Global Bio Based Polyurethane Market Size & Outlook
The bio based polyurethane industry worldwide is expected to reach a projected revenue of US$ 64,596.1 thousand by 2030. A compound annual growth rate of 8% is expected of the worldwide bio based polyurethane industry from 2024 to 2030.
Revenue, 2023 (US$K)
$37,768.8
Forecast, 2030 (US$K)
$64,596.1
CAGR, 2024 - 2030
8%
Report Coverage
Worldwide
Global bio based polyurethane market, 2018-2030 (US$K)
Related Markets
Global bio based polyurethane market highlights
- The global bio based polyurethane market generated a revenue of USD 37,768.8 thousand in 2023 and is expected to reach USD 64,596.1 thousand by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8% by 2030.
- In terms of segment, flexible foam accounted for a revenue of USD 19,085.9 thousand in 2023.
- Flexible Foam is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 37,768.8 thousand |
| Market revenue in 2030 | USD 64,596.1 thousand |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Flexible foam |
| Fastest growing segment | Flexible Foam |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Rigid Foam, Flexible Foam, Coatings, Adhesives & Sealants |
Other key industry trends
- In terms of revenue, the North America accounted for 30.9% of the global bio based polyurethane market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 185.2 thousand by 2030.
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Bio Based Polyurethane Market Scope
Bio based polyurethane market segmentation & scope
Bio Based Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global bio based polyurethane market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio based polyurethane market will help companies and investors design strategic landscapes.
flexible foam was the largest segment with a revenue share of 50.53% in 2023. Horizon Databook has segmented the Global bio based polyurethane market based on rigid foam, flexible foam, coatings, adhesives & sealants covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bio Based Polyurethane Product Outlook (Revenue, USD Thousand, 2018-2030)
- Rigid Foam
- Flexible Foam
- Coatings, Adhesives & Sealants
- Others
- Global Bio Based Polyurethane End-Use Outlook (Revenue, USD Thousand, 2018-2030)
- Automotive
- Building & Construction
- Consumer Goods
- Electrical & Electronics
- Packaging
- Others
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Our clientele includes a mix of bio based polyurethane market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bio based polyurethane market , including forecasts for subscribers. This global databook contains high-level insights into Global bio based polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bio based polyurethane market statistics, by region, 2018-2030 (US$K)
Top 10 countries by Bio Based Polyurethane Market revenue, 2023 (USD Thousand)
Top 10 countries by Bio Based Polyurethane Market revenue, 2023 (USD Thousand)
Global bio based polyurethane market, by region, 2023 (US$K)
Related regional statistics
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