DALLAS, TEXAS–(Marketwired – Dec. 30, 2013) – The report, “Green Polyol & Bio Polyol Market by Type (Polyester & Polyether), Application (Rigid/flexible PU Foam, Coating, Adhesive & Sealant), End-user (Construction, Transportation, Packaging, Furniture & Carpet) & Geography – Global Trends & Forecasts 2018″ by MarketsandMarkets, defines and segments the global Green & bio polyol market with analysis and forecasting of the market by revenue & volume.
Browse more than 74 market data tables with 38 figures and spread through 191 pages and in-depth TOC on “Green Polyol & Bio Polyol”
North America is currently the largest consumer of green & bio polyols. The U.S. is the largest consumer of green & bio polyols in North America. Corn and Soybean are primarily used as feedstock to produce bio-based polyols in North America. The demand for Green & Bio Polyols Market is driven from end user industries such as automotive, packaging and furniture. The automotive industry in North America is the largest consumer of green & bio polyols. Almost 70.0% vehicles manufactured by Ford Motor Company in North America contained seat components that use green & bio polyols. Cargill Inc. (U.S.), The DOW Chemical Company (U.S.), Johnson Controls Inc. (U.S.), etc are among the largest manufacturers of green & bio polyols in North America.
Polyurethane rigid foams are currently the biggest application for green & bio polyols. Its consumption is expected to increase from 456.8 kilotons by 2018. Polyurethane rigid foams have insulating properties; thus, making them appropriate for use in applications such as refrigeration, packaging, construction, etc. The environmental benefits of rigid polyurethane foam are significant, and include increasing energy efficiency and reductions in construction costs, and reducing overall project costs. Asia-Pacific is currently the fastest growing consumer of green & bio polyol based polyurethane rigid foams.
Cargill Inc. (U.S.), BASF SE (Germany), Emery Oleochemicals (H) SDN BHD (Malaysia) etc are major manufacturers of bio-based polyols. Petopur GmbH (Germany), Rampf Ecosystems (Germany), etc are major manufacturers of green/recycled polyols.
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