Bio-Based Polyurethane Market Analysis Report and Development Trends Upto 2021
A latest addition to the DecisionDatabases.com repository is the addition of Global Bio-Based Polyurethane Market Research Report 2021. The report along with the industry analysis gives a detailed account of big manufacturers and producers of the industry.
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Bio-based polyurethanes are produced chemically by the reaction bio-based polyols with synthetic diisocyanates. The raw materials used in the bio-polyols are feedstock such as sunflower oil, rapeseed oil, castor oil, soybean oil etc. Bio-based polyurethane is used in the production of automotive, insulators, footwear, apparel etc. The construction sector dominates the market share of Bio-based polyurethanes due to growing spending in infrastructure and urbanization across the developing economies. Automotive sector is expected to grow during the forecast period.
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The key drivers for this market are increasing demand for eco-friendly polymers, increasing environmental regulations and volatile prices of conventional polyurethane. The favorable government policies for manufacturing bio-based products and stringent environmental regulations for manufacturing of synthetic polymers is expected to drive bio-based polyurethane market.
Major player assessed in the report is :
– Biobased Technologies
– Dow Chemical Company
– Hitachi Chemical Company
– Johnson Controls Inc.
– Mitsui Chemicals
– Rampf Ecosystems
– Rhino Linings
The shifting focus of end-use industries such as automotive, packaging and construction towards bio-based materials is expected to create opportunities for bio-based polyurethane market over the forecast period. The key constraints of Bio-based polyurethane market are complex technology and high manufacturing costs. Technological advancements and increasing capacity in emerging economies may help bio-based PU market to overcome the challenges in the near future.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
SEGMENTATIONS IN REPORT :
1. Bio-Based Polyurethane By Product :
– Rigid Foams
– Flexible Foams
2. Bio-Based Polyurethane By End-Use :
– Furniture & Interiors
– Others (Packaging, Insulating Materials)
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Spray polyurethane foam is a composition of isocyanate and polyol resin which is sprayed in the form of foam. This foam is act as an insulating material and a replacement to the conventional insulation. They are used onto building, concrete slabs, roof tiles, into wall or holes cavities, etc.
View More : http://www.decisiondatabases.com/ip/430-spray-polyurethane-foam-market-report