#PU-Based Elastomer Market

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Polyurethane (PU) Elastomer Market - Industry Trends and Forecast to 2029 Companies: Growth, Share, Value, Size, and Insights

"Polyurethane (PU) Elastomer Market Size And Forecast by 2029

According to Data Bridge Market Research The polyurethane (PU) elastomer market is expected to witness market growth at a rate of 5.95% in the forecast period of 2022 to 2029. 

The extensive reach of PU Rubber Market underscores its influence on a global scale. With an expanding customer base, Polyurethane (PU) Elastomer Market strengthens its market position. Through strategic partnerships, Polyurethane (PU) Elastomer Market enhances its visibility and credibility. The diverse product offerings from Polyurethane Rubber Market cater to various sectors, increasing its impact. Polyurethane (PU) Elastomer Market continues to push boundaries, broadening its market scope effectively.

Customer satisfaction remains the driving force behind Polyurethane (PU) Elastomer Market continued success. By focusing on quality and service excellence, PU-Based Elastomer Market fosters long-term relationships with consumers. The dedication of Flexible PU Elastomers Market to customer needs results in innovative solutions tailored to specific demands. PU Polymer Market constantly improves its offerings to enhance user experience. Through responsive service and continuous upgrades, Polyurethane (PU) Elastomer Market maintains high customer loyalty.

Our comprehensive Polyurethane (PU) Elastomer Market report is ready with the latest trends, growth opportunities, and strategic analysis. https://www.databridgemarketresearch.com/reports/global-pu-polyurethane-elastomer-market

**Segments**

- **By Type:** The polyurethane elastomer market can be segmented into thermoplastic polyurethane (TPU), thermosetting polyurethane (TPU), and others. TPU is expected to witness significant growth due to its versatile applications across various industries such as automotive and construction. - **By End-Use Industry:** The market can be segmented based on end-use industries like automotive, construction, footwear, industrial machinery, and others. The automotive sector is a major consumer of polyurethane elastomers, driving the market growth. - **By Region:** Geographically, the global polyurethane elastomer market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is anticipated to dominate the market due to the rapid industrialization and infrastructural developments in countries like China and India.

**Market Players**

- BASF SE: BASF is a key player in the polyurethane elastomer market, offering a wide range of innovative solutions for various industries. - The Dow Chemical Company: Dow Chemical is known for its advanced polyurethane elastomers that cater to the automotive and construction sectors. - Covestro AG: Covestro specializes in developing high-performance polyurethane elastomers for applications in electronics, furniture, and more. - Huntsman Corporation: Huntsman offers a diverse portfolio of polyurethane elastomers for end-uses such as adhesives, coatings, and sealants. - Wanhua Chemical Group Co., Ltd.: Wanhua Chemical is a leading player in the Asian market, providing polyurethane elastomers for a multitude of applications.

The global polyurethane elastomer market is witnessing substantial growth driven by the increasing demand from end-use industries such as automotive, construction, and footwear. The versatility of polyurethane elastomers, coupled with their superior physical properties like durability, flexibility, and resistance to abrasion, is propelling their adoption across various sectors. In the automotive industry, polyurethane elastomers are extensively used in manufacturing components like seals, gaskets, and suspension bushings, contributing to improved vehicle performance and efficiency. In the construction sector, polyurethane elastomers find applications in sealants, waterproof coatings, and insulation materials, enhancing the sustainability and longevity of structures. Moreover, the growing emphasis on sustainable practices and eco-friendly materials is driving the development of bio-based polyurethane elastomers, further boosting market growth.

As the market continues to evolve, key players like BASF SE, The Dow Chemical Company, Covestro AG, Huntsman Corporation, and Wanhua Chemical Group Co., Ltd. are actively investing in research and development activities to introduce advanced polyurethane elastomers with enhanced properties and performance characteristics. Strategic partnerships, acquisitions, and product launches are common strategies adopted by these market players to expand their product portfolios and strengthen their market presence. With the Asia Pacific region emerging as a key hub for industrial growth and innovation, multinational companies are focusing on expanding their operations in countries like China, India, and Japan to leverage the burgeoning opportunities in the polyurethane elastomer market.

https://www.databridgemarketresearch.com/reports/global-pu-polyurethane-elastomer-Market The global polyurethane elastomer market is poised for continued expansion as various industries increasingly recognize the benefits and applications of these versatile materials. One emerging trend in the market is the growing focus on enhancing the sustainability profile of polyurethane elastomers. With rising environmental concerns and regulatory pressures, manufacturers are investing in the development of bio-based polyurethane elastomers to meet the demand for eco-friendly solutions. This shift towards sustainability not only aligns with industry regulations but also opens up new avenues for market growth, particularly in sectors with a strong emphasis on sustainability like the automotive and construction industries.

Another significant trend in the polyurethane elastomer market is the emphasis on product innovation and customization. Companies are striving to differentiate themselves in the market by offering tailor-made solutions that meet the specific requirements of different end-use industries. Whether it is developing high-performance elastomers for electronics applications or formulating specialized coatings for industrial machinery, customization capabilities are becoming a key competitive advantage for market players. This trend is driven by the diverse needs of industries and the increasing demand for advanced materials that can deliver superior performance under challenging operating conditions.

Moreover, the ongoing technological advancements in polyurethane elastomers are reshaping the market landscape. Innovations in polymer chemistry, manufacturing processes, and additive technologies are enabling the creation of elastomers with enhanced properties such as improved strength, durability, and chemical resistance. These advancements are not only expanding the potential applications of polyurethane elastomers but also driving efficiency gains and cost savings for end-users. As companies race to stay ahead of the curve in terms of technological developments, partnerships with research institutions and collaborations across the value chain are becoming integral strategies to foster innovation and maintain a competitive edge in the market.

Looking ahead, the global polyurethane elastomer market is poised for sustained growth, fueled by a combination of factors including increasing industrialization, urbanization, and infrastructure development worldwide. As economies continue to recover from the impact of the COVID-19 pandemic, the demand for robust and reliable materials like polyurethane elastomers is expected to remain strong across key end-use industries. To capitalize on these opportunities, market players will need to stay agile, adaptive, and proactive in addressing evolving customer needs, regulatory requirements, and technological advancements. By embracing innovation, sustainability, and strategic collaborations, companies can position themselves for long-term success in the dynamic and competitive landscape of the global polyurethane elastomer market.**Segments**

Global Polyurethane (PU) Elastomer Market is segmented by type, processing methods, raw materials, additives, end-user industry, applications, and region to provide a comprehensive understanding of the market dynamics. The types of polyurethane elastomers include Thermosetting Polyurethane Elastomers and Thermoplastic Polyurethane Elastomers (TPU). Processing methods for polyurethane elastomers encompass casting, thermosetting, calendering, molding, melt processing, extrusion, spreading, solution techniques, and others. Raw materials utilized in the production of polyurethane elastomers consist of isocyanates, polyols, and curatives. Additives such as pigments, blowing agents, fillers, smoke retardants, and flame retardants play a crucial role in enhancing the properties of polyurethane elastomers. The end-user industries for polyurethane elastomers include automotive, food and beverage, packaging, aerospace, manufacturing, construction, fashion and footwear, electronics, oil and gas, among others. Applications of polyurethane elastomers span across footwear, automotive and transportation, industrial machinery, building and construction, adhesives, and sealants. The market is further segmented by country, covering regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, presenting a global outlook for the polyurethane elastomer market.

**Market Players**

- Wanhua Chemical Group Co., Ltd - Tosoh Corporation - The Lubrizol Corporation - Mitsui Chemicals, Inc - Covestro AG - Huntsman International LLC - The Dow Chemical Company - BASF SE - BSW Berleburger Schaumstoffwerk GmbH - DuPont - Bayer CropScience Limited - P+S Polyurethan-Elastomere GmbH & Co. KG - Accella Polyurethane Systems - 3M

The global polyurethane elastomer market continues to exhibit growth driven by the increasing adoption of polyurethane elastomers in various industries worldwide. As industries such as automotive, construction, and footwear recognize the versatile properties and applications of polyurethane elastomers, market players are focusing on innovation, sustainability, and customization to meet the evolving demands of customers. Key market trends include the growing emphasis on sustainability through the development of bio-based polyurethane elastomers to address environmental concerns and regulatory requirements. Additionally, product innovation and customization have become essential strategies for companies looking to differentiate themselves in the market by offering tailored solutions for specific industry needs. Technological advancements in polymer chemistry and manufacturing processes are also reshaping the market by enabling the creation of elastomers with improved properties and performance characteristics.

The key market players in the polyurethane elastomer industry are investing in research and development activities, strategic partnerships, acquisitions, and product launches to expand their product portfolios and enhance their market presence. With the Asia Pacific region emerging as a significant market due to rapid industrialization and infrastructural developments, multinational companies are leveraging opportunities in countries like China and India to establish a strong foothold in the polyurethane elastomer market. Looking ahead, the global polyurethane elastomer market is poised for sustained growth driven by factors such as increasing industrialization, urbanization, and infrastructure development worldwide. By staying innovative, sustainable, and responsive to market trends, companies can capitalize on the growing demand for polyurethane elastomers and maintain a competitive edge in the dynamic market landscape.

The market is highly fragmented, with a mix of global and regional players competing for market share. To Learn More About the Global Trends Impacting the Future of Top 10 Companies in Polyurethane (PU) Elastomer Market :   https://www.databridgemarketresearch.com/reports/global-pu-polyurethane-elastomer-market/companies

Key Questions Answered by the Global Polyurethane (PU) Elastomer Market Report:

What is the current state of the Polyurethane (PU) Elastomer Market, and how has it evolved?

What are the key drivers behind the growth of the Polyurethane (PU) Elastomer Market?

What challenges and barriers do businesses in the Polyurethane (PU) Elastomer Market face?

How are technological innovations impacting the Polyurethane (PU) Elastomer Market?

What emerging trends and opportunities should businesses be aware of in the Polyurethane (PU) Elastomer Market?

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Polyether Polyols for Polyurethane Market, Global Outlook and Forecast 2025-2032

The Polyether Polyols for Polyurethane market refers to the sector dealing with the production and utilization of polyether polyols, a critical ingredient in the manufacturing of polyurethane (PU). Polyurethanes are versatile polymers used in a wide range of applications, including foams, coatings, adhesives, sealants, and elastomers. Polyether polyols are synthesized through the polymerization of alkylene oxides such as propylene oxide or ethylene oxide, and they play a pivotal role in the flexibility, durability, and resilience of polyurethane products.

Polyether polyols are widely used in various industries, including automotive, construction, textiles, packaging, and furniture. They are particularly important in the production of flexible and rigid foams used for insulation, cushioning, and furniture padding. This market also caters to the needs of coatings and adhesives in industries such as construction and automotive, which are essential for enhancing product durability and performance.

Market Size  

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As of 2023, the global market for Polyether Polyols for Polyurethane was estimated at USD 14.91 billion and is projected to reach USD 20.56 billion by 2030, growing at a CAGR of 4.70% during the forecast period. The demand for polyether polyols is primarily driven by their increasing usage in applications like automotive and construction, where they provide energy-efficient, long-lasting solutions.

North America is a key region within this market, with the Polyether Polyols for Polyurethane market size in the region reaching approximately USD 3.89 billion in 2023. The region is anticipated to grow at a CAGR of 4.03% between 2024 and 2030, driven by the growing demand for energy-efficient building materials and the expanding automotive industry.

This market growth is bolstered by the rising demand for polyurethane-based products across various industries. Historical trends indicate a steady increase in polyurethane usage due to its versatility, while future trends suggest that innovations in sustainable production processes and material science will continue to shape the market.

Market Dynamics  

Drivers  

Increasing Demand in Automotive and Construction Sectors: The growing automotive production and construction activities are driving the need for durable and lightweight materials. Polyurethane, made with polyether polyols, is essential for producing lightweight, energy-efficient automotive parts and high-performance insulation materials for buildings.

Environmental Awareness and Sustainability: The growing demand for energy-efficient and environmentally friendly materials is fueling the use of polyurethane. Polyurethane's ability to insulate and reduce energy consumption is especially important in regions with harsh climates, further driving demand for polyether polyols.

Technological Advancements: Ongoing innovations in polyurethane applications, such as bio-based polyols and high-performance formulations, are encouraging market expansion. New manufacturing techniques are also helping reduce production costs and environmental impact.

Restraints  

Price Volatility of Raw Materials: The cost of raw materials used in the production of polyether polyols, such as propylene oxide, is highly volatile, which can affect the overall production cost and market prices. This unpredictability may hinder the growth of the market, particularly in cost-sensitive regions.

Regulatory Challenges: The polyurethane industry faces increasing scrutiny regarding its environmental footprint, particularly regarding the use of petroleum-based polyols. Stringent regulations and the push toward more sustainable products may slow down production and market expansion.

Opportunities  

Growth in Emerging Markets: The growing industrialization and urbanization in emerging markets such as China, India, and Brazil present significant growth opportunities for the polyether polyols market. These regions are witnessing an increased demand for energy-efficient building materials and automotive components.

Development of Bio-Based Polyols: As sustainability becomes a more significant concern globally, the demand for bio-based polyether polyols is increasing. Companies focusing on developing eco-friendly alternatives could see substantial growth.

Expanding Application Areas: With polyurethane’s versatility, there are emerging opportunities in newer industries such as renewable energy, electronics, and medical devices. As these sectors grow, so too will the demand for polyether polyols.

Challenges  

Sustainability and Environmental Impact: Despite innovations, polyurethane’s environmental impact, particularly in the disposal phase, remains a significant challenge. Companies are focusing on creating biodegradable alternatives, but the slow pace of adoption in some markets poses a challenge.

Competition from Alternative Materials: As new materials enter the market, polyurethane faces competition from other polymers and composite materials that are being developed to provide similar performance at a lower cost or with better sustainability credentials.

Regional Analysis  

The global Polyether Polyols for Polyurethane market is geographically diverse, with notable demand across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America: North America holds a significant share of the market, driven by high demand from the automotive and construction industries. The region’s market is expanding due to the increasing preference for energy-efficient insulation and lightweight automotive parts. The United States, in particular, is the largest consumer of polyether polyols in the region.

Europe: Europe is another key market, with countries such as Germany, the UK, and France leading the way. The European Union's focus on sustainability and energy-efficient solutions in construction and automotive sectors is fostering demand for polyether polyols.

Asia Pacific: Asia Pacific is anticipated to witness the highest growth rate during the forecast period, driven by rapid industrialization, urbanization, and a rising middle class in countries like China and India. The region’s growing manufacturing capabilities make it a key player in the global polyether polyols market.

Latin America: While the market in Latin America is still in a developmental phase, countries like Brazil are experiencing a surge in demand for energy-efficient building materials, offering promising growth opportunities.

Middle East & Africa: The demand in this region is gradually increasing, particularly in the construction and automotive sectors, as countries in the region continue to modernize their infrastructure.

North America: North America holds a significant share of the market, driven by high demand from the automotive and construction industries. The region’s market is expanding due to the increasing preference for energy-efficient insulation and lightweight automotive parts. The United States, in particular, is the largest consumer of polyether polyols in the region.

Europe: Europe is another key market, with countries such as Germany, the UK, and France leading the way. The European Union's focus on sustainability and energy-efficient solutions in construction and automotive sectors is fostering demand for polyether polyols.

Asia Pacific: Asia Pacific is anticipated to witness the highest growth rate during the forecast period, driven by rapid industrialization, urbanization, and a rising middle class in countries like China and India. The region’s growing manufacturing capabilities make it a key player in the global polyether polyols market.

Latin America: While the market in Latin America is still in a developmental phase, countries like Brazil are experiencing a surge in demand for energy-efficient building materials, offering promising growth opportunities.

Middle East & Africa: The demand in this region is gradually increasing, particularly in the construction and automotive sectors, as countries in the region continue to modernize their infrastructure.

Competitor Analysis  

The Polyether Polyols for Polyurethane market is competitive, with a mix of established players and new entrants innovating in sustainable technologies. Some of the prominent companies operating in the market include:

BASF SE

Dow Chemical Company

Huntsman International LLC

Covestro AG

Shell Chemicals

These companies focus on expanding their production capacities, forming strategic partnerships, and investing in R&D to develop advanced and bio-based polyols to meet evolving market demands. Their strategies are aimed at enhancing product quality, reducing production costs, and addressing environmental concerns associated with polyether polyol production.

Global Polyether Polyols for Polyurethane: Market Segmentation Analysis  

This report provides a deep insight into the global Polyether Polyols for Polyurethane market, covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trends, niche markets, key market drivers and challenges, SWOT analysis, value chain analysis, and more.

The analysis helps the reader shape the competition within the industry and strategies for the competitive environment to enhance potential profits. Furthermore, it provides a simple framework for evaluating and assessing the position of a business organization. The report structure also focuses on the competitive landscape of the global Polyether Polyols for Polyurethane. This report introduces in detail the market share, market performance, product situation, operation situation, etc., of the main players, which helps readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In short, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those with a stake or interest in foraying into the Polyether Polyols for Polyurethane market in any manner.

Market Segmentation (by Application)  

Rigid Foams

Flexible Foams

Coatings

Adhesives and Sealants

Elastomers

Others

Market Segmentation (by Type)  

Polyether Polyols for Rigid Polyurethane Foams

Polyether Polyols for Flexible Polyurethane Foams

Polyether Polyols for Coatings

Polyether Polyols for Adhesives and Sealants

Key Company  

BASF SE

Dow Chemical Company

Huntsman International LLC

Covestro AG

Shell Chemicals

Geographic Segmentation  

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

FAQ Section  

What is the current market size of Polyether Polyols for Polyurethane?

The global market size for Polyether Polyols for Polyurethane was estimated at USD 14.91 billion in 2023 and is expected to reach USD 20.56 billion by 2030.

Which are the key companies operating in the Polyether Polyols for Polyurethane market?

Key companies include BASF SE, Dow Chemical Company, Huntsman International LLC, Covestro AG, and Shell Chemicals.

What are the key growth drivers in the Polyether Polyols for Polyurethane market?

Growth drivers include increased demand in automotive and construction sectors, technological advancements, and a shift towards sustainable and energy-efficient solutions.

Which regions dominate the Polyether Polyols for Polyurethane market?

North America and Asia Pacific dominate the market, with North America seeing steady growth and Asia Pacific experiencing the highest growth potential due to rapid industrialization.

What are the emerging trends in the Polyether Polyols for Polyurethane market?

Emerging trends include bio-based polyols, sustainable production methods, and the development of high-performance polyurethane applications in various sectors.

Get the Complete Report & TOC @ https://www.24chemicalresearch.com/reports/287511/global-polyether-polyols-for-polyurethane-forecast-market-2025-2032-977 Table of content

Table of Contents 1 Research Methodology and Statistical Scope 1.1 Market Definition and Statistical Scope of Polyether Polyols for Polyurethane 1.2 Key Market Segments 1.2.1 Polyether Polyols for Polyurethane Segment by Type 1.2.2 Polyether Polyols for Polyurethane Segment by Application 1.3 Methodology & Sources of Information 1.3.1 Research Methodology 1.3.2 Research Process 1.3.3 Market Breakdown and Data Triangulation 1.3.4 Base Year 1.3.5 Report Assumptions & Caveats 2 Polyether Polyols for Polyurethane Market Overview 2.1 Global Market Overview 2.1.1 Global Polyether Polyols for Polyurethane Market Size (M USD) Estimates and Forecasts (2019-2030) 2.1.2 Global Polyether Polyols for Polyurethane Sales Estimates and Forecasts (2019-2030) 2.2 Market Segment Executive Summary 2.3 Global Market Size by Region 3 Polyether Polyols for Polyurethane Market Competitive Landscape 3.1 Global Polyether Polyols for Polyurethane Sales by Manufacturers (2019-2024) 3.2 Global Polyether Polyols for Polyurethane Revenue Market Share by Manufacturers (2019-2024) 3.3 Polyether Polyols for Polyurethane Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 3.4 Global Polyether Polyols for Polyurethane Average Price by Manufacturers (2019-2024) 3.5 Manufacturers Polyether Polyols for Polyurethane Sales Sites, Area Served, Product Type 3.6 Polyether Polyols for Polyurethane Market Competitive Situation and Trends 3.6.1 Polyether Polyols for Polyurethane Market Concentration Rate 3.6.2 GlobaCONTACT US: North Main Road Koregaon Park, Pune, India - 411001. International: +1(646)-781-7170 Asia: +91 9169162030

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[industryinsightsandanalysis]

1,4 Butanediol Market: Current Analysis and Forecast (2022-2028)

According to a new report published by UnivDatos Markets Insights, the 1,4 Butanediol Marketwas valued at more than USD 6.8 billion in 2020 and is expected to grow at a CAGR of around 8% from 2022-2028. The analysis has been segmented into Type (Synthetic and Bio-Based); Application (Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-butyrolactone (GBL), Polyurethane (PU), and Others); End-User (Automotive, Healthcare & Pharmaceutical, Textile, Electrical & Electronics, and Others); Region/Country.

The 1,4 butanediol market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the 1,4 butanediol market. The 1,4 butanediol market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the 1,4 butanediol market at the global and regional levels.

Market Overview

1,4 Butanediol is a clear, oily liquid that is highly soluble in water and other substances. It is used to create several different organic chemicals, including tetrahydrofuran (THF), which is subsequently used to create further chemicals that serve as intermediates in the production of spandex fibres, elastomers, and PBT resins. In addition, 1,4-butanediol is transformed into GHB in the body. GHB causes the brain to work more slowly, which can result in loss of consciousness as well as a severe slowing of respiration and other essential processes. People use 1,4-butanediol for many purposes, including increasing muscle strength, treating obesity, relieving sleeplessness, and other uses. Furthermore, it can be taken as a recreational drug with euphoric and sedative effects. The consumers refer to this recreational drug as "One Comma Four," "Liquid Fantasy," "One Four Bee," or "One Four B-D-O."

Factors such as an increasing bio-based butanediol coupled with the growing adoption of 1,4 Butanediol in the tetrahydrofuran industry, and advanced product launches in the market are some of the prominent factors that are positively influencing the market growth globally.

Some of the major players operating in the market include BASF SE, Nan Ya Plastics Corp, Sinopec Yizheng Chemical Fibre Limited, Dairen Chemical Corporation, Genomatica, Ashland Global Specialty Chemicals Inc., Mitsubishi Chemical Corporation, SK Global Chemical Co. Ltd., BioAmber Inc., Chemtura Corporation.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. COVID-19 limited the chemicals & materials industry's operations, hampering many businesses globally. Supply chain disruptions and difficulty in procuring raw materials have restrained the Butanediol market to some extent. However, the 1,4 Butanediol market overcame this challenge and regained its operations to normalcy. During the COVID-19 pandemic, people worldwide became more health-conscious and became more cautious towards the environment. People adopted bi-based Butanediol, which is boosting the 1,4 Butanediol market growth and is expected to increase its revenue in the coming years.

The global 1,4 Butanediol Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

tetrahydrofuran (THF), polybutylene terephthalate (PBT), gamma-butyrolactone (GBL), polyurethane (PU), and others. Among these, polyurethane (PU) is expected to grow with a considerable CAGR during the forecast period. This is because PU is majorly used in the manufacturing of furniture, automotive interiors, carpet underlay, packaging, coatings, adhesives, sealants, elastomers (CASE), and others. Furthermore, many major players are expanding their business scale by launching new products in the market. For instance, In July 2021, Bostik announced the launch of its new Polyurethane sealants line for the Sealing & Bonding construction markets. Hence, the growth of PU will in turn increase the 1,4 Butanediol market across the globe.

Based on end-user, 1,4 Butanediol market has been classified into automotive, healthcare & pharmaceutical, textile, electrical & electronics, and others. The textile industry is expected to grow with a robust CAGR during the forecast period. This is mainly attributed because of wearing comfortable clothing which is produced from spandex fiber. Spandex is a lightweight, soft, smooth synthetic fiber with a unique elasticity. Due to its elastic property, it is used in making stretchable clothing. In addition, the manufacturer of raw materials, yarns, fabrics, apparel, home furnishings, and other textile finished products is also further accelerating the growth of the market. Furthermore, many governments regulatory bodies are expanding the business aspect of the country by investing in different industries. For instance, in Dec 20222, according to the textile department, the Indian government set a target of Rs 36,000 crore investment in the sector.

1,4 Butanediol Market Geographical Segmentation Includes:

North America (The United States, Canada, Rest of North America)

Europe (Germany, The United Kingdom, France, Spain, Italy, Rest of Europe)

Asia-Pacific (China, India, Japan, Rest of Asia-Pacific)

Rest of the World

North America is expected to grow with a robust CAGR during the forecast period in the global market. This is mainly due to the extensive use of 1,4 Butanediol in the healthcare & pharmaceutical industry coupled with the utilization in the production of agricultural chemicals within the region. Additionally, the major uses of automotive, electrical & electronics industries employ 1,4 Butanediol and its utilization in the production of consumer appliances is further expected to drive the market growth within the region. Moreover, the high demand in the region leads to an increase in the price of the product. For instance, In April 2021, Ashland declared that the prices for 1,4-Butanediol and derivatives in North America increased by USD 0.30 per pound.

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The major players targeting the market include

BASF SE

Nan Ya Plastics Corp

Sinopec Yizheng Chemical Fibre Limited

Dairen Chemical Corporation

Genomatica

Ashland Global Specialty Chemicals Inc.

Mitsubishi Chemical Corporation

SK Global Chemical Co. Ltd.

BioAmber Inc.

Chemtura Corporation

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the 1,4 butanediol market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the 1,4 butanediol market?

• Which factors are influencing the 1,4 butanediol market over the forecast period?

• What are the global challenges, threats, and risks in the 1,4 butanediol market?

• Which factors are propelling and restraining the 1,4 butanediol market?

• What are the demanding global regions of the 1,4 butanediol market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

About UnivDatos Market Insights

UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

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[spookysaladchaos]

Global Top 15 Companies Accounted for 39% of total Waterproof Fabrics market (QYResearch, 2021)

Waterproof fabrics are fabrics that are inherently, or have been treated to become, resistant to penetration by water and wetting. They are usually natural or synthetic fabrics that are laminated to or coated with a waterproofing material such as rubber, polyvinyl chloride (PVC), polyurethane (PU), silicone elastomer, fluoropolymers, and wax.

In this report we focus on raw membrane material.

According to the new market research report “Global Waterproof Fabrics Market Report 2023-2029”, published by QYResearch, the global Waterproof Fabrics market size is projected to reach USD 2.12 billion by 2029, at a CAGR of 3.9% during the forecast period.

Figure.   Global Waterproof Fabrics Market Size (US$ Million), 2018-2029

Figure.   Global Waterproof Fabrics Top 15 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Waterproof Fabrics include Gore, Performax, Toray Industries, Polartec Neoshell, Swmintl, Sympatex, DSM, Carrington Textiles, Derekduck, Porelle Membranes, etc. In 2021, the global top five players had a share approximately 39.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[industrymarketreports]

Green Chemistry Triumph: The Growing Significance of Bio-based 1,4-butanediol in Market Dynamics

The Global Bio-based 1,4-butanediol Market is estimated to be worth USD 201.20 Million in 2023 and is projected to reach a value of USD 377.35 Million by 2030, growing at a fast CAGR of 9.40% during the forecast period 2024–2030.

The global bio-based 1,4-butanediol market is significantly influenced by the increasing awareness of environmental sustainability as a prominent long-term driver. Both consumers and businesses are increasingly recognizing the importance of reducing carbon footprints and embracing eco-friendly alternatives. Bio-based 1,4-butanediol, derived from renewable sources like plants, emerges as a sustainable and green solution in response to these environmental concerns.

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Despite facing challenges from the global COVID-19 pandemic, such as disruptions in supply chains and production capacities, the bio-based 1,4-butanediol market demonstrated resilience and continued growth. As the world recovers from the pandemic, the emphasis on sustainability has only heightened, reinforcing the optimistic long-term prospects for the market.

In the short term, a significant driver for the global bio-based 1,4-butanediol market is the escalating demand for eco-friendly products. Various industries, including automotive, textiles, and packaging, actively seek sustainable alternatives to traditional chemical-based products. Bio-based 1,4-butanediol emerges as a viable solution, capable of replacing petroleum-based chemicals in diverse applications. This surge in demand becomes a pivotal driver for the industry’s growth in the near future.

An attractive opportunity in the global bio-based 1,4-butanediol market lies in the expansion of applications. Over the years, researchers and manufacturers have explored new avenues to utilize this versatile compound. With its potential use in the production of biodegradable plastics, textiles, and various chemical products, the market can venture into previously untapped sectors. The opportunity lies in diversifying the applications of bio-based 1,4-butanediol to meet emerging market demands.

An evolving trend in the industry is the increasing emphasis on the performance of bio-based 1,4-butanediol. While bio-based products were initially chosen for their eco-friendly attributes, the industry has shifted focus towards enhancing the compound’s performance and quality. Manufacturers are actively investing in research and development to improve the properties of bio-based 1,4-butanediol, reflecting the industry’s commitment to advancing technology and product efficacy.

Market Segmentation:

By Application: Polybutylene Terephthalate (PBT), Gamma-Butyrolactone (GBL), Polyurethane (PU), Tetrahydrofuran (THF), Others

Within the array of applications, the largest subsegment emerges as Polybutylene Terephthalate (PBT), a versatile compound extensively utilized in the production of PBT. This thermoplastic polymer is renowned for its outstanding mechanical properties, along with its notable resistance to heat and chemicals, solidifying its dominance in the market due to these commendable attributes.

While Polybutylene Terephthalate (PBT) commands a substantial market share in terms of size, the fastest-growing subsegment during the forecast period is Polyurethane (PU). Polyurethane, a polymer with a broad range of applications, spans across foams, adhesives, coatings, and elastomers. The notable surge in demand for sustainable and bio-based alternatives, particularly in industries such as automotive, construction, and textiles, propels the Polyurethane (PU) application segment into rapid growth.

By End-user Industry: Automotive, Electrical and Electronics, Textile, Other End-user Industries

Within this realm, the largest subsegment stands as the Automotive industry, where the adoption of bio-based 1,4-butanediol is steadily on the rise. This is attributed to its integral role in the production of lightweight and sustainable materials within the automotive sector. The utilization of bio-based 1,4-butanediol contributes to the creation of materials that enhance fuel efficiency and concurrently mitigate the environmental impact, aligning with the industry’s pursuit of eco-friendly solutions.

Conversely, the fastest-growing end-user industry is observed in Electrical and Electronics. The ever-increasing demand for electronic devices coupled with the imperative for sustainable and environmentally friendly components has propelled the Electrical and Electronics sector towards embracing bio-based 1,4-butanediol as a viable solution. This trend, marked by the industry’s recognition of the compound’s eco-friendly attributes, is anticipated to persist and drive the rapid expansion of this particular industry segment throughout the forecast period. The ongoing focus on sustainable practices within the Electrical and Electronics sector positions bio-based 1,4-butanediol as a key player in meeting the evolving demands of the industry.

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Regional Analysis:

Within these geographical segments, North America emerges as the largest subsegment. Renowned for its early adoption of sustainable and bio-based products, the North American market has demonstrated a proactive approach to reducing carbon footprints across various industries. The region’s commitment to environmental responsibility has fueled the integration of bio-based 1,4-butanediol into diverse applications, further solidifying its position as a key player in the sustainable products landscape.

Conversely, the fastest-growing region in the foreseeable future is anticipated to be Asia-Pacific. This dynamic and rapidly evolving region, marked by a burgeoning population and robust industrial growth, is experiencing a noteworthy surge in demand for bio-based 1,4-butanediol. The impetus behind this demand lies in the heightened awareness of environmental sustainability and the imperative for incorporating eco-friendly materials in manufacturing processes. As the Asia-Pacific region continues to expand its industrial footprint, the trajectory indicates that the demand for bio-based 1,4-butanediol will witness accelerated growth, reinforcing its pivotal role in the region’s sustainable development initiatives.

Latest Industry Developments:

· Investment in Research and Development (R&D): A prominent trend in the market is the increased focus on R&D activities. Companies are investing heavily in research to innovate and develop new bio-based 1,4-butanediol products with improved performance characteristics. This approach allows them to meet the evolving demands of diverse end-user industries, providing solutions that match or surpass the properties of traditional petroleum-based alternatives.

· Collaboration and Partnerships: Another prevalent strategy is forming strategic collaborations and partnerships with research institutions, universities, and other industry players. These collaborations enable companies to pool resources, share knowledge, and access cutting-edge technologies. By working together, they can accelerate product development, streamline supply chains, and tap into new markets, ultimately strengthening their market presence.

· Expansion of Production Capacities: To meet the growing demand for bio-based 1,4-butanediol, companies are expanding their production capacities. This involves building new manufacturing facilities or upgrading existing ones. The expansion trend is driven by the need to ensure a stable and efficient supply chain to meet the rising requirements of various end-user industries, thus enhancing their competitive position in the market.

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[factmrps]

Automotive Lightweight Material Market Material Insights

The global automotive lightweight material market has witnessed moderate growth at a CAGR of 3.3% over the past half-decade. However, due to the ongoing outbreak of COVID-19, automotive production has plummeted in quarter Q2 of FY2020, and has cascaded the demand effect towards automotive light weight material.

The market is set to decline by more than twofold over the short-term forecast period, owing to prolonged COVID-19 effect on the automotive industry. By the 1st quarter of FY2022, demand for automotive lightweight material is set to resurrect, owing to normalization of automotive production.

The automotive lightweight material market size is projected to witness nominal expansion at a CAGR of around 5% during the forecast period of 2020 to 2030. Speculative demand of material was observed over the 2nd quarter of FY2020. Reduced market prices have attracted suppliers to charge up their inventories to enhance their profits, post resurrection of the market by the beginning of the 3rd quarter.

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Key findings of the Automotive Lightweight Material market study:

Regional breakdown of the Automotive Lightweight Material market based on predefined taxonomy.

Innovative manufacturing processes implemented by Automotive Lightweight Material vendors in detail.

Region-wise and country-wise fragmentation of the Automotive Lightweight Material market to grasp the revenue, and growth outlook in these areas.

Changing preferences among consumers across various regions and countries.

Factors (Positive and Negative) impacting the growth of the global Automotive Lightweight Material market.

Automotive Lightweight Material Market: Segmentation

Fact.MR has studied the automotive lightweight material market with detailed segmentation on the basis of by material, vehicle, application, and key regions.

·         By Material :

Steel

HSS

AHSS & UHSS

Metals

Aluminum

Magnesium

Titanium

Polymers

PP

PU

ABS

Polycarbonates

Polyamides

Others

Composites

Carbon

Aramide & Fiber Glass

Elastomers

·         By Vehicle :

Passenger Cars

Compact Cars

Mid-sized Cars

Luxury Cars

Premium Cars

LCVs

HCVs

·         By Application :

Engine & Mechanical

Chassis and Suspension

Powertrain

Others

Exterior & Structural

Body Structure and Frame

Body Panels & Trims

Closures

Others

Interior

Seating

Door Modules

Instrument Panels

Others

HVAC & Electrical

·         By Regions :

North America

Latin America Excluding Mexico

Europe Excluding Germany

East Asia Excluding China

South Asia & Oceania

Middle East & Africa

Germany

China

Mexico

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Queries addressed in the Automotive Lightweight Material market report:

Why are the Automotive Lightweight Material market players targeting region for increased product sales?

What patented technologies are the players utilizing in the global Automotive Lightweight Material market?

Which regions are displaying the fastest growth in the Automotive Lightweight Material market?

What are the underlying micro- macroeconomic factors affecting the global Automotive Lightweight Material market?

Contact: US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583 E-Mail: sales@factmr.com

[stratviewresearch]

Elastic Adhesives & Sealants Market is set to see Revolutionary growth in decade

Stratview Research has launched a new report on the Elastic Adhesives & Sealants Market, which is segmented by Product Type, by Application Type, by Material Type, and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

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The Elastic Adhesives & Sealants Market is likely to witness an impressive CAGR of 6.7% during the forecast period. The prime factor that is contributing to the demand for Elastic Adhesives & Sealants is the increasing demand for Elastic Adhesives & Sealants in various industries.

This report on the Elastic Adhesives & Sealants Market has been put together covering various companies of the industry from different geographies. The study is a perfect blend of qualitative and quantitative research highlighting vital market developments, challenges and competition that the industry might face, along with opportunities and trends available in the Elastic Adhesives & Sealants Market. The report intends to present a thorough analysis of the Elastic Adhesives & Sealants Market and provide cutting-edge market intelligence to help decision makers undertake a sound investment evaluation. Besides, the report also classifies and analyses the emerging trends along with major growth drivers.

Elastic Adhesives & Sealants Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges act as extrinsic factors affecting the market. The report aims at answering several key questions concerning the overall profitability in the market.

Few key players operating in the Elastic Adhesives & Sealants Market are-

The 3M Company

Arkema (Bostik)

Beijing Comens New Materials Co., Ltd.

CEMEDINE CO., LTD.

DowDuPont Inc.

H.B. Fuller Company

Henkel AG & CO.

KGaA

Henkel AG & CO.

KGaA

Threebond Holdings Co., Ltd.

Weicon GmbH & Co. KG.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Elastic Adhesives & Sealants Market value and growth drivers over the trend period of 2022-27. According to the report -

Elastic Adhesives & Sealants Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The growth in various end-use industries such as industrial, construction, and automotive & transportation is bolstering the demand for elastic adhesives & sealants, which in turn, is likely to drive the market during the forecast period.

Segment Analysis:

Based on Production Resin Type:

Based on the resin type, the market is segmented as PU, silicone, Silane-modified polymers (SMP), and others. Polyurethane is expected to hold the largest share of the market during the forecast period. PU-based elastic adhesives and sealants provide high toughness, abrasion resistance, flexibility and strength, low cure temperature, excellent low-temperature resistance, high environmental resistance, and adhesion to a wide variety of substrates. Depending on the structure of thermoset or elastomer and curing techniques, PU adhesives can be elastic or rigid. They are moisture sensitive and have relatively high shear and peel strength. PU adhesives are used in bonding windscreens and windows of passenger cars, trucks, tractors, and special vehicles, owing to their high elongation properties and stronger bonding. They also find applications in bonding fiberglass-reinforced plastic elements such as roof, side, and frontal panels.

Based on Region:

In terms of regions, Asia-Pacific is estimated to be the fastest-growing elastic adhesives & sealants market during the forecast period, with China, Japan, India, and Indonesia being the major countries with lucrative growth opportunities. The increase in demand from various packaging industries and improving economic conditions are the major factors for the promising market of the Asia-Pacific region. Factors such as new product innovations, new research and development projects, and the increase in demand from different end-use industries have also significantly contributed to the increasing demand for elastic adhesives & sealants in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Customization of the Report

Along with this market report, our team provides a customization according to the client’s requirement. In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Connect with us at – Stratview Research Call @:  +1-313-307-4176 Mail Us:  sales@stratviewresearch.com

[esglatestmarketnews]

Turkey Automotive Plastic Compounding Market by 2028

Turkey Automotive Plastic Compounding Industry Overview

The Turkey automotive plastic compounding market size was valued at USD 290.9 million in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2021 to 2028.

The market is projected to witness significant growth over the forecast period owing to the rising adoption of lightweight composites in automotive components to foster fuel savings. However, the recent outbreak of COVID-19 has severely affected automotive production in Turkey due to factory shutdowns from January to April 2020. This has negatively influenced the consumption of automotive plastics and their production dynamics.

The Turkish chemicals and plastics industry display significant growth potential both from domestic and international markets. Average per capita plastics consumption in the region is relatively lower than the rest of the EU, which offers significant investment opportunities for automotive plastic compounders. The Turkish automotive industry is also growing at a rapid pace with leading automobile manufacturers such as Ford, Toyota, Volkswagen, and Hyundai operating in the market.

Gather more insights about the market drivers, restrains and growth of the Turkey Automotive Plastic Compounding Market

According to PAGEV (Turkish Plastic Industry Association) data, the Turkish economy was contracted by 2.4% in the first quarter and 1.5% in the second quarter of 2019. This led to a contraction in domestic demand, where industrial production slowed down, and a decrease in industrial capacity utilization negatively impacted the private sectors. In terms of domestic plastic consumption, in the first nine months of 2019, the plastics sector witnessed a 10% decrease on a value basis as compared to 2018. Moreover, automotive production was decreased by 6% in 2019.

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

• Medical 3D Printing Plastics Market: The global medical 3D printing plastics market size was valued at USD 265.4 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 26.2% from 2021 to 2028. The growing aging population, increasing healthcare awareness, and the COVID-19 pandemic situation are some of the major factors driving the market for medical 3D printing plastics. 

• Polypropylene Compounds Market: The global polypropylene compounds market size was valued at USD 17.59 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.6% from 2021 to 2028. The growth of the automotive and electronics industries across emerging nations is expected to be the key growth factor for the global market over the forecast period.  

Turkey Automotive Plastic Compounding Market Segmentation

Grand View Research has segmented the Turkey automotive plastic compounding market based on product and application:

Turkey Automotive Plastic Compounding Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Acrylonitrile butadiene styrene (ABS)

• Polypropylene (PP)

• Polyurethane (PU)

• Polyvinyl Chloride (PVC)

• Polyethylene (PE)

• Polycarbonate (PC)

• Polyamide (PA)

• Thermoplastic Elastomer (TPE)

• Others

Turkey Automotive Plastic Compounding Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Instrument Panels

• Powertrain

• Door Systems

• Interior Components

• Exterior Fascia

• Under-the-hood

• Others

Key Companies profiled:

Some prominent players in the Turkey Automotive Plastic Compounding Market include

• EPSAN

• LANXESS

• PolyOne Corporation

• LyondellBasell Industries Holdings B.V.

• SABIC

Order a free sample PDF of the Turkey Automotive Plastic Compounding Market Intelligence Study, published by Grand View Research. 

[chemanalyst]

1,4 Butanediol Market (CAGR of 7.55%) 2030: 1,4 Butanediol Industry Size, Share, Analysis and Forecast | ChemAnalyst

According to ChemAnalyst report, “1,4 Butanediol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Market Analysis, 2015-2030”, 1,4 butanediol market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 7.55% during the forecast period. Increasing population and growing demand for various applications of 1,4 butanediol such as Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-Butyrolactone (GBL), Polyurethane (PU), Other Derivatives would drive the demand for 1,4 butanediol in the forecast period. As 1,4 butanediol is a sedative, stringent government regulations regarding consumption of 1,4 butanediol are expected to hinder the demand for the forecast period.

Explore full report with table of contents: https://www.chemanalyst.com/industry-report/1-4-butanediol-market-542

1,4 butanediol (BDO) is a colorless viscous liquid and is one of the four stable isomers of butanediol. It is used in the manufacturing of other organic chemicals such as tetrahydrofuran (THF) having application in spandex fibers and urethane elastomers, gamma-butyrolactone (GBL) having application in electronics, pharmaceuticals, agrochemicals, and high-performance polymers, polybutylene terephthalate (PBT) having application as engineering plastic, polyurethane (PU) and other derivatives. It is used as a solvent in organic synthesis, therefore has application in various end use industries such as automotive, pharmaceutical, electrical and electronics, artificial leather, and agriculture chemicals. Upcoming bio-based 1,4 butanediol is expected to push the demand further during the forecast period.

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1,4 butanediol can be used as a sedative and has psychotropic properties. This has led governments worldwide to put stringent regulations over consumption of 1,4 butanediol. This is expected to hider the demand during the forecast period. Tetrahydrofuran (THF) which is a major component of spandex fibers which are also driving the demand of 1,4 butanediol. Other applications include gamma-butyrolactone (GBL) which is increasing in demand due to application in various industries including electronics, pharmaceuticals, agrochemicals and, high performance polymers thus increasing the demand for 1,4 butanediol. As 1,4 butanediol is a protic organic solvent it has application in the synthesis of various plastics including polybutylene terephthalate (PBT) which has several applications as an engineering plastic.

1,4 butanediol is manufactured by the reaction of acetylene and formaldehyde through the reppe process hence its price is directly linked to the fluctuations in the prices of acetylene and formaldehyde both having petrochemical origin. Over the past few years, 1,4 butanediol prices have become highly susceptible to the cost of acetylene and formaldehyde and competing protic solvents gaining ground in its markets. In the first half of FY20 sudden outbreak of novel coronavirus followed by fall in in the demand of automotive, electronics, and textiles rendered a slight downfall in the 1,4 butanediol prices.

Regional Outlook:

Regionally, Asia Pacific dominates the 1,4 butanediol market and holds the largest market share in FY19. Asia’s 1,4 butanediol market is anticipated to grow in the economies like India, China, and Japan due to continuously rising population and high demand for automotive, textile, electronics, agrochemical sectors. South Asia, particularly China, seems to be the key market for 1,4 butanediol as the country is seen as a generally under-supplied market. Moreover, increasing regulations of the Indian government towards limiting the consumption of 1,4 butanediol because of its psychotropic properties is seen as a barrier to demand growth for the forecast period.

Major Players:

BASF SE

Invista

Mitsubishi Chemical Corporation

Shanxi Sanwei Group (China)

Dairen Chemical Corporation

Nan Ya Plastics Corporation

LyondellBasell Chemicals.

“Being linked to the polymeric materials industry, the 1,4 butanediol industry has shown a robust growth alongside growing population and changing consumer preference. China serves as the key growth region with sufficiently installed capacities. India also shows an optimistic trend in demand rise during the forecast period as the government is supporting domestic production various polymers in its make in India campaign. 1,4 butanediol pricing curve shows strong movement in line with the petroleum as the raw materials are petrochemicals.  With new competitors emerging across the Asian 1,4 butanediol market, players anticipate that supply will soon outpace demand in the near future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Browse Related Reports:

Global Electronic Chemicals Market Research Report: https://www.chemanalyst.com/industry-report/electronic-chemicals-market-322

Global Hydrogen Market Research Report: https://www.chemanalyst.com/industry-report/hydrogen-market-277

About ChemAnalyst

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

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[mastergarryblogs]

Green And Bio Polyols Market Dynamics, Emerging Trends and Growth Factors Forecast 2022-2030

The global Green And Bio Polyols Market research report is inclusive of detailed and productive qualitative and quantitative information, for the historic period, base year, and the forecast period, which can benefit the user for taking the appropriate decision on the basis of market knowledge, as well as for gathering valuable information for further estimations.

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The detailed information of the global Green And Bio Polyols Market about the driving factors, development strategies such as new product development, mergers and acquisition, and partnerships & collaboration, recent trends, as well as challenges and opportunities are incorporated for a more extensive understanding of the market potential.

Moreover, the global market is finely segmented and on the basis of geography segmented across North America (US and Canada), Europe (UK, Germany, France, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East and Africa (GCC, South Africa, and Rest of Middle East & Africa). And the regions are further studied across the respective major countries including detailed current trends and available opportunities in the respective market. Segmentation

Market By Raw Material

Natural Oils and Their Derivatives Sucrose Carbon Dioxide Recycled Polymers Others

Market By Type

Polyether Polyols Polyester Polyol

Market By Application

Pu Flexible Foam Coatings, Adhesives, Sealants, and Elastomers Pu Rigid Foam Others

Global Green And Bio Polyols Market : Competitive Landscape

Along with this, the research report encompasses comprehensive information of market leaders that majorly include a business overview, financial overview, product offerings, strategic developments, and geographical presence. The profiled players are collaboratively analyzed for digging out the market scenarios in a more competitive manner.

Essentially, it’s a well-compiled solution for the industry players, managers, researchers, strategists, consultants, education organizations, students, and start-ups. They can get the required information in an easy and understandable format for the required task and will be able to interpret in almost no time and able to saves time. Moreover, in case of further customization or addition required in the report scope, our team is able to provide for meeting the expectations of users.   Who are the key players in the market? The key players operating in Green And Bio Polyols Market such as Key Players:

BASF SE Cargill Inc. Bayer AG Stepan Company The DOW Chemical Company Jayant Agro Organics Pvt. Ltd. Global Bio-Chem Technology Group Emery Oleochemicals E.I. Du Pont De Nemours & Co. Biobased Technologies LLC Polygreen Chemicals Huntsman Corporation Novomer Roquette Mitsui Chemicals Koch Industries Overview of the Impact of COVID-19 on Green And Bio Polyols Market : The development of COVID-19 has carried the world to a stop. We comprehend that this health emergency has brought an unprecedented effect on businesses across ventures. However, this also will pass. Rising help from governments and a few organizations can help in the battle against this profoundly infectious sickness. There are a few industries that are battling and some are flourishing. In general, pretty much every segment is foreseen to be affected by the pandemic. We are making persistent efforts to enable your business to continue and develop during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across ventures to assist you to prepare for the future. In a nutshell, the global Green And Bio Polyols Market research report encompasses the desired information in terms of both quality and quantity with the respective market. The collection of information is completely based on the authorized sources and compiled by the experts and research analysts with years of experience in the respective industry vertical.

Inquiry Before Buy Report @ https://www.acumenresearchandconsulting.com/inquiry-before-buying/743 Few Significant Points From Table Of Content:

CHAPTER 1.  INDUSTRY OVERVIEW 1.1.  Definition and Scope 1.1.1.  Definition of Green And Bio Polyols 1.1.2.  Market Segmentation 1.1.3.  List of Abbreviations 1.2.  Summary 1.2.1.  Market Snapshot 1.2.2.  Green And Bio Polyols Market By Type 1.2.2.1.  Global Green And Bio Polyols Market Revenue and Growth Rate Comparison By Type (2015-2026) 1.2.2.2.  Global Green And Bio Polyols Market Revenue Share By Type in 2017 1.2.2.3.  Polyether Polyols 1.2.2.4.  Polyester Polyol 1.2.3.  Green And Bio Polyols Market by Application 1.2.3.1.  Global Green And Bio Polyols Market Revenue and Growth Rate Comparison by Application (2015-2026) 1.2.3.2.  Global Green And Bio Polyols Market Revenue Share By Type in 2017 1.2.3.3.  Polyether Polyols 1.2.3.4.  Polyester Polyol 1.2.4.  Green And Bio Polyols Market By Raw Material 1.2.4.1.  Global Green And Bio Polyols Market Revenue and Growth Rate Comparison By Raw Material (2015-2026) 1.2.4.2.  Global Green And Bio Polyols Market Revenue Share By Type in 2017 1.2.4.3.  Natural Oils and Their Derivatives 1.2.4.4.  Sucrose 1.2.4.5.  Carbon Dioxide 1.2.4.6.  Recycled Polymers 1.2.4.7.  Others 1.2.5.  Green And Bio Polyols Market by Geography 1.2.5.1.  Global Green And Bio Polyols Market Revenue and Growth Rate Comparison by Geography (2015-2026) 1.2.5.2.  North America Green And Bio Polyols Market Revenue and Growth Rate (2015-2026) 1.2.5.3.  Europe Green And Bio Polyols Market Revenue and Growth Rate (2015-2026) 1.2.5.4.  Asia-Pacific Green And Bio Polyols Market Revenue and Growth Rate (2015-2026) 1.2.5.5.  Latin America Green And Bio Polyols Market Revenue and Growth Rate (2015-2026) 1.2.5.6.  Middle East and Africa (MEA) Green And Bio Polyols Market Revenue and Growth Rate (2015-2026) CHAPTER 2.  MARKET DYNAMICS AND COMPETITION ANALYSIS 2.1.  Market Drivers 2.2.  Restraints and Challenges 2.3.  Growth Opportunities 2.4.  Porter’s Five Forces Analysis 2.4.1.  Bargaining Power of Suppliers 2.4.2.  Bargaining Power of Buyers 2.4.3.  Threat of Substitute 2.4.4.  Threat of New Entrants 2.4.5.  Degree of Competition 2.5.  Value Chain Analysis 2.6.  Cost Structure Analysis 2.6.1.  Raw Material and Suppliers 2.6.2.  Manufacturing Process Analysis 2.7.  Regulatory Compliance 2.8.  Competitive Landscape, 2017 2.8.1.  Player Positioning Analysis 2.8.2.  Key Strategies Adopted By Leading Players CHAPTER 3.  MANUFACTURING PLANTS ANALYSIS 3.1.  Capacity and Commercial Production Date of Global Green And Bio Polyols Major Manufacturers in 2017 3.2.  Manufacturing Plants Distribution of Global Green And Bio Polyols Major Manufacturers in 2017 3.3.  R&D Status and Technology Source of Global Green And Bio Polyols Major Manufacturers in 2017 3.4.  Raw Materials Sources Analysis of Global Green And Bio Polyols Major Manufacturers in 2017 CHAPTER 4.  GREEN AND BIO POLYOLS MARKET BY TYPE 4.1.  Global Green And Bio Polyols Revenue By Type 4.2.  Polyether Polyols 4.2.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 4.2.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 4.3.  Polyester Polyol 4.3.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 4.3.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) CHAPTER 5.  GREEN AND BIO POLYOLS MARKET BY APPLICATION 5.1.  Pu Flexible Foam 5.1.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 5.1.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 5.2.  Pu Flexible Foam 5.2.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 5.2.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 5.3.  Pu Rigid Foam 5.3.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 5.3.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 5.4.  Others 5.4.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 5.4.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) CHAPTER 6.  GREEN AND BIO POLYOLS MARKET BY RAW MATERIAL 6.1.  Natural Oils and Their Derivatives 6.1.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 6.1.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 6.2.  Sucrose 6.2.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 6.2.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 6.3.  Carbon Dioxide 6.3.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 6.3.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 6.4.  Recycled Polymers 6.4.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 6.4.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) 6.5.  Others 6.5.1.  Market Revenue and Growth Rate, 2015 - 2026 ($Million) 6.5.2.  Market Revenue and Forecast, By Region, 2015 - 2026 ($Million) CHAPTER 7.  NORTH AMERICA GREEN AND BIO POLYOLS MARKET BY COUNTRY 7.1.  North America Green And Bio Polyols Market Revenue and Growth Rate, 2015 - 2026 ($Million) 7.2.  North America Green And Bio Polyols Market Revenue Share Comparison, 2015 & 2026 (%) 7.3.  U.S. 7.3.1.  U.S. Green And Bio Polyols Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 7.3.2.  Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 7.3.3.  Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 7.4.  Canada 7.4.1.  Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 7.4.2.  Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 7.4.3.  Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 7.5.  Mexico 7.5.1.  Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 7.5.2.  Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 7.5.3.  Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) CHAPTER 8. EUROPE GREEN AND BIO POLYOLS MARKET BY COUNTRY 8.1. Europe Green And Bio Polyols Market Revenue and Growth Rate, 2015 - 2026 ($Million) 8.2. Europe Green And Bio Polyols Market Revenue Share Comparison, 2015 & 2026 (%) 8.3. UK 8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.3.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 8.4. Germany 8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.4.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 8.5. France 8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.5.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 8.6. Spain 8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.6.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 8.7. Rest of Europe 8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 8.7.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) CHAPTER 9. ASIA-PACIFIC GREEN AND BIO POLYOLS MARKET BY COUNTRY 9.1. Asia-Pacific Green And Bio Polyols Market Revenue and Growth Rate, 2015 - 2026 ($Million) 9.2. Asia-Pacific Green And Bio Polyols Market Revenue Share Comparison, 2015 & 2026 (%) 9.3. China 9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 9.3.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 9.4. Japan 9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 9.4.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 9.5. India 9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 9.5.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 9.6. Australia 9.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 9.6.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 9.7. South Korea 9.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 9.7.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 9.8. Rest of Asia-Pacific 9.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 9.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 9.8.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) CHAPTER 10. LATIN AMERICA GREEN AND BIO POLYOLS MARKET BY COUNTRY 10.1. Latin America Green And Bio Polyols Market Revenue and Growth Rate, 2015 - 2026 ($Million) 10.2. Latin America Green And Bio Polyols Market Revenue Share Comparison, 2015 & 2026 (%) 10.3. Brazil 10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 10.3.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 10.4. Argentina 10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 10.4.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 10.5. Rest of Latin America 10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 10.5.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) CHAPTER 11. MIDDLE EAST GREEN AND BIO POLYOLS MARKET BY COUNTRY 11.1. Middle East Green And Bio Polyols Market Revenue and Growth Rate, 2015 - 2026 ($Million) 11.2. Middle East Green And Bio Polyols Market Revenue Share Comparison, 2015 & 2026 (%) 11.3. Saudi Arabia 11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 11.3.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 11.4. UAE 11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 11.4.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 11.5. Rest of Middle East 11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 11.5.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) CHAPTER 12. AFRICA GREEN AND BIO POLYOLS MARKET BY COUNTRY 12.1. Africa Green And Bio Polyols Market Revenue and Growth Rate, 2015 - 2026 ($Million) 12.2. Africa Green And Bio Polyols Market Revenue Share Comparison, 2015 & 2026 (%) 12.3. South Africa 12.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 12.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 12.3.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 12.4. Egypt 12.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 12.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 12.4.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) 12.5. Rest of Africa 12.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million) 12.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million) 12.5.3. Market Revenue and Forecast By Raw Material, 2015 - 2026 ($Million) CHAPTER 13. COMPANY PROFILE 13.1. BASF SE 13.1.1. Company Snapshot 13.1.2. Overview 13.1.3. Financial Overview 13.1.4. Type Portfolio 13.1.5. Key Developments 13.1.6. Strategies 13.2. Cargill Inc. 13.2.1. Company Snapshot 13.2.2. Overview 13.2.3. Financial Overview 13.2.4. Type Portfolio 13.2.5. Key Developments 13.2.6. Strategies 13.3. Bayer AG 13.3.1. Company Snapshot 13.3.2. Overview 13.3.3. Financial Overview 13.3.4. Type Portfolio 13.3.5. Key Developments 13.3.6. Strategies 13.4. Stepan Company 13.4.1. Company Snapshot 13.4.2. Overview 13.4.3. Financial Overview 13.4.4. Type Portfolio 13.4.5. Key Developments 13.4.6. Strategies 13.5. The DOW Chemical Company 13.5.1. Company Snapshot 13.5.2. Overview 13.5.3. Financial Overview 13.5.4. Type Portfolio 13.5.5. Key Developments 13.5.6. Strategies 13.6. Jayant Agro Organics Pvt. Ltd. 13.6.1. Company Snapshot 13.6.2. Overview 13.6.3. Financial Overview 13.6.4. Type Portfolio 13.6.5. Key Developments 13.6.6. Strategies 13.7. Global Bio-Chem Technology Group 13.7.1. Company Snapshot 13.7.2. Overview 13.7.3. Financial Overview 13.7.4. Type Portfolio 13.7.5. Key Developments 13.7.6. Strategies 13.8. Emery Oleochemicals 13.8.1. Company Snapshot 13.8.2. Overview 13.8.3. Financial Overview 13.8.4. Type Portfolio 13.8.5. Key Developments 13.8.6. Strategies 13.9. E.I. Du Pont De Nemours & Co. 13.9.1. Company Snapshot 13.9.2. Overview 13.9.3. Financial Overview 13.9.4. Type Portfolio 13.9.5. Key Developments 13.9.6. Strategies 13.10. Biobased Technologies LLC. 13.10.1. Company Snapshot 13.10.2. Overview 13.10.3. Financial Overview 13.10.4. Type Portfolio 13.10.5. Key Developments 13.10.6. Strategies 13.11. Biobased Technologies LLC 13.11.1. Company Snapshot 13.11.2. Overview 13.11.3. Financial Overview 13.11.4. Type Portfolio 13.11.5. Key Developments 13.11.6. Strategies 13.12. Huntsman Corporation 13.12.1. Company Snapshot 13.12.2. Overview 13.12.3. Financial Overview 13.12.4. Type Portfolio 13.12.5. Key Developments 13.12.6. Strategies 13.13. Novomer 13.13.1. Company Snapshot 13.13.2. Overview 13.13.3. Financial Overview 13.13.4. Type Portfolio 13.13.5. Key Developments 13.13.6. Strategies 13.14. Roquette 13.14.1. Company Snapshot 13.14.2. Overview 13.14.3. Financial Overview 13.14.4. Type Portfolio 13.14.5. Key Developments 13.14.6. Strategies 13.15. Mitsui Chemicals 13.15.1. Company Snapshot 13.15.2. Overview 13.15.3. Financial Overview 13.15.4. Type Portfolio 13.15.5. Key Developments 13.15.6. Strategies 13.16. Koch Industries 13.16.1. Company Snapshot 13.16.2. Overview 13.16.3. Financial Overview 13.16.4. Type Portfolio 13.16.5. Key Developments 13.16.6. Strategies CHAPTER 14. RESEARCH APPROACH 14.1. Research Methodology 14.1.1. Initial Data Search 14.1.2. Secondary Research 14.1.3. Primary Research 14.2. Assumptions and Scope

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Exploring the Construction Elastomers Market: Trends and Opportunities

The construction elastomers market is a dynamic and evolving segment of the broader construction materials industry. Elastomers, known for their elastic properties, flexibility, and resilience, play a crucial role in various construction applications. This article delves into the current trends, driving factors, challenges, and future prospects of the construction elastomers market.

Understanding Construction Elastomers

Construction elastomers are polymer materials that exhibit both elasticity and viscosity. These materials can return to their original shape after being stretched or deformed, making them ideal for applications requiring durability and flexibility. Common types of elastomers used in construction include thermoplastic elastomers (TPE), silicone rubber, polyurethane (PU), and ethylene propylene diene monomer (EPDM).

Key Market Drivers

Urbanization and Infrastructure Development: The rapid urbanization in emerging economies has led to increased infrastructure development. As cities expand and new urban areas emerge, the demand for durable and flexible construction materials rises. Elastomers are essential for applications like sealing, roofing, and insulation, which are critical in modern infrastructure projects.

Sustainability and Environmental Regulations: With growing awareness of environmental issues and stringent regulations, the construction industry is shifting towards sustainable materials. Elastomers, particularly those that are recyclable or have a lower environmental impact, are becoming more popular. Innovations in bio-based elastomers are also contributing to this trend.

Technological Advancements: Advances in polymer science and manufacturing technologies are enhancing the properties of elastomers. Improved durability, weather resistance, and ease of installation are making elastomers more attractive for construction applications. Innovations like self-healing elastomers and smart materials are poised to revolutionize the market.

Market Segmentation

The construction elastomers market can be segmented based on type, application, and region.

By Type:

Thermoplastic Elastomers (TPE): Known for their easy processing and recyclability, TPEs are widely used in construction.

Silicone Rubber: Highly resistant to extreme temperatures and weather conditions, making it ideal for sealing and insulation.

Polyurethane (PU): Offers excellent abrasion resistance and is commonly used in flooring and coatings.

EPDM: Known for its weather and ozone resistance, EPDM is used in roofing and outdoor applications.

By Application:

Roofing: Elastomers provide durability and weather resistance, essential for roofing materials.

Sealing and Insulation: Used in windows, doors, and HVAC systems to ensure energy efficiency and protection against the elements.

Flooring: Elastomers offer resilience and comfort, making them suitable for various flooring applications.

Structural Components: Used in expansion joints, bridge bearings, and other critical structural applications.

By Region:

North America: Driven by renovation activities and technological advancements.

Europe: Focus on sustainability and green building initiatives.

Asia-Pacific: Rapid urbanization and infrastructure development are the primary drivers.

Latin America and Middle East & Africa: Growing construction activities and infrastructure investments.

Challenges in the Market

Despite the positive outlook, the construction elastomers market faces several challenges:

Cost Constraints: The high cost of raw materials and production processes can limit the adoption of advanced elastomers, particularly in cost-sensitive markets.

Regulatory Hurdles: Complying with varying environmental regulations across regions can be challenging for manufacturers. Ensuring that products meet these standards without compromising performance is critical.

Market Competition: The market is highly competitive, with numerous players offering a wide range of products. Differentiating products based on quality, performance, and sustainability is essential for gaining a competitive edge.

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Future Prospects

The future of the construction elastomers market looks promising, with several growth opportunities on the horizon:

Innovations in Bio-based Elastomers: The development of bio-based elastomers from renewable resources is expected to gain traction. These materials offer a sustainable alternative to traditional elastomers, aligning with the global push for eco-friendly construction practices.

Smart and Self-Healing Materials: Research into smart elastomers that can respond to environmental changes or self-heal when damaged is underway. These innovations have the potential to significantly extend the lifespan and performance of construction materials.

Expansion in Emerging Markets: Emerging economies in Asia-Pacific, Latin America, and Africa present significant growth opportunities. Investments in infrastructure and urban development in these regions will drive the demand for construction elastomers.

Conclusion

The construction elastomers market is set for robust growth, driven by urbanization, sustainability trends, and technological advancements. While challenges like cost constraints and regulatory compliance persist, innovations in materials and expanding markets offer substantial opportunities. As the construction industry continues to evolve, elastomers will play a vital role in building resilient, sustainable, and efficient infrastructure for the future.

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Global Polyurethane Elastomers Market 2021 – Revenue Status & Forecast Report 2030

Polyurethane Elastomers Market Overview - The global polyurethane elastomers market is expected to exhibit a strong 6% CAGR over the forecast period from 2021 to 2030, according to the latest research report from Market Research Future (MRFR). The global polyurethane elastomers market is mainly driven by the growing demand for polyurethane elastomers in footwear, automotive, construction, and industrial devices and machinery. The growing footwear industry is likely to be a major driver for the global polyurethane elastomers market over the forecast period. Numerous factors are adding to the polyurethane elastomers market demand. Such factors, as revealed by the latest MRFR report, include high demand in the footwear industry, the resurgence of the footwear industry worldwide, increasing active lifestyle and fitness consciousness, demand for lighter vehicles, and increasing awareness about fuel efficiency.

Obtain Brochure For Latest Technology Advancements @ https://www.marketresearchfuture.com/sample_request/4487 Polyurethane Elastomers Market - Prominent Players:- Tosoh Corporation (Japan), Dow (US), BASF SE (Germany), Covestro AG (Germany), Huntsman International LLC (US), LANXESS (Germany), The Lubrizol Corporation (US), Trelleborg (Sweden), Herikon (The Netherlands), Argonics, Inc (US), and VCM Polyurethanes Pvt. Ltd (India) are some of the key players operating in the global polyurethane elastomers market. Market Dynamics :-

Footwear are not just for foot protection any more, but also serve an aesthetic purpose in how a person is perceived by his peers. This has driven significant product expansion in the footwear industry, with many leading players joining the bandwagon of creating lightweight, durable footwear that can stand the test of time while providing simplicity and comfort to the user. The use of polyurethane elastomers has thus increased in footwear, as polyurethane offers a solid, tear-proof build and long-term durability. This is likely to be a major driver for the global polyurethane elastomers market over the forecast period.

The growing use of polyurethane in automotive interior components is also likely to be a major driver for the global polyurethane elastomers market. Automotive interiors need substances that can cushion relatively hard blows and present a durable, stain-free front. Polyurethane elastomers are the perfect material on both counts, as they present a strong, durable exterior as well as a certain sponginess that allows it absorb minor blows. Polyurethane is also easily cleanable, which also makes it useful for automotive interior applications, where spills and other stains may need to be cleaned up periodically.

For similar reasons, the use of polyurethane elastomers in industrial machines and devices is also increasing. As polyurethane presents a strong front and is highly robust and durable, it makes for the perfect material for handles and other components of industrial machinery. This is also likely to remain a key end use for the polyurethane elastomers market over the forecast period. On the contrary, fluctuations in crude oil prices and hazardous impact on the environment & human health are factors that may limit the polyurethane elastomers market growth over the forecast period. Access Complete Report @ https://www.marketresearchfuture.com/reports/polyurethane-elastomers-market-4487 Segment Study of Polyurethane Elastomers Market :- The global polyurethane elastomers market has been segmented on the basis of type, end-use industry, and region.

Based on type, the global polyurethane elastomers market has been classified as thermoset PU elastomers and thermoplastic PU elastomers.

By end-use industry, the global polyurethane elastomers market has been divided into footwear, automotive, machinery, building & construction, medical, and others. Footwear is the largest revenue generator in the global polyurethane elastomers market and is likely to expand at a healthy CAGR over the forecast period to remain the leading end use segment over the forecast period. The footwear segment accounted for a strong 37% share in the global polyurethane elastomers market in 2018, followed by the automotive and machinery segments. These two segments are also likely to be highly important to the global polyurethane elastomers market over the forecast period. Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=4487 Polyurethane Elastomers Market Market  - Geographical Analysis :- By region, the global polyurethane elastomers market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the APAC region will dominate the market over the forecast period. Factors adding to the growth of the polyurethane elastomers market in the region include increased expenditure on footwear and consumer goods for an increase in consumers' per capita expenditure and burgeoning demand for high-performance sports footwear, especially in developing economies. China is a key contributor in the region as it is the largest country-level polyurethane elastomers market, along with being the largest footwear producer worldwide. Besides, the rapidly growing construction and automotive industries are also adding market growth. The automotive industry in Thailand, South Korea, Japan, China, and India are likely to be the key consumers of polyurethane elastomers in the region in the upcoming years. 

 The polyurethane elastomers market in Europe is likely to hold the second-largest share during the forecast period. Factors adding to the growth of the polyurethane elastomers market in the region include growing demand from the automotive industry, stringent environmental regulations regarding emissions from cars, and reshoring of the footwear production industry in Central and Western Europe. 

The polyurethane elastomers market in North America is predicted to have healthy growth over the forecast period for the growth in reconstruction activities. 

The polyurethane elastomers market in the MEA is likely to have steady growth over the forecast period for the region’s expanding automotive sector.

Industry Updates:

In September 2018, Manali Petrochemicals (India) has announced that it will launch the products of its wholly-owned subsidiary, Notedome (the U.K.). Notedome is a specialist in the manufacturing of high performance polyurethane cast elastomer systems and has been acquired by Manali Petrochemicals in 2016.

In September 2018, the Lubrizol Corporation has announced that its engineered polymers business has selected MSA (Marketing Services of America) as a new distributor of its thermoplastic polyurethane portfolio throughout the Andean countries and will focus all efforts on elastomers applications.

Nov 2021 Evonik has maintained its status in the polyurethane (PU) market with the official opening state-of-the-art research and laboratory complex at its Essen Goldschmidt location in Germany at the end of October. The expanded 400-square-meter laboratory will augment the group's development capabilities for high-performance specialty PU additives and processing equipment for a multitude of PU applications. Low - emissions catalysts for high-quality coatings and adhesives, sustainable artificial leather fabrication, performance enhancers for making PU shoe soles more resilient and comfortable, and emission-optimized release agents for molded foams and elastomers are one of the slightly elevated application fields. Read more reports at: https://www.marketresearchfuture.com/categories/chemicals-market-report Read more details at: https://www.marketresearchfuture.com/infographics Read more details at: https://www.marketresearchfuture.com/videos About Market Research Future:- At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact Us: Wantstats Research and Media Private Limited 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Maharashtra, India

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Polyurethanes Market Is Estimated To be Valued $94.59 Billion By 2028

The global polyurethane market size is expected to reach USD 94.59 billion by 2028, registering a CAGR of 3.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for lightweight and high-performance composites from the automotive industry is driving the growth of the market. Polyurethane (PU) is widely used in automotive applications, such as seating, instrument panels, exterior panels, engine encapsulation, and cables & wires, as an alternative to metals. The utilization of Thermoplastic Polyurethane (TPU) in auto components can drastically decrease the overall weight of automobiles, which, in turn, limits fuel consumption.

Growing Corporate Average Fuel Economy (CAFE) has forced automobile manufacturers to seek innovative ways to limit fuel consumption. The low weight of vehicles is a crucial factor in these regulations due to the inherent correlation between mass and fuel consumption. Also, the reduction in mass at unhinged points facilitates reduction in noise & vibration and smoothens the ride. Auto manufacturers, for enhancing the performance of automobiles and following the trend of lightweight vehicles, are mainly focusing on auto components, which are manufactured from various types of plastics.

For improving fuel efficiency in vehicles, manufacturers have shifted toward using plastics in automotive components, such as instrument panels, exterior panels, automotive interiors, and engine cabins. This trend, coupled with growing automotive production, is expected to further drive the demand for polyurethanes in automotive applications, such as exterior body panels, engine encapsulation, and interior panels.

However, the Covid-19 outbreak has immensely affected the production of automobiles and disrupted the value chain of the automotive industry. Slowdown or halt in manufacturing activities and weak consumer sentiments are expected to affect the product demand in automotive applications.

The electronics & appliances application segment is anticipated to progress at a substantial growth rate over the forecast period. Polyurethane is used in the manufacturing of printed circuit boards, electronic housings, protective covers, and others. It offers lower unit costs and faster production while providing excellent general performance in electronic devices. Increasing importance for encapsulation of electronic components, such as circuits and sensors, is a major factor driving the product demand in electronics & appliances.

Request a free sample copy or view report summary: Polyurethane Market Report

Polyurethane Market Report Highlights

The global market was valued at USD 70.67 billion in 2020 and is estimated to grow at a CAGR of 3.8% from 2021 to 2028

In terms of revenue, rigid foam accounted for a prominent share in 2020 and is further expected to witness steady growth over the forecast period

The construction application segment dominated the global market and accounted for a revenue share of more than 26% in 2020

Asia Pacific accounted for more than 44% share of the global revenue. The robust manufacturing base of the automotive and electronics & appliances industries across China, India, South Korea, and Japan is anticipated to augment regional market growth in the near future

Various strategic initiatives were recorded over the past few years to boost the market growth

For instance, in January 2020, BASF SE announced a capacity expansion of its water-based PU dispersion by 30% located in Castellbisbal, Spain. This expansion will enable the company to cater to the growing product demand from the packaging, building & construction, and automotive industries

Polyurethane Market Segmentation

Grand View Research has segmented the global polyurethane market on the basis of product, application, and region:

PU Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Rigid Foam

Flexible Foam

Coatings

Adhesives & Sealants

Elastomers

Others

PU Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

Furniture & Interiors

Construction

Electronics & Appliances

Automotive

Footwear

Packaging

Others

PU Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

U.S.

Canada

Mexico

Germany

France

Russia

Spain

U.K.

China

India

Japan

South Korea

Brazil

Saudi Arabia

List of Key Players of Polyurethane (PU) Market

Dow, Inc.

BASF SE

Covestro AG

Huntsman International LLC

Eastman Chemical Company

Mitsui & Co. Plastics Ltd.

Mitsubishi Chemical Corp.

Recticel NV/SA

Woodbridge

DIC Corp.

RTP Company

The Lubrizol Corp.

RAMPF Holding GmbH & Co. KG

Tosoh Corp.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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North America Polyurethane (PU) Market Geographic Segmentation, Analysis by Types, Regions and Forecast to 2024

24th November 2021 – North America Polyurethane (PU) Market is expected to reach USD 19.18 billion by 2024. Polyurethane (PU) is a most adaptable plastic material formed by reacting a polyol with a polymeric isocyanate or di-isocyanate in presence of additives and catalyst. It is also termed as polycarbamates. They have high abrasion resistance, low in cost, good low temperature quality, and wide molecular structural variability. North America Polyurethane (PU) Market is estimated to grow at a significant CAGR of 4.2% over the forecast period as the scope and its applications are rising enormously across the globe.

Increasing anxiety regarding energy efficacy in the region, technological enhancement, growing customer awareness regarding thermal insulation, rising shift towards sustainable construction, and presence of major industries in the region are documented as major factors of North America Polyurethane (PU) Market that are estimated to enhance the growth in the years to come. However, poor thermal capability and weather ability and its flammable property may restrain overall market growth in the coming years. North America Polyurethane (PU) industry is segmented based on product type, end use, and region

Access North America Polyurethane (PU) Market Report with TOC @ https://www.millioninsights.com/industry-reports/north-america-polyurethane-pu-market

Polyurethane elastomers, rigid polyurethane foam, adhesives & sealants, flexible polyurethane foam, polyurethane coatings, and other product types could be explored in North America Polyurethane (PU) in the forecast period. Polyurethane elastomers sector comprises cast polyurethane elastomers, sprayed polyurethane elastomers, and others. Rigid polyurethane foam sector accounted for the substantial market share of North America Polyurethane (PU) and is estimated to continue its dominance in the coming years. However, flexible polyurethane board is estimated to have high demand from end users like transportation, packaging, furniture, bedding, textiles, and others as they have good handling strength, durability, energy absorption property, and resiliency.

The market may be categorized based on end users like packaging, furniture & bedding, footwear, construction, automotive, electronics & appliances, and others that could be explored in the forecast period. Construction sector accounted for the substantial market share of North America Polyurethane (PU) and is estimated to lead the overall market in the coming years. This may be because of high spending in the United States, to improve public infrastructure and existing road. Also, electronics & appliances id estimated to grow at fastest pace with significant CAGR in the coming years.

The United States accounted for the substantial market share of North America Polyurethane (PU) and is estimated to lead the overall market in the coming years. The reason behind the overall market could be high demand for PU products from several end users like automotive, furniture, packaging, and construction and high consumer disposable income. Mexico follow suit and is estimated to have a positive influence on the future growth. Also, it is estimated to grow at significant CAGR in the coming years. The aspects that may be ascribed to the growth comprise growing demand for lightweight and energy-efficient materials.

The key players of North America Polyurethane (PU) Market are Alchemie Ltd., BASF, Mitsui Chemicals America, Inc., The Dow Chemical Company, Tosoh America, Inc., Bayer Material Science, and Huntsman Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

Request a Sample Copy of North America Polyurethane (PU) Market Report @ https://www.millioninsights.com/industry-reports/north-america-polyurethane-pu-market/request-sample

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Elastic Adhesives & Sealants Market to Boom in Near Future by 2027

Stratview Research, a global market research firm announces the release of the report titled – Elastic Adhesives & Sealants Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.

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According to this report, the global Elastic Adhesives & Sealants Market is estimated to growth at a healthy CAGR of 5% by 2027.

Market Segments Analysis

The market researchers have studied the Elastic Adhesives & Sealants Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -

Key Players

The 3M Company

Arkema (Bostik)

Beijing Comens New Materials Co., Ltd.

CEMEDINE CO., LTD.

DowDuPont Inc.

H.B. Fuller Company

Henkel AG & CO.

KGaA

Henkel AG & CO.

KGaA

Threebond Holdings Co., Ltd.

Weicon GmbH & Co. KG.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Elastic Adhesives & Sealants Market value and growth drivers over the trend period of 2022-27. According to the report -

Elastic Adhesives & Sealants Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The growth in various end-use industries such as industrial, construction, and automotive & transportation is bolstering the demand for elastic adhesives & sealants, which in turn, is likely to drive the market during the forecast period.

Segment Analysis:

Based on Production Resin Type:

Based on the resin type, the market is segmented as PU, silicone, Silane-modified polymers (SMP), and others. Polyurethane is expected to hold the largest share of the market during the forecast period. PU-based elastic adhesives and sealants provide high toughness, abrasion resistance, flexibility and strength, low cure temperature, excellent low-temperature resistance, high environmental resistance, and adhesion to a wide variety of substrates. Depending on the structure of thermoset or elastomer and curing techniques, PU adhesives can be elastic or rigid. They are moisture sensitive and have relatively high shear and peel strength. PU adhesives are used in bonding windscreens and windows of passenger cars, trucks, tractors, and special vehicles, owing to their high elongation properties and stronger bonding. They also find applications in bonding fiberglass-reinforced plastic elements such as roof, side, and frontal panels.

Based on Region:

In terms of regions, Asia-Pacific is estimated to be the fastest-growing elastic adhesives & sealants market during the forecast period, with China, Japan, India, and Indonesia being the major countries with lucrative growth opportunities. The increase in demand from various packaging industries and improving economic conditions are the major factors for the promising market of the Asia-Pacific region. Factors such as new product innovations, new research and development projects, and the increase in demand from different end-use industries have also significantly contributed to the increasing demand for elastic adhesives & sealants in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Know more about the report, click here

What else are available in this report?

The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.

Report Scope

Report Objectives 

Research Methodology

Market Segmentation

Secondary Research

Primary Research

Breakdown of Primary Interviews by Region, Designation, and Value Chain

Data Analysis and Triangulation

Custom Research:

Stratview research delivers custom research services across the sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.

About Us Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.

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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.