Polyether), Application (Rigid/flexible PU Foam, Coating,
Adhesive & Sealant), End-user (Construction, Transportation,
Packaging, Furniture & Carpet) & Geography - Global Trends &
Forecasts 2018
Released On 12th August 2014
This report on green & bio polyols includes two different types of polyols. These include polyester polyols and polyether polyols. Bio polyols are a category of polyols that are synthesized from natural oils such as soya, castor, rapeseed, corn, canola, palm, etc. Green polyols are synthesized by recycling PET (polyethylene terepthalate) and polyurethanes waste.
Green & bio polyols are used in applications such as polyurethane foams (flexible
& rigid), coatings, adhesives, sealants, and others. Its end-user industry includes construction, transportation, carpet, packaging, furniture/bedding, and others.
Green & bio polyol are substituting petroleum based conventional polyols owing to advantages such as:
Availability of raw materials (Natural oils, PET/polyurethanes foam waste)
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Increasing prices of crude oil
Lower carbon footprint leading to a higher sustainability for Green & bio polyols
About the market
The global market for green & bio polyols has grown significantly during the past few years and it is expected to growing at a rapid pace in the next five years, mainly driven by a growing consumption in the Asia-Pacific region.
The market revenue for Green & bio polyols in Asia-Pacific was $463.9 million in
2012. China, Japan, Malaysia, and India are the major markets for these polyols in
Asia-Pacific. Other markets in Asia-Pacific include Taiwan, South Korea, Singapore,
Indonesia, Philippines, and Thailand. The demand for these polyols in these markets is fueled by demand from end-user industries