Current Trends In Bio-Based Polyurethane Global Market During The Period 2018 - 2022
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(EMAILWIRE.COM, January 07, 2017 ) Polyurethanes are used in a wide range of industrial applications due to their chemical versatility, high performance and low cost. They find use in building and construction, consumer products, furniture and fixtures, transportation and in industrial applications. Polyurethane is traditionally a downstream derivative of crude oil, rendering it susceptible to the crude oil market fluctuations. Moreover in this age of the consumers, and the global inclination towards green products and sustainable development, bio based alternative for crude oil is the need of the day.
Polyurethane manufacturers are looking for alternatives so as to reduce carbon footprint, and at the same time positively impact the product quality and economics of production. Thermoplastic polyurethane manufacturers in particular are more inclined towards adopting bio based alternatives and increase the bio based content in their product by using polyester polyols made from natural and renewable raw materials. The main demand for bio based polyurethane is derived from application segments such as automotive, footwear and apparel. Uses in applications such as electronics, carpets, and furniture among others are also gaining momentum.
Adipic acid, which is petroleum based product, and some other di-acids are the conventional raw materials for manufacturing polyurethanes. However, natural oil polyols (NOP) or biopolyols, which are derived from vegetable oils by different methods, are used in the production of bio based polyurethane. The most common sources of natural oil polyols are castor oil, soy oil, peanut oil and canola oil. Castor oil accounts for the majority of natural oil polyol as it contains a ready hydroxyl group unlike the others, where hydroxyl group needs to be introduced by prior processes. Natural oil polyols have similar origins and applications but the materials are different depending on their manufacturing process. Apart from these bio based succinic acid and 1,4 butanediol can be combined with the required isocyanates to produce polyurethanes with upto 70% bio content.
Some of the players in the bio based polyurethanes market are SNP, Inc.,Cargill, Bio Amber, Inc, and Myriant Technologies among many others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=222465
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=222465
Polyurethane manufacturers are looking for alternatives so as to reduce carbon footprint, and at the same time positively impact the product quality and economics of production. Thermoplastic polyurethane manufacturers in particular are more inclined towards adopting bio based alternatives and increase the bio based content in their product by using polyester polyols made from natural and renewable raw materials. The main demand for bio based polyurethane is derived from application segments such as automotive, footwear and apparel. Uses in applications such as electronics, carpets, and furniture among others are also gaining momentum.
Adipic acid, which is petroleum based product, and some other di-acids are the conventional raw materials for manufacturing polyurethanes. However, natural oil polyols (NOP) or biopolyols, which are derived from vegetable oils by different methods, are used in the production of bio based polyurethane. The most common sources of natural oil polyols are castor oil, soy oil, peanut oil and canola oil. Castor oil accounts for the majority of natural oil polyol as it contains a ready hydroxyl group unlike the others, where hydroxyl group needs to be introduced by prior processes. Natural oil polyols have similar origins and applications but the materials are different depending on their manufacturing process. Apart from these bio based succinic acid and 1,4 butanediol can be combined with the required isocyanates to produce polyurethanes with upto 70% bio content.
Some of the players in the bio based polyurethanes market are SNP, Inc.,Cargill, Bio Amber, Inc, and Myriant Technologies among many others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=222465
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=222465
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Fuego Co.
Researchmoz
Tel: +1-518-621-2074
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results