[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Natural Oil Polyols Market Size, Share & Trends Analysis Report By Product (Soy Oil Polyols, Palm Oil Polyols), By End Use (Construction, Electronics & Appliances, Furniture & Interiors), By Region, And Segment Forecasts, 2021 - 2028

November 2021 | 90 pages | ID: NDBFD8CDC759EN
Grand View Research, Inc.

US$ 5,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report can be delivered to the clients within 24 Business Hours

Natural Oil Polyols Market Growth & Trends

The global natural oil polyols market size is expected to reach USD 10.10 billion by 2028, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.6% from 2021 to 2028. The market demand is driven by the increasing demand for lightweight and highly durable products in industries, including automotive, construction, and electronics, especially in emerging economies such as China, India, and Indonesia.

The growth of the market is likely to be propelled by the increasing consumption of bio-based polyurethane foams in automotive, construction, electrical and electronics, and other sectors. Regular efforts to reduce vehicle weight to enhance fuel efficiency and reduce carbon emissions have propelled the automotive OEMs to embrace the use of polyurethane foams obtained from natural oils polyol in different automotive components, such as seat covers and interiors.

Soy oil polyols are majorly used as an alternative industrial ingredient for polyurethane products in binder systems, such as carpet backing. They are also used as flexible foams in upholstered furniture, automobile seats, mattresses, pillows, and carpet cushions. The surging demand for soy oil polyols for use in food and animal feed is also estimated to fuel the growth of this segment.

The expanding construction sector in Asia Pacific is anticipated to drive the demand for natural oils polyol-based products in building components, such as insulation protective materials, exterior panels, and housing electronics. The market is highly competitive due to the presence of a large number of multinationals that are engaged in constant research & development activities. Companies such as Cargill, Incorporated; BASF SE; Jayant Agro-Organics Ltd.; and Mitsui Chemicals, Inc. dominate the market with a range of products for each application market and their global brand presence.

Natural Oil Polyols Market Report Highlights
  • The market is expected to witness significant growth over the forecast period due to the growing awareness regarding the conservation of resources and optimum manufacturing processes
  • By product, the soy oil polyols segment emerged as the largest segment in 2020 and held a revenue share of over 35.0%. The surging demand for soy oil polyols for use in food and animal feed is estimated to fuel the segment growth
  • The construction end-use segment dominated the market and held a revenue share of over 30.0% in 2020 owing to the growing use of polyurethanes in the construction of roofs and walls of buildings
  • North America held the largest revenue share of over 40.0% in 2020 due to the presence of multinational companies in the region, coupled with the high demand from the end-use industries, such as construction, furniture, electronics, and automotive
  • Government initiatives to encourage bio-based products consumption in the U.S. and Canada have been driving natural oils polyol consumption in the region
CHAPTER 1 METHODOLOGY AND SCOPE

1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Research Methodology
1.4 Information Procurement
  1.4.1 Purchased Database
  1.4.2 Gvr’s Internal Database
  1.4.3 Secondary Sources
  1.4.4 Third Part Perspective
1.5 Information Analysis & Data Analysis Models
1.6 Market Research Approaches
1.7 Research Scope And Assumptions
1.8 List To Data Sources

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Market Outlook
2.2 Competitive Insights

CHAPTER 3 NATURAL OIL POLYOLS MARKET: MARKET VARIABLES, TRENDS & SCOPE

3.1 Market Lineage Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
  3.3.1 Raw Material Trend
  3.3.2 Manufacturing Trend
  3.3.3 List Of Potential End Users
  3.3.4 Impact Of Covid19 Pandemic
3.4 Regulatory Framework
3.5 Market Dynamics
  3.5.1 Market Driver Analysis
    3.5.1.1 Shifting Trend Toward Reducing Reliance On Petrochemicals
    3.5.1.2 Growing Bio-Based Polyurethane Demand
    3.5.1.3 Favorable Regulatory Scenario For Bioplastics
    3.5.1.4 Growing Construction Industry Using Renewable Materials
  3.5.2 Market Restraint Analysis
    3.5.2.1 Increasing Environmental Concerns For Soybean Production
  3.5.3 Industry Challenges
3.6 Natural Oil Polyols Market - Business Environment Analysis
  3.6.1 Industry Analysis - Porter’s
  3.6.2 Macro-Economic Analysis

CHAPTER 4 NATURAL OIL POLYOLS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

4.1 Market: Product Movement Analysis & Market Share, 2020 & 2028
4.2 Market Size & Forecasts And Trend Analysis, By Product, 2017 - 2028 (Kilotons) (USD Million)
  4.2.1 Soy Oil Polyol
    4.2.1.1 Market Size & Forecasts And Trend Analysis, By Soy Oil Polyol, 2017 - 2028 (Kilotons) (USD Million)
  4.3.1 Castor Oil Polyol
    4.3.1.1 Market Size & Forecasts And Trend Analysis, By Castor Oil Polyol, 2017 - 2028 (Kilotons) (USD Million)
  4.4.1 Palm Oil Polyol
    4.4.1.1 Market Size & Forecasts And Trend Analysis, By Palm Oil Polyol, 2017 - 2028 (Kilotons) (USD Million)
  4.5.1 Canola Oil Polyol
    4.5.1.1 Market Size & Forecasts And Trend Analysis, By Canola Oil Polyol, 2017 - 2028 (Kilotons) (USD Million)
  4.6.1 Sunflower Oil Polyol
    4.6.1.1 Market Size & Forecasts And Trend Analysis, By Sunflower Oil Polyol, 2017 - 2028 (Kilotons) (USD Million)

CHAPTER 5 NATURAL OIL POLYOLS MARKET: END-USE ESTIMATES & TREND ANALYSIS

5.1 Market: End-use Movement Analysis & Market Share, 2020 & 2028
5.2 Market Size & Forecasts And Trend Analysis, By End Use, 2017 - 2028 (Kilotons) (USD Million)
  5.2.1 Furniture And Interiors
    5.2.1.1 Market Size & Forecasts And Trend Analysis, Furniture And Interiors, 2017 - 2028 (Kilotons) (USD Million)
  5.2.2 Construction
    5.2.2.1 Market Size & Forecasts And Trend Analysis, Construction, 2017 - 2028 (Kilotons) (USD Million)
  5.2.3 Electrical And Electronic Appliances
    5.2.3.1 Market Size & Forecasts And Trend Analysis, Electrical And Electronic Appliances, 2017 - 2028 (Kilotons) (USD Million)
  5.2.4 Automotive
    5.2.4.1 Market Size & Forecasts And Trend Analysis, Automotive, 2017 - 2028 (Kilotons) (USD Million)
  5.2.5 Footwear
    5.2.5.1 Market Size & Forecasts And Trend Analysis, Footwear, 2017 - 2028 (Kilotons) (USD Million)
  5.2.6 Packaging
    5.2.6.1 Market Size & Forecasts And Trend Analysis, Packaging, 2017 - 2028 (Kilotons) (USD Million)
  5.2.7 Others (Industrial And Coatings, Adhesives, Sealants, And Elastomers (Case)
    5.2.7.1 Market Size & Forecasts And Trend Analysis, Others, 2017 - 2028 (Kilotons) (USD Million)

CHAPTER 6 NATURAL OIL POLYOLS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

6.1 Market Share, 2020 & 2028
6.2 Market Size & Forecasts And Trend Analysis, By Region, 2017 - 2028 (Kilotons) (USD Million)
  6.2.1 North America
    6.2.1.1 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.1.1.1 U.S.
    6.2.1.2 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.1.2.1 Canada
    6.2.1.3 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.1.3.1 Mexico
    6.2.1.4 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
  6.2.2 Europe
    6.2.2.1 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.2.1.1 Germany
    6.2.2.2 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.2.2.1 U.K.
    6.2.2.3 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.2.3.1 France
    6.2.2.4 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
  6.2.3 Asia Pacific
    6.2.3.1 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.3.1.1 India
    6.2.3.2 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.3.2.1 China
    6.2.3.3 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.3.3.1 Japan
    6.2.3.4 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.3.4.1 South Korea
    6.2.3.5 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
  6.2.4 Central & South America
    6.2.4.1 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.4.1.1 Brazil
    6.2.4.2 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
  6.2.5 Middle East & Africa
    6.2.5.1 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)
      6.2.5.1.1 South Africa
    6.2.5.2 Market Size & Forecasts And Trend Analysis, 2017 - 2028 (Kilotons) (USD Million)

CHAPTER 7 NATURAL OIL POLYOLS MARKET: COMPETITIVE LANDSCAPE

7.1 Strategy Framework
7.2 Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
7.3 Vendor Landscape
  7.3.1 List Of Raw Material Suppliers

CHAPTER 8 NATURAL OIL POLYOLS MARKET: COMPANY PROFILE

8.1 Cargill, Incorporated
  8.1.1 Company Overview
  8.1.2 Financial Performance
  8.1.3 Product Portfolio
  8.1.4 Strategic Initiatives
8.2 Basf SE
  8.2.1 Company Overview
  8.2.2 Financial Performance
  8.2.3 Product Portfolio
8.3 Jayant Agro Organics Ltd.
  8.3.1 Company Overview
  8.3.2 Financial Performance
  8.3.3 Product Portfolio
8.4 Stepan Company
  8.4.1 Company Overview
  8.4.2 Financial Performance
  8.4.3 Product Portfolio
  8.4.4 Strategic Initiatives
8.5 Elevance Renewable Sciences Inc.
  8.5.1 Company Overview
  8.5.2 Financial Performance
  8.5.3 Product Portfolio
8.6 Biobased Technologies
  8.6.1 Company Overview
  8.6.2 Financial Performance
  8.6.3 Product Portfolio
8.7 Emery Oleochemicals
  8.7.1 Company Overview
  8.7.2 Financial Performance
  8.7.3 Product Portfolio
  8.7.4 Strategic Initiatives
8.8 Mitsui Chemicals, Inc.
  8.8.1 Company Overview
  8.8.2 Financial Performance
  8.8.3 Product Portfolio
  8.8.4 Strategic Initiatives
8.9 Vertellus
  8.9.1 Company Overview
  8.9.2 Financial Performance
  8.9.3 Product Portfolio
  8.9.4 Strategic Initiatives
LIST OF TABLES

Table 1 Natural Oil Polyols: Regulatory landscape
Table 2 Natural Oil Polyols Market Volume Estimates & Forecasts, by Product, 2017 - 2028 (Kilotons)
Table 3 Natural Oil Polyols Market Revenue Estimates & Forecasts, by Product, 2017 - 2028 (USD Million)
Table 4 Natural Oil Polyols Market Volume Estimates & Forecasts, by End Use, 2017 - 2028 (Kilotons)
Table 5 Natural Oil Polyols Market Revenue Estimates & Forecasts, by End Use, 2017 - 2028 (USD Million)
Table 6 Natural oil polyols market volume estimates & forecasts, by region, 2017 - 2028 (Kilotons)
Table 7 Natural oil polyols market revenue estimates & forecasts, by region, 2017 - 2028 (USD Million)
Table 8 North America natural oil polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 9 North America natural oil polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 10 North America natural oil polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 11 North America natural oil polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 12 U.S. Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 13 U.S. Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 14 U.S Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 15 U.S Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 16 Canada Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 17 Canada Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 18 Canada Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 19 Canada Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 20 Europe natural oil polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 21 Europe natural oil polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 22 Europe natural oil polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 23 Europe natural oil polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 24 Germany Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 25 Germany Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 26 Germany Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 27 Germany Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 28 U.K. Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 29 U.K. Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 30 U.K. Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 31 U.K. Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 32 France Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 33 France Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 34 France Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 35 France Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 36 Asia Pacific natural oil polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 37 Asia Pacific natural oil polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 38 Asia Pacific natural oil polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 39 Asia Pacific natural oil polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 40 China Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 41 China Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 42 China Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 43 China Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 44 India Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 45 India Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 46 India Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 47 India Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 48 Japan Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 49 Japan Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 50 Japan Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 51 Japan Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 52 South Korea Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 53 South Korea Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 54 South Korea Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 55 South Korea Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 56 Central & South America natural oil polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 57 Central & South America natural oil polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 58 Central & South America natural oil polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 59 Central & South America natural oil polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 60 Brazil Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 61 Brazil Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 62 Brazil Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 63 Brazil Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 64 Middle East & Africa natural oil polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 65 Middle East & Africa natural oil polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 66 Middle East & Africa natural oil polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 67 Middle East & Africa natural oil polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
Table 68 South Africa Natural Oil Polyols market volume estimates & forecasts, by product, 2017 - 2028 (Kilotons)
Table 69 South Africa Natural Oil Polyols market revenue estimates & forecasts, by product, 2017 - 2028 (USD Million)
Table 70 South Africa Natural Oil Polyols market volume estimates & forecasts, by end use, 2017 - 2028 (Kilotons)
Table 71 South Africa Natural Oil Polyols market revenue estimates & forecasts, by end use, 2017 - 2028 (USD Million)
LIST OF FIGURES

Fig. 1 Natural oil polyolsmarket segmentation
Fig. 2 Research Methodology
Fig. 3 Data Sources for Information Procurement
Fig. 4 Information Analysis
Fig. 5 Bottom-up Approach
Fig. 6 Top-down Approach
Fig. 7 Combined Approach
Fig. 8 Value Chain Based Sizing & Forecasting
Fig. 9 Market Formulation and Validation
Fig. 10 Natural Oil polyols market outlook
Fig. 11 Natural oil polyols market volume and revenue, (2017 - 2028) (Kilotons) (USD Million)
Fig. 12 Natural Oil Polyols market- value chain analysis
Fig. 13 Brazil’s Soybean Oilseed Production, 2016 - 2021, (Thousand MT)
Fig. 14 Monthly production trend of crude palm oil, Malaysia, 2018 - 2020, Billion Tonnes
Fig. 15 Natural Oil Polyols Market-Market Dynamics
Fig. 16 Bio-based Polyurethane (PU) market volume and revenue, 2017 - 2028 (Tons) (USD Million)
Fig. 17 World soybean oilseed production and consumption projections, (Mt), 2020-2030
Fig. 18 World other oilseed production and consumption projections, (Mt), 2020-2030
Fig. 19 Natural Oil Polyols market: PORTER Analysis
Fig. 20 Natural Oil Polyols Market: PESTEL Analysis
Fig. 21 Natural Oil Polyols Market Volume Share, by Product, 2020 & 2028 (%)
Fig. 22 Natural Oil Polyols Market Volume Share, by End Use, 2020 & 2028 (%)
Fig. 23 Natural oil polyols market volume share by Region, 2020 & 2028 (Kilotons)
Fig. 24 South America Oilseeds Production, (1000 MT)
Fig. 25 South America Oilseeds Production, by major producing countries, (1000 MT)
Fig. 26 South America Soybean Oilseeds Production (1000 MT)
Fig. 27 Natural oil polyol market - Strategy Framework


More Publications