EUROPE BIO POLYOLS MARKET
INTRODUCTION
Bio polyols, also known as natural oil polyols, are vegetable oil-derived polyols. A polyol is an organic molecule with many hydroxyl groups. Castor oil, soybean oil, canola oil, coconut oil, and other natural oils are used to produce bio polyols.
Only castor oil is a commercially accessible bio polyol that is derived straight from a plant, whereas the others require chemical modifications.
Polyols are primarily used in the manufacturing of polyurethanes. Traditional polyols are petroleum-based, but rising environmental concerns and a desire for sustainability have resulted in the creation of natural oil polyols derived from renewable resources.
The eco-friendly and sustainable nature of bio polyols, the availability of bio-based feedstock, and crude oil price variations are propelling the market.
EUROPE BIO POLYOLS MARKET SIZE AND FORECAST
The Europe Bio Polyols Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
NEW PRODUCT LAUNCH
Perstorp introduces the world’s first renewable polyol portfolio, Perstorp has created a range of renewable alternatives to the important polyols Pentaerythritol (Penta), Trimethylolpropane (TMP), and Neopentyl glycol.
In response to the rapidly expanding worldwide need for more sustainable coatings, resins, and synthetic lubricants (Neo). Evyron and Neeture, two new polyols, round up the company’s range of three important polyols in renewable choices.
The new portfolio is built on the notion of mass balance. Furthermore, all of the new polyols are ISCC certified, ensuring complete traceability of the bio-based raw material back to its place of origin.
Perstorp is currently dedicating its R&D resources to creating new sustainable solutions, and all Perstorp Swedish operations will transition to using entirely renewable power.
COMPANY PROFILE
- BASF SE
- Covestro AG
- DuPont de Nemours & Co.
- Invista S.A.R.L.
- Bayer Material Science
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per Europe Bio Polyols market right now and how will it change in next 5-6 years?
- Average cost to set up a Bio Polyols market in Europe ?
- How many Europe Bio Polyols market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a Europe Bio Polyols market and key vendor selection criteria
- Where is the Europe Bio Polyols market manufactured? What is the average margin per equipment?
- Market share of Europe Bio Polyols market manufacturers and their upcoming products
- The most important planned Europe Bio Polyols market in next 2 years
- Details on network of major Europe Bio Polyols market and pricing plans
- Cost advantage for OEMs who manufacture Europe Bio Polyols market in-house
- 5 key predictions for next 5 years in Europe Bio Polyols market
- Average B-2-B Europe Bio Polyols market price in all segments
- Latest trends in Europe Bio Polyols market, by every market segment
- The market size (both volume and value) of Europe Bio Polyols market in 2022-2027 and every year in between?
- Global production breakup of Europe Bio Polyols market, by suppliers and their OEM relationship
