Global trends in green polygons and bio polyols

A report on green & bio polyol includes two different types of polyols - polyester polyols and polyether polyols. Bio polyols are a category of polyols that are synthesized from natural oils such as soya, castor, rapeseed, corn, canola, palm, etc. Green polyols are synthesized by recycling PET (polyethylene terepthalate) and polyurethanes waste. Green & bio polyols are used in applications such as polyurethane foams (flexible & rigid), coatings, adhesives, sealants, and others. Its end-user industry includes construction, transportation, carpet, packaging, furniture/bedding, and others. As per Research and Markets, Green & bio polyol are substituting petroleum based conventional polyols owing to advantages such as: . Availability of raw materials (Natural oils, PET/polyurethanes foam waste) . Increasing prices of crude oil . Lower carbon footprint leading to a higher sustainability for Green & bio polyols The global market for green & bio polyol has grown significantly during the past few years and it is expected to growing at a rapid pace in the next five years, mainly driven by a growing consumption in the Asia-Pacific region. The market revenue for Green & bio polyols in Asia-Pacific was $463.9 million in 2012. China, Japan, Malaysia, and India are the major markets for these polyols in Asia-Pacific. Other markets in Asia-Pacific include Taiwan, South Korea, Singapore, Indonesia, Philippines, and Thailand. The demand for these polyols in these markets is fueled by demand from end-user industries such as construction, transportations, and consumer durables. The global market is segmented into four major geographies. These are North America, Europe, Asia-Pacific, and ROW. The major markets in these geographies such as the U.S., France, Germany, U.K., China, Japan, Malaysia, India, and Brazil are estimated and forecasted. The market is also segmented by various applications of these polyols. Various secondary sources, such as encyclopedia, directories, and databases to identify & collect information useful for this extensive commercial study of global market, have been used. The primary sources-experts from related industries and suppliers have been interviewed to obtain & verify critical information as well as to assess the future prospects of Green & bio polyols. The competitive scenarios of the top players in the global market are discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include: BASF SE (Germany), The DOW Chemical Company (U.S.), Cargill Inc. (U.S.), Mitsui Chemicals (Japan), Petopur GmBH (Germany), Rampf Ecosystems (Germany), Emergy Oleochemicals (H) SDN BHD (Malaysia), etc.