Bio polyols are also known as natural oil polyols which are extracted form natural oils such as castor oil, soybean oil, palm oil, coconut oil and others. Castor oil is directly obtained from plants but the other oils such as soybean oil, palm oil, coconut oil are extracted from plants, but still they require some chemical modifications. The end product such as adhesives, coatings, sealants depends on the process regime and reaction conditions even though the different bio polyols are extracted from the same natural oil. Polyester and polyether oils are the two types of bio polyols. The increasing cost of petrochemical feedstocks and growing awareness for environmentally friendly products are the key factors to rise in demand for bio polyols.
The report explains that global Bio Polyols market which is segmented on the basis of raw material, types, end user, application and geography. Global bio polyol market is segmented on the basis of raw material such as sawgrass oil, soybean oil, castor oil, rapeseed oil, palm oil, coconut oil and others. Based on types, bio polyols market is classified into polyester and polyether. The global market is segmented based on the different end user industries such as construction, automotives, carpet, furniture, electronics and others. The global market is further segmented on the basis of different applications such as polyurethane foams, adhesives, coatings, sealants, elastomers and other. Each of these segments is further broken down to give an in-depth analysis of the market. The report analyses the bio polyols market in various applications and covers the market demand with respective regions.
This report gives detailed information about the product value chain right from the beginning which includes raw materials till end-use. The market is evaluated based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
Sample Companies Profiled in this Report are:
- BASF SE
- Bayer MaterialScience
- Cargill Inc.,
- Mitsui Chemicals Inc.,
- Shell chemicals Ltd,
The study includes the demand of this particular market on a global and regional scale for a six year period of 2017-2022, both in terms of volume (kilo tons) and revenue ($ billion).