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Bio-Based Polyurethane Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Bio-Based

The “Bio-Based Polyurethane Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Bio-Based Polyurethane market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Bio-Based Polyurethane market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The market for bio-based polyurethane is expected to expand at CAGR of more than 6% during the forecast period of 2019 – 2024. One of the key factors driving the market studied is the demand for sustainable materials in various industries.
  • – The high cost of research & development is expected to hinder the growth of the market studied.
  • – Industrial growth in Middle East & Africa is expected to act as an opportunity during the forecast period. <

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    In Bio-Based Polyurethane Market Report, Following Companies Are Covered:

  • BASF SE
  • Cargill, Incorporated
  • Covestro AG
  • DowDuPont
  • Huntsman International LLC.
  • Johnson Controls.
  • Mitsui Chemicals, Inc.
  • The Lubrizol Corporation
  • TSE Industries, Inc.
  • Woodbridge

    Bio-Based Polyurethane Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • This report studies the global Bio-Based Polyurethane market size, industry status and forecast, competition landscape and growth opportunity.

    Reasons for Buying Bio-Based Polyurethane Market 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 five-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

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    Key Market Trends:

    Increasing Demand from the Construction Industry

    – Steel, concrete, and mortar still dominate the construction industry. However, the current generation is putting greater efforts toward achieving a circular economy, by using recyclable and renewable raw materials.
    – Bio-based polyurethane is finding a strong ground, owing to the preference by the government, producers, and consumers to shift toward bio-based renewable resources. In order to reduce the consumption of polymers derived from non-renewable fossil fuels and to promote environmental preservation, several initiatives have been taken up by numerous organizations and governmental bodies, to promote the usage of bio-based products in several key sectors.
    – Currently, the German Federal Ministry of Food and Agriculture (BMEL) is funding a project named PULaCell. The aim of this project is to develop bio-based reinforcing profiles for solid wood construction materials, and several industrial companies and research institutes are developing bio-based, cellulose fiber-reinforced polyurethane profiles, which are expected to make future wood-based materials stronger.
    – Various emerging economies, such as Indonesia, Vietnam, and the Philippines, have been witnessing robust growth in construction activities. Strong economic performance in 2019 is expected to further accelerate the growth in the housing construction activities in the region. The growth of the market studied is majorly driven by the urbanization, increase in disposable incomes of individuals, construction of new houses, and activities, such as repainting of old infrastructures.
    – Therefore, the growth of the construction industry is expected to increase the demand for bio-based polyurethane over the forecast period.

    Asia-Pacific to Dominate the Market

    – Asia-Pacific is the largest producer of bio-based polyurethane with a high abundance of synthetic di-isocyanates in the region.
    – The emerging construction markets, such as India, Indonesia, the Philippines, and Vietnam are coming up with PPPs and construction projects.
    – These countries are seeking to bring in international firms with relevant technical expertise in the construction industry, which is likely to drive the market for bio-based polyurethane market in the region.
    – In Indonesia, millennials account for more than 50% of the productive population. With the increasing young population in the country, the housing demand has also been increasing simultaneously. In order to cater to the increasing demand for affordable houses, the construction of housing units has been increasing for the past couple of years.
    – Furthermore, in the furniture industry, PU foams are used to create the soft cores of sofas and other upholstered household furniture, commercial/institutional furniture, such as office chairs and sofas, and seating for theaters and stadiums. The demand for the furniture industry is increasing in the region.
    – The aforementioned factors are likely to increase the demand for bio-based polyurethane during the forecast period.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Bio-Based Polyurethane create from those of established entities?

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    Detailed TOC of Bio-Based Polyurethane Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand from the Construction Industry in Developing Countries
    4.1.2 Increasing Demand for Pre-set Products in Electronic Appliances and the Automotive Industry
    4.1.3 New Government Regulations
    4.1.4 Demand for Sustainable Materials
    4.2 Restraints
    4.2.1 High Cost of R&D
    4.2.2 Others
    4.3 Industry Value-Chain Analysis
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Raw Material Analysis
    4.6 Technological Snapshot
    4.7 Patent Analysis

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Foams
    5.1.2 Coatings
    5.1.3 Adhesive and Sealants
    5.1.4 Other Product Types
    5.2 By End-user Industry
    5.2.1 Transportation
    5.2.2 Footwear and Textile
    5.2.3 Construction
    5.2.4 Packaging
    5.2.5 Furniture and Bedding
    5.2.6 Electronics
    5.2.7 Other End-user Industries
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.2.4 Rest of North America
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Spain
    5.3.3.6 Rest of Europe
    5.3.4 Rest of the World
    5.3.4.1 Brazil
    5.3.4.2 Saudi Arabia
    5.3.4.3 South Africa
    5.3.4.4 Other Countries

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 BASF SE
    6.4.2 Cargill, Incorporated
    6.4.3 Covestro AG
    6.4.4 DowDuPont
    6.4.5 Huntsman International LLC.
    6.4.6 Johnson Controls.
    6.4.7 Mitsui Chemicals, Inc.
    6.4.8 The Lubrizol Corporation
    6.4.9 TSE Industries, Inc.
    6.4.10 Woodbridge

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Industrial Growth in Middle East & Africa
    7.2 Developments in Bio-based Building Materials

     

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