< Key Hightlight >

The global Bio-Based Polyurethane (PU) market was valued at 24.78 Million USD in 2020 and will grow with a CAGR of 6.79% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Bio based polyurethane refers to product use renewable biological materials, including crops, trees, other plants and their residues as raw materials, polyurethane products produced through biochemical, physical and other methods.Bio-based polymers generally have a lower CO2 footprint and are associated with the concept of sustainability. Because of concerns about the depletion of fossil resources and the global warming associated with the use of petrochemicals, new bio-based polymers continue to be developed. Asia Pacific was the largest producer of bio-based polyurethane and accounted for just less than one-third of total production in 2017. Abundant availability of synthetic diisocyanates and increasing production capacities of regional bio-PU manufacturers are the major factors that contributed to bio-based polyurethane market growth. The regional market is anticipated to witness the highest growth over the forecast period on account of increasing infrastructure spending especially in emerging economies such as China, India, and Japan. The growth of automotive and packaging industries may also spur growth in demand for these bio-polymers in this region.
By Market Verdors:
BASF
Lubrizol
DowDuPont
SNP
Mitsui Chemicals
Rampf Holding
Johnson Controls
Rhino Linings
Bayer Material
Woodbridge Foam
Malama Composites
TSE Industries

By Types:
Rigid Foams
Flexible Foams
Case (coatings, adhesives, sealants and elastomers)

By Applications:
Construction
Automotive
Electronics & Electrical Appliances

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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