Bio Polyols Market - Forecast(2022 - 2027)

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Bio Polyols Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Bio Polyols market size is forecast to
  reach US7.8 billion by 2026, after growing at
  a CAGR of 10.2 during 2021-2026. The increasing
  awareness about the environment and the rising
  prices of petroleum are the reasons for soaring
  demand of bio polyols.
• The eco-friendly and sustainable nature of bio
  polyols, supply of bio-based feedstock and
  fluctuations of crude oil prices are driving the
  global bio polyols market.
• A polyol is an organic compound containing
  multiple hydroxyl groups. Bio polyols are
  extracted from natural oils like castor oil,
  soybean oil, canola oil, coconut oil and others.

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• Key Takeaways
• North America dominates the bio polyols market,
  owing to the increase in production of soy-based
  polyols which result in increased usage of bio
  polyols in the region.
• The escalating use of polyurethanes in the
  automotive industry consecutively increases the
  demand for bio polyols. Thus, driving the market
  growth. 
• Increasing applications for environmentally
  friendly polyols in various end use industries
  notably in automobiles, technological
  advancements in the construction industry are
  expected to drive the demand for bio polyols
  through the years to come 

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Bio Polyols Market Segment Analysis By
Type The polyether polyols segment held the
largest share of more than 55 in the bio polyols
market in 2020. Polyether polyols are the key
components used in the production of
polyurethanes. Polyether-based polyurethanes
provide enhanced hydrolytic stability and
excellent resistance to weak acids and bases
compared to polyester-based polyurethanes. So,
polyether polyols are used in coating, adhesive,
sealant, and elastomer applications.
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• Bio Polyols Market Industry Outlook 
• BASF S.E
• Stepan Company
• Bayer Material Science
• Mitsui Chemicals Inc.
• Bio Based Technologies Llc
• Johnson Controls Inc.
• Cargill Inc.
• The Dow Chemical Company
• Jayant Agro Organics Ltd.

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Bio Polyols Market- Forecast(2022 -
2027) Learn More About the Report _at_
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ols-market.html
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