Bio-Based Polyols Market Size, Share, Opportunities, And Trends By Raw Material (Vegetable Oils and Derivates, Soya, Castor, Sugar, Others), By Application (Foams, Rigid, Flexible, CASE (Coatings, Adhesives, Sealants, and Elastomers), Casting and Molding, Others), By End-User (Building and Construction, Automotive, Food and Beverages, Others), By And Geography - Forecasts From 2025 to 2030

Bio-Based Polyols Market Size:

The Bio-Based Polyols Market is expected to grow from US$4.257 billion in 2025 to US$6.229 billion in 2030, at a CAGR of 7.91%.

Bio-Based Polyols Market Trends:

Bio-based polyols are increasingly being used in place of existing petrochemical-based polyols as they have a similar structure and properties. Bio-based materials like soy-based polyols can offer many advantages over the conventional polyols in terms of reduction in petroleum dependence, sustainability, and reduction in potential cost, and they are also often characterized by less sensitivity to hydrolysis and high thermal stability. The burgeoning need to derive products from renewable resources is driving the bio-based polyols market.

The growing need for polyurethane foams in a number of industries, such as construction and automotive, is boosting the demand for bio-based polyols. Manufacturers are introducing bio-based polyols and investing in this technology to gain a competitive edge in the market. These polyols help in meeting the growing market demand for high-performance and 100% renewable building blocks for coating & adhesives. Furthermore, the bio-based polyols are being used because they reflect a positive light on environmental protection, along with the lightweight targets in the transportation industry and renewability.

Geographically, Asia Pacific holds a significant share in the market due to the growing automotive industry and construction activities in the region. However, the rising demand for biodiesel has driven up the subsequent cost of the bio-based polyols.

Bio-Based Polyols Market Growth Drivers:

• Increase in the demand for environment-friendly materials
• Rise in the demand for bio-based polyols from end-user industries such as automobile, packaging, and furniture.

Bio-Based Polyols Market Restraints:

• Availability of Substitutes

Bio-Based Polyols Market Key Players:

The major players profiled in the global bio-based polyols market are BASF SE, The Dow Chemical Company, Lanxess Aktiengesellschaft, Shell International, Convestro, Stepan Company, Repsol, Lonza Group, Cargill, Incorporated, and Vithal Castor Bio-based polyols Pvt. Ltd.

Bio-Based Polyols Market Segmentation:

The global bio-based polyols market has been analyzed through the following segments:

By Raw Material
Vegetable Oils and Derivates
Soya
Castor
Sugar
Others

By Application
Foams
Rigid
Flexible
CASE (Coatings, Adhesives, Sealants, and Elastomers)
Casting and Molding
Others

By End-User
Building and Construction
Automotive
Food and Beverages
Others

By Geography
North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. BIO-BASED POLYOLS MARKET BY RAW MATERIAL

5.1. Introduction

5.2. Vegetable Oils and Derivates

5.3. Soya

5.4. Castor

5.5. Sugar

5.6. Others

6. BIO-BASED POLYOLS MARKET BY APPLICATION

6.1. Introduction

6.2. Foams

6.3. Rigid

6.4. Flexible

6.5. CASE (Coatings, Adhesives, Sealants, and Elastomers)

6.6. Casting and Molding

6.7. Others

7. BIO-BASED POLYOLS MARKET BY END-USER

7.1. Introduction

7.2. Building and Construction

7.3. Automotive

7.4. Food and Beverages

7.5. Others

8. BIO-BASED POLYOLS MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. BASF SE

10.2. The Dow Chemical Company

10.3. Lanxess Aktiengesellschaft

10.4. Shell Global

10.5. Convestro

10.6. Stepan Company

10.7. Repsol

10.8. Cargill, Incorporated

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key Benefits for the Stakeholders

11.5. Research Methodology 

11.6. Abbreviations

BASF SE

The Dow Chemical Company

Lanxess Aktiengesellschaft

Shell Global

Convestro

Stepan Company

Repsol

Cargill, Incorporated