Green & Bio Polyol Market To Continue Growing In The Next Five Years, Report Says
DUBLIN, IRELAND – July 29, 2014 – Research and Markets has announced the addition of the "Green Polyol & Bio Polyol Market by Type, Application, End-user & Geography - Global Trends & Forecasts 2018" report to their offering.
This report on green & bio polyol includes two different types of polyols - polyester polyols and polyether polyols. Bio polyols are a category of polyols that are synthesized from natural oils such as soya, castor, rapeseed, corn, canola, palm, etc. Green polyols are synthesized by recycling PET (polyethylene terepthalate) and polyurethanes waste.
Green & bio polyols are used in applications such as polyurethane foams (flexible & rigid), coatings, adhesives, sealants, and others. Its end-user industry includes construction, transportation, carpet, packaging, furniture/bedding, and others. Green & bio polyol are substituting petroleum based conventional polyols owing to advantages such as:
- Availability of raw materials (Natural oils, PET/polyurethanes foam waste)
- Increasing prices of crude oil
- Lower carbon footprint leading to a higher sustainability for Green & bio polyols
The global market for green & bio polyol has grown significantly during the past few years and it is expected to growing at a rapid pace in the next five years, mainly driven by a growing consumption in the Asia-Pacific region.
The market revenue for Green & bio polyols in Asia-Pacific was $463.9 million in 2012. China, Japan, Malaysia, and India are the major markets for these polyols in Asia-Pacific. Other markets in Asia-Pacific include Taiwan, South Korea, Singapore, Indonesia, Philippines, and Thailand. The demand for these polyols in these markets is fueled by demand from end-user industries such as construction, transportations, and consumer durables.
This report aims to estimate the global market for 2013 and to project the expected demand of the same in 2018. This market research study provides a detailed qualitative and quantitative analysis of the global market. It provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. Opportunities for new entrants in light of market forces such as consumers' bargaining strength, raw material sourcing and market penetration threshold are analyzed using Porter's model.
The global market is segmented into four major geographies. These are North America, Europe, Asia-Pacific, and ROW. The major markets in these geographies such as the U.S., France, Germany, U.K., China, Japan, Malaysia, India, and Brazil are estimated and forecasted. The market is also segmented by various applications of these polyols. Various secondary sources, such as encyclopedia, directories, and databases to identify & collect information useful for this extensive commercial study of global market, have been used. The primary sources-experts from related industries and suppliers have been interviewed to obtain & verify critical information as well as to assess the future prospects of Green & bio polyols.
The competitive scenarios of the top players in the global market are discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include: BASF SE (Germany), The DOW Chemical Company (U.S.), Cargill Inc. (U.S.), Mitsui Chemicals (Japan), Petopur GmBH (Germany), Rampf Ecosystems (Germany), Emergy Oleochemicals (H) SDN BHD (Malaysia), etc.
Green Polyol & Bio Polyol Market Scope
Type
- Polyester
- Polyether
Application
- Rigid/flexible PU Foam
- Coating
- Adhesive & Sealant
End-user
- Construction
- Transportation
- Packaging
- Furniture & Carpet
About Research and Markets: Research and Markets is a source for international market research and market data. They hold thousands of major research publications from most of the leading publishers, consultants and analysts. Research and Markets provide the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. For more information on Research and Markets' "Global Polyurethane (PU) Foams Market Report 2013-2018", please use the contact information and links provided below.