PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635083
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635083
Bio-Based Polyurethane Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)
The global bio-based polyurethane market is projected to grow from an estimated $40.6 million in 2024 to $72.1 million by 2030, reflecting a compound annual growth rate (CAGR) of 9.9% during the forecast period. This growth is driven by the increasing demand for sustainable and eco-friendly materials across various industries, including footwear, biomedical, packaging, and transportation. Bio-based polyurethane offers advantages such as lower environmental impact, biodegradability, and cost-effectiveness compared to traditional petrochemical-based counterparts.
Key Insights
Bio-based polyurethane is utilized in various forms, including rigid and flexible foams, coatings, adhesives, and sealants. These versatile applications cater to diverse industry needs, enhancing the material's adoption across sectors.
The building and construction industry represents the largest end-user segment, leveraging bio-based polyurethane for its superior properties such as high compressive and tensile strength, flexibility, and chemical resistance. Other significant end-users include the automotive, consumer goods, electrical and electronics, and packaging industries.
Asia-Pacific holds the largest market share, attributed to the region's expanding industrial base and increasing environmental awareness. North America is anticipated to experience the fastest growth during the forecast period, driven by supportive government policies and a growing preference for sustainable materials.
Ongoing research and development efforts are focused on enhancing the properties of bio-based polyurethane, making it a viable alternative to conventional materials. Innovations in raw material sourcing and manufacturing processes are expected to further boost market growth.
Despite its advantages, the higher production costs associated with bio-based polyurethane compared to traditional options pose a challenge to market expansion. However, increasing environmental regulations and consumer demand for sustainable products are likely to mitigate this challenge over time.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by end use
- 1.4.3. Market size breakdown, by region
- 1.4.4. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Product (2019-2030)
- 6.3. Market Revenue, by End Use (2019-2030)
- 6.4. Market Revenue, by Region (2019-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Product (2019-2030)
- 7.3. Market Revenue, by End Use (2019-2030)
- 7.4. Market Revenue, by Country (2019-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Product (2019-2030)
- 8.3. Market Revenue, by End Use (2019-2030)
- 8.4. Market Revenue, by Country (2019-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Product (2019-2030)
- 9.3. Market Revenue, by End Use (2019-2030)
- 9.4. Market Revenue, by Country (2019-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Product (2019-2030)
- 10.3. Market Revenue, by End Use (2019-2030)
- 10.4. Market Revenue, by Country (2019-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Product (2019-2030)
- 11.3. Market Revenue, by End Use (2019-2030)
- 11.4. Market Revenue, by Country (2019-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Product (2019-2030)
- 12.3. Market Revenue, by End Use (2019-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Product (2019-2030)
- 13.3. Market Revenue, by End Use (2019-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Product (2019-2030)
- 14.3. Market Revenue, by End Use (2019-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Product (2019-2030)
- 15.3. Market Revenue, by End Use (2019-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Product (2019-2030)
- 16.3. Market Revenue, by End Use (2019-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Product (2019-2030)
- 17.3. Market Revenue, by End Use (2019-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Product (2019-2030)
- 18.3. Market Revenue, by End Use (2019-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Product (2019-2030)
- 19.3. Market Revenue, by End Use (2019-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Product (2019-2030)
- 20.3. Market Revenue, by End Use (2019-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Product (2019-2030)
- 21.3. Market Revenue, by End Use (2019-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Product (2019-2030)
- 22.3. Market Revenue, by End Use (2019-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Product (2019-2030)
- 23.3. Market Revenue, by End Use (2019-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Product (2019-2030)
- 24.3. Market Revenue, by End Use (2019-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Product (2019-2030)
- 25.3. Market Revenue, by End Use (2019-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Product (2019-2030)
- 26.3. Market Revenue, by End Use (2019-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Product (2019-2030)
- 27.3. Market Revenue, by End Use (2019-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Product (2019-2030)
- 28.3. Market Revenue, by End Use (2019-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. BASF SE
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Mitsui Chemicals Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Covestro AG
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Huntsman International LLC
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Lubrizol Corporation
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Woodbridge Foam Corporation
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Rhino Linings Corporation
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Malama Composites Inc.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. RAMPF Holding GmbH & Co. KG
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. MCPU Polymer Engineering LLC
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Miracll Chemicals Co. Ltd.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Stahl Holdings B.V.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
