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Global Bio-Based Polyurethane Sales Market Will Reach 38 Million US$ by the End of 2025

Global Bio-based Polyurethane Sales Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.

 

City of Industry, CA -- (SBWIRE) -- 06/15/2018 -- This report studies the global Bio-based Polyurethane market status and forecast, categorizes the global Bio-based Polyurethane market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Bio based polyurethane refers to product use renewable biological materials, including crops, trees, other plants and their residues as raw materials, polyurethane products produced through biochemical, physical and other methods.

The main production areas are in USA and Europe while the main consumption is in North America, Asia. The production was increasing from 2011 to 2016, at the end of 2016, it expect that the production of bio-based polyurethane over 2000 MT.

The price of Bio-based polyurethane is also decline in the past five years because of the market impact. Compared to the traditional PU, the price of this product is too high. The global grow margin is at about 18%, and after 2014, the grow margin decreased in a certain extent.

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There are a few manufactures of the Bio-based polyurethane in the world, the largest company occupy about 16% market share, mainly in the United States and Europe. BASF, Lubrizol, Dow Chemical stands for the industry's development.

The global Bio-based Polyurethane market is valued at 22 million US$ in 2017 and will reach 38 million US$ by the end of 2025, growing at a CAGR of 7.1% during 2018-2025.

The major players covered in this report

BASF

Lubrizol

Dow Chemical

SNP

Mitsui Chemicals

Rampf Holding

Johnson Controls

Rhino Linings

Bayer Material

Woodbridge Foam

Malama Composites

TSE Industries

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