The Green and Bio Polyols Market size was valued at USD 5.02 billion in 2023. It is expected to grow to USD 10.20 billion by 2031 and grow at a CAGR of 9.3% over the forecast period of 2024-2031.
Green polyols and bio polyols are environmentally friendly alcohol solutions with multiple hydroxyl groups. Green polyol is made from recycled PET and polyurethanes, whereas bio polyol is made from various vegetable oils such as canola, castor, and corn. Polyether polyols and polyester polyols are the two most common types of green polyols and bio polyols. These materials are used in a variety of applications, including adhesives, sealants, coatings, and polyurethane foams (flexible & rigid). Packaging, construction, transportation, furniture, and carpet are some of the end-user consumers of these polyols. Certain end-user industries, such as transportation and construction, are driving the demand for green and bio polyols. Several growth factors, such as the availability of raw materials and rising crude oil prices, which have led to price increases in conventional polyols, have contributed to the market's expansion. Other factors, such as a lower carbon footprint, have contributed to the increased sustainability of green polyols and bio polyols. However, the lack of technology and desired effects in comparison to conventionally used polyols are expected to slow the growth of the green polyol and bio polyol market.
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One of the prominent trends in this market is the increasing preference for sustainable and environmentally friendly products. As consumers become more conscious of the impact their choices have on the planet, there is a growing demand for materials that are derived from renewable sources. Green and bio-polys, derived from natural feedstocks such as vegetable oils and biomass, fit this requirement perfectly. Their production process emits fewer greenhouse gases and reduces dependence on fossil fuels, making them an attractive choice for environmentally conscious consumers.
Another significant trend in the green and bio-polyols market is the increasing adoption of these materials in various industries. Traditionally, polyols have been extensively used in the production of foams, coatings, adhesives, and sealants. However, with advancements in technology and growing awareness about the benefits of green and bio-based materials, their applications have expanded. Today, green and bio-polys are finding their way into sectors such as automotive, construction, furniture, and packaging. This diversification of applications is driving the market's growth and opening up new avenues for manufacturers.
Drivers
Increasing demand for sustainable and eco-friendly products
As consumers become more conscious of the environmental impact of their choices, there is a growing preference for products that are derived from renewable sources. Green and bio polyols, being derived from natural materials such as vegetable oils and biomass, offer a viable alternative to traditional petroleum-based polyols.
Increasing use in automotive, furniture, and construction industries
Polyurethanes are incredibly versatile polymers that find applications in a wide range of products, including rigid and flexible foams, coatings, films, and more. The production of polyurethane relies on important raw materials such as isocyanates, polyols, and various additives. Among these, polyols are the most crucial component of polyurethanes. These bio-based polyols can enhance load-bearing and hardness properties in molded foams, particularly in automotive seating and headrests, when compared to conventional polyols. By pouring and reacting raw materials into molds, manufacturers can achieve a specific and consistent shape for the foam. This molded foam is then utilized to enhance the aesthetics and ergonomics of seating and other components in automobiles, trucks, boats, buses, and aircraft. Polyurethane also finds applications in office furniture and bedding, such as pillows.
Restraints:
High production cost associated with these polyols
The production process involves complex technologies and requires significant investment, which can limit the market growth to some extent.
Opportunities
Strict policies and regulations implemented by governments and regulatory bodies to reduce carbon emissions
Rising consumer awareness regarding the harmful effects of traditional polyols on human health and the environment
Challenges
Limited availability of raw materials required for the production of green and bio-polyols
The Russia-Ukraine war has disrupted the supply chain of green and bio-polys, leading to a shortage in the market. The instability caused by the war has resulted in price volatility within the green and bio-polyols market. Fluctuations in currency exchange rates, trade restrictions, and increased production costs have all contributed to the unpredictability of prices. This poses a challenge for businesses operating in this sector, as they must adapt to these changes to remain competitive. The Russia-Ukraine war has also influenced consumer preferences within the green and bio-polyols market. As geopolitical tensions rise, consumers are becoming more conscious of the origin of the products they purchase. This has led to a shift in demand towards alternative suppliers and regions, as customers seek to distance themselves from the conflict-affected areas.
The economic downturn has disrupted global supply chains, causing delays in the production and distribution of green and bio-polys. Restrictions on international trade, scarcity of raw materials, and logistical challenges have hindered the smooth functioning of the market. These disruptions have not only affected the availability of green and bio-polyols but have also increased their prices, further impacting market growth. A more detailed analysis is included in the final report.
By Raw Material
Natural Oils and their Derivatives
Sucrose
Glycerin
Carbon Dioxide
Natural Oils and Their Derivatives dominated the Green and Bio Polyols Market with the largest revenue share of about 55% in 2023. The dominance of natural oils is driven by the presence of abundant and renewable resources of Natural oils like soybean, rapeseed, and palm oil which are readily available and can be replenished relatively quickly. Moreover, Different natural oils offer unique properties suitable for various applications. For example, castor oil provides high thermal stability, while soy oil offers good flexibility. In addition, compared to other raw materials like sucrose and glycerin, natural oils are generally more affordable.
By Type:
Polyether Polyols
Polyester Polyols
The polyether polyols segment accounted for more than 60% of the green and bio-polyols market in 2023. Polyether polyols are primarily produced through catalytic reactions of epoxides. These polyols find extensive use in the manufacturing of PU flexible foam. They are characterized by the presence of multiple ether linkages and hydroxyl groups within their molecular structure.
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By Application:
PU Flexible Foam
CASE
PU Rigid Foam
By End-use Industry:
Furniture and Bedding
Construction
Automotive
Packaging
Carpet Backing
Others
North America dominated the green and bio-polys market with the highest revenue share of more than 55% in 2023, mainly because of continuous product innovation aimed at enhancing performance and quality. Additionally, new developments in applications, such as aerospace, automotive, and wind energy, have contributed to the region's leadership in this market. These polyols find extensive use in various industries, including automotive, furniture, consumer durables, and food and beverage. Among the countries in North America, the United States is the largest market for green and polyols. It holds a significant market volume, indicating the high demand for these products. Looking ahead, green and polyols are expected to drive the expansion of the regional market, particularly in sectors like construction, transportation, and applications such as furniture, adhesives, sealants, and binders.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
BASF SE, Biobased Technologies LLC, E.I. Du Pont De Nemours & Co., Bayer AG, Emery Oleochemicals, Jayant Agro Organics Pvt., Ltd., Cargill, Inc., Koch Industries, DOW Chemical Company, Mitsui Chemicals, Global Bio-Chem Technology Group, Huntsman Corporation, and other players.
Recent Development:
In Nov 2022, Huntsman made an exciting announcement regarding the introduction of their groundbreaking ACOUSTIFLEX® VEF BIO system. This innovative technology, derived from vegetable oils, offers a bio-based viscoelastic foam solution for molded acoustic applications in the automotive industry. With up to 20% bio-based content, this system not only demonstrates Huntsman's commitment to sustainability but also has the potential to reduce the carbon footprint of automotive carpet back-foaming by an impressive 25% compared to their existing systems for this application.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 5.02 Billion |
| Market Size by 2031 | US$ 10.20 Billion |
| CAGR | CAGR of 9.3% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Raw Material (Natural Oils and their Derivatives, Sucrose, Glycerin, Carbon Dioxide) • By Type (Polyether Polyols, Polyester Polyols) • By Application (PU Flexible Foam, CASE, PU Rigid Foam) • By End-use Industry (Furniture and Bedding, Construction, Automotive, Packaging, Carpet Backing, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | BASF SE, Biobased Technologies LLC, E.I. Du Pont De Nemours & Co., Bayer AG, Emery Oleochemicals, Jayant Agro Organics Pvt., Ltd., Cargill, Inc., Koch Industries, DOW Chemical Company, Mitsui Chemicals, Global Bio-Chem Technology Group, Huntsman Corporation, and other players. |
| DRIVERS | • Use of bio-based polyols. • Increasing use in automotive, furniture, and construction industries |
| Restraints | • High price of Polyols. • Developments in different regions. |
The market size of the Green and Bio Polyols Market was valued at USD 5.02 billion in 2023.
The growth rate of the Green and Bio Polyols Market is 9.3% over the forecast period 2024-2031.
Ans: BASF SE, Biobased Technologies LLC, E.I. Du Pont De Nemours & Co., Bayer AG, Emery Oleochemicals, Jayant Agro Organics Pvt., Ltd., Cargill, Inc., Koch Industries, DOW Chemical Company, Mitsui Chemicals, Global Bio-Chem Technology Group and Huntsman Corporation are the major key players of Green and Bio Polyols Market.
Ans: Raw materials and crude oil are readily available, An imbalance exists between commercial and food crops and Higher cost of green and bio-based polyols are the challenges faced by the Green and Bio Polyols Market.
Ans: Use of bio-based polyols and Increasing use in automotive, furniture, and construction industries are the drivers for Green and Bio Polyols Market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine Crisis
4.2 Impact of Economic Slowdown on Major Countries
4.2.1 Introduction
4.2.2 United States
4.2.3 Canada
4.2.4 Germany
4.2.5 France
4.2.6 UK
4.2.7 China
4.2.8 Japan
4.2.9 South Korea
4.2.10 India
5. Value Chain Analysis
6. Porter’s 5 Forces Model
7. Pest Analysis
8. Green and Bio Polyols Market Segmentation, By Raw Material
8.1 Introduction
8.2 Trend Analysis
8.3 Natural Oils and Their Derivatives
8.4 Sucrose, Glycerin
8.5 Carbon Dioxide
9. Green and Bio Polyols Market Segmentation, By Type
9.1 Introduction
9.2 Trend Analysis
9.3 Polyether Polyols
9.4 Polyester Polyols
10. Green and Bio Polyols Market Segmentation, By Application
10.1 Introduction
10.2 Trend Analysis
10.3 PU Flexible Foam
10.4 CASE
10.5 PU Rigid Foam
11. Green and Bio Polyols Market Segmentation, By End-Use Industry
11.1 Introduction
11.2 Trend Analysis
11.3 Furniture and Bedding
11.4 Construction
11.5 Automotive
11.6 Packaging
11.7 Carpet Backing
11.8 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Green and Bio Polyols Market By Country
12.2.3 North America Green and Bio Polyols Market By Raw Material
12.2.4 North America Green and Bio Polyols Market By Type
12.2.5 North America Green and Bio Polyols Market By Application
12.2.6 North America Green and Bio Polyols Market, By End-Use Industry
12.2.7 USA
12.2.7.1 USA Green and Bio Polyols Market By Raw Material
12.2.7.2 USA Green and Bio Polyols Market By Type
12.2.7.3 USA Green and Bio Polyols Market By Application
12.2.7.4 USA Green and Bio Polyols Market, By End-Use Industry
12.2.8 Canada
12.2.8.1 Canada Green and Bio Polyols Market By Raw Material
12.2.8.2 Canada Green and Bio Polyols Market By Type
12.2.8.3 Canada Green and Bio Polyols Market By Application
12.2.8.4 Canada Green and Bio Polyols Market, By End-Use Industry
12.2.9 Mexico
12.2.9.1 Mexico Green and Bio Polyols Market By Raw Material
12.2.9.2 Mexico Green and Bio Polyols Market By Type
12.2.9.3 Mexico Green and Bio Polyols Market By Application
12.2.9.4 Mexico Green and Bio Polyols Market, By End-Use Industry
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Green and Bio Polyols Market By Country
12.3.2.2 Eastern Europe Green and Bio Polyols Market By Raw Material
12.3.2.3 Eastern Europe Green and Bio Polyols Market By Type
12.3.2.4 Eastern Europe Green and Bio Polyols Market By Application
12.3.2.5 Eastern Europe Green and Bio Polyols Market By End-Use Industry
12.3.2.6 Poland
12.3.2.6.1 Poland Green and Bio Polyols Market By Raw Material
12.3.2.6.2 Poland Green and Bio Polyols Market By Type
12.3.2.6.3 Poland Green and Bio Polyols Market By Application
12.3.2.6.4 Poland Green and Bio Polyols Market By End-Use Industry
12.3.2.7 Romania
12.3.2.7.1 Romania Green and Bio Polyols Market By Raw Material
12.3.2.7.2 Romania Green and Bio Polyols Market By Type
12.3.2.7.3 Romania Green and Bio Polyols Market By Application
12.3.2.7.4 Romania Green and Bio Polyols Market By End-Use Industry
12.3.2.8 Hungary
12.3.2.8.1 Hungary Green and Bio Polyols Market By Raw Material
12.3.2.8.2 Hungary Green and Bio Polyols Market By Type
12.3.2.8.3 Hungary Green and Bio Polyols Market By Application
12.3.2.8.4 Hungary Green and Bio Polyols Market By End-Use Industry
12.3.2.9 Turkey
12.3.2.9.1 Turkey Green and Bio Polyols Market By Raw Material
12.3.2.9.2 Turkey Green and Bio Polyols Market By Type
12.3.2.9.3 Turkey Green and Bio Polyols Market By Application
12.3.2.9.4 Turkey Green and Bio Polyols Market By End-Use Industry
12.3.2.10 Rest of Eastern Europe
12.3.2.10.1 Rest of Eastern Europe Green and Bio Polyols Market By Raw Material
12.3.2.10.2 Rest of Eastern Europe Green and Bio Polyols Market By Type
12.3.2.10.3 Rest of Eastern Europe Green and Bio Polyols Market By Application
12.3.2.10.4 Rest of Eastern Europe Green and Bio Polyols Market By End-Use Industry
12.3.3 Western Europe
12.3.3.1 Western Europe Green and Bio Polyols Market By Country
12.3.3.2 Western Europe Green and Bio Polyols Market By Raw Material
12.3.3.3 Western Europe Green and Bio Polyols Market By Type
12.3.3.4 Western Europe Green and Bio Polyols Market By Application
12.3.3.5 Western Europe Green and Bio Polyols Market By End-Use Industry
12.3.3.6 Germany
12.3.3.6.1 Germany Green and Bio Polyols Market By Raw Material
12.3.3.6.2 Germany Green and Bio Polyols Market By Type
12.3.3.6.3 Germany Green and Bio Polyols Market By Application
12.3.3.6.4 Germany Green and Bio Polyols Market By End-Use Industry
12.3.3.7 France
12.3.3.7.1 France Green and Bio Polyols Market By Raw Material
12.3.3.7.2 France Green and Bio Polyols Market By Type
12.3.3.7.3 France Green and Bio Polyols Market By Application
12.3.3.7.4 France Green and Bio Polyols Market By End-Use Industry
12.3.3.8 UK
12.3.3.8.1 UK Green and Bio Polyols Market By Raw Material
12.3.3.8.2 UK Green and Bio Polyols Market By Type
12.3.3.8.3 UK Green and Bio Polyols Market By Application
12.3.3.8.4 UK Green and Bio Polyols Market By End-Use Industry
12.3.3.9 Italy
12.3.3.9.1 Italy Green and Bio Polyols Market By Raw Material
12.3.3.9.2 Italy Green and Bio Polyols Market By Type
12.3.3.9.3 Italy Green and Bio Polyols Market By Application
12.3.3.9.4 Italy Green and Bio Polyols Market By End-Use Industry
12.3.3.10 Spain
12.3.3.10.1 Spain Green and Bio Polyols Market By Raw Material
12.3.3.10.2 Spain Green and Bio Polyols Market By Type
12.3.3.10.3 Spain Green and Bio Polyols Market By Application
12.3.3.10.4 Spain Green and Bio Polyols Market By End-Use Industry
12.3.3.11 Netherlands
12.3.3.11.1 Netherlands Green and Bio Polyols Market By Raw Material
12.3.3.11.2 Netherlands Green and Bio Polyols Market By Type
12.3.3.11.3 Netherlands Green and Bio Polyols Market By Application
12.3.3.11.4 Netherlands Green and Bio Polyols Market By End-Use Industry
12.3.3.12 Switzerland
12.3.3.12.1 Switzerland Green and Bio Polyols Market By Raw Material
12.3.3.12.2 Switzerland Green and Bio Polyols Market By Type
12.3.3.12.3 Switzerland Green and Bio Polyols Market By Application
12.3.3.12.4 Switzerland Green and Bio Polyols Market By End-Use Industry
12.3.3.13 Austria
12.3.3.13.1 Austria Green and Bio Polyols Market By Raw Material
12.3.3.13.2 Austria Green and Bio Polyols Market By Type
12.3.3.13.3 Austria Green and Bio Polyols Market By Application
12.3.3.13.4 Austria Green and Bio Polyols Market By End-Use Industry
12.3.3.14 Rest of Western Europe
12.3.3.14.1 Rest of Western Europe Green and Bio Polyols Market By Raw Material
12.3.3.14.2 Rest of Western Europe Green and Bio Polyols Market By Type
12.3.3.14.3 Rest of Western Europe Green and Bio Polyols Market By Application
12.3.3.14.4 Rest of Western Europe Green and Bio Polyols Market By End-Use Industry
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Green and Bio Polyols Market By Country
12.4.3 Asia-Pacific Green and Bio Polyols Market By Raw Material
12.4.4 Asia-Pacific Green and Bio Polyols Market By Type
12.4.5 Asia-Pacific Green and Bio Polyols Market By Application
12.4.6 Asia-Pacific Green and Bio Polyols Market By End-Use Industry
12.4.7 China
12.4.7.1 China Green and Bio Polyols Market By Raw Material
12.4.7.2 China Green and Bio Polyols Market By Type
12.4.7.3 China Green and Bio Polyols Market By Application
12.4.7.4 China Green and Bio Polyols Market By End-Use Industry
12.4.8 India
12.4.8.1 India Green and Bio Polyols Market By Raw Material
12.4.8.2 India Green and Bio Polyols Market By Type
12.4.8.3 India Green and Bio Polyols Market By Application
12.4.8.4 India Green and Bio Polyols Market By End-Use Industry
12.4.9 Japan
12.4.9.1 Japan Green and Bio Polyols Market By Raw Material
12.4.9.2 Japan Green and Bio Polyols Market By Type
12.4.9.3 Japan Green and Bio Polyols Market By Application
12.4.9.4 Japan Green and Bio Polyols Market By End-Use Industry
12.4.10 South Korea
12.4.10.1 South Korea Green and Bio Polyols Market By Raw Material
12.4.10.2 South Korea Green and Bio Polyols Market By Type
12.4.10.3 South Korea Green and Bio Polyols Market By Application
12.4.10.4 South Korea Green and Bio Polyols Market By End-Use Industry
12.4.11 Vietnam
12.4.11.1 Vietnam Green and Bio Polyols Market By Raw Material
12.4.11.2 Vietnam Green and Bio Polyols Market By Type
12.4.11.3 Vietnam Green and Bio Polyols Market By Application
12.4.11.4 Vietnam Green and Bio Polyols Market By End-Use Industry
12.4.12 Singapore
12.4.12.1 Singapore Green and Bio Polyols Market By Raw Material
12.4.12.2 Singapore Green and Bio Polyols Market By Type
12.4.12.3 Singapore Green and Bio Polyols Market By Application
12.4.12.4 Singapore Green and Bio Polyols Market By End-Use Industry
12.4.13 Australia
12.4.13.1 Australia Green and Bio Polyols Market By Raw Material
12.4.13.2 Australia Green and Bio Polyols Market By Type
12.4.13.3 Australia Green and Bio Polyols Market By Application
12.4.13.4 Australia Green and Bio Polyols Market By End-Use Industry
12.4.14 Rest of Asia-Pacific
12.4.14.1 Rest of Asia-Pacific Green and Bio Polyols Market By Raw Material
12.4.14.2 Rest of Asia-Pacific Green and Bio Polyols Market By Type
12.4.14.3 Rest of Asia-Pacific Green and Bio Polyols Market By Application
12.4.14.4 Rest of Asia-Pacific Green and Bio Polyols Market By End Use Industry
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Green and Bio Polyols Market By Country
12.5.2.2 Middle East Green and Bio Polyols Market By Raw Material
12.5.2.3 Middle East Green and Bio Polyols Market By Type
12.5.2.4 Middle East Green and Bio Polyols Market By Application
12.5.2.5 Middle East Green and Bio Polyols Market By End-Use Industry
12.5.2.6 UAE
12.5.2.6.1 UAE Green and Bio Polyols Market By Raw Material
12.5.2.6.2 UAE Green and Bio Polyols Market By Type
12.5.2.6.3 UAE Green and Bio Polyols Market By Application
12.5.2.6.4 UAE Green and Bio Polyols Market By End-Use Industry
12.5.2.7 Egypt
12.5.2.7.1 Egypt Green and Bio Polyols Market By Raw Material
12.5.2.7.2 Egypt Green and Bio Polyols Market By Type
12.5.2.7.3 Egypt Green and Bio Polyols Market By Application
12.5.2.7.4 Egypt Green and Bio Polyols Market By End-Use Industry
12.5.2.8 Saudi Arabia
12.5.2.8.1 Saudi Arabia Green and Bio Polyols Market By Raw Material
12.5.2.8.2 Saudi Arabia Green and Bio Polyols Market By Type
12.5.2.8.3 Saudi Arabia Green and Bio Polyols Market By Application
12.5.2.8.4 Saudi Arabia Green and Bio Polyols Market By End-Use Industry
12.5.2.9 Qatar
12.5.2.9.1 Qatar Green and Bio Polyols Market By Raw Material
12.5.2.9.2 Qatar Green and Bio Polyols Market By Type
12.5.2.9.3 Qatar Green and Bio Polyols Market By Application
12.5.2.9.4 Qatar Green and Bio Polyols Market By End-Use Industry
12.5.2.10 Rest of Middle East
12.5.2.10.1 Rest of Middle East Green and Bio Polyols Market By Raw Material
12.5.2.10.2 Rest of Middle East Green and Bio Polyols Market By Type
12.5.2.10.3 Rest of Middle East Green and Bio Polyols Market By Application
12.5.2.10.4 Rest of Middle East Green and Bio Polyols Market By End-Use Industry
12.5.3 Africa
12.5.3.1 Africa Green and Bio Polyols Market By Country
12.5.3.2 Africa Green and Bio Polyols Market By Raw Material
12.5.3.3 Africa Green and Bio Polyols Market By Type
12.5.3.4 Africa Green and Bio Polyols Market By Application
12.5.3.5 Africa Green and Bio Polyols Market By End-Use Industry
12.5.3.6 Nigeria
12.5.3.6.1 Nigeria Green and Bio Polyols Market By Raw Material
12.5.3.6.2 Nigeria Green and Bio Polyols Market By Type
12.5.3.6.3 Nigeria Green and Bio Polyols Market By Application
12.5.3.6.4 Nigeria Green and Bio Polyols Market By End-Use Industry
12.5.3.7 South Africa
12.5.3.7.1 South Africa Green and Bio Polyols Market By Raw Material
12.5.3.7.2 South Africa Green and Bio Polyols Market By Type
12.5.3.7.3 South Africa Green and Bio Polyols Market By Application
12.5.3.7.4 South Africa Green and Bio Polyols Market By End-Use Industry
12.5.3.8 Rest of Africa
12.5.3.8.1 Rest of Africa Green and Bio Polyols Market By Raw Material
12.5.3.8.2 Rest of Africa Green and Bio Polyols Market By Type
12.5.3.8.3 Rest of Africa Green and Bio Polyols Market By Application
12.5.3.8.4 Rest of Africa Green and Bio Polyols Market By End-Use Industry
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Green and Bio Polyols Market By Country
12.6.3 Latin America Green and Bio Polyols Market By Raw Material
12.6.4 Latin America Green and Bio Polyols Market By Type
12.6.5 Latin America Green and Bio Polyols Market By Application
12.6.6 Latin America Green and Bio Polyols Market By End-Use Industry
12.6.7 Brazil
12.6.7.1 Brazil Green and Bio Polyols Market By Raw Material
12.6.7.2 Brazil Green and Bio Polyols Market By Type
12.6.7.3 Brazil Green and Bio Polyols Market By Application
12.6.7.4 Brazil Green and Bio Polyols Market By End-Use Industry
12.6.8 Argentina
12.6.8.1 Argentina Green and Bio Polyols Market By Raw Material
12.6.8.2 Argentina Green and Bio Polyols Market By Type
12.6.8.3 Argentina Green and Bio Polyols Market By Application
12.6.8.4 Argentina Green and Bio Polyols Market By End-Use Industry
12.6.9 Colombia
12.6.9.1 Colombia Green and Bio Polyols Market By Raw Material
12.6.9.2 Colombia Green and Bio Polyols Market By Type
12.6.9.3 Colombia Green and Bio Polyols Market By Application
12.6.9.4 Colombia Green and Bio Polyols Market By End-Use Industry
12.6.10 Rest of Latin America
12.6.10.1 Rest of Latin America Green and Bio Polyols Market By Raw Material
12.6.10.2 Rest of Latin America Green and Bio Polyols Market By Type
12.6.10.3 Rest of Latin America Green and Bio Polyols Market By Application
12.6.10.4 Rest of Latin America Green and Bio Polyols Market By End-Use Industry
13. Company Profiles
13.1 BASF SE
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Biobased Technologies LLC
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 E.I. Du Pont De Nemours & Co.
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Bayer AG
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Emery Oleochemicals
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Jayant Agro Organics Pvt. Ltd.
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Cargill, Inc.
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Koch Industries
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 DOW Chemical Company
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Mitsui Chemicals
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Global Bio-Chem Technology Group
13.11.1 Company Overview
13.11.2 Financial
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
13.12 Huntsman Corporation
13.12.1 Company Overview
13.12.2 Financial
13.12.3 Products/ Services Offered
13.12.4 SWOT Analysis
13.12.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Adhesive Tapes Market Size was valued at USD 81.5 billion in 2023 and is expected to reach USD 134.6 billion by 2032 and grow at a CAGR of 5.8% over the forecast period 2024-2032.
The Nanochemicals Market was worth USD 6.26 billion in 2023 and is expected to grow to USD 10.99 billion by 2032, with a CAGR of 6.45% % in the forecast period 2024-2032.
The Synthetic Paper Market Size was valued at USD 909.12 million in 2023 and is expected to reach USD 2023.96 million by 2032 and grow at a CAGR of 9.50% over the forecast period 2024-2032.
The Collagen Peptides Market size was valued at USD 2.23 Billion in 2023 and is expected to grow to USD 5.34 billion by 2031 and grow at a CAGR of 11.8% over the forecast period of 2024-2031.
The Sodium Gluconate Market Size was valued at USD 618.3 million in 2023 and is expected to reach USD 856.1 million by 2032 and grow at a CAGR of 3.7% over the forecast period 2024-2032.
The Propanol Market size was valued at USD 4.05 billion in 2023. It is expected to grow to USD 6.68 billion by 2031 and grow at a CAGR of 6.4% over the forecast period of 2024-2031.
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