Reports and Data's Global Bio Based Polyurethane Resin Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry's driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
The global Bio Based Polyurethane Resin market size was USD 803.1 Million in 2021 and is expected to register a revenue CAGR of 3.2% during the forecast period.
Leading Players- The Dow Chemical Company, Covestro A.G., BASF SE, Huntsman Corporation, Eastman Chemical Company, Mitsui Chemical, Inc., DuPont de Nemours, Inc., Alchemie, Ltd., Shanghai Dongda Polyurethane Co., Ltd., Arakawa Chemical Industries, Ltd., and Perstorp Holdings AB.
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Bio Based Polyurethane Resin are copolymers that are formed when an alcohol named polyol reacts with an isocyanate when proper additives and catalysts are introduced. Polyurethane resin in the US is expected to increase in volume by about 1.0% yearly, till 2024. They are widely used in cars and industrial applications as it provides high gloss coatings which have increased its adoption in such applications. Rising demand for these resins in commercial projects owing to its advantage of not losing thickness when dried is expected to drive revenue growth of polyurethane resin market. Increasing demand for these products for coating applications in architectural and furniture products are some other factors that are projected to increase adoption of polyurethane resins. This is expected to drive revenue growth of the market in near future. These resins have long shelf life after use, dries quickly, and can also be disposed of without any special precautions which are expected to increase its demand in various industrial projects.
Table of Contents
Report Overview
1.1 Research Scope
1.2 Key Bio Based Polyurethane Resin market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global Bio Based Polyurethane Resin market size
2.2 Latest regional market trends
2.3 Emerging growth trends
Competitive Outlook
3.1 Global Bio Based Polyurethane Resin market key players
3.2 Global Bio Based Polyurethane Resin size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Bio Based Polyurethane Resin market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Type Outlook:
- Solvent-Based Resin
- Water-Based Resin
- Others
Application Outlook:
- Construction
- Transportation
- Pharmaceuticals
- Paints Coatings
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
The Bio Based Polyurethane Resin market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Bio Based Polyurethane Resin market.
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