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.
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
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.
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
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