PUBLISHER: QYResearch | PRODUCT CODE: 1866637
PUBLISHER: QYResearch | PRODUCT CODE: 1866637
The global market for Bio-Based Polyurethane was estimated to be worth US$ 99 million in 2024 and is forecast to a readjusted size of US$ 139 million by 2031 with a CAGR of 5.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Bio-Based Polyurethane cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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.In 2024, global Bio-Based Polyurethane production reached approximately 15226 MT, with an average global market price of around US$ 6525 per MT.
The bio-based polyurethane (PU) market is centered on polyurethanes derived from renewable raw materials such as vegetable oils, starch, and other biomass sources, offering an eco-friendly alternative to conventional petroleum-based PU. These materials are increasingly in demand due to rising global awareness of sustainability, stricter environmental regulations, and corporate commitments to reduce carbon footprints. Bio-based PUs retain the versatile properties of traditional polyurethane-such as flexibility, durability, abrasion resistance, and insulation-making them suitable for use in coatings, adhesives, sealants, elastomers, and foams. The push toward green chemistry and circular economy principles is a key driver, especially in industries such as automotive, furniture, packaging, and construction.
Regionally, Europe and North America are leading the adoption of bio-based PU, driven by stringent regulations, strong government incentives, and a mature customer base that values sustainable products. Meanwhile, Asia-Pacific is emerging as the fastest-growing market, propelled by rapid industrialization, urbanization, and rising consumer demand for eco-friendly materials in countries like China, Japan, and India. Major challenges include higher production costs compared to conventional PU and limited large-scale availability of bio-based feedstocks. However, ongoing innovations in feedstock processing, bio-refinery integration, and advances in material performance are expected to lower costs and broaden application areas. Overall, the bio-based polyurethane market is poised for steady growth as industries seek sustainable solutions without compromising on performance.
This report aims to provide a comprehensive presentation of the global market for Bio-Based Polyurethane, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Bio-Based Polyurethane by region & country, by Type, and by Application.
The Bio-Based Polyurethane market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-Based Polyurethane.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Bio-Based Polyurethane manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Bio-Based Polyurethane in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Bio-Based Polyurethane in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.