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Bio-Based Polyurethane Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Bio-Based

The “Bio-Based Polyurethane Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Bio-Based Polyurethane Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Bio-Based Polyurethane market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Bio-Based Polyurethane Market Are:

  • BASF SE
  • Cargill, Incorporated
  • Covestro AG
  • DowDuPont
  • Huntsman International LLC.
  • Johnson Controls.
  • Mitsui Chemicals, Inc.
  • The Lubrizol Corporation
  • TSE Industries, Inc.
  • Woodbridge

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    Market Overview:

  • The market for bio-based polyurethane is expected to expand at CAGR of more than 6% during the forecast period of 2019 – 2024. One of the key factors driving the market studied is the demand for sustainable materials in various industries.
  • – The high cost of research & development is expected to hinder the growth of the market studied.
  • – Industrial growth in Middle East & Africa is expected to act as an opportunity during the forecast period. <

    Scope of the Report:

  • This report studies the global Bio-Based Polyurethane market size, industry status and forecast, competition landscape and growth opportunity.

    Bio-Based Polyurethane Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Bio-Based Polyurethane market?
    • What are the key market trends impacting the growth of the global Bio-Based Polyurethane market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Bio-Based Polyurethane market?
    • What are the market opportunities and threats faced by the vendors in the global Bio-Based Polyurethane market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Bio-Based Polyurethane market?

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    Key Market Trends:

    Increasing Demand from the Construction Industry

    – Steel, concrete, and mortar still dominate the construction industry. However, the current generation is putting greater efforts toward achieving a circular economy, by using recyclable and renewable raw materials.
    – Bio-based polyurethane is finding a strong ground, owing to the preference by the government, producers, and consumers to shift toward bio-based renewable resources. In order to reduce the consumption of polymers derived from non-renewable fossil fuels and to promote environmental preservation, several initiatives have been taken up by numerous organizations and governmental bodies, to promote the usage of bio-based products in several key sectors.
    – Currently, the German Federal Ministry of Food and Agriculture (BMEL) is funding a project named PULaCell. The aim of this project is to develop bio-based reinforcing profiles for solid wood construction materials, and several industrial companies and research institutes are developing bio-based, cellulose fiber-reinforced polyurethane profiles, which are expected to make future wood-based materials stronger.
    – Various emerging economies, such as Indonesia, Vietnam, and the Philippines, have been witnessing robust growth in construction activities. Strong economic performance in 2019 is expected to further accelerate the growth in the housing construction activities in the region. The growth of the market studied is majorly driven by the urbanization, increase in disposable incomes of individuals, construction of new houses, and activities, such as repainting of old infrastructures.
    – Therefore, the growth of the construction industry is expected to increase the demand for bio-based polyurethane over the forecast period.

    Asia-Pacific to Dominate the Market

    – Asia-Pacific is the largest producer of bio-based polyurethane with a high abundance of synthetic di-isocyanates in the region.
    – The emerging construction markets, such as India, Indonesia, the Philippines, and Vietnam are coming up with PPPs and construction projects.
    – These countries are seeking to bring in international firms with relevant technical expertise in the construction industry, which is likely to drive the market for bio-based polyurethane market in the region.
    – In Indonesia, millennials account for more than 50% of the productive population. With the increasing young population in the country, the housing demand has also been increasing simultaneously. In order to cater to the increasing demand for affordable houses, the construction of housing units has been increasing for the past couple of years.
    – Furthermore, in the furniture industry, PU foams are used to create the soft cores of sofas and other upholstered household furniture, commercial/institutional furniture, such as office chairs and sofas, and seating for theaters and stadiums. The demand for the furniture industry is increasing in the region.
    – The aforementioned factors are likely to increase the demand for bio-based polyurethane during the forecast period.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Bio-Based Polyurethane Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Bio-Based Polyurethane .

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    Report Objectives:

    • Analyzing the size of the Bio-Based Polyurethane market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Bio-Based Polyurethane market.
    • Determining the key dynamics of the Bio-Based Polyurethane market.
    • Highlighting significant trends of the Bio-Based Polyurethane market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Bio-Based Polyurethane market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Bio-Based Polyurethane market.

    Detailed TOC of Bio-Based Polyurethane Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand from the Construction Industry in Developing Countries
    4.1.2 Increasing Demand for Pre-set Products in Electronic Appliances and the Automotive Industry
    4.1.3 New Government Regulations
    4.1.4 Demand for Sustainable Materials
    4.2 Restraints
    4.2.1 High Cost of R&D
    4.2.2 Others
    4.3 Industry Value-Chain Analysis
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Raw Material Analysis
    4.6 Technological Snapshot
    4.7 Patent Analysis

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Foams
    5.1.2 Coatings
    5.1.3 Adhesive and Sealants
    5.1.4 Other Product Types
    5.2 By End-user Industry
    5.2.1 Transportation
    5.2.2 Footwear and Textile
    5.2.3 Construction
    5.2.4 Packaging
    5.2.5 Furniture and Bedding
    5.2.6 Electronics
    5.2.7 Other End-user Industries
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.2.4 Rest of North America
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Spain
    5.3.3.6 Rest of Europe
    5.3.4 Rest of the World
    5.3.4.1 Brazil
    5.3.4.2 Saudi Arabia
    5.3.4.3 South Africa
    5.3.4.4 Other Countries

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 BASF SE
    6.4.2 Cargill, Incorporated
    6.4.3 Covestro AG
    6.4.4 DowDuPont
    6.4.5 Huntsman International LLC.
    6.4.6 Johnson Controls.
    6.4.7 Mitsui Chemicals, Inc.
    6.4.8 The Lubrizol Corporation
    6.4.9 TSE Industries, Inc.
    6.4.10 Woodbridge

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Industrial Growth in Middle East & Africa
    7.2 Developments in Bio-based Building Materials

     

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