A11898 | Pages: NA | Jul 2022 | 1117 Views | ||
Author(s) : Eswara Prasad | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Green Polyols Market
Request Now !Green polyol is an important raw material used in the production of thermoplastic, elastomers, adhesives, artificial leather, and coatings. It contains multiple hydroxyl groups. It is derived from polyurethane and polyethylene terephthalates. The increasing application of bio friendly organic compounds and growing demand of construction industry is driving the market. Due to its eco-friendly nature, automobile and construction sectors are actively employing the material in various applications. Continuous investments are made in the sector mainly in the Asia-Pacific region for continuous and enhanced investment opportunities. China being a prominent exporter and producers of furniture and adding to that these green polyols are used in carpet backing, furniture, and for bedding applications, therefore has a great demand in China. However, its extraction is based on the availability of crude oil, which is subject to changing prices, which is the only factor that hinders the market.
Market scope and Structure Analysis
Report Metric | Detail |
Market size available for years | 2020-2030 |
Base year considered | 2020 |
Forecast period | 2021-2030 |
Forecast unit | Value(USD) |
Segments Covered | Type, Application, End Use, and Region |
Regions Covered | North America, Europe, Asia-Pacific, LAMEA |
Companies Covered | BASF SE, The Dow Chemical Company, Arkema S.A, Bayer Material Science, BioBased Technologies LLC, E.I. du Pont de Nemours and Company, Global Bio-Chem Technology Group, INVISTA S.A.R.L, Jayant Agro-Organics Limited. Stepan Company, Emery Oleochemicals Ltd., Cargill Incorporated Ltd. |
Covid-19 Impact Analysis
Top Impacting Factors
In recent market developments, the green polyols have quite a following because of its eco-friendly nature. Due to its improved quality of hydrolytic stability and excellent tolerance level it is used as coating, sealant, and an elastomer. Foam is widely used in high resilience, flexible foam, seating, insulation panels, gaskets, and microcellular foams seals. It also has the property of being light, supportive, durability, and comfortable and can be created in almost any shapes and sizes with desired firmness. The demand of polyurethane flexible foam is high in dense population regions where the population is increasing along with increase in construction activities in the emerging economies and refurbishment activities in the developed regions in North America and Europe. Moreover, since the automobile industry is being highly focused on in the recent times, their demand has also led to the surge experienced in the market.
Market trends
Key Segments Covered
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Application
End-Use
Key Players
Region
Key Benefits of the Report
This study presents the analytical depiction of the green polyols industry along with the current trends and future estimations to determine the imminent investment pockets.
Questions answered in the Green Polyols Market Report
Key Market Segments
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Key Market Players
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