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Global Bio-based Polyurethane Market 2016-2020

About Bio-based Polyurethane

Adipic acid, a petroleum-based compound, and few other di-acids are the commonly used conventional raw materials for manufacturing polyurethanes. However, natural oil polyols or bio-polyols derived from vegetable oils can also be used for manufacturing polyurethanes. These products are called bio-based polyurethanes.

The most common sources of natural oil polyols include soy oil, castor oil, peanut oil and canola oil. Castor oil is primarily used for producing natural oil polyol due to the availability of ready hydroxyl group unlike other oils that require the introduction of hydroxyl group by other procedures. Polyols derived from Natural oils have comparable origins and applications but the materials produced are different depending on their manufacturing process. Apart from adipic acid, bio-based succinic acid and 1,4 butanediol can be combined with the required isocyanates to produce polyurethanes with up to 70% bio content.

Technavio’s analysts forecast the global bio-based polyurethane market to grow at a CAGR of 6.75% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global bio-based polyurethane market for 2016-2020. To calculate the market size, the report considers revenue generated from numerous applications of bio-based polyurethane in different end-user segments.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Bio-based Polyurethane Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • Cargill
  • Covestro
  • Dow Chemical
  • Dow Chemical
Other prominent vendors
  • Hitachi Chemical company
  • Mitsui Chemicals
  • Myriant
  • RAMPF Polymer Solutions
  • Rhino Lining
  • SNP
Market driver
  • Growth prospects in emerging markets
  • For a full, detailed list, view our report
Market challenge
  • Elevated cost of production
  • For a full, detailed list, view our report
Market trend
  • Augmented investment in R&D
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Bio-based Polyurethane Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Bio-based Polyurethane Market: BASF, Cargill, Covestro, Dow Chemical, and Dow Chemical.

Other Prominent Vendors in the market are: Hitachi Chemical Company, Mitsui Chemicals, Myriant, RAMPF Polymer Solutions, Rhino Lining, and SNP.

Commenting on the report, an analyst from Technavio’s team said: “The demand for bio-based polyurethane from various end-users such as the automotive industry is expected to increase during the forecast period. Therefore, vendors in the market are investing substantially in R&D to develop bio-based polyurethane. The major investment in R&D is directed toward improving the efficiency of bio-based polyurethanes.”

According to the report, the growth in packaging, automotive, footwear, furniture, and construction industries in emerging markets is expected to foster the market growth during the forecast period.

Further, the report states that the cost of production of bio-based polyurethane is higher than that of conventional thermoplastic polyurethane. Most consumers in the market prefer cheaper alternatives. The extensive price difference between the counterparts poses a challenge to the market. Further, the technologies required to manufacture bio-based thermoplastic polyurethane are costlier and sophisticated.





Companies Mentioned

BASF, Cargill, Covestro, Dow Chemical, Dow Chemical, Hitachi Chemical Company, Mitsui Chemicals, Myriant, RAMPF Polymer Solutions, Rhino Lining, SNP.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global bio-based polyurethane market
    • Market size and forecast
      • Table Bio-based polyurethane market 2015-2020 (million tons)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global bio-based polyurethane market by product type
      • Table Global bio-based polyurethane market by product type 2015
      • Table Global bio-based polyurethane market by product type 2020
    • Flexible foams
      • Table Global bio-based polyurethane market in flexible foam segment 2015-2020 (million tons)
      • Table Projected sales of motor vehicles 2016-2020 (millions)
    • Rigid foams
      • Table Global bio-based polyurethane market in rigid foam segment 2015-2020 (million tons)
    • CASE
      • Table Global bio-based polyurethane market in CASE segment 2015-2020 (kilo tons)
  • Market segmentation by application
    • Global bio-based polyurethane market by application
      • Table Global bio-based polyurethane market by application 2015
      • Table Global bio-based polyurethane market by application 2020
    • Global bio-based polyurethane market in bedding and furniture segment
      • Table Global bio-based polyurethane market in bedding and furniture segment (kilo tons)
    • Global bio-based polyurethane market in construction segment
      • Table Global bio-based polyurethane market in construction segment 2015-2020 (million tons)
    • Global bio-based polyurethane market in electronics segment
      • Table Global bio-based polyurethane market in electronics segment (kilo tons)
    • Global bio-based polyurethane market in automotive segment
      • Table Global bio-based polyurethane market in automotive segment 2015-2020 (million tons)
      • Table Global vehicle production statistics 2015 (passenger cars, light commercial vehicles, heavy transport vehicles, buses, and coaches)
  • Market segmentation by geography
    • Global bio-based polyurethane market by geography
      • Table Global bio-based polyurethane market by geography 2015
      • Table Global bio-based polyurethane market by geography 2020
    • Bio-based polyurethane market in APAC
      • Table Bio-based polyurethane market in APAC (million tons)
    • Bio-based polyurethane market in Americas
      • Table Bio-based polyurethane market in Americas 2015-2020 (million tons)
    • Bio-based polyurethane market in Europe
      • Table Bio-based polyurethane market in Europe (million tons)
    • Bio-based polyurethane market in rest of world (ROW)
      • Table Bio-based polyurethane market in ROW 2015-2020 (kilo tons)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • BASF
      • Table BASF: Business segmentation by revenue 2015
      • Table BASF: Revenue segmentation by geography 2015
    • Cargill
      • Table Cargill: Key market segments
      • Table Cargill: Investment segmentation by geography 2015
    • Covestro
      • Table Covestro: Business segmentation by revenue 2015
      • Table Covestro: Revenue segmentation by geography 2015
    • Dow Chemical
      • Table Dow Chemical: Business segmentation by revenue 2015
      • Table Dow Chemical: Revenue segmentation by geography 2015
    • Lubrizol
      • Table Lubrizol: Business segmentation
      • Table Lubrizol: End-markets served and key applications
  • Appendix
    • List of abbreviations
  • Explore Technavio

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