Bio-Based Polyurethane Market To Reach USD 96.1 Million By 2027
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Market Summary Market Size – USD 46.6 Million in 2019, Market Growth - CAGR of 9.5%, Market Trends – High demand in CASE (Coatings, Adhesives, Sealants & Elastomers. The global Bio-Based Polyurethane Market is forecast to reach USD 96.1 Million by 2027, according to a new report by Reports and Data. Developing inclination for bioplastics under ecological concerns is
required to drive worldwide bio-PU showcase throughout the following years. The growing interest in economical items from development, car, and footwear ventures is likewise expected to impact showcase development. Further key findings from the report suggest • Construction was the most significant end-use industry for the bio-PU showcase and represented 35% of total volume in 2019. Expanding development of green structures combined with developing customer inclination towards eco-accommodating development materials, for example, splash foams and coatings, cements, sealants, and elastomers (CASE) is relied upon to drive the market.
• Car applications are required to command bio-PU advertise, with requests evaluated to develop at a CAGR of 7% from 2014 to 2020. Expanding adaptable froth requests from major car OEMs, particularly in the U.S., for vehicle seats, headrests, and dashboards, are relied upon to drive the market. www.reportsanddata.com
Market Summary Key Players: BASF SE, Bayer Material Science, The Dow Chemical Company, Biobased Technologies and Mitsui Chemicals
Segmentation: Raw Material Outlook (Revenue, USD Million; Volume, Tons; 2017-2027) • Vegetable Oils • Cashew nut shell liquid (CNSL) • Tarpene • Eucalyptus tar • Others Application Outlook (Revenue, USD Million; Volume, Tons; 2017-2027) • Rigid Foams • Flexible Foams • CASE • Others Avail the inside scoop of the Sample report @ https://www.reportsanddata.com/sample-enquiry-form/3366 www.reportsanddata.com
Market Summary End-Use Outlook (Revenue, USD Million; Volume, Tons; 2017-2027) • Furniture & Interiors • Construction • Automotive • Footwear • Others
Regional Outlook for Bio-Based Polyurethane Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Download summary of the Report @ https://www.reportsanddata.com/download-summary-form/3366 www.reportsanddata.com
The report emphasizes the following key questions:
Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
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