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 ...