produce citraconic anhydride opens new routes for epoxy and alkyd resins essential to paints, varnishes and construction materials. With techniques like selective hydrogenation, methylenesuccinic acid can even yield substituted furan derivatives and other platform chemicals with wide scope in the agrochemical and pharmaceutical industries. Sustainable Chemical Building Block As industries transition towards renewable, sustainable bio-based options, itaconic acid displays immense potential. It serves as an ideal building block - with its versatile functional groups, biodegradability, and production from abundant biomass. Global production capacities are scaling up to serve diversifying applications. Meanwhile, metabolic engineering pushes yields and titers higher. Methylenesuccinic acid exemplifies how sustainable biomanufacturing and green chemistry principles can yield platform chemicals previously derived from petrochemicals. This opens up new pathways for more environmentally benign products meeting society's needs well into the future.

[esglatestmarketnews]

Bio-based Polyurethane Market Driving Factors And Highlights of The Market by 2028

Bio-based Polyurethane Industry Overview

The global bio-based polyurethane market size was valued at USD 34.73 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2021 to 2028.

Factors, such as the rising number of green building construction projects and increasing product demand from the automotive industry, boost the market growth. Bio-based polyurethane (PU) coatings are utilized in construction, wood, textile, automotive, and other end-uses to improve the appearance and durability of a product. Bio-based polyurethane resins are derived from the reaction of natural oils, such as castor, soybean, and sunflower, with diisocyanates. These resins are utilized for various applications, such as rigid and flexible foams, coatings, adhesives, sealants, elastomers, membranes, and fibers across end-use industries including automotive, building & construction, electrical & electronics, packaging, and consumer goods.

To cater to the rising demand for green buildings, bio-based polyurethane foams are being utilized as an efficient insulation material, leading to higher energy savings. These foams are widely used in spray form for sealing the holes, cracks, joints, and boding other building materials, ultimately reducing the amount of conditioning or heat required inside the building. On the other hand, low prices of conventional polyurethane are keeping bio-based polyurethane from achieving competitive pricing, which may hamper the market growth.

Gather more insights about the market drivers, restrains and growth of the Global Bio-based Polyurethane Market

However, increasing concerns regarding toxic issues pertaining to petrochemicals along with depleting crude oil reserves have been driving the development of bio-based polymers like bio-based polyurethane. Regulations imposed by most governments restricting the consumption of petroleum-based plastics in certain end-uses like medical devices are expected to further incentivize the production of bio-based polyurethane during the forecast period.

Major players continuously use technological advancements for introducing new, advanced products. For instance, in September 2020, Covestro AG teamed up with FoamPartner, a Swiss company, to develop foams that are partially based on CO2. Carbon dioxide is used as a raw material to produce polyol instead of fossil raw materials, such as crude oil. CO2 polyol available under the Cardyon brand name is used as a raw material by FoamPartner to produce polyurethane foams for various parts used in the vehicle interior.

Browse Through Grand View Research’s Plastics, Polymers And Resins Industry Research Reports.

• Aroma Chemicals Market: The global aroma chemicals market size was valued at USD 5.2 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.5% from 2021 to 2028. The demand for the product is anticipated to be driven by increased consumption of flavors and fragrance products in the food and beverages, soaps and detergents, and cosmetics and toiletries industries.

• Chloroprene Rubber Market: The global chloroprene rubber market size was valued at USD 985.17 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2021 to 2028. The growth of this market is directly proportional to the growth of the automotive and construction industries.

Bio-based Polyurethane Market Segmentation

Grand View Research has segmented the global bio-based polyurethane market based on product, end-use, and region:

Bio-based PU Product Outlook (Volume, Tons; Revenue, USD Thousand, 2017 – 2028)

• Rigid Foam

• Flexible Foam

• Coatings, Adhesives, & Sealants

• Others

Bio-based PU End-use Outlook (Volume, Tons; Revenue, USD Thousand, 2017 – 2028)

• Automotive

• Building & Construction

• Consumer Goods

• Electrical & Electronics

• Packaging

• Others

Bio-based PU Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2017 – 2028)

• North America

• Europe

• Asia Pacific

• Central & South America

• Middle East & Africa

Key Companies profiled:

Some prominent players in the Global Bio-based Polyurethane Market include

• BASF SE

• MCNS

• RAMPF Holding GmbH & Co. KG

• Covestro AG

• Cargill, Inc.

• Huntsman International LLC

• MCPU Polymer Engineering LLC

• WeylChem International GmbH

Order a free sample PDF of the Bio-based Polyurethane Market Intelligence Study, published by Grand View Research. 

[deafeningmoonmusic]

Green and Bio Polyols Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Green and Bio Polyols Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Polyol is a type of alcohol which contains multiple hydroxyl groups. Green polyols are derived from polyurethanes and polyethylene terepthalate. Bio polyols or Natural oil polyols (NOPs) are derived from oils such as canola oil, castor oil, coconut oil, corn oil, rapeseed oil, palm oil, and soya bean oil. Increasing cost of petrochemical feedstock, public desire, and regulatory pressure for environment friendly products, which reduce the carbon footprint are the major growth drivers of green and bio polyols market. The demand for green and bio polyols is majorly due to its requirement in several industries such as packaging, construction, automotive, furniture, and bedding. Green and bio polyols are mainly utilized for the synthesis of polyurethane, which is further used for making coatings and foam. Furniture and construction industry is expected to increase the growth of green and bio polyols.

Green and Bio Polyols-Market Taxonomy

Based on Raw Materials, the green and bio polyols market is segmented into:

Natural Oils and Their Derivatives

Sucrose

Carbon Dioxide

Recycled Polymers

Based on Product type, green and bio polyols market is segmented into:

Polyether Polyols

Polyester Polyols

Based on Application, green and bio polyols market is segmented into:

Foam

Polyurethane Rigid Foam

Polyurethane Flexible Foam

Coatings

Adhesives

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Major Keyplayers: Arkema S.A., Bayer AG, BioBased Technologies LLC, BASF SE, Cargill Inc., The Dow Chemical Company, Stepan Company, Emery Oleochemicals (M) Sdn Bhd

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[jaydenh24]

Flexible Foam Market 2021 with (Covid-19) Impact Analysis: Growth, Latest Trend Analysis and Forecast 2027

However, the fluctuation in the prices of raw materials and discharge of hazardous air pollutants during manufacturing process are likely to act as key restraints towards flexible foam market growth rate in the forecast period of 2021 to 2028, whereas the environmental impacts due to restricted raw materials can challenge the growth of the flexible foam market in the above mentioned forecast period.

The flexible foam market size is expected to grow at a compound annual growth rate of 5.95% for the forecast period of 2021 to 2028. Data Bridge Market Research report on flexible foam market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

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Flexible foam is a type of a processed polymer or plastic composed of hydrocarbons and other organic units which are joined together with urethane links. These foams are used in automotive, furniture, upholstery among others. 

The rapid expansion in packaging industry is expected to influence the growth of the flexible foam market. In line with this, the versatile and unique physical properties and rise in the end user applications are also anticipated to act as key determinants favoring the growth of the flexible foam market over the forecast period of 2021 to 2028. Also the, rise in the utilization of thermal insulation in the construction industry and strong outlook in furniture and bedding industry are also expected to positively impact the growth of the flexible foam market. The major factor accountable for the growth of the market is the high growth in the automotive and transportation industry.

Furthermore, the rapid development of bio-based and carbon di oxide based polyols and emerging economies are expected to offer a variety of growth opportunities for the flexible foam market in the above mentioned forecast period.

This flexible foam market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the flexible foam market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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The flexible foam market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

Based on type, the flexible foam market is segmented into polyurethane (PU), polyethylene (PE), polypropylene (PP), silicone, ethylene-vinyl acetate (EVA), melamine, polyvinylidene fluoride (PVDF) and others. Polyurethane (PU) has further been segmented into polyester and polyether. Polyethylene (PE) has further been segmented into cross linked and non-cross linked.

The application segment for flexible foam market is segmented into furniture and bedding, transportation, packaging, construction, consumer goods and others. Transportation has further been segmented into automotive, railway and aerospace. Consumer goods have further been segmented into clothing and footwear and household and personal care.

The flexible foam market is analyzed and market size, volume information is provided by country, type and application as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Asia-Pacific leads the flexible foam market because of the high demand for the product from the different end user industries as well as the rise in the green building technologies penetration in construction sector along with rapid growth in the automotive industry.  North America is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to high demand for the demand from the consumer goods sector along with rapid industrialization.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The flexible foam market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flexible foam market.

The major players covered in the flexible foam market report are Arkema, BASF SE, Dow, ARMACELL LLC, Sealed Air, Bayer AG, 3M, Recticel NV/SA, Rogers Corporation, Huntsman International LLC., Covestro AG, Total, Zotefoams plc, Sekisui Alveo, Woodbridge, Trelleborg Marine and Infrastructure, UBE INDUSTRIES, LTD., UFP Technologies, Inc., Mitsui Chemicals, Inc., and JSP among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Flexible Foam Market, By Type (Polyurethane (PU), Polyethylene (PE), Polypropylene (PP), Silicone, Ethylene-Vinyl Acetate (EVA), Melamine, Polyvinylidene Fluoride (PVDF), Others), Application (Furniture and Bedding, Transportation, Packaging, Construction, Consumer Goods, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

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[thetejasamale]

Polyurethane Industry: Analysis, Size, Growth, Trends, Demand, Key Player profile and Regional Outlook by 2022

Global Polyurethane Market Players:

The major key players of this market are: BASF SE (Germany), The Dow Chemical Company (U.S), Huntsman Corporation (U.S), Tosoh Corporation (Japan), Covestro AG (Germany), DIC Corporation (JAPAN), Eastman Chemical Company (U.S.)

Segmentation:

The global polyurethane market is majorly segmented on the basis of product and end user industry. Based on product, polyurethane market is segmented into rigid foam, flexible foam, coatings, adhesives & sealants, elastomers, others. Based on end user industry of polyurethane, the market is segmented into construction, furniture, automotive, electronics appliances, footwear, packaging, others.

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Polyurethane consist of organic units including di-isocyanates, tri- isocyanates and polyols. The foam and non-foam polyurethane further modified by using surfactants. They are also known as thermosetting polymers which do not melts on heating. Growing importance of energy conservation due to volatile in prices of crude oil is anticipated to drive the polyurethane market growth. Increasing demand of high performance and lightweight interior components, cushion foams in automotive parts to foster energy saving will fuel the demand for polyurethane market growth.

Based on types, Polyurethane is segmented into rigid foam, flexible foam, coatings, adhesives & sealants, elastomers, others. Growing importance of energy conservation along with reduction of carbon emission is expected to propel the product demand. Rigid foam is widely used in insulations in construction industry. The need to increase building energy efficiency are the key properties helping the rigid foam market to grow in coming years. Flexible foam is leading product segment owing to structural stability in construction and electronic appliances. Elastomers polymers not only offer benefits of plastics & rubber but also provide self-healing properties which also expected to contributed the market growth. The material possesses following properties such as high flexibility and strong impact & shock resistance for high performance applications in automotive industry. Development of eco-friendly coatings and bio-based polyurethane for green buildings is anticipated to drive the polyurethane market in developed regions.

Based on end user industry, Polyurethane is segmented into construction, furniture, automotive, electronics appliances, footwear, packaging, others. Construction industry is leading industry in polyurethane market. Increase in government spending in infrastructure has led overall development of construction industry in emerging economies. Thus, this remains key factors for driving the product consumption in insulations and sealants applications. Further, increase in consumer spending in interiors and furniture which is also consuming product in upholstery and other applications drives the polyurethane market growth.

Technological advancement in automotive and furniture has shifted the need for polyurethane owing to its superior properties. Moreover, changing preferences of consumer is driving the demand for polyurethane market. Growing concern of lightweight material in automotive sector is anticipated drive the polyurethane over the forecasted horizon. Growing infrastructure activities coupled with interior designing is also anticipated to drive the polyurethane market.

Regional analysis:

The APAC region Polyurethane market is expected to grow owing to rise in per captia income, changing lifestyle and growth expansion of middle class people in emerging economies. China being largest producer and consumer of polyurethane dominates owing to skilled labor, easy availability of raw materials and lenient government regulations. China, India, Brazil and Indonesia are expected to drive the market demand owing robust industry growth. Growing demand of adhesives and sealants in low income households for energy efficiency has also propel the demand of polyurethane market growth.

Europe witnessed a significant growth owing to being prominent player of automobile sector and consumer appliances. After economic downturn, the government is focusing more on bio-based products and low cost products with high durable quality. Hence, the polyurethane market is expected to grow in this region.

North America witnessed a slow growth owing to stringent regulations by government regarding carbon emission and sustainable greener environment.

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[medicalnewstoday]

Global Bio Based Leather Market research Healthy Pace throughout the Forecast during    2019 - 2029

Global Bio Based Leather Market: Introduction

Bio based material is in its nascent stage with research and developments going on to widen its use significantly due to its renewable and eco-friendly characteristics. Bio-based products are expected to grow significantly in the latter half of the forecast period. Bio based leather is composed of polyester polyols, produced from bio-based succinic acid and 1, 3-propanediol. Bio based leather fabric has 70 percent renewable content, delivers improved performance and safety for the environment.

Bio based leather provides better scratch resistance and has a softer surface as compared to other synthetic leathers. Bio based leather is phthalate-free leather, owing to this, it has approval from various governments, shielded from stringent regulations and accounts for major share in the global synthetic leather market. Primary applications of bio based leather are in footwear, bags, wallets, seat cover, and sports equipment, among others.

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Global Bio Based Leather Market: Dynamics

Inclination towards the adoption of green products coupled with increasing government regulations on polymer-based products/leathers is anticipated to propel the global bio based leather market over the forecast period. With the increase in fashion consciousness, people are more aware of the type of footwear to wear on different occasions. Further, a healthy economy and easy availability of credit, people are willing to try different things concerning luxury goods and automobiles, which can also be seen in the consumer confidence index. Catering to this demand for leather-based products, the global bio based leather market is booming at a significant growth rate.

On the flip side, an issue with a poor foundation in many developing nations. Import duties have constantly kept higher for chemicals other than their counterparts in developing nations, against the possibility of deferrals in a conveyance from ports. So the high cost of bio based leather manufacturing due to such barriers – taxes, import duties, port obligation, etc. is expected to hinder the global bio based leather market by end of the forecast period.

Environment-friendly products are being continually developed by corporate groups. Greener products are becoming an integral research & development focus area, which has emerged as a key trend for the global bio based leather market

Global Bio Based Leather Market: Segmentation  

The global bio based leather market can be segmented on the basis of application, sales channels, and regions. On the basis of applications, the global bio based leather market can be segmented as mentioned below:

Footwear & Furnishing

Automotive

Clothing

Bags & Wallets

Sports

Electronics

Others

Seat Covers & Head Rests

Door Panels

Dashboards & Rear Shelves

Steering Cover

Other Interior Trim

On the basis of sales channels, the global bio based leather market can be segmented as mentioned below:

Online

Offline

Global Bio Based Leather Market: Regional Outlook

Numerous regulation on synthetic leather in European economies is projected to act as a positive influencing factor for the Europe bio based leather market over the forecast period. New end-users who are willing to get into the goods & luxury market in different countries is expected to create opportunities for bio based leather manufacturer to cater to high volume demand for luxury goods. Furthermore, countries such as India, China, U.S., and Germany are the most important destination markets for key producers of bio based leather

Moreover, the Middle East & Africa and Latin America regions are anticipated to grow with a moderate CAGR during the forecast period.

Global Bio Based Leather Market: Industry Participants

The global bio based leather market is highly consolidated market due to the relatively low presence of small bio based leather manufactures. Few key players are identified across the value chain of the global bio based leather market which is – BioAmber Inc., Flokser A.?., DuPont Tate & Lyle Bio Products, Parexel International, Natural Fiber Welding, Atlas Hessen Biotech, and among others.

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The global bio based leather research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Global bio based leather market also contains projections using a suitable set of assumptions and methodologies. The research report on global bio based leather market provides analysis and information according to market segments such as geographies, application, and industry.

[medicaldevicesindustrynews]

Green and Bio Polyols Market: Rising Demand for Sustainable and Environment-Friendly Products

The global green and bio polyols market size is projected to be USD 9.3 billion by 2030, growing at a CAGR of 9.3%, according to P&S Intelligence. This development can be credited to the growing knowledge of environmental conversation and the government guidelines for lowering the utilization of polyols made from petroleum. The growing requirement for flexible PU or stiff foams in the…

[iapeksha]

[promarketstatistics]

Green and Bio Polyol Market Dynamics, Forecasts to 2024, Sales and Revenue Analysis Report

Green and Bio Polyol Market Report

On a global scale, the Green and Bio Polyol market is currently showing significant development. The Green and Bio Polyol market is experiencing a growth velocity due to the new product prototype versions, world market dynamics, topological variations, economic statistics, product demands and sales that is taking place in the present day. The innovative methods and market study have helped many of the major players , Cargill Inc., DOW Chemical Company, BASF SE, Bayer AG, Stepan Company, Biobased Technologies LLC, Emery Oleochemicals, Jayant Agro Organics Pvt. Ltd., Global Bio-Chem Technology Group, Dupont, to carve a name for them in the competitive market. The plethora of Green and Bio Polyol market analysis has helped detailed out each and every detail in a summary format for all the clients.

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The informative report mentions every bifurcation of the product types, end-users, regions, market segmentation, and more in depth knowledge. The geographical segmentation clearly helps to understand the development and growth of the Green and Bio Polyol market in various regions. The given Green and Bio Polyol market report provides customers with current and forecast trends.

Why Purchase this Report:

Analyzing the market outlook with the recent trends and SWOT analysis

Green and Bio Polyol Market dynamics scenario with market growth opportunities in the future

Market segmentation analysis including qualitative and quantitative research incorporating the economic and non-economic impact

global and country level market analysis integrating the demand and sales that are influencing the market growth

Market value and volume data for each segment and sub-segment

Competitive landscape involving the market share of major players, along with strategies adopted by market players in the past five years

Comprehensive company profiles covering the product offerings, recent developments, key financial information, SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis, and strategies employed by major companies.

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The key insights of the report:

The report provides key market statistics on the market status of the Green and Bio Polyol manufacturers and is an important source of guidance and direction for individuals and companies interested in the industry.

The report provides industry overview including its definition, applications and manufacturing technology.

The report presents the company profile, product specifications, production value, capacity, and 2013-2019 market shares for key market players.

The total Green and Bio Polyol market report is further divided by company, by application, by type and by country for the competitive landscape analysis.

The report estimates 2019-2024 market development trends of Green and Bio Polyol industry.

Analysis of upstream raw materials, current market dynamics and downstream demand

The report makes some important proposals for a new project of Green and Bio Polyol Industry before evaluating its feasibility.

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Green and Bio Polyols Market - Global Industry Insights, Trends,2018-2026

Polyol is a type of alcohol which contains multiple hydroxyl groups. Green polyols are derived from polyurethanes and polyethylene terepthalate. Bio polyols or Natural oil polyols (NOPs) are derived from oils such as canola oil, castor oil, coconut oil, corn oil, rapeseed oil, palm oil, and soya bean oil. Increasing cost of petrochemical feedstock, public desire, and regulatory pressure for environment friendly products, which reduce the carbon footprint are the major growth drivers of green and bio polyols market. The demand for green and bio polyols is majorly due to its requirement in several industries such as packaging, construction, automotive, furniture, and bedding. Green and bio polyols are mainly utilized for the synthesis of polyurethane, which is further used for making coatings and foam. Furniture and construction industry is expected to increase the growth of green and bio polyols.

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Polyether polyols has more demand than polyester polyols, as polyether polyols can be effectively used in production of plastic products. Also, polyurethane foam has more demand as it is used for making mattresses and spray–on foam for thermal insulation for buildings.

Green and Bio Polyols Market Outlook

North America is the largest market for green and bio polyols, owing to the demand from various furniture, interiors, construction, and automotive industry. For instance, the major automotive OEMs such as Ford, General Motors and Fiat Chrysler has invested approximately US$ 2.7 billion in USA, which in turn will significantly benefit the green and bio polyols market. Furthermore, the demand for materials that are recyclable or obtained from less polluting sources having low carbon impact has led to the substitution of crude-based polyols by green and bio polyols.

In Europe, there is a significant demand for green and bio polyols due to increasing regulatory pressure for sustainable solutions. The demand for health and comfort are driving the use of polyurethane in furniture industry which in turn is increasing the demand for green and bio polyols.

Asia pacific is the fastest growing green and bio polyols market. This can be attributed to the easier availability of raw materials, land, equipment, and skilled & cheap labor cost. The rapidly growing economies such as China and India are spending on sustainable products such as green and bio polyols. The rapid growth in electronic industry is also a major contributor for green and bio polyols. According to the union budget of 2017-18, the government of India plans to spend US$ 538.62 million on urban infrastructure development, leading to increasing demand for green and bio polyols in India.

In Latin America, Middle East, and Africa, the burgeoning growth in construction and automotive industry is leading to the rapid demand for green and bio polyols.

The companies are adopting various organic and inorganic growth strategies to sustain their market positions. The key manufacturers in green and bio polyols are Arkema S.A., Bayer AG, BioBased Technologies LLC, BASF SE, Cargill Inc., The Dow Chemical Company, Stepan Company, Emery Oleochemicals (M) Sdn Bhd, Jayant Agro-Organics Limited, Global Bio-chem Technology Group Company Limited, Johnson Controls Inc, Cargill Inc., Global Bio-Chem Technology Group Co. Ltd., Jayant Agro Organics Ltd.,   and E. I. du Pont de Nemours and Company.

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Thermoplastic Elastomer Market - Size, Share, Outlook, and Research Report 2022

The Thermoplastic Elastomers Market Global Industry Report is projected to reach USD 28.27 billion by 2022, at a CAGR of 5.2% from 2017 to 2022.

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Thermoplastic elastomers possess properties of both, plastics and elastomers. They can be molded easily at room temperature by heating them. Due to a number of properties offered by them, which include heat stability, smoothness, wear resistance, chemical resistance, and scratch resistance, they are used in different end-use industries.

Bio-based thermoplastics are the upcoming trend in the thermoplastic elastomers market. The majority of thermoplastic elastomers are conventionally compounded and manufactured from raw materials based on fossil fuels. However, increase in the environmental awareness across the globe and fluctuations in the prices of petroleum drive the thermoplastic elastomers market towards the adoption of sustainable and green programs. As such, various guidelines have been formulated and implemented in the European and North American regions for the development of environment-friendly products. These guidelines accord preferential treatment to bio-based products procured by public institutions that meet the minimum renewable raw material content standards. The bio-based thermoplastic elastomers are made using several bio-based raw materials. Some of the predominantly used raw materials for manufacturing thermoplastic elastomers include starch ranging from 30% to 50%, castor & canola oils, polyols from vegetable oils & fatty acids, and corn & soybean oils.

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The increased cost of petro-chemically derived monomeric raw materials has made bio-based thermoplastic elastomers economically competitive. Thus, the thermoplastic elastomers based on bio-renewable resources are expected to become popular during the forecast period, owing to increased awareness across the globe for environment sustainability. Among types, the thermoplastic vulcanizates (TPV) segment of the thermoplastic elastomers market is projected to grow at the highest CAGR during the forecast period. Thermoplastic vulcanizates (TPV) have excellent colorability, leading to their increased demand in developing interiors of automobiles. The growing demand for thermoplastic vulcanizates (TPV) as a replacement for polyvinyl chloride (PVC) in the healthcare industry is one of the major drivers for the growth of the thermoplastic vulcanizates (TPV) segment of the thermoplastic elastomers market. Thermoplastic vulcanizates (TPV) ensure low drug absorption. They are environment-friendly and offer optical clarity and toughness. Thermoplastic vulcanizates (TPV) are used in the manufacturing of catheters, blood bags, and disposable gloves. The growth of the thermoplastic vulcanizates (TPV) segment of the thermoplastic elastomers market can be attributed to rapidly growing automotive and medical industries in countries such as China and India of the Asia-Pacific region.

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The medical end-use industry segment of the thermoplastic elastomers market is projected to grow at the highest CAGR during the forecast period from 2017 to 2022. Thermoplastic elastomers are used in medical applications for making adhesives and sealants. Thermoplastic elastomers are used for manufacturing syringes, materials with high barrier resistance or gel-soft cushioning, seals, stoppers, vial caps, bags, bottles, films, and soft touch cushions for glucose measuring devices. They are also used for ergonomic enhancement of various medical devices and medical textile products. The increasing awareness among masses for improved quality healthcare in the Asia-Pacific region has led the growth of medical end-use industry segment of the thermoplastic elastomers market during the forecast period.

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