Market Overview

Global Bio Polyols Market 2018-2022 | 10% CAGR Projection Over the Next Four Years | Technavio


Technavio analysts forecast the global bio polyols market to grow at a
CAGR of over 10% during the forecast period, according to their
latest market research report.

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Technavio has published a new market research report on the global bio polyols market from 2018-2022 ...

Technavio has published a new market research report on the global bio polyols market from 2018-2022. (Graphic: Business Wire)

The eco-friendly and sustainable nature of bio polyols is one of the
major trends being witnessed in the global
bio polyols market 2018-2022
. Bio polyol compounds are commonly
produced from different natural and sustainable sources such as
vegetable oils and their derivatives, sucrose, and others. Increasing
environmental apprehensions concerning the use of conventional polyols
are likely to drive the demand of bio polyols during the forecast period.

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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global bio polyols market is the increasing demand for
adhesives and sealants:

Global bio polyols market: Increasing demand
for adhesives and sealants

Adhesives and sealants are substances applied to one or both the
surfaces to bond them together. They have replaced rivets, welded parts,
and other mechanical parts in various equipment. Polyurethane adhesives
reduce the costs of the entire manufacturing process. They exhibit
superior product performance, reliability, and increase the lifespan of
the product.

According to a senior analyst at Technavio for research on specialty
chemicals, "Adhesives and sealants are increasingly used in the
automotive and transportation, furniture and woodwork, building and
construction, electrical and electronics, footwear, and packaging
industries. Polyurethane adhesives reduce the total weight of the
vehicle, thereby enhancing fuel efficiency."

Global bio polyols market: Segmentation analysis

The global bio polyols market research report provides market
segmentation by application (foams and CASE) and by region (the
Americas, EMEA, and APAC). It provides an in-depth analysis of the
prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

The foams segment held the largest market share in 2017, accounting for
nearly 58% of the market. This application segment is expected to
dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 40% of
the market share. The market share occupied by this region is
anticipated to decrease during 2018-2022.

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Technavio's sample reports are free of charge and contain multiple
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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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