Global Bio-Based Polyurethane Market 2020 – Huge Market Growth Till 2027 - PowerPoint PPT Presentation

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Global Bio-Based Polyurethane Market 2020 – Huge Market Growth Till 2027


The Global Bio-Based Polyurethane Market is witnessing a remarkable growth owing to an increase in the demands for the products and a tremendous shift in consumer preferences. – PowerPoint PPT presentation

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Title: Global Bio-Based Polyurethane Market 2020 – Huge Market Growth Till 2027

Bio-Based Polyurethane Market To Reach USD
96.1 Million
By 2027
Market Summary
The growing demand of the Bio PU in the
construction sector, along with the increased
application in CASE will boost the market
growth. 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. Complex assembling
procedures and significant expense contrasted
with its engineered partner are required to stay
a key test for bio-PU advertise members..
Market Summary
  • COVID-19 has impacted the market negatively. The
    weaker consumer demand for lifestyle and
    well-being products due to the imposition of
    lockdown and social restrictions will have a
    negative impact on the demand for cosmetics and
    certain food additives. The COVID-19 pandemic has
    crippled various industries, along with public
    construction. The activity will more likely cease
    due to the imposition of lockdown and social
    distancing, and work will halt due to the supply
    chain disruption, the termination of contracts to
    control expenses, and the shortage of
    subcontractors and materials. However, the ease
    in restrictions and the government initiatives
    to start the economic activities in the consumer
    goods market creates hope for the imminent
    recovery of the market.
  • 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.

Market Summary
Key market players include BASF SE, Bayer
Material Science, The Dow Chemical Company,
Biobased Technologies and Mitsui Chemicals For
the purpose of this report, Reports and Data have
segmented into the global Bio PU market on the
basis of raw material, application, end-use, and
region 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
Market Summary
Further key findings from the report
suggest End-Use Outlook (Revenue, USD Million
Volume, Tons 2017-2027) Furniture
Interiors Construction Automotive Footwear
Others Regional Outlook (Revenue, USD Million
2017-2027) North America U.S Canada Mexico
About US
Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help
clients make a smarter business decision. We
offer market intelligence studies ensuring
relevant and fact-based research across a
multiple industries including Healthcare,
Technology, Chemicals, Power, and Energy. We
consistently update our research offerings to
ensure our clients are aware about the latest
trends existent in the market. Reports and Data
has a strong base of experienced analysts from
varied areas of expertise. Contact US John
Watson Head of Business Development Reports And
Data Web Direct Line
1-212-710-1370 E-mail
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