PUBLISHER: Allied Market Research | PRODUCT CODE: 1193349
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193349
The global green polyols market was valued at $7.3 billion in 2021, and is projected to reach $17.2 billion by 2031, growing at a CAGR of 9.1% from 2022 to 2031.
Green polyols are most typically used as the primary component in the production of polyurethanes, the sixth most significant polymer family. Green polyols are used in bedding & upholstery, print rollers, fabric coatings, and footwear midsoles. Green polyol polyurethane enables the production of seating that is readily constructed, dismantled, and recycled while maintaining excellent performance criteria across a wide range of stiffness and weight. Polyurethane foams are used to make arm rests, head rests, cushioned instrument panels, and other components of the car's interior.
Green polyols are employed in practically any range of forms and hardness compared to substitute goods due to their light weight, durability, support, and comfortability. Alternative Latex lesser quality foams can break down quickly, producing sagging difficulties within a few months or years. Green polyols are utilized in the automobile sector to increase the tensile stability, impact resistance, and low and high-temperature properties of vehicle seats, bumpers, suspension insulators, and other interior components. Green polyols artificial leather is becoming more popular in applications such as textiles, footwear, outerwear, and furniture, among others, where a leather-like texture is desired. Thus, the increasing demand for end-use industry is expected to market growth.
Rising demand for bio-based polyols in car manufacturing will generate a lucrative opportunity during the forecast period. Green polyols are among the most versatile polymers, being used in rigid and flexible foams in coatings, films, and other products. Green polyols are made from a variety of basic materials, including thermoplastics, elastomers, and adhesives. Green polyols can increase load-bearing or hardness qualities in molded foams such as automobile seats and headrests when compared to traditional polyols, which are widely used in the automotive sector.
The green polyols market is segmented into type, application, end-use industry, and region. On the basis of type, the market is bifurcated into polyether polyols and polyester polyols. On the basis of application, the market is categorized into polyurethane foam, adhesives & sealants, coatings, and others. On the basis of the end-use industry, the market is classified into furniture & bedding, construction, packaging, automotive, and others. Region-wise, the green polyols market share is studied across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the global green polyols market include Synthesia Technology Group, UniSol, BASF SE, Cargill Incorporated, Arkema, Covestro AG, IQS Global, BioBased Technologies, Emery Oleochemicals LLC, and Roquette.
Key Benefits For Stakeholders
By Type
By Application
By End-use Industry
By Region