Global Biobased Polyols market cagr 20.00%

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Biobased Polyols Market

Biobased Polyols Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Biobased Polyols Market Size and Growth

The biobased polyols market is experiencing significant growth, driven by increasing demand for sustainable materials and eco-friendly products. Recent reports estimate the market size to reach USD 6 billion by 2027, reflecting a compound annual growth rate (CAGR) of around 8%. Enhanced applications across various industries further stimulate market expansion.

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Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ Huntsman

◍ Dow

◍ Stahl

◍ Croda

◍ Cargill

◍ Mitsui Chemicals

◍ Polylabs

◍ Emery Oleochemicals

◍ BioBased Technologies

◍ Xuchuan

The biobased polyols market features key players like BASF, Huntsman, and Dow, focusing on sustainable materials. Companies like Cargill and Emery Oleochemicals innovate in natural-based polyols, fostering market growth. Sales figures show significant revenue contributions, enhancing the industry's sustainability and expanding applications in foam and coatings.

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Market Segmentation

By Application

Foam

Coating

Leather

Others

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By Product

Corn Oil

Soybean Oil

Canola Oil

Castor Oil

Palm Oil

Others

$ 43.01 Billion

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