Green and Bio-based Polyol Industry Size, Share, Demand & Growth

 The global green and bio-based polyols market, valued at USD 7,998.3 Million in 2019, is experiencing a robust surge in demand driven by increasing sustainability efforts and green consciousness across industries. By 2025, the market is projected to reach  USD 11,616.9 Million , with an impressive 10.3% year-on-year growth. Furthermore, long-term forecasts predict a  CAGR of 11.7%  between 2025 and 2035, culminating in a market size of  USD 35,650.2 Million  by the end of 2035.

Manufacturers are providing polyester polyols that can primarily be used in a "2k system" coupled with isocyanates like MDI and/or TDI to make polyurethane which surges the demand for bio polyol and green polyol. Other uses are in amalgamation with melamine, epoxy, acrylates, etc. Their standard polyester polyols are based on different types of acids and glycols and tailored-made grades to develop the end user's needs.

The use of few raw materials and no danger are basically targeted advantages with these technologies owing to 98% solvent-free products. As sealants, these polyols are tough and waterproof and can be used for window sealants, joints, and electrical and electronic components.

Moreover, as elastomers, the polyols have durability, abrasion, chemical and oil resistance properties and are used for rollers, belts for carrying operations, wheels for rollerblades, hospital trolleys, rollers for printing processes, and under-the-hood automotive.

The polyester polyols range provided by top market players has several characteristics, such as modern coatings containing polyurethane for durability and glossy aspect purposes. It can be used in water dispersion for coating and in a 2K system for wood and metal application (primer and top coat).

Although, there has been a technological change from solvent-based systems to solvent-free technologies in terms of adhesives, such as polyurethane dispersions (PUD) and polyurethane hotmelt adhesives. All these factors collectively contribute to the global bio-polyol and green polyol market growth.

Market players are focusing their research efforts on renewable raw materials to produce bioplastics and green chemicals, which are more environmentally friendly. Their innovative solutions acknowledge perfectly the UN's sustainable development goal (SGD 12) "ensure sustainable consumption and production patterns".

The demand for bio polyol and green polyol is estimated to surge when it comes to plant chemistry, owing to the market players having unique know-how in the chemistry of the castor plant, a non-edible plant, from which a wide range of high-performance long-chain bio-sourced polyamides and linear oleochemical building blocks are produced.

These bio polyols can be used to make several finished products such as soles of sports shoes, eyeglasses, auto parts, the casing of cell phones, etc. and carbon-neutral oleochemicals are widely used in the synthesis of high-performance lubricants, bio-based plasticizers, pharmaceuticals and agrochemicals, fragrances and flavours, natural ingredients for cosmetics, etc. These various applications are likely to secure the adoption of bio-polyol and green polyol across various sectors.

Using high-quality bio-based polyols, key market players are launching a new polyol that makes indoor floorings, for instance, in industrial warehouses or sports halls, more resistant. The resin greatly contributes to the production of more sustainable coatings with particularly high levels of stability and stability, as it is produced from renewable raw materials and contains no volatile organic compounds.

Mattress manufacturers are able to meet consumer demands or performance and pricing through the use of foams created with bio polyols. Additionally, bio polyols can further help furniture foam manufacturers reduce their environmental footprint and hence, lead to the expansion of the bio polyol and green polyol market share.

A wide range of polyols has been offered by leading market players, such as sorbitol, mannitol, maltitol, glycerin, xylitol, isomalt, erythritol, etc., to be used in many different industrial applications.

The uses of polyols include providing the building blocks for sorbitan ester surfactants, an emulsion stabilizer, acting as a plasticizer/cross-linker for resins, functional fluids, component for polyurethane and alkyd resins, providing viscosity control for glass etching, etc. and are expected to propel the global bio polyol and green polyol market growth.

"The green and bio-based polyol market is experiencing significant growth, driven by increasing demand for sustainable and eco-friendly materials. As industries strive to reduce their environmental impact, bio-based polyols offer an attractive alternative to traditional petroleum-based products, contributing to the circular economy."  - Opines Nikhil Kaitwade Associate Vice President at Future Market Insights (FMI).

Other Publication: https://www.plasticsnewsdirectory.com/company/910976/news/3560353/sustainable-innovation-government-incentives-fuel-demand-for-green-and-bio-based-polyol-in-key-industries

Key Takeaways: Green and Bio-based Polyol Market

• The demand for green and bio-based polyols grew by 10.3% year-on-year in 2024.
• The United States is the largest consumer of green and bio-based polyols, driven by strict environmental regulations, especially from the EPA, and the adoption of sustainable materials in industries like coatings, adhesives, and elastomers (CASE).
• China's consumption of green and bio-based polyols surged due to rapid industrialization, urbanization, and its large construction sector, with polyurethane foams playing a key role in energy-efficient buildings.
• Germany also ranks high in consumption, influenced by its robust environmental policies and technological expertise, particularly in the automotive industry.
• Bio-based polyols are derived from vegetable oils, castor oil, and natural fats, and they offer a significantly lower carbon footprint compared to conventional petroleum-based polyols.
• Foam insulation made from green and bio-based polyols reduces heat loss, contributing to energy savings in buildings, and promotes energy-efficient living.

About Future Market Insights (FMI)  

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. 

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:

Future Market Insights Inc. 
Christiana Corporate, 200 Continental Drive, 
Suite 401, Newark, Delaware – 19713, USA 
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com 
Website: https://www.futuremarketinsights.com 
LinkedIn| Twitter| Blogs | YouTube