he global green polyols industry generated $7.3 billion in 2021, and is estimated to reach $17.2 billion by 2031, witnessing a CAGR of 9.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive Scenarios.  

 

Allied Market Research published a report, titled, "Green Market by Type (Polyether Polyols, Polyester Polyols), by Application (Polyurethane Foam, Adhesives and Sealants, Coatings, Others), by End-use Industry (Furniture and Bedding, Construction, Packaging, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031."  

 

 

Leading Market Players- 

  •  UniSol 

  • BASF SE 

  • Cargill Incorporated 

  • Arkema 

  • Covestro AG 

  • IQS Global 

  • BioBased Technologies 

  • Roquette 

  • Emery Oleochemicals LLC 

  • Synthesia Technology Group 

 

The report analyzes these key players of the global green polyols market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player. 

 

 
 

Drivers, Restraints, and Opportunities- 

 Rise in demand from industries such as automotive, packaging, construction and furniture & bedding drives the growth of the global green polyols market. On the other hand, availability of alternative use of green polyols restrains the growth to some extent. However, surge in demand for bio-based polyols in car manufacturing is expected to pave the way for lucrative opportunities in the industry. 

 

The polyether polyols segment to maintain its dominance during the forecast period- 

 By type, the polyether polyols segment accounted for the major share in 2021, generating nearly two-thirds of the global green polyols market revenue. The same segment would also manifest the fastest CAGR of 9.2% throughout the forecast period. The fact that polyether polyol compounds are used to manufacture hard polyurethane foaming polymers, which are widely utilized in refrigerators, freezers, refrigerated vehicles, thermal baffles, pipe insulation, and other industries drives the segment Growth.